Progressive jackpot slots are a special breed of the most popular casino game and can be played at popular websites like JeffBet.com. They represent a minority of slots but have the highest potential winnings, which explains their popularity. The thing that makes these games so appealing is the fact that they offer the possibility of winning large amounts with a small investment. The odds are stacked against you, so if you choose to walk down this path, you need to arm yourself with patience.
Distinguish Between Progressive Jackpots
These high-paying slots come in different flavours and it’s important to understand how they differ, to make the right choice. Stand-alone jackpots are some of the most common, as they use a portion of the bets to fund the progressive jackpot. The regular winnings are the same, but in anticipation of that big payout, players need to make a small investment every hand. In-house progressive jackpots are also popular, but they are more common in land-based casinos than their online counterparts.
Just as the name indicates, the jackpot is available exclusively at the casino offering it, so you don’t compete against your peers from other operators. The odds of winning are slightly better, but the maximum amount that can be claimed is not record-setting.
Network pooled progressive jackpots are the most popular online, as they have the potential of triggering the biggest winnings. They are shared with other casinos, so punters from an entire network compete for the mouth-watering payout. The odds of winning are slim to none, but you only need to get lucky once to change your life forever.
The Gift that Keeps on Giving
One of the redeeming qualities of progressive jackpots is that they are guaranteed to produce a winner at some point. With each round played, the jackpot grows a little more, so the longer it takes before somebody hits the winning combination, the bigger it gets. Record-setting progressive jackpots took a long time to be claimed and the amounts are up for grabs and are always displayed online. This provides players with the impetus to double their efforts and spend more time and money spinning the reels.
Regardless of its nature, a progressive jackpot game requires several conditions to be met, for it to pay the massive amount. Most of them are worn during the special bonus games which are triggered by the random appearance of certain symbols across the reels. The odds of triggering the exact winning combination are small, hence the long waiting time between payouts. Most slots will require players to bet the maximum number of coins to enter the race for the jackpot, which is a key detail.