Progressive Slot Machine

1. Progressive Slot Machine online, free
2. Progressive Slot Machines Tips
3. Progressive Slot Machine
4. Progressive Slot Machines Tips
5. Progressive Slot Machine Means

The first progressive jackpot slot launched in March 1986 and was created by International Game Technology is known as IGT. Megabucks video slot featured a progressive jackpot that differed from other jackpots in the sense that instead of offering a fixed jackpot prize, its jackpot was linked and contributed to by a percentage of players wager.

The major fascination with the progressive jackpot was due to IGT’s announcement, the developer would fund the first million dollars to set the jackpot into motion, and by February 1987, the first jackpot winner, Reno cashed in a jackpot prize worth $4,988,842.17.

Stand-alone progressives are single slot machines with a progressive jackpot. A piece of every dollar put in the machine goes into a progressive jackpot that is contained on that machine. That means only. Try the Progressive Slots listed here – some progressive jackpots are random, some require a combination of special symbols. You can also find games that have a regular jackpot besides a progressive one, along with free spins or bonus rounds that make them more entertaining. Although a progressive slot machine is a game where the jackpot gets massive over time as it gets played. A tiny percentage of each bet goes into the jackpot. Types of Progressive Slot Machines: The first one is a standalone progressive machine. Progressive Jackpot For some, playing slots is about finding a game that looks visually appealing and enjoying the variety of features on offer, while others seek out slots based on a preferred feature type. One of the most commonly desired features is the progressive jackpot. Progressive slots are slot machines for which the jackpot continues to grow. The jackpot is progressive, growing with each bet gamblers make. The final jackpot, which is only determined when someone wins, is taken from a percentage of all the bets played on a group of machines or a single slot machine.

Being named the “biggest progressive jackpot” in the world is a title, many online software developers compete for, and currently, the two main contenders are Microgaming and NetEnt.

Microgaming launched its signature progressive jackpot slot titled Mega Moolah in December 2006, and during its steady climb from one million to five and a half without any winnings along the way, the first lucky winner was awarded $5.5 million in April 2008.

NetEnt released Mega Fortune in January 2009, the first winner of the mega jackpot bagged an extraordinary win worth €4.3 million, while the second winner won €3.9 million, yet the progressive jackpot first to astonish the world & enter the Guinness World Record was in January 2013 when a student from Finland claimed €17.8 million!

Best Progressive Jackpot Slots

Progressive Jackpots the Millionaire Makers

There are several types of progressive jackpots including standalone progressives, in-house progressive jackpots known online as local progressives and wide area progressive jackpots also referred to as linked progressive jackpots.

Progressive jackpots wins are something every player have fantasized about, its life-altering and a single spin can transform a casual player into a multi-millionaire. The difference between a jackpot and a progressive jackpot is major, fixed jackpots offer players the prize indicated in the paytable while progressive jackpots increase every time the slot is played, should the progressive jackpot be won the minimum jackpot prize instantly re-sets to its minimum guaranteed predetermined value.

Every online and land-based slot machine operates via a computerised algorithm called a random number generator referred to as the RNG, which determines the result of every spin and at the same time guarantees that every result is completely random. Playing a progressive jackpot very much depends on the progressive jackpot rules indicated in the paytable section. Most progressive jackpots state that the main jackpot prize can only be triggered via a maximum bet, but at the same time this hugely differs from one slot to the next. The first step towards winning a progressive jackpot is to ensure you are familiarised with the requirements, since should you be lucky enough to spin in the required combination it would be dramatic to only win a part of the jackpot should your selected bet not adhere to the conditions.

Types of Progressive Jackpots

The two main types of progressive jackpots offered at online casinos are local and pooled jackpots. Local progressive jackpots are exclusive to players at the casino, only wagers made by members contribute to the always increasing jackpot, and it can only be won at that casino. Local progressive increase slower than linked progressive jackpot and often don’t reach the same massive payouts in the same time-period.

Linked progressive jackpots are shared amongst several online casinos and players at all the participating casinos contributes to the same jackpot/s, while the progressive prize can be won by a member of any one of the participating casinos. The benefit of selecting to wager on a linked progressive jackpot is that the contributions from thousands of online players ensure that the top prize increase much quicker and that it always reaches multi-millions.

Video Slots Featuring Multiple Progressive Jackpots

One of the best-known progressive jackpots is Mega Moolah, which offers players the change to win three progressive jackpots linked to five different slots. The jackpots include the major offering the highest payout, the minor which is in the middle and the mini jackpot rewarding a lesser jackpot prize than the minor and the major.

Mega Fortune created by NetEnt also features three different progressive jackpots with the highest payout offered by the mega, a lesser payout by the major and the smallest of the three is the rapid progressive jackpot.

Unique Progressive Jackpots

NetEnt created, Cosmic Fortune slot is quite unique in that it offers avalanche style play with a total of five jackpots, consisting of a mixture of fixed and progressive jackpots.

Playtech’s progressive jackpot titled Everybody’s Jackpot is an eight payline slot and in remaining true to its name the winner of the progressive jackpot shares a percentage of the prize with players who wagered in the past 24 hours. The winner receives 70% of the progressive jackpot prize, while the remaining 30% is distributed to the most recent participants.

Top Progressive Jackpots by Award-Winning Software Developers

Mega Moolah and Mega Fortune are the best known for their frequent multi-million payouts, although online players have an enormous variety to choose from, and therefore we list some of the most popular jackpots created by premier online software providers.

NetEnt: Mega Fortune, Arabian Nights, Hall of Gods, Mega Fortune Dreams, Cosmic Fortune

Microgaming: Major Millions, Mega Moolah, King Cashalot, Tunzamunni, Major Millions

Playtech: Jackpot Giant, Gold Rally, Beach Life, Gladiator, Age of the Gods, Funky Fruits

Yggdrasil: Joker Millions, Empire Fortune, Holmes & the Stolen Stones

Biggest Progressive Jackpot Payouts by NetEnt

The biggest progressive payouts awarded by NetEnt’s progressive jackpots include €7,820,888 awarded by Hall of Gods on the 18th of April 2015, €8,835,872 won on Arabian Nights in November 2012, and Mega Fortune’s mega jackpot has awarded a lucky player with €8,577,104 in November 2015, €11,735,446 in September 2011 and its biggest payout yet was €17,860,868 on the 20th of January 2013.

Biggest Progressive Jackpot Payouts by Microgaming

Mega Moolah is not only the biggest progressive jackpot part of the Microgaming platform it has also recently surpassed its biggest competitor when it awarded the biggest progressive payout on a slot on the 28th of September 2018 when the luckiest player in the world won €18,915,721. Other massive payouts by Mega Moolah also includes £13,212,882 in October 2015, $11,633,898 in November 2016 and $10,423,223 in April 2016.

Biggest Progressive Jackpot Payouts by Playtech Slots

Playtech’s signature progressive jackpot is Beach Life which awarded its biggest payout to date in February 2012 when an anonymous winning cash in a prize worth $5,219,723, other high payouts also includes £3,780,736 in July 2015 as well as $4,248,570 in December 2009. Other high payouts awarded by Playtech slots include £3,917,927 in January 2016 via Jackpot Giant, and Gold Rally awarded £3,917,927 in November 2013.

Biggest Progressive Jackpot Payouts by Yggdrasil Gaming Slots

Yggdrasil Gaming is a newcomer in the world of progressive jackpots games, although the developer has accumulated quite a list of big winners in recent years. The highest rewarding jackpot is Joker Millions, which have rewarded a €5,196,319 on the 4th of July 2017, €3,475,894 in October 2017, €3,201,285 in December 2016, and €2,881,257 in July 2016.

Mega Moolah vs Mega Fortune Progressive Jackpots

Mega Fortune is inspired by a wealthy theme. It represents the flamboyant lifestyle that awaits the winner of its mega jackpot across twenty-five paylines and five reels. While the background displays an evening-sky enjoyed on an island, lounge music sets the mood. The theme related symbols all drenched in gold and diamonds includes golden rings, silver and gold cufflinks, designer watches, cognac & cigars, limousines and a stack of cash kept orderly via a gold dollar designed money clip.

Ten different bet levels are available to select from, while the coin value starts from a minimum of $0.01 up to $0.50. Packed with bonus features, Mega Fortune enhances winning chances via wild yachts paying maximums worth up to 10,000 coins, champagne scatters releasing free spins and bonus wheels unlocking the door to the jackpot bonus round. The main attraction is the three progressive jackpots displayed directly above the reels, which includes the rapid, major and the mega jackpots.

Mega Moolah is inspired by the freedom of nature, it’s twenty-five paylines transport players to the wild where a purple monkey throws the bonus, and for the lucky winner, he predicts a life of riches. Apart from four progressive jackpots, Mega Moolah also features an array of fantastic bonus boosters including the wild lion replacing all symbols to increase combination winnings. The monkey represents the scatter, and during the free spins bonus round all payouts are tripled.

Once the jackpot bonus round activated a window appears over the main game, and the player gets the chance to spin the wheel. The colour the bonus wheel halts on determines which of the progressive jackpots are won, the mini activates on red, the minor jackpot triggers on orange, the major n yellow and the mega jackpot pays out should the wheel land on the paw prints on the grey area.

But how do you do this when slot machines are so random and unpredictable?

Some players believe that it’s all about finding hot progressive slots. A hot progressive game is one that has paid out a recent string of jackpots and is primed to do so again.

Many players discount the notion of hot and cold slot machines. This idea is considered one of the biggest myths in all of gaming.

But you might be surprised to know that there’s value to be gained from looking for hot slots. I’m going to discuss this along with how you can find progressive prizes that are ready to burst.

I’ll also cover more on the subject of slot machine myths and the most important aspects to progressive jackpot success.

Some players who subscribe to the hot-and-cold theory go around online and land-based casinos playing different slot machines.

They determine a high-paying game by whether or not it offers prizes within the first 10 spins or so. If the slot doesn’t pay, they move down the line and do a heat check on the next slot.

Certain gamblers are stuck on using this method to find lucrative games. But thanks to internet tools, one doesn’t have to use such rudimentary methods.

Below you can see some helpful ways to find hot progressive slots and stay away from the cold ones.

Check the Last Time That a Progressive Jackpot Was Hit

The first thing that you should do when searching for frequently paying jackpots is find a progressive slots tracker. These tools keep track of various aspects regarding a progressive slots prize, including the value, most-recent win, average win size, and the average time between wins.

Multiple websites offer online progressive jackpot trackers, including CasinoListings, SlotsDoc, and Casino.org.

The late time that the payout was hit is a key element. This factor gives you a strong indication on the chances of winning a jackpot.

• I check a jackpot tracker website.
• Playtech’s Jackpot Giant was last hit 2 years and 43weeks ago.
• NetEnt’s Arabian Nights was last won 21 weeks ago.
• Yggdrasil’s Joker Millions was last hit 18 weeks ago.

You can see that both Joker Millions and Arabian Nights seem like frequent-paying slots based on this information. Jackpot Giant, meanwhile, is very cold since it hasn’t paid for almost two and a half years.

Keep in mind that there are other considerations to note other than when a slot last paid. After all, Jackpot Giant could hit tomorrow and suddenly look like a hot game.

But this factor at least gives you an idea on when the last time a slot machine’s jackpot was claimed.

Average Time in between Jackpot Wins

The most-important aspect with regard to finding hot games is the average time between jackpot payouts. This is another statistic that you can find through slots jackpot trackers.

Figuring out the average time between progressive payouts gives you a rough estimate on how long games wait to hit.

• Microgaming’s Major Millions pays out every 6 weeks on average.
• RTG’s Shopping Spree pays every 4 years on average.
• Blueprint’s Jackpot King pays every 2 years on average.

You can see that Major Millions is by far the best in terms of the average jackpot wait. Meanwhile, both Shopping Spree and Jackpot King make players wait years before delivering a big payout.

If you only look at one factor to determine a hot progressive slot machine, then let it be the average jackpot payout time. Doing so allows you to find the best route in terms of improving your odds of winning.

Average Progressive Jackpot Payout Size

Progressive slots don’t deliver jackpots very often because the prizes are so huge. This fact is why you should also consider the average payout size during your search.

One of my previous examples shows that Jackpot Giant hasn’t paid out in a while. But I failed to mention that Jackpot Giant’s top prize is worth over $12 million at the time of this post.

Meanwhile, Major Millions, which pays out every six weeks on average, offers a jackpot worth $1.8 million.

You should weigh a prize’s value in comparison to its average payout time frame. Doing so gives you better perspective on whether the wait is worthwhile.

I don’t know of any perfect formulas for measuring this aspect. But the following example provides a simple method to compare the average payout versus wait time:

• (Formula) jackpot size / average wait in weeks = jackpot value.
• Jackpot Giant: $12,000,000 / 51 weeks = $81,632 per week.
• Beach Life: $2,613,000 / 29 weeks = $90,013 per week.
• Millionaire Genie: $1,058,000 / 12 weeks = $88,166 per week.

Beach Life theoretically offers the most value here, because it pays $90,013 per week. But this game takes over twice as long to deliver jackpots as Millionaire Genie.

You may place higher emphasis on either winning more frequently or larger payouts. If you only care about hitting the biggest prize, then you’ll go for the largest payout regardless of how long the average winner waits.

I personally put considerable weight on both factors. After all, who cares if you’re chasing a $10 million payout when the per-week value is low.

Check the Jackpot Thermometer

Microgaming offers a “Jackpot Thermometer” at its casinos. These thermometers are used to show which games frequently pay jackpots at the time.

Microgaming’s Jackpot Thermometer uses two main aspects to determine sizzling games. These factors include the last time that the progressive prize was won along with the average time in between the last five jackpot payouts.

Any slot that features a thermometer with a high temperature has been paying well lately. Meanwhile, games with frigid thermometers haven’t been generous with jackpots.

I enjoy the Jackpot Thermometer because it somewhat negates the need to look at the previously covered aspects. Unfortunately, I’ve only found these thermometers at Microgaming casinos.

And while this developer has more games than any other online slots provider, they don’t encompass the entire industry. Furthermore, their software isn’t available to many countries.

But if you can use Microgaming slots, then check out the Jackpot Thermometer and use it to your advantage.

Be Aware of Progressive Jackpot Slots Myths

You should definitely be aware of the myths surrounding slots when looking for hot jackpots.

Simply knowing the average payout frequency and the last time a jackpot was hit doesn’t guarantee you anything. Remember: these are games of chance with completely random results.

Despite this fact, some players fall for myths that they believe will improve their odds. Check out the myths below so that you don’t fall for them on your quest for a big jackpot.

The Concept of Hot and Cold Slots Can Mean Little

Look up any resource on slots myths and you’ll assuredly find a section on hot and cold games. This concept doesn’t relate directly to what I’ve covered on finding hot progressive jackpots, but rather a frequency on any type of payout.

I described a scenario earlier of a player moving from machine to machine in a casino. These gamblers believe that some force of nature causes games to pay more in the short run.

The reality is that these players are relying on random luck to find a game that’ll offer immediate payouts. This practice differs from using actual statistics to find hot and cold progressive prizes.

You can use volatility as a measure of games that’ll deliver more short-term winnings. Volatility refers to the streakiness of slot machines.

If you win an average of 20 payouts every 100 spins, then you’re dealing with a low-volatility slot. But if a game only offers 10 payouts every 100 spins — with some of these prizes being larger — then you’re playing a high-volatility slot.

One good way to consider variance is by looking at the progressive jackpot size. The most-volatile games tend to have big top payouts, while less-volatile slots have smaller jackpots.

Games with big progressive prizes need to make up for the big top payout. Therefore, they offer small prizes with less frequency.

A Progressive Slots Jackpot Can Pay at Any Time

Another myth surrounding progressive games is that you should avoid any slot that’s recently paid a jackpot. The reasoning is that the game is less likely to offer another jackpot since it has just delivered one.

Obviously, the chances of a slot paying out a seven-figure jackpot on back-to-back days are low. But your odds are just as good a day after a huge jackpot is hit as they are one year from now.

A perfect example of this is when Microgaming’s Mega Moolah hit twice within a 22-hour span. A player won £5.7 million on April 19^th, while another person won £1.7 million the following day.

Your Bet Size Doesn’t Matter — Unless Specified

Some players are under the false assumption that they have to bet the maximum coin size to qualify for a progressive jackpot. The reasoning is due to a myth that claims you can only win jackpots on a max bet.

This myth is steeped in reality since older slot machines used to require max coin sizes to win the jackpot. But these were older three-reelers that didn’t cost as much to play.

Modern slots can feature dozens of paylines and coin sizes worth up to $10. The average player will quickly lose their bankroll if they turn their coin size up to $10 on a 50-line slot.

You should always consult a game’s help screen before assuming that you need to wager the max. The info screen explains what you need to do to qualify for a jackpot.

Few slots these days require you to bet the maximum coins size. Instead, you often qualify by putting a penny on each line.

In the case of a 25-line slot machine, you’d be making qualifying jackpot spins at $0.25. Playing at this rate allows you to extend your bankroll further and get more entertainment out of slots.

Slots Systems Don’t Work

One more myth that slots players can fall for is the idea that a foolproof system exists. Slots systems often involve a complicated set of rules that you use to supposedly win more money.

I’ve even seen people selling slots systems under the guise that their strategies will deliver guaranteed profits.

The myth that a system can help you win is thankfully dying down. This is probably why I haven’t noticed anybody selling worthless systems lately.

But you’ll still find these strategies discussed on forums. Any time you see discussions like this, just remember that no system can overcome a completely random game.

Progressive Slots Results Are Based on Programmed Odds

One reason why slot machine myths exist is because people try using complicated solutions to solve an easy game. The truth is that slot machines operate in a simple manner.

Understanding how slots work goes a long way towards using the right strategy and improving your chances of winning a jackpot. The following characteristics explain the main points on how slots results are determined.

RNG Determines When You Win and Lose

An RNG cycles through millions of number combinations to determine when you win and lose a spin. The fact that these programs run through so many number combos ensures that each result is completely random.

Every slot machine incorporates the RNG into its operation. Therefore, you can always be confident that every spin is random and fair.

Many of the myths discussed above can be cleared up just by knowing about the RNG and how it works. This includes the idea that you can jump from game to game and eventually find a hot slot.

Past Results Don’t Change Slots Odds

Some of the factors that allude to hot and cold progressive jackpots are useful. But from a broad perspective, it’s good to remember that past results don’t determine future outcomes.

Too many players use personal history or miraculous events to try and predict the future. For example, somebody may read the story that Mega Moolah paid twice within 22 hours and suddenly believe that it hits more than any other big jackpot slot.

Progressive Slot Machine online, free

Mega Moolah has been around for a decade. Therefore, we have plenty of data to make a confident assertion about its average payout.

This game hits once out of every nine months on average according to jackpot trackers. History shows that the wins on back-to-back days are definitely an anomaly.

Increasing Progressive Jackpot Can Add Value

Progressive Slot Machines Tips

Slots developers must reseed a jackpot after it’s won. Doing so gives people a reason to continue playing.

For instance, a player may win a progressive jackpot at $8 million. The gamemaker will then reseed the prize at $500,000.

Once the top payout is seeded, a slot machine begins with a base payout percentage.

• NetEnt’s Arabian Nights offers 95.2% base return to player (RTP).
• Jackpot Giant features 94.2% base RTP.
• Megabucks, a land-based slot in Las Vegas, offers 88% base RTP.

All of these payout percentages take the starting jackpot value into consideration. But RTP grows along with the top prize.

Therefore, Megabucks’ payback is going to be much higher than 88% when the jackpot reaches $15 million.

Of course, payback is theoretical, and the odds of you winning a jackpot are still low. But it’s nice to gain theoretical value by playing slot machines when their top prize increases.

Conclusion

The last time that a jackpot has been hit is only part of determining when progressive slot machines are hot or cold. You also need to consider other aspects, including the average time between wins and the payout’s size.

Using these factors in combination helps you better decide if a slot machine is heating up. Beyond this, you can also determine the payout’s value based on its size and average win time frame.

I discussed an easy formula to figure out the weekly value of a jackpot. But you may come up with something more advanced that involves additional factors.

You should also consider base payback when choosing jackpot slots. Base payout percentages can help you decide how likely you are to pick up small prizes.

Winning smaller payouts is crucial when considering your low odds of hitting a jackpot. Earning wins while chasing a progressive prize sustains your bankroll longer.

Progressive Slot Machine

Progressive Slot Machines Tips

But be sure to keep all of the other aspects in mind. Doing so helps you form a composite picture on your odds of taking down a jackpot.

Progressive Slot Machine Means

Progressive Slot Machine