The dream of every gambling enthusiast is to walk away with a life-changing sum of money, and for some, this dream has been made a reality with progressive jackpots. Fortunately, in today’s technologically advanced world, you don’t have to go to a land-based casino to try your luck on this jackpot opportunity.
You can play a wide range of progressive jackpots from the comfort of your living room or even on your tablet or smartphone. Progressive jackpots have lucrative bonus games, immersive themes, and huge payout potential that guarantee an amazing gaming experience.
In this post, we’ll discuss everything you need to know about progressive jackpots, including how it works, the odds/house edge, and tips for winning.
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What Is Progressive Jackpot?
A progressive jackpot is essentially a network of slots games connected across different casinos. The prize continues climbing every time somebody plays a slot game. A small portion of each qualifying wager is added to the prize pool. The jackpot can roll up to millions of Kenyan Shillings as more players contribute.
The jackpot can be won anytime with a single spin. The winner walks away with all the money. Players have been known to win large amounts of money from just one spin on popular progressives like Mega Moolah. When this happens, the jackpot is reset to its minimum value. The higher a progressive jackpot goes unclaimed, the higher it climbs.
How Does a Progressive Jackpot Work?
We might have given you an idea of how a progressive jackpot works, but taking a closer look will help you understand better. As already mentioned, progressive jackpots grow over time. A small percentage of every bet is taken to fund the jackpot. For example, IGT’s Mega jackpot siphons about 3% of your wager.
When someone wins the jackpot, it must start somewhere, because no one would play a jackpot with Ksh0. That minimum or default amount is called the ‘seed’ amount and it’s usually determined by either the game developer or the casino operator. Progressive jackpots come in all shapes and sizes.
It’s important to keep in mind that some jackpot games have a minimum wagering requirement in order to qualify for the big prize, so be sure to check the pay-table before committing. This is crucial in ensuring you qualify in the first place.
Win Mechanics of a Progressive Jackpot
Let’s take a further look at how progressive jackpots work. Generally, a set of random numbers are usually chosen when you spin the wheel. The jackpot will be triggered when the correct algorithm is picked.
However, there are a few ways of winning a progressive jackpot:
Wager maximum amount – For most slot games, only players who play maximum bet qualify to win the jackpot. You would normally be given a ticket each time you play the highest bet. The more you wager, the more tickets you get. If one of the tickets matches the spin algorithm, you win the jackpot.
Hit a winning combination – You can always win the progressive jackpot by lining up certain symbols on a payline. For example, there are high chances that you will be able to trigger the jackpot when you hit a winning combination on the 15th payline. However, this may not apply to all slot games. So, be sure to find more information about the winning system.
Must-drop jackpots – Some jackpot slots have a deadline. These jackpots usually attract more players as the deadline approaches, hence more money. The deadline will be triggered on deadline day.
Play a bonus game – Some slot games have a bonus round that allows you to win the progressive jackpot by playing a bonus game. In most cases, you’ll be required to match four cards to win the jackpot prize.
RNG (Random Number Generator) – Like all other casino games, progressive jackpot slots use an RNG to ensure fairness. The RNG determines when the jackpot will be won. So, even if a jackpot goes unclaimed for months, it will eventually be won.
Odds of Winning a Progressive Jackpot
The main advantage of playing a progressive jackpot is that you stand a chance to win huge prizes. On the downside, the odds of winning the huge prize are 1 million to 1. For example, the winning probability of Microgaming’s Mega Moolah is about 50 million to 1.
Some progressive jackpots, such as the Vegas progressive jackpots, have worse odds. For example, you can find jackpots with odds of 200 million to 1 or even 3000 million to 1. In addition, these come with an RTP, which ranges between 90% and 95%. It’s no surprise that progressive jackpots have a high house edge.
However, it’s the desire of every player to defy the odds and win the jackpot and that’s what makes gambling fun and exciting. Just set your budget and start playing. You never know – you might be the next millionaire in town.
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The Different Types of Progressive Jackpots
Here are the different types of progressive jackpots:
Stand-Alone Progressive jackpot – As the name suggests, this jackpot is not linked to games in other casinos. It’s only reserved for one game in a casino and does not form part of a larger network of casino games.
Wide-area progressive jackpot – Also known as network progressive jackpot, the wide-area progressive jackpot links multiple slot games across several online casinos. In fact, this jackpot may feature different brands of slot games. For this reason, the payouts are usually higher than stand-alone progressive jackpots.
Proprietary progressive jackpots – Proprietary progressive jackpots, or local jackpots, are jackpots that operate under one casino. They usually involve several slot games from the same club. The jackpot is usually based on five slot machines. The machines can be selected based on the developer or any other criteria the casino prefers.
Mastery progressive jackpot – Mastery progressive jackpot is a fairly new type of progressive jackpot. With this jackpot, you don’t have to match the required symbols to win.
Tips for Playing Progressive Jackpot Games
Although winning the progressive jackpot is based on luck, there are a few things you can do to increase your chances of winning.
Here are a few strategies you can apply to boost your winning chances:
Have a budget – The first thing to do is to set a budget. Only allocate money that you can afford to lose. Most importantly, play games that allow you to wager with smaller amounts.
Understand the game – With many types of progressive jackpot games available, you need to try out free versions of the games before playing with real money.
Choose games that payout frequency – It’s also important to choose slot games that have a higher payout frequency. Slots with a higher frequent pay faster than other slots.
Wager maximum amount – If the game you intend to play doesn’t have a limit on the amount you can wager, just go ahead and place the maximum stake to increase your chances of winning larger payouts.
Don’t blow your budget – One of the most common mistakes gamblers make is mismanaging their bankroll. It’s crucial to stick to your budget always until you win something.
Take advantage of bonuses – Virtually all online casinos offer bonuses. For any player looking to be successful in the gambling industry, taking advantage of these offers can boost your winning chances. These offers will build your bankroll and allow you to play more. However, be sure to read the terms and conditions before claiming any bonus. Some bonuses have hidden clauses. So, always keep an eye out for this.
Play stand-alone progressive jackpot games – Stand-alone progressive jackpots may have smaller winnings, but they have higher chances of winning. This is a great way to build your confidence in the gambling market.
Check withdrawal limits – You also need to check the withdrawal limits of your preferred casino. Online casinos have different withdrawal limits which are also determined by the payment method you choose. Ensure that you inquire about the casino’s daily, weekly, and monthly withdrawal limits to avoid last-minute surprises.
Conclusion
Progressive jackpots offer a fun and exciting way to walk away with huge prizes. It might take time for the jackpot to be triggered, but someone will eventually win it. Now that you’ve everything you need to know about this game, it’s time to put your knowledge to the test. But first, you must play free games before trying your luck on the jackpot. You also need to find reliable Kenyan online casinos to play the progressive jackpot.
FAQ
When you spin the wheel the random numbers are usually chosen. Jackpot will be triggered when the correct algorithm is picked.
Yes, there are a few Kenyan online casinos that will allow you to try the free model of progressive jackpot before you bet with real money.
Yes, most progressive jackpots work well with mobile devices. You can either play them directly on your mobile web browser or through dedicated mobile apps.
Well, there’s no formula or magic to winning a progressive jackpot. The secret is to play as many times as you can.
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