Slots with Progressive Jackpots

Many people dream of that one thing that will change their lives completely, and most of the time this dream is in the form of money, because that’s what we always need to make our lives a little bit better. Online slot players have it a little bit easier as that big dream could only be one spin away. Slot players dream of that one spin that will turn them into overnight millionaires. In order to do that, you have to play slots with progressive jackpots.

How Progressive Jackpots works

Every online casino has a few progressive jackpot slots, some with higher jackpots than others. Every time you place a bet on the slot, a percentage of the bet will go towards the jackpot. Sometimes one game is linked to a network, which means that all players (at different casinos) playing the game will contribute towards the jackpot, but that also means that any of these players could win the jackpot. Once a player has won the big jackpot, it will reset to a predetermined amount.

Progressive jackpot slots therefore have lower odds than regular slots, but with much bigger payouts. For example, if 5% of your wagers go towards the progressive jackpot, the payout for that slot will have to be less than 95%. If you take extra percentage points from the casino, you may end up with a payout of approximately 91%, which is considerably less than regular slots with payouts of around 97%. This is, of course, only an example and not set in stone, so don’t let that discourage you. Let’s rather concentrate on what you can win.

If you hit the jackpot, it can be great

As mentioned, slots with progressive jackpots may not pay out as often, but when they do, and if you hit the jackpot, it can be millions of dollars. Some jackpot games even start on a guaranteed million, so no matter what amount is won on the jackpot, it will automatically reset to a million. It’s always recommended to play maximum bet when you play a progressive jackpot slot, as most online slots only pay out the jackpot when you bet the maximum coins.

So should you play slots with progressive jackpots? This can be answered with either a yes or a no, because it all depends on whether you’re a patient player and if you have the bankroll available. Progressive jackpot slots do have a lower payout percentage and therefore a lower hit rate, so you may not win as frequently as with other online slots. However, if you do strike it luck and hit the jackpot, your life will change overnight and you could become a millionaire with one single spin. We would recommend that you definitely try a progressive jackpot slot, but don’t spend too much time going after the jackpot – it might not happen today, but who knows… anything is possible.