Unlike regular slots, the appeal of online jackpot slots is the possible chance you have to win a massive jackpot. These jackpots can sometimes reach extremely high amounts, with players committing hours of play time in the hopes of winning the Jackpot. Even if it’s just a small chance of hitting it big, this is better than no chance, at least that is the thinking.
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Types of Jackpot Slots
Jackpot slots are categorised by the way in which their pools are accumulated. The first of these are progressive jackpot slots – where the jackpot is linked to many different online casinos across the world. Basically, any wager placed at any online casino that provides this game adds a predetermined portion of each bet to the Jackpot amount. Therefore, these jackpot slots allow an extremely large amount to be accumulated. These casinos use the same software provider who manage the jackpot payout. The odds of hitting the jackpot are not that high, but the prospect of having even the slightest chance is enough to draw players to the game.
The second type of Jackpot Slots is called a boiling point jackpot. It is called this because the pot is awarded to the player whose bet causes the jackpot meter to reach its boiling point. These boiling points are not revealed to players and is essentially a waiting game consisting of luck and patience. You need to ask yourself, do you feel lucky? If so, play the pokie and see if it is indeed your lucky day.
Fixed jackpots are another type of slots offered at online casinos . Unlike progressive jackpots the fixed jackpot does not increase, but is rather a set amount which players know about while playing.
How to play Jackpot Slots
There is little difference between regular slots and jackpot slots, the main difference is the potential to win a possibly outrageous amount of cash. First you load the game with credits. Unlike normal slots the jackpot is fed by every bet you make. In jackpot slots you are required to place the maximum number of bets if you are to be eligible for the jackpot. This means that even if you are the jackpot winner, if you have not bet the maximum on your spin, you will not get the payout.
Strategy and Tips for Playing Jackpot Slots
- Fix your budget in case you fall into the trap of clearing your bank roll in the hope that your next spin will be the jackpot winner.
- Look at the cash out limit of the casino. Imagine winning the jackpot and then finding out you can only withdraw 5% of it a day. That’s not cricket!
- Always play max bets. Some casinos limit jackpot winners to those who play max bets only, since they have contributed much more to the accumulation of the pot.
Here are two of the worlds biggest Jackpot Slots worth playing…
Now, I would not be able to discuss Jackpot Slots without mentioning Microgaming’s star progressive jackpot, the monkey themed 5-Reel, 25 payline Mega Moolah pokie. This is THE progressive pokie which holds the record for the biggest payout ever, when it paid out a staggering $27 mill to a British soldier. Because progressive jackpot sizes depend on the size of the game’s network, Mega Moolah has grown to be one of the biggest jackpots slots online thanks to availability in so many online casinos.
As discussed above – a progressive jackpots size will depend on the size of the network that runs that particular pokie – and with Microgaming’s considerable standing in the online casino world this Progressive Pokie has grown to be one of the largest jackpot pokies around.
This pokie is entertainment at its best and with 4 Progressives to play for its best you load up the bank and prepare for a crazy ride through the jungle.
Similar name, similar concept but this beauty is provided by the NetEnt guys and this luxurious feeling Progressive pokie has a lot going for it. Not only is it a fairly simple game to understand it has many features that will keep you happily placing those bets for many hours. This too is a 5-Reel slot with 25 paylines and features images of champagne glasses, limousines and plenty of moolah.
There are the popular wild symbols, bonus symbol, free spins and 3 Progressive Jackpots to aim for: Mega Jackpot, Major Jackpot and Rapid Jackpot. This pokie has a theoretical RTP of 96.6%, add to that all the various ways in which you can win and you have one very attractive game!
Glossary of Terms
Bonus Slots – Type of slot machine that has an additional bonus feature . Usually takes the form of bonus free spins.
Coin Size – Size of a bet on a single spin.
Max Bet – The coin size of a slot does not mean you can’t bet more than that. The max bet is the most you can wager on a particular machine.
Payline – These are the winning lines on the slot machine. Match your pay-line to the pay schedule to see how much you have won.
Payout – When you make a winning combination the amount you win is called the payout.
Pay Schedule – This is the chart that shows how much you have won for the combination in the pay line. Shows how much can be won for any given combination
Random Number Generator – This is the computer software which generates the random symbols in the slot.
Reels – These are the wheels that spin around and form the various combinations of symbols
Symbols – The pictures on the reels which form the combinations used to determine whether you win or not.
High Volatility – One way to identify high volatility slots is to look at the size of the jackpot. The higher the volatility the higher the jackpot will be
‘Hot’ Machine – At any moment a hot machine is likely to give a payout. For example where the slot is nearing the boiling point.
Jackpot– The maximum amount that can be won at the slot.
Progressive Jackpot – Jackpot which increases incrementally the longer you play. The casino takes a portion of your wager and adds it to the pool