Everything You Need to Know about Online Casino Jackpots

Everything You Need to Know about Online Casino Jackpots

The world of online casinos is thrilling, jam-packed with a wide array of slots that offer players the allure of huge payouts which could turn them into instant millionaires. Every punter or casino player’s dream is to hit the jackpot, and this is what entices one to keep coming back for more. Choosing the right games and a bit of luck is what you can bank on to hit the jackpot. Nevertheless, here is a quick guide to give you all the 411 you need on Online Casino Jackpots.

What is an Online Casino Jackpot?

A Jackpot is a remarkably big win which you can win in some games in an online casino. Winning a jackpot is rare, but when a player does, it is quite a hefty amount of money. The majority of jackpots are online slots. Still, you could find jackpots in other games such as video poker, roulette or even Blackjack. There are different types of jackpots in an online casino. There are the regular jackpots and progressive jackpots, the latter being the most common.

Regular Jackpots

Regular jackpots, also termed non-progressive jackpots have a set or predetermined value attached to them. They have a fixed number of coins that you could win on one spin. The only way you could boost your chance of winning is by raising your bet size either by maximizing the value of your coins or by getting additional paylines.

Progressive Jackpots

According to Wikipedia, a progressive jackpot is a payout that increases each time a punter plays the game but does not win the jackpot. Every time a player spins the reels, the amount of the jackpot increases if the player does not succeed. Progressive jackpots are the most sought after in online casinos as they offer the most massive payouts in any casino game. Progressive jackpots are incredibly rare to win. The reason the jackpots are astonishingly high is the fact that they can take months to tribe won. Consequently, every time a player plays, the jackpot rises.

Types of Online Progressive Jackpots

Stand-alone Progressive Jackpots

These are progressive jackpot games that have no connection to any other game in the casino. Punters playing the game within the casino contribute to the jackpot meaning that it offers a much smaller amount to be won.

Linked Progressive Jackpots

Also known as In-House or Proprietary Progressive, they are an upgrade from the Stand Alone progressives. Inhouse progressive games involve jackpots from several games linked together within the specific casino.

Network Progressive Jackpots

They are commonly known as Wide Area Network Progressives as they are linked across a network. This particular type is the most common jackpot. They are available across multiple casinos, and every player is playing for the same amount.

How do Online Casino Jackpots work?

If you want to play in a progressive jackpot, you will first need to find a great online casino. Numerous detailed reviews on online casinos will guide you on the best casinos in the market. Sign up and deposit the amount you have set as your bankroll. Look out for the “Progressive Jackpot” tab and select the game that you find best suited for you, which could also be the game with the highest jackpot.

It is important to note that games have different ways in which you can win a jackpot. In slots, for example, you need to match some special symbols on the reels whereas, in BlackJack, you need to form a specific card combination in your hand to win. Carry out your due diligence and read through the rules for each game before you start playing.

What happens when you do all this and hit the jackpot? The online casino does not do the payout. So you need not worry about the stringent withdrawal restrictions that are in place. The game producers or the Software providers like Microgaming or NetEnt process the payouts

Advantages of progressive online casino jackpots

• One most obvious benefit of playing the Progressive Jackpot is the opportunity to win a life-changing amount of money while you enjoy playing your favourite game.
• There is no need to play any large bets every time to increase your chances of winning the jackpot. Wager an affordable amount. No matter the size of the amount, it will go into contributing to the increment of the jackpot.
• There is no damage to your bankroll.
• The Progressive Jackpot games are exciting and offer a more thrilling experience as you anticipate hitting the jackpot.
• You can play the online casino jackpot at any time of day depending on your schedule. They are open round the clock, and you can win at any time.

Hitting the jackpot is admittedly a rare occurrence, but when you do, you could change your life’s trajectory entirely just from one winning spin.