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Progressive slot jackpot

We’ve all seen the movie, heard the stories, read the book. A normal day at the casino. The hum of anticipation in the background. The dealers calling to the players. Lights and music from the slots. The clink of coins going into the machine or spilling into the coin tray.

When all of a sudden – pandemonium. Strobes going off. Sirens. People yelling. And over it all rises a single voice, shocked, disbelieving, shouting…

“I’ve won!”

This is the casino dream. This is the moment that you go from being a player to becoming THE WINNER.

A cliché? A little embellishment to entice punters to gamble? An unreachable dream?

Not if you’re playing progressive slots.

Progressive slots jackpots

Progressive slots are the biggest potential legendary jackpot games available – apart from national lotteries. And they work very similarly to lotteries. The more players, the bigger the pool, the bigger the jackpot.

There are three different forms of progressive slots: standalone progressive, local progressive and wide area progressive. Each works in the same way with the difference being the size of the available player pool.

Progressive slots, like the lottery, work by taking a percentage of the money wagered by players and putting it in to a jackpot pool. The more players, the more money goes into the pool, the bigger the jackpot.

For standalone progressives, the jackpot is tied to one particular game or machine. In a land-based casino, this limits the number of players and so limits the amount going into the pool. Online casinos can have multiple players playing on the same game, making the jackpot that much bigger.

jackpot

In local progressive slots, a number of machines and games in one casino (land-based or online) are linked. Every time someone plays on the qualifying games or machines, the total jackpot grows, making for a very lucrative payday when someone hits the right lines.

Wide area progressives, tough, are where the real money’s at. These progressive slots are linked across games and machines, across different casinos and even across continents. And, boy, can you win.

Picture a slots game where ten people are playing. Every time they spin the reels, R1 goes into the jackpot pool. Now picture ten thousand people all playing a slots game. Every time they spin the reels R1 goes into the jackpot pool. Can you see the numbers on the jackpot meter spinning?

Keep an open mind

As gamblers, we are always looking at or hearing about high stakes poker tournaments where a sunglasses-wearing Hold’em cowboy walks away with a million dollars, or a baccarat game where dressed-to-the-nines high society is gathered around a player as he takes on the dealer for a million Euros a hand.

But when you look at the truly staggering jackpots that have been won on progressive slot machines, you get a different understanding of why slots are so popular.

There are some progressive slots games that have achieved almost mythical status in the community. And the most mythical of them all is Mega Moolah. Mega Moolah has generated not one, not two but multiple mega-million-dollar jackpots. In fact, Mega Moolah is in the Guinness Book of Records for the largest single jackpot won on any online slot game in Internet history when Jonathon Heywood walked away with £13.2 million! The current estimate of Mega Moolah payouts is sitting in the region of $1.1 BILLION!

Be aware

There is, however, a huge ‘be aware’. With great jackpots comes great risks. With the huge amount of people playing for the huge jackpots, you are competing against thousands and your odds get smaller the more popular the game is.

But we can all dream, can’t we?

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