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Online Jackpot Slots Guide- What Are They And How Do They Work?

Online Jackpot Slots Guide- What Are They And How Do They Work?

Gone are the days when a gambler had to step into a casino and place his bet. Also, the casinos were limited to a particular state or city. As laws changed and online casinos and live casinos became popular, more people are ready to try their luck. However, among the online roulette, online blackjack, poker, and other games, one thing hasn’t changed at all, and that’s the love for jackpot slots.

Everyone dreams of placing a bet and getting a jackpot that will change their lives. In this era of mobile casinos, anyone can place a bet on a jackpot slot and earn big money. So, if you have little or no idea about online jackpot slots, this guide will come in handy.

What Is A Jackpot Slot?

In brick-and-mortar casinos, you can see the slot machines, put in a coin, and the reels start running. The jackpot prize is the biggest potential prize one can get. It’s already mentioned when you place your bet.

Jackpot slots work the same as offline slots. You can place the bet in the same manner in an online casino. But before you place your bet, learn about the different types of jackpot slots.

Types Of Jackpot Slots

These are the different types of jackpot slots you must know about before you start playing.

Local Jackpots

As its name suggests, it is a local jackpot, limited to the casino where it is placed. The players who are registered with the casino place their bets, and the prize pool consists of their bets only. Thus, it is a smaller-sized jackpot. As people continue to place bets, the amount of prize money increases. And usually, there is no minimum bet. 

All the real money spins make up for the prize money. Every casino has different policies and terms for playing local jackpot slots. 

Online Jackpot Slots Guide- What Are They And How Do They Work?

Progressive Jackpots

The name is pretty clarifying that a progressive jackpot slot is one where the prize money keeps increasing as you play. These jackpot slots are prevalent in both offline casinos and mobile casinos. First, they offer prize money in millions as they are spanned across a vast network of slot machines. Second, the increment factor that lures in more players, ultimately contributing more to the prize money. You need to bet a minimum stake and then spin your reels. Some machines increase our odds if you place a maximum wager amount. But it is risky. So, read the game’s instructions carefully before you play. Mega Fortune, The Dark Knight Rises, Arabian Nights, etc., are some popular progressive jackpots.

Pooled Jackpot Slots

The prize money in a pooled jackpot slot is bigger as many operators pool their jackpot. As the players keep betting money on the slots, a percentage of it is sent to the game provider, adding it to the lot. When a player hits the jackpot, the game provider transfers the money to the casino, where the bet was placed. So, in the shared pool, the game provider holds the reins and is safe for all the parties. Try Mega Fortune by NetEnt. Players love it.

Fixed Jackpot Slots

A fixed Jackpot slot is one for which the prize money is fixed. The prize money is always the same, and it does not grow, no matter how many players place their bets. But these are of two types. In one case, the prize money is fixed as per your bet. In another case, there is a permanent cash prize which does not differ at all, no matter your bet size.

If you are wondering whether fixed jackpots are good or not, these are better rewarding. How? In the case of a progressive jackpot, if you place the minimum bet, the chances are that you will hit a prize x5, x10, or x100 times, but in the case of a fixed jackpot, you always get the prize money that is fixed.  If you are not looking for a sum of millions as prize money, fixed jackpot slots are good. Gold Egypt and Ling Chang are some popular fixed jackpot slots.

Multiple Jackpot Slots

It is simple. When you have got chances to get more than one jackpot in a single game, it is called multiple jackpot slots. These multiple jackpots are triggered when you play the bonus game. So, when you spin the bonus rounds, the additional jackpot is triggered. But the jackpot can be triggered randomly. You never know when the jackpot Is going to be triggered. In the world of online casinos, Mega Moolah is the most popular as it offers four jackpots.   

Things To Keep In Mind Before Playing Slots

  • Many people think that if they play on a weekend, they will get big prize money as more people bet on them these days. But it does not impact your chances of getting the jackpot.
  • Only place an amount for the bet which you are willing to lose. It is advised to go with free promotions first.
  • It does not matter if you are playing at an offline casino or online casino. It does not change your odds.
  • If you bet the maximum stake, the chances are more.
  • Play a game only if it pays 95% or more RTP.
  • It is only a game, so don’t waste hours and money on it. Yes, it can pay you the cash for a lifetime, but remember that the chances are always slim.

Final Thoughts

Jackpot slots involve money. Thus, you must play responsibly. Equip yourself with the required knowledge first, and then hit the slots machine. The future of mobile casinos has excellent prospects with changing dimensions of the industry. Before placing the bet, go through the article where all different jackpot slots have been discussed and learn how they work. Keep the tips in mind and play a safe game.