How Many Different Types Of Progressive Jackpots Are There?
Progressive jackpots are one of the most popular types of online slots. It is easy to see why so many players enjoy playing progressive jackpots. Of course, the prize, i.e. the potential jackpot win is the main motivation for most. Even if the odds of winning progressive jackpot prizes are low, every player who actually plays dreams of hitting the progressive jackpot. The progressive jackpot amount can grow up to over a million, or more. There are many different jackpots, so how many different types of progressive jackpots are there, is the next logical question.
If that is the question that puzzles you, you’re at the right place, we will give you a detailed overview of the different types of progressive jackpots and we will say a few more things on this type of games. Nowadays, when we talk of progressive jackpot games, we usually mean the games with jackpot prizes that exceed £1 million, although it is worth noting that there are jackpot games where the prizes can exceed £10 million. Let’s see now how many different types of progressive jackpots are there.
Different Types Of Progressive Games And Their Characteristics
Let’s have a look at the types of progressive games before going on to explore different specific examples of popular progressive jackpot games. Many of these games are available at our casinos, and you’ll probably be interested to find out which are the online progressive jackpot games that have paid out the highest amounts. Let us tell you, that there have been more than few instances where a player has won more than £10 million, as well as plenty of other major jackpot prizes.
Land-Based Progressive Slot Machines
Progressive slot games have existed since a long time ago and there are still available at plenty land-based casinos. The jackpot amount depends on the casino, so for instance you can expect higher progressive prizes at Las Vegas casinos, or another gambling mecca, as opposed to your local land-based casino.
The progressive games that are placed in land-based casinos can be standalone progressive jackpots. These games are not linked to any other slot machines and the prize can be won only on that respective slot machine. This games usually come with a fixed prize and then a percentage of each wager is added to the progressive jackpot pool.
These prizes are usually awarded when you hit the highest paying combination on the game, so it is not a separate jackpot that’s randomly triggered which is often the case with other types of progressive jackpots.
In addition to standalone progressive jackpot games, there are also in-house, also known as proprietary progressive jackpot prizes. In this case the jackpot prize is tied to a network of slot machines located in the same land-based casino and the prize can be hit on any of the slot machines that are part of the network. Every wager on any of the machines that are part of the network is calculated towards the jackpot, i.e. a fraction of each wager is added to the jackpot pool.
How Many Different Types Of Progressive Jackpots Are There Online
Online progressive jackpots are rarely standalone, but they can be in-house, i.e. there are cases when a certain online jackpot is available only at a particular online casino, or a group of sister sites. In this case, every wager on the same game at one of the casinos contributes towards the jackpot.
Let us look at the two most popular types of online progressive games – Random progressive slots and Wide area progressive slots.
Random Progressive Slots
These are games that usually feature not just one, but at least two, or sometimes up to four progressive jackpot prizes that are awarded randomly. Understandably, it is a lot more likely to hit one of the lower prizes, as opposed to the major jackpot. This type of games is becoming increasingly popular and currently there are plenty such slots, even though we have to say they are not as popular as the wide area progressives.
Wide Area Progressive Slots
These games are usually owned and produced by slot development companies and they offer them to a range of partner casinos. These are the most popular progressive games, since they feature the top jackpot prizes. As we mentioned above, progressive jackpot prizes can grow up to £10 million or even more, and these are the games where you can hope to win such prizes.
As we said, these games are offered a multiple casino sites, and players who make wagers contribute towards the jackpot prizes, regardless at which online casino they’re playing the game. The jackpot prize pool is separate from the funds of each individual casino that offers the game, so if you win the prize at a certain casino, the game provider that developed the game will pay out the prize, whereas if you win a standard in game prize, it will be paid out by the casino operator.
Top Progressive Jackpot Games
Now that you know how many different types of progressive jackpots are there, we can have a look at the most popular progressive slots. Many of the top progressive games are featured on SlotsWise, i.e. at our partner casinos, so if you’re looking to play progressive games, have a look at our featured sites, choose one and play your preferred progressive jackpot games.
Mega Fortune
This is a game with five reels and 25 paylines. This is a NetEnt game, so you can play it a range of online casinos that offer NetEnt games. Mega Fortune comes with three progressive jackpots – including a mega jackpot, a major jackpot and a rapid jackpot. The game features an RTP of 96.60%, which is quite unusual for a progressive game.
Mega Moolah
This is a Microgaming game, so, as you can see some of the most popular online progressive games have been produced by the largest and most renowned online slots developers – NetEnt and Microgaming.