If you’ve ever been to a casino or heard a TV commercial, you’ve probably heard of the term jackpot . What is this, in short? It’s the biggest prize an online slot player can win. The value of this win is very high, compared to the initial stake. This element makes the online slots that also offer jackpots much more attractive among players.
Progressive jackpot at online slots
While fixed jackpots have a pre-set value, on each spin, progressive jackpots are never the same. Every time a player spins the reels, in any online casino that offers that game, a small particle of his stake reaches the bottom of the jackpot. Everyone who plays that game, no matter which casino they play at, has the chance to win their progressive jackpot. It is true that we are talking about a rather fierce competition, but this is even more attractive, because the amount of potential winnings will grow faster.
The mechanism is very simple: with each spin made in this game, the jackpot increases in direct proportion to the stake. Where the trap is , you’re probably wondering. Well, there’s no trap. The good part is that there is no upper limit on how much this jackpot can increase. There were prizes of over 8m euros in such progressive jackpots. Hence the fundamental difference, but the volume that a progressive jackpot can reach, compared to a fixed one. Once the progressive jackpot has been won by a happy player, everything remains and the process starts from scratch.
In general, among the regulars of online casinos, the players who love these progressive jackpots are those with an “all or nothing” mentality. Given the rather low probability of winning such a jackpot, we can talk about a chance and a potential win that can change anyone’s life.
We were about to forget, but Igor the Adviser reminded us that in games that offer a progressive jackpot, you will have to play on all paylines in order to have a chance to win. When discounting such a win, players generally choose to play on the minimum stake on all paylines, in order to have as many chances as possible.
Players love these types of jackpots for one reason, big and wide: their value, which can reach millions of euros. This type of jackpot does not appear exclusively at slots, but it can be found at some casinos and table games.
Fixed jackpot at online slots
They are also known as flat or standalone jackpots. These online slot slots can bring great satisfaction to players. It should be noted that the value of these jackpots will be the same, regardless of the number of players playing that slot and the volume of their bets. This jackpot will not be reset after it is won and the value will remain the same, in case of a win, each time.
These fixed jackpots are, in principle, smaller than the progressive ones we discussed earlier, given that they do not increase with the volume of players’ stakes. Precisely because of this they appear with a much higher frequency.
This kind of online slots with fixed jackpots are more attractive for players looking for constant, smaller and more frequent winnings. And here, a good tactic is to “stretch” your budget as much as possible, in order to have as high chances as possible to hit the jackpot.
Our vampire in the castle wants to emphasize that you have to take into account the value of the stake, because the lower it will be, the lower the jackpot payout, given that we are talking about a multiplier principle for this type of jackpot. Betting on minimum stakes will bring with it a minimum jackpot value, if so.
But that shouldn’t discourage you, on the contrary. Every time you decide to test a slot that has a fixed jackpot, we suggest you open the paytable and check the degree of multiplication of this jackpot. The value varies from game to game and you would be surprised to see what beautiful surprises can await you.
Many online casino players appreciate this style of jackpot because it gives you the chance to measure the value of the possible jackpot with your own hand. The higher the stake on each payline, the higher the value of this jackpot, even above what is mentioned in the paytable. How cool!