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Contents 1. The history of progressive jackpots 2. Introduction 3. What is progressive jackpot? Progressive payouts 5.

The best progressive jackpot games 6. Progressive jackpot software providers 7. Progressive jackpot strategies 8. Some facts and myths about progressives.

Introduction While playing at any casino game, either online or at a land based site, can bring big rewards, the quickest way to a potential fortune is to play a progressive jackpot game.

With hundreds of online casinos, each with thousands of players, progressive jackpot machines have become some of the biggest attractions, and as well as slots games, you can now find progressive Poker, Blackjack, Video Poker and more, although slots remain the most widespread titles.

Progressive payouts When the jackpot is struck, the lucky player is actually paid by the game developer, not the casino, although the funds will be credited to their casino account.

It's normal practice for the prize to be paid out in one go, although in some cases it is paid out in instalments, and depending on where the winner lives, there may be taxes to pay on the prize.

The best progressive jackpot games. Which progressive jackpot to play is largely a matter of personal preference.

You could play one where the prize is awarded instantly, at random, or choose a game where a bonus game can lead to the big payout. There is of course, the option to play either online or at a land based casino and gambling centres as Las Vegas, Monaco and Monte Carlo also have some massive progressive prizes that can be won by holiday-makers looking to return home with a fortune.

Microgaming, Net Ent, Novomatic and Playtech are all examples of software developers who devise and supply the games that are then licensed for use by the various online casinos.

Generally speaking, a casino will carry games exclusively from one or two suppliers, although some of the bigger operators will divide their casinos into different sections, with a unique supplier for each.

Each supplier will have their own licensing arrangements, which can affect which casinos can use their software, as many countries, notably the USA, severely restrict online gambling and only a few developers can legally allow US residents to play their games.

There are still a number of progressive jackpot slots like Aztecs' Millions from Real Time Gaming that are available to American players, but in Europe and much of Asia, including Australia, most countries allow their citizens to play games from the majority of suppliers.

Progressive jackpot strategies The main strategy to follow when aiming for a progressive jackpot win is to 'Bet Max', i. This is often a pre-requisite for claiming the jackpot, so check before playing, as it will be very frustrating to hit the jackpot winning combination but only get a fraction of the prize as you have not staked enough per spin.

Facts: The more players use a game, the bigger the jackpot will be. Playing all lines will improve your winning chances.

You will usually find that all lines will need to be played to win a jackpot, but even if this is not the case, you will win on average twice as often playing 20 lines, for example, than you would when playing Progressive jackpots are always hit at the newest online casinos.

In truth, it is completely random, and the prize could be at the oldest site, or one that opened yesterday, but the more customer a casino has, the greater the odds of the jackpot being claimed by one of their players.

You can hit a progressive jackpot using a gambling system. There are many betting systems offered to unwary players, most of which are variations on old themes, like doubling the size of the bet after each loss.

No system will work long-term at a casino, and trying to win a progressive this way is not recommended. Other Articles:.

A player hit this jackpot on Nov. Ordinarily, these slots would not be among the most popular on any site. However, the linked progressive has made them all crowd favorites, particularly when the jackpot grows above seven figures.

These two combine to continually offer one of the largest progressive jackpot slots on the market. Slots are a game of luck, not skill.

Therefore, there is no strategy players can employ to help them win a progressive jackpot. The odds are stacked against you in a big way.

That said, you also have to put yourself in position to get lucky. When it comes to progressive jackpot slots, that means making the maximum bet.

You should probably be betting the max on all online slots. This is particularly true when it comes to playing online slots with a progressive jackpot.

You simply have to play the maximum credits allowed to get access to the most paylines , bonus games , and the progressive jackpot.

That money in the jackpot has to come from somewhere. Mindlessly spinning away making maximum bets on a progressive jackpot slot can prove costly over time.

Online gamblers should always set a limit of how much they can afford to lose in a particular session and stick to it.

Applying this kind of common sense to managing your gambling bankroll can definitely help you limit your losses.

Plus, that will make sure you can stay in the game long enough for you to get lucky. Show some discipline. Do not chase your losses, and perhaps things will turn around when you return to play another day.

Progressive jackpot slots remain among the most popular games at New Jersey online gambling sites.

As such, they are usually pretty easy to find. The online casinos often place links to these slots front and center on the website.

They have also been known to prominently display the jackpot size. Thumbnail links to online slots almost always have the progressive jackpot amount listed right on top.

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Therefore, there is no strategy players can employ to help them win a progressive jackpot. The odds are stacked against you in a big way.

That said, you also have to put yourself in position to get lucky. When it comes to progressive jackpot slots, that means making the maximum bet.

You should probably be betting the max on all online slots. This is particularly true when it comes to playing online slots with a progressive jackpot.

You simply have to play the maximum credits allowed to get access to the most paylines , bonus games , and the progressive jackpot. That money in the jackpot has to come from somewhere.

Mindlessly spinning away making maximum bets on a progressive jackpot slot can prove costly over time.

Online gamblers should always set a limit of how much they can afford to lose in a particular session and stick to it.

Applying this kind of common sense to managing your gambling bankroll can definitely help you limit your losses.

Plus, that will make sure you can stay in the game long enough for you to get lucky. Show some discipline.

Do not chase your losses, and perhaps things will turn around when you return to play another day. Progressive jackpot slots remain among the most popular games at New Jersey online gambling sites.

As such, they are usually pretty easy to find. The online casinos often place links to these slots front and center on the website.

If the jackpot is "reset" to this amount each time it is won then in essence the house is not providing any "seed money" for the jackpot since the minimum that can be won in such a case would simply be the amount the player would normally be awarded for the jackpot-winning combination.

A variation of the standard progressive jackpot is the "must-hit-by" jackpot, which has substantial differences compared to traditional jackpots.

The jackpot pays on the wager that causes the jackpot to reach or exceed the threshold, with the maximum value within this range being the "must-hit-by" amount.

Often such jackpots encompass a variety of games, with each game contributing a small percentage of wagers to the jackpot. Thus, these jackpots are often billed as "mystery jackpots" since the conditions that cause them to be paid do not depend on achieving any specific result in the main game.

Furthermore, it is not usually necessary to bet the maximum amount possible or, often, to even bet any minimal amount above the minimum wager allowed by the software in order to win a "mystery jackpot" - although since it is a percentage of each wager that goes into the jackpot the odds of winning on a particular spin are usually in proportion to the amount of the bet.

Or, to put it another way, one spin for twenty dollars would have the same odds of winning the mystery jackpot as twenty spins for one dollar each would, and also the same odds of winning the jackpot as would four hundred spins for five cents each.

Often, such games have several "mystery jackpots" that usually differ by at least an order of magnitude both in terms of magnitude and frequency of payout, which can ensure that jackpots are seen to be won frequently often, many times per day in the case of relatively small jackpots.

From the house perspective, a key financial consideration of such jackpots is that the portion of players' wagers directed to the jackpot are, in essence, only funding the portion of the jackpot within its specified "range.

If the random number generator gives each value within the jackpot "range" an equal chance of being the "winning" value then under these conditions "seed money" from the house would likely account for over half of the jackpot's total funding, for which the house would presumably need to compensate by increasing the house edge of the main game.

To counteract this issue and increase the average amount wagered before each jackpot is won, the mathematical formula used to calculate each jackpot is often skewed in such a way that makes it likely the actual average and median jackpots will be well above the average of the published minimum and maximum values.

In some games such as video poker , blackjack , or Caribbean stud poker , it is possible to compute an optimal playing strategy based on the average payoff the amount of payoff times the chance of payoff.

When the progressive jackpot is less than the break-even point, there is a negative expected value house edge for all players.

In the long run, with optimal strategy, a player can profit by only playing progressive games when their jackpots are above the break-even point, although the "long run" can be quite long, tens of thousands of plays.

The break-even point cannot be easily calculated on a slot machine game, because the payback percentage for the game is normally unknown to the player.

The break-even point in poker-based games can be calculated because the payback percentage for the game is a function of the paybacks and odds of the poker hands, which is based on a standard card deck.

The return of a slot machine is based on the published paytable, but also on the normally unpublished reels. For a five-reel slot machine, the player would need to know each symbol on each of the slot machine's five reels in order to calculate the odds.

For a three-reel slot, the reels are normally weighted, and this would not be possible. However, in some circumstances the manufacturer may publish the payout of their machines.

Many online casinos allow the same game to be played in multiple currencies, in which case the break-even point and average return to player can change depending on the player's currency choice.

This is because the jackpot amount may be converted between currencies so that the same amount is paid out to the winner no matter their currency choice, but the wager required to qualify for the jackpot is not.

In such cases, it is beneficial for the player to play in dollars, as the qualifying wager is a smaller proportion of the jackpot. Thus the break-even point will always be lower and the return to player will always be higher while betting dollars.

Advantage players , who only play when the progressive jackpot provides them with a positive expectation situation, still generate revenue for the casino.

The best progressive jackpot games. Which progressive jackpot to play is largely a matter of personal preference. You could play one where the prize is awarded instantly, at random, or choose a game where a bonus game can lead to the big payout.

There is of course, the option to play either online or at a land based casino and gambling centres as Las Vegas, Monaco and Monte Carlo also have some massive progressive prizes that can be won by holiday-makers looking to return home with a fortune.

Microgaming, Net Ent, Novomatic and Playtech are all examples of software developers who devise and supply the games that are then licensed for use by the various online casinos.

Generally speaking, a casino will carry games exclusively from one or two suppliers, although some of the bigger operators will divide their casinos into different sections, with a unique supplier for each.

Each supplier will have their own licensing arrangements, which can affect which casinos can use their software, as many countries, notably the USA, severely restrict online gambling and only a few developers can legally allow US residents to play their games.

There are still a number of progressive jackpot slots like Aztecs' Millions from Real Time Gaming that are available to American players, but in Europe and much of Asia, including Australia, most countries allow their citizens to play games from the majority of suppliers.

Progressive jackpot strategies The main strategy to follow when aiming for a progressive jackpot win is to 'Bet Max', i. This is often a pre-requisite for claiming the jackpot, so check before playing, as it will be very frustrating to hit the jackpot winning combination but only get a fraction of the prize as you have not staked enough per spin.

Facts: The more players use a game, the bigger the jackpot will be. Playing all lines will improve your winning chances.

You will usually find that all lines will need to be played to win a jackpot, but even if this is not the case, you will win on average twice as often playing 20 lines, for example, than you would when playing Progressive jackpots are always hit at the newest online casinos.

In truth, it is completely random, and the prize could be at the oldest site, or one that opened yesterday, but the more customer a casino has, the greater the odds of the jackpot being claimed by one of their players.

You can hit a progressive jackpot using a gambling system. There are many betting systems offered to unwary players, most of which are variations on old themes, like doubling the size of the bet after each loss.

No system will work long-term at a casino, and trying to win a progressive this way is not recommended.

Other Articles:. Play responsibly. If you didn't hit the jackpot, maybe check this lucky snapshot.

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