What Are Progressive Jackpot Slots?

Pros and Cons of Progressive Slots

The obvious advantage of playing progressive slots is the chance to become a millionaire or even multimillionaire overnight. One day, you might wake up as a millionaire just because yesterday you’ve played a progressive jackpot slot and you’ve hit the jackpot prize!

However, there’s a catch. Progressive slots are highly volatile. You’d have to invest a lot, be patient and only then expect to hit it. But even that’s not a guarantee that you’d win. You’d need to trigger a feature or wait to hit it at random, depending on the rules of the game.

The truth is, your experience playing progressive jackpot slots can either be the most disastrous or the most fortunate ever. It can go to such extremes, really. Because, if you keep on investing and nothing happens, you’d really lose a lot of money. However, should you win it, you won’t have to work for the rest of your life… neither your family, for that matter. It’s a hot and cold situation here, so it’s up to you, truly.

Types of Progressive Jackpots

We concluded that progressive slots are those that offer progressive jackpots in addition to the standard features. There are actually three types of progressive jackpots:

• Wide Area Progressives

linked to a variety of slots in many different online casinos

• In-House Progressives

linked to a variety of slots in a single online casino

• Standalone

not linked to other slots nor other online casinos

Usually, the most frequent type of a progressive jackpot you’ll find in the most popular progressive slots is the Wide Area jackpot. This is because people all around the world can join the slot at the same time, bet and contribute to the jackpot’s prize pool and generate multimillions in prizes.

When to Play to Win the Progressive Jackpot Prize?

To hit the jackpot in some progressives, you’ll need to land specific symbols. In others, the jackpot is triggered at random. However, there are those which feature guaranteed jackpots, meaning, no matter what, you’ll win a huge prize. Statistics say that those slots where you can trigger the jackpot at random are the best. Former winners claim that winning such a prize was the sweetest experience since for bets as small as $0.50 they’ve hit the jackpot and become millionaires.

Also, check the last time someone hit the jackpot. Usually, these jackpots pay when they reach a certain amount, a limit. For instance, if the jackpot has a $3 million limit, and hasn’t paid out yet, play it when the jackpot reaches, say $2.5 million.