The Best Progressive Jackpot Slots Online
Gambling and slots enthusiasts love playing progressive slots because of the potential to win huge payouts. Playing progressive slots is one of the most exciting and fun ways to gamble online. You hear about people winning massive jackpots in the news, mostly as a result of progressive slots. So why not give it a try? You never know if the next spin will make you a millionaire. At highlimitslots.net, we have compiled a list of the progressive slots with the biggest jackpots and the best odds for you to win. This list was carefully constructed by our industry professionals and gambling experts – giving you the greatest chances to not only win, but win BIG.
Below you can find a list of online casinos with the best progressive jackpot slot machines:
What Are Online Progressive Jackpot Slots?
Online progressive slot machines are similar to traditional progressive machines. The difference – online progressive slot machines are linked across several online casino venues. Every time someone plays a progressive slot machine at a linked casino, the jackpot increases. Often times, there is no limit to how high the jackpot can go. The jackpot will continue to increase until a lucky player hits it. Every online progressive jackpot slot has a jackpot meter/counter which shows the current jackpot amount. You can watch the jackpot grow in real-time, making each spin more exciting than the previous.
Progressive Jackpot Rules
The rules for online progressive jackpot slots vary from both game to game and casino to casino. For this reason, it is recommended that you evaluate each game in “free play” mode before playing with real money. Evaluating a slot game is important and will prevent frustration and disappointment in your gambling experience. Once you have found your favorite game and understand all of its features and functionality, you are ready for your REAL chance to win. On many online progressive jackpot slot machines, you must bet the maximum number of credits for a chance to win the jackpot.
Once a lucky player hits a progressive jackpot, the jackpot is reset to a base level determined by the game/casino. Even the base level can be a substantial payout. Don’t worry if the progressive jackpot is hit while you are playing, for several reasons. First, the outcome of a progressive slot machine is governed by a RNG (random number generator). This means subsequent outcomes are not affected by previous outcomes. You are just as likely to win the jackpot on your next spin! Second, progressive jackpots grow quickly. There are hundreds of thousands of players at online casinos. During peak hours of play, a progressive jackpot can rapidly increase. Third, many progressive jackpot slots have a pay table which allows players to still win giant payouts without hitting the jackpot.
Below are the current progressive jackpot amounts for some of the biggest payout online progressive slot machines:
How Do You Win a Progressive Jackpot?
There is no method, strategy, or system to increase your odds of winning both an online or traditional progressive jackpot. The chances of winning a progressive jackpot are similar to winning the lottery. This means the only way to increase your chance of winning is to produce more outcomes (or similarly with the lottery, buy more tickets).
One important thing to remember when playing progressive jackpot slots is the gambler’s fallacy – your chances of winning don’t become “due” or in your favor after a period of losing. The odds of winning a progressive jackpot are very small, regardless of the size of the jackpot. In certain cases, the jackpot can grow large enough to create a positive expectation value. For example, suppose a one dollar maximum bet progressive slot machine has one in a million odds for winning the progressive jackpot. If the jackpot were to surpass $1,000,000, it would be statistically profitable for a player to take their chances with one million bets to attempt to hit the jackpot. Unfortunately, this scenario is not practical.
Progressive Jackpot Winners
Over the years, there have been a ton of online progressive jackpot winners – enough to fill an entire book. Perhaps one of the biggest online progressive jackpot winners was a Finnish man who wagered 25 cents to win about $24,000,000 in January 2013. Another UK player wagered 25 pence to win approximately $17,000,000 in October 2015. Finally, a man from Norway broke the Guinness World Record in September 2011 for the largest online slots jackpot payout ever (winning €17,736,375).
Progressive Jackpot Payout Policies
It is important to examine an online casinos payout policy regarding progressive jackpots. Many casinos limit payout to an amount delivered monthly rather than an immediate, full amount payout. In a casino’s terms and conditions, you may find a policy that states “the maximum withdrawal amount per month is $10,000”, or something to that effect. Fortunately, some casinos do not apply such limits to progressive jackpot winnings, although most do.
These policies are often problematic for a progressive jackpot winner. How do you know the casino will be in business long enough to payout the full jackpot amount? What will happen if the casino disappears with my money? Unfortunately, these situations have arisen before, so it is important to analyze the terms and conditions of each online casino BEFORE playing with real money. The last thing a jackpot winner needs is their winnings locked up for decades. Luckily, the professionals at highlimitslots.net regularly review the terms and conditions of many online casinos. We publicize any shady or unfair policies to players – ensuring you decide on a casino with your best interest in mind, not theirs. We also only recommend casinos with a history of fair and honest practices.
Have Fun Playing Progressive Jackpot Slots
Everybody loves winning, especially winning a big slot payout. While winning, particularly with progressive slots, is idea; remember to have fun and enjoy the experience. Playing online progressive slots is incredibly exciting. The ability to jump right in to your favorite game at your convenience is what makes online progressive slots one of the most fun gambling experiences available. So, give it a spin! You never know if the next spin will make you a millionaire!