You will find all kinds of games at online casinos. Blackjack, roulette, poker – you name it. But few of them have the same draw as Slothino jackpot slots. After all, when it comes to winning big, nothing comes close to these prizes. It’s not uncommon to see players scoring wins in the six or even seven-figure ranges. But have you ever wondered how exactly do jackpot slots work? How much money can you win on them? Well, look no further – Slothino Casino has the guide to jackpot slots you’ve been looking for. We bring everything you need to know about these games.
What is a Jackpot Slot?
First things first. Before taking an in-depth look into jackpot slots, we need to know what exactly is a jackpot slot. As you know it, online slots have all kinds of different rules and features. Classic slots, modern video slots, 3-reel slots, 5-reel slots, you name it – there is no shortage of online slots out there. Jackpot slots are another online slot variation. These games offer an additional big prize besides the regular winning combinations. A jackpot prize is awarded whenever a player achieves the requirements for it.
In some cases, the jackpot requires you to line up specific symbols. When that happens, the game displays a message to confirm it. However, in other cases, the jackpot doesn’t even require a winning combination at all. Instead, the slot awards a jackpot randomly at the end of a round, whether the player scored a win or not.
How Much Do Jackpot Slots Pay?
It all depends on which game you picked. Each jackpot slot has its own prizes. But, for the most part, jackpots are divided into non-progressive and progressive. In this case, non-progressive jackpot slots offer a fixed prize, which is usually much smaller compared to the ones available at progressive jackpots. This doesn’t mean that you can’t win big on a non-progressive jackpot slot. Players can win this prize by lining up the specific winning combination. In other cases, the slot awards the prize randomly at the end of any round.
Now, on to progressive jackpot slots. These games offer the biggest prizes available at online casinos, often in the six or seven-figures. As the name suggests, progressive jackpots increase over time. Part of the money wagered by the player goes towards the progressive jackpot, stacking the prize over time. Naturally, as the jackpot increases, so does the number of players trying to win it. At some point, someone is bound to win it. Is it going to be you?
The record for the biggest progressive jackpot prize of all time was set in September 2018. One lucky player captured a massive $21.7 million jackpot on a progressive slot. When a player finally wins the prize, the pool then resets to a fixed amount.
How Do Progressive Jackpot Slots Work?
Progressive jackpot slots build up the prize pool over time. But how exactly does it work? These games have different ways to fund the jackpot. In most cases, the progressive jackpot is limited to one specific game. Bets placed on this game will contribute towards its progressive jackpot. However, there are other kinds of progressive jackpot slots as well.
Local Progressive Jackpot
Online casinos will sometimes offer a local jackpot. In this case, the prize pool consists of money wagered on slots available to play at the casino. This also means that the prize pool is relatively small, since it consists only of money wagered in one specific site. It doesn’t mean that you can’t win big on a local jackpot. Most of the time, these prizes are in the six-figures – which is already quite a significant amount of money. Local jackpots are a good way to draw in more players to an online casino, offering them a chance to win an exclusive prize that isn’t available anywhere else.
Network Progressive Jackpot
This is the big one. Network progressive jackpots, or pooled jackpots, are funded by multiple online casinos. All sites that offer the pooled jackpot slot become part of that network, and the money wagered by players from different casinos will go towards a single prize pool. In other words, this means that the jackpot usually reaches a monstrous size, often in the seven figures. Actually, it’s not that unusual to find network progressive jackpots in the eight-figure range! It doesn’t matter in which site you play, any player can win the big prize as long as the selected slot is part of the network.
How to Play Jackpot Slots?
Did all that talk about jackpot slots and big prizes get you ready to try and win? Then it’s time to think about the best strategy to walk away with a prize. The most important thing to take into consideration is weighing risk and reward. Most jackpot slots require you to bet the maximum amount in order to become eligible for the prize. If you can afford to bet that amount, then it might be worth taking a shot. Gaming is all about going at your own pace.
Winning on a jackpot slot can be a life-changing moment. Lots of players have scored millionaire prizes in these games. Are you going to be the next one? Come hang around with us at Slothino and check out our jackpot slots. Stay a while, Play a while!