All online casino game players want to win jackpots, whether they are playing on an online casino app or a desktop. Unfortunately, most may never get close to winning it in their lifetime. Beyond luck, progressive jackpots require specific strategies that players must implement to improve their chances of winning.
Progressive jackpots are associated mostly with slot machines and video poker games. They are available on desktop and online casino app versions. They increase every time a player wagers up until someone wins. After the win, the progressive jackpot resets to the initial value and begins to accumulate again.
The value of a jackpot in an online game casino is determined by the tiny percentage that each player adds to the game. It is worth mentioning that most progressive slots on online gambling apps are merged with other machines to increase the value of the jackpot faster.
Of course, some casino games on online casino app versions still offer standalone progressive jackpots. The best approach to playing this game is to see it as a lottery game, which they are. The odds of winning at a table are low, but the prizes are so huge that they are worth it.
In this post, we will share some important facts you may never have known about progressive jackpots, even if you have been playing online casino real money games for a while. Let’s get started with the details.
Where the jackpot is big enough, a progressive jackpot game can provide players a positive expectation, even when playing on an online casino app. Although it is difficult to determine the actual jackpot size of slot machines, you can determine the size potential by the activities in the game.
You do not have to worry about this in other games. For instance, you can easily calculate the break-even point for video poker progressive jackpots on the best online poker app. This makes it easy for you to determine when to play and you can decide to play when the jackpot surpasses the break-even point.
Developed by IGT, Megabucks slot is the most popular progressive slot game both on an online casino app and on desktops. It is also the most played game across Nevada, which is the primary reason you cannot find an actual lottery in the state.
Really, no one needs a lottery when there is the Megabuck slot game. By the way, Megabucks is not new. It’s been around for some decades and many have won millions of dollars playing the game. You can play the game on a real money slots app or desktop.
The game is a dollar machine that features a 3-coin maximum bet, so you have to wager $3. You are not eligible for the jackpot if you don’t bet on the maximum. It is worth mentioning that apart from an online casino app, Nevada alone has over 750 slot machines in more than 125 casinos.
Like on online gambling apps, these slot machines across these casinos pool the small contributions that make the $10 million jackpot grow faster than imagined.
The odds of winning Megabucks is 50 million to 1 and the prize is paid as an annuity, which comes as annual installments over 25 years. You can choose the cash option, which gives you the 60% of the prize in cash.
The advantage of an online game casino about the slot machine on desktop and online casino app versions is measured by the payback percentage. The return to player percentage calculates an average value that the player will get in winnings over time based on the odds of winning and prize value.
The house edge on an online casino app online play, on the other hand, is estimated by the value of money that a player will lose on each wager. Therefore, a higher payback percentage means a better game for the player. Two factors are responsible for the lower payback percentage of a progressive jackpot.
First, a percentage of every online casino real money bets is contributed toward increasing the jackpot size and the amount is directly from the game’s payback percentage. Second, a bulk of the payback percentage is determined by the payout from the jackpot.
In other words, if a game has a payback percentage of 95%, only 5% of the value will make up the jackpot. However, with a game that offers odds of winning at a ratio of 1 in 50 million, the payback percentage before hitting the jackpot is less than 95%. The same holds even if you are playing on an online casino app.
Slot machines generally have a denomination featuring the maximum coins you can bet. Of course, you can bet even lower than the minimum without any negative impact. However, if you play progressive slots, such as video poker, you cannot win the progressive jackpot except if you bet the maximum coin.
Well, this may not make any practical difference because the winning probability for a progressive jackpot in the game is significantly low.
Mega Moolah progressive slot machine is available only online. It can be played through an online casino app or a game online casino. It features 25 paylines and five reels with an African theme for its sound effects and symbols. It uses zebras and elephants mostly as its theme.
Microgaming released Mega Moolah, it has remained the top game on any real money slots app and has made several millionaires. The prizes for the game ranged from $5 million to $13 million, with the latter being the biggest online jackpot win in the world.
If you are playing progressive slots on a live casino app, you will find three different types of machines. They are standalone progressives, wide-area progressives, and local area progressives. A standalone progressive slot is a game where players can win the jackpot on a particular machine associated with it.
However, the jackpot is only raised on that particular slot machine. Usually, the jackpot size of a standalone game on real money slot apps for Android is smaller than those of other types of machines. However, the best odds can be found on the standalone progressive jackpot because the size is smaller and not a big threat to the game online casino platform.
A wide-area progressive jackpot is like what you have in Megabucks when playing on a real casino app or desktop. It features multiple machines in different locations and these locations and machines contribute to the jackpots.
The wide-area progressive jackpots on both desktops and real money casino app versions are usually the biggest in terms of size. A local area progressive, on the other hand, is a network of machines within a casino.
The jackpots are usually bigger than standalone progressives but not as large as wide-area progressive jackpots. If you want to improve your chances of winning without minding the size of the jackpots on a live casino app, a standalone progressive jackpot is often the best because it has the best odds. You can find these games on a real casino app.
With the growth in the online casino industry and usage of a real money casino app, many casino platforms are trying to create a niche for themselves. Some of these casinos have made a name for themselves by offering only progressive jackpots across different devices, including the real money casino Android app.
That means whether you are playing the desktop version of the casino or using its online casino app online play your game, you will find only progressive jackpots covering different games. You will find progressive jackpots on blackjacks, video poker, slots, and other games of choice.
It is essential to mention that all games on a jackpot-only casino share the same progressive jackpots, which makes for a bigger-sized prize. The major downside to the operations of these casinos is that they offer only a limited number of games. That means you may not find your favorite games on the platform.
Also, you cannot play ordinary games without playing into a jackpot. If all you are looking for is a progressive jackpot and do not mind other game options, choosing one of the real money slot apps for Android for your gaming adventure may not be a bad idea.
Progressive jackpots are associated with lots of adrenaline-pumping fun, irrespective of where you are playing, including on an online casino app. However, you must know what you are getting into before you start wagering.
You may want to avoid progressive slots with lower jackpots. More importantly, you should stick to your bankroll when playing a progressive jackpot on a real money casino Android app or any other device.
It is crucial to understand that your odds of winning in a progressive jackpot are low, even on the best online poker app. Therefore, do not make the mistake of wagering more than you are comfortable to lose.