The difference between progressive and regular slots
You can find and win progressive jackpot slots in many online casinos, and Loki is not an exception. However, some players are often confused by this term due to the lack of concise information, so let’s determine it. In general, lots of online slots offer jackpots of some kind. Even the word “jackpot” itself became widely used because of the rise of the casino slots’ popularity in the middle of the 20th century in land-based casinos.
But it’s critically important to understand that in the majority of 5-reels and 3-reels online slots, jackpots are fixed. For example, the jackpot can be set to be the x10,000 multiplier of your original bet. In this case, even if you’re betting the maximum possible stake, you won’t get anything as big as that, be that bonus free spins or real cash.
However, the progressive jackpot slots work differently. Their prize funds are constantly growing, and they don’t have the upper limit. How is that possible? Such a jackpot increases from all the wagers players make on a certain slot game or a network of linked progressive slots. A small percentage of each bet, excluding the free spins stakes, is deducted to form the bankroll of the progressive jackpot.
So, the more gamblers play a particular progressive jackpot slot, the grander the figure gets, and in some cases this amount could be really called life-changing for almost any player, as it already happened with Mega Moolah slot or Hall of Gods jackpot slot.
Additionally, it is really difficult to hit the jackpot payline, so the prize pool could grow for a really long time. That’s how multi-million dollar jackpots are awarded and that’s how they’re different from regular 5-reels online casino slots. Read along to learn more about this amazing bonus game!
Really, it’s not that difficult to see the main reason that draws gamblers towards playing progressive jackpot slots like Mega Moolah online. Just think of it: you can become the owner of a massive jackpot amount of money in the blink of an eye. Just a single spin — and you win a life-changing fortune that just might be enough to never work a day in your life. Obviously, it is an extremely attractive idea, especially when you have fun because of playing it with bonus free spins. But what makes this idea to be even more fascinating is the fact that there are many cases where players really win these huge prizes. Of course, we’re not gonna lie to you — the odds of winning a progressive jackpot from the first spin are extremely small compared to regular 5-reel Android mobile online slots.
However, that is also understandable because if every second gambler would win enormous prizes, all online casinos in the world would go broke in a couple of days. But the most critical thing is that you can really get a jackpot win, and they offer a lot of fun chasing it. Our best jackpot slot games are provided by NetEnt, Amatic, Yggdrasil, Platipus, Betsoft, Pragmatic Play, and Microgaming with its Mega Moolah classic.
Thus, the most important fact is that you can really win a progressive jackpot, especially with games from our well-known developers!
On the Internet, gambling industry has been developing and releasing many new jackpots, which regularly play through decent cash. For instance, many jackpots were won in the best progressive slots from Microgaming with their incredibly popular Mega Moolah slot, NetEnt, Playtech jackpot slots such as Jackpot Giant Mega Fortune, Yggdrasil, and many other top software companies.
As of now, jackpot payout from regular mobile 5-reel progressive jackpot can exceed hundreds of millions of dollars. You can even read about such cases in the news as these jackpots were considered to be larger than in land-based casinos. However, the first major record of a multi-million popular jackpot slot, Mega Fortune from NetEnt, was set in January, 2013 when a player from Finland won a total of €17,861,800.47.
The Mega Fortune casino slot game remained the all time high mark until 2015. But then the Mega Moolah jackpot wheel slot from the Microgaming jackpot broke the record and was reported in the news you can read online. This event took place in 2015. Briton John Heywood became the luckiest player who won a total of €17,879,645.15 Mega Moolah jackpot that was introduced to Guinness World Records which was the biggest jackpot news in the gambling industry.
These cases are not the first winnings of several millions in huge progressive jackpot slots, but before, the prizes did not reach such insane volumes. However, it is likely that the highest score will be broken again, maybe even by the Mega Moolah slot game in the near future and might even exceed those that have already taken place in the lotteries.
You are unlikely to win the same prize as in jackpots playing blackjack, poker, or roulette wheel with live dealers at once. But you can hit a big win in many popular jackpot slots! We offer over several thousand of the best progressive jackpot slot games in our online casino, where you can win a few millions of dollars in just one spin. So, here is the list of 10 most popular jackpot mobile slots on our casino site to get started with:
1. Max Miner
2. Witch Treasures: Hold And Win
3. Scarab Temple: Hold And Win
4. Leprechaun’s Coins
5. Wolf Power: Hold And Win
6. Sun of Egypt: Hold And Win
7. Fortune Five Double
8. Book of Spells: Hold And Win
9. The Big Game: Hold‘N’Link
10. Lucky Cat
The history of jackpot casino slot game machines began more than three decades ago. One of the gambling industry pioneers was IGT, the American gambling equipment and software manufacturer. In 1986, the developer introduced Megabucks, which was the first time a huge progressive jackpot slot appeared on the market. It was fundamentally different from other slot machines due to its specific features:
- the developer installed a special microprocessor that was more advanced than in any video slot game at the moment;
- from each bet a player made on Megabucks, a small amount was deducted to the jackpot;
- receiving a bonus payment did not depend on the city where the slot game was located;
- a system of interlinked progressive jackpots was introduced.
Subsequently, other software creators began to develop 5-reel video slots with drawn jackpots. These include the Swedish company NetEnt, which was founded in 1996. It introduced the Mega Fortune slot machine with three variations of jackpot bonus –– Mega, Major, and Rapid.
One of the most attractive developments of the Microgaming brand is Mega Moolah, with the help of the lucky ones becoming a dollar millionaire every year simply due to jackpot paying a win. At the moment, numerous software developers see the potential of producing popular progressive jackpot slot games so there are plenty of them on the market.
As we mentioned this information before, it is really difficult to earn the combination of jackpot paying symbols on progressive slots. That is the main reason why the casino payouts from such huge jackpots are so rare. Therefore, the only tactic that we can recommend is to not stick around playing one progressive slot game for too long. Try switching between different slots because every game has various RTP and volatility, as well as bankrolls. It’s a simple principle : the more progressive slots you play, the more your chances of hitting the jackpot are.
Another advice that is critical to mention is that you should always bet your maximum for the best results and also try to opt out of using free spins. Betting on all paylines is usually the main thing that qualifies you for receiving the largest possible progressive jackpot, and if you manage to win a jackpot with bonus free spins, the casino site might not qualify it as a win because the rules are different in the range of casinos online. In general, feel free to contact the customer support to find out anything related to jackpot slots and learn rules of the game before playing
We’ve already discussed the common principle of generating a progressive jackpot. However, there is more to mention, as there are different approaches to jackpot formation. You can easily encounter each progressive jackpot game type in online casino sites nowadays, and that’s why it’s really significant to be aware of their peculiarities and bonus advantages. So, the majority of online casinos today use one of three ways to generate a progressive jackpot games or combine these kinds.
- Standalone Jackpots. This is the most common type, and such jackpots are formed only with spins on one slot. Players' bets made only on a specific game are credited to the prize pool that could be only won on this slot, thus creating a stand alone progressive tiered jackpot. While such jackpots rarely reach huge numbers, they are relatively easy to win. That is why this version of progressive jackpots slots is the best for players who are not familiar with this kind of betting and it will allow them to get acquainted with such games.
- In-House. In this case, the top jackpot games play through the prize by deducting a portion of players' stakes from the spins in some slots by one provider, in a particular online casino . To participate in the draw of this type of progressive jackpot, you don’t need to play on a particular machine, as often there are several games with one bankroll on offer. Such cumulative jackpots are also considered to be a good option for newcomers because this is by far the easiest version of jackpot to hit. All you need to do is to play regular online slots on a casino site, and the more you will bet, the more your chance of winning will be. Usually, casinos give you points for real money betting, and the amount of these points make you qualify for the jackpot or its portion.
- Linked Network. These are the largest progressive jackpots out there. In this variation, the jackpot is linked from all the bets and spins players make in different online casino sites playing on the same slot or even several ones by one provider. That is why it is called the progressive jackpot network since many casinos are connected through a certain progressive jackpot slot. Such slot offers are usually created by a certain provider, which receives royalties from all casinos that are part of a single network.