Types of Progressive Jackpots
There are many different types of progressive jackpots and jackpot games, and each one offers a unique gaming experience. In this blog post, we will discuss the most popular types of progressive jackpots and how they work. We will also provide tips for choosing the right progressive jackpot for you.
Standalone Jackpots
Standalone jackpots are not linked to any other machines. They are usually found in smaller casinos and have a lower payout than networked progressives. It is easier to win a standalone jackpot because the odds are not as high, and you have a better chance of winning if you play the maximum number of coins.
Local Jackpots
Local jackpots are the most popular type of progressive jackpot. They’re usually found on video poker and slot machines in casinos. The prize money for these jackpots comes from the casino itself, not from other players. It’s usually a much smaller amount than what you would find in a networked jackpot, but it’s still worth playing for. Additionally, this type of jackpot is also the easiest to win since there are fewer players competing for the prize. Most local jackpots reset to their minimum amount after being won, so if you’re lucky enough to hit one, make sure to cash out while the prize is still high.
Network Progressive Slots
Also known as linked slots, network progressive jackpots are the most popular type of progressives. Multiple slot machines from different locations are all connected to one another and share the same jackpot. A portion of every bet made on any of the machines goes into the jackpot, which continues to grow until it’s won. Some of the most popular network progressives are Megabucks, found in Las Vegas and other casinos around the US, and Mega Moolah, found in online casinos.
Now that you know all about the different types of progressive jackpots, it’s time to put this knowledge to use. Remember, not all progressives are created equal, and some offer much better odds than others. Do your research before you start playing, and choose the progressive that gives you the best chance of winning big. Good luck.
