What are Progressive Jackpots?
Typical jackpots are usually a fixed amount. For example, if you get the “silver” jackpot, you'll win a set amount of money. After that, the next person on the slot machine can win the same jackpot for the same amount. Progressive jackpots, however, are constantly changing.
That's because every time someone plays the machine and loses, the jackpot goes up.
Sooner or later someone will win that jackpot, but until that happens, it will just keep climbing. Eventually, when someone does win it, it will fall back down to a set amount. That's the only time in progressive slots jackpot online that the machine will have a fixed amount.
Mega Moolah and Mega Fortune Jackpot
Mega Moolah and Mega Fortune Jackpot are two of the most, if not the most, popular progressive slots jackpot online. In truth, they're just two of the most popular slot games, period. Developed by Microgaming and NetEnt, respectively, they've paid out millions of dollars over the years.
Obviously, that's the appeal of progressive jackpots. Jackpot payouts can be monumental. While this may be true, it's important to remember that those jackpots only get that huge because of the amount of people who lose on those machines.
There is undoubtedly a trade-off. You're either going to win big or you're going to feed into someone else's eventual jackpot.
Progressive Slots Jackpot Online
When you play progressive slots jackpot online, you need to keep in mind how many people play those slots. In a land-based casino, the number is extremely limited due to physical space. Unlike an online casino, where physical space doesn't matter and the limit is much higher.
Again, you have to consider the win/loss ratio of those machines. What you should consider when that happens, however, is the amount of people who had to lose to get it that high. Yes, the popularity can work in your favour by building the bonus.
At the same time, the last thing you want to be is another losing statistic. Progressive jackpots are simply a much bigger gamble than most machines.