Online casinos feature all of the same games as land based casinos. In both land based and online casinos the most popular games are the slot machines. There are many different variations of slots but the most popular are the ones that offer a progressive pool. These progressive machines offer jackpots that reach into the millions. What determines the jackpot is both the popularity of the machine and the size of the network that it is attached to.
Progressive slots have the highest jackpots of all slot machines. This is because a small piece of each bet is put into the jackpot pool. These machines may also be part of a network of slot machines that all contribute to the same progressive pot. These networks can even span more than one casino. The more machines that are contributing, the faster the progressive pot grows. When the winning combination comes up at any one of these progressive machines the player wins the full jackpot. The jackpot level then resets and begins to grow again. Mega Bucks is the largest network of progressive slots and has a starting jackpot of $10,000,000 and has paid a jackpot of over $33,000,000. It is common for online casinos to pay out jackpots in excess of $1 million. Some progressive jackpots do top out at an amount that is determined by the casino. These rules should be checked on the machine itself before playing.
The odds of winning the jackpot on a progressive machine are less than at a regular machine but the rewards are much greater. The jackpot is a proportion of the overall play that the machine or network of machines has received. The odds of winning are the same no matter how high the jackpot grows. Standard slot machines pay back at a rate of 85%-98% depending on how they are set by the casino. Progressives pay at a similar rate but the pay table is more top heavy. Progressives pay out less often but the average payout is larger. slot
The choice between progressive and standard slots depends on what you are looking for. Progressive slots are intended for the player who is looking for the big jackpot. Standard slot machines are a better choice for the more conservative slot player. Your bankroll will last longer and you may make a few dollars playing a standard slot machine, but you will not retire on your profits.
You should also be aware that not all progressive slots are part of networks. Some stand alone machines are progressives and offer a jackpot. If you choose to play one of these machines make sure that it has the largest jackpot. The odds of each individual pull are the same on each machine. You should look for the largest payout at the same odds.
Progressive slot machines pay out on similar combinations as regular slot machines. The difference is on the jackpot. Jackpots are only paid when the maximum coins are played. If you are not playing maximum coins you are paying for the progressive without giving yourself the opportunity to win.