As you play online slot machines for real money, the idea of winning a jackpot can keep you playing for a long time. A jackpot is a big win in a slot game different from the other rewards associated with the slot machine.
When it comes to winning slots, there is nothing as thrilling as winning a jackpot. There are various types of jackpots that you can take home from exciting gameplay. Each type has a set of eligibility requirements, and every single slot has mechanics behind it.
This guide takes you through the two most common types of jackpot slots to win real money – progressive jackpot slots and local jackpot slots.
Progressive Jackpot Slots
A considerable number of online casino slot machines offer progressive jackpots. Progressive jackpots increase as you continue playing the slot, hence the name. After winning it in the initial round, the next offering tends to reset to a predetermined amount and continues increasing as before.
You can see the popularity of progressive jackpots in the sense that you can easily find them in video poker and slot machines.
Apart from the jackpot having a predetermined increment factor, several machines may also be pooled together to create a more extensive progressive jackpot winning.
A slot game that has a progressive jackpot often displays this amount in bold colors to attract players.
A generous casino may set its progressive jackpot to be of high percentage in comparison to expected win. For instance, in the case of a 5% edge, the contribution can be capped at 1% of the expected profits. The casino will continuously contribute to the jackpot since more players appreciate:
- the idea on which progressive jackpots are based
- the ever-increasing jackpot
- large amounts associated with progressive jackpots
Progressive jackpots do not have limits and get activated randomly. Each casino determines the amount it sets aside for its jackpot, with some offering amounts that run into millions. All you need to activate the jackpot is to get the right set of symbols and the required wager.
The wager is an important requirement because it implies that not all players can qualify for the progressive jackpot. Make sure that you read the game’s instructions in this regard before you can start playing. The wagers contribute to the jackpot.
A good number of slot machines only increase your chances of winning the progressive jackpot when you place the maximum stake. However, you may still get a couple of small payouts along the way.
Local Jackpot Slots
The local jackpot is typically associated with only one game. Similar to progressive jackpots, the local jackpot also increases as you continue playing. However, the casino may not set a specific limit of the amount required to qualify for the jackpot. Instead, the rate of growth gets tied to the amount you stake.
There are some two vital differences to note between local jackpots and progressive jackpots:
- They are formed on specific slots at the online casino, hence the name.
- They do not have high popularity amongst players. Thus, their size tends to be on the low end.
Local jackpots are mostly implemented as a marketing gimmick. The main aim of the casino while rolling this out is to stand out from the rest.
It is worth noting that each casino maintains its policies on the local jackpot on the mentioned slot. You need to read the game’s terms and conditions before you can play high-paying slots for real money.
Conclusion – Progressive Jackpot vs. Local Jackpot
Both progressive and local jackpots are a legit way to make money as you play real slot games online. You can use either type to make the most of your stake.