Playing Casino Games
Playing casino games like rummy and blackjack is cool, but there’s nothing like hitting a big jackpot in the slot games. Jackpot games are at the pinnacle of luck-based games. You might have been struggling to pay for your rent at one moment and become a millionaire at the other.
No wonder online jackpot games are one of the most popular games in online and brick mortar casinos. The overwhelming atmosphere, the rush of blood and emotions makes the experience more exciting. Rarely you would see a gambler who doesn’t dream of becoming rich quickly.
But is it all that simple? There must be something more than pure luck in the jackpot games. Let’s understand what the games available are, how they work and how you can crack that elusive jackpot.
Types of Jackpot Games
A jackpot essentially is a big payout on a slot machine. It can be as large as a million or as small as a thousand bucks. It all depends on the slot machine you are playing and the type of bet.
Some slot machines offer a fixed jackpot to the winner while others provide a progressive jackpot. As the name suggests, progressive online jackpot games can win you exponential sums of money.
Fixed Jackpot games
Also known as a cash pot, a fixed jackpot offers a flat, predetermined payout to the winner. The amount of the payout remains the same no matter how much you bet in these jackpot casino slots. It can be a fixed number like 5000 coins or a multiple of your wager.
You will always win the same amount, even if you hit the jackpot twice in a row. It is a safe-better’s game because of the consistency of winning odds and fixed payout. These jackpot casino slots have a higher hit frequency than the progressive ones.
But you should know that it all still depends on luck. These slots also use random number generators, so you don’t have any undue advantage. You should note that some online casinos may require betting a minimum amount of wager before paying out.
Progressive Jackpot Games
The 80s and 90s kids might already know this game without playing it. It works in the same way that a lottery used to work. The basic principle is that the pot keeps increasing with every bet until someone wins all of it. It keeps on growing and growing, sometimes even paying out six or seven-digit sums.
Are you confused? Understand it in this way.
Progressive slots are a chain of machines linked to each other. You place standalone bets on a single slot machine, and a small percentage of the wager goes to the progressive jackpot.
Every bet placed on a progressive slot game, irrespective of the website you play at, contributes to the bigger progressive jackpot. This crowdfunding process results in the accumulation of thousands of dollars in seconds. And it all ends with one player landing the complex jackpot combination taking all of the pot.
So what happens with the remaining money? The casinos redistribute it in the form of small prizes. And of course, they keep a good share of it as a profit.
How much can you win on a progressive jackpot?
Since progressive jackpots don’t have an upper limit, it can be worth millions. The record for the largest progressive jackpot ever was worth €18.9m which is roughly Rs.154Cr. That is undoubtedly at the pinnacle of every gambler’s dream.
Understandably, there are certain downsides to playing this game. The winning odds are considerably lower than any other casino game. It can be a three to six-month-long work with no return to show for it.
Moreover, these online jackpot games have harsher conditions for eligibility. They have a strict wager requirement. You also have to bet the maximum amount of coins on every spin. But all this is understandable, looking at the enormous sum of money at stake.
How to win a jackpot?
Despite the large sums of money at stake, playing the jackpot casino slot is the same as any other slot game. The fixed jackpot slots offer bets as small as ten coins, and you can play a lot of them in a small budget.
But playing a progressive jackpot is a different beast altogether. The best way to increase your chances of winning this one is by playing the maximum bet. Here are a few tips to help you improve your chances of hitting the jackpot.
- Make the maximum bet. Professional gamblers max out as many slots as they can to boost their chances.
- Find machines that offer a host of small prizes too.
- Play with virtual currency to understand how to slot works.
- Play in online slots that offer at least a 95% or higher payout rate.
Always keep in mind that slots are unpredictable games. You might win twice in a row one day. It might lose you 50 games in a row on the other. So, play wisely and hope that luck is with you.