Progressive Slots Jackpots

Everyone knows that slot machines are renowned for their extraordinarily high payout ratios (Sometimes over 2,000 times what you wagered, depending on the jackpot), but progressive slots can take these jackpots to a whole new level!

Featured in both land-based casinos and online casinos, these progressive slots jackpots are some of the most thrilling and exciting forms of slots that have come about. Why? Well, while regular jackpots feature jackpots of $20,000, $50,000, even more, progressive jackpots have been known to reach MILLIONS of dollars, and when that much money is on the line, it becomes a rush for everyone involved to be the first to hit the jackpot.

Anyone who has ever played slots understands the allure of hitting the big payouts. Even if it's a long shot, everyone at least has the hope that, just maybe, they'll hit it. But we know that it's unreasonable (and will eat all your money, quick) to play until you win the jackpot, because it simply may never happen.

That's why progressive slots jackpots, in addition to a huge, HUGE, jackpot, also feature standard mid-range payouts to ensure there are still winners, and people get money back to continue playing. But, let's face it; with a price tag of over a million dollars in your face, you know why you're playing the progressive slots! No matter how small the chance is of winning the jackpot, the chance is smaller (in fact, non-existent!) if you don't play at all.

Progressive slots work on a simple basis. All the slot machines involved are connected on a network (thanks to the implementation of microprocessors in slot machines!) A percentage of each wager a player makes on each machine is directed towards the jackpot (with the rest being distributed either to payouts or to the house.) These cuts of each player's wager on each machine build until someone wins the jackpot! This may take a long time to win, but when there's such a high prize on the line, a LOT of people notice, and a LOT of people play. This makes the progressive slots jackpot build even faster and faster, making it very addicted and very exciting. The low chances of winning the jackpot means more time is allowed for the progressive to build and build and build before it finally pays out!

There are three types of progressive slots jackpots. The first is a standalone jackpot, where the jackpot grows solely based on the money contributed by that machine and that machine alone. These take an exceptionally long time to reach high jackpot amounts, and even higher for a winner to be declared.

The next type is where all progressive slots in the casino pool to the same jackpot, and this is where the prizes grow rather fast. These are much more exciting and feel like a “race” because there are other players racing you to that jackpot!

There are also regional progressive slots jackpots where all progressive slots of a certain type in ALL of the casinos in Las Vegas (or any other gambling city) pool the jackpot together. These jackpots are absolutely huge, and the prizes are comparable to winning the lottery! (That is, enough that you won't have to worry about a job any time soon!)