When it comes to online casino’s there are very few things more exciting than hitting a progressive jackpot. Even though these games do not offer the best odds in the casino it is still worth the risk for most players. Like the saying goes, you cannot win if you do not play.
Progressive jackpot slots at online casinos are sometimes larger than at the land based casinos. A significant reason is the difference in overhead. There are not as many employee salaries to pay, utilities are a lot cheaper, and you don’t have to factor in the value of all those free drinks. From a player’s standpoint, sitting in front of a progressive machine in the comfort of your own home makes all the difference in the world. It is still you against the machine, but the comfort level is so much higher.
There are three types of progressive games. The stand-alone progressive slot machine operates on just one machine. The players bet increases on that machine alone. The other two types are the in-house progressive and wide area progressive. In a Wide Area Progressive slot, every slot machine on that grid contributes to the jackpot pool. These types of slot machines typically have the highest payout.
Progressive jackpots grow at a rapid rate and have been known to produce one million dollar payouts. The largest known online progressive payout is thought to have been in the neighborhood of $5 million dollars.