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Progressive jackpot games are sought after by many players due to their huge winning potential. Progressive jackpot slots offer substantial amounts that reach the millions.
Online casinos offer all sorts of games to those who choose to take their gambling activities over the Internet. However, slots are by far the most popular genre and there are thousands of such games to choose from, powered by various software developers. Players who feel overwhelmed by the paradox of choice, as well as those who seek big amounts prefer progressive jackpots. Virtually every important game developer presents players with at least a few slots carrying progressive jackpots.
What are progressive jackpot Slots?
Slots have the advantage of being easy to play, require no previous experience and are a lot of fun when played online. Progressive jackpot slots are not any different, but they also have the advantage of making players rich with just one lucky spin of the reels. They come in two main varieties, with three or five reels and each time they are in motion, they can produce a big winning. The only downside is that a tiny percentage of the money spent by players goes to fuel the jackpot pool, which is constantly on the rise.
Depending on the popularity of progressive jackpot slots, as well as the number of people spinning their reels, these prize pools go up faster or slower. Eventually, somebody strikes the winning combination and claims the main prize, which is reset to the basic value. Players can win millions of dollars, but even those who claim the jackpot after reset can expect at least a six-figure amount. Mega Moolah, Mega Fortune, Major Millions, Arabian Nights and King Cashalot are a few of the best paying progressive jackpot slots.
Pros and Cons of Progressive Jackpots
Microgaming and NetEnt are two software developers famous for producing some of the best paying progressive jackpot slots. Playtech is also well versed in the art of developing games that carry huge amounts and they all enjoy a good reputation online. The main advantage of playing progressive jackpot slots is that they can actually make a difference in one’s life. It only takes one lucky spin of the reels to win millions of dollars or currency equivalent, with a miniscule investment.
The odds are virtually the same as for regular slots, so you don’t have to worry about a crushing house edge when chasing progressive jackpots. When choosing one of the slots produced by the aforementioned developers, the risks are virtually nonexistent, given their reputation. On the flipside, the odds of actually winning the jackpots are very low and they are won on average once every two months. Moreover, the outcome of slots playing sessions is determined exclusively by luck and skill plays no role whatsoever.