An Idea Behind Jackpot Slots, Their Types and Winning Tactics

By  //  November 20, 2024

Jackpot slots offer the chance for massive and live-changing payouts, unlike the regular slots at Mr Bet NZ where you win based on fixed payouts or generous bonuses. On the contrary, this slot type features progressively increasing prizes that often cost millions.

These machines are quite popular for the allure of winning large sums of money from a relatively small bet.

In this write-up, we will be exploring the idea behind a jackpot slot and the way it works. Also, we’ll look at the various types of them and share with you the best tips for fully maximising your chances in this game type.

About Jackpot Slots

The naming gives a clear understanding that these games of chance feature a jackpot — a reward. It can eother be fixed or increase in size as more people play the game, usually until it is won. When it comes to the latter, as players place bets, a portion of each wager is included in the jackpot, increasing in size with every spin. Note that this jackpot type differs from the ordinary form of machines because the former just gives you payouts without collecting a certain percentage from every bet, while the latter accumulates it and then drops the whole reward upon a lucky player.

A certain number that indicates a lucky gamer is determined by a random number generator (RNG). This ensures that the outcome of each spin is completely different and independent of one another. It means there is no way to predict or influence if or when you will win.

Below, we have included more information about different types of jackpots:

  • Progressive – the type we were describing at the beginning of this section. In such slots, the prize increases until someone wins. It can be local (only linked to a single machine or casino) or part of a wider network (connecting multiple casinos or machines worldwide). The larger the network, the bigger the reward becomes;
  • Fixed – another type whose concept goes without saying. Such games offer a constant amount range that does not increase over time. Although such rewards are not always life-changing, they offer significant prizes based on the machine’s design;
  • Mega – a kind of slot reward that can offer huge payouts, even exceeding millions of dollars. They are usually linked across a global network of casinos, allowing the prize to drastically increase exponentially. Winning one of these can change a person’s life big time;
  • Mini & minor – smaller rewards in comparison with others, as the name connotes. They are usually part of a slot game’s bonus feature and offer more frequent but smaller payouts. They can also be progressive but usually reset to a smaller value when won.

It is important to note that the odds of hitting a prize pot slot are often much lower than other slot machines or casino games. For instance, the odds of hitting a progressive jackpot can range between 1 in 10 million to 1 in 50 million. The outcome depends on the game and the size of the network. So, while winning is very unlikely, the potential reward can make the risk seem very much worth it.

How to Win Big With Jackpot Slots

Winning big on this slot type is majorly a luck thing. However, there are some things that you can do to put yourself at an advantage over others. These strategies can help you acquire and maximise your chances of hitting overwhelming rewards. Check them out below:

Select the Appropriate Type

Not all grand win slots are equal. While some are easier but offer small prizes, progressive jackpots offer high payouts but are less likely to hit. So, what do you want: a mini lucky pot that is small but offers consistent prizes or a networked machine that is very big with a low probability of winning?

Play Maximum Bets

Many progressive options require that you place the highest bet to qualify. If you are very intentional about winning one of these, try playing the maximum bet to give you a chance to win the largest prize. Note that this may be quite expensive, especially on slots with high limits for the maximum wager.

Understand the Odds

Some of these slots have the lowest odds among casino games. This is so, especially when compared to other types of regular slot or table games. It is so because of the large payout. So, always keep in mind that the chances of winning a jackpot are very slim. This means that you should be prepared for the possibility of not winning instead of being fixed on an inevitable win.

Seek Casinos With High-Paying Jackpots

Not every casino offers the same reward size. In contrast, some offer a large percentage of winnings to players. So, before committing to any platform, be sure to do your research and find out which gaming houses offer big jackpots. Once you have a concrete list, compare the odds to understand which option is the most favourable for you.

Enjoy a Thrilling Way to Win Big!

Progressive slots are indeed exciting and fun for thrill-seekers. While the odds are long, the appeal of winning life-changing sums of money makes players tirelessly spin the reels. You can increase your chances of winning as long as you brush up your knowledge about the game. However, since this is a game of chance, there is no assured way to win. All you need to do is gamble responsibly, never bet more than you can afford to lose, and pray that Mother Luck smiles on you.