Progressive Jackpot of Slot MachinesA progressive slot machine is the type of slot machine that is linked to several other slot machines, either in the same casino or in different locations or even multiple casinos. The main purpose of having slot machines that are interconnected with each other is primarily to provide bigger jackpots. A certain percentage of the wager is automatically added to the pool that makes up the progressive jackpot for all the linked slot machines. Aside from having larger jackpots, the progressive jackpot is constantly increasing.
Progressive slot machines typically feature a separate meter or ticker at the top section of the machine where the current progressive jackpot is displayed. Since the amount is constantly growing, the display will also provide regular updates on the actual amount of the progressive jackpot. This is one of the major attractions of progressive slot machines. The prospect of walking away with a sizable amount is one of the major reasons why a lot of people prefer playing on progressive slot machines.
Max Bets of Slot MachinesOne of the popular myths about slot machines is the supposed need for players to play with maximum coins at all times. This rule applies only when the slot machine offers a higher jackpot for the max bet. Thus, playing on maximum coins is the logical strategy for progressive slot machines, since you can have a shot at the jackpot only when you play with maximum coins.
Payout Percentages of Progressive Slot MachinesThe payout percentage of progressive slot machines is typically lower than the regular slot machines for the simple reason that a certain portion of the payout percentage is weighed down by the odds of hitting the progressive jackpot prize. Some slot players compare this to the odds of winning the lotto, although experts insist that you have a better chance of winning the progressive jackpot than the lotto.
Top Progressive Slot MachinesThe majority of the leading and popular progressive slot machines are those that belong to the MegaJackpots network of IGT. As of their latest report, there are more than 33 MegaJackpots systems that have been so far rolled out. The familiar Wheel of Fortune progressive slot machines that you regularly see in casinos in the US actual belong to this network.
Other progressive slot machines that are linked to the Megajackpots network include:
- Jeoparty slot machines
- Elvis slot machines
- Beverly Hillbillies
- The Price is Right
- Fort Knox Mystery
- Diamond Jackpots
