What are Progressive Jackpot Slots? - foxybingo

What are Progressive Jackpot Slots?

Progressive slots or jackpot slots are some of the most popular casino games around. They offer players the chance to win prizes.

If you're thinking of playing progressive slots, you might wonder how they work. In this article, we're going to take a look at everything you need to know about progressive slots, from how the jackpots are funded to how you can have the chance to win them.

So, without further ado, Foxy friends, let’s get started!

What Are Progressive Jackpot Slots - foxybingo

What is a Progressive Jackpot?

A progressive jackpot is a type of jackpot that grows every time someone plays the game. The more people that play, the bigger the jackpot gets, which can potentially lead to huge prizes being up for grabs.

Progressive jackpots are usually found in slot games, but they can also be found in other casino games such as video poker and blackjack.

How are Progressive Jackpots Funded?

Progressive jackpots are usually funded by a percentage of the money that is spent on the game. So, for every spin or hand that is played, a small portion of the money goes towards funding the jackpot.

This means that the jackpot can grow very quickly, and it's not uncommon for them to reach millions of pounds. Online progressive jackpots have the potential to even run into the tens of millions!

Volatility and RTP in progressive slots

Volatility means how often a slot game pays out. High volatility means that the game pays out less often, but the payouts are usually more significant when it does. Low volatility means the game pays out more often, but the payouts are generally smaller.

Progressive slots tend to have high volatility because the jackpots are so big. The RTP (return to player) is also usually lower than in other slots games because a portion of every spin is going towards funding the jackpot.

However, this doesn’t mean that progressive slots are not worth playing. The potential to win huge sums of money will always appeal to some players. And the fact that progressive jackpot slots can potentially have high payouts even when the jackpot is not won can make them all the more enticing.

How Do You Win a Progressive Jackpot?

There is usually a specific combination of symbols that you need to get in order to win the progressive jackpot. This could be something like five wild symbols in a row, or it could be three bonus symbols on an active payline.

It’s different for every game, so it’s always worth checking the paytable to see what you need to do to win the jackpot.

Winning a progressive jackpot is usually down to pure luck. However, there are some things that you can do to give yourself a better chance of winning.

For example, most progressive slots will require you to bet the maximum amount in order to be eligible for the jackpot. So, if you’re serious about the chance of winning, make sure that you’re always betting the maximum wager required.

You should also keep an eye on the size of the jackpot. The bigger the jackpot amount, the harder it will be to win. However, the prize will be worth it if you do manage to hit the jackpot!

Are Progressive Jackpots Worth Playing?

Progressive jackpots are definitely worth playing if you’re looking for the chance to win big. However, you should remember that the odds of winning are very long, and you could end up spending a lot of money without ever hitting the jackpot.

If you’re happy to take that risk, then go for it! But if you’d rather not risk your hard-earned cash, then you might want to stick to playing other casino games or online slots.