Is there a way to increase your odds of winning jackpot?

There are a few ways to increase your odds of winning a jackpot on slots. Progressive slots are regarded as the best of casino games by slot enthusiasts. Progressive jackpot slots are probably the most played games, due to the fact, that they offer the highest potential payouts. Progressive jackpots provide players with the opportunity to win multi-millions within a single spin and to increase the odds of winning the jackpot it is vital to familiarize yourself with the rules of the jackpot.

There are quite a few different slot jackpots, these include fixed jackpots with a predetermined value, progressive jackpots increasing constantly due to a percentage of each wager contributing to the jackpot, and random jackpots. When it comes to random jackpots, the jackpot has the potential to activate at the end of any winning spin and in most cases the higher your bet the more likely these are to trigger.

With most progressive jackpots it is necessary to bet the maximum, to have a chance of triggering the jackpot. The rules or requirements of activating a jackpot is explained in the payout section of the slot and it is important to know all the details, since even if you get the combination and you failed to bet the required amount you won’t walk away a multi-billionaire, since the jackpot round won’t activate or you’ll have to settle for a fraction of the grand prize. So, the one sure way to increase your odds of winning the jackpot is to make sure you bet enough to be eligible for the jackpot.

Why do Progressive Jackpots Differ so Much in Payout Value?

Progressive jackpots are contributed to via a small percentage of each wager, some progressive jackpots are classified as local progressive jackpots, these are contributed to by players of the casino only and can also only be won by a player of that, online casino.

Linked or pooled progressive jackpots are available at all casinos part of the progressive platform, these are contributed to by players at several online casinos and therefore increase much quicker in value and reach higher payouts in a much shorter time-period than local progressive jackpots.

What are the Odds of Winning a Progressive Jackpot?

The odds of winning a progressive jackpot such as the megabucks slot in Las Vegas is projected at 1 in 49,836,032. There is a formula to work out the probability of winning on online progressive jackpots, should the slot feature five reels, each with 20 stops or paylines and the jackpot activates by a single payline the probability of winning is 20 x 20 x 20 x 20 x 20 which works out to about 1 in 3,200,000 chances of hitting the progressive jackpot.

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Doug Holmes

Doug Holmes Author

Doug is a passionate Slot fan and an expert in the gaming industry and has written extensively about online slot games and various other related information pertaining to online slots. In his spare time, he enjoys time with friends and family, reading, travelling, and of course, playing the slots.