Regarding gambling, no games get as much love as slot machines. Created in the late 1800s, slots quickly overtook the gambling industry of the 20th century, becoming the most-played gambling game in the USA and, soon, the world. The popularity of slots continued well into the late 20th century when a new development reignited people’s love of slot machines.
The progressive jackpot slots first appeared in the late 80s and early 90s. For those who may not know, a progressive jackpot slot is a fruit machine whose jackpot increases every time somebody plays and doesn’t win. For example, if ten people spin the reels ten times, and not one hits the jackpot, then the 11th person to spin could have the chance to win an outrageous prize. It is worth noting that most progressive jackpots have a cap, and once won, the jackpot reverts to its original value.
Progressive jackpots aren’t just unique to fruit machines. They are also a staple of online gambling. Long-time iGaming enthusiasts will know that progressive jackpot slot casinos have grown much more popular recently. Not only that, but progressive jackpots are a big part of video poker games, both online and land-based, as well as lotteries. However, they are most commonly associated with online slots.
Pros and Cons of Progressive Jackpots
As with any gambling game, progressive jackpots have ups and downs. Their recent popularity points to a certain degree of quality. However, many gamblers still need to be more apprehensive about these games. So, let’s review a few advantages and disadvantages of progressive jackpots.
One of the most apparent advantages of progressive jackpots is that gamblers can win considerable cash. As we said, the pot grows whenever somebody doesn’t hit the jackpot. This means that once a player does hit, they will win a more significant sum of money.
Another benefit of these games is that they offer better gameplay now than ever before. With certain technological developments, online casinos can run much smoother, have excellent graphics and visual and audio effects, and are a much more pleasant experience than they once were.
Finally, fans can find a wide variety of games to choose from. The progressive jackpot slot has become extremely popular in 2023. Meaning most games try to include it. So, fans are almost spoiled for choice regarding progressive slots in today’s industry.
However, despite the numerous advantages, many still shy away from playing progressive slots. In this section, we want to look at why that might be. One of the most significant disadvantages of progressive jackpot games is a lower payout percentage. This means that players will need to wager more money to win the same amount of cash as they would in a non-progressive jackpot slot.
Couple this problem with the high volatility rate that most progressive jackpot slots deal with, and you have a significant disadvantage. Indeed a good enough reason that some might want to avoid these types of games.
Despite the disadvantages, though, online progressive jackpots have become incredibly popular. In this next and final section, we would like to explore a couple of the most prominent online casinos and discuss the top progressive jackpots for anyone interested in the concept.
Indeed, we can’t talk about the most important and prestigious gambling sites without bringing up BetOnline. Responsible for some of the most significant innovations in iGaming, BetOnline operates one of the world’s top 60 most-respected sportsbooks, racebooks, and casinos.
The game we’ve chosen to represent their website is Reels of Wealth. With an RTP of 95.29%, the game comes up short of the 96% industry standard. However, it more than makes up for this shortcoming with the incredibly max win, as well as its progressive jackpot. It is worth checking out.
The Everygame casino is another top-rated and best online gambling website today. You can find any favorite games on this excellent website, from slots to roulette to blackjack and even poker. The website has fully embraced the future of gambling, embracing transaction methods such as e-wallets, Bitcoin, and classic credit and debit card-based payments.
The website also offers some excellent bonuses for your first, second, third, fourth, and even fifth deposit, which can net you as much as $5555. Not only are they highly generous, but they also offer some of the best progressive slots you can find. Currently, your best bet would be to check out the Aztec’s Millions slot, whose progressive jackpot can exceed $3 million.
Las Atlantis Casino
The Las Atlantis casino is among the best-rated gambling websites around. They house hundreds of slots and dozens of table games, from keno to poker. And, of course, they are home to some excellent progressive jackpot slots.
Among these, the Cash Bandits 2 progressive jackpot is the most notable. With five reels, Cash Bandits 2 offers 25 different ways to win the grand prize. And what might that be? Well, players can win 50,000 x Bet per line. And thanks to the progressive jackpot, that number goes up with every spin. While the RTP might be relatively low (95.30%), it isn’t much lower than the industry standard (96%). So, it is an excellent game for first-time players.