Progressive slots are the most lucrative games in the online gambling world. Whereas regular slots pay out predetermined jackpots, which depend entirely on how much money a player bets, progressive jackpots pool a portion of each player’s wagers. The pool increases with each new bet, until one lucky player strikes big, taking home a massive jackpot. Progressive jackpots are responsible for some of the biggest payouts in online gambling history, a fact which keeps players coming back for more on a regular basis.
There are three main types of progressive slots games. Individual progressive slots operate on their own, without being connected to any other games. This means that the jackpot is only accumulated with the coins that are put into that particular machine. While players have a higher chance of winning the jackpot, because there is only one location at which to win, the jackpot stays relatively small, compared to other types of progressives.
Linked progressive slots are the opposite of individuals, as the bets from a group of games contribute to the total jackpot. This makes for a much bigger jackpot, but it is spread out amongst a variety of games, so the odds of winning decrease.
Multi-location progressive jackpots take things one step further, by combining the wagers from several different casinos who are all operated by the same software designer. These jackpots are often the most lucrative in the online gambling world, quickly climbing to millions of dollars in mere weeks.