Progressive Jackpot Slots in Australia 2024

How Progressive Jackpot Work

Progressive jackpots work simply by taking a certain percentage of each wager made on a specific slot machine or a group of machines and adding it to the jackpot prize pool. This process continues until one lucky player hits the winning combination and wins the jackpot.

Let us explain it further by giving an example. Consider that the base price of the jackpot is $100,000, and the slot machine takes 10% of each wager and places it in the pool. Further, 1% of this amount is used to fund the next reset amount. Now, a player is playing it for AU$2.50 per spin. Each spin contributes 0.25 (10% of AU$2.50) to the jackpot amount, and the remaining amount (AU$2.25) is handled similarly to a classic non-progressive jackpot machine.

The probability of a player winning the jackpot is determined by the total number of possible combinations and the number of players contributing to the jackpot. The larger the number of players, the higher the jackpot amount and the lower the probability of winning it.

How to Win in a Progressive Jackpot

Here are some of the most pragmatic and proven strategies to increase your chances of winning in progressive jackpot games.

• Know the requirements: As mentioned before, the game’s requirements and rules vary with progressive slot machines and casinos. Therefore, it is crucial that you truly understand the requirements and rules of the games. One of the crucial things to check is the maximum and minimum bet limits.
• Choose the right machine: Look for a progressive slot machine not only with an eye on them but also with a high payout percentage.
• Play frequently: The chance of winning a progressive jackpot increases with the frequency of time you play the game. The more you play, the better your chances of hitting the winning combination.
• Play the maximum bet: Sometimes, the slot machine requires you to play the maximum bet in order to be eligible for the progressive jackpot; if this is the case, make sure you do so.
• Keep an eye on the jackpot: Slots can grow quickly, so it’s a good idea to keep an eye on the amount and try to play when the jackpot is at its highest.

Remember, always gamble responsibly and never chase losses.

Different Types of a Progressive Jackpot

Progressive jackpot games come in various forms, offering players diverse ways to potentially strike it big. Some of the most common types of progressive jackpots are below.

• Standalone progressive jackpot game: It is a type that is linked to a single slot machine in a casino. Usually, you can only play one machine at a time.
• Local progressive slots: Unlike a standalone progressive jackpot, a local jackpot is linked to a group of slot machines within a single casino, and those playing on any of the linked machines are eligible to win a progressive jackpot.
• Wide-area network progressive jackpot: It is a game connected to multiple slot machines in multiple casinos.
• Random progressive jackpot: This type of jackpot can be won at any time, regardless of the combination landed on the reels. At the same time, the winning combination is determined randomly.

Each type of game has its own pros and cons, unique features, rules, and requirements, so it’s important to learn the specifics of the progressive jackpot.

Popular Progressive Jackpot Slot Games

Our team of experts has prepared a table with some of the best progressive jackpots. Below you can check providers of progressive slots and their type.

Remember that the above-listed progressive jackpots can vary in size and availability, and you should check with the casinos for the latest information.

The Final Words About Progressive Jackpot Slots

Progressive jackpot slots can be definitely enticing. However, it’s not very easy to win progressive jackpots. The higher the jackpot, the lower your chances of hitting it. On the other hand, the possibility of a progressive jackpot win still exists.

The biggest progressive jackpot prize came in September 2018 by an anonymous android user. She won a whooping prize of £22.3 million. He or she bet 75 cents on Mega Moolah and won the jackpot in less than 50 spins. It’s a game by chance, and It’s your decision whether you want to try out your luck.