How Do Slot Machine Jackpots Work

How Do Slot Machine Jackpots Work

Slot machine jackpots work differently depending on their type, which we will be covering later in this review. To explain how jackpots work, it would be wise to define the essence of the concept itself. Basically, jackpots in slots can be randomly hit by any player when the latter is spinning the reel by placing bets. Now, let’s delve into details – how does jackpot drop work in casinos.

What Are Jackpot Slots?

Jackpot slots are one of the most popular categories of games offered by any online casino out there. You may ask why? Well, it’s all because virtually any gambler can hit it with a bet of any amount. So jackpot slots can produce a large win, which significantly exceeds the average payouts of slot machines. In fact, that’s the reason why so many people associate hitting a jackpot with winning a lottery.

Casinos With Huge Jackpots

89 /100
Casumo Casino
Welcome 300$
Withdrawal 0 - 72 hours
Dep. methods
Details

Bonus details

Deposit – €10-€300
Match % – 100%
Max Payout – No Limit
Sticky – No
Free Spins – 20
Wagering – 30x d+b within 30 days. Max bet $5

PROS
  • A trusted casino that has been in operation since 2012
  • Unique bonus and status system
  • The casino operates under a Malta licence
  • The mobile app can be downloaded on Android and iPhone
  • Quite fast payments to e-wallets
CONS
  • Uncomfortable site search for games and providers
  • Large list of banned countries
  • Extended verification may be required
93 /100
Fairspin Casino
Welcome 100 000$
Withdrawal 0 - 24 hours
Dep. methods
Details

Bonus details

Deposit – €500 – €100 000
Match % – 100%
Max Payout – Bonus awarded
Sticky – No
Free Spins – 30
Wagering – 25x on bonus within 3 days. Max bet no limit


PROS
  • Over 20 types of accepted cryptocurrencies
  • The casino welcomes players from almost all over the world
  • Incredible deposit bonuses
  • Low wagering on bonuses. There are no max bets
  • Very fast payments to e-wallets
CONS
  • No app on phones
  • There is little time to wager the bonus
91 /100
Frank Casino
Welcome 500$
Withdrawal 1 - 24 hours
Dep. methods
Details

Bonus details

Deposit – €10 – €500
Match % – 150%
Max Payout – No limits
Sticky – No
Free Spins
Wagering – 27x b+d within 30 days. Max bet €5


PROS
  • Trusted online casino with a long history
  • The loyalty system consists of 25 levels with generous gifts on reaching each
  • Great first deposit bonus with low wager
  • Customer service is available in 8 languages
CONS
  • Payment requests are processed within 24 hours
  • Frank casino does not accept cryptocurrency payments
90 /100
Bitstarz Casino
Welcome 100$
Withdrawal 0 - 24 hours
Dep. methods
Details

Bonus details

Deposit – €20-€100
Match % – 100%
Max Payout – No Limit
Sticky – Yes
Free Spins – 180
Wagering – 40x bonus within 30 days. Max bet €5


PROS
  • Trusted casino, in operation since 2014
  • Very fast payouts to any payment system
  • Bitstarz accepts a wide range of cryptocurrencies
  • The minimum deposit at the casino is just €5
  • The casino regularly adds new slots and providers
CONS
  • The loyalty system for players seems unclear
  • The casino has regular loyalty bonuses, but there is no casino cashback as such
94 /100
Play Fortuna Casino
Welcome 500$
Withdrawal 2 - 72 hours
Dep. methods
Details

Bonus details

Deposit – $10-$500
Match % – 100%
Max Payout – No Limit
Sticky – No
Free Spins – 15
Wagering – 40x bonus within 30 days.


PROS
  • The gambling house is licensed, and uses only licensed software;
  • Online casino has a good reputation;
  • Has an official mirror and a mobile version, which provides absolute convenience to the player;
  • Has a huge range of games from the world's leading providers;
  • Original and generous bonus system;
  • Numerous promotions, lotteries, and tournaments.
CONS
  • A small list of countries from where the online casino accepts players;
  • Insufficient attention is paid to the fight against gambling addiction among players. Their accounts can be blocked only at the request of the players themselves.

How Jackpot Slots Work

To understand the underlying of how jackpot slots work, let’s turn to the technical side of the question:

  1. The player spins the reel;
  2. The automated system (computer) records the next 3 numbers from the random number generator;
  3. The first number is, then, divided by 64;
  4. The remainder corresponds to one spot on the virtual reel;
  5. Each virtual reel, respectively, corresponds to a position on the actual reel;
  6. Based on this principle, the system moves the reel to the appropriate spot.

The classic variant of jackpot slots gives a gambler an opportunity to win an amount of money, fixed in the game. To hit a jackpot, one needs to get the corresponding combination of symbols or get the winning hand of cards, the prize depends on the type of slot. Microgaming, NetEnt, Yggdrasil, Play’n Go, Evolution Gaming are some of the largest providers of games with a fixed jackpot.

The Nuances Of Jackpot Slots

Some jackpot slots work differently. For instance, here is how progressive jackpot slots work. Usually, such slots have a few fixed jackpots linked to the stakes and one big progressive jackpot. The progressive jackpot is the maximum sum of money accumulated in a particular game, which is not fixed. This jackpot is paid from the percentage of the real-money bets made by real players. The prize has a certain minimum mark and is gradually filled until it is hit by a fortunate gambler. How quickly the jackpot amount will grow is influenced by the activity of users. The more bets are made, and the more often the reels of slot machines spin, the more money will be loaded up eventually, until someone gets the desired combination of symbols or numbers. When the player hits the jackpot, the jackpot is reset to zero, plummeting to the minimum amount, which can be different in each slot. Such software developers as NetEnt, Microgaming, Playtech, Yggdrasil, and others provide casinos with these types of slots. A player can try their luck at Joker Millions, Mega Moolah, Hall of Gods, and other slot games featuring a progressive jackpot.

How Different Kinds Of This Slot Type Work

To understand how jackpots work to the fullest extent, we shall find out what are the types of jackpots that we can bump into. Many gamblers have no clue that the chances of hitting a jackpot are directly related to the type of it. Depending on the type of jackpot available in slot games, the amount of possible winnings will be different, respectively. Here are the most common kinds of jackpots and how they work.

Games With Jackpots

As we already mentioned, slots are not alone when it comes to jackpots. Other games boast this great option as well. Sometimes the jackpots in those can be even bigger! Let’s take a closer look at some of the games you are surely familiar with, and maybe did not know include jackpots.

Slots

Up to this point in the review, we have been breaking down the essence of jackpots, different types of it, and more on how jackpots work. Slots are what comes to any gambler’s mind first when talking about jackpots. Even though many players realize how lucky they should be to hit a million-dollar jackpot, it’s still a desirable target that drives slot lovers crazy. At the end of the day, you never know which spin can change your life forever.

Roulette

This game is a golden classic of casino games, which is why it never goes out of fashion and tons of gamblers play it regularly. Casino operators know how hyped people are for jackpots in online slots no matter how much they have at stake, so they decided to introduce them in other games as well. In roulette, for instance, the way jackpot works is pretty much identical. A gambler has a chance to hit a jackpot when wins his bet. The only difference is that except for your regular bet, you must place a little bit to the bank of a progressive jackpot.

Poker

The largest developers of casino games, in addition to slots, also release other games with jackpots. There is a poker version with the ability to hit the jackpot. Instead of typical symbol combinations, poker hands are the winning ones. If you are not afraid of low volatility, then you should try jackpot poker.

Others

Online casinos tend to put all the games with the jackpot option into one big category, so explore even more unexpected ways for the biggest winnings, but only if have read and truly understand how how jackpots slots work

How Payouts Work For These Slots

When anyone hits a big jackpot, the representatives of the casino reach out to a lucky player with all the following instructions of cashing it out. But not all the jackpots are worth millions, so if you hit a mini jackpot that drops daily, and wish to withdraw your funds, you would have to know the nuances related to payouts.

Time Limits

Make sure you have the information about the time you’ll have to wait until the money is withdrawn from your account. Essentially, it depends on two things: a casino, and a banking method. It may take longer than you expected, so always clarify the details.

Commision

When withdrawing winnings, commissions are inevitable. Commission fees vary depending on the banking option you choose. Generally, e-wallets and crypto-wallets have the lowest commissions, while payments by phone – the highest.

Banking Options

Gamblers have more than enough banking options to choose from. The choice will come down to your needs.

  • E-wallets. If you want the fastest payout speed;
  • Crypto-wallets. Those have the lowest commissions;
  • Bank transfers. Seeking a safe and secure method for bigger amounts? Bank transfers will ideally fit for that.
  • Prepaid cards. You can always purchase some from a local outlet.
  • Pay by phone. Appropriate for depositing small sums.

Pros And Cons Of Jackpot Slots

Jackpots are indeed something to be looking forward to. But is it always worth trying hunting them in the first place? Since we already managed to understand how slot machine jackpots work and how jackpots drops work at a casino, it is time for highlighting the pros and cons.

Pros

  • Big winnings are a great motivator
  • Everybody has a chance to hit a jackpot regardless of the budget
  • You can collect other bonuses and participate in promotions along the way

Cons

  • The chance of hitting a jackpot (except for a mini one) is negligible
  • Players risk losing money when chasing jackpots

Conclusion

In this review, we touched on a rather exciting subject of jackpots, and now you know how jackpots work, in which games you can hit it, and what are the upsides and downsides. Whether you play a fruit machine or a modern and advanced video slot, there is always a chance to become a lucky one and make your dream come true. If you ever feel like gambling is causing you problems, professionals from Be Gamble Aware help thousands of people overcome their anxieties and addictions.

Frequently Asked Questions

How Do Jackpot Slots work?

Jackpot slots are regular games with a major reward for players hitting them.

How Do Progressive Jackpot Slots Work?

Progressive jackpots increase as players place more and more bets.

How Do Multiple Jackpot Slots Work?

Multiple jackpots allow gamblers to hit it more than once per one slot machine.

How Can I Get Jackpot Payout?

To get a jackpot payout you need to find out about time limits, commission fees, and available banking options.

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