Every player dreams of hitting the jackpot in an online casino. After all, in some cases, the prize provides the gambler with a comfortable life for the rest of their days. In this article, we will explain what a jackpot is and how to win it.
Every player dreams of hitting the jackpot at an online casino. After all, in some cases, the prize can provide the gambler with a comfortable life for the rest of their days. In this article, we will explain what a jackpot is and how to win it.
Main types
An online casino jackpot is always made up of players’ bets, but there are nuances to how the prize is formed. Because of these nuances, jackpots are divided into several types, the most common of which are two: progressive and fixed.
Progressive
A progressive jackpot in a casino constantly grows. With each lost bet, a certain percentage is added to it, which depends on the rules of a particular establishment or provider, for example, 2%. Due to this, the prize can reach impressive amounts. This type of reward is used mainly not by establishments as a whole, but by individual slot machines or providers.
Fixed
A fixed casino jackpot cannot exceed the amount set by the rules of the gambling establishment. For example, if the operator has limited the prize amount to $100,000, the winner will receive exactly that amount, even if a large number of gamblers have lost. However, with a fixed prize, the lost funds do not go into the prize pool, so it does not matter.
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The biggest jackpots in casinos
The biggest jackpot in the world was not in a casino, but in the American Mega Millions lottery – it amounted to $656 million. The winner of this colossal sum in 2012 was a participant from the state of Georgia, whose name the organizers did not disclose for security reasons.
Casino winnings were much more modest – the largest were won on the Mega Fortune progressive jackpot slot machine and amounted to €17-18 million. The first was won in 2013 by a man from Finland, and the second two years later by a gambler from the UK.
How to win a casino jackpot
You are probably already wondering: how do you win a jackpot at an online casino? We are sorry to disappoint you, but we do not have the answer, and no one else does either. The fact is that the winner of the super prize is determined randomly using special software – a random number generator.
The code for this software is stored on the servers of the provider and the gambling establishment itself, and no one knows how it works; it is kept secret. Only one thing can be said with complete certainty: the RNG rarely selects players for the super prize and uses the entire database of gamblers available to the platform or slot provider. In other words, it is very difficult to win.
Contrary to popular belief, volatility and the probability of winning the jackpot are not related. This parameter affects regular winnings in the slot without affecting the chances of receiving the super prize. If your goal is to chase the jackpot, we recommend slot machines with low and medium volatility. Thanks to frequent payouts, albeit small, you will be able to preserve your bankroll for a long time, even if the game does not go your way.
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