Progressive jackpots are the most sought-after games at online casinos in the Philippines. This guide covers everything you should know.
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Successful Guide to Progressive Jackpots
Online casino gambling is becoming increasingly popular in the Philippines nowadays. Many online casinos offer players a wide variety of games including slots, blackjack, roulette, and poker. But recently online slots with progressive jackpots are gaining traction due to the massive potential payouts. Besides being simple and fun to play, these games are available for both low and high-stakes players.
Moreover, fair results are guaranteed as the games are built with Random Number Generator (RNG) software. Besides, players can try out new or their favorite games for fun before betting with real money. If you’d like to learn more, this complete guide has everything you should know about progressive jackpot slots. We’ll walk you through how the games work, the winning odds, the different types, and our top tips for winning.
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Defining Progressive Jackpot Slots
Simply put, a progressive jackpot is a prize that keeps increasing with every bet players make on a slot game. Unlike standard online slots with jackpots, progressive jackpots are connected to different online casino sites. So, the prize in these games can rise from a few thousand to millions within a very short time. Basically, the casino deducts a percentage from every wager you make and adds it to the prize pool.
Of course, one of the reasons many Filipinos choose progressive jackpot games is that they don’t need a big budget. Besides, progressive jackpot slot games tend to pay much bigger prizes than regular online slots. However, the hit frequency is not as high. In other words, progressive jackpots offer huge prizes but they’re harder to win.
How Do Progressive Jackpots Work?
Actually, how progressive jackpot games work is pretty simple. First, these games follow the same rules as standard online slots. But the difference is that the prize in progressive jackpots grows steadily when players make real money wagers. Simply put, a small percentage from each bet contributes to the prize pool until a lucky player wins. When the jackpot falls, it resets back to the seed amount.
For instance, a slot can take 10% of each wager and contribute it to the progressive jackpot prize until someone wins. This amount then resets to the seed value, to which the accumulated amount from the overall jackpot contributes. Usually, 1% goes to fund the seed, and 9% goes towards the prize pool.
Of course, the size of the progressive jackpot varies from one slot game to another. Depending on the game and provider, the jackpot can be divided by size into mini, major, and mega jackpots.
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Win Mechanics in Progressive Jackpot Slots
Fortunately, playing progressive jackpot slots doesn’t require skills or strategy. Nevertheless, it is vital to know how the win mechanics work. A progressive jackpot slot can be won in several ways:
Spinning the Jackpot Wheel
The most common way of winning a progressive jackpot is by spinning the jackpot wheel. In this case, the wheel has many slots and a fixed pointer at the center. So once the wheel stops spinning the payouts are made. Although this mechanic is simple, the chances of hitting the maximum prize are not high. Moreover, many progressive jackpot slots require you to match certain bonus symbols during the base game to trigger the jackpot wheel.
Collecting Symbols
Filipinos can also win the progressive jackpot by collecting a set of corresponding symbols in a mini-game. Basically, you are presented with different objects, which are the symbols for one of the prizes. You win the jackpot prize by collecting three of these symbols.
Matching Symbols
Matching symbols is a classic way of winning a progressive jackpot slot. As the name suggests, it involves matching certain symbols on the slot reels. But since these games have a bigger prize, matching a specific symbol is not as simple as it appears.
Odds of Winning Progressive Jackpot Slots
Since progressive jackpot slots involve a large amount of money, the odds of winning can be very low. But to determine the odds of winning you must look at the number of reels and symbols. Additionally, you must consider the different ways a jackpot is triggered. Keep in mind that these variables will be different across progressive jackpot slots. This is especially so when it comes to the house edge or the casino’s advantage.
Moreover, these games have a payout percentage to players or RTP. Generally, it can range between 90% and 97% of the amount spent. Also, and importantly, the jackpot prize is paid by the game developer and not the casino operator. Fortunately, these companies ensure that even if you don’t win the jackpot prize, you can still benefit. The perks can include free spins, multipliers, bonus rounds, and many others.
Popular Types of Progressive Jackpots
While the main concept of progressive jackpots is the same, each game has unique features. For example, you will come across stand-alone slots while others are networked to various other casino platforms. These are the different variants of progressive jackpot slots available in the Philippines:
Stand Alone Progressive Jackpots
In the case of the stand-alone progressive jackpots – part of the player’s wager contributes to the overall jackpot prize. Usually, the traditional stand-alone slot machines display the award on the screen to allow players to watch as it increases. Though these games are popular, they don’t offer as many payouts as other progressive jackpot slots.
Wide Area Progressive Jackpots
The Wide Area Progressive jackpot slot machines are the most popular type. The best thing about them is that a network can connect land-based to online casinos. However, the portion allocated for the jackpots in these games is lower because of the high cost of linking the machines. Moreover, the odds of winning big are very slim.
Proprietary Progressive Jackpots
The proprietary progressive jackpots or local progressives are multiple slot games connected to each other under one roof. The connected games can be from 10 to 100, and the jackpot prize is displayed on the screen. The good thing about these games is that they have generous payouts compared to other standard slot machines.
Mastery Progressive Jackpots
While mastery progressive jackpot games are rare on the market, they pay much better than other progressive jackpots. Basically, these games allow you to win by paying off at random points. Moreover, they don’t require matching symbols to play.
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Top 5 Tips to Win Progressive Jackpots
Unfortunately, the chances of hitting a progressive jackpot are very minimal. But with these tips and tricks, you can maximize your opportunities of winning in any game:
Have a Budget
The first thing to consider is how much you wish to spend on a given progressive jackpot game. Keep in mind that slots are immersive, and you can easily be carried away. Therefore, you must set your budget before you start playing.
Learn the Game Rules
If you want to win big in any game, start by learning the rules. Learn how the game works, the RTP, symbols, and different bonus features for an optimal opportunity to make good decisions.
Read the Terms of Use
Another vital thing is to read and understand the terms and conditions of the specific progressive slot you are playing. For instance, you must know how the game contributes toward the wagering requirements. The same applies to the withdrawal limits on jackpot wins or the time it will take to cash out.
Consider Slot RTP
Progressive slot games have varying return-to-player percentages or RTPs. Experts recommend higher RTP slots with a low variance rate because the risk is very small, and the payouts – bigger.
Maximize your Stake
Some progressive jackpots require Filipinos to play the maximum bet to trigger the top prize. So, try to pick casino games that allow you to maximize your winning opportunities with low and high stakes.
Conclusion
If you are looking for highly entertaining casino games with significantly bigger payouts, progressive jackpot slots are the best. The good thing with these games is that you don’t have to be an expert to play. Besides offering big payouts, they have lucrative bonus features like free spins, and multipliers to maximize your winning opportunities. But make sure you learn the ins and outs of a game before playing in real money mode. All you need to start is a good gaming destination which you can find in our casino reviews.
FAQ
The odds of winning a progressive jackpot will vary depending on the game and the software provider. It can be 10,000 times in one or even more.
Yes, progressive jackpot slots are designed for small screen devices like smartphones and tablets.
Not if you don't want to, but some progressive jackpot slots require you to play with the maximum bet.
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