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Progressive Jackpot Slots: Strategies, Tips, and Odds

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Progressive jackpot slots

Online slots are the most popular type of game at online gaming platforms, including BetPlays. There’s nothing mysterious behind their popularity. The amazing rewards and fun gameplay are the main reasons why they keep ahead of the pack. Progressive jackpot slots offer truly amazing rewards, with fantastic seed values that beats any regular slot game.

In this guide, we’ll talk a bit more about progressive jackpot slot games and how they work. From the contribution rate to the odds, it’s everything you need to know about these games before playing for real money at BetPlays.

What Are Progressive Jackpot Slots?

Progressives are jackpot titles that have a pooled prize that keeps growing until won. To understand how progressive jackpots work, players should familiarize themselves with fixed jackpots. These are jackpots with a fixed prize, for example, 2,000 coins for filling the grid with special symbols.

Progressive jackpot gamesare different. They have a seed value that grows and is fueled by a small part of each bet. Some are capped, others aren’t. They both have one thing in common – one lucky Canadian player can win the large pooled prize at BetPlays. That’s what makes them the highest-paying slots in Canada.

Some progressives are linked machines, where the prize grows from bets on several slots. The practice is the same. Players can win the progressive prize on any of the linked slots, on a first come first served principle.

Regarding the winning mechanism, it differs. In most cases, players win progressive jackpots by placing a higher than the minimum bet. Some will ask players to max out their bets to hunt for the jackpot. Other progressive jackpot slots will use a different mechanism, such as hitting a particular set of coins or filling out the grid for the ultimate prize.

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Pros and Cons of Progressive Jackpots

Pros Cons
Offer life-changing prizes The chances of hitting a progressive jackpot are slim
The mechanics are often no different than regular online slots Some slots require a max bet for jackpot eligibility
Modern jackpot slot games are stacked on features Free spins bonuses are usually not available on jackpot games
Some progressives don’t need a maximum bet for the large win /

Types of Progressive Jackpots

There are several progressive jackpot types players should know about. They’re almost identical in terms of prize, but differ in terms of the issuer.

Local vs Network

A Canadian local progressive is casino-specific. It means that the meter grows from wagers placed from that property. This also means that the jackpot prize is smaller and cycles often.

Network progressives, also known as wide-area jackpots, are provider-wide. They pool wagers from several locations into a pooled network. Thanks to this, the prizes are larger, which makes for some headline wins. However, the progressive jackpot odds are much lower and the volatility is higher.

Must-Drop and Daily Jackpots

Must-drop progressive jackpots have prizes that must hit before reaching a certain cap or a pre-determined time. As the meter comes close, the probability gets tighter, so players have a better chance to hit the feature during this period. Of course, there’s no guarantee that the jackpot will drop.

Daily jackpots Canada reset after paying, then rebuild from a seed value. The countdown range is often displayed while playing the jackpot. As the end draws near, the chances for the progressive prize increase.

The largest progressive win ever is over $42 million on the WowPot Mega slot on December 23, 2023. Other record progressive jackpot wins are around half of that, most won on another Microgaming hit – Mega Moolah.

 

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Progressive Jackpot Odds

There’s a great different between fixed-prize jackpots and the progressive jackpot odds. Progressive odds are set by the RNG model and the triggering mechanism. However, just because the meter grows doesn’t mean the odds are heating up. Every spin is independent, and the jackpot prize may drop at any time.

The RTP in progressive jackpot slots is split between the base game and the contribution that fees the pot. Dry spells are expected and are usually follow by spikes. In progressive jackpots, RTP figures are typically thinner, as slices of each bet power the top prize. In short, the major payouts are always on the rise, but in the base game, the sessions can be choppy. In general, progressive slots odds don’t change with bet timing. The RTP versions, special mechanics, and eligibility rules are among the most important factors.

Progressive Jackpot Slot Strategies

When playing progressive slots, there are a few strategies that can be helpful. We’re saying helpful as there’s no surefire way to win on progressive slots. Many Canadian players might suggest hot streaks and timing as the most important factor, but the truth is that your session budget and game selection matter even more.

Before playing a progressive jackpot slot for real money, players should choose the proper game. You’ll find the top selection of jackpots at BetPlays, all from renowned providers. Make sure to check out the side bet mechanics or if the slot needs a minimum bet to qualify. Pick the latter only if you’re comfortable with the bet size for the jackpot. Some need players to maximize their bets for jackpot eligibility, which can prove too costly.

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Playing responsibly is a must if you’re looking for extended sessions – which you’ll need. Progressive slot games require a bit more grind than the usual, as there’s no way to know when the jackpot can drop. In terms of must-drop jackpots, wait for the proper timing must-drops for a higher chance at the ultimate prize.

Keep your session budget clean and aim to get the most out of your bets. If the slot requires a higher minimum bet for jackpot eligibility, raise it only when you’re feeling comfortable. Progressive jackpots are notoriously hard to hit, so there’s no point in spending a lot of money for nothing in the end.

In short, you’ll need to do this to get the most out of progressive jackpot slots:

  • Set a budget and stick to it
  • Consider the slot’s volatility and mechanics
  • Play must-drop jackpots near the drop time
  • Keep your bets small if the slot allows it to get a chance at the progressive jackpot over extended sessions

Responsible Gambling

Canadian players should always aim to play responsibly regardless if they’re going for a progressive jackpot slot or a regular one. BetPlays is dedicated to responsible gaming, with links to many helpful organizations such as BeGambleAware.
Players in need shouldn’t hesitate to get in touch with the agents and seek help. Professional help is available via the listed organizations. Players can also set deposit limits and cool-off periods, all with the goal of preventing gambling addiction.

Players in need shouldn’t hesitate to get in touch with the agents and seek help. Professional help is available via the listed organizations. Players can also set deposit limits and cool-off periods, all with the goal of preventing gambling addiction.
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