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The Different Types of Jackpot

An online Jackpot is among the incredible features that a casino can offer to bettors. A jackpot gives the players a chance to scoop huge amount of money than normal. But you really need to have patience and Lady Luck on your side to win it. The good thing is that nowadays, you can play casino games on your phone in the comfort of your home.

With a wide range of gambling games and even more casinos offering them, there are different types of Jackpots. However, most jackpots have certain features in common. The following are some of the different types of jackpots available in online and land-based casinos.

  1. Fixed jackpots

Fixed jackpots are classic slots that pay out a specific amount every time a player wins them. A majority of slot games offer a fixed jackpot.  A fixed jackpot may for instance, be 500,000 coins, despite how much you bet, or it may be 100 times your bet. The prize never grows huge, but is filled and available to be won the moment it is hit.

Since the jackpot is built into the game, the amount a player wins is not based on the amount fed. You can hit the jackpot twice consecutively and receive the same amount each time.  But remember to check out the specific betting requirements when you are playing online.

  1. Progressive jackpots

With progressive jackpot, the pot keeps accumulating until it is won and the cash claimed. For instance, a progressive jackpot can keep going up until a player wins and takes up the prize. On the other hand, if nobody claims the pot, it will continue to “roll over”, making the game quite interesting.

With progressive jackpots, a certain percentage of every wager is added to the grand prize. The total prize keeps growing with every spin until all the winning requirements are met. Once the jackpot is claimed, the process starts all over again.

There are different types of progressive jackpot, including mega moolah progressive jackpot, standalone progressive jackpots, etc.

  1. Multiple jackpots

Majority of these huge slot games offer many jackpots to enable the players have better chances of winning. For instance, Hall of Gods has a network mega jackpot with two smaller pots. All the three jackpots are made up of the player’s bets, but the smaller pots may be available to a particular casino or country.

  1. Network jackpots

There are games that are part of a ‘network jackpot’, where each casino that host the particular game pools into the same jackpot. These types of jackpots can go up, but as always, the players should check betting conditions and limits in case the site they are playing on has some extra rules. These rules vary from one site to another; for instance, you may find a site that states that players cannot win on free spins, or players should place a wager on a minimum amount, or some sites may not offer bonuses.