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Progressive Slot Machine Jackpots

Progressive Slot Machines - Progressive JackpotsA progressive slot machine is one that's linked to a number of other machines, either locally at one casino, or regionally at multiple casinos, in order to provide a bigger jackpot. A percentage of each wager is added to the progressive jackpot for the linked machines, which makes a large, constantly growing jackpot possible.

Progressive jackpot slot machines always have a ticker or meter at the top of the machine showing the current jackpot. Since the jackpot is constantly moving upward, the display is also constantly changing to reflect the growing of the jackpot. This creates interest in players who want to win a big jackpot - not only is the jackpot big, but it's getting bigger!

Max Coin Bets

A popular slot machine myth expounded by slot machine experts is that you should always play the max coins in a machine. That's only true if the machine offers a higher payout jackpot on a max coin bet than it would otherwise. In the case of progressive slot machine jackpots, this is correct. You can only win the progressive jackpot if you're playing max coin in.

Imagine how you would feel if you hit the right combination to win the progressive jackpot of $250,000, but you only win $5000 because you didn't play max coin. I'd feel like an idiot.

So if you're playing progressive slot machines, always make the max coin bet. If you can't afford that, find another slot machine to play.

Progressive Slot Machine Payout Percentages

The payout percentages on progressive slot machines is often lower for most players. That's because a certain amount of that payoff percentage is going toward the progressive jackpot, and the odds of actually ever hitting that progressive jackpot are minimal. It's similar to trying to win the lotto. (Although the odds are actually a lot better, it's still almost never going to happen to you specifically.)

So yes, mathematically, the overall payout percentage over an extremely large number of trials will be whatever the payout percentage is. But practically speaking, you'll probably almost never have enough trials (spins) to ever actually win the progressive jackpot to fully realize that payout percentage.

So the reason to play progressive slot machines is similar to the reason for playing the lottery. You get the chance to win a big jackpot, and a lot of fun can be had imagining what you would do with the big win if you hit it.

Popular Progressive Slot Machines

The most popular and famous progressive slot machines are tied into IGT's MegaJackpots network. At the time of this writing, over 33 different MegaJackpots systems have been rolled out. The ubiquitous Wheel of Fortune slot machines you see in casinos across the USA are tied into a MegaJackpots system.

Other games that are tied into the MegaJackpots progressive network include:

  • Diamond Jackpots
  • Fort Knox Mystery Progressives
  • The Price is Right Slot Machines
  • Beverly Hillbillies
  • Elvis Slot Machines
  • Jeoparty Slot Machines

The list could continue, but it's probably easier to just look for the slot machines with the big LED screen at the top with the ever increasing jackpot next time you visit a casino. Those are always progressive slot machines, and they're often MegaJackpots games.

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