Whether it’s online or land based, the bread and butter of casinos are its slots - mainly online slots. There are different types of online slots but the most popular type is the progressives. Progressives are popular because they are capable of doling out huge jackpots. We're talking about jackpots in the millions.
Progressives pay out the highest jackpots, even higher than the classic online slots. The reason is that each bet made by a player automatically is thrown in the jackpot pool. If the progressive is part of an even larger network of progressives, then the jackpot pool is combined, that means, you hit one progressive online slot, you win all of the jackpot pool combined from the other progressives in the same network.
Among the bigger networks, the jackpots are huge. On some, the starting jackpot is $10,000,000 and it can swell to a massive $30,000,000. Don’t be surprised by the amount of money it can reach. The more players flock to their online slots, the larger the money offered.
Obviously the odds of winning on a progressive online slot are larger than on a classic online slot. With classic online slots, the odds of winning don't increase or decrease with the swelling of the jackpot.
Online progressives are for players looking for massive jackpots. Conservative players tend to play the classic online slots. Players' bankroll lasts longer on classic online slots.
If you want massive jackpots, be sure to play on progressives that are part of a large network. Some progressives have only one online slot. It's fruitless to play on progressives like these because you bet the same amount of money. Remember that progressives only pay jackpots if the maximum bet is placed. It’s important to follow this rule when playing progressives.