Navigate Online Casino Jackpots Like A ProPublished February 24, 2023 by Shane
Elevate your online gambling experience by confidently playing online slots and table games featuring progressive and fixed jackpots. Learn more about FastPot5, the latest progressive jackpot innovation.
Due to the increase in global licensing and regulation, there is an influx of new players looking to learn about how casino games and jackpots work. In this guide to casino jackpots, we will look at the various types of jackpots that you can find at your favourite online casinos and discuss how they work. We even have something that will intrigue established online casino fans as we discuss the latest progressive jackpot innovation by Yggdrasil Gaming.
Fixed Jackpot Games
While most slots offer bonus games, prizes, free spins, and cash winnings depending on your wager, fixed jackpots feature a fixed amount of prize money. This jackpot is also known as a non-progressive or flat jackpot in online gambling.
"Fixed jackpot tip: A jackpot game is less likely to pay out right after a huge win is triggered. While it's entirely possible for that to happen, you can use online tools to help you determine if a jackpot game is "hot" or "cold"."
This type of jackpot slot is almost instantly refreshed when won. The new jackpot amount is available for the next player when someone wins. However, it can still take some time before it pays out again.
Punters who decide to play these games know precisely what prize they are signing up to win, as the winning jackpot is always on display. It's important to remember that winning is not guaranteed, no matter how much you wager.
Progressive Jackpot Networks
When someone plays a progressive jackpot and does not win, the jackpot prize amount increases. Once someone wins the jackpot, the amount refreshes to a predetermined value (or seed amount) and continues to increase, waiting for the next winner.
Progressive jackpot top tip: Progressive games don't always require the maximum wager to qualify for the jackpot. However, the chances of winning are often higher if the maximum bet is applied.
On popular slots, progressive jackpots may seed at a much lower sum, but they will quickly climb. Games such as Mega Moolah by Microgaming have become well-known for this fact and often pay out multi-millions when the jackpot is triggered.
Free spins, special symbols and random features usually trigger Progressive jackpot wins. Specific conditions must be often met to trigger a progressive jackpot feature. These requirements and how to win the prize can be found in the game rules.
Innovative New FastPot5 Jackpot Mechanic
Yggdrasil Gaming, a popular game provider, recently released a new game delivering the company's new Game Engagement Mechanic (GEM), FastPot5. Who doesn't love something new and shiny? The latest slot feature is the most recent and shiniest toy on the block! Unique jackpot options include multiple jackpots all in one game.
Stuart McCarthy, Head of Product & Programs at Yggdrasil, said:
"We couldn’t be more excited to debut the exciting FastPot5 GEM, offering progressive jackpot prizes that are linked to a number of our other hits."
Their new game, Elysian Jackpot, features the new FastPot5 mechanic. This GEM allows the slot to include progressive jackpots linked to other jackpot titles like Jackpot Raiders, Jackpot Express, Frost Queen Jackpots and Atlantean GigaRise - all developed by Yggdrasil.
When punters decide to play this game, they do not just play a slot but instead enter a quest to find gems, trigger different jackpots, use special features and experience a combination of different games and prizes.
Progressive Table Game Action
Whether fixed or progressive, Jackpots features aren't only tied to online slots. You can also find table games and live dealer games that give players a chance to cash in on a huge win.
Live dealer roulette was one of the first non-slot casino games to receive a progressive jackpot. The game allows punters an additional progressive bet opportunity to win a combination of progressive, fixed and mystery jackpots. Just like a progressive slot, the jackpot prize increases gradually.
While roulette is considered a classic game, the slight adaptation to this game makes it even more exciting! Players can continue as they would when playing regular live dealer roulette, but an additional side bet towards the jackpot is available. The jackpot grows with each spin of the roulette wheel until a lucky punter walks away with the lot.
Another jackpot game is progressive blackjack. It works like standard blackjack, but punters can place a side bet to trigger a jackpot by combining the player's two cards with the dealers. Whether a player wins or loses does not affect the outcome of the base game.
When punters opt for the extra jackpot bet, an amount of their wager goes towards the jackpot prize. Of course, like any game, there are conditions or requirements to these games and bets. Players should read the game rules before deciding what they prefer.
Before You Play Your First Jackpot Game
It is important to remember that adding a fixed jackpot or progressive jackpot to a casino game category you already know can change how the game functions quite drastically. This is because in order to claim these high-value rewards, there are specific activation and win requirements that need to be satisfied.
We always recommend reading the game’s introduction screen and in-game rules to ensure you know exactly what you need to do to stand the best chance of claiming your share of the jackpot prize pool. Pay attention to bet size, special symbols, and the payouts for specific mini-games.