Special Report: The Allure of Progressive Jackpot GamesPublished December 23, 2014 by Amir G
Learn about progressive jackpot games which are all the rage in online casinos with thousands in prizes on an hourly basis.
The last decade in online casino history is characterized among many things also by the rise of progressive jackpot games. Simply put, these games offer a huge bang for the buck for players as they possess the biggest payouts, with ordinary prizes ranging from thousands to hundreds of thousands and millions on a regular basis.
Defining Progressive Jackpot Games
The idea behind progressive jackpot games is quite simple: These are online casino games featuring prize pots which increase as players play and wager. When won, the most popular progressive jackpots usually make it to news headlines as life-changing prizes worth millions are featured frequently. These prizes have the ability to swell due to progressive jackpot game networks which link different games between many casinos.
The most common type of progressive jackpot games comes in the form of a video slot, but there are also progressive card and table games the likes of baccarat, roulette and poker. These games usually require a compulsory side bet from players which can trigger a running jackpot, spicing up the game even more with much bigger prizes. However, progressive jackpot slots are where the big money is.
The Mega Moolah Standard
To demonstrate the potential prizes found in progressive jackpot slots, it is best to use the progressive jackpot world's posterboy, Microgaming's Mega Moolah. This fun and easy safari-themed slot has paid out a total sum of jackpots which can give a fair competition to budgets of small countries.
One prime example for Mega Moolah's allure is the historic prize won by one Georgios M. from Greece whose 5 euro wager brought him a €6,374,599 jackpot back in May 2009. While the sum won by Georgios is indeed very large, the other massive jackpots bestowed upon players by Mega Moolah are not too far off; in December 2012 a UK player won £5.88m. These are examples for the "biggest" wins, but one must remember that there are "smaller" wins all throughout the year.
Winning Frequency and "Smaller" Prizes
Online casino players frequently win "meager" sums between the €1m-€3m ranges playing Mega Moolah and other progressive jackpot games. Jackpots worth millions are not won daily, but these games have a high frequency for jackpots ranging anywhere from $1k to $100k with the sweet spot being somewhere in the middle – there are always big payouts with progressive jackpot games.
The Biggest Progressive Jackpot Games
For online casino software developers, having a progressive jackpot in the gaming arsenal is a sort of staple of quality. Thankfully, software developers excel in that regard with many of the big names offering big progressive jackpot games.
Net Entertainment have left their mark on the world of progressive jackpots with Mega Fortune, Hall of Gods and Arabian Nights, while Microgaming holds the throne with Mega Moolah, Major Millions, King Cashalot and titles like LotsaLoot, Tunzamunni and Treasure Nile. Other honorable mentions include RTG's Jackpot Pinatas and Aztec's Millions and Playtech's Beach Life, Wall St. Fever and the ever-popular Marvel-themed slots which are available in progressive jackpot variations. 888 Casino's Millionaire Genie is also a big name, developed exclusively for the casino.
Where to Play
The highest paying progressive jackpot games can be found at established online casinos in accordance with their powering software platforms. Some good examples for big progressive jackpot online casinos include All Slots Casino, Casino Cruise, BETAT Casino, Slotty Vegas Casino and Moon Games Casino.