Gambler's Oasis was founded on the principal of providing top quality casino slot machines and gaming devices to your home at the most reasonable price. Whether you want one slot machine or twenty slot machines, your home game room can become an oasis, a refuge, a haven for fun for you, your family and friends. For example, many slot machines use the traditional slot symbols like ‘cherries’ ‘bars’ and the ‘big 7’. A jackpot on this type of machine might be 5,000 coins for three 7’s (7-7-7). Slot machines with non-progressive.

There are many different types of slot machines, but one of the easiest way to breakdown categories of games is by determining whether or not it is a progressive. A progressive slot machine pays out more each time that a player spins, but does not win the jackpot. For example, if a machine has a $1,000.50 progressive meter, and you play one losing spin, the jackpot would then rise to $1,000.51, or another close figure. This is a very simple example of how progressive slots function.

Many slot machines, especially the most modern games, have multiple progressive jackpots in one. Games like Quick Hits, for example, have several tiers of jackpots. The lowest jackpot will be the easiest to hit, the highest will be the toughest to hit. You may need X amount of symbols to hit the lower progressive jackpot, and x+4 more symbols to win the highest progressive. Some games are more complex than others, however, and jackpots may be earned in different ways.

How Progressive Jackpots are Created

A progressive jackpot may seem confusing because of the large dollar amounts at hand. It doesn’t make much sense that a $2.50 Wheel of Fortune Slot would have a progressive payoff of $200,000 or more, but they frequently do. The common misconception is that this machine alone has collected over $200,000 in losing wagers that are now up for the taking, but this is not true. Instead, popular games like this are part of “linked” machines, usually across many casinos. If you are in Las Vegas, for example, all of the WOF spins may be pouring into the same pool of money. This is how the total jackpot size can be so large, even when the spin denominations are very small.

The actual amount that a progressive increases with each spin will be very small. The total increase will be as a percentage of your bet, combined with the house edge for the casino. If the expected win for the house on a $5 progressive slot spin is 7%, that would mean a 35 cent gain on every spin. Since it is a progressive, perhaps 2% is taken from this and contributed to the progressive jackpot total, in this case, 10 cents per spin. 10 cents per spin may not seem like a lot, but when there are millions of spins taking place across the US day in and day out, the total prize pool can rise quite rapidly.

How to Be Eligible for a Progressive Jackpot Win

The biggest caveat to being able to win a progressive slot machine jackpot is playing the max bet allowed. Almost every progressive slot requires that the player complete a max wager in order to potentially win the listed jackpot. Yes, this means that you will need to have a larger bankroll to play, but you will be sacrificing a lot of value by not betting.

While betting the maximum possible, you will be giving yourself the best chance at a positive return, regardless of how many actual dollars you are putting at risk. If you can not reasonably afford to place max bets on a progressive slot, we suggest to instead play an entirely different machine. You are chasing a low ceiling if you are placing wagers that do not have any way of potentially cashing in on the progressive jackpot. Progressives are available at virtually every wager limit though, so you can bump down in stakes and still enjoy the rush of a progressive machine, even if you can’t play at high stakes.

Fixed Jackpots vs. Progressive Jackpots

When you see a slot, you may notice a big potential win advertised at the top of the machine. For lower limit games, this might be $5,000, while for $25/spin games, it may be $100,000. Whatever the total may be, you shouldn’t confuse these slots with progressive machines. The total looks the same as it does on a running progress, but these numbers do not adjust; they are simply the max win possible on that particular machine, represented as dollars instead of credits.

Related Posts:

What does a progressive slot machine look like

Slot machines are big business in the gambling industry. You can win big money from a small bet – and they’re easy to play. The question we all want to know is: how to pick a winning slot machine and find the ones that pay out the most?

1. Pick slots with the highest “Return to Player Percentage”

If you’re looking for slot machines that are most likely to hit, then you want slots that have the highest percentage of RTP.

Essentially, the higher the RTP percentage, the more likely the slot is to pay out.

How is RTP calculated?

Well, if you take a slot that has an RTP of 94% then the theory is that if you put $100 into the slot then you could expect an estimated return in winnings of $94 (over a long period of time). Obviously, that’s a rough guide and is not the case for every player.

2. Scan message boards and threads online

The likes of TripAdvisor forums and Reddit often have slots players sharing their experiences of trips to places such as Las Vegas, Atlantic City, and Macau. These players will then often highlight slots at casinos where they have enjoyed decent pay outs.

You can also pick up handy tips and tricks from other players.

3. Use casino comparison sites

If you don’t want to spend time trawling threads looking for online slots with the best payouts, a great place to look is on comparison sites that offer independent online slots reviews.

You’ll find slots with the best RTPs as well as a list of the online casinos offering the games and, best of all, you don’t have to lift a finger.

4. Research game developers to find out which offer high RTP%s

For players starting afresh, a fair bit of research will be required to find out where to find the slots most likely to hit. It won’t take long before certain trends start to appear.

Slots by the same developers constantly being mentioned, certain casinos being identified as possessing loose slots, and slot machines by name that have proven to be big earners for players.

Online software developer Playtech has a reputation for releasing slots with high RTP percentages. Slots such as Goblin’s Cave, Ugga Bugga, and Ocean Princess all offer above average RTP.

Other developers such as Barcrest, WMS, and NetEnt are also renowned for their slots with high RTP.

What

5. Avoid games that hardly ever pay out

On the flip side of tip #4, it will also be worth taking note of the slots that are notorious for not paying out. The more slots you can add to a blacklist of bad earners helps to narrow down the slots that can be labelled for their higher payouts.

A number of slots have been highlighted by players as games to avoid due to their low RTP. The likes of Wish Upon a Jackpot by Blueprint Gaming, Adventures in Wonderland by Ash Gaming, and King Kong by Cryptologic frequently appear on such lists.

How do slot machines work?

You insert money, spin the reels, and wait to see if you won anything. It’s simple. But inside the machine it’s a bit more complicated than that.

Best Progressive Slot Machines

Slot machines work by using a complex piece of software, known as a random number generator (RNG). This determines the results of every spin. So when you spin the reels, the RNG ensures that whatever outcome it produces is totally random.

Some people might sit and play slots for hours on end, winning nothing, while someone else may come along and win on their first spin.

And when they pay out, they really pay out…

Progressive Slot Machines Tips

Slots pay out how much each day in Vegas?

The Nevada Gaming Control Board found that in 2017 there were 38,434 slots in operation across 40 locations on the Las Vegas Strip. It was estimated that those machines generated revenues worth $269,527,000 per month. That equates to an average slot generating $226 per day.

What Do Progressive Slot Machines Look Like Money

This figure is even more startling when you consider that most slot machines have an RTP (return to player) over 90%. The average slot pays out at a rate of 93-94%. That gives an insight into how much money is pumped into the machines each day.

It should be noted that these figures might be for Las Vegas but it is a trend that echoes around the world. The RTP is dependent on the manufacturer rather than the casino. Slots developers can set a range for the RTP but the casinos must stick to offering an RTP within that range.

What Do Progressive Slot Machines Look Like Pimples

Progressive Jackpots FTW

One of the big draws of slot machines is the fact that they can create millionaires in an instant. Progressive jackpots online offer prize money that is on a par with national lottery games.

On September 28, 2018, a record-breaking progressive jackpot win of €18,915,721 was triggered by an anonymous player on the Mega Moolah slot by Microgaming at Grand Mondial online casino. It’s paid out over a whopping €874 million since it began.

A number of other slot machines have paid out crazy sums of cash in the past. On January 20, 2013, an anonymous player won €17,860,868 on the Mega Fortune slot by NetEnt at the Finland-based Paf Casino. Online progressive jackpots are crazy popular because the minimum bet values are lower than at land-based casinos and the convenience of accessing them remotely or on the go makes them more appealing than trekking from casino to casino by foot.

Machines

Progressive jackpots are not restricted to online slots, though. The largest ever payout on a slot machine came back on March 21, 2003, when a 25-year-old engineer from Los Angeles triggered a jackpot worth $39,710,826 on the Megabucks slot at the Excalibur casino.

The Megabucks slot has also paid out sums of $34,955,489 to Cynthia Jay-Brennan on January 26, 2000, at the Desert Inn casino. $27,570,879 to a 67-year-old retired flight attendant at the Palace Station on November 15, 1998, and $22,618,156 to Johanna Huendl at Bally’s on March 27, 2002.

You are more likely to win on a game with a smaller jackpot over these huge progressives, however, it’s still possible to get lucky and scoop a massive cash prize off just one spin.

Slots are a beast in their own right. You can spend all day playing the slots with the highest RTP and get nothing. Then you could have two spins on a slot that is reputedly dry as a bone and hit a big payout. Sometimes the only way to find out what works and what doesn’t is to get out there and spin those reels yourself.

Sources:
https://gaming.nv.gov/
https://www.tripadvisor.co.uk/ShowTopic-g45963-i10-k21393-Which_slots_are_easiest_and_best_to_win_on-Las_Vegas_Nevada.html
https://www.reddit.com/r/gambling/comments/8akung/what_are_some_practical_tips_from_seasons/
https://www.microgaming.co.uk/News/Multiple-millionaires-made-on-Microgamings-Mega-Moolah
https://lasvegassun.com/news/2012/may/23/nine-biggest-las-vegas-jackpots/