Big Jackpots When Playing Online Slot Gambling – By playing online slot gambling games you as a player can get wins and jackpots in various ways.
Having the same jackpot awarded from a number of different machines (often spread over a number of different casinos) means these progressive jackpots can quickly grow to be very large. I have heard of casinos in Las Vegas where slot players have won over $8 million in a single win on the progressive jackpot.
How Progressive Jackpots Work
Progressive Jackpots grow by embezzling a certain amount of money from each bet; this means that their payout rates on normal wins (non jackpot wins) are lower than regular slot machines. But if you take into account the progressive jackpot, the payout will be the same.
For example if you play in a Las Vegas casino on a linked progressive slot machine with a fixed bet of $5 per spin. Your money can be divided as follows, 25 cents added to the progressive jackpot, $1.25 goes to the casino and the remaining $3.50 is paid out in non-jackpot winnings. However, if you play non-progressive megaslot games in the same casino, chances are that your money will be divided as follows. $1.25 to the casino and $3.75 paid out for winnings.
The example above assumes the casino has a payout rate of 75%, in fact slots at land-based casinos usually have a payout rate ranging from 70% to 87%. This is in stark contrast to online casinos which usually have payout rates from 89% to 99.5%!
So in a typical online casino with a payout rate of 95%, the money you pay for $5 per spin of the online progressive jackpot slot will be divided like this. $0.25 for the online casino, $0.25 is added to the progressive jackpot and the remaining $4.50 is paid out in non-jackpot wins.
Given these statistics, it’s not hard to see why many hard core slots players are now playing online from their computers.
Progressive Jackpot Game Online
So apart from the free drinks, playing online sounds more profitable as a player (because you have to win more). But I’ve already said how big the jackpot is at land-based casinos, so your next question is how big is the progressive jackpot at online casinos? The answer is that they are growing all the time, the current record is $1.76 million and what is interesting is that the same slot machine that paid for it in December 2005 currently has a Jackpot of over $3.5 Million and is still growing! The slot game in question is the millionaire club progressive jackpot slot and when this jackpot is finally won it will set a new record as the highest progressive slot jackpot of any online casino to date. I have no doubt that even after it has been won, a new record will be set in less than a year, the growth rate of online progressive jackpots is amazing, just a few years ago the jackpots were slightly more. $1 million holds the record. In my opinion, in the next few years the highest jackpots will be paid out from online casinos.
So how do you pick a winner?
Choosing which progressive jackpot to play isn’t really that complicated. Once you know where the progressive jackpot starts, what is the highest payout and what is the average payout amount. There are a number of slot sites that provide you with this information including a progressive jackpot review at slotsjam.com.
Obviously the jackpot in question is higher than its historical average, the payout odds are greatly increased, and if the value is higher than the previous highest payout, your odds increase even more. So if you’re after the biggest jackpot, don’t play the game right after the jackpot is won, instead wait until after the game’s historical average payout has passed for the best chance of winning big.…
Manual Strategy For Playing Slots Online – In playing online slot gambling games there are various strategies to win it, one of which is a manual strategy.
It sounds like you’ve heard of people inventing the latest card batting system, or winning at Texas Hold ‘Em, but what about pragmatic slot machines?
Correctly. You can improve your performance at slots by sticking to a highly developed plan designed to increase your slot machine earnings! While the basic technique may be slightly different from knowing how to bluff or reading a poker face, it is still an effective system for generating income.
These tips can be used to play slots over the internet, or used on metal slot systems to increase the frequency with which you can make the bell ring.
To begin with, there is one small thing that you should know about internet slots, if you intend to enjoy them. The truth of the matter is that they are no different from physical slot machines, as far as the game goes. Slots use a digital system to predict when to pay the next user. If it’s just random, it can cash out too often and make the casino lose money, and if it doesn’t give enough, no one will play the slots! The balance is so fine, that computing devices are used to keep track of the number of games. So just because a slot game is played on the web, don’t automatically think that it is more random or there are more chances than when you play regular slots!
Slot strategies usually rely on trying to figure out how many machines have cashed in so far. If you can determine how often the slot machine system cashes out to customers, and how long it’s been since the last payout, you can determine how “hot” it will be.…Continue Reading...