Progressive Jackpot App
Progressive jackpots aren’t limited to slot games. You can win them playing video poker games. Even some table games feature progressive jackpots. Take Caribbean Stud as an example. To qualify for the progressive jackpot, a player must place a side bet. Of course, the side bet is optional, but you won’t win the jackpot unless you place it. The Big Jackpot app gives direct access to all, slot games, slots, online tournaments, huge progressive jackpots, live videos, jackpot gallery,event info & daily contests with prizes! The Raja is a slot high roller and these are his videos of slot machine wins from casinos across the country.
A progressive jackpot is a large cash prize that increases over time through the accumulation of a percentage of all lost bets. Most of the time the player is required to bet a certain amount or make a special side bet before each hand in order to be eligible to win these giant prizes. Due to their snowballing nature, these jackpots can sometimes reach up to millions of dollars so they are clearly worth learning about!
As soon as a player hits a progressive jackpot they will be rewarded with a percentage of the jackpot prize. The percentage of the jackpot that a player will earn depends on the game’s specific pay tables as well as the strength of the player’s hand.
Most people think of slot games when they think of a progressive jackpot, but the fact of the matter is that table games offer a ton of progressive jackpots as well. Some examples of table games that include a progressive jackpot are Caribbean Stud Poker, Progressive Let It Ride and Blazing 7’s Blackjack.
How to Qualify
Most of the progressive jackpots in table games do not require a maximum bet in order to be eligible to participate. Instead, they require an additional bet to be made on the side of your normal bet which ensures that you will receive the jackpot if you qualify. There will normally be a special circle or slot that you must place a specific number of chips in if you want to be a part of the side bet.
As far as hand strength goes, the exact specifications for winning these jackpots will vary from game to game. However, if you fail to make the side bet it does not matter what the specifications are because you will be ineligible to win the jackpot anyway.
Most of these table games will require you to make your special progressive jackpot side bet every single hand. There is usually no option to auto-bet on this extra option so you have to be on your toes and remember to do it every time if your game plan is to play for the jackpot.
Profitability
The average return on most casino games is usually going to be under 100%, which is how the casino makes their money. Even in progressive jackpot games where the jackpot amount is larger than the top payouts for other games of similar stakes, the house edge is still tough to overcome.
However, in some games, it is possible to calculate how high the progressive jackpot needs to get before the average return for each player goes above 100%. Anytime a bet gives a player an average return of over 100% then it becomes a positive expectation bet because they will make money if they repeat them millions of times.
The best way to calculate the sweet spot amount that a progressive jackpot needs to reach in order to give your bets a positive expectation is to analyze what the average payoff is with various jackpot amounts. You can calculate the average payoff for each prize on the payout table by multiplying the amount of each payoff by the frequency of each payout. As soon as these average payoffs all add up to more than 1 then you know your bets will have a positive expectation.
If you simply wait around for jackpots to reach an amount that is above this sweet spot, then technically you can be a profitable player in the long run. However, it is important to remember that the long run is extremely long and it could take decades to get anywhere near enough volume in by using a highly selective jackpot strategy.
Even if a game is profitable due to its sky-high progressive jackpot, you should always use proper bankroll management when playing these games since most of your returns will come from the top two or three hands which are extremely tough to hit. There is no reason to use your rent money just to chase a dream of winning a jackpot that hits 0.00001% of the time.
Types of Progressives
Fortune Pai Gow Poker
This version of the extremely popular game Pai Gow Poker allows each player to place a side bet before each hand in order to be eligible for the progressive jackpot. This side bet will cost you a total of $1 at various Vegas casinos such as the Wynn and the Golden Nugget, while in some places it can reach up to $5.
Like most progressive jackpot games, Fortune Pai Gow rewards their progressive jackpot to anyone who hits the best hand possible. If you are unfamiliar with the game of Pai Gow you might expect this hand to be a royal flush but it is actually a seven-card straight flush. It does not matter which order your cards are in or whether there is a joker involved since you will be rewarded with 100% of the jackpot either way.
What sets this Pai Gow progressive jackpot apart from others is that they also reward any player who hits five aces with 10% of the jackpot. You do not need to make any extra bets to be eligible for this smaller jackpot since it is included in the aforementioned 1$ side bet.
The breakeven sweet spot that the jackpot must reach in order to make this game beatable is right around $243,000. However, you might spend a lifetime looking for a Fortune Pai Gow progressive jackpot that has reached this high. If you do find a jackpot this high, you will need to play on that table for quite a long time since a seven-card straight flush only shows up once every 676,066 hands.
Progressive 3-Card Poker
If you wish to qualify for the progressive jackpot in Progressive 3-Card Poker you will need to make a $1 side bet at the beginning of each hand. After each hand, a small percentage of all wagers will be added to the jackpot amount which is common in progressive jackpot games.
The only way to win the jackpot in Progressive 3-Card Poker is to hit a mini royal flush which consists of an ace, a king, and a queen. The only catch is that the royal flush must be in the suit of spades or you will not win the jackpot. The odds of hitting this jackpot is one in every 22,100 hands, which is pretty frequent compared to other games.
The breakeven point that this jackpot must reach in order for the house edge to become less than 0% depends on the specific paytable and how many players are at the table. For most pay tables, this breakeven point is approximately $11,000 and you can subtract $175 from that amount for each player at the table.
Caribbean Stud Poker
Finally, we come to a table game that has a progressive jackpot built into the original version of the game. Thanks to this rare feature, you will not have any trouble finding this game in most casinos on the internet or anywhere around the world.
Much like many of the other progressive jackpot table games that we have already talked about, you will need to make a special side bet of $1 before each hand is dealt to qualify for the jackpot. Normally, around 60-70% of every side bet will contribute to the progressive jackpot amount.
The question that everyone should be asking at this point is whether or not this $1 side bet is a profitable bet to make. The answer to this question depends on the specific paytable that your Caribbean Stud Poker table uses and how high the jackpot amount is.
There are many different types of pay tables in existence for Caribbean Stud Poker and they vary wildly as far as how the progressive jackpot is distributed. While some paytables only pay 100% of the jackpot for a royal flush, some tables also pay out 10% of the jackpot for a straight flush and 1%-5% of the jackpot to a four of a kind.
When it comes to the breakeven point that the jackpot must reach in order for the game to become profitable for the player, the amount can vary greatly depending on your payout table. This is no exaggeration since this range is anywhere from $29,000 to $425,000. It might seem like common sense, but the paytables that include percentage payouts for more than just a royal flush are the ones that have the lowest breakeven points.
Progressive Let It Ride
Let It Ride is a common casino game that occasionally offers a progressive jackpot. In order to qualify for this progressive jackpot, you need to make a “Jackpot Bet” of $1 before each hand begins.
If you manage to hit a royal flush, which happens 0.0001539% of the time, then you will win 100% of the progressive jackpot amount that is displayed on the meter. If you land a straight flush, which happens 0.0013851% of the time, then you will be rewarded with 10% of the total progressive jackpot amount.
The breakeven point that this jackpot must reach before the house edge is negated is $142,161. While this might seem like a large amount, there have been many large jackpots in the past that caused the house edge to be diminished all the way down to -30%.
Progressive Blazing 7’s Blackjack
Blazing 7’s is a variation of blackjack that rewards a certain percentage of the progressive jackpot to those who make a special side bet and then hit a strong enough hand. The side bet that you need to make before every hand in order to be eligible for this progressive jackpot is usually between $1 and $5.
While these games will always use six decks, the pay tables will be quite different from casino to casino. This results in a wide range of possible breakeven points in this game and it all depends on which variation and pay table you are using.
The top hand on the pay table will always receive 100% of the jackpot, and the second best hand possible will receive 10% of the jackpot amount. The top hand is usually going to be three suited sevens or three diamond sevens, and the second-best hand is usually three suited sevens or three colored sevens.
The breakeven point that the jackpot must reach at a Blazing 7’s table before any player has an edge is always going to vary greatly depending on the pay table and the size of the side bet. The pattern that can be found here is that the smaller the side bet is, the less the breakeven point will be. You can easily deduce this by seeing that the range of jackpot breakeven points on a $1 side bet ranges from $20,000 to $100,000 while a $5 side bet features a $100,000 to $500,000 breakeven point range.
Progressive Ultimate Texas Hold’Em
Ultimate Texas Hold’Em is a special variation of the popular poker game No Limit Hold’Em which commonly features a progressive jackpot. After you make the required side bet of either $1 or $5 you put yourself in the running to win a percentage of the progressive jackpot.
The only ways to win a piece of the progressive pie in Progressive Ultimate Texas Hold’Em are to hit a royal flush or a straight flush against the dealer. A royal flush will commonly pay 100% of the jackpot amount while a straight flush will usually pay 10% of the jackpot amount.
If you discount those top two hands, the return on this game is 53%. As you can imagine, this means that the jackpot’s breakeven point where the player starts to gain an advantage is going to be relatively high compared to other games. The $1 side bet will normally have a breakeven point of between $150,000 and $160,000 while the $5 side bet will usually have a breakeven point of between $750,000 and $800,000.
Conclusions
Progressive jackpot games are one of the best features of a casino because they make it entirely possible to become an instant millionaire in some cases. Even though slot machines might appear to have a monopoly on these types of games, there are a ton of table games that feature exciting progressive jackpots as well. Some of these games include Ultimate Texas Hold’Em, Blazing 7’s Blackjack, Caribbean Stud Poker, Fortune Pai Gow and Progressive 3-Card Poker.
Most table games that feature a progressive jackpot will require you to make a small side bet before each hand if you want to qualify. If you happen to hit one of the top hands on the pay table for your specific game, then you will be rewarded with a percentage of the jackpot prize.
The breakeven point on these progressive jackpots tells you exactly what dollar amount the jackpot prize must be for the player to begin to have an edge in the long run. Depending on whether you are playing for profit or fun, you can use these numbers to decide if the current jackpot size fits your goal.
It is important to remember that these progressive jackpots are very tough to hit and you should not be gambling with money that you really need any time in the near future just to try and win one. When the jackpots are low, the house edge can be as high as 30%-40% which means that you should just be gambling for fun in these sorts of games without expecting to hit a jackpot.
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Who Wants to be a Millionaire? You do!
Megabucks, Mega Moolah, Major Millions, Mega Fortune, millionaires have been
made courtesy of these mega games.
Progressive jackpots have been a part of the slot experience since Megabucks
first hit the casino floors in 1986. IGT’s creation has turned hopeful players
into instant millionaires. Megabucks is a networked slot game with 750 machines
in 136 Las Vegas casinos.
You don’t need to walk through actual casinos doors to get in on this type of
jackpot opportunity, though. I-Casinos have Mega Moolah, Wheel of Fortune, and
dozens of other options available to players right in their livingroom or even
on smartphones and tablets on the move.
As the name implies, progressive jackpots have increasing top prizes that are
tied into the amount of betting volume. A small percentage of every wager goes
toward building the pot and the longer it’s not claimed, the bigger it gets.
There are three types of jackpot games:
- Stand alone – one-off games where a portion of the bets goes to
increase the grand prize for that particular game only - In-house progressive – these are much more common in brick and
mortar casinos and included linked machines but only in-house and not through a
big casino network - Networked – here’s where the massive money comes in as networked
slots are hosted in several locations whether in person or through iCasinos to
build a bigger prize pool through more player interaction
Slots Pay Big
When we talk about the advantages and disadvantages to slot play, one of the
top benefits is always “big payout potential.” Slots may have the largest casino
edge, but they also provide some of the highest rewards through networked games.
$39,710,826! Can you even imagine? In 2013, a Los Angelian playing at the
Excalibur put in $100 and walked away with the
largest jackpot in Las Vegas history on the Megabucks machine. He beat the
odds of one in 16.7 million (an extremely conservative estimate), and can
honestly say that his life changed that day.
That record setting money was won in person, but online players are not left
out either. A Guinness Book record-setting €17.86 million was awarded on
NetEnt’s online
Mega Fortune machine. At any given time, you can find different casino sites
featuring million-plus prizes. Mega Moolah always starts out at £1 million even
if the prize was just claimed. The more you play, the more you’ll know the games
to look for as there are some that are singled out as the best jackpot machines,
even in the virtual world.
Don’t Disregard the Smaller Payouts
There are a handful of those massive payout games, but even more with
ever-changing amounts that range from over a thousand to £50,000, £100,000, and
even in the £500,000 range. Availability depends on the particular iCasino and
the software it uses, as every company will vary.
You can typically find these types of slot games through a dedicated
“Jackpots” link, or if you scroll through the list of games, the current payouts
should be posted as well.
Relatively smaller payouts don’t just apply to the top prizes as some games
have more than one jackpot level. Mega Fortune has a Rapid, a Major, and then
the Mega prize. Approximately 1% of every bet goes to fund the Rapid, another 1%
to the Major, and then 5% goes into the Mega prize pool.
Not Just for Slots Anymore
We’ve referenced a few slot games that stand out, especially for regular
players who are well aware of the top paying games, but other casino games
provide progressive payouts as well. Video poker can have a rising Royal Flush,
and Caribbean Stud, Hold ’em, or Draw are well-known table progressives with
jackpots triggered by side bets.
There are Blackjack progressives, and even roulette can be converted to this
type of game. Microgaming’s Roulette Royale pays players every time a number
repeats. If the number comes out five times in a row, the player is the lucky
(and happy) recipient of the current jackpot payout.
Progressives on Mobile
You won’t find that all progressive games transfer over to mobile casinos,
but a good many of them do, and more and more are being added as new apps are
created. There is more of an emphasis being placed on smartphone and tablet
access as mobile play is on the rise.
In 2015 another Guinness Book World record was broken through the £13.2
million Mega Moolah jackpot, this time the winner was using the mobile casino.
Odds, Strategy, Payouts, and More
What Are the Odds of Winning a Million-Plus Prize?
Odds will vary depending on the game itself. With networked progressives, the
odds should be consistent regardless of your chosen casino, though. One site
wouldn’t be able to offer better odds than another as fairness needs to be the
top priority.
The one thing that does affect odds, though, is the amount of the
wager.
Higher denominations provide a slightly better chance of hitting your
target. The actual odds of winning are not publicly promoted by the slot
providers. In fact, when the Megabucks winner was announced, odds of winning
were mentioned to be nearly one in 17 million, but some say it could be as high
as one in 50 million.
What is the House Edge?
You may be familiar with the term payout percentage or house edge and what it
refers to is the overall percentage that the casino retains from a long-range
series of bets. It’s averaged out factoring in over a million spins, and slots
typically claim anywhere from 82 to 98% as payout percentages leaving the casino
with 18 to 2%. Again, these numbers vary with the machine, the provider, and
with time. For the most part, though, jackpot progressives will be providing a
lower payout percentage to players as that big top payout number needs to be
funded, plus the casino still needs its take. For many of those big name games,
the casino take could be as high as 10 to 15%.
Who Pays Out the Winnings?
The smaller payouts are issued by the casinos or i-casinos, and that would
include the lower level jackpots. The software company only gets involved in the
bigger prize payouts, especially the linked progressives hosted in multiple
locations.
Is the Jackpot Paid Out All at Once?
We hate to be vague but, again, this does depend on the game, the software
provider, and the terms and conditions of the casino itself. As a general rule,
if the software company pays, it will be paid out all at once. If the casino
pays, there could be monthly withdrawal limits that may extend overall payment
issuance by months or even years. Some sites list $5,000 a month of £20,000 a
month as the most that it will issue, so the total winnings are divided out
accordingly.
Because payouts differ so wildly between i-casinos, we’ll use the
example of
Megabucks instead. If a player wins the top prize that starts out at $10
million, he or she receives a check for 1.4 million straight away and then has
60 days to opt for payout in annual installments or lump sum. If the upfront
payout is chosen, the actual check is for 60% of the total prize, and that’s
before taxes. Annual installments spread payments out for 20 years, so most opt
for the 60% scenario and call it a day.
Is There a Strategy to Better the Odds for Progressive Games?
Obviously, there’s no guarantee, but there are a few considerations that may
make a difference.
Step 1 – Find a Random Jackpot Game
If you are very limited on betting funds and
want to play for that big money prize, you are better off selecting a game like
Mega Moolah with a random bonus set-up. That means that the bonus round isn’t
triggered on pay lines. It could pop up at any time. One of the
biggest game winners was only
betting 25p.
Step 2 – Always Bet the Maximum When Required
Although not across the board, most
progressive jackpot games are dependent on a maximum wager. If you’re playing
one of those, you can’t cut corners and lower your bet, or you are totally out
of contention for the progressive amount and may end up with something like a
few hundred instead.
Step 3 – Play the Same Game For as Long as You Can
Play the same game for as long as you can – this could be debated,
but many experts say that you have a better chance of winning if you stay
consistent and play the same jackpot machine for as long as you possibly can to
increase your overall odds.
Why Would I Play Anything Else?
There are a few reasons why progressive jackpots are not always the game of
choice.
- The odds are not in your favor…
The odds of winning are much less
as opposed to a game with a relatively lower prize pool. Extended playing time
is needed to build up that significant jackpot amount, so odds will then be
established accordingly. - Top paying games pay less along the way…
Again, that prize money needs to
come from somewhere, and it originates from the players. If more cash is being
dedicated to one big payout, then you’ll see much few low tier wins on your
quest. - It can be expensive…
Unless you’re playing one of those random jackpot
versions, a maximum bet is required, and the betting can get steep. Even if it’s
a three-reel, one line game and the denominations are one pound, you’re putting
up £3 every time you press spin. Move to a multi-pay line game and the
investment is that much greater. 25 pay lines = £25 if you’re still paying a £1
denomination.
Some Online Progressive Jackpots
Pretty much anywhere you go to gamble online these days; you’ll find a
collection of jackpot games as the appeal of these large money prizes is so
enticing.
Microgaming is one of the largest providers of online jackpot games, and its
collection goes well beyond slots although it is the creator of the popular Mega
Moolah, the game that never dips below the £1 million payout mark. It also
produces Roulette Royale that we previously mentioned. It’s a regular Roulette
game, but players get paid whenever a number repeats. The big prize is claimed
if a number recurs five times in a row.
It seems nearly impossible, but it has
been done, several times in fact.
Progressive Jackpot App Download
Other Microgaming progressive jackpot options:
- King Cashalot – a “pick until you collect” bonus game where players opt to discard current winnings for a bigger jackpot
- Poker Ride – a straight flush claims 10% of the jackpot prize pool
- Triple 7’s Progressive Blackjack – allows for a range of betting denominations
- Major Millions – the slot game that starts out with a minimum £250,000 prize
- Tunzamunni – a nickel progressive that’s just a three-reel, one line game and, the current top prize is more than £84,000
- Cash Splash – two versions being a three reel, three coin primary game or the five-reel, 15 line option
- Supajax – Jacks or Better video poker with a Royal Flush progressive
Playtech is another manufacturer of many progressives. It initially provided
a Marvel super hero collection but lost the licensing. Fortunately, super hero
fans are still well accommodated, though, as the
DC Superhero Jackpot is currently over £700,000 and includes games like:
- Batman and the Joker Jewels
- Batman and Catwoman Cash
- Superman I and II
- Green Lantern
All super hero slots are networked together and offer the same jackpot payout
potential.
The Pros and Cons of Progressive Jackpot Games
Progressive Jackpot ProsProgressive Jackpot App Login
- Instant millionaires are made
- Now available in most online casinos and their corresponding mobile casinos
- 24/7 access to the action
- Many have lower level jackpots as well
- Non-networked progressives will have better odds
- Entertaining with different themes and bonus rounds
Progressive Jackpot App
Progressive Jackpot Cons- Maximum bet may be required
- Smaller wins aren’t as frequent
- Prize payout may not be issued all at once
- Greater house edge than regular slots, video poker, or table games
- Table game progressives require a bigger bet
Conclusion
We all know that the biggest progressive jackpot prizes come with odds
similar to winning the lottery. But, if you’re going to play slots anyway, it’s
fun to know that it “could” happen. New games are consistently being released,
and there are games out there to accommodate all budgets. Why not throw your hat
in the ring? You just never know.