Progressive jackpots are in the tens of millions. It’s more than enough to turn your life around completely. But what are the chances of you actually winning the jackpot? Not high, of course, but you already know that. Let’s talk realistically about the chances of winning a progressive jackpot and if there’s anything you can do to increase your chances.
Either way, online slots are fun very convenient, and you always stand a chance of winning real money. Did you know you can play real money online slots on your smartphone or tablet?
How Do Slots Work?
Slots, online or in land-based casinos, work in much the same way. You make an upfront bet, spin the reels, and if symbols match the reels, you get a payout. So, at their core, slots are all simply a game of matching symbols.
But there are also special symbols. Wild symbols substitute for all other symbols, meaning that you can create winning matches more frequently. But how to hit those jackpots? Most slots also have Scatter symbols. Scatter symbols don’t have to land adjacent in order to match, hence the name. When you get enough Scatter symbols on the reels, a special bonus game triggers. It is during Bonus rounds that you get the chance to walk away with big money.
What Is RNG?
But how do slots decide if symbols are going to match? The truth is that all slots work on a Random Number Generator (RNG) system. RNG is the core of all slots, determining if you win or lose. RNG is, of course, 100% fair, with every spin simply a matter of luck. You never know which numbers RNG is generating, but neither does anyone else. Even the technicians who closely guard the RNG system don’t know which numbers are coming up.
Make no mistake: in the world of gambling, RNG is a very serious business. A great deal of time and effort goes into creating an RNG that is always fair, always unbiased, and always random. In fact, RNG is such a serious business that government organizations regulate the technology. If regulators aren’t certain that RNG is random, they shut the system down.
So, in a nutshell, RNG is the reason that you win or lose each spin.
What Is Variance And RTP?
But RNG isn’t the whole story of progressive slots. There is also variance and Return to Player (RTP.) Slots get a rating of low, medium, or high variance. A low variance slot is much more likely to pay out but is also more likely to give low payouts. A high variance slot is less likely to give payouts, but each payout is, on average, a much larger sum. As you can see, it is a careful balance that iGaming engineers keep, ensuring that slots are always fun.
Now, let’s look at RTP. Slots get a variance rating but also an RTP rating. So, what is RTP? RTP is the percentage that a slot will give back over a period of time. A slot will have an RTP rating appearing as a percentage, such as 95%. The 95% rating means that of every $1 you, 95$ of the dollar is given back. But you don’t know when the slots will pay back the cash, which is exactly what makes slots so exciting.
How Do Jackpots Work?
Going back to those progressive jackpot millions, let’s talk about how you win. The bottom line is that you have the same chance of winning as every other player. Each spin you take has a chance of winning, meaning that no player is more likely to win than any other player. This is the magic of variance and RNG. It also demonstrates the importance of understanding gaming technology on a deeper level.
So, is there anything you can do to increase your chances of winning? No, it is always fair. However, there are things you can do to improve your likelihood of staying in the game longer.
Betting Smart And Managing Money
The real secret is that progressive slots are a game of endurance. You must play as long as possible with your bankroll, keeping costs low while you have off against Lady Luck. Hence, the smarter you are with your bets, the better off you are.
The secret is to manage your bankroll. Remember, the majority of progressive slots don’t require that you bet more or less to shoot for the jackpot. So if you only make smaller, smarter bets, you’ll play longer. Plus, don’t forget that progressive slots give out smaller jackpots more frequently than progressive jackpots. Even if a smaller jackpot isn’t life-changing, it’s still enough to put a smile on your face.
Which Is The Ideal Progressive Jackpot Slots?
There are many progressive jackpot slots to choose from at Treasure Mile casino, and all are exciting. But is there a progressive jackpot game that is better than the others? As far as enjoyment goes, you’ll get plenty of entertainment no matter which game you choose. There is, however, a slot with a certain reputation.
Mega Moolah is a progressive slot that is nothing short of legendary. The game is known to pay out fairly frequently, with a new winner around every 2 months. This doesn’t necessarily mean that Mega Moolah pays out more frequently, given that it happens to be so popular. The game is, however, legendary among regular reel spinners. You can try out Mega Moolah yourself, see what all the fuss is about, and perhaps even walk away richer.
No matter which progressive slots you choose, remember to always play responsibly. Gambling is meant as a form of entertainment, and not as a way to make a living. Don’t bet with cash you can’t afford to lose, and always quit while you’re ahead. Good luck, and don’t forget to take your lucky rabbit’s foot when you play.