If there’s one thing that draws numerous slots players, it is a huge jackpot. In fact, the top reason why most people play slots is because they want to win a big prize. Assuming you fall into this category, it’s worth mentioning that most of the richest jackpots are offered through progressive slots games. The reason why is because progressive games take a certain percentage out of every bet and put it towards the top prize. Below you can find out more about the basics of progressive games including why you should always make the maximum bet.
How Progressive Slots work
As we alluded to in the introduction, progressives fund the jackpot with a small part of each wager. Now there’s no set formula here, but let’s say that you wager $1 per spin; $0.03 of this amount might go towards making the top prize grow. Obviously this doesn’t sound like much, but it definitely adds up over time when people continue to play. Assuming somebody was able to win the jackpot, the top prize would be reset to a fixed amount and the process would start over again.
Why you should make Max Bets
It’s almost pointless to play progressive slots if you’re not going to make the top wager. The reason why is because anything less than the max will not qualify for the jackpot. For example, if the top wager is $1 per spin, you couldn’t bet $0.50 and still have a chance at the biggest prize. Because of this, it’s highly advised that you stay away from progressive slots unless you’ve got a large enough bankroll to continue making max wagers.
Now it’s time for what everybody wants to know – how big do the jackpots get? Every game will differ in this regard with some prizes being small and others being huge. For example, smaller progressive games might feature an average jackpot size of $10k-$20k, depending on how long it’s been since the prize was won. Some of the biggest games offer jackpots that are worth $1 million or more!
Obviously it’s preferable to play for the latter because everybody wants to be a millionaire. However, you also have to take into account how games with larger jackpots are going to feature higher spin costs. This is why it’s important to select a progressive slots game that’s appropriate to your bankroll so you can continue to play and hopefully win.