Many people are drawn to the casino world through progressive jackpot slots. The reason why is because they want a chance to win big prizes.
But are progressive jackpot slots the best that you can play? Let’s discuss the matter by looking at the pros and cons.
Pros of Progressive Jackpot Slots
You can Win Big
The most exciting thing about progressive slots is that you have a chance to win big. This is especially the case with six and seven-figure jackpots, which offer life-changing sums of money.
Some of the progressive online slots with huge jackpots include Arabian Nights, Aztec’s Millions, Mega Moolah, and Mega Fortune. The largest jackpot in online slots history was a $20 million prize paid on Mega Moolah.
Payback Grows along with the Jackpot
Another good aspect of progressive slots is that the payback, or return to player, grows as the jackpot does. This means that every bet made on these machines pushes the jackpot up slightly.
Cons of Progressive Jackpot Slots
Volatility is Higher
The jackpot forms a solid portion of the payback in progressive slots. And since these are hard to win, chances are that you won’t earn this part of the payback.
Another problem here is that these games have to make up for the big jackpot that the casino/manufacturer must seed. Therefore, you’ll receive fewer small prizes and see higher volatility.
Payback Starts Lower
The biggest progressive jackpots slots usually start payback around 88%. This is true of both land-based and online slot machines, meaning you can’t just hop online and hope for better pay.
Conclusion
Whether or not you like progressive slots all depends upon your preferences. Those who want to win big will overlook the fact that they’re facing higher volatility and lower payback on average.
But if you’re looking for a more stable slot machine, then you should avoid games with larger progressive jackpots. Of course, you can always mix your play between different games as well.