Types of Progressive Jackpots

There are two main jackpot categories: network and local. The key difference between them is where contributions come from. As a result, there’s generally a significant difference in the pool size. These two types were the  ibcqq   only option for many years until quite recently a new guaranteed category was introduced. Check out the catalog of instant play jackpot slots.

Network Jackpots
This is the right choice for players chasing some massive payouts. Players of any casino all over the world contribute to the pot resulting in the often monstrous pools. Mega Moolah is one of the most famous examples, and it has turned dozens of players into multi-millionaires. More recent WowPot! network by Microgaming is even more promising as it seeds at 2 million Euros against Mega Moolah’s 1 million.

The pool is the same regardless of where you play. Huge prizes attract enormous numbers of players in hundreds of casinos, and because of fierce competition, it’s less probable for a player to win it. But for many gamblers, the life-changing rewards are too appealing to give up that tiny chance they have. Another thing many will dislike is the average time for the jackpot to drop can be years. That certainly isn’t the option for those who have little patience. However, the most popular network jackpots drop within a few months.

Local Jackpots
Accumulated locally within a single casino, local pools are usually smaller and the competition isn’t that fierce. Every casino has its prize pool that is formed by the share of their players’ bets. Players contribute to the same pool as long as they are members of the same casino. Gaming sites that belong to the same family usually share the same local jackpots.

As the size of the pool varies from casino to casino, that’s where the progressive jackpots Tracker online is the most useful. It’s easy to compare jackpots and find the most appealing ones. The growth rate of a local jackpot is a great indicator of the operator’s popularity. One of the biggest advantages of this category is that jackpots usually drop more frequently.

Guaranteed Jackpots
Progressive jackpots are extremely unpredictable. They can drop minutes after the previous win or take months to accumulate before awarding the next win. If you want a bit more certainty, consider guaranteed jackpots. They are designed to drop whenever they reach a specific limit that players know about. This can be a time frame or a pool size.

The great thing is you know exactly when the odds of winning are the best. The closer it gets to the maximum limit, the higher the chances of landing a win, and during the last few spins before the limit is reached the jackpot drop is guaranteed. Assume there’s only you who chases the jackpot and it approaches the limit. If you keep playing, you’ll be guaranteed the win. One of the first to introduce this variation was Red Tiger Gaming. Its Must Drop product was something unique and made a big splash in the slots world.

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