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What are Progressive Jackpots?

Slots are one of the most prevalent casino games, with several varieties available in various casinos. Progressive jackpots, for instance, are an interesting type of slots you can discover on any betting platform.

Progressive jackpots refer to the type of gambling prize in online casino games in Malaysia that increases over time as more players participate. It is the opposite of standard jackpots, which are based on fixed amounts. Many gamblers love progressive jackpots mainly due to their potential for massive payouts.

However, the continuous accumulation of funds makes progressive jackpots one of the most challenging prizes. Hence, it is vital to understand how they work to gambles make informed decisions and maximize their enjoyment while playing.

Understanding Progressive Jackpots

A progressive slot machine includes an integrated jackpot that continuously accumulates as players put wagers but do not strike it. The jackpot prize pool is expanded by a modest proportion of each player’s wagers. When a bettor successfully attains the jackpot, the entire prize money is given to that bettor, resetting the jackpot value to its initial seed amount.

A progressive jackpot can be triggered under various scenarios, such as:

Bet Size

The quantity of your stake can influence what triggers a jackpot on a slot machine. Some slot games require you to wager the most significant sum to qualify for the jackpot. In other games, betting increases your chances of winning a random or progressive jackpot.

Matching and Collecting Symbols

Another way to trigger a progressive jackpot is by matching a certain number of specific symbols on the reels. This is the most conventional and prevalent form of progressive jackpot payout structure encountered during gameplay in these particular games. 

Some progressive jackpot slots allow you to trigger the main prize by collecting specific symbols. Collecting symbols is usually done through a mini-game feature, which adds to the game’s entertainment value.

Number of Paylines

The number of paylines you play can also influence triggering a jackpot. Some games require you to play all the paylines to be qualified for the jackpot. In other games, increasing the number of paylines you play improves your chances of scoring a winning combination or activating a bonus feature that might lead to a jackpot.

Random Number Generator (RNG)

The random number generator, or RNG, is another way to determine what triggers a jackpot on a slot machine. It is a software used to ensure the randomness and fairness of each spin during gameplay. The RNG also plays a crucial role in activating a slot game in Malaysia jackpot by generating random numbers that align with the various symbols on slot reels. The jackpot is triggered if the generated numbers match the needed combination for a jackpot.  

Types of Progressive Jackpots

  • Standalone Progressives

This type of progressive jackpot only applies to a specific slot machine, meaning that only bets on the same machine contribute to the jackpot size. While claiming such a prize does not necessarily entail a life-altering event, these jackpots can collect substantial and appealing sums.

  • Wide Area Jackpots

A wide area progressive jackpot signifies the payout from a slot machine connected to a network encompassing multiple licensed establishments. An independent contractor operates them, and the casino only gets some earnings. It is worth noting, however, that while the progressive jackpot can be massive, the chances of winning it are slim.

  • In-House Jackpots

In-house or Proprietary Progressive machines refer to when the prize pool accumulates from bets placed exclusively in a single casino or gaming firm. Unlike wide-area progressives, which connect multiple casinos or games, in-house progressives are restrained to a specific location or network of machines within the same casino. Although this limits the growth of the jackpot, it can still offer players the chance to win substantial prizes.

  • Boiling Point Progressive Jackpots

In these slots, the jackpot is set to hit once a predetermined amount, also called the “boiling point”, is reached. The boiling point numbers are usually shown below the present jackpot amount. Players spin the reels, and when the jackpot’s value reaches or surpasses its boiling point, it is sure to be won by a lucky player.

  • Randomly Awarded Jackpots

A randomly awarded slot jackpot is a type of progressive jackpot that any gambler can win at any time, devoid of any requisite winning combination or bonus game activation. The most substantial prize may be randomly bestowed within the primary gameplay or during a supplementary bonus round, depending on the game being played.

Progressive Jackpot Strategy

Although there is no way to guarantee winning a progressive jackpot, having a solid strategy is useful in successfully navigating progressive jackpot gambling. Hence, these tips can guide you in getting the best value for your bankroll and maximise your chances of landing a jackpot:

  • Limit Your Bet Size – It is critical to bet only the amount required by the progressive jackpot to activate the function. Wagering more will neither increase your winnings nor improve your winning odds, making the extra money unnecessary.

 

  • Have a Loss Limit – While maintaining a bankroll helps you monitor how much money you have left, keeping you from overspending, setting a loss limit can also be helpful. This is because gamblers frequently get carried away and don’t know when to stop. With a loss limit, you can know when to withdraw and save your hard-earned cash.
     
  • Understand the Volatility and RTP – Look for progressive jackpot games that provide the best combination of volatility and RTP percentage to increase the probability of a successful outcome.

 

  • Read the Terms and Conditions – When you bet online, the wagering and payment terms and conditions are relatively simple to navigate. Nevertheless, obtaining the information for land-based spaces is doable and may be beneficial. Knowing all the rules and regulations can help you prevent any possible problems in case you win the main jackpot.

Ready to Win a Progressive Jackpot?

Progressive jackpots have become a prominent fixture within casinos since their inception in the 1980s. They have consistently served as a compelling draw for bettors in casinos that feature them. Its ability to provide players with life-changing sums of cash contributes to the thrilling growth of this massive prize money. And with continuous technological advancements, progressive jackpots will most likely remain captivating and integral to the gambling experience.

Take a chance at winning big with progressive jackpots by signing up on CM2Bet MY, a reputable betting site in Malaysia and Singapore! We provide various slot games to fit the demands of every gambler and employ cutting-edge technologies to offer players a seamless betting experience. Visit our website to start your betting journey today! 

Read More: The Importance of Online Slot Volatility

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