How Hard Is It To Win An Online Jackpot

How hard is it to win an online jackpot? Is there a requirement to even have a chance of winning it? We answer those questions in this article.

winning a slot jackpot
How Hard Is It To Win An Online Jackpot

Online slot jackpots are offering a small fortune for the very lucky few. What does it take to win any of these jackpots?

Is It Hard To Win An Online Jackpot?

Online slot jackpot

Jackpot slots are the most popular type of online slot machine. They offer huge payouts, and everyone dreams of winning one. In addition, jackpot slots are linked across multiple online casinos, which means that the jackpots can grow to massive amounts. There are many types of jackpot slots, and each one has its probability of winning; and hitting the rarest jackpot of a progressive slot is how to win big.

For instance, progressive slots have an incredibly high variance rate. This means that your chances of winning the jackpot are slim, but the prize will be huge if you win. In addition, the odds of winning the jackpot on a progressive slot are the same as the odds of winning the lottery twice.

But how easy is it to win a jackpot? The answer, unfortunately, is not very easy. The probability of winning a jackpot is usually very low. This is due to the high variance rate, which rewards a small percentage of your spins with a payout. Because of the risk, the payout amount is substantially higher.

Another reason why very few players win the jackpot is the "max bet" requirement. That is right! You need to risk so much money in each spin to get a shot at taking home a fortune. The only winning slot strategy here is to build a massive bankroll that will let you spin the reels at least 100 times.

How to Win a Jackpot in Online Slots

There is no one-size-fits-all answer to this question. The odds of winning a jackpot depend on the type of slot machine you are playing, the size of the jackpot, and your luck. However, there are some things you can do to improve your chances of winning a jackpot:

Select a good slot provider

When it comes to playing online slots, one of the most important things to consider is the slot provider. Certified slot providers utilize a complex RNG algorithm that creates unpredictable results. These algorithms ensure neither the house nor criminals can take advantage of any player. In addition, reputable software providers have reasonable RTP and variance rates for their slots.

Finding a good slot provider is knowing those who have gained a reputation over the years. There is Microgaming, for example. This software provider is responsible for Mega Moolah, rewarding lucky players with millions of dollars in jackpot prizes.

Choose games with smaller jackpots.

The size of the jackpot is directly related to your odds of winning. Smaller jackpots usually have a medium-high variance. While this type of slot is risky, it offers better odds of taking home the highest payout.

Keep in mind that smaller jackpots are usually fixed ones. Unlike progressive slots, fixed jackpots do not grow every time a player spins the reels.

Control your bankroll

It's essential to control your money when playing online slots, which is where a bankroll comes in handy. Many people get caught up in the excitement of the game and spend more money than they can afford to lose. Don't chase your losses by betting more money than you can afford. If you're on a losing streak, you must cut your losses and walk away.

A bankroll helps you track your slot expenditures, which increase for every win and decreases for every loss. Once your bankroll is depleted or doubles in size, you know when to quit playing.

Types of Jackpot 

There are many jackpot slots, and each has its odds of winning. Here's a look at some of the most popular types of jackpot slots:

Fixed jackpots

A fixed jackpot is a type of slot jackpot where the amount of money you can win is fixed. This means it does not increase or decrease based on how much money is spent to spin the reels. Fixed jackpots are generally easier to win than progressive jackpots, which increase in size as more people play the game. However, since slots are a game of chance, there is no guarantee that you will win the jackpot, even if it is fixed.

Network or pooled jackpots

A network or pooled jackpot is one that a group of slot machines shares. This type of jackpot generally has a higher cash prize amount than a fixed jackpot because it comes from the bets of numerous machines. The odds of winning a network or pooled jackpot are generally lower than winning a fixed jackpot, but the prize amount is usually much higher.

Progressive jackpots

A progressive jackpot is a type of slot jackpot that increases as players wager on the machine. The jackpot amount grows with every reel spin until a lucky player eventually wins it. Because the jackpot is constantly growing, it can reach massive proportions - sometimes into millions of dollars. While the odds of winning a progressive jackpot are usually very slim, the lure of such a large prize is often too much for players to resist. As a result, progressive slots are often some of the most popular games in casinos. 

Top Jackpot Slots To Win

There are many jackpot slots to choose from, and deciding which ones to play can be challenging. Here's a look at some of the top jackpot slots that you may want to try your luck on:

Divine Fortune Megaways - NetEnt

Divine Fortune Megaways is a slot game from NetEnt with an ancient Greek theme. The game's theme is based on Greek mythology, and players can encounter mythical creatures like Pegasus and Medusa as they spin the reels in search of big wins. The game has a high variance rate, meaning that players have the potential to win big payouts but also experience long periods of losses. Furthermore, the game has six reels and a maximum of 117,649 paylines, making it one of the most complex and potentially lucrative slot games on the market.

Divine Fortune Megaways offers generous free spin rounds that can be re-triggered and an exciting jackpot feature. However, Megaways differs from most slot games because it doesn't have a progressive jackpot.

Leprechauns Luck - Ash Gaming

Leprechaun's luck from Ash Gaming has a medium variance rate, meaning it offers a balance of high and low payouts. The game has five reels and 20 paylines. Players can encounter classic Irish symbols like lucky horseshoes, shamrocks, and rainbows as they spin the reels in search of leprechaun's gold.

The Wishing Well Bonus and Rainbow of Wealth bonus are the game's main attractions in its progressive jackpot, which grows larger with every spin of the reels. Two bonus rounds are required to win the progressive jackpot.

Leprechauns Luck features some helpful gameplay features that can give you a leg up. For example, the game includes an autoplay function that can automatically spin the reels up to 25 times. This can be a helpful way to rack up some quick wins. And if you hit free spins during autoplay, the function will automatically turn off so you can take advantage of your good fortune.

Buffalo - Aristocrat

Buffalo Slot from Aristocrat Gaming has a medium variance rate and offers players plenty of chances to win big. It has five reels and 1024 ways to win in this no-paylines slot game. As the name suggests, the game has a buffalo theme and features symbols like buffalo.

The game's main attraction is its free spins round, which can be triggered by landing three or more scatter symbols on the reels. Players can trigger even more free games during the free spins round by landing more scatter symbols. And if you're lucky enough to land a wild symbol during the free spins round, it will trigger a multiplier that can boost your winnings even further.

Cleopatra - IGT

Cleopatra from IGT has a medium variance rate and offers players plenty of chances to win big. It has five reels and 20 paylines. The game's symbols include Cleopatra, Pharaohs, pyramids, and other Egyptian-themed symbols.

The game's main feature is its Cleopatra free spins and jackpots. Players can trigger the Cleopatra free spins by landing three or more scatter symbols on the reels. They will be awarded 15 additional free spins for every scatter symbol they land. During the free spins round, players have the chance to trigger even more free spins by landing more scatter symbols. 

Players must first trigger the Cleopatra bonus by landing five symbols on the reels to win one of the game's three jackpots.

Aztec's Millions - RTG

Realtime Gaming's Aztec's Millions has a high variance rate and offers players the potential to win big payouts. It has five reels and 25 paylines. The game's symbols include Aztec temples, pyramids, jungles, and other Aztec-themed symbols.

The game's main feature is its free games and progressive jackpots. Players can try the game for free before playing for real money. Players must first trigger the Aztec Millions bonus by landing five symbols on the reels to win one of the game's progressive jackpots. The game also includes a helpful autoplay function that can automatically spin the reels.

Mega Moolah - Microgaming

Mega Moolah from Microgaming is the most famous jackpot slot of all time. Its popularity comes from the life-changing jackpot prize reaching $10 million. The game has a high variance rate with five reels and 25 paylines.

The game features a jackpot wheel with four jackpot prizes: mini, minor, central, and mega. There is no limit to how high the jackpot can go, making it a fascinating game for players. The game also features a wild symbol that can help create winning combinations. In addition, free spins and multipliers are available to help boost winnings. With so much on offer, it's no wonder that Mega Moolah is one of Microgaming's most popular games.

Jackpot slots are always popular with players thanks to their potential to pay out life-changing sums of money. If you're looking for a chance to win big, build a large bankroll to keep spinning the reels and increase your chances of hitting the jackpot.

This article was published on October 1, 2022, and last updated on October 26, 2022.