Posted in Guides September 15, 2018
What is the Difference Between a Progressive Jackpot, Local Jackpot and Network Jackpot?
Let’s admit it, its the jackpots that truly draw us to play some of the best casino games and slots available online. Sure, we love the theme and the visual effects that come with these games, but one’s slot-spinning adventure gets serious, players are primarily motivated by the amount of jackpots that can be won. And the good news is that the top software vendors and game designers in the market like NetEnt, Microgaming, Playtech and Yggdrasil offers jackpots and these are carried in different types of games.
And just like the availability of diversity in games, jackpots also come in different types and amounts, and amount of jackpot that you will earn will depend on its type. Jackpots vary, and the three popular kinds of jackpots that are highly sought-after online are the progressive jackpot, local jackpot and the network jackpot which is also called as the pooled jackpot. Here’s a quick look at the differences between these three kinds of casino jackpots.
Perhaps one of the most popular form of jackpot available today in many online casinos is the progressive jackpot. As its name suggests, the amount of jackpot grows each time a bet is made and pot is not won. This means that when you make a real money wager on slots with progressive jackpot, a fraction of that wager is contributed to the total jackpot amount. The amount of progressive jackpots offered by top slots and online casinos vary, with some game titles offering multi-million jackpots. In some cases, the game will feature a jackpot meter which tracks the value of the jackpot, adding excitement to the players who are taking part in the games. There are no limits for the jackpots, and these are randomly activated provided the right set of symbols and wager are set. The winning spin will be activated randomly courtesy of the Random Number Generator (RNG) which is a standard for all slot games.
And speaking of prizes, the biggest progressive jackpot won online is €17,860,868 courtesy of Mega Fortune Mega, which was recorded last January 2013. When it comes to prizes, slots with progressive jackpots certainly know how to impress. Some of the popular online slots that offer this type of jackpot are Major Millions by Microgaming, The Slotfather by Betsoft and Leprechaun Goes to Hell by Play’n GO.
As the name suggests, the local jackpot is confined to just one game in one online casino. Here, the amount of jackpot will also grow thanks to the bets made by players. Just like the progressive jackpots in slots, the amount of local jackpot will also grow based on the amount of bets made by the players. Although a single slot game may be carried by multiple online casinos, still each casino will list a different jackpot amount for that game, and may grow at a different pace. And since this is a local jackpot for a specific online casino, only the participating players of the casino can contribute to the pool and win the jackpot. Most of the leading online casinos offer their own versions of the local jackpots, and these are their own marketing strategies to engage more players. Local progressives or proprietary progressives as they are labeled by other casinos offer jackpots that are higher than stand-alone games but not as high compared to the network jackpots. The size of the jackpot is often medium, often at the €100,000 level. But the good news is that players will have a higher chance of hitting these jackpots compared to the wide-area progressive or network jackpot.
When it comes to the biggest prize that can be won online, the network jackpot is considered as the best of the lot. In the network jackpot, players from different online casinos contribute to the same jackpot, which means that any of them can earn the prize when the right combination has been achieved. In many cases, the network jackpot is hosted in online casinos that run on the same platform or uses the same software provider like NetEnt, Playtech and Microgaming, and primarily focused on a specific game.
A popular network jackpot available online is Mega Fortune Dream from NetEnt, and this is carried the likes of Betsson. Under the network progressive jackpot arrangement, players from Betsson and other operators will contribute to the pool of jackpot, and anyone from this set of players is entitled to win the jackpot. Since there are a number of participating online casinos, the possibility of winning a bigger jackpot is higher, but the chance of winning the pot is much lower.
Knowing Betsson, their gaming platform, the magnificent range of online games, the security measures that they have adopted and the kind of transparency they offer to their players is commendable which makes us trust them. Bonuses is obviously the favourite part for players. Betsson offers a good range of bonuses to the users. A compulsory Welcome Bonus is given to each user that registers for the first time on Betsson’s website. Sign up today to claim your 100% up to €100 bonus!
How to Play Jackpot Games?
Playing these games is just like playing the ordinary slot game with some differences. For a start, a progressive jackpot game will often include a jackpot meter which displays the current amount that can be won. As you continue your play, you will discover that the meter moves, indicating that the amount of jackpot keeps on increasing as well. Also, these types of games will display the required combination to win the jackpot. Once the progressive jackpot has been won, the meter resets to its original level, and the process of play and prize accumulation begin once again.