Within the billion dollar slots industry, you'll find progressive slot games which are known to have created some of the biggest payouts around. The first progressive slot games were introduced to the industry by International Game Technology in 1986, and since then, their popularity has risen remarkably, both offline and on, when online slots hit the scene in the mid 1990s.
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Progressive Slot Games Explained
So what are progressive slot games and how do they differ from regular slots jackpots? As their name suggests, the jackpot on these games progresses, unlike regular slots where the top jackpot is a fixed amount. The size of the progressive jackpot will grow each time the prize fund is added to, until one lucky player hits the jackpot and takes home the prize. The jackpot is then reset to its base amount and will start to grow once more.
In most cases, progressive slots are part of a network, whether it be on a casino floor or part of an online casino software provider's jackpot network which links all progressive games at partner casinos.
Most progressive slots will require that you bet the maximum number of coins to put yourself in line to win the jackpot, but generally the outlay is almost insignificant compared to the life-changing sums you get to take home.
Do Progressive Slots Ever Hit?
True, the odds of hitting The Big One are relatively low, considering how many people play these games, however, the mere chance of hitting such a huge amount keeps players coming back to progressive slot games time and time again. Since it requires a tiny investment to put yourself in the running, similar to lottery tickets, progressive slot games remain hugely popular at casinos.
Some of the biggest hitting games include Mega Moolah video slot which has a jackpot seeded at $1 million! That means that the amount starts climbing from that sum and, once hit, the total will begin again at a cool million. Multi millionaires have also been created by game such as Major Millions and Deal or No Deal, while the biggest terrestrial payout was on a Megabucks slot game in Vegas for $40 million!
Jackpots by Software
The beauty of playing online slots online is that so many other players are also doing so at the same time, contributing to the progressive jackpot fund and ensuring that it grows high in a very short space of time.
Some of the top names in the online casino software industry carry some of the most popular slot games, including the Isle of Man based Microgaming which boasts games such as Mega Moolah with its four-tiered jackpot. There nearly 20 progressive slot games in
Playtech is another software company which treats its players to a wide range of progressive slot games, including the progressive jackpot linked to the Marvel collection of slot games. The leveled Marvel Multi Level Mystery progressives combine brand slots with high payout power. Players can also look out for progressive slots by companies such as Realtime Gaming, Rival Gaming and Boss Media, to name just a few.
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