Triggering a slot jackpot is something which many players dream of doing. Some of these jackpots can seriously change a person’s life. The chances of triggering a slot jackpot can vary depending on which jackpot they are playing for – try Bingo Billions.
Slot Jackpot Types
Triggering a slot jackpot is not always easy, your chances can vary depending on what sort of online slot jackpot you are using. There are two main types of online slot jackpots, fixed and progressive. A fixed jackpot is much more common, it is usually found as a bonus to the main game of a slot. As the name suggests, this jackpot is fixed. This means that it’s overall prize pool will not change, no matter how long the jackpot has remained unclaimed for. A progressive jackpot is a type of jackpot which is much more lucrative, it can even exceed millions of pounds! The prize pool of the jackpot will progressively increase every time a player does not claim it. As the jackpot is incredibly tough to win, the prize pool will often reach massive amounts.
The RTP and Variance
When discussing slot jackpots, it is important that players understand what RTP and variance are and how they can affect the outcome of a slot spin.
- RTP stands for return to player and it is essentially a percentage that tells players about the return they can expect to see from a slot game. The RTP percentage can be found in the paytable of every slot game. Although it is not a certainty, the RTP is a great indication for players. The average RTP is around 95% but in some slots this percentage can vary wildly.
- Variance is also known as volatility, it is a term which refers to the amount of risk in a slot game. Games which are said to have high levels of variance will have more risk than your average game, this is because they will payout much less frequently. However, these infrequent payouts will be worth much more than low variance slot payouts.
Best Slot Jackpots
A slot jackpot can be incredibly lucrative, especially if it is a progressive jackpot. These types of jackpots are known to make the winners millionaires!
- Hall of Gods is an exciting progressive jackpot slot game which was developed by NetEnt. The highest jackpot this slot haved paid out is a staggering €7,820,888.
- Joker Millions is an impressive slot created by Yggdrasil Gaming. This enjoyable slot has a catchy soundtrack and fun visuals but it is the jackpot which most players will remember. The highest payout of this slot was a massive €3,114,303.17.
- Jackpot Giant is a slot developed by Playtech which promises big wins for players, there are also impressive graphics and animations for players to enjoy. The highest payout of this slot was a gigantic €10,897,701.
The chances of triggering a slot jackpot are low, particularly if you are playing a progressive jackpot. However, there is still a chance, the very next spin could result in a massive win!