Online slots award some of the biggest jackpots that the gambling world has ever seen. While slot machines in land-based gambling venues are quite generous, progressive slots within the best online gambling site casino market make players into multimillionaires regularly. This is because of the sheer number of players within the online gambling market and the vastness of online progressive slots networks.
In the online casino world, you will find three types of jackpot networks, the most typical of which will be the wide-area progressive network. This type of jackpot network links the prize pool of a particular game across a number of online casino web pages. Therefore, hundreds of players at dozens of online casinos contribute to the prize pool, ensuring that the prizes climb quickly.
At land-based casinos, this kind of jackpot network will be very rare. Technology limitations restrict operators from linking jackpot pools unless the slot machines are physically connected via a ‘game bank’. On the contrary, at the moment, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. At the moment, you will discover only a few of these networks, including IGT’s ‘MegaJackpots’ network.
The range of players in the online casino world also contributes to the truth that jackpots are a lot easier larger at gambling web pages. Multiple players can wager on the same game at once, driving up the jackpot prize pool to lucrative levels. Within the land-based casino world, just one player can sit at a game at any point in time, so jackpots climb quite slowly in comparison with online slots jackpots.
The largest jackpot networks in the online casino world belong to Microgaming and PlayTech. Microgaming’s progressive jackpot network has been in existence since the turn of the century, so the company has had over a decade to add new games and expand its prize pools. Through the years, Microgaming slot machines have paid out over $400 million in progressive jackpot prizes. The business’s most generous game is Mega Moolah, which offers up prizes worth more than $5 million frequently.
The WinAJackpot network from PlayTech has not been around for as long as Microgaming’s network, but it’s been very generous for the duration of its existence. The network was established in 2003 and has paid out over $126 million in winnings over the course of the decade. The biggest jackpot ever awarded by PlayTech was worth an extraordinary $7.5 million from the game Beach Life.
Some newer online jackpot networks are also proving themselves to be quite generous. By way of example, International Game Technology’s MegaJackpots network offers prizes worth at a minimum $1.5 million. Net Entertainment has also proven its worth by paying out a $22 million jackpot last year, smashing the record for the biggest jackpot ever awarded in the online casino world.