Online slots award some of the largest jackpots that the gambling world has ever seen. While slot machines in land-based gambling venues are quite generous, progressive slots in the online casino market make players into multimillionaires regularly. This really is because of the sheer range of players in the online gambling market and also the vastness of online progressive slots networks.
In the online casino world, you will find three kinds of jackpot networks, the most typical of which will be the wide-area progressive network. This sort of jackpot network links the prize pool of a particular game across a number of online casino web pages. As a result, hundreds of players at dozens of excellent online gambling casinos contribute to the prize pool, ensuring that the prizes climb very quickly.
At land-based casinos, this sort of jackpot network will be quite rare. Technology limitations restrict operators from linking jackpot pools unless the slot machines are physically connected via a ‘game bank’. In contrast, at this time, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. In the present day, there are actually just a few of these networks, including IGT’s ‘MegaJackpots’ network.
The number of players in the online casino world also contributes to the very fact that jackpots are much larger at gambling sites. Multiple players can wager on the exact 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 with regards to online slots jackpots.
The largest jackpot networks in the online casino world belong to Microgaming and PlayTech. Microgaming’s progressive jackpot network has existed since the turn of the century, so the company has had over ten years to add new games and expand its prize pools. In recent times, Microgaming slot machines have paid out over $400 million in progressive jackpot prizes. The company’s most generous game is Mega Moolah, which offers up prizes worth more than $5 million on a regular basis.
The WinAJackpot network from PlayTech has not been around for as long as Microgaming’s network, but it has been very generous for the duration of its existence. The network was established in 2003 and it has paid out over $126 million in winnings over the course of the decade. The largest jackpot ever awarded by PlayTech was worth an extraordinary $7.5 million from the game Beach Life.
Some newer online jackpot networks also are proving themselves to be quite generous. For instance, International Game Technology’s MegaJackpots network offers prizes worth at the least $1.5 million. Net Entertainment has also proven its worth by paying out a $22 million jackpot last year, smashing the record for the largest jackpot ever awarded within the online casino world.