This comprehensive guide will explain the basics of casino jackpots including their different types, how they function, and more.
- Different casino games offer different gameplays and payouts
- There are few offers as attractive as those that promise a large payout
- Discover everything you need about Jackpots
What exactly is a Jackpot?
A jackpot is, in the casino jargon, a large prize of cash that is awarded under certain conditions. The jackpot is a prize that is often found in games of luck, like online slots or lotteries. However, it can also be found in table games such as poker.
Jackpots at online casinos such as Betfair Casino can range anywhere from hundreds of pounds to millions.
Casino games have several different jackpots, but all of them fall into one of these categories.
- Fixed jackpot –This amount is predetermined and does not vary with each wager or when it’s won. A fixed Grand Jackpot of 5,000 times your base bet might be offered by an online slot machine. Slot games often have three or four fixed jackpots, and include prizes of tens to hundreds of pounds.
- The Progressive Jackpot – This type of jackpot grows every time you place a bet. Each bet adds to the prize pool. This means the jackpot can reach incredible values until it’s won. The jackpot then returns to its predetermined value.
- Local Progressive JackpotThis type is a progressive jackpot that grows faster than a standalone version because it’s fed by multiple games in a casino or software provider. All bets on the local network are eligible to win the jackpot.
- Wide Area Progressive JackpotThis progressive jackpot is much larger than local jackpots and connects multiple casinos in different geographic regions. These jackpots are the most popular because they have the largest prize pools, which can often exceed the million-pound mark.
How to Play Casino Jackpot Games
Jackpots are based on the types of games that they appear in.
Slot Machine Jackpots
Jackpots can be won in some slot games randomly, regardless symbol combinations or paylines. Some slot games award jackpots when a specific symbol pattern or a minimum amount of symbols appear on the same line.
The odds of winning these jackpots is not affected by the amount wagered.
If you play progressive jackpot slots, you may be able to increase your chances of winning a prize by increasing the amount that you wager. You can find out if this is true in the paytable. To increase your chances of winning, bet as little as possible to maximize your bankroll.
This category has lower payout percentages than the top RTP slots, as a part of each wager goes towards the prize pool.
Poker Jackpots
You may be playing online poker with other players in a Bad Beat Jackpot game. This type of jackpot is given when a player who has a strong hand, which would usually win, is beaten by a stronger hand.
When a casino poker jackpot is won, unlike slot machines, it’s usually shared by all players in the same hand. There is no way to increase your chances of winning the jackpot. However, you can improve your skills by using our casino betting guides.
Some platforms also offer high hand jackpots, which are given to players who have a strong hand such as the Royal Flush.
Other Casino Games
Jackpot prizes are available in a number of other casino games such as blackjack, roulette and video poker. They are usually linked to side bets, or certain outcomes. They can either be fixed or progressive. You will find detailed instructions on how to win these prizes in the paytable.
Tips on how to play casino jackpot games
The odds of winning a jackpot are largely determined by luck. However, the following tips will help increase your chances of success.
- Familiarise with the Game –Take some time to learn the rules and conditions that apply to the Jackpot Prizes, such as the minimum bet.
- Play games with higher RTPs If you have a choice between jackpot slots that offer similar top prizes, choose the ones with a higher percentage of return to player (RTP). These are more likely to pay out, and will extend your bankroll.
- Manage Your Bankroll Responsibly – While winning a big jackpot may be appealing, you shouldn’t wager more money than you can afford. Instead, spread your bankroll by placing small bets and playing as many rounds as you can.
- Understanding the odds of a winning –The larger the jackpot, the smaller the chances of a player winning. It’s therefore important to manage expectations and realize that only a select few players will receive these prizes.
Key Takeaways
- Casino jackpots can be found in many games, including blackjack, poker, video poker and others.
- Fixed jackpots do not change their value when you bet or win. Progressive jackpots grow in value each time you wager on them until they’re won. At that point, they return to their predetermined starting value.
- Some progressive jackpots have a threshold for minimum wagers below which you won’t be able to participate in the jackpot.
- All players share the Bad Beat Jackpot in poker.
- Although playing jackpot games can be a tempting proposition, it is important to never wager more money than you are willing to lose. You should also have realistic expectations of your chances of winning.