Types Of Progressive Slot Machines

Slot machines are like anything else—they can be categorized into various types. These categorizations can be based on a number of different factors. This page looks at some of the most common ways of dividing slots into types.

Slot machines can be categorized into different types. These categorizations are based on various factors. These categorizations are based on various factors. In every casino, there can be various types of slots available, ranging from the touch-screen, video slots, multi-coin, single-coin, etc. Picking a device is extremely important for every player because nobody wants to play a slot that they cannot afford. There are 3 varieties of online progressive jackpots: The Stand-Alone Progressive Jackpot, the In-House Progressive Jackpot and the Wide Area Progressive Jackpot. The Stand-Alone Progressive Jackpot is for an online slot game that is not linked to any other online slots. Recently, a lot of casinos introduced a new type of progressive slot machine. It offers players the chance to win small and big progressive jackpots. However, they are insignificant compared to the mega progressive jackpots that are hit at random. Still, progressive slots are one of the most thrilling and exciting types of slot games out there. The three types of progressive jackpots are Stand Alone Progressive, In-House or Proprietary Progressive, and Wide Area Progressive. It may be every slot player's fantasy to hit the big money but the chances of getting it is very small.

The following are the most popular progressive jackpot online slots: Mega Moolah (Microgaming). With a four-tier progressive jackpot activated in the wheel. The Dark Night (Microgaming). The Dark Knight is another progressive from Microgaming. Gold Rally (Playtech). A classic 3 reel, 8. Progressive slots are slot machines for which the jackpot continues to grow. The jackpot is progressive, growing with each bet gamblers make. The final jackpot, which is only determined when someone wins, is taken from a percentage of all the bets played on a group of machines or a single slot machine.

Denominations

One of the easiest ways of organizing slot machines into different types is by looking at their denominations. Some games only accept pennies, while other machines only accept dollars. Some games allow you to choose from multiple dominations.

The most common denominations for slots play include:

Number of Reels

The spinning symbols on the front of the machine are called “reels”. They used to be large hoops made from metal that physically spun inside the machine, but now they’re usually just for show. In fact, on most modern slot games, these reels are just video screens.

Traditional old-school slot machines have three reels, but more advanced slot machine games use five reels. The additional reels make it possible to have even larger jackpots, because it’s correspondingly harder to win on a game with the additional reels.

You can read more about the different number of reels here:

Game Type

Slots have changed a huge amount over the years going from very basic games with 3 reels to highly interactive games with feature-rich 3d video and immersive sound. Furthermore, you can find different variations of the machines depending on where you are in the world. The list below covers the main types.

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Progressive Slot Machines Tips

Class II and Class III Slot Machines

Various jurisdictions in the United States categorize slot machines into one of two classes—class II games and class III games. The latter are the traditional slot machine games you’ll find in Las Vegas, Reno, Atlantic City, and other large gambling destinations. The former are usually found in smaller gambling destinations, often in states which only allow casinos operated by local Native American tribes.

A Class III slot machine is also called a “Vegas-style” slot machine. The outcomes of each spin are determined by the spinning of the reels, and each spin is an independent event. Anything can happen on any given spin, in respect to winning or losing, within the parameters of the game.

Class II slot machines, on the other hand, are more like bingo or lottery games. Instead of playing against the house, the way they do in a Vegas-style game, the players are playing against each other, trying to win a jackpot that has more in common with bingo or lottery. The game looks, sounds, and feels like a traditional slot machine, but the math and the mechanism behind the machine is all bingo-based. The results of the games are dependent on the other results—there are a certain number of wins and losses in each given set of numbers.

Flat Top versus Progressive Slot Machines

At one time, most slot machine games had a fixed top jackpot. Games with a fixed top prize are called “flat top” slot machines, and they’re still common. They offer a lower prize for the big winner, but the chances of winning that big prize are far better than the chances of winning a progressive jackpot.

A progressive slot machine has a jackpot that increases over time. This is usually a tremendously large jackpot, on a par with what someone might win playing the lottery. The game takes a tiny percentage of each bet placed and adds it to the jackpot’s total until it’s won, at which point the game starts over with its starting jackpot.

Progressive slot machines can be subcategorized even further. There are progressive slots which have a jackpot that is unique to an individual machine—these are called standalone progressives. Local area network jackpots, on the other hand, have multiple machines in a single casino, all of which share a single jackpot. These are also quite common.

Wide area progressives are linked across multiple casinos. These have the largest jackpots, because theoretically, a huge number of players are contributing to the jackpot every time they spin the wheel, no matter where they are. The most famous example of this type of slot machine is the Megabucks network, which starts at $10 million. On rare occasions, this game has reached $20 and even $30 million before someone won.

Online versus Land Based Slots

Online slot machine games are played on your computer via the Internet. These games work in a similar manner to traditional Vegas-style slots, but the money is all handled over the Internet, too.

Online slots offer distinct advantages and disadvantages over their land-based cousins. One of the big advantages is that the payout percentage for online games is often higher. The Internet casinos don’t have the same overhead costs as land-based casinos, so they’re able to afford a higher payout percentage.

One of the major disadvantages to playing online is that you don’t receive your winnings immediately. They go into your account at the casino, but you have to withdraw the funds, which usually involves processing time via both the casino’s cashier department and via whatever withdrawal method you’re using.

Loose versus Tight Slot Machines

These “types” are almost entirely subjective. A loose game is one that pays out more money more often, while a tight game is just the opposite. There’s no way for the casual casino customer to evaluate the payout percentage on a slot machine game, though, so it’s a matter of opinion as to whether or not a particular game is loose. You can find a variety of opinions on the matter at various Internet gambling forums, though, especially when it comes to online games.

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Paylines

Traditional slot machine games have one payline—right across the center of the three reels. If the symbols make certain combinations, the game pays out.

Newer slot machine games have multiple paylines on five reels. Some of these patterns are quite complicated, but they increase the player’s chances of winning at least something on every spin. Some machines have 3 paylines, 5 paylines, or even 25 paylines. One new type of slot machine is called “243 ways”, which does away with the concept of paylines entirely—if any combination of winning symbols is in the right order from left to right on the screen, then the machine pays out.

Modern slot machines often feature a bewildering array of bonus games and special wild symbols that function in various ways. And that’s just the state of the industry now. More slot machine types are sure to be developed over the coming decades.

If you’re looking to win a jackpot that could change your life, then progressive slots are the game to play. Let’s face it—you’ll never win several hundred thousand playing blackjack or roulette. The payouts just aren’t high enough.

The purpose of this page is to provide an explanation of what progressive slots are, how they work, and why you might be interested in playing them. We’ve also included descriptions of some of the more popular progressive jackpots available both online and in traditional brick-and-mortar casinos.

What Is a Progressive Slot, and How Does It Work?

On most slot machines, the jackpot is a fixed amount, but on a progressive game, the jackpot rises as players put coins in the machine and spin the wheels. A tiny percentage of each coin played is used to “feed” the jackpot. There are three types of progressive slot machine games.

Standalone Progressives

A standalone progressive slot machine has a jackpot ticker on the game, but only bets placed on that specific machine feed the jackpot. This was, at one time, the only kind of progressive slot machine game available, but most progressives feature multiple machines that are linked together. Still, so many standalone machines were manufactured that these games are still easily found in casinos throughout the world. Usually the jackpot on the games will be under $10,000.

Local Progressives

Local progressives were the next step in the evolution of this type of game, and they’re still commonly found. These games feature jackpots within a specific casino that are linked. This network can include as few as a dozen or so machines, or it can include a hundred machines—it just depends on the casino. Usually the jackpots available on these games are under $1,000,000, and often they’re under $100,000.

Wide Area Network Progressives

These are some of the most popular casino games on the market today. A wide area network jackpot links slot machines from multiple casinos in the same state. This allows the jackpot to accumulate into astronomical sums of money, often over $1 million and sometimes even over $10 million. The most well-known brand of wide area network progressives are the Megabucks games from IGT, which is the most successful slot machine design company in the world.

Types of progressive slot machines for sale

How Do You Win a Progressive Jackpot?

No strategy or system can increase your chances of winning a progressive jackpot on a slot machine game. The odds of winning are similar to the odds of winning the lottery, although you get many more chances of winning per hour with a slot machine game than you would get playing a lottery game.

An important thing to keep in mind about progressive jackpots is that they don’t become “due”. The chances of winning are astronomically small no matter how large the jackpot has gotten. It’s possible for a jackpot to grow large enough that a bet on a particular slots game will be a positive expectation bet, but it’s not a practical opportunity to win. A 1 in a million shot is still a 1 in a million shot, even if the jackpot is up to $2 million.

Online Progressive Jackpots

With the rise of online casinos, progressive jackpots on the Internet have become just as popular as the games in actual land-based casinos. Microgaming is one Internet casino provider which has established its fame and reputation based largely on its large assortment of fun, colorful, and relatively loose progressive jackpot games.

Online progressives work just like their land-based cousins. Every wager you make on your computer feeds a tiny amount into the progressive jackpot for that game. Since lots of players are now gambling from the comfort of their homes, these jackpots can become just as large and life-changing as the progressives in Vegas or Atlantic City.

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Best Progressive Slot Machines

Most Popular Progressive Games

Types Of Progressive Slot Machines For Sale

Megabucks is one of the most popular progressive networks available. The probability of winning this jackpot has been estimated at 1 in 50 million. The amounts won on this machine vary from $10 million into the hundreds of millions. Like many lottery games, Megabucks is paid out as an annuity over 25 years.

Wheel of Fortune is a popular brand of slot machine, and it’s available in multiple denominations. One of the most common versions is the quarter version, which has a starting jackpot of $200,000. The jackpot on this game has gotten close to $2 million in the past, but it’s usually won when it’s still under $1 million.

The dollar version of Wheel of Fortune progressives starts with a $1 million jackpot. It’s not unusual for the game to reach $5 million or more, and it’s almost reach $10 million on occasion. Like Megabucks, this jackpot is paid out as an annuity over time.

Elvis isn’t just the king of rock and roll. He’s also a symbol of classic Vegas, so it’s entirely appropriate that he has a progressive slot machine network named after him. The game starts with a $100,000 jackpot, and it costs 25 cents per spin. Keep in mind that to be eligible for the jackpot, you have to make the max bet, which is 3 coins, or 75 cents. We don’t recommend playing progressive slots without making the max bet, because you usually won’t be eligible for the top prize unless you do.

Mega Moolah is an online-only progressive jackpot available at Internet casinos powered by Microgaming software. Multiple games feature the brand name, and the jackpots and betting limits vary. This progressive network features some of the largest jackpots online, often reaching $1 million or more.