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Online slots award some of the largest jackpots that the gambling world has ever seen. While fantastic slot online machines in land-based gambling venues are quite generous, progressive slots within the online casino market make players into multimillionaires on a regular basis. This really is due to the sheer number of players within the online gambling market and also the vastness of online progressive slots networks.
In the online casino world, you can find three kinds of jackpot networks, the most typical of which is the wide-area progressive network. This sort of jackpot network links the prize pool of a particular game across a range of online casino websites. Therefore, hundreds of players at lots of online 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’. On the contrary, presently, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. Lately, you will find just a few of these networks, including IGT’s ‘MegaJackpots’ network.
The number of players in the online casino world also contributes to the fact that jackpots are much larger at gambling sites. Multiple players can wager on the same game at once, driving up the jackpot prize pool to profitable levels. In 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 to online slots jackpots.
The largest jackpot networks in the online casino world belong to Microgaming and PlayTech. Microgaming’s progressive jackpot network has been around since the turn of the century, so the company has had over 10 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 has paid out over $126 million in winnings over the course of the decade. The biggest jackpot ever awarded by PlayTech was worth a superb $7.5 million from the game Beach Life.
Some newer online jackpot networks will also be proving themselves to be quite generous. By way of example, International Game Technology’s MegaJackpots network offers prizes worth no less than $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.