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Online slots award several of the biggest 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 on a regular basis. This is due to 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 common of which will be the wide-area progressive network. This kind of jackpot network links the prize pool of a particular game across a range of online casino web pages. For this reason, 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 type of jackpot network is very rare. Technology limitations restrict operators from linking jackpot pools unless the slot machines are physically connected via a ‘game bank’. However, presently, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. Nowadays, you will discover only some of these networks, including IGT’s ‘MegaJackpots’ network.
The range of players within the online casino world also contributes to the very fact that jackpots are a lot easier larger at gambling web pages. Multiple players can wager on the same game at once, linked resource site driving up the jackpot prize pool to lucrative levels. In the land-based casino world, only 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 around considering that the turn of the century, so the company has had over ten years to add new games and expand its prize pools. In the past, 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 regularly.
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 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.