Winning Slots Progressive

The local progressive slots were the successors of the standalone slot jackpots, and the first to offer players an opportunity to win a slot mega jackpot. The jackpots in the local progressive slots range from $100,000 to $1,000,000. Wide Network Progressive Slots. These are probably the reason you got interested in progressive slot machine. If you’re hoping to walk away with a really huge win, progressive jackpot slots are your best option. Every so often, a few lucky players walk away with life-changing sums of money, with many. Progressive Slots Progressive slots and slot machines have a jackpot that increases incrementally as players play the game. These can be standalone machines, where the jackpot increases on just that one machine, or they can be networks of machines, where the jackpot increases across the entire network. But they’re still far better than the odds of winning that progressive slot machine’s jackpot. That’s it, really. Playing progressive slots, like I mentioned at the beginning, just isn’t hard to do. You put your money in and hope to win enough money to retire for the rest of your life.

If you want to play progressive slots, this post will explain how. In fact, it probably won’t be the longest post in the world, because playing progressive slots is no harder than playing any other kind of slot machine. You put your money in, you press the spin button, and you hope for the best.

But what I’ve tried to do with this post is give you enough information about how progressive slot machines work that you can be an educated player.

And you can check our complete progressive jackpots guide to find out even more.

Not all these tips will apply to you, but I suspect most of them will, no matter your level of expertise.

Let’s go ahead!

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

Most people know what a slot machine is, but if you’re completely new to the subject, here’s a quick description of slots games in general.

A slot machine game is a gambling machine with spinning reels. Each reel has symbols on it, and the point at which each reel stops is determined randomly. Specific combinations of symbols across a payline result in payouts.

The simplest version of a slot machine has three reels and a single payline horizontally across the middle of the machine.

Modern slot machines are often more complicated than this. They might have five reels, and the paylines come in a bewildering array of patterns. You have to place a separate bet on each payline, too.

The easiest way to describe paylines is to compare them with variations of bingo. They always run from left to right, but they sometimes come in a zig-zag pattern. You also have symbols that land on the rows above and below the center payline.

Originally, slot machines were powered by metal reels, springs, and gears. Now, the reels are just for show. A computer program called a random number generator (RNG) determines the results, and the probabilities are programmed into the RNG.

This enables the slot machine manufacturers to make bigger machines with more possible symbols and different probabilities for each symbol. This process is called “weighting.”

On an old-school, mechanical slot machine with 10 symbols on each reel, you had a 1/10 probability for any given symbol to show up.

But with weighting in place, some symbols might be programmed to come up more often and others programmed to come up less often. You might have some symbols which come up as often as 1/5 of the time and others which only come up as seldom as 1/20 or 1/50 of the time.

And, of course, the probability of getting multiple winning symbols to line up is calculated by multiplying the probability of getting that symbol on each reel.

Understanding this part is important because it makes it clear how the casino is able to offer such large jackpots without losing money. For the casino to make money from slot machines, they need a statistical advantage. They get that advantage by paying out at odds lower than the odds of winning. The difference is their long-term profit.

To offer a 6-figure or 7-figure jackpot, they need to be able to get odds that are 6 figures or 7 figures to 1. You can only do that if you weight the symbols so that they come up less often than they would on a mechanical reel.

I’ll have more to say about probability and odds in a bit.

A progressive slot machine, though, is a game where the jackpot gets bigger over time — as it gets played. A small percentage of each bet goes into the jackpot.

You’ll find three different kinds of progressive slot machines.

• The first is a standalone progressive. This is a game where the jackpot is exclusive to that game. Every bet fuels the jackpot just for that machine. The ticker doesn’t move unless someone is playing on that machine.
• The second is a local area network progressive. This is a game where multiple slot machines in the same casino share the same jackpot. If anyone is playing any of the machines in that network of games, the jackpot is growing for all those machines.
• The third is the wide area progressive jackpot. This is a game that’s networked with multiple slot machines in multiple locations. These jackpots grow huge because so many people are playing them.

Winning Slots Progressive Jackpots

Once someone wins one of these progressive jackpots, it resets to whatever its starting value was, and it starts growing again.

Where Do You Find Progressive Slot Machines?

You can find progressive slot machines at almost every casino in the world, although slot machines are more popular in the United States than in Europe. You can also find progressive slot machines at online casinos. The games available online vary based on what kind of software the casino is using.

You can find these games by looking for the games with a progressive jackpot ticker at the top of the machine. This is a digital display of the size of the jackpot. With wide area progressives, this number changes (grows) almost constantly, which adds to the excitement for prospective players.

If you’re having trouble finding a progressive slot machine in a particular land-based casino, just ask one of the employees there for help finding them. They’ll know where they are. Don’t forget to give the staff member who helped you at least a $1 tip for helping you.
You’ll get better service in general if you become known as a generous tipper. And casino employees talk.

Odds, Probability, the House Edge, and Payback Percentages

The method most gamblers and casinos use to measure the odds in a slot machine game is the payback percentage. This is the statistical average of payouts on that machine expressed as a percentage of each bet that should be paid back to the player in the long run.

Since the payback percentage is almost always less than 100%, it’s clear to see how the casino makes its profit.

The lower the payback percentage is, the faster you’ll lose your money when playing the machine. The payback percentage is just a function of how much you’ll win for each combination multiplied by the probability of hitting that combination.

The machines aren’t programmed to run in cycles or to start losing after a certain point to guarantee a certain payback percentage. The payback percentage is strictly a function of the probabilities and payouts.

You might have a slot machine that pays out some kind of prize 45% of the time. The size of those prizes multiplied by the size of those prizes is what determines the payback percentage.

One way to think about it is as if you were playing a simple gambling game where you’re flipping a coin and guessing which side it will land on.

If you win, you get 50 cents. If you lose, you lose 55 cents.
Half the time, you’ll win, but the other half of the time, you’ll lose a larger amount. Over time, you’ll lose all your money.

That’s how the math and probability behind all casino games works.

Most slot machines have a payback percentage of between 75% and 95%. Lots of factors determine the payback percentage for a specific machine. At more competitive casinos, you’ll generally see a higher payback percentage. At airports and bars, you’ll see payback percentages on the lower end of that scale. At casinos on the Strip in Las Vegas, you’ll see payback percentages at the higher end of that spectrum.

At casinos in less competitive locales, like Oklahoma, the payback percentages are generally lower.

Also, the denomination of the slot machine is a factor. Casinos make more money from a player betting $3 per spin than they do from someone betting 75 cents per spin, even if the payback percentage is better on the $3 per spin player.

Look at the math.

• 600 spins per hour at $3 per spin is $1,800. With a payback percentage of 95%, the game pays back an average of $1,710. The player loses $90 in an hour, on average.
• 600 spins per hour at 75 cents per spin is $450 per hour. With a payback percentage of 90%, the game pays back an average of $405. The player loses $45 per hour.

Even though the house edge is twice as high on the lower-stakes game, the casino makes less money per hour on average.

You’ll also want to keep two things in mind about the odds and probability as they relate to progressive slot machines.

The first is that the tiny percentage of each bet that fuels the jackpot comes directly off your payback percentage. It has to.

So a game that would otherwise have a 95% payback percentage would only have a 94% payback percentage once you account for the contribution toward the jackpot.

The second is that the payback percentage assumes that you’ll sometimes win the progressive jackpot. But in reality, you probably won’t ever hit that jackpot. The bigger the progressive jackpot, the less likely you are to win it.

This means that a 94% payback percentage might only be 90% after you account for never hitting the progressive jackpot.

For this reason, the odds and the payback percentage for a progressive slot machine are always worse than it is for just a regular old slot machine game.

You should also take advantage of any kinds of comps and freebies the casino is willing to offer. Those only amount to between 0.1% and 0.5% of your action, but you should get as much action as you can for your money. This includes taking advantage of the free drinks at the casino.

Odds Of Winning Progressive Slots

Of course, none of that applies at online casinos. Keep in mind, too, with online casinos, that many of them limit their payouts to their players to a specific maximum dollar amount per week. Winning $100,000 is a lot less fun if it takes you 100 weeks to collect.

Playing Tips and Tricks

I don’t have many tips and tricks to offer a progressive slots player other than this.

Make sure you’re betting enough to be eligible for the progressive jackpot. Some games don’t require you to bet the max to qualify, but some do. It’s up to you to read the pay table to tell the difference.

If you’re not going to bet enough to win the progressive jackpot, find another machine to play.

Other than that, try to spin the reels more slowly. The more spins you pay for, the more money you’ll lose over time, on average. If you make 300 spins per hour instead of 600 spins per hour, you’ll probably lose half as much money on the slot machines over time.

Also, you should never play with money you need for something else. If you think you’re going to get lucky and solve all your problems with a progressive slot machine jackpot, you’re delusional.

An Easier Way to Win a Life-Changing Jackpot

Michael Bluejay wrote a great page about how you’re far more likely to win a million dollars by parlaying your winners on a table game.

In other words, you might bet $10 on a single number at roulette, and you’d win $350. Then bet the entire $360 on a single number again. This time, you’ll win $12,600.

Bet the entire $12,960 on a single number again, and you’ve won $453,000+.

The odds of winning these three bets in a row?

Those sound like terrible odds, and they are.

But they’re still far better than the odds of winning that progressive slot machine’s jackpot.

Conclusion

That’s it, really. Playing progressive slots, like I mentioned at the beginning, just isn’t hard to do. You put your money in and hope to win enough money to retire for the rest of your life.

I don’t generally play progressive slot machines, myself. I don’t like the odds.

But I’ll play some of the time just for grins, and I think that’s the best approach. People win progressive slot machine jackpots every day, and you have just as good a chance of winning as anyone else.

The only strategy you really need to remember is to make sure you’re betting enough to win the progressive jackpot. Some games don’t allow you to win the big jackpot unless you’ve bet the max number of coins.

Other than that, these are games of luck. Treat them as such.

When it comes to slot machines, you have two broad categories. There are flat top slot machines, and there are progressive slot machines.

A flat-top slot machine is more common, and it’s a game where the top prize is a fixed amount. 1,000 coins is a common prize, but it varies by machine.

Progressive slot machines, on the other hand, have top prizes (jackpots) that grow over time until they’re hit. They can be compared to lottery games in that respect. You know how the lottery gets bigger every week if there was no winner the previous week? Hitting the progressive on jackpot on real money slot machines is just like that.

How Big Does the Jackpot Get on a Progressive Slot Machine?

The obvious first question is, how big does the jackpot on a progressive slot machine get? The answer is that it varies based on the game.

You can find progressive jackpots that rival lottery prizes in size. The Megabucks slots in Nevada have the biggest progressive slot machine jackpot in the world. The jackpot starts at $10 million and grows until someone hits it.

When I wrote this post, the jackpot was at $15 million and growing. The biggest the jackpot ever got was in 2003, when it had risen to almost $40 million before getting hit. It’s also gotten as big as $35 million before being hit, too. But that’s on the outside end of the spectrum.

Progressive jackpots can also be much smaller, depending on the casino and the specific game. You can find plenty of progressive jackpots on the other end of the spectrum, too. Online progressives can be as low as $500 or $600.

The advantage to lower-sized progressive jackpots is that you’re more likely to win one. The odds of winning something like Megabucks are astronomically small.

What Does a Progressive Jackpot Do to the Expected Return?

If you’re not familiar with the expression, the “expected return” for a slot machine is the percentage of the money you get back in the long run when playing the machine. It’s expressed as a percentage, and it’s always less than 100%.

Here’s what that means: If you have a slot machine with an expected total return of 94%, you expect to get back 94 cents for every dollar you put into the machine.

If you’re an average slot machine player, you might make 500 spins per hour. If you’re playing for a dollar per spin, you’re putting $500 through the machine per hour.

94% of $500 is $470, which means you’ll lose an average of $30 per hour on that machine.

That’s no guarantee, by the way. That’s an average you can expect in the long run, over dozens of hours. In the short term, you might see an hour or a session where you were up $30 or even $300. You might see other hours or sessions where you lost $60 or $120 or even more. That’s why it’s random.

The Size of the Jackpot Has an Effect on the Actual Return

The actual return on a machine is the actual amount you get back. This is opposed to the theoretical return on the machine, which is what most people mean when they talk about expected return.

But when you’re dealing with a jackpot that has such a low probability of being hit, its theoretical return might as well be zero. After all, if the probability is so close to zero that you might not expect to hit it in a lifetime of play, it might as well not even count.

Megabucks is a good example. The odds of winning the jackpot are about 1 in 50,000,000. How long would it take to make 50,000,000 spins on Megabucks?

At 500 spins per hour, you’re looking at 100,000 hours of play. If you played Megabucks 40 hours a week for 50 weeks a year, you’d get in 2,000 hours of play. That’s 50 years of playing Megabucks as a full-time job.

No one I know would want to spend 50 years playing for that jackpot. So, you might as well subtract the expected value for the jackpot from the overall expected return for the game.

Usually, this means that the expected return for a big progressive jackpot is effectively lower than it would be if you were playing a flat top slot machine game.

What Kinds of Progressive Jackpot Slot Machines Are There?

Winning Slots Progressive Jackpot

I mentioned before that I like to categorize things, and I’ve found that categorizing progressive slot machines is easy. You have three types:

1. Individual machines
2. Local area-networked machines
3. Wide area-networked machines

An individual machine with a progressive jackpot has a jackpot that grows as you play it. The jackpot also grows when someone else plays it. But it doesn’t grow when it’s not being played. A percentage of each bet “fuels” that jackpot, so the jackpot ticker doesn’t move when no one is playing the game.

It’s a jackpot ticket for an individual machine. Local area-networked machines are slot machines in a single casino and sometimes in the same bank where your play on any of the networked machines that fuels the jackpot. When someone on any of the networked machines wins, the jackpot resets to its original amount.

Generally, the gambling games with the biggest jackpots are wide area machines, and the games with the smallest jackpots are the individual machines.

What Happens When You Gamble and Win a Jackpot?

First, the machines don’t pay out immediately in coins when you win a progressive jackpot. Such a payoff would be impractical.

A flashing light usually goes off on a progressive jackpot machine when it’s hit, and a slot machine attendant will visit you. The casino will set things up for you so that you get paid. If it’s a huge jackpot like Megabucks, it’s similar to winning the lottery.

You don’t just get a check handed to you. But you do get paid. Also, keep in mind that gambling winnings are taxable income. The casino will provide you with an earnings report. You should keep a diary of your gambling expenses so that if you do win big, you can defray at least some of the taxes you owe with these expenses.

You can’t defray expenses unless you’re a winning player, though, and you can never claim more in losses than you’ve won in a calendar year.

This is true for any United States casinos, and it applies to any winnings at the casino over a specific amount. Small wins like $50 are no big deal and don’t get reported, but once you get into progressive jackpot territory, they definitely get reported.

How Do You Win Progressive Jackpot Casino Slot Machines?

There’s no magic trick to winning at progressive slots. They’re like the lottery. No amount of superstition or astrology can help you win. You just have to get lucky.

It also doesn’t matter where the slot machine is located in the casino. For years, people have suggested that the loosest slot machines are the ones nearest the walkways in the casinos, but that’s just one of the common casino myths. It might have had some basis in truth at one time. But as far as I know, no casino or casino manager makes it that easy to spot the “loose” progressive slots.

Conclusion

Hitting the jackpot with progressive slot machines is something most of us will never achieve. If you do become a progressive jackpot winner, it will probably be on one of the games with the smaller jackpots—the individual machines.

Still, it’s fun to watch the jackpot ticker grow constantly, and it’s even more fun to daydream about what you’re going to do when you win all that money.