What is a progressive jackpot?

The famous Mega Moolah is a so called ‘progressive’ jackpot slot. That means the jackpot gradually increases with each beth. Each time, a small percentage of the bet is added to the jackpot. So in a matter of days or weeks, a progressive jackpot can grow into a large amount of money. Each time the progressive jackpot is won, the amount reverts back to the standard value after which it can gradually increase again. Often multiple machines are linked together, for example the classic Mega Moolah and the Mega Moolah. This makes the amount rise even quicker. Read more about which progressive jackpots there are here.

Online Progressive jackpots

Progressive jackpots: you can find them both online and in real life. One of the most popular companies in the game of progressive jackpots is Microgaming. They don’t only have a big assortment of games, they have an excellent reputation as well. The most known and popular progressive jackpot to play is undoubtedly the Mega Moolah. Did you know that someone from the UK once won the jackpot of over €17 million euros? A record win in the world of online casinos. Over the years playing online has become more and more popular, which means progressive jackpots increase in value quicker as well. This can only mean that in the years to come, the jackpot wins will be higher too. Plenty of reason for excitement and life-changing wins.

Estimate when it will hit

A progressive jackpot tickle’s many people’s fantasy, for the simple reason that there is a lot of money at stake and guessing when the jackpot hits adds to the excitement too. There are many websites and forums dedicated to the speculations of when a Mega Moolah jackpot will hit and people love to create their own theories. It’s said that the best way to play on a progressive jackpot slot like the Mega Moolah is by considering its break-even point. This point refers to the continuous growth of the jackpot. When it exceeds break-even, the chances of winning are high resulting in a positive expectation bet for the player. When the progressive jackpot is below break-even, chances are much smaller. But then again: this is gambling and sometimes even after exceeding break-even, it can take a long time (and many plays) before the jackpot hits.

Increasing winning chances

In the above we explained the break-even point in a progressive jackpot, but in what other ways can you increase your winning chances? Well, playing regularly will do, as well as not overdoing it and analyzing previous wins. Sometimes casino’s communicate the stats of winnings: when it hit, at what time, at what value. There are definitely some patterns to be discovered, but it’s up to you to decide what they mean!