Online slots award several of the largest jackpots that the gambling world has ever seen. While slot machines in land-based gambling venues are quite generous, progressive slots within the online casino market make players into multimillionaires frequently. This is due to the sheer number of players within the online gambling market as well as the vastness of online progressive slots networks.
Within the online casino world, you will discover three kinds 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 number of online casino web sites. Consequently, hundreds of players at dozens of online casinos contribute to the prize pool, ensuring that the prizes climb very quickly.
At land-based casinos, this kind of jackpot network is quite rare. Technology limitations restrict operators from linking jackpot pools unless the slot machines are physically connected via a 'game bank'. However, in recent years, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. Nowadays, there are actually only some of these networks, including IGT's 'MegaJackpots' network.
The range of players in the online casino world also contributes to the truth that jackpots tend to be larger at gambling sites. Multiple players can wager on the exact same game at once, driving up the jackpot prize pool to profitable 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 within the online casino world belong to Microgaming and PlayTech. Microgaming's progressive jackpot network has existed considering that the turn of the century, so the company has had over a decade click to find out more 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 business'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 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 largest 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. 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 biggest jackpot ever awarded in the online casino world.
At land-based casinos, this kind of jackpot network is quite rare. Technology limitations restrict operators from linking jackpot pools unless the slot machines are physically connected via a 'game bank'. However, in recent years, companies like International Game Technology have invented technological solutions that allow land-based operators to link games on a wide-area basis. Nowadays, there are actually only some of these networks, including IGT's 'MegaJackpots' network.
The range of players in the online casino world also contributes to the truth that jackpots tend to be larger at gambling sites. Multiple players can wager on the exact same game at once, driving up the jackpot prize pool to profitable 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 within the online casino world belong to Microgaming and PlayTech. Microgaming's progressive jackpot network has existed considering that the turn of the century, so the company has had over a decade click to find out more 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 business'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 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 largest 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. 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 biggest jackpot ever awarded in the online casino world.