At Jackpot Capital, most of our gamers prefer slots over the other casino games we offer. Gamers love winning a slot machine jackpot from the top payout on a standard slot to the great progressive jackpots that often reach seven figures.
So, let’s look a little closer at the different types of slots and the different types of jackpots you can win!
In most slots, the biggest payout you can win is for getting five of the highest paying symbol. This symbol may be the slot’s logo, it may be the wild symbol, or it may be any other symbol Real Time Gaming chose to be the top paying symbol.
The jackpots or highest paying set of five symbols is often higher in the free spins bonus rounds. So, quite clearly, we need to look at both game play “venues” to see how slots payouts work.
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The one big exception to the above paragraph is in progressive jackpots where you can win the big jackpot in the regular game. Winning a progressive jackpot also usually involves getting five of a given symbol but the game is programmed to have that outcome occur relatively rarely.
As rare as a win in a progressive jackpot, such jackpots are won every day, by someone! Huge, life-changing jackpots!
The basic features may be the same for the regular game and for the bonus round but they are usually augmented by larger wins in the bonus round. The key point in both the regular game and in the bonus round is that the casino wants players to feel that they are either winning or coming very close to winning. A return to player rate of about 97% means that a player can play for a long time and come out slightly ahead or slightly behind.
Games providers such our own Real Time Gaming have developed many ways for players to win in addition to the basic way of getting three or more symbols in a row. Here are a few of the basic features of the regular game in slots:
Any symbol that substitutes for the other symbols except for the scatter symbol is a very special symbol indeed. In fact, there are several ways the wild symbols help you win spins and possibly a large payout.
Although there are a few slots that have slightly different features in the bonus rounds, most are for free spins. The free spins in these bonus rounds are “better” than the regular spins in some ways. That is why they are called bonus spins!
This is also sometimes called volatility. This term refers to a characteristic of slots where the return to player rate is either connected to many small wins or to a few big wins. It is ironic that some slots that offer higher jackpots also are highly variable.
In other words, if you play a slot with smaller jackpots, you might have a better chance of winning a jackpot and also of achieving a 100% or larger return to player rate!
The concept of variability can easily be seen in two very popular “games”: lotteries and bingo!
In a lottery, you might win hundreds of millions of dollars if you get all of the numbers right. However the odds against winning the big jackpot are about the same as the odds of getting a date with a Kardashian! LOL!
In bingo, the chances that you will win the big jackpot of the day—which is usually a few hundred dollars—are not so bad. In every bingo session someone wins the “big jackpot”. In fact, as the numbers wind down, there may be several players who need only one number to fill their card!
Lotteries are highly variable while bingo has very low variability!
The final word may simply be that we need to redefine the term “jackpot”. In our new definition, a jackpot is simply a high payout for a good spin. While almost everyone would be thrilled at winning a six or seven-figure jackpot, we should also understand that a four figure jackpot is a lot more common and we ought to celebrate those jackpots as well!
Join us at Jackpot Capital and discover how much fun it can be to win a couple of thousand dollars playing slots!
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