Everyone playing games in a casino either online or offline are bound to be familiar with the concept of a jackpot. Casino players may either win or lose individual games however a Jackpot is a big win which is possible to win in several online casinos, each casino has their own set of rules & regulations.
A popular game for jackpots is the slot machine. There are many types of Jackpot. The pooled jackpot is one of the favorites amongst online gamers since it is a jackpot that is linked to a network of online casinos. Unlike local jackpots, it is likely to be higher winnings and in higher frequency too.
NetEnt casino offers a pooled jackpot since it is linked to a large number of online casinos and involves millions of players. The major benefit is that there is a more frequent chance of winning big.
Common Types of Jackpot
- Flat Jackpot: This jackpot is self-explanatory and is a set sum that remains constant until it has been won. It best suits those players who are on a lower spending budget since it has a lower coin value. It tends to be won more often, but the wins are smaller than other types of jackpots like the progressive ones.
- Standalone Progressive Jackpot: This jackpot grows over time and depends on how it is played. The way it works is that a small portion of each bet goes to the jackpot which keeps it growing. Since it is standalone progressive it is limited to specific casino and will have a jackpot that is lower than wide progressive jackpot.
- Wide Progressive Jackpot: This is one of the most common types of jackpots online. It is similar to a standalone progressive jackpot, the difference being that it is linked to other casinos around the world and grows with the help of contributions from each player and game, irrespective of the location and time of the day. This tends to have a high value which many players find appealing.
- Proprietary Progressive Jackpot: This is one of the biggest jackpots and is also known as an independent jackpot. The prize grows with the help of multiple players with higher gameplay costs. It has a higher value which comes with higher risk as well. It is linked across many gaming machines and it often played by friends or colleagues.
- Pooled Progressive Jackpots: Pooled progressive jackpot has already been explained earlier in this article. There are several games available in many different casinos all linked to a together and add to the jackpot. The winner received the entire jackpot, which is a combined sum from several online casinos and not just the local one.
- Local Progressive Jackpots: A local jackpot as the name suggests is exclusive to a specific casino and grows only with the help of the games played in that casino. Thus, it can be won only by the players of that casino and tends to be a lower amount.
Features of Pooled Jackpots
The pooled jackpot is usually linked to either a local or state-linked slot machine. The local-linked slot machine is a type of pooled jackpot that involves all the slot machines of the same casino. This means the jackpot increases as more players play the slot games. On the other hand, the pooled jackpot for the State Linked Slot machines involves slot machines from several casinos in the city and around the world. There is no limit to the size of the network, thus the jacket can be larger and it is possible for a player to win the entire jackpot irrespective of the casino they play from.