Online Slots Progressive Insurance? Strategies for Winning Progressive Slot Jackpots
Because the stakes can get so high while the odds of winning remain relatively low, you might be wondering if there is such a thing as online slots progressive insurance. Unfortunately, the official answer to that question is no, but there are a few strategies used by more serious gamblers that can help you increase your chances of hitting it big. These don’t guarantee a jackpot of course, but they can certainly make the game more profitable on average as well as more exciting to play.
How Slot Games Work
There is a slight advantage in playing online progressive slots over those found in a live casino. This advantage lies in the fact that online casinos tend to payout a higher percentage than live casinos, though both types of establishments are bound to a minimum payout percentage by law.
Slot machines operate with a special kind of computer software known as a Random Number Generator (RNG). The RNG is responsible for the combinations that appear on-screen – not the casino. This means that regardless where you choose to play slots, your chances of winning are basically the same with the exception of the slight advantage provided by online casinos previously mentioned. That said, there are certain games that payout better than others, and these are usually advertised as such. Because online casinos offer a virtually unlimited range of slot games, you have a wider variety from which to choose than you would at many live casinos. By doing a little research on the games themselves in advance, you stand a much better chance of winning by choosing your preferred slot game wisely.
How Progressive Slots Differ from Stand-Alone Slot Machines
The inherent difference of progressive slot games – as opposed to stand-alone slots – lies in the associated network. Progressive slots operate within a network of connected slot machines, all of which contribute player deposits into a collective, steadily increasing (progressive) jackpot. Because there can be so many people playing within the network at any given time, the odds of a particular player winning are decreased in comparison to a stand-alone slot game. However, the overall percentages paid out from progressive slots fall under the same regulations as regular slot games, and so there is a minimum percentage which must be paid out. What this means to the players is that money is being paid out, though it may seem to be less frequent than with standard slots. The trade-off, of course, is the much higher jackpot that’s at stake.
The same rules of how slot games work in general apply to progressive slots, as well. So, if you’re going to invest the time and money into a high-stakes game like this, it’s well worth the minimal effort it takes to research the progressive slot games that appear to be the most profitable overall. This is the closest thing there is to online slots progressive insurance, maximizing your odds of winning through intelligent selection of active games. Slots are a game of chance, after all, but that’s what makes them so exciting!