Progressive Jackpots in NZ Casinos
Playing online pokies has its own set of perks and benefits. Compared to other casino games, pokies are easy to play and come with basic rules. You just select the slot game you want to play, configure the bet and number of lines, and click ‘Spin’. Also, you don’t need to memorize a complicated set of rules and strategies. All outcomes of the games are at random thanks to the use of a Random Number Generator (RNG). But there’s one more benefit that players from New Zealand are looking for- the massive jackpots that can be earned by playing the games. Jackpots come in many forms but the most popular of them all is the progressive jackpots. In this article, we take a look at how progressive jackpots work!
Here are Some of the Best Progressive Jackpot Pokies Online
- Arabian Nights
- Mega Moolah
- Hall of Gods
- Divine Fortune
- Mega Fortune
Progressive Jackpots- How They Work
Progressive jackpot games are popular online. The progressive online slots are games that are programmed to deliver thousands if not millions worth of prizes. As the name suggests, the jackpot will grow every time a player bets and the jackpot is not won. In these games, a seed amount is used as the prize and it continuously grows until such time a lucky player hits the winning combination.
Why Play these Progressive Jackpot Games?
If you have a choice, it’s best to consider the jackpot games offered by top casinos accepting players from New Zealand. The prize and excitement level are almost limitless- it can grow to unimaginable numbers if the winning combination is not yet unlocked.
Also, progressive pokies games are known for its exciting themes and imagery. Just take the case of Mega Moolah, considered as the most popular of them all. When you play this game, you will be transported to the African savanna and discover the wild animals.
Finally, the results are always at random. This means that players have equal chances of winning the jackpots.
Play With Confidence by Understanding the House Edge and Odds
Since these are still casino games, your odds of winning will vary depending on a number of factors.
One important factor to keep in mind when playing online pokies is the Return to Player (RTP) percentage. This should tell you how efficient the game is in returning payouts to players. Look for games that offer an RTP close to 100%. The results are all at random but games are programmed to pay out based on the RTP.
When it comes to payouts, the amount of jackpots that can be won will vary. All progressive pokies games will start at a seed amount, often starting at NZD 500 to NZD 1,000. As long as the winning combination is not met, the jackpot will continue to grow.
How Progressive Jackpots Started in New Zealand
Online pokies including the progressive jackpots have a long and colorful history. In New Zealand, these types of games were first introduced in 1986 by International Game Technology (IGT). Compared to other traditional jackpot games, the progressive slots are known for jackpots that continuously grow.
In the history of the game, the first game was the Megabucks and was first made available in the United States. During this time, the seed money was pegged at $1 million and subsequent wagers from the players. The first player who managed to land the jackpot won $4,988,842.17. This win was recorded on February 1, 1987 in Reno, Nevada. Initially, the progressive jackpot slots were just limited in the US. But the games soon expanded to other countries including New Zealand.
IGT was the first software vendor that designed these types of games. Other companies soon followed and designed their own pokies games. The availability of more pokies mean more players can enjoy the massive winnings. There was even a time when at least 250 players shared the jackpot of one progressive slot game.
In some progressive slots, players will find two types of jackpots- the primary and secondary. The primary jackpot is often displayed in the main screen and the second one is displayed in the secondary screen, often at the bottom of the screen. In most pokies games, the primary jackpot is often bigger.
Key Terms You Need to Know About Progressive Slots
Stand-alone Progressive Slots. These are the types of games that feature its own set of jackpots and not influenced or linked to other games.
In-House Progressive Slots. These pokies are known for bigger progressive jackpots and are often hit frequently.
Wide Area Progressive Slots. This refers to a collection of slot games that are linked together and share the same progressive jackpot.
Credits. This refers to the conversion of your money when entered into the pokies game.
Line Bet. This refers to the active pay lines on a pokies machine with multiple lines.
Primary Jackpot. This is biggest prize that a player can win in a progressive slot game.
Payout. This is the amount that you will collect if you land a certain combination of symbols.
Jackpot. This is the top prize that you can get from the game and often explained in the pay table.