All Types of Casino Jackpots Explained

Not all casino games can bring the same profit to their lucky winners. Some games have better payouts, while the others pay modest sums of money but do it more frequently. To learn all the nuances about potential profit in gambling games, here you have all types of casino jackpots explained.

When an inexperienced gambler hears the word “jackpot”, he probably thinks of the difficulties he might face to hit it. Most newcomers in the gambling world think that success at casino games depends purely on luck. There is a grain of truth of course, but gambling is not completely about randomness. It involves a lot of thinking, strategies, and knowledge about games one should play to win. One of the main things everyone has to know about casino games is the types of jackpots.

Both land-based and online casinos offer multiple games, all with different types of jackpots. If you want to have all types of casino jackpots explained along with their peculiarities, advantages, and disadvantages, just scroll down to keep reading!

All Types of Casino Jackpots Explained

So, it is not a secret anymore that online and offline casino games feature several types of jackpots. All have their own pros and cons. Not all jackpots can fit the same player as everyone has his own goals in gambling.

We have already focused on two main types of jackpots in slots which will be present in this article too. However, casinos usually offer games with one of the five types of jackpots that exist. They include:

• Fixed jackpots
• Progressive jackpots
• Network jackpots
• Wide Area Progressive
• Multiple jackpots

Fixed Jackpots

Casino games with fixed jackpots are also called non-progressive. In games like these, the maximum jackpot doesn’t increase despite how much players bet. In other words, jackpots are set by casinos like 22Bet for each game and they never change. If the jackpot is set to be $500, the player will never win more than this amount. 

Most casino games including slots feature fixed or non-progressive jackpots. Although they may seem non-profitable, especially for players who play on high stakes, games with fixed jackpots are quite easy to win. Gambling games with non-progressive jackpots often pay out both small and larger sums of money than games with other types of jackpots.

Progressive Jackpot and Its Types

On the contrary, progressive jackpots are jackpots that are constantly increasing. Games with progressive jackpots keep growing every time someone plates them but doesn’t win. The pot accumulates until one lucky player wins and claims all the money. Once a progressive jackpot is won, the pot starts accumulating from scratch. Obviously, the longer no one hits the jackpot, the bigger it gets. Sometimes, progressive jackpots reach dozens and hundreds of thousands, or even millions at online casinos in Germany.

The disadvantage of progressive jackpots is that one can spend a long-long time attempting to win the game but the prize will go to another player who played it once at the right time. 

Network Jackpots

Network jackpots belong to progressive ones. However, they have a crucial difference which is, in fact, networking. What does it mean? While games with progressive jackpots are offered by individual casinos, games with network jackpots are hosted by multiple casinos.

For instance, three online casinos host the same game, usually a live dealer game. As it is broadcast at different sites at once and involves players from all three, the game shares the same jackpot on three sites.

Wide Area Progressive Jackpots 

Wide Area Progressive (WAP) jackpots are also related to progressive jackpots. Unlike network jackpots, these come from a small percentage of every bet made not just at different casino sites but all over the world. It works if the same game from the same provider is found in multiple locations. Therefore, they are theoretically the most profitable games for players because the pot can reach astronomical sums. However, the problem is that the player never knows whether this particular game has the WAP jackpot or just the progressive one. It all depends on luck. 

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Multiple Jackpots

Some online gambling sites in Germany offer games with multiple jackpots. They are not as popular as others but are necessary to be mentioned if we want to have all types of casino jackpots explained. As a rule, these games feature two or more pots with small prizes. It allows multiple players to hit the jackpot at the same time. Also, there are games that let players hit one mega jackpot and several smaller pots. Nevertheless, games with multiple jackpots can be quite profitable for players and casinos at the same time. Most games with multiple jackpots are slots.