Fixed vs Progressive Jackpots in Online Pokies

Progressive Vs Fixed Pokies Jackpots - Which Has More Winning Potential?

3 min

Wondering whether you should aim for a fixed jackpot or take a shot at a progressive one? You’re not alone! Choosing between these two types of jackpots can feel like a gamble in itself. With fixed jackpots offering steady, predictable payouts and progressive jackpots dangling the chance for life-changing sums, it’s easy to see why players often struggle to decide which path to take.

Our team at CasinoAlpha has delved into both types, comparing their odds, payouts, and strategies to help you make the best choice. We’ve crunched the numbers and analyzed the pros and cons to give you a clear picture of what each jackpot type has to offer.

Everything You Need to Know About Hitting it Big on Fixed Jackpot Slots

Fixed Jackpots are pre-determined and presented in the slot’s info. You should know, however, that even if they’re called “Fxed”, the amount you can win still varies. To increase your chances of winning, it helps to understand the pokies terms for online gamblers so you know exactly what to look for when playing.

Their value is usually calculated as a multiple of the bet amount. So, if an online slot has a fixed jackpot of 10,000x and you bet $2 on the winning spin, you’re looking at a jackpot win of $20,000.

Cracking the Code: An Inside Look at How Progressive Jackpots Work

Cracking the Code: An Inside Look at How Progressive Jackpots Work

Progressive jackpots are a bit more complicated. Opposed to the fixed ones, the amount you can win is constantly changing. As the name suggests, the value of such a prize grows with each new bet placed on that specific slot.

Another massive difference between progressive and non-progressive jackpots concerns the prize pool. If the game provider guarantees the funds for the fixed jackpots, the progressive ones are fueled by small amounts portions of each bet placed on that game.

Popular progressive jackpot slots, like Mega Moolah from Microgaming, are available at hundreds of online casinos across New Zealand. The record so far is almost £17 million hit by a lucky Belgian player in 2021 on Absolootly Mad: Mega Moolah.

Progressive vs Fixed: Comparing Your Odds of Hitting  Jackpots

Based on our research, you’re better off chasing a lower, fixed jackpot than going after a larger progressive one. But, of course, it’s a subjective experience, and you must consider things like available balance, volatility, or bonuses. If you’re considering using features like autoplay, make sure to understand the pros and cons of autoplay to help you make the best choice.

Fixed jackpot slots are safer; you can hit one without spending a fortune. These games have a medium volatility, offering frequent wins with a decent average value. In most cases, casinos allow players to use bonuses on fixed jackpots, enabling them to play with a more extended balance.

On the other hand, progressive jackpot games are high volatility. Even when talking about regular wins, these slots offer them infrequently. Furthermore, not only that the big jackpot is rarely hit, but you also can’t enjoy these titles with deposit bonuses.

Time to Decide: Should You Play Progressive or Fixed Jackpots?

Both jackpot types are largely dependent on luck. We can make lists of pros, cons, evaluate volatility, and many other parameters. However, there’s no guaranteed recipe for hitting a fixed or progressive jackpot.

While the math shows your chances of hitting a fixed jackpot are higher, there are instances when players took a multi-million progressive prize with a couple of $0,50 bets. So, the best approach would be to mix and match.

Why choose between one jackpot type or another? You can try your luck at both categories and see what works best. We’re saying there is no “correct” or “incorrect” option. You can hit wins playing any variety as long as you know how the two jackpot types work and get all the info on the slots you’re about to play.

What are your thoughts on jackpots?

If you have any other advice about playing jackpots, do let us know. To better our material for our NZ gamers, we are constantly interested in hearing about fresh perspectives and experiences on your best real money casino pokies.

F.A.Q.

How do you win a progressive jackpot?

Progressive jackpots, just like the fixed ones, are triggered by a combination of symbols in the base game. Usually, you need three or more identical symbols to trigger the jackpot that is awarded immediately or after a specific bonus game. These bonus games can distinguish between hitting the Mini, Minor, Major, or Mega jackpot.

Is there a maximum amount for progressive jackpots?

Not really. These jackpot types grow with every bet on the game, so there’s no cap or maximum value. However, the game provider can set a value range within which the jackpot should be triggered. Unfortunately, nobody but the developer knows this value, so everything remains fair.

Where can I find fixed jackpot online slots?

Most casino software providers have fixed jackpot slots in their portfolios. Creating an account with a top NZ online casino will provide you with access to a vast library of slots from top developers like NetEnt, Microgaming, or Pragmatic Play.

Can I play jackpot slots in demo mode?

Of course. You can try both fixed and progressive jackpot games for free using the demo mode. Many online casinos offer this option on their website so you can explore the game before you switch to real money.

Authors
Adela Mariuta
AuthorAdela MariutaAuthor & Editor at CasinoAlpha

Adela enjoys exploring the in-depths of the gambling industry and gathering essential insights to provide useful guides and casino reviews meant to help players throughout their online gambling journey. When she’s not venturing into the casino gambling world, she likes taking long drives and listening to old-school music tunes.

Adina Minculescu
ReviewerAdina MinculescuSenior Author & Editor at CasinoAlpha

Adina’s analytical way of thinking is what casino players need to understand the casino market. With her expertise in this niche combined with her intensive studies in linguistic typology and hermeneutics, she will provide you with the essential help to make informed decisions. Trust her to be your trustworthy guide!