Best Progressive Jackpots In Australia November 2024
Progressive jackpots are all the rage. They can easily be spotted thanks to their ever-growing jackpot prizes. If you are looking to find out about these epic games, keep reading our complete guide at CasinoAus.
Top Progressive Jackpot Casinos In Australia (November 2024)
- Payout speed 24-72 Hrs
- Superb VIP program
- 24/7 customer support
- 1000s of games
- Win rate 98%
- Hybrid welcome offer
- Live Casino
- Win rate 98%
- 24/7 Support
- Win rate 97%
- Hybrid welcome bonus
What Are Progressive Jackpots?
As a player, you may have noticed that there are different types of jackpot pokies available on the market. All jackpot games come with a prize attached to them.
Progressive jackpots are real money online pokies with a cash prize that increases each time a player plays that game. The prizes keep on rising until they drop. What makes progressive jackpots a bit more special is the fact that they come with huge prizes that run into the 7 and 8 figures.
How Do Progressive Jackpot Pokies Work?
Progressive jackpot pokies see a percentage of every bet placed by players go towards the jackpot. The longer the jackpot goes without dropping, the bigger it will get.
For example, if there are hundreds of players playing online jackpot pokie Divine Fortune by NetEnt at the same time, then all players contribute towards the kitty. Many progressive jackpots are interlinked across a network of real money online casinos, which can result in the jackpot prize growing exponentially.
Once the progressive jackpot drops and it is claimed, it will reset to a set value. The majority of progressive jackpot pokies redeem their jackpots at an impressive $1 million.
Different Types of Progressive Jackpot
Since there are many types of jackpot pokies available at online casinos, knowing the key differences will help you make an informed decision.
Standalone Jackpots
Standalone jackpots are specific to individual online pokies. Each machine has its own jackpot, which grows as players place bets on that specific game. These jackpots tend to be smaller when compared to other types.
Local Jackpots
Local progressive jackpots pool bets from multiple pokies within a single casino. These games are interconnected, contributing to a shared jackpot. The prize amount increases as more players participate. Local jackpots can range from a few thousand dollars to over a million.
Network Jackpots
Network progressive jackpots link players across multiple online casinos or gaming sites. These wide-area network jackpots create huge prize pools. As players from various locations play the same game, a portion of their bets contributes to the central jackpot. Network jackpots can reach staggering amounts, often exceeding tens of millions of dollars.
How to Find The Best Casinos With Progressive Jackpots
You don’t have to search and scour the internet to find the best online casinos with progressive jackpots. Our team here at CasinoAus is continually scouting new casinos to bring you the best sites that are licensed and regulated. Here are some of the key factors we look for when recommending new progressive jackpot casinos.
Availability of a Valid Gambling Licence
We only recommend online casinos that have a valid gambling licence, issued from a trustworthy gambling authority. Be it the Curacao Gaming Control Board, the Malta Gaming Authority or any other reputable body, we verify that the casino has a valid licence.
Safety and Security
Tying in with the gambling licence, we also check that the recommended casinos have safety and security features. These include the latest SSL encryption technology to safeguard any information exchanged with the site.
Moreover, these sites must submit their games and random number generators for auditing to independent testing gaming companies. This process ensures that you are provided with a fair gaming session.
Casino Bonuses and Promotions
As a player, you want to start your gaming session with a big bankroll. One way of doing this is to claim a welcome casino bonus as a new player, and other promotions as you make more deposits.
Casino bonuses are a great way to boost your bankroll if you know what to look for. The terms and conditions of a bonus shed light on whether an offer is worth your time and money or not. We comb through the fine print to ensure that the wagering requirements and other terms are indeed fair.
Progressive Jackpots
We do have a good glance at what progressive jackpot pokies are available, but we also look at the overall selection of games available. The most notable game providers and game types should be available at the players’ disposal.
Moreover, casinos that allow players to try free online pokies are a must to make it into our list.
Payment Methods
We look at the availability of payment methods accepted for both deposits and withdrawals. Most online casinos in Australia accept debit cards, but many others also accept e-wallet options, prepaid vouchers and cryptocurrencies.
We also test out the deposit and withdrawal methods first-hand and test out the minimum and maximum limits that are in place.
How To Win A Progressive Jackpot
Progressive jackpot pokies are, like all online pokies, games of chance, so there is very little you can do to influence the result. If you are playing at a licensed online casino, then the result of every spin of the reels is determined by the random number generators.
While you cannot influence the result, there are some tips and tricks that could tilt the odds slightly in your favour.
Place the Maximum Bet
Some players swear that placing the maximum bet boosts your chances of winning a jackpot. There is no way of proving this, though there is an unwritten rule that that is how progressive jackpots work.
That said, there have been instances in the past, where low-stakes players have scooped up a progressive jackpot with a smaller bet size. As we said, there is no guarantee that this theory is true. Our recommendation is that you should always place a bet size in proportion to your bankroll so you don’t risk burning it all in one go.
Manage your Bankroll
Playing progressive jackpot pokies can be enticing, but it is important that you manage your bankroll wisely so you can extend your gaming session. Taking advantage of casino bonuses and promotions is recommended, especially since they can double your bankroll size.
However, you should always read the terms and conditions of any bonuses you are claiming. Progressive jackpot pokies may not be eligible. This rule will vary from one bonus to another, so reading the fine print is imperative.
Timing
Timing is everything especially when playing progressive jackpot games. When the jackpot is reasonably high or it has not paid out in a while, this is the time to jump in. There are no guarantees it will drop then, due to the nature of random chance, but it is worth a shot.
Payout Percentage
Progressive jackpots are notorious for having lower-than-average payout percentages. Bear in mind that most online pokies have an average RTP of 96%. Some players may still chance to play such games even if they have a lower RTP, but opting for a higher RTP game will boost your chances of winning and recouping the money wagered.
Play for Fun
It may be exciting to dream about winning life-changing amounts, but you need to approach these jackpot pokies with a mindset of entertainment rather than focusing on winning the jackpot.
Since there are many progressive jackpots available on the market, trying them in free demo mode is advised so you can pick the right game that suits you best.
Jackpot Triggers
Familiarise yourself with the progressive jackpot pokie you are playing. Some progressive games have a jackpot wheel, while in others, the jackpot can be triggered at random.
Progressive Jackpot Software Providers
Now that you know how progressive jackpots work, you may want to check out the best game developers behind the biggest names.
The Odds of Winning A Progressive Jackpot
The odds of winning a progressive jackpot are not that great. The good news is that you can transform a small wager into life-changing amounts if Lady Luck is on your side.
However, the odds of scooping up a top jackpot prize can be in the millions to win. For example, the chances of winning the Mega Moolah Mega jackpot prize stand at nearly 50 million to one.
However, this applies to all games, including lotteries. Players will still try their luck in a bid to defy the odds.
The Biggest Jackpot Wins of All Time
What makes progressive jackpot pokies stand out is the fact that the prizes can reach humongous levels, especially if the prize goes unclaimed. Very often, a jackpot that has not been snapped up in a long time, will attract the attention of many players, thus increasing in size even more.
One of the biggest progressive jackpots ever won was $22.3 million in September of 2015 on the Mega Moolah game by Games Global (Microgaming), when an Android mobile casino player staked a measly $0.75.
Mega Moolah has been responsible over the years for breaking numerous records and turning players into multi-millionaires. In 2015, a UK-based soldier Jon Heywood transformed a $0.33 wager into a $22.1 million win. This win earned a Guinness World Record for the ‘Largest jackpot payout in an online slot machine game’.
The previous record payout was won by a Finnish player on Mega Fortune. This anonymous Finn won an impressive $20.5 million on this NetEnt classic.
