If you’re looking to win a jackpot that could change your life, then progressive slots are the game to play. Let’s face it—you’ll never win several hundred thousand playing blackjack or roulette. The payouts just aren’t high enough.
- Progressive Slot Machine Odds
- What Are Progressive Slot Machines
- Progressive Slot Machines In Vegas
- Progressive Slot Machines Online
- Progressive Slot Machines For Sale
The purpose of this page is to provide an explanation of what progressive slots are, how they work, and why you might be interested in playing them. We’ve also included descriptions of some of the more popular progressive jackpots available both online and in traditional brick-and-mortar casinos.
What Is a Progressive Slot, and How Does It Work?
A jackpot is awarded on a Triple Diamond slot machine. The simplest progressive jackpot is one that is compiled by the individual game or machine you are playing. This is considered a “local pot” or “local jackpot”. Although they can become very large, these local jackpots are seldom the big ones you hear about. There are two types of slots – the progressive and the non-innovative. The progressive slot machine is set to let players win big amount of cash upon successful. It is natural for this form of laptop to have a huge amount of jackpot prize as a result of this desktop is interconnected with the other progressive machines.
On most slot machines, the jackpot is a fixed amount, but on a progressive game, the jackpot rises as players put coins in the machine and spin the wheels. A tiny percentage of each coin played is used to “feed” the jackpot. There are three types of progressive slot machine games.
Standalone Progressives
A standalone progressive slot machine has a jackpot ticker on the game, but only bets placed on that specific machine feed the jackpot. This was, at one time, the only kind of progressive slot machine game available, but most progressives feature multiple machines that are linked together. Still, so many standalone machines were manufactured that these games are still easily found in casinos throughout the world. Usually the jackpot on the games will be under $10,000.
Local Progressives
Local progressives were the next step in the evolution of this type of game, and they’re still commonly found. These games feature jackpots within a specific casino that are linked. This network can include as few as a dozen or so machines, or it can include a hundred machines—it just depends on the casino. Usually the jackpots available on these games are under $1,000,000, and often they’re under $100,000.
Wide Area Network Progressives
These are some of the most popular casino games on the market today. A wide area network jackpot links slot machines from multiple casinos in the same state. This allows the jackpot to accumulate into astronomical sums of money, often over $1 million and sometimes even over $10 million. The most well-known brand of wide area network progressives are the Megabucks games from IGT, which is the most successful slot machine design company in the world.
How Do You Win a Progressive Jackpot?
No strategy or system can increase your chances of winning a progressive jackpot on a slot machine game. The odds of winning are similar to the odds of winning the lottery, although you get many more chances of winning per hour with a slot machine game than you would get playing a lottery game.
An important thing to keep in mind about progressive jackpots is that they don’t become “due”. The chances of winning are astronomically small no matter how large the jackpot has gotten. It’s possible for a jackpot to grow large enough that a bet on a particular slots game will be a positive expectation bet, but it’s not a practical opportunity to win. A 1 in a million shot is still a 1 in a million shot, even if the jackpot is up to $2 million.
Online Progressive Jackpots
With the rise of online casinos, progressive jackpots on the Internet have become just as popular as the games in actual land-based casinos. Microgaming is one Internet casino provider which has established its fame and reputation based largely on its large assortment of fun, colorful, and relatively loose progressive jackpot games.
Online progressives work just like their land-based cousins. Every wager you make on your computer feeds a tiny amount into the progressive jackpot for that game. Since lots of players are now gambling from the comfort of their homes, these jackpots can become just as large and life-changing as the progressives in Vegas or Atlantic City.
Most Popular Progressive Games
Megabucks is one of the most popular progressive networks available. The probability of winning this jackpot has been estimated at 1 in 50 million. The amounts won on this machine vary from $10 million into the hundreds of millions. Like many lottery games, Megabucks is paid out as an annuity over 25 years.
Wheel of Fortune is a popular brand of slot machine, and it’s available in multiple denominations. One of the most common versions is the quarter version, which has a starting jackpot of $200,000. The jackpot on this game has gotten close to $2 million in the past, but it’s usually won when it’s still under $1 million.
The dollar version of Wheel of Fortune progressives starts with a $1 million jackpot. It’s not unusual for the game to reach $5 million or more, and it’s almost reach $10 million on occasion. Like Megabucks, this jackpot is paid out as an annuity over time.
Elvis isn’t just the king of rock and roll. He’s also a symbol of classic Vegas, so it’s entirely appropriate that he has a progressive slot machine network named after him. The game starts with a $100,000 jackpot, and it costs 25 cents per spin. Keep in mind that to be eligible for the jackpot, you have to make the max bet, which is 3 coins, or 75 cents. We don’t recommend playing progressive slots without making the max bet, because you usually won’t be eligible for the top prize unless you do.
Mega Moolah is an online-only progressive jackpot available at Internet casinos powered by Microgaming software. Multiple games feature the brand name, and the jackpots and betting limits vary. This progressive network features some of the largest jackpots online, often reaching $1 million or more.
- Appendices
- Slots Analysis
- Miscellaneous
Introduction
A must-hit-by jackpot, sometimes called a mystery jackpot, is one that is guaranteed to hit by a certain point. There are two good things about a large jackpot:
- The jackpot itself is larger.
- The probability of winning it is greater.
As with any progressive game, at some point the jackpot becomes large enough to sway the odds in the player's favor. This page will examine these 'target points' on some new slots by WMS with mystery jackpots. If you're interested in must-hit-by progressives on Ainsworth slots, please see my separate page on that.
This page assumes that a jackpot is equally likely to trigger anywhere between the starting value and must-hit-by maximum. This seems to be true for all makers except AGS. The reader should be warned that AGS must-hit-by jackpots tend to hit near the must-hit-by-point. For example, on a version of River Dragons, where the large jackpot starts at $4,000 and must hit by $5000, I calculate the average point it does hit is $4,945.49. So, please do not apply the information in this page to AGS machines.
General Rules
Following are generally how must-hit-by progressives work.
- The jackpot starts at a defined minimum amount.
- A point at which the jackpot will hit is randomly chosen on a uniform distribution between the starting value and maximum possible jackpot.
- A certain percentage of money bet, known as the 'meter rise,' will be directed towards the jackpot.
- When the meter crosses the predestined win point the player will be awarded the jackpot.
The WMS jackpot games are different from the usual Mystery Jackpot games in two ways:
- There are two jackpots.
- The meter rises by the amount won, not the amount bet.
On the WMS games, it is my understanding that the Minor jackpot starts at $25 and must hit by $50. The Major jackpot starts at $200 and must hit by $500. Based on my own play, the rate of meter rise, for each meter, is 0.00582 times money won.
These two images below show two versions of the pertinent rule screen on the WMS games.
Math
The general formula for the Target Point can be given as:
t = m × (h + r) / (h + 2r), where:t = Target Point
m = Max jackpot
Progressive Slot Machine Odds
r = Rise of meter rate
h = House edge of game (taking into consideration the average value of the progressive)
An unknown piece to this equation is h, the house edge of the game. No casino is going to tell you exactly what a given slot machine is set to. So, you may have to resort to industry averages. The following table shows the averages for Clark County, Nevada (where Las Vegas is). You can see for penny slots, which Mystery Progressives tend to be on, the overall house edge is 10.77%.
Clark County Slot Win to 11/1/2017 to 10/31/2018
| Denomination | Casino Win (pct) |
|---|---|
| $0.01 | 9.97% |
| $0.05 | 5.54% |
| $0.25 | 7.11% |
| $1.00 | 6.34% |
| $5.00 | 5.51% |
| $25.00 | 4.99% |
| $100.00 | 6.22% |
| Megabucks | 12.34% |
| Multi-denomination | 5.26% |
| Total | 6.82% |
Source: Nevada Gaming Control Board, Gaming Revenue Report for 12-month period ending October 31, 2018 (PDF, see page 4).
Although the information is a bit dated, you may wish to also consider the returns of random games I sampled in my page on Slot Machine Odds in Las Vegas. All things considered, I think it is safe to assume a house edge of 8% to 12% in Las Vegas. The nicer the casino and closer to the Strip the casino is, the higher the house edge will generally be. Outside of Vegas, you're on your own.
WMS Target Points
The math for the WMS games gets rather complicated because of the two jackpot and that they go up by amount won, not amount bet. So, you'll have to take it on faith that the tables below are correct.
The first table shows the Target Point for the Major jackpot, according to the house edge on the game and the amount of the Minor jackpot. In most situations, it will need to be about $482.
Major Jackpot Target Points
What Are Progressive Slot Machines
| Minor Jackpot | House Edge | ||||
|---|---|---|---|---|---|
| 14% | 12% | 10% | 8% | 6% | |
| $25 | $484.82 | $482.32 | $479.03 | $474.47 | $467.77 |
| $26 | $484.78 | $482.27 | $478.95 | $474.36 | $467.59 |
| $27 | $484.74 | $482.22 | $478.87 | $474.24 | $467.40 |
| $28 | $484.70 | $482.15 | $478.78 | $474.11 | $467.19 |
| $29 | $484.64 | $482.08 | $478.69 | $473.96 | $466.96 |
| $30 | $484.59 | $482.01 | $478.58 | $473.80 | $466.69 |
| $31 | $484.53 | $481.92 | $478.46 | $473.62 | $466.40 |
| $32 | $484.45 | $481.82 | $478.32 | $473.42 | $466.07 |
| $33 | $484.38 | $481.72 | $478.16 | $473.18 | $465.69 |
| $34 | $484.29 | $481.59 | $477.99 | $472.92 | $465.25 |
| $35 | $484.18 | $481.45 | $477.78 | $472.61 | $464.74 |
| $36 | $484.06 | $481.28 | $477.55 | $472.24 | $464.13 |
| $37 | $483.92 | $481.09 | $477.27 | $471.81 | $463.41 |
| $38 | $483.75 | $480.86 | $476.93 | $471.30 | $462.53 |
| $39 | $483.55 | $480.58 | $476.52 | $470.66 | $461.44 |
| $40 | $483.30 | $480.23 | $476.01 | $469.85 | $460.04 |
| $41 | $482.99 | $479.78 | $475.35 | $468.81 | $458.18 |
| $42 | $482.57 | $479.20 | $474.48 | $467.40 | $455.60 |
| $43 | $482.01 | $478.40 | $473.26 | $465.38 | $451.78 |
| $44 | $481.21 | $477.23 | $471.44 | $462.27 | $445.53 |
| $45 | $479.95 | $475.35 | $468.43 | $456.84 | $433.44 |
| $46 | $477.72 | $471.89 | $462.52 | $444.97 | $400.25 |
| $47 | $472.64 | $463.29 | $445.49 | $398.35 | |
The second table shows the Target Point for the Minor jackpot, according to the house edge on the game and the amount of the Major jackpot. In most situations, it will need to be about $48.
Minor Jackpot Target Points
| Major Jackpot | House Edge | ||||
|---|---|---|---|---|---|
| 14% | 12% | 10% | 8% | 6% | |
| $200 | $48.50 | $48.25 | $47.93 | $47.49 | $46.84 |
| $210 | $48.49 | $48.25 | $47.93 | $47.48 | $46.83 |
| $220 | $48.49 | $48.25 | $47.92 | $47.47 | $46.82 |
| $230 | $48.49 | $48.24 | $47.92 | $47.47 | $46.81 |
| $240 | $48.49 | $48.24 | $47.91 | $47.46 | $46.79 |
| $250 | $48.48 | $48.23 | $47.90 | $47.45 | $46.78 |
| $260 | $48.48 | $48.23 | $47.90 | $47.44 | $46.76 |
| $270 | $48.47 | $48.22 | $47.89 | $47.42 | $46.74 |
| $280 | $48.47 | $48.22 | $47.88 | $47.41 | $46.72 |
| $290 | $48.46 | $48.21 | $47.87 | $47.40 | $46.70 |
| $300 | $48.46 | $48.20 | $47.86 | $47.38 | $46.67 |
| $310 | $48.45 | $48.19 | $47.85 | $47.36 | $46.64 |
| $320 | $48.45 | $48.18 | $47.83 | $47.34 | $46.61 |
| $330 | $48.44 | $48.17 | $47.82 | $47.32 | $46.57 |
| $340 | $48.43 | $48.16 | $47.80 | $47.29 | $46.52 |
| $350 | $48.42 | $48.15 | $47.78 | $47.26 | $46.47 |
| $360 | $48.41 | $48.13 | $47.75 | $47.22 | $46.41 |
| $370 | $48.39 | $48.11 | $47.73 | $47.18 | $46.34 |
| $380 | $48.38 | $48.09 | $47.69 | $47.13 | $46.25 |
| $390 | $48.36 | $48.06 | $47.65 | $47.07 | $46.14 |
| $400 | $48.33 | $48.02 | $47.60 | $46.99 | $46.00 |
| $410 | $48.30 | $47.98 | $47.54 | $46.88 | $45.82 |
| $420 | $48.26 | $47.92 | $47.45 | $46.74 | $45.56 |
| $430 | $48.20 | $47.84 | $47.33 | $46.54 | $45.18 |
| $440 | $48.12 | $47.72 | $47.14 | $46.23 | $44.55 |
| $450 | $48.00 | $47.54 | $46.84 | $45.68 | $43.34 |
| $460 | $47.77 | $47.19 | $46.25 | $44.50 | $40.02 |
| $470 | $47.26 | $46.33 | $44.55 | $39.84 | |
Progressive Slot Machines In Vegas
Example: You suspect the Minor jackpot may be high enough to play. The Major jackpot is at $300 and you assume a house edge of 10%. The table above shows the Target point is $47.86.
AGS Warning
This page assumes that a jackpot is equally likely to trigger anywhere between the starting value and must-hit-by maximum. This seems to be true for all makers, except AGS. The reader should be warned that AGS must-hit-by jackpots almost never hit until they are near the must-hit-by point. For example, the large jackpots are supposed to hit by $5,000, but it is rumored in the advantage player slot community that they rarely hit below $4,990. So, please do not apply the information in this page to AGS machines.
Progressive Slot Machines Online
Further Reading
- The Secret World of Video Poker Progressives, by Frank Kneeland
- Million Dollar Slots by Peter Liston
Progressive Slot Machines For Sale
Written by: Michael Shackleford