Online slots offer some of the largest jackpots the gambling industry has ever seen. Online slots are more generous than those found in casinos. However, players can become multimillionaires by playing progressive slots at online casinos. This is due to the large number of online players and the abundance of online progressive slot networks.
There are three types of jackpot networks in the online soikeobongda industry. The most popular is the wide-area progressive. This jackpot network connects the prize pool for a specific game to a variety of online casinos. This ensures that prizes rise quickly because hundreds of players from dozens of online casino websites contribute to the prize pool.
This type of jackpot network is rare in land-based casinos. Operators cannot link jackpot pools due to technological limitations unless they are connected physically via a “game bank”. International Game Technology has developed technological solutions in recent years that enable land-based operators to connect games across a broad area. There are currently only a handful of such networks, including IGT’s MegaJackpots network.
Online casinos have a larger jackpot pool due to the sheer number of players. Multiplayer wagering allows for a large jackpot pool, which can lead to significant increases in the prize pool. The jackpots rise slowly in land-based casinos, as only one person can play at a given game.
Microgaming is home to the largest jackpot networks online, while PlayTech is home to the smallest. Microgaming has been operating a progressive jackpot network since the beginning of the 21st century. This has allowed the company to expand its prize pool and add new games over the past decade. Microgaming has paid out more than $400 million in progressive jackpot prizes over the years. Mega Moolah is the most generous Microgaming game, offering prizes of more than $5,000,000 on a regular basis.
Although the WinAJackpot network of PlayTech is not as old as Microgaming, it has been extremely generous over its entire existence. Since 2003, the network has awarded over $126 millions in winnings. PlayTech’s largest jackpot was $7.5 million, which came from the game Beach Life.