CasinoProgressive Jackpots: The Future of Online Casino Payouts

Progressive Jackpots: The Future of Online Casino Payouts

In the modern gambling industry, jackpots are mostly linked to slot machines and lotteries, but they originated from poker. The earliest form of the jackpot was popular in the 1870s, and the game requires players to have a pair of jacks before they could bet. However, with the online revolution came a host of jackpot slots known as progressive jackpot games. These online slots real money titles boast exciting themes, unique gameplay, and massive payouts.

Progressive jackpots are also available in other casino games like poker, blackjack, and bingo. Without a doubt, these games are the future of online casino payouts. Read this top-canadiancasinos.com article to learn about progressive jackpots at the best online casinos in Canada.

What Is a Progressive Jackpot Slot?

Before going any further, let’s help newbies understand a progressive jackpot. It is an online casino game, mostly slots with a rapidly accumulating winning amount. The gambling site creates the prize pool by removing a percentage of each player’s bets per round until a player hits the progressive jackpot.

Afterward, the winner claims a massive payout, and the prize pool resets to a base value. On our top-canadiancasinos.com page, you will find a list of top progressive jackpot casinos in Canada that guarantee a gratifying gaming adventure. Next, we will highlight how progressive jackpots work.

How Does a Progressive Jackpot Work?

If this is your first time encountering progressive jackpots, don’t fret! They work as simply as other online casino games, so you should be up to speed in no time. As the name implies, this type of jackpot is progressive, as a percentage of every wager is committed toward the jackpot.

The winning prize can rise to vast amounts because thousands of players worldwide connect to the games simultaneously. The progressive titles are supplied by top software providers in popular categories like:

  • Slots
  • Roulette
  • Baccarat
  • Blackjack
  • Poker

When a player hits the jackpot, the sum resets to a base amount and accumulates again. You can win the jackpot randomly or by playing bonus rounds within the progressive title. Register at a top-rated progressive jackpot online casino in Canada to enjoy maximum payouts.

Progressive Jackpot Payouts

Progressive jackpots are known for massive winnings, so casino sites handle their payouts differently from other gaming options. Due to the potential size of the winning prize, the gambling site might not readily offer a one-time payment option on jackpots. Instead, they pay out the jackpot in installments, whether monthly, quarterly or annually.

For instance, an online casino might have a policy that requires them to pay within two years, so a $2 million jackpot is split into eight quarterly installments. Some clauses cover player deaths while their prizes are being paid. But the punter must have provided a designated beneficiary to continue receiving the progressive jackpot.

Furthermore, you might have to accept a one-time payment or check below or above the specified amounts. Choose jackpot titles with thrilling gameplay, lucrative no deposit bonus offers, and other promos to enjoy generous winnings.

Top-canadiancasinos.com is a quality online casino review site that provides accurate details about the best progressive jackpots on Canadian gaming sites. Please read our detailed reviews to learn valuable tips about choosing top-rated progressive jackpot casinos for massive potential payouts.

Types of Progressive Jackpots

Jackpots can be fixed or progressive, depending on if the prize pool accumulates or remains unchanged. Progressive jackpots are divided further into three main types: Wide-Area Progressives, Linked Progressives, and Stand-Alone Progressives. Learn more about each type at the best payout online casino below:

TypesDescription
Wide Area ProgressivesWide-area jackpots are titles interconnected across different casinos by a software provider so players can enjoy huge payouts. Microgaming is a top gaming company with an excellent array of wide-area jackpots, such as the famous and hugely successful Mega Moolah slot.
Linked ProgressivesThese are progressive jackpot games that are linked together within one casino site. Since all the connecting progressive game machines are within the same gaming platform, the payouts on the titles are usually moderate. For example, a popular linked progressive slot game is the Lightning Link slot machine. You will also find several table games with jackpot side bets acting like linked progressives.
Stand Alone ProgressivesStand Alone Progressives are jackpot titles with fixed values because the slot game is not connected to any other machine. These games are usually low volatility with a small jackpot prize. There are several stand-alone free slot games at the best online casinos in Canada.
Random ProgressivesIf you do not have enough real money for wagers, you can opt for random progressive jackpots. These games are perfect for players who can afford small bets ranging between C$1 to C$5. So, you stand a chance to claim the massive jackpot prize with a bet as low as C$1. There are several random progressive slots and other titles at Canada’s best online casino sites.

How to Choose the Best Progressive Jackpot Slots

Before creating an account at any gaming site in Canada, you should learn how to choose the best progressive jackpots. First, visit the online casino’s library and browse all their progressive jackpot titles. Then, remember the following tips while deciding which game works best for you:

  • Always choose a title you enjoy playing
  • Ensure that the game suits your bankroll
  • Triggering the jackpot
  • Games across different categories
  • Look out for bonuses and promotions

Always Choose a Title You Enjoy Playing

No matter the potential payout, choosing a progressive jackpot you like to play is always best. Gambling is not all about winning, as it is essential to having fun. Therefore, prioritize finding your favourite title over the jackpot size. Once you discover your preferred gaming option, you should be winning the jackpot in no time.

Ensure That the Game Suits Your Bankroll

We advise that you stick to a progressive jackpot game that suits your bankroll. You always stand the risk of losing, so if the game requires a maximum bet to qualify for the jackpot, you must have enough funds to wager the maximum bet a few dozen times over. This way, you avoid risking your entire balance on a single spin.

Triggering the Jackpot

Punters can trigger the jackpot in different ways while playing the base game. For example, they can win the jackpot prizes randomly or as part of the casino bonus round. Progressive jackpot titles with multiple layers are harder to win.

Games Across Different Categories

Most gaming options at online casinos now offer a progressive jackpot variation for cumulative winnings. Therefore, you must ensure the site’s collection features progressive titles across popular categories like online slots, baccarat, blackjack, and roulette. This way, you never get bored of playing at the gambling site.

Look Out for Bonuses and Promotions

Online casinos in Canada provide generous bonuses to entice new customers to their platform. It is best to play progressive jackpot titles with several attached bonuses, thus guaranteeing more winnings.

Before choosing any progressive games, you should check if they offer new and existing players promotions, such as no deposit bonus offers, reload promos, and more. This boosts your bankroll with real money to place more wagers and possibly hit the jackpot.

Progressive Jackpot Software Providers

The various types of progressive jackpots are powered by top software providers, such as Real Time Gaming, Microgaming, Playtech, and NetEnt. So, you can expect a host of thrilling jackpot games with stellar designs, HD graphics, immersive sound, and lucrative no deposit bonus features. Below are the most popular progressive jackpot software providers in the Canadian gambling industry:

  • Realtime gaming progressive jackpots
  • Microgaming progressive games
  • Playtech progressive jackpot games
  • Playtech progressive jackpot games

Realtime Gaming Progressive Jackpots

This is one of the most popular game providers for mobile slots at Canadian online dollar deposit casinos. Real-Time Gaming boasts an extensive selection of slot machines with progressive jackpots, such as Megasaur, Cleopatra’s Gold, Aztec Millions, Jackpot Pinatas, Spirit of the Incas, and more.

In addition, this software company also has several poker titles like Let’ Em Ride Poker and Caribbean stud poker. Since its inception, Real Time Gaming has paid over C$60,125,139 in jackpot prizes with 6,051 wins.

Progressive jackpots are the future of online casino payouts. Skipping the VMAs this year despite winning big, progressive jackpot winners are increasingly choosing to stay home and cash in on their winnings.

Microgaming Progressive Games

Microgaming is one of the largest software companies in the online gambling industry worldwide. They hold dollar deposit casinos on their Mega Moolah slot offering. The company’s policy allows players to receive total payments of jackpot prizes, provided their accounts are verified. Usually, you can receive all your winnings within a few weeks. Since launching the first Microgaming wide area progressive jackpot in 1998, players have received over C$1.3 billion in prizes.

A few popular Microgaming slot titles are Mega Moolah, Wow Pot, and Major Millions, which are multiple qualifying games connected to the same jackpot prize pool, so their winnings accumulate quickly. Furthermore, you can also access progressive jackpot table games, such as Roulette Royale, Supajax Progressive Jacks or Better, Progressive Blackjack, Caribbean Draw Poker, Triple Sevens, and Cyber Stud Poker. Play Microgaming progressive slots and other titles at the best Canadian gambling sites.

Playtech Progressive Jackpot Games

This is a top-rated software developer with a fantastic array of progressive jackpot games. Playtech boasts over thirty available titles, including progressive jackpot Baccarat games. In addition, the best payout casino online provides spectacular Playtech progressive jackpot titles like Gold Rally, Funky Fruits, Progressive Blackjack, Progressive Baccarat, Jacks or Better 10-line, Dragon Jackpot, Deal or No Deal, and Age of the Gods.

Most Playtech jackpot slots are part of a series of multiple games connected to the same prize pool, as in the Age of the God series. Since 2009, the software provider has paid C$820,822,954 in jackpots to over 87,400 players. Playtech’s policy is to pay the casino directly when a player wins the jackpot. Check the top-canadiancasinos.com page for a list of the best Playtech progressive jackpot games.

NetEnt Progressive Jackpots

NetEnt is another renowned gaming company with a full range of progressive jackpots for Canadian punters. Over 60,000 players have enjoyed massive payouts totalling C$703,899,824 in jackpots to almost 60,000. Most NetEnt progressives are played within an online casino with the prize pool contributed by the participants. So, the jackpot prize might not increase as rapidly as in other progressive jackpot games. Choose a trusted gambling site from the ones we recommend and register to play quality NetEnt jackpot titles.

Conclusion

Punters in Canada and worldwide find progressive jackpots highly enticing due to the jackpot prizes. Unlike fixed jackpots, progressives accumulate the prize pool gradually by removing a percentage of each player’s bet per round. When a player hits the jackpot, the sum resets to the base value and starts increasing again.

Fortunately, progressive jackpots come in various gaming categories, such as slots, roulette, baccarat, blackjack, and live casino games with free spins. So, you can enjoy a variety of options, no matter your preferences. Create an account at the best payout online casino in Canada for instant access to lucrative progressive jackpot games.

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