Every gambler dreams of landing progressive jackpots unless your love for online casino games isn't genuine.
Although winning the jackpot may seem elusive, it is definitely worth a try.
However, before spinning some of the top online slots, you should know how progressive jackpots work in New Zealand and what are your odds of winning a jackpot.
Progressive jackpots aren't financed by online casinos themselves.
Instead, players contribute to the overall jackpot sum.
Whenever a player places a wager, a percentage of the wager goes to the jackpot pool.
The amount keeps growing as long as players keep on playing before it is eventually won.
The exact contribution from the wager is calculated after considering the house edge.
Usually, it lies between 2 to 15 per cent.
The casino further dedicates a fraction of the house edge to the progressive jackpot.
In New Zealand, there are several types of progressive jackpots available.
In-house progressive jackpots, as the name suggests, are owned by the casino.
Linked games hosted on an online casino contribute to the overall progressive jackpot.
Whenever a player places a stake on any of the linked games, a fraction of the wager goes to the progressive jackpot.
Ideally, the more Kiwis use an online casino, the higher the in-house progressive jackpot.
In contrast to in-house progressive jackpots, wide area progressive jackpots are made up of linked pokies from different casinos.
These pokies are offered by a third party and the casino only gets a fraction of the overall winnings.
Owing to the fact that these pokies are available in several casinos, progressive jackpots tend to be very high.
However, the chances of landing this type of jackpot are lower compared to other jackpots (since there are far more participants).
Stand-alone progressive jackpots are structurally different from wide area and in-house progressive jackpots.
Stand-alone progressives are for a single game.
The progressive jackpot grows as players keep playing that specific pokie.
They are usually lower than other progressives but a player stands a better chance of landing a stand-alone jackpot.
If someone approaches you selling a “sure” method to win a progressive jackpot, tell him off politely.
There is no sure way of winning a progressive jackpot - it always boils down to luck.
Slot machines run on random number generators and you never know when a jackpot will be triggered.
The only way to win a progressive jackpot is to keep playing while staking the maximum amount (depending on the slot machine's rules).
Maybe one day luck will be on your side and you can smile all the way to the bank.
NZ online casinos offer plenty of casino games that are linked to progressive jackpots.
Some of the most popular progressive jackpot slots in NZ include the Mega Moolah, Major Millions, King Cashalot, and Roulette Royale progressive jackpots.
If you'd like to get started with progressive jackpots, don't forget to take a look at our casinos with best bonuses and reap some additional rewards.