A jackpot is a huge prize that multiplies the initial bet by hundreds of thousands of times. It is one of the top aims for any player. To achieve it, players need to comprehend the guidelines of Platinum Online-casino and the chosen game offering this type of prize. The highest jackpot recorded in Platinum Online-casino reached eight million USD. Statistics show that the highest probability of grabbing a jackpot is on slot demo games.
Types of Jackpots
Platinum Web-casino features several jackpot varieties, ranging from a thousands to millions of dollars:
- Fixed Jackpot: This features a fixed prize that remains constant regardless of the bet amount and frequency. To win, a specific condition must be met, such as achieving a certain combination on a slot.
- Progressive Jackpot: The most popular and sought-after kind. Its size expands steadily based on the number and size of all players’ bets. If no one wins, it grows according to certain conditions. Once a jackpot is won, it drops to a minimum level. This type yields the highest possible rewards.
- Entry Jackpot: A set amount randomly allocated among a player group. It is awarded to a victor at the end of the draw.
- Mystery Jackpot: The prize value is a secret. Limits are defined for the fund. When it reaches a predetermined level, a random selection happens with no particular criteria needed.
- Double Bonus: This provides an extra reward for the game. The probability of victory depends on the amount wagered. The prize amount and winning criteria are not revealed.
Ways to Participate in a Jackpot Draw
The increasing jackpot, which increases with each unsuccessful draw, is the most attractive. A portion of every stake goes towards increasing this amount, which can eventually reach several million dollars. There are 3 main ways to create the jackpot fund:
- Single Slot Progression: A portion of every bet on one chosen slot adds to the prize. These aren’t very large but are simpler to hit.
- Casino-Wide Contribution: The jackpot increases with bets from all players using slots throughout the casino, leading to significant increases.
- Networked Casinos: The most substantial winnings come from a pool of funds collected across a network of participating casinos.
Selecting the “Right” Jackpot
Experienced gamblers create advanced methods for choosing and participating in progressive jackpots. However, some universally recognized guidelines include:
- Thoroughly understanding the game rules or game with the jackpot.
- Spending your funds on a jackpot that has been growing for a long time.
- Fewer reels often result in better odds of winning.
- Being ready to wager higher stakes, as many casinos raise bets for jackpot games.
- Making small wagers to get more spins, raising them as needed by casino rules.
- Not anticipating frequent jackpot wins; keep using a pre-planned strategy post-win.
Getting a jackpot is not rare and can happen even on the initial bet after a few spins. Its main positive aspect is that it does not depend on the size, prior wagers, or player’s actions. When selecting a game, it is beneficial to review infographics and analytics on machines with consistent jackpot wins, where the largest amounts have been won, and the most lucrative slots available now, such as on the Platinum Casino website.
Pay-Outs for Progressive Jackpots
Before joining a jackpot game, it’s crucial to examine the payout terms. Many casinos restrict monthly payouts. For example, if the monthly cap is $1,000 and the jackpot is $100,000, it could take upwards of 8 years for full payout, which is not feasible for most players. Additionally, many casinos might close down before the payout is complete. Thus, it’s critical that the payout policy specifies no restrictions on progressive payouts. Looking at user reviews on forums on the casino’s reliability can help avoid scams.