A casino jackpot is the top prize in a game. That’s the simple answer but, as is often the case in life, things aren’t always that straight forward. While it remains true that jackpots are the pinnacle of a casino game’s payout table, there are some distinctions to be made. For example, the slot game Mega Moolah has a fixed jackpot worth 15,000X your coin bet.
That’s the most you can win by matching three or more symbols. However, it’s not the only jackpot. This spinner has a special feature known as the jackpot wheel which contains four progressive payouts. These prizes aren’t worth fixed amounts but, at the top end, they can be worth more than the 15,000X jackpot. So, as you can see, casino jackpots aren’t as straight forward as they seem.
Yes, they’re the top prize but, in certain situations, there may be more than one “top prize.” Just so we’re clear on this, here are the different types of casino jackpot you’ll find online:
A fixed jackpot is just that, a top prize with a fixed value. These payouts are typically available in table games, scratchcards, video poker, and video slots. Naturally, the way you win said prizes will vary from game to game. However, the point to note here is that a fixed jackpot is the maximum single payout.
Again, this type of casino jackpot is named in way that reflects its main characteristic. So, in this instance, progressive jackpots are constantly progressing. In other words, they’re always increasing in value. You can find out more about progressive casino jackpots by clicking here to read our comprehensive guide on the subject.
If you haven’t got time for that, the thing you need to know is that a small percentage of everyone’s bet goes into a communal prizepool. This makes it grow in line with the number of people betting. That, in turn, creates jackpots that can be worth $1 million+.
Many of the best online casinos in Canada have special features known as daily drops and timed jackpots. These features aren’t attached to a single game. Instead, they’re created by the casino and attached to a selection of games. In essence, they’re add-ons that run alongside a game’s standard payouts.
They operate in the same way as progressive jackpots. That means a small percentage of all the bets from every nominated game goes into a communal prizepool. Everyone that plays one of these games is eligible to win the jackpot. The only difference is that there will often be time limits on the prize drops.
For example, an operator might have a daily jackpot drop. This means someone has to win the progressive payout within 24 hours before it resets. What you’ll often find is that casinos offer multiple timed jackpots so that you’ve always got something to shoot for when you play the nominated games.
Jackpot races are another add-on. Like daily drops, they also run alongside a game’s standard payouts and can be applied to a variety of games. The mission here though is to compete against other players and try to win a share of the prizepool. The way you win will depend on the race in question.
However, in general, you’ll need to earn points by making bets and winning prizes. The more you win, the more points you’ll collect. The more points you collect, the higher up the leaderboard you’ll finish. Rank among the top performers at the end of a race and you’ll win cash prizes and bonuses.
The only way to win casino jackpots is to play real-money games. Unfortunately, even though demo casino games have prizes and jackpots, they’re not worth anything. If you want to win cash that you can withdraw and spend in the real world, you have to make some bets.
But, and this is important, that doesn’t mean you can’t play for free. Yes, in general, you’ll have to bet with your own money to have a chance of scooping a jackpot. However, you can also use bonuses to get something for nothing.
If you read our guide to online casinos, you’ll learn about how bonuses work. The thing that’s important here is that you can uses bonuses to play real-money casino games for free. Then, if things go your way, you can win jackpots withing spending a cent.
There’s almost unlimited potential at our top-rated Canadian casinos. Certain games have conservative payouts, others offer life-changing sums of money. For example, if you played blackjack at Casino of Gods, the top prize in a standard game is worth 3:2 (i.e. 1.5X your bet). If, however, you played a progressive jackpot slot at Nomini, you could win anything from $10,000 to $10,000,000.
The range of games online means that there are many ways to win. Therefore, it’s almost impossible to say how much you could make when you play. The one thing we do know is that casino jackpots drop on daily basis, but you’ve got to be in it to win it. So, if you want to play for prizes that could be worth seven-figure sums or more, make sure you join one of our recommended casinos today.
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