Progressive jackpots are casino games that offer New Zealand players the chance to win enormous amounts of money while still playing their favourite online casino games. Progressive jackpots increase incrementally every time a player wagers in the game. For this reason, progressive jackpots often end up being worth millions of Dollars.
Best Online Progressive Jackpots in New Zealand
Progressive jackpots are jackpots that are most commonly found in pokies and rarer instances, in online casino games like video poker. Progressive jackpots at online casinos,’ to only a handful of pokie games, each with its jackpot.
At land-based casinos, multiple machines are usually connected, and a portion of each machine’s income goes towards the jackpot. These machines (in land-based casinos), are nicknamed ‘Big Berthas’, as they are designed to attract players’ attention.
How New Zealand Progressive Jackpots are Calculated
Each online and land-based casino determines the value the progressive jackpot will increase after each wager. The house will usually look at the house edge on a game (2-15% in pokies and 0.46% in video poker), and use a percentage of the house edge as a contribution towards the progressive jackpot. For example, if a pokie machine has a house edge of 10%, the casino might add 2% of each wager to the progressive jackpot total.
Progressive Jackpots – The Biggest Wins
Massive wins on progressive jackpots aren’t just for the lucky few who manage to win at land-based casinos. Some of the greatest favourites have come from online casinos.
One of the biggest jackpots winners on a progressive pokie was a man in Finland, who in January 2013, won more than €17 000 000 (+- NZ$26 000 000) on a progressive pokie at an online casino based in Scandinavia.
Progressive Jackpots – The Spinning Meters
The big allure of any progressive jackpot is the spinning jackpot meter. Progressive jackpots update their jackpot total in real time. This .’ as a jackpot that is constantly increasing as the pokie is played, which is an alluring sight.
How to Win Progressive Jackpots
There are no strategies players can use to win a progressive jackpot on a pokie machine. Pokies are a game of pure luck, and players can only spin and hope for the best.
However, when playing at a pokie that has a progressive jackpot, players need to wager the maximum possible amount, also known as a ‘Max Bet’ to get the full jackpot amount if they win. Otherwise, they will only get a percentage of the size of their bet compared to the max bet.
Players can also look at the payout percentages of each pokie available to them, and choose the one that pays out most frequently so that they increase their chances of winning.
Advantages of Playing Progressive Jackpots Games in New Zealand
The first and biggest advantage of progressive jackpots are the massive winnings on offer for all players. Anyone can play a progressive jackpot casino game or pokie and win large amounts of cash.
The games that have bigger jackpots tend to draw more players, thus further increasing their jackpot. So – the more popular the game, the bigger the jackpot.
As the most popular game with progressive jackpots is pokies, there is no skill involved, meaning the games are super easy to play. Anybody can jump into a pokie game and understand how to play.
Progressive jackpot games are known to have some of the best visual and sound design of the vast selection of games usually found at online casinos. So players who enjoy progressive jackpot games will play the very best that NZ online gambling sites have to offer.
Progressive Jackpots – Payout Limits in New Zealand
Many online casinos have limits on the amount of money that players can withdraw at any one moment. This is usually given as the limit of money players can withdraw per month. Some progressive jackpots, though the game may be hosted at a casino, are paid out by the game’s developer (e.g., Microgaming, NetEnt, etc.). Players always need to check each casino’s terms and conditions before playing a game and know how much they can withdraw if they win.
Progressive Jackpots – What is Advantage Play
Advantage players are casino players who only play when the advantage is in their favour. Advantage-Play can only be used at land-based casinos, where players will play in teams, hogging all the available machines connected to a progressive jackpot, swinging the odds in their favour.
Players who end up winning using advantage play split the jackpot among themselves.
This isn’t possible with online casinos, as there are a theoretically unlimited number of ‘machines’ connected to a progressive jackpot.
Most casinos don’t allow group play and will ban players from gambling again if they are caught doing so.
The Biggest Progressive Jackpots
There are many progressive jackpot games available at online casinos for players to enjoy and win big money at.
Some of Kiwi Casino’s favourite progressive jackpot slots are:
- Mega Moolah
- Treasure Nile
- Roulette Royale
Progressive Jackpots – What are Overdue Jackpots?
Overdue jackpots are a fallacy used by some online casinos as a guesstimate of when a progressive jackpot is due to pay out. If it goes over their estimate, it is called an ‘overdue jackpot’. This, however, is not an accurate representation of when the jackpot will be won. Nobody can accurately predict when it will be won, so if players see an overdue jackpot, they should take it with a pinch of salt.