Online gambling in Australia is skyrocketing these days. More and more people join this world for the sake of large rewards. In this context, the popularity of jackpots is constantly growing. But what stands behind this type of game? What makes it so attractive to the audience? Let’s try to figure it out!
Types of Online Jackpots to Enjoy
Casino jackpots
When Australians try their luck with casino jackpot games, they usually refer to the ones with game-changing cashouts. Most rewards are found in slots, issued in quite creative ways:
- a winning pay line with matching symbols;
- randomness on spins https://onlinecasinoaussie.com/mobile-casinos/ ;
- a grid indicated in a matching symbol
- an unlocked feature, like a jackpot wheel or collection reward, etc.
Interestingly, some slot games offer more than one jackpot. The same goes for table games such as poker, blackjack, baccarat, and others.
Fixed casino jackpots
Even though there’s no standard definition of the minimum size required to develop a jackpot game, a reasonable starting point might be a fixed size of about 10x, 100x, 1,000x, and 10,000x the stake. Fixed jackpot amounts can get much higher. Eventually, the dollar value of a jackpot relies on the total stake.
Progressive jackpots
Progressives promise constantly growing rewards which might reach millions of dollars in some cases. Many online casinos https://onlinecasinoaussie.com have already integrated such rewards into their offering. This means that the reward amount is about to grow until someone hit the jackpot. What’s good is that punters can always see the potential reward growing on the casino’s homepage. This trick is used by many brands to attract and motivate punters who want to make a fortune.
The chances of winning jackpots are always there. So here are the main two types to consider before claiming:
Pooled progressive jackpots
They come up with the largest payouts growing by a percentage of stakes from punters across various operators over an extensive network. These casino software operators might involve online and offline gambling sites in many countries, including Australia.
This is the reason why some of the most famous games can offer hundreds of thousands or even millions of Australian dollars. This also refers to the jackpot size of a specific pooled progressive slot, table or live game. The place for gambling activities doesn’t matter in the given situation. Therefore, this type of jackpot may have the same value across different platforms. Check the details before registering a local account.
Local progressive jackpots
They grow by a low percentage taken from every player’s wager. With local progressive jackpots, the wager comes from all punters at a single operator. This means that the size of a specific slot or table game’s local progressive jackpot can be bigger at one operator for various reasons:
- more punters may access the specific game;
- the last jackpot win happens to be older;
- the percentage of every wager diverted to the reward may be higher.
NetEnt, one of the most prominent providers of local progressive jackpots, stands behind the development of the famous ancient Greek slot titled Divine Fortune. It provides several rewards, such as the Minor, Major, and Mega jackpots.
Final Thoughts
Jackpot games are quite popular in Australian online casinos. And they are not so hard to claim. In fact, gamblers can find a wide range of jackpot titles from leading casino software providers.
Don’t forget that all jackpot games have very high volatility. This makes them a high risk of decreasing your deposit balance. So stick to a budget and enjoy a profit!