A jackpot is a huge prize that multiplies the initial bet by hundreds of thousands of times. It is one of the main objectives for any gamer. To hit the jackpot, players need to fully grasp the guidelines of NewRetro Online Casino and the chosen game featuring this prize. The highest jackpot recorded in NewRetroCasino reached $8 million. Statistics show that the greatest chance of grabbing a jackpot is on slot machines.
Types of Jackpots
NewRetro Online Casino offers several types of jackpots, ranging from a couple thousand to many million dollars:
- Fixed Jackpot: This includes a set amount that stays the same regardless of the total wagers. To win, a certain requirement must be fulfilled, such as landing a specific symbol set on a slot machine.
- Progressive Jackpot: The most popular and commonly recognized type. Its size expands steadily based on the aggregate player wagers. If no one wins, it continues to increase according to certain criteria. Once a victory condition is met, it resets to a minimum level. This type provides the biggest possible payouts.
- Entry Jackpot: A set amount distributed at random among a player group. It is given to a lucky player at the end of the draw.
- Mystery Jackpot: The jackpot size is undisclosed. Limits are set for the prize fund. When it reaches a specific amount, a draw takes place with no specific conditions required.
- Double Bonus: This offers a super prize for the game. The likelihood of winning depends on the amount wagered. The size and conditions for winning are unknown.
How to Take Part in a Jackpot Draw
The ever-growing jackpot, which increases with each unsuccessful draw, is the most desirable. A fraction of every wager goes towards growing the prize, which can eventually reach several million dollars. There are 3 main ways to create the jackpot fund:
- Single Slot Progression: A percentage of every bet on one chosen slot boosts the jackpot. These don't reach large amounts but are simpler to hit.
- Casino-Wide Contribution: The jackpot grows with bets from all players using slots in the New Retro Casino, leading to significant increases.
- Networked Casinos: The biggest prizes come from a prize fund collected across a network of participating casinos.
Finding the "Right" Jackpot
Professional players create advanced methods for choosing and participating in progressive jackpots. However, some universally recognized guidelines include:
- Thoroughly understanding the game rules or jackpot game.
- Spending your budget on a long-standing jackpot.
- Generally, fewer reels mean a higher chance of hitting the jackpot.
- Being ready to wager higher stakes, as many casinos increase stakes for jackpot slots.
- Making minimal bets to increase the number of spins, increasing them only as required by the casino.
- Not expecting to win jackpots regularly; stick to a planned approach even after a win.
Grabbing a jackpot is possible and can happen even on the first attempt after a handful of tries. Its main positive aspect is that it does not depend on the size, number of previous bets, or bettor's moves. When picking a slot machine, it is helpful to review infographics and analytics on slots that frequently hit jackpots, where the biggest prizes were claimed, and currently high-paying slot machines, such as on the NewRetroCasino 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 instance, 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 shut down before the payout is finished. Thus, it’s critical that the payout policy specifies no restrictions on progressive payouts. Reading reviews on independent sites on the casino's reliability can help avoid scams.