Progressive Jackpots and No Deposit Bonuses
If you are new to the gambling world, you may be wondering what progressive jackpots are. They are typically similar to regular online casino slots, with the only difference being that they pay out more. If you can play standard slots, you can play progressive jackpots too.
How Do Progressive Jackpots Work?
We have already established that a progressive jackpot is a special slot payout. These jackpots are won randomly and after and spins. The longer a progressive jackpot goes unclaimed, the larger it gets.
Progressive slots work by taking a proportion of every wager and adding it to the jackpot. Some people will refer to the sum as the "meter" because it's a pool from multiple slots. If fifty people were playing Divine Fortune simultaneously, all these players would contribute to and play for the same jackpot.
The majority of progressives are linked across several casinos. When multiple casinos are offering the same progressive slot, the jackpot can be extremely big. After a progressive jackpot has been claimed, it will reset to a set value. Some of the most incredible jackpots reset to €1 million.
Types of Progressive Jackpots
There are three kinds of progressive jackpots at any given online casino. The jackpots' size will vary depending on the number of players contributing and how many slots are linked up.
- Standalone Jackpots: Reserved for only one slot machine in a casino. It does not form part of any wider network.
- Local Jackpots: This is a network of several slot machines within one land-based casino. In online casinos, the local progressive jackpot might be a network of five to six different games.
- Network progressive Jackpots: This type of progressive slots offers the largest jackpots. They are networked across different casinos. All bets in all the linked casinos contribute to the jackpot.
How to Withdraw a Jackpot
What happens when you win a progressive jackpot? Who pays you? How do you withdraw a jackpot? To answer these questions, you will need to read through the casino's Terms and Conditions.
There are at least two ways to withdraw a jackpot. The casino operator will either pay you the whole lump sum amount or in installments, depending on the T&Cs. Today, jackpot withdrawals are not limited, unlike in the past, where lucky players would have to wait years before receiving their complete jackpot. You should always check the casino's terms and conditions before playing progressives.
No Deposit Bonuses
As online casinos strive to stay competitive, they will offer attractive bonuses and promotions to attract more players to their sites. Among these competitive offers are no deposit bonuses. Generally, a no deposit bonus is on offer to play casino games for free but win real money.
When a casino offers a no deposit, all you have to do is create an account with the casino to claim your bonus. But who is eligible for the bonus? Well, any registered player can be awarded a no deposit bonus, but they primarily target idle and new players.
No deposits are ideal for people who want to test the waters without committing their hard-earned cash. These offers extend real money credit to players. At times, the no deposit will only apply to specific titles or games, but you can always win big with a no deposit offer.
Claiming the Bonus
Claiming the no deposit bonus is easy. There are online casinos that will credit the bonus into your account as soon as you complete signing up. Other online casinos might require the player to request their no deposits from the customer care service via email.
Alternatively, you can input your no deposit bonus code to make your claim. Players who join an online casino via an affiliate link will be required to input the coupon code provided by the affiliate website.
Terms and Conditions
These bonuses are delightful, but you should understand that there are conditions attached to them. For instance, you cannot withdraw your no deposit bonus immediately after claiming it. To avoid disappointments, you should read and understand the terms and conditions attached to the no deposit you just claimed.
In most cases, there is a wagering requirement that players must meet before withdrawing the bonus plus its winnings. This means that you are required to play through the bonus several times or make an initial deposit before cashing out winnings made from the bonus.
Some no-deposit bonuses are sticky, which means that they are not cashable. Players can only use such a bonus to place bets and nothing else. You will only withdraw the winning from the bonus without the bonus itself. Additionally, you can only cash out your winnings after meeting the wagering requirement.
Regardless of the strict wagering requirements accompanying no deposit bonuses, these offers are attractive to most gamblers, particularly new players. A no deposit allows you to build your bankroll.