{"id":9004,"date":"2025-04-29T16:21:09","date_gmt":"2025-04-29T15:21:09","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=9004"},"modified":"2025-04-29T16:23:21","modified_gmt":"2025-04-29T15:23:21","slug":"what-are-progressive-jackpot-slots","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/casino\/what-are-progressive-jackpot-slots\/","title":{"rendered":"What Are Progressive Jackpot Slots?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Many people would love to have their lives transformed by hitting a huge jackpot with a lucky spin of an online slot. Progressive jackpot slots offer you the chance to do just this, with potential prizes that are simply out of reach with even the highest paying regular slots.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Progressive slots take a portion of every stake made by players and add them to one or more jackpot prize pools. These build up as people play on the slot, until the jackpot is triggered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, you\u2019ll see how progressive jackpot slots work, see some of the biggest jackpot wins, and find out how you can use progressive slots to your advantage by doing <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/casino-matched-betting\/\"><span style=\"font-weight: 400;\">casino offers<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Progressive Slots Work<\/span><\/h2>\n<h2><span style=\"font-weight: 400;\">Jackpot Accumulation<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Progressive jackpot slots work a little differently to regular slots, by taking a portion of your stake and adding this to a jackpot fund. The screenshot below shows Mega Moolah, which is an example of a progressive jackpot slot:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9010\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image5.jpg\" alt=\"\" width=\"899\" height=\"515\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image5.jpg 899w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image5-300x172.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image5-768x440.jpg 768w\" sizes=\"(max-width: 899px) 100vw, 899px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Not taking into account the jackpots, Mega Moolah has a very low <\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/what-does-return-to-player-rtp-mean\/\"><span style=\"font-weight: 400;\">Return To Player<\/span><\/a><span style=\"font-weight: 400;\"> (RTP) of 88.12%. On top of this, there&#8217;s an additional jackpot contribution of 5.30% of your stake, meaning that for every \u00a3100 staked, \u00a35.30 is added to the jackpot fund.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This fund is shared between the four jackpots &#8211; Mini (red), Minor (orange), Major (yellow), and Mega (white). In the screenshot, the value of the Mega Jackpot at the top left is \u00a33,620,256.83 at the time. Funded by the 5.3% jackpot contributions, this jackpot builds up until a lucky player eventually wins it.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Networked and Standalone Progressive Jackpot Slots<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There are two main types of progressive jackpot slot: standalone and networked. A standalone progressive slot accumulates the jackpot fund from just one machine or a single slot on an online site.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Networked progressive jackpot slots work a little differently. These link multiple machines or slots, sometimes across different casinos or casino sites, all of which share the same jackpots.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because there\u2019s far more money being put into networked progressive slots, the jackpots grow much faster. You\u2019ll tend to find that online progressive jackpot slots are networked slots.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The screenshot below shows different Mega Moolah slots at a particular casino, all of which share the same jackpot fund:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9008\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image3.jpg\" alt=\"\" width=\"926\" height=\"582\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image3.jpg 926w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image3-300x189.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image3-768x483.jpg 768w\" sizes=\"(max-width: 926px) 100vw, 926px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">Jackpot Seed Money<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When a player of any of these slots across all of the casinos that host them wins one of the jackpots, the jackpot amount drops to a minimum amount. The Mega Moolah Mega jackpot resets to \u00a31,000,000 after being won, for example.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This minimum amount is known as the <\/span><b>seed<\/b><span style=\"font-weight: 400;\"> amount, and it&#8217;s guaranteed and provided by the casino or slot provider. After being re-seeded at this minimum amount, the jackpot starts to grow again, funded by players&#8217; jackpot contributions as before.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Random Number Generators (RNGs)<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Like all online slots, progressive jackpot slots use Random Number Generators (RNGs) to generate their results and ensure fairness. Since each spin is independent from all other spins, RNGs make it impossible to predict when a jackpot will hit.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Are Jackpot Wins Triggered?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Online progressive jackpot payouts can be triggered in several ways:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>At random<\/b><span style=\"font-weight: 400;\">, using the slot&#8217;s Random Number Generator (RNG).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">By hitting a particular <\/span><b>payline<\/b><span style=\"font-weight: 400;\">, for example, a line of special symbols.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">By activating a <\/span><b>bonus feature<\/b><span style=\"font-weight: 400;\">. From within this, you might need a certain outcome on a prize wheel or pick three matching jackpot symbols from a set of hidden symbols.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Mega Moolah has a randomly triggered bonus round that can happen after any spin, independent of the payline you&#8217;ve landed on. If you hit the bonus round, you&#8217;re presented with the following screen:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9006\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image1.jpg\" alt=\"\" width=\"628\" height=\"304\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image1.jpg 628w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image1-300x145.jpg 300w\" sizes=\"(max-width: 628px) 100vw, 628px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The bonus round features a prize wheel with red, orange, yellow, and white zones for the four different possible jackpots. To win the Mega Jackpot, the wheel needs to stop with the pointer over the white zone with the image of the paw, as shown below:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9009\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image4.jpg\" alt=\"\" width=\"978\" height=\"647\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image4.jpg 978w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image4-300x198.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image4-768x508.jpg 768w\" sizes=\"(max-width: 978px) 100vw, 978px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Here&#8217;s a screenshot of Mega Moolah&#8217;s demo or free play mode, showing what would happen if you won the Mega jackpot:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9016\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image11.jpg\" alt=\"\" width=\"946\" height=\"636\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image11.jpg 946w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image11-300x202.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image11-768x516.jpg 768w\" sizes=\"(max-width: 946px) 100vw, 946px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">Jackpot King Slots<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Another popular provider of networked progressive jackpots is Jackpot King. With these slots, the jackpot is triggered by hitting a specific winning payline &#8211; a line of Jackpot King symbols.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This can be triggered randomly on any spin and at any stake size. You can see what this looks like on the Luck O&#8217; The Irish Fortune Play slot below:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9018\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image13.jpg\" alt=\"\" width=\"959\" height=\"587\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image13.jpg 959w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image13-300x184.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image13-768x470.jpg 768w\" sizes=\"(max-width: 959px) 100vw, 959px\" \/><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-9012\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image7-1024x628.jpg\" alt=\"\" width=\"800\" height=\"491\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image7-1024x628.jpg 1024w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image7-300x184.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image7-768x471.jpg 768w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image7.jpg 1037w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">After entering the bonus round, the player then needs to activate the Wheel King to have a chance of winning the jackpot.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-9014\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image9-1024x287.jpg\" alt=\"\" width=\"800\" height=\"224\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image9-1024x287.jpg 1024w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image9-300x84.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image9-768x215.jpg 768w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image9.jpg 1135w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">To hit the biggest jackpot, known as Jackpot King, the Wheel King needs to land on the &#8216;Jackpot King&#8217; symbol. You can see what this looks like in the screenshot below, which shows a reconstruction of an actual \u00a34.6 million UK jackpot win:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-large wp-image-9017\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image12-1024x612.jpg\" alt=\"\" width=\"800\" height=\"478\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image12-1024x612.jpg 1024w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image12-300x179.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image12-768x459.jpg 768w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image12.jpg 1091w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">If you&#8217;re lucky enough to ultimately hit the Jackpot King, you&#8217;ll be greeted by a screen informing you that you&#8217;ve just become several million pounds richer than you were a few seconds ago.<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9015\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image10.jpg\" alt=\"\" width=\"956\" height=\"459\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image10.jpg 956w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image10-300x144.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image10-768x369.jpg 768w\" sizes=\"(max-width: 956px) 100vw, 956px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s worth pointing out that, even if you&#8217;ve made it through to one of these jackpot bonus rounds, you&#8217;re still very unlikely to come away with a huge profit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To temper your expectations a little, here&#8217;s a screenshot of a \u2018massive\u2019 \u00a31 win from one of my own Jackpot King bonus rounds, which I hit whilst wagering for a casino offer:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9007\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image2.jpg\" alt=\"\" width=\"959\" height=\"587\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image2.jpg 959w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image2-300x184.jpg 300w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image2-768x470.jpg 768w\" sizes=\"(max-width: 959px) 100vw, 959px\" \/><\/p>\n<h2><span style=\"font-weight: 400;\">The Biggest UK Progressive Jackpot Wins<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The table below shows the biggest UK jackpot winners, including the amount of money they won and the equivalent value as of the writing of this article, as of November 2024.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Amount Won<\/b><\/td>\n<td><b>November 2024 Equivalent Value<\/b><\/td>\n<td><b>Name<\/b><\/td>\n<td><b>Date<\/b><\/td>\n<td><b>Bookmaker<\/b><\/td>\n<td><b>Slot<\/b><\/td>\n<td><b>Spin Size<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a315,183,085<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a318,454,815<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Mr M<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14\/4\/21<\/span><\/td>\n<td><span style=\"font-weight: 400;\">32Red<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Book of Atem: WowPot!<\/span><\/td>\n<td><span style=\"font-weight: 400;\">80p<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a313,213,838<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a317,639,413<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Jon Heywood<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6\/10\/15<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Betway<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Mega Moolah<\/span><\/td>\n<td><span style=\"font-weight: 400;\">25p<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a36,373,373<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a38,155,240<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Neil<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17\/11\/17<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Casumo<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Hall of Gods<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u00a34<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a36,200,000<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a38,200,000<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anonymous<\/span><\/td>\n<td><span style=\"font-weight: 400;\">December 2016<\/span><\/td>\n<td><span style=\"font-weight: 400;\">BGO Casino<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Mega Fortune<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u00a31.25<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a35,883,044<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a38,084,203<\/span><\/td>\n<td><span style=\"font-weight: 400;\">John Orchard<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9\/12\/12<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Butlers Bingo<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Dark Knight (Mega Moolah)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">30p<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a35,543,986<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a36,875,214<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anonymous<\/span><\/td>\n<td><span style=\"font-weight: 400;\">24\/5\/19<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&#8211;<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Mega Moolah<\/span><\/td>\n<td><span style=\"font-weight: 400;\">&#8211;<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a35,400,000<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a37,287,725<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Anonymous<\/span><\/td>\n<td><span style=\"font-weight: 400;\">October 2013<\/span><\/td>\n<td><span style=\"font-weight: 400;\">BetVictor<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Hall of Gods<\/span><\/td>\n<td><span style=\"font-weight: 400;\">20p<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>\u00a35,400,000<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u00a35,761,580<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Michael Clark<\/span><\/td>\n<td><span style=\"font-weight: 400;\">January 2023<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Betfred<\/span><\/td>\n<td><span style=\"font-weight: 400;\">King Kong Cashpots (Jackpot King)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u00a31.40<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span style=\"font-weight: 400;\">Using Progressive Slots For Casino Offers<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Although it\u2019s great to think about the possibility of hitting a huge jackpot win on a progressive jackpot slot, the chance of doing so is sadly extremely small.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In reality, the vast majority of players of slots, progressive or otherwise, will just lose money in the long run. This is because all slots have an RTP (Return To Player) under 100%.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, Mega Moolah has an overall RTP of 93.42%, including the jackpot contribution, meaning you\u2019ll only get \u00a393.42 back on average\u00a0 for every \u00a3100 wagered. Putting it another way, you\u2019ll lose an average of \u00a36.58 per \u00a3100 wagered.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there is a way to make long-term profits from progressive jackpot slots, and that\u2019s by using them to complete <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/casino-matched-betting\/\"><span style=\"font-weight: 400;\">casino offers<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s an example of a Betfair Casino offer at <\/span><a href=\"https:\/\/www.oddsmonkey.com\"><span style=\"font-weight: 400;\">Oddsmonkey<\/span><\/a><span style=\"font-weight: 400;\">, which uses a Jackpot King slot for the initial wagering and free spins:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9011\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image6.jpg\" alt=\"\" width=\"685\" height=\"606\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image6.jpg 685w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image6-300x265.jpg 300w\" sizes=\"(max-width: 685px) 100vw, 685px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">You get 50 free spins initially, then another 50 after completing wagering.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The expected value (EV) is the average profit you\u2019d make from the offer if you did it hundreds of times. Here\u2019s how it\u2019s worked out, using Eye of Horus Jackpot King, with its RTP of 95.46%:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Average remaining money after wagering \u00a310 at 95.46% = \u00a310 x 0.9546 = \u00a39.546<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Average loss from wagering \u00a310 = \u00a310 &#8211; \u00a39.55 = \u00a30.454<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Average profit from 100 spins at \u00a30.10 each on a 95.46% RTP slot = 50 x \u00a30.10 x 0.9546 = \u00a39.546<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Expected Value (EV)<\/b><span style=\"font-weight: 400;\"> = Average profit from offer = \u00a39.546 &#8211; \u00a30.454 = <\/span><b>\u00a39.09<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">It\u2019s much easier to work this out using Oddsmonkey\u2019s handy EV Calculator:<\/span><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-9013\" src=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image8.jpg\" alt=\"\" width=\"695\" height=\"442\" srcset=\"https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image8.jpg 695w, https:\/\/www.oddsmonkey.com\/blog\/wp-content\/uploads\/2025\/04\/image8-300x191.jpg 300w\" sizes=\"(max-width: 695px) 100vw, 695px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The great thing about using a progressive jackpot slot for this offer is that it has great long-term value, but there\u2019s also a small chance you could have a life-changing win.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Having said that, when it comes to completing casino offers, progressive jackpot slots won\u2019t always be eligible. Even if they are, they often have quite a low RTP, so a regular slot will often be the better option to maximise your EV.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Summary<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The appeal of progressive jackpot slots is obvious: alongside the hope of a decent win and making a nice profit, there\u2019s always the chance you\u2019ll hit one of the big jackpots for a life-changing win.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As with all slots, if you\u2019re purely gambling on them, unless you happen to be incredibly lucky, hit a big win, then stop playing, you\u2019ll lose money in the long run. This is because the RTP of slots is always less than 100% (they pay back less to the player on average than the amount staked).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you want to use slots to your advantage, doing <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/casino-matched-betting\/\"><span style=\"font-weight: 400;\">casino offers<\/span><\/a><span style=\"font-weight: 400;\"> with Oddsmonkey is the way to go. Although you\u2019re not guaranteed to make a profit from any offer, as long as you keep going with +EV (positive expected value) offers, you\u2019ll make profits in the long term. And the more offers you do, the more money you\u2019ll make.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whilst doing casino offers, it\u2019s very important to follow the guides to the letter and avoid doing any additional spins. Not only do these extra spins reduce your long-term value, they can be the first step to getting carried away and developing a gambling issue.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many people would love to have their lives transformed by hitting a huge jackpot with a lucky spin of an online slot. Progressive jackpot slots offer you the chance to do just this, with potential prizes that are simply out of reach with even the highest paying regular slots.\u00a0 Progressive slots take a portion of [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":9020,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":""},"categories":[87],"tags":[],"yst_prominent_words":[6611],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/9004"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/comments?post=9004"}],"version-history":[{"count":1,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/9004\/revisions"}],"predecessor-version":[{"id":9019,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/9004\/revisions\/9019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/media\/9020"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/media?parent=9004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/categories?post=9004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/tags?post=9004"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=9004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}