Partial Payouts in Progressive Casino SlotsBy: Mark Freedman, Wednesday February 24th 2010
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High payout progressive jackpot online slot games are very popular. Many players will be willing to take the small chance of winning a life-changing payout. But such payouts occur very infrequently. Therefore in order to maintain interest in the slot game, some of these games offer smaller payouts as well. Hence players do not feel aggrieved at not winning the largest payout.
Different online gaming software providers have incorporated different mechanisms in their progressive jackpot slots for offering partial payouts. In this respect some of the three reel progressive slots from Vegas Technology are very interesting. Red White & Win is the most popular of these games. This slot game is structured like the electromechanical slot games of earlier times. There is only one payline and the coin denomination is fixed at $2.50. The players can wager 1, 2 or 3 coins in this game. The progressive jackpot is hit when players get 3 American flag symbols on the payline and have wagered 3 coins.
Red White & Win has delivered two hits of almost $1 million in the last two years. Currently it is running at over $1 million. But Red White & Win has also delivered smaller payouts to many online players who have wagered on this game. When players have to wager 3 coins of $2.50 at every spin it means a total bet of $7.50. Not everyone can wager this amount spin after spin waiting to hit the progressive jackpot. Therefore Vegas Technology has incorporated a unique mechanism in the slot game. Players who wager with only 1 coin or with only 2 coins can win a small proportion of the jackpot if they align 3 American flag symbols on the payline. Players who wager with 1 coin will win 5% of the prevalent jackpot amount. Players who wager with 2 coins will win 10% of the prevalent jackpot amount.
Every wager adds to the progressive jackpot amount. However, the progressive jackpot amount does not rise as fast as in other slot games because small amounts keep getting disbursed. Some players who are willing to wager with 3 coins may find this irritating, but several low rollers are extremely happy with this arrangement. This arrangement has been incorporated in Red White & Win only a few years ago. When the slot game was first released players who wagered with 1 coin or 2 coins did not get a percentage of the progressive jackpot, but were paid only $2,500 or $5,000 respectively. There was no incentive for players to wager with less than 3 coins. Today 5% of the current jackpot amount of $1 million works out to $50,000 and 10% works out to $100,000. This makes it worthwhile for low rollers to wager with fewer coins for the smaller prizes.
Red White & Win is not the only progressive jackpot online slot game of this type in the portfolio of Vegas Technology. In Treasure Trail players can win 15% and 25% of the progressive jackpot when wagering with 1 coin and 2 coins respectively. In Mega Money Mine players can win 15% and 30% of the progressive jackpot when wagering with 1 coin and 2 coins respectively. These unique progressive jackpot online slot games can be played at all Vegas Technology online casinos such as those belonging to the English Harbour group and the Golden Casino group.
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