Progressive Casino Jackpots Above $2 MillionBy: Ryan Alders, Tuesday March 22nd 2011
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Two progressive jackpot online slot games are currently ticking away at over $2 million. These have different natures and histories and make a stark contrast with each other.
The first of these is MegaJackpots from the online gaming software provider WagerWorks. WagerWorks is the online wing of the well known land based slots machine manufacturer IGT. The MegaJackpots progressive jackpot is at £2,917,471. Converted to dollars it amounts to $4.75 million making it one of the biggest online jackpots in the online casino industry. Actually MegaJackpots is a network of three popular WagerWorks online slot games, which are Cleopatra, Cluedo and Monopoly. The jackpot can be hit on any of these games.
Despite being at such a high level, the MegaJackpots progressive jackpot amount is increasing at less than £1,000 per day. This is apparently very surprising. Two factors could perhaps contribute to this. The first is that the MegaJackpots jackpot has never been hit. This creates some degree of uncertainty in the minds of players. One the first hit takes place the jackpot should rise faster the next time round. The more pertinent reason for the slow growth of the MegaJackpots jackpot could be that WagerWorks offers all these three online slot games in independent versions without any progressive jackpot. These games undoubtedly draw traffic away from the MegaJackpots network. Players can wager on the MegaJackpots progressive games at all WagerWorks online casinos like Virgin Casino.
The second progressive jackpot online slot game that is above two million dollars is Millionaires Club from the software provider Cryptologic. It is currently ticking at $2,158,855. Millionaires Club is rising at over $6,000 per day, which is much faster than MegaJackpots. Several hits have been registered on Millionaires Club in the past, but only two of these were above $2 million. The first was the memorable hit of $5,898,352, which ranks as one of the biggest progressive jackpot hits at online casinos. This took place almost 4 years ago. The next hit soon after was just over $2 million. Thereafter Millionaires Club has always hit below $2 million. It is only now that it has breached the $2 million level, which makes it an exciting prospect.
If one looks at the history of the Millionaires Club progressive jackpot online slot game over the last five hits then the jackpot has hit for an average of about $800,000 at an average interval of 190 days. The surprising aspect is that Millionaires Club was last hit only 174 days ago and has risen to over $2 million. This implies some hectic wagering on this game at Cryptologic online casinos like InterCasino and VIP Casino.
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