A jackpot is a massive payout that multiplies the initial bet by hundreds or thousands of times. It is one of the primary goals for any gamer. To win it, players need to fully grasp the rules of Lex Online Casino and the chosen game offering this type of prize. The biggest prize ever achieved in Lex reached eight million USD. Statistics show that the highest probability of grabbing a jackpot is on slot games.
Types of Jackpots
Lex features quite a few kinds of jackpots, varying from a couple thousand to many million dollars:
- Fixed Jackpot: This includes a set amount that does not change regardless of the bet amount and frequency. To win, a specific condition must be met, such as hitting a particular symbol combination on a slot.
- Progressive Jackpot: The most popular and commonly recognized type. Its size grows constantly based on the total bets made by players. If no one wins, it continues to increase according to certain criteria. Once a winning combination is hit, it returns to a base amount. This type yields the highest possible rewards.
- Entry Jackpot: A fixed fund randomly distributed among a group of players. It is awarded to a lucky player at the end of the draw.
- Mystery Jackpot: The jackpot size is undisclosed. Limits are defined for the fund. When it reaches a specific amount, a draw takes place with no special requirements.
- Double Bonus: This features a mega prize for the game. The probability of victory depends on the amount wagered. The prize amount and winning criteria are not revealed.
How to Take Part in a Jackpot Draw
The increasing jackpot, which grows with each missed win, is the most desirable. A portion of every bet goes towards increasing this amount, which can accumulate to several million dollars. There are 3 main approaches to building the prize pool:
- Single Slot Progression: A portion of every bet on one chosen slot adds to the prize. These don't reach large amounts but are simpler to hit.
- Casino-Wide Contribution: The jackpot expands with bets from all players using slots in the casino, leading to substantial growth.
- Networked Casinos: The biggest prizes come from a collection of bets amassed from several casinos.
Finding the "Right" Jackpot
Professional gamblers develop sophisticated strategies for choosing and participating in progressive jackpots. However, some widely acknowledged advice include:
- Thoroughly understanding the rules of the slot or game with the jackpot.
- Spending your funds on a jackpot that has accumulated over time.
- Generally, fewer reels mean a higher chance of hitting the jackpot.
- Being ready to wager higher stakes, as many casinos raise bets for jackpot games.
- Making minimal bets to maximize spin count, raising them as needed by casino rules.
- Not assuming regular jackpot victories; stick to a planned approach even after a win.
Winning a jackpot is possible and can happen even on the first deposit after a handful of tries. Its main positive aspect is that it does not be influenced by the quantity, number of previous bets, or player's actions. When selecting a game, it is beneficial to examine visual data and statistics on machines with consistent jackpot wins, where the biggest prizes were claimed, and which slots offer the biggest wins currently, such as on the Lex Casino bonuses website.
Payouts for Progressive Jackpots
Before entering a jackpot contest, it’s important to examine the payout terms. Some casinos impose monthly withdrawal caps. For instance, if the monthly cap is $1,000 and the jackpot is $100,000, it could take over 8 years to receive the full amount, which is unacceptable for most. Additionally, many casinos might close down before the payout is complete. Thus, it’s essential that the payout policy specifies no restrictions on progressive payouts. Reading reviews on independent sites on the casino's credibility can help steer clear of dishonest practices.