A jackpot is a huge prize that multiplies the original stake by hundreds or thousands of times. It is one of the top aims for any player. To hit the jackpot, players need to thoroughly understand the guidelines of NewRetroCasino and the particular game featuring this prize. The largest jackpot ever won in NewRetroCasino reached 8 million dollars. Statistics show that the best odds of winning a jackpot is on slot machines.
Types of Jackpots
NewRetro Online Casino features several types of jackpots, ranging from a couple thousand to many million dollars:
- Fixed Jackpot: This features a fixed prize that does not change regardless of the bet amount and frequency. To win, a certain requirement must be fulfilled, such as hitting a particular symbol combination on a slot machine.
- Progressive Jackpot: The most famous and sought-after kind. Its size increases continually based on the total bets made by players. If no one wins, it keeps accumulating according to certain rules. Once a jackpot is won, it drops to a base amount. This type provides the biggest possible payouts.
- Entry Jackpot: A set amount distributed at random among a set of participants. It is awarded to a lucky player at the draw's end.
- Mystery Jackpot: The jackpot size is undisclosed. Limits are defined for the fund. When it reaches a predetermined level, a random selection happens with no specific conditions required.
- Double Bonus: This provides an extra reward for the game. The chance of hitting the prize depends on the stake. The reward and winning conditions are unknown.
Ways to Participate in a Jackpot Draw
The ever-growing jackpot, which expands with each non-winning draw, is the most sought-after. A fraction of every stake goes towards increasing this amount, which can accumulate to several million dollars. There are 3 main ways to create the jackpot fund:
- Single Slot Progression: A fraction of every bet on one specific slot adds to the prize. These aren't very large but are more attainable.
- Casino-Wide Contribution: The jackpot grows with bets from all players using slots in the casino, leading to notable expansion.
- Networked Casinos: The biggest prizes come from a pool of funds collected across a network of participating casinos.
Finding the "Right" Jackpot
Experienced players create advanced methods for choosing and participating in progressive jackpots. However, some universally recognized guidelines include:
- Fully grasping the game rules or jackpot game.
- Spending your bankroll on a jackpot that has been growing for a long time.
- Usually, less reels equate to a greater jackpot probability.
- Being ready to bet bigger amounts, as many casinos raise bets for jackpot games.
- Making minimal bets to increase the number of spins, increasing them only as required by the casino.
- Not expecting to win jackpots regularly; continue playing with a pre-developed strategy after winning.
Grabbing a jackpot is fairly common and can happen even on the first deposit after a few spins. Its main advantage is that it does not rely on the amount, past bets, or bettor's moves. When picking a slot machine, it is helpful to look at charts and analysis on games with regular jackpot hits, where the largest amounts have been won, and currently high-paying slot machines, such as on the New Retro platform.
Pay-Outs for Progressive Jackpots
Before entering a jackpot contest, it’s essential to review the withdrawal rules. Many casinos impose monthly withdrawal caps. For example, if the monthly cap is $1,000 and the jackpot is $100,000, it could take upwards of 8 years for full payout, which is not feasible for most players. Additionally, many casinos might shut down before the payout is fully disbursed. Thus, it’s essential that the payout policy clearly indicates no caps for progressive wins. Looking at user reviews on forums on the casino's reliability can help avoid scams.