Online slots offer some of the largest jackpots the gambling industry has ever seen. Online slots are more generous than those found in casinos. However, players can become multimillionaires by playing progressive slots at online casinos. This is due to many players in the online gambling market and the extensive network of online advanced slot networks.

There are three types of jackpot networks in the online casino industry. The most popular is the wide-area progressive. This jackpot network connects the prize pool for a specific game to various online casinos. This ensures that prices rise quickly because hundreds of players from multiple online casino websites contribute to the prize pool.

This type of jackpot network is rare in land-based casinos. Due to technological limitations, operators cannot link jackpot pools unless they are connected physically via a “game bank.” In recent years, International Game Technology has developed technology solutions that enable land-based operators to secure games across a broad area. However, there are currently only a handful of such networks, including IGT’s Mega Jackpots network.

Online casinos have a larger jackpot pool due to the sheer number of players. Multiplayer wagering allows for a larger jackpot pool. The land-based casino world allows only one player to play a given game at a time. Online slots jackpots are much more progressive.

Microgaming is home to the most significant jackpot networks online, while Playtech is home to the smallest. Microgaming has had a progressive jackpot network since the beginning of the century. This has allowed the company to expand its prize pool and add new games over the past ten years. As a result, Microgaming has paid out more than $400 million in progressive jackpot prizes over the years. Mega Moolah is the most excellent Microgaming game, regularly offering tips of more than $5,000,000.

Although the WinAJackpot network of PlayTech is not as old as Microgaming, it has been extremely generous over its entire existence. Since 2003, the network has awarded over $126 million in winnings. Playtech’s largest jackpot was $7.5 million, which came from the game Beach Life.

Newer online jackpot networks have also proven to be very generous. For example, International Game Technology’s MegaJackpots offers prizes up to $1.5 million. Net Entertainment also proved its worth last year by awarding a $22million jackpot, breaking the record for the most extensive online casino jackpot.