A jackpot is a huge prize that increases the initial bet by multiples. It is one of the primary goals for any casino enthusiast. To hit the jackpot, players need to thoroughly understand the rules of New Retro and the particular game featuring this prize. The biggest prize ever achieved in NewRetro Online Casino reached 8 million dollars. Statistics show that the greatest chance of winning a jackpot is on slot games.
Types of Jackpots
New Retro offers quite a few kinds of jackpots, ranging from a couple thousand to many million dollars:
- Fixed Jackpot: This features a fixed prize that remains constant 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 game.
- Progressive Jackpot: The most well-known 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 conditions. Once a jackpot is won, it drops 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 victor at the conclusion of the draw.
- Mystery Jackpot: The jackpot size is undisclosed. Limits are defined for the fund. When it reaches a predetermined level, a draw takes place with no particular criteria needed.
- Double Bonus: This features a mega prize for the game. The probability of victory depends on the stake. The size and conditions for winning are undisclosed.
How to Take Part in a Jackpot Draw
The increasing jackpot, which expands with each non-winning draw, is the most attractive. A small part of every bet goes towards increasing this amount, which can eventually reach several million dollars. There are 3 main approaches to building the prize pool:
- Single Slot Progression: A fraction of every bet on one specific slot adds to the prize. These don't accumulate huge sums but are easier to win.
- 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 prize fund gathered from multiple casinos.
Selecting the "Right" Jackpot
Professional players formulate intricate plans for picking and engaging with progressive jackpots. However, some commonly accepted tips include:
- Thoroughly understanding the rules of the slot or jackpot game.
- Spending your budget on a jackpot that has been growing for a long time.
- Generally, fewer reels mean a higher chance of hitting the jackpot.
- Being ready to bet bigger amounts, as many casinos require higher wagers for jackpot opportunities.
- Making low stakes to get more spins, adjusting them based on casino requirements.
- Not assuming regular jackpot victories; continue playing with a pre-developed strategy after winning.
Winning a jackpot is fairly common and can happen even on the initial bet after a few spins. Its main advantage is that it does not be influenced by the quantity, past bets, or player's actions. When choosing a slot, it is helpful to examine visual data and statistics on games with regular jackpot hits, where the biggest prizes were claimed, and the most lucrative slots available now, such as on the New Retro platform.
Payouts for Progressive Jackpots
Before entering a jackpot contest, it’s essential to examine the payout terms. Some casinos restrict monthly payouts. For instance, if the limit is $1,000 and the win is $100,000, it could require more than 8 years to get the total prize, which is unacceptable for most. Additionally, many casinos might exit the business before the payout is fully disbursed. Thus, it’s essential that the payout policy specifies no restrictions on progressive payouts. Looking at user reviews on forums on the casino's reliability can help avoid scams.
