If you know a little about slots, you will know they go by many different names. One of the most familiar names is a progressive slot, of which there are several notable ones. A progressive slot machine is one that includes at least one progressive jackpot. This is a jackpot that becomes larger the more people play the machine with real money.
Some progressive slots require players to bet a certain amount per spin. Others will allow smaller bets but may require a certain bet to be in with a shot of winning the jackpot. Still more games allow any level of bet to be placed for a chance of winning the jackpot, although bigger bets may produce better odds of triggering the big prize.
The jackpot will rise in value the more bets are placed by more people. This means some jackpots – especially in the popular slots like Mega Moolah – will reach six or seven figures. Everyone wants to win these, which means you will get bigger jackpots forming more quickly. In the case of a slot with several progressive jackpots, they will vary in size, with a bigger portion of each bet going into the bigger jackpot amount. They are among the most popular slots around today.