A jackpot is a substantial win that multiplies the original stake by hundreds of thousands of times. It is one of the primary goals for any casino enthusiast. To hit the jackpot, players need to thoroughly understand the regulations of New Retro and the specific game offering this type of prize. The largest jackpot ever won in New Retro Casino reached eight million USD. Statistics show that the best odds of grabbing a jackpot is on slot machines.
Types of Jackpots
NewRetro Casino features quite a few types of jackpots, ranging from a couple thousand to many million dollars:
- Fixed Jackpot: This includes a set amount that remains constant regardless of the size and number of bets. To win, a particular criterion must be achieved, such as hitting a particular symbol combination on a slot machine.
- Progressive Jackpot: The most well-known and sought-after kind. Its size expands steadily based on the number and size of all players' bets. If no one wins, it continues to increase according to certain conditions. Once a victory condition is met, it resets to a base amount. This type yields the highest possible rewards.
- Entry Jackpot: A established pool distributed at random among a set of participants. It is awarded to a winner at the conclusion of the draw.
- Mystery Jackpot: The amount is unknown to players. Limits are established for the pool. When it reaches a certain threshold, a random draw occurs with no particular criteria needed.
- Double Bonus: This features a mega prize for the game. The likelihood of winning depends on the amount wagered. The prize amount and winning criteria are unknown.
Ways to Take Part in a Jackpot Draw
The ever-growing jackpot, which expands with each non-winning draw, is the most sought-after. A small part of every stake goes towards boosting the total, which can surpass several million dollars. There are 3 main approaches to building the prize pool:
- Single Slot Progression: A percentage of every bet on one specific slot adds to the prize. These aren't very large but are easier to win.
- Casino-Wide Contribution: The jackpot grows with bets from all players using slots in the casino, leading to substantial growth.
- Networked Casinos: The largest jackpots come from a prize fund gathered from multiple casinos.
Selecting the "Right" Jackpot
Professional gamblers develop sophisticated strategies for selecting and playing progressive jackpots. However, some commonly accepted tips include:
- Fully grasping the game rules or game with the jackpot.
- Spending your budget on a long-standing jackpot.
- Usually, less reels equate to a greater jackpot probability.
- Being ready to wager higher stakes, as many casinos require higher wagers for jackpot opportunities.
- Making low stakes to increase the number of spins, adjusting them based on casino requirements.
- Not assuming regular jackpot victories; keep using a pre-planned strategy post-win.
Grabbing a jackpot is not rare and can happen even on the first attempt after a couple of plays. Its main advantage is that it does not rely on the amount, number of previous bets, or player's actions. When selecting a game, it is advantageous to review infographics and analytics on machines with consistent jackpot wins, where the biggest prizes were claimed, and currently high-paying slot machines, such as on the NewRetroCasino rewards platform.
Payouts for Progressive Jackpots
Before participating in a jackpot draw, it’s important to review the withdrawal rules. Many casinos restrict monthly payouts. For instance, 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 unacceptable for most. Additionally, many casinos might close down before the payout is fully disbursed. Thus, it’s critical that the payout policy specifies no restrictions on progressive payouts. Reading reviews on independent sites on the casino's reliability can help avoid scams.