Whenever you think of online, as well as land-based casinos, slot machines can never be overlooked as they are one of the best ways of gambling and also winning huge. One of the most popular forms of the different types of slot machines is fixed jackpot slots. These slots enable players to claim a known and fixed jackpot amount, this is particularly exciting for players that prefer a quantified return. Spin with the Queen and rule the reels of gold!
In this article, we’re going to break down what fixed jackpot slots are, their mechanics, and the difference between fixed jackpot slots and other types of slot machines, for example progressive jackpot slots. We will also look at the pros and cons of playing fixed jackpot slots, along with ways to get the most out of your play.
1. What are Fixed Jackpot Slots?
The fixed jackpot slot is a type of slot machine where the jackpot can never change and remains the same. This differs from progressive jackpot slots, in which the total amount accrued by players goes into a progressive jackpot.
Fixed jackpot slots are described as being relatively simple – before each spin of the reels players know exactly what the highest available win will be. It is something many players are drawn to, preferring something a little more certain.
The Main Features of Fixed Jackpot Slots:
Predefined Jackpot Amount: In a fixed jackpot slot, the jackpot is pre-defined before the game session. It does not grow or change depending on how many spins players make, or how much money they wager. This gives vent to the jackpots, which remain fixed no matter how many times the game is played or how many people participate.
No Progressive Pool — The jackpot amount is fixed in fixed jackpot slots. In contrast to progressive slots, a percentage of each wager made by a player goes to a building jackpot pool.
Fixed Payout: The payout for a fixed jackpot win is usually sizeable, but it’s the same amount every time. For example, a game might have a $10,000 fixed jackpot, and each time it is won, it will reset to that amount.
Less volatility: The volatility of the fixed jackpot slots is usually less than the progressive jackpot slots. There is no change in the jackpot amount; players are aware of the prize they can win. Consequently, the payout arrangement tends to be somewhat steadier.
2. How Do Fixed Jackpot Slots Work?
Fixed-jackpot slots are similar in play to conventional slot machines. Players spin the reels, hoping to match symbols in certain alignments on the payline to receive payouts. The main difference is that in these machines, the jackpot is fixed, meaning that the maximum payout is always the same.
Here’s a brief overview of how fixed jackpot slots usually play out:
1. Betting Structure:
Before the reels spin, players need to place a bet. The size of the bet will dictate potential payouts, with larger bets leading to higher payouts. Still, the fixed payoff does not change with the size of the bet.
2. Paylines and Symbols:
Fixed jackpot slots segment the use of paylines and symbols like other slots. The more matching symbols players hit on a payline, the larger the payout. The fixed jackpot may also be triggered in certain instances through the landing of specific symbols on the reels, like a wild or scatter symbol.
3. Triggering the Jackpot:
The fixed jackpot in slots is most commonly won by lining up a specific combination of symbols or hitting a particular pattern on the reels. This fixed payout is paid to the player when the jackpot is triggered.
4. Fixed Jackpot Payout:
The fixed jackpot was a set payout that will not rise. If there is a static jackpot (For example, a $25,000 jackpot), every time it pays out because a player won it, it will always pay out $25,000, regardless of how many people entered the game or how long it takes for the jackpot to be hit.
3. What Are Fixed Jackpot Slots?How Do Fixed Jackpot Slots Differ From Other Slot Types?
Fixed jackpot slots are undoubtedly a winner, but this isn’t the only breed of slot machine on the market. The most common types of slots are: Progressive Jackpot Slots, Multi-Line Slots, and Video Slots To help differentiate between some of these other slot types, let’s compare fixed jackpot slots against them.
Fixed Jackpot Slot Machines vs Progressive Jackpot Slot Machines
The second (and most common) type of alternative to the fixed jackpot slots is Progressive Jackpot Slots. The major difference between the two kinds of slots is in the way that the jackpot is funded and grows. RIP City Spin through danger for dead-cool rewards!
— Jackpot size: The size of the jackpot in progressive jackpot slots increases over time when players contribute part of their bets to the prize pool. This means the prizes can be astronomical, often in the millions. On the other hand, in fixed jackpot slots, the jackpot is fixed, which means it does not change with more bets placed.
Jackpot Triggering: Progressive jackpots may be triggered in different ways, and usually require the player to land a particular combination of symbols. But, as the jackpot increases, it is usually more difficult to win. They typically have odds that are lower than slots with a fixed jackpot.
Jakpots: The biggest draw of progressive jackpots is the chance to win substantial amounts of cash. Players are prepared to take that risk on lower odds, in the hope of landing the big prize. Fixed jackpot slots, on the other hand, have a more stable payout system, but the rewards are less, usually.
Fixed Jackpot Slot Machines vs Multi Line Slot Machines
Another popular variation is the multi-line slots, which provide more winning combinations than their single-line counterparts. Multi-Line Slots: Multi-line slots allow us to bet on more than one payline at a time.
Paylines and Betting: Multi-line slots are high in the number of paylines Which gives the player more chances to win on each spin. On the other hand, fixed jackpot slots might have few paylines and placement of winning combinations may not work in the same way.
Jackpot Structure: Multi-line slots can be fixed or progressive. Multi-line slots may have a fixed jackpot, or they may come with a progressive jackpot. The key difference is that multi-line slots offer varying payoff since the paylines are adjustable, in contrast to fixed jackpot slots with a predetermined amount.
Premium jackpot slots vs video slots
Video slots are a progression of classic slots, equipped with modern graphics, animations, and bonus functions. Themed content, free spins, multipliers, and bonus rounds are featured as part of this experience on video slots.
– Bonus Features: Video slots often contain some bonus features like free spins, mini-games, and multipliers that can amount to the overall payout. With fixed jackpot slots, they might skimp on some of the multiple bonus features of the game, as their major selling point revolves solely around the jackpot.
Video Slot Jackpot Type — Video slots are typically found as fixed or progressive jackpots. The main distinction is video slots being all about the interactive, immersive experience, whereas fixed jackpot slots tend to be more plain and the jackpot is the primary lure.
4. The Pros and Cons of Fixed Jackpot Slots
Just like any gambling game, there are benefits and drawbacks to playing fixed jackpot slots. Let’s examine both sides more closely.
Advantages:
Guaranteed Payouts: The biggest benefit to fixed jackpot slots is the fact that the players know away in advance exactly how much they can expect to win. Unlike a progressive jackpot, where the payout fluctuates, the fixed jackpot amount is fixed so players can plan their strategy more easily.
Lower Volatility: Fixed jackpot slots typically have lower volatility, which means they provide more frequent payouts. Players will expect to win smaller amounts more of the time on the games, with the potential to land a fixed jackpot.
– Lower Risk: Players don’t need to fear a giant jackpot with mega millions getting hungrier than ever with the chance of winning less with bigger jackpot than beefed up and ever-deepening jungle (not only in population, but in desire to pocket those hundreds buying all week for a ‘chance.’). When it hits, however, the jackpot resets, and the player can just keep playing without facing any FOMO.
Fairer Odds: Winning a fixed jackpot is generally easier than winning a progressive jackpot, due to the fixed amount and competitive nature.
Disadvantages:
Lower Jackpots: The biggest disadvantage of fixed jackpot slots is that the jackpot size is generally lower than in progressive slots. Although your odds of winning might improve, the payout — in most cases — is not as sweet.
− Less Exciting: Another point that makes some players turn their backs to fixed jackpots is the often far less exciting nature of such games compared to their progressive counterparts.
Lack of Bonus Features: Several fixed jackpot slots do not have fancy bonus features that are found in video slots or multi-line slots so these games can seem less attractive to players that admire a more playful experience.
5. Conclusion
Fixed jackpot slots are the next option where they are an interactivee and a slight step up from a standard gambling experience. But they won’t reward you with the same life-altering jackpots as their progressive slot cousins, instead offering players a steady and simple payout structure. With a fixed jackpot in place, these types of slots are designed for casino players who enjoy playing at lower risk, while also giving them a higher reward of having a target that tells them exactly what they need to do, and how much they need to win to reach it. Let the gold rush rain down in Bonanza Falls!
Though different from other slots such as progressive and multi-line slots, the decision between the types of slot is a matter of the player’s tastes. If you want the chase and a chance at a huge growing life-changing top prize then you may find progressive jackpots are more up your alley. However, if you value stability, fixed jackpots are an exhilarating alternative with guaranteed payout in every turn of the reels.
Like any form of gambling, it’s important to play responsibly and be aware of your budget at all times. Whether it’s on a fixed jackpot slot or a progressive game, the important thing is to enjoy the experience and not gamble more than you can afford to lose.