Online slot games are the virtual version of traditional slot machines. Unlike other popular casino games, such as poker and blackjack, slot games do not rely on any skill or strategy. Instead, their outcome is determined purely by luck. 

These games use Random Number Generators (RNG) to create randomised series of numbers after a player ‘spins’ the reels. Slots can be incredibly thrilling for players, and since they are easy to understand and play, they are among the most popular casino games. 

Do you want to play online slots but are wondering what your chances of winning are? Well, you wouldn’t be the first! In this article, we’ll discuss whether or not it’s possible to hit the jackpot in slots. Let’s take a spin! 

Examples of Popular Slot Games

Before we dive in, check out seven of the best online slots that are extremely popular among players!

  • Gates of Olympus 
  • The Hand of Midas
  • Caesar’s Empire 
  • Aztec’s Millions
  • Sweet Bonanza 
  • The Dog House
  • Big Bass

What Are Progressive Jackpots? 

Progressive jackpots are winnings that increase each time the game is played without the jackpot being won. So, every time a new player tries their luck at an online slot, if they don’t win, a small predetermined amount is added to the overall jackpot. As you can probably guess, this allows some jackpots to reach exponential sums, making them even more tempting to play. 

Many different slots implement this feature, and it’s even present in other gambling-based games, such as lotteries and game shows. Progressive jackpots are also incredibly loved by players in online and land-based casinos, and many choose them over regular slots. 

Sometimes, players have the illusion that a larger amount means they have more chance of winning. Unfortunately, this is simply not true. Regardless of how big the jackpot is, you still have the exact same chance of winning. However, further in this article, we’ll discuss key factors that do influence a player’s chance of hitting the jackpot.

How Do I Play an Online Slot Game? 

If you want to play slots online, then you’ve come to the right place! Here’s a quick guide on how to play online slot machines:

Step 1 – Find a Casino 

Firstly, you need to find an online casino to play from. The good news is that you have a lot of options! The bad news is that you have a lot of options. Yes, sometimes it can be overwhelming to find a suitable casino with so many choices at the tip of your fingertips. You also need to account for your own safety when choosing an online casino, as there are plenty of scams and unregulated sites around. 

If you’re concerned about finding a licensed and full-featured casino alone, then don’t worry! Rather than searching for one by yourself, you can choose to use a platform that automatically connects you to established casinos that cater to your preferences. Platforms such as Fishin Frenzy connect its users with safe casinos that provide fast payouts, exciting bonus features, and a wide selection of thrilling games. 

Step 2 – Choose a Game 

Once you’ve found a casino you’re satisfied with, it’s time to choose a slot to play! As we’ve mentioned, there are thousands of unique and interesting slot games to enjoy. You can begin by scrolling through the list of games your casino offers and try any that catch your attention. Slots typically have themes such as animals, Ancient Egypt, Ancient Rome, music, and movies. 

Remember, you don’t have to stick with the first slot you find! You can jump between various games until you land on one that interests you the most. 

Step 3 – Check Out the Paytable 

After you’ve decided on a slot to use, you simply need to click ‘play’. At this point, we recommend that you take a look at the game’s paytable to see how much each symbol is worth. Of course, this won’t increase your likelihood of hitting the jackpot. But it’s still nice to know which symbols to look out for when playing. 

Step 4 – Make a Bet

Next, you can choose how much you want to bet and how many playlines to play. We suggest starting with a smaller bet, to begin with, at least until you fully understand how the game works. It’s also important to set a budget beforehand and stick to it as a way to gamble responsibly. 

Step 5 – Spin!

Now, it’s time for the best part, playing! You simply need to click the ‘spin’ button and watch the reels start spinning. After a short time, the reels will stop, and the game will show you whether you’ve won or not. 

If you have been lucky enough to get a win, the game will display your winnings and offer you the chance to gamble them or cash them out. If you choose the latter, smaller winnings will be deposited into your online casino account. But, if you’re exceptionally lucky and win the slot’s jackpot, then you’ll usually have to wait for the casino to check the legitimacy of the win and verify the player’s account. After no more than a few days, you’ll have access to your winnings. Good luck! 

Is It Possible To Hit the Jackpot in an Online Slot Machines?

The short answer is – YES! It is definitely possible to hit a jackpot when playing online slots. 

However, it’s slightly more complicated than that. There are various factors that influence your likelihood of experiencing a big win when you sign up for an online casino to play a slot game. Online slots, at their core, are based on chance. Not even the most experienced gamblers can gain enough skill or adopt an advanced strategy that will guarantee a win.

As with any other casino game, slots are not a way to make a profit or use as a reliable source of income. Some players spend weeks’ worth of their time playing slot games without ever experiencing a significant win. On the other hand, a player may use a single dollar for one spin and end up with a 7-digit win. 

It’s important to keep this in mind and ensure that you play responsibly when playing in online slots. The idea of hitting the jackpot can be consuming and has often led to players exceeding their budgets with the mindset of “just one more spin”. 

Fun fact: No one had hit the jackpot for over 20 years at a casino in Las Vegas! This stint was finally broken in 2014 when an American couple scooped up an impressive $2.4 million after playing the game for just five minutes! 

What Can Influence My Chances of Hitting The Jackpot?

Although slot games are largely based on luck, there are some factors that influence your chances of hitting the jackpot. By understanding these factors, you can make a more informed decision when choosing a slot game to play and sitting down for a session through your favourite online casino. 

The Type of Slot Game

Firstly, you must account for the type of slot game you’re planning on playing. There are thousands of slot games to choose from, each with its own designs, rules, and payout sums. We recommend doing some research to find a slot game that suits you the best before signing up for a casino and depositing your funds.

You can also consider which casinos offer a welcome bonus or free spins for newcomers. This can help up your chances of winning big without exceeding your budget! 

Sometimes, you can gain an idea of your chances of winning big at an online slot game by counting how many reels the game has and the number of symbols that are present on each wheel. If a slot game has a large number of reels with lots of symbols on each, then you can guess that you’ll have less overall chance of experiencing a big win. 

Return to Player Ratio (RTP)

The most important factor to consider when choosing an online slot game to play is the Return to Player Ratio (RPT). This refers to the amount of money (expressed as a percentage) that is paid back to players who wager their money. 

For example, if a slot has an RTP of 96%, then on average, you can expect to get back $96 for every $100 you play. However, keep in mind that you may get lucky and make a big win with a single spin, or you may experience an unlucky streak and not get a single win over the course of several spins. 

The average RTP for slot games is between 96-97%. Any lower than this percentage, and the slot game is likely not worth you playing. On the flip side, if a slot has a high RTP, then you will, on average, experience fewer losses. 

Largest Online Slot Machine Payouts

To prove to you that it is possible to hit the jackpot when playing slot games at online casinos, here’s a list of the biggest wins ever recorded. These lucky players’ lives were changed forever after having a go at some infamous slot games. So, let’s find out more about the largest online slot machine payouts! 

  • $24 Million (€17.8 Million) – Mega Fortune 

The biggest online slot payout on record was by a Finnish Man who decided to play at an online Scandinavian casino called PAF. Unbelievably, this man won the jackpot on a 25-cent spin! He was able to make the bonus round before progressing through three rounds of the Mega Jackpot wheel. The man, who decided to remain anonymous, was believed to have just €18 in his account when he decided to have a go at the progressive jackpot game. 

  • $23.6 Million (€19.4 Million) – Absolootly Mad: Mega Moolah

As a close second, in 2021, a player from Belgium was simply enjoying their favourite slot game,  Absolootly Mad: Mega Moolah. It’s unclear how long the player was using the online machine, but at some point, he hit the jackpot and received a life-changing amount of money! Some consider this the biggest win ever in online slot games. However, due to exchange rates, we’ll place it second on our list. 

  • $13.47 Million (€11.7 Million) – Mega Fortune

As an honourable mention, we’d like to mention this story. In late 2011, a Norwegian man decided to try his luck with the Mega Fortune slot at Betsson Casino after experiencing trouble sleeping. To his amazement, he ended up bagging an impressive $13.47 million. This eye-watering payout landed the man a slot in the Guinness Book of World Records, and he even received personal congratulations from the CEO of Besson, Huw Thomas! 

Final Thoughts

In conclusion, it is possible to hit the jackpot when playing slot games! As these games are based on luck alone rather than strategy, gamblers of any experience level have a chance of winning big when playing slots. There have been plenty of instances where players have won millions by using online slot machines. Just remember to use a licensed casino, stick to a budget, and remember that the key to gambling is having fun! Happy spinning!