A fixed jackpot is a type of jackpot in online gaming that has a predetermined prize amount, which remains constant regardless of how many players participate or how often the game is played. This contrasts with progressive jackpots, which increase over time as players make bets, accumulating a larger prize pool until someone wins.
The jackpot prize is a fixed amount, meaning it does not increase or decrease over time. Players know exactly how much they can win if they hit the jackpot, and because the jackpot amount is fixed, players can easily understand the potential payout, making it straightforward and predictable.
Fixed jackpots are often found in slot machines and other casino games where the game design includes a specific top prize that can be won by achieving a certain combination or outcome. Casinos can manage their risk more effectively compared to progressive jackpots, which can grow to very large amounts.
These types of jackpots can appeal to players who prefer knowing the exact amount they can win and who may be attracted to games with a straightforward prize structure.
The types of jackpots can vary with Mega Jackpots having much larger fixed prizes, while Minor and Major Jackpots have smaller fixed amounts that players can win more frequently.
Players typically win fixed jackpots by fulfilling specific conditions within the game, such as landing a certain combination of symbols. Some games may tie the jackpot amount to the player’s wager, meaning higher bets could lead to potentially larger fixed prizes, while others offer a flat jackpot amount regardless of the stake.
Fixed jackpots tend to have a higher return-to-player percentage compared to progressive jackpots, as they do not require contributions from each bet to grow. This can lead to more frequent payouts, albeit usually for smaller amounts than those found in progressive systems.
