If you a fan of the ever growing gambling trend, the times are changing, thelingo is changing, and slot machine mastery is changing!
Videoslots is an online casino, founded in 2011 and headquartered in Malta.It is licensed by the Malta Gaming Authority, Swedish Gambling Authority (Spelinspektionen), the Gambling Commission of the United Kingdom, and the Danish Gambling Authority (Spillemyndigheden). First on the list is IGT Interactive's Megabucks. The first wide-area progressive machine. A non-progressive jackpot is simply a jackpot that is fixed at a specific amount. For example, many slot machines use the traditional slot symbols like ‘cherries’ ‘bars’ and the ‘big 7’. A jackpot on this type of machine might be 5,000 coins for three 7’s (7-7-7).
There are so many different terms to winning today in casinos, often itleaves players breathless with wonder. Have you ever walked into a casino andnot understood the difference between a casino jackpot win? Orhave you ever just wondered what the difference is between a jackpot and aprogressive jackpot?
Let us give you some insight on the progressivejackpots.
WHAT IS A PROGRESSIVE SLOT JACKPOT?
Winning slots in a casino sometimes seems like a piece ofcake, while other times it seems that you have to develop a mastery ofthe slot machine.
There is some really good insider information that you may find helpful onprogressive slots. Progressive jackpot slots are theonly slot game that regularly offers millions of dollars plus jackpots.
The whole idea to progressive slot machines is that apercentage of each bet placed would add to the jackpot prize. Thus, every betplayed would be added to the previous bets, making the jackpot grow. Everytime you spin the reel, or push the reel button, a percentage of your bet isadded to the jackpot, causing the jackpot to grow, and grow and grow. Theproblem with progressive jackpots is that they have a lowerpayout percentage than a standard slot machine jackpot.
PLAYING TIPS TO WIN PROGRESSIVE SLOT MACHINES
When playing progressive slot machines the best pay out isalways with the max bet allowed. This means, if the game says that the max betis 3 coins, you should play 3 coins. This is because when you win slots,you only win the maximum jackpot if you bet the max bet. If you do not play maxbet, your win could only be a third of what it should or could have been.
Most people like to play $1.00 or .25 slots. What could be worse thanbetting a half dollar on a one dollar slot and only winning $1000.00 when youcould have won the progressive jackpot of 100000.00!
If you like to play land based casinos, make sure that all the coins haveregistered and been accounted for before spinning your reel. Playing online isa little easier; just be sure to always hit the max bet option.
Some wonder if progressive slots are worth the money. The main thing to takeinto consideration is to know your budget. Progressivejackpots tend to have a lower payout record than other slotmachines. If you have a certain amount of money you are playing with,only play a portion towards progressive slots. This will helpyou keep some money to play other slot machines if your luckis not with you on the progressive slot machines with higherpay out odds.
Once a progressive jackpot is won, the meter usually resetsitself to the base jackpot amount. Most legitimate casinoswill give you information on when the last progressive jackpottook place, and for how much the win was for. CheckSlotland homepage for details.
WHERE TO FIND PROGRESSIVE SLOTS
Slot machines in casinos are making changes every day. Atone time, casinos were just pure walk in, walk out. Now you can take a spinfrom the privacy of your own home. Legitimate online casinosare becoming more and more popular. Not only can you find your favoriteslot machine in a regular casino, you can wander cyber spaceand find many of the same games online.
Whether you're looking for primary jackpots, secondary jackpots orprogressive slot jackpots, online casinos give you thepleasure of playing whenever you want. Linked progressive jackpots are nowcommon to both online and offline casinos.
Progressive Slots Game
LAST THOUGHTS ON SLOT GAMING
Playing at the casino can be fun, relaxing and relatively pain free. Youjust need to keep a few things in mind when doing so. Always know your limit.Playing slot machines should always be for entertainment only,not intended to use as an income. If you want to play progressive slotmachines, remember that you can give them a spin, but don't chase arainbow that is not guaranteed to win.
| Industry | Online casino |
|---|---|
| Founded | 2011 |
| Headquarters | |
| Products | Casino, Slots, Table games, Jackpots |
Number of employees | 100+ |
| Website | www.videoslots.com |
Videoslots is an online casino, founded in 2011 and headquartered in Malta. It is licensed by the Malta Gaming Authority,[1] Swedish Gambling Authority (Spelinspektionen),[2] the Gambling Commission of the United Kingdom,[3] and the Danish Gambling Authority (Spillemyndigheden).[4] Italian Gambling Authority (AAMS),[5]
History[edit]
Established in 2011 and based in Malta, Videoslots is an online casino with more than 4000 gaming slots. Alexander Stevendahl is the founder and chief executive officer.[6][7] In 2017, Videoslots purchased the technology assets of PKR.com, an online poker operator.[8]
In 2017, the company hosted its first annual awards, named the Videoslots Awards.[9] In 2018, they became an official partner of the Malta Handball Association.[10][11]
In 2018, Videoslots reached a settlement of £1 million in fines with the UK Gambling Commission (UKGC) regulatory authority for historical failings to “place effective safeguards” within their casino system.[12][13][14][15]
/GettyImages-109437238-1--58402d693df78c0230d3432d.jpg "Non Progressive Slot Machines")
Awards[edit]
| Year | Award | Awarded By | Ref |
|---|---|---|---|
| 2015 | Best Online Casino Award | Casinomeister | [16] |
| 2015 | Best Gaming Experience Award | Casinomeister | [17] |
| 2016 | Best Slots Operator Award | Gaming Intelligence Awards | [18] |
| 2017 | Gaming Intelligence HOT 50 CEOs | Gaming Intelligence Awards | [19] |
| 2017 | Compliance and Regulated Markets Idol of the Year | iGaming Idol | [20] |
| 2017 | Trusted Affiliate Award | GAFFG Awards | [21] |
| 2017 | Best Casino Award | Casinomeister | [22] |
| 2018 | Best Slots Operator Award | 11th International Gaming Awards | [23] |
| 2018 | Best Casino Award | Casinomeister | [24] |
| 2018 | Best Gaming Experience Award | Casinomeister | [25] |
| 2019 | Great Place to Work (Operator) | 12th International Gaming Awards | [26] |
| 2019 | Customer Service Idol of the Year | iGaming Idol | [27] |
| 2019 | Leader of the Year in Casino Operator | SBC Awards | [28] |
External links[edit]
Progressive Slot Machines Tips
References[edit]
- ^Malta Gaming Authorty - Dynamic Seal of Authorisation
- ^'Videoslots and SafeEnt take Swedish licence count to 18'. SBC News. 2018-12-04. Retrieved 2019-04-29.
- ^'Account details'. secure.gamblingcommission.gov.uk. Retrieved 2019-06-11.
- ^'Videoslots Ltd | Spillemyndigheden'. www.spillemyndigheden.dk. Retrieved 2019-12-24.
- ^'Online casino operator Videoslots.com has been given the green light to launch in Italy'. www.gamingintelligence.com. 2019-10-25. Retrieved 2019-04-29.
- ^'Alexander Stevendahl - Videoslots - Bringing PKR back to life'. SBC News. 2017-10-13. Retrieved 2019-05-04.
- ^'Feature: The art of thinking differently - Gaming Intelligence'. www.gamingintelligence.com. Retrieved 2019-05-04.
- ^'Videoslots CEO Discusses Acquisition of PKR's Technology Assets'. PokerTube. Retrieved 2019-05-04.
- ^Ltd, Allied Newspapers. 'First edition of Videoslots Awards'. Times of Malta. Retrieved 2019-05-04.
- ^'Videoslots partners with Malta Handball Association'. iGaming Business. 2018-02-01. Retrieved 2019-05-04.
- ^'Videoslots named official partner of Malta Handball Association - Gaming Intelligence'. www.gamingintelligence.com. Retrieved 2019-05-04.
- ^'Videoslots and Casumo fall foul of UK regulator'. iGaming Business. 2018-11-29. Retrieved 2019-05-04.
- ^'Online gambling firms fined £14m'. 2018-11-29. Retrieved 2019-05-04.
- ^'Gambling firms hit with multi-million pound fines as regulator cracks down on online casinos'. The Independent. 2018-11-29. Retrieved 2019-05-04.
- ^'UKGC has harsh words for gaming industry amid more regulatory action'. SBC News. 2018-11-29. Retrieved 2019-05-04.
- ^'Videoslots wins Casinomeister 'Best Online Casino of 2015' award'. SBC News. 2016-02-01. Retrieved 2019-05-04.
- ^'Videoslots wins Casinomeister 'Best Online Casino of 2015' award'. SBC News. 2016-02-01. Retrieved 2019-05-04.
- ^Ltd, Allied Newspapers. 'Online casino operator recognised at two award ceremonies in London'. Times of Malta. Retrieved 2019-05-04.
- ^'GI HOT 50 2017 – The Next Generation of CEOs - Gaming Intelligence'. www.gamingintelligence.com. Retrieved 2019-05-04.
- ^'iGaming Idol 2017: Recap & the winners'. CalvinAyre.com. 2017-09-28. Retrieved 2019-05-04.
- ^'Gaffg awards 2017 winners announced'. CalvinAyre.com. 2018-01-22. Retrieved 2019-05-04.
- ^'Best Casino: Videoslots | Meister Awards 2017'. Casinomeister. Retrieved 2019-05-04.
- ^Ltd, Allied Newspapers. 'Online casino operator recognised at two award ceremonies in London'. Times of Malta. Retrieved 2019-05-04.
- ^'Best Casino 2018: Videoslots & Trada | Meister Awards 2018'. Casinomeister. Retrieved 2019-05-04.
- ^'Best Gaming Experience: Videoslots | Meister Awards 2018'. Casinomeister. Retrieved 2019-05-04.
- ^'IGA Winners 2019'. Gaming Awards. 2019-01-18. Retrieved 2019-12-24.
- ^iGamingIdol. 'Winners 2016 - iGaming Idol'. iGamingIdol. Retrieved 2019-12-24.
- ^'SBC Awards Winners 2019'. SBC Events. Retrieved 2019-12-24.