Progressive Slot [Meaning] - MasterTerms.com

Progressive Slot

A progressive slot is a type of slot machine where the jackpot increases every time the game is played but the jackpot is not won.

In a progressive slot, a small percentage of each player’s bet is added to a cumulative jackpot pool, which continues to grow until a player hits the winning combination. These slots can be standalone or part of a network of machines, which allows the jackpot to grow even faster. The appeal of progressive slots is the possibility of winning large sums, often much higher than regular slot machines.

Progressive Slot Example

For example, a player might be playing a progressive slot machine with a current jackpot of $1 million. Each time the player spins the reels, a portion of their bet contributes to increasing that jackpot until someone eventually wins the prize.