Progressive Jackpots vs. Fixed Jackpots: What Are the Differences?

When it comes to online casinos, jackpots are something that players are most likely to come across and they are usually of two types: progressive jackpots and fixed jackpots. Both are fun to hit, but the way they work is quite different. Knowing their major differences will help people select the type that is most suitable for them.
What Is a Fixed Jackpot?
A fixed jackpot has a specific prize that does not increase or decrease with the number of players. The compensation remains the same each time someone wins it. These jackpots can be found in traditional slot machines and table games since the potential to win is fixed.
Features of Fixed Jackpots:
The amount of the prize is always fixed.
Less risky than the other two options as there are likely to be more small wins.
Ideal for those who want a steady flow of small wins.
What Is a Progressive Jackpot?
A progressive jackpot is the type that keeps on increasing with each passing day as more and more players wager their money. A part of the money from every bet goes into the jackpot and the amount keeps on increasing until it is finally clinched. They are available in slot machines, poker machines, and other casino games.
Features of Progressive Jackpot:
The prize keeps on increasing up to when it is finally won.
Has the potential of paying out huge amounts of money, sometimes enough to change one’s life.
Higher volatility – there are fewer big wins but they are very lucrative.
Which Jackpot Is Better?
It is therefore possible to state that a fixed jackpot and a progressive jackpot are two different kinds of jackpots. Fixed jackpots are more relaxed as they provide a round of games with certain wins while progressive jackpots are more exciting, given that they involve chasing a growing jackpot.
Both types enhance the fun of casino games, making every spin or bet a chance to hit a big jackpot!