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      News

      Games Global Celebrates Its Biggest Jackpot Of 2024 As Player Lands $12.5 Million On WowPot Slot

      An online slot player hit an eight-figure jackpot playing the Wolf Blaze WowPot! Megaways progressive slot this week.

      erik gibbs

      By Erik Gibbs

      Last updated: September 9, 2024

      2 min

      WowPot slots

      Games Global, a top online gaming supplier, is celebrating another life-changing win for one lucky slots player. This week, a player on Coolbet triggered the WowPot progressive jackpot on the popular Wolf Blaze WowPot! Megaways slot, walking away with a $12.5 million windfall.

      Coolbet is a regulated operator in Ontario and elsewhere, but does not operate legally in any state in the U.S.

      This payout marks the biggest jackpot win of the year so far for Games Global. It comes hot on the heels of another multimillion-dollar payout in May, where a player struck it rich on Absolootly Mad Mega Moolah.

      In January of this year, another player secured a $4 million jackpot on the Wolf Blaze WowPot! Megaways slot.

      Since its release in April 2023, Wolf Blaze has become a player favorite, having already paid out over $30 million in total jackpots, according to Games Global. This rapid accumulation of wins — which the supplier says amounts to one every 94 seconds — underscores the slot game’s appeal.

      Beyond the recent jackpot win, Wolf Blaze offers more opportunities for players to grab a piece of the pie. The game is currently part of Games Global’s Cash Splash network promotion, which promises a deluge of prizes, with 5,000 cash drops and weekly leaderboard prizes up for grabs. Players across 26 progressive jackpot titles, including Wolf Blaze, have the chance to win a share of a $550,000 prize pool spread over a four-week period.

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      Games Global’s progressive jackpot network, encompassing both the WowPot! and Mega Moolah! brands, is renowned for the size of its jackpots. In December 2023, the WowPot! network saw a player take home $48.9 million, the network’s largest jackpot ever.

      Understanding progressives and RTP

      While the allure of a life-changing win on a progressive jackpot slot is undeniable, it’s important to understand the trade-off involved. Compared to other slots, progressive jackpots typically offer lower return to player (RTP) percentages due to a portion of every wager being added to the ever-growing prize pool.

      Generally, non-progressive online slots offer RTPs ranging from 92% to 98%. This means, over a long period of playing time, the game is statistically programmed to return that percentage of all wagers back to players in the form of wins. However, progressive jackpots often dip below this range, sometimes falling into the low- to mid-80s.

      For example, a popular progressive jackpot slot like Mega Moolah can have an RTP of around 88%. This translates to a higher house edge, meaning the casino keeps a larger portion of the money wagered on the game.

      In contrast, the base game for BetMGM’s MGM Grand Millions has an RTP of 91.81%, with an additional jackpot contribution of 3.004%. This means that for every $100 wagered, approximately $91.81 is returned to players in the long run, not accounting for the jackpot contribution.

      Wolf Blaze comes in with an RTP lower than both of those. It’s only 86.93%.

      The risk-reward balance

      The RTP, one of several factors iGaming operators consider when marketing their games, is calculated over millions of spins, and individual gaming sessions can see wide variations from this statistical average.

      Players looking for higher RTPs should consider progressive slots with rates around 95% or above, which tend to pay out more frequently, albeit with smaller amounts. Conversely, slots with RTPs in the low 90s may offer larger jackpots but pay out less often.

      Some popular progressive slots include 88 Fortunes, Divine Fortune, and Mercy of the Gods, each with varying RTPs and jackpot structures. For instance, Divine Fortune by NetEnt is known for its high RTP (96.59%) and frequent payouts of the minor and major jackpots, in addition to the progressive mega jackpot.

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