Not many casino games can boast of being as rewarding as progressive jackpots. These games, especially the jackpot slots, are famous for turning ordinary bettors into millionaires. So, they’ve become a popular choice for players who want to test their luck and hit the big prize.
Even though these games are so popular, it’s unfortunate that their operations are a mystery to many players. Hence, this article will fill that information gap and explain how these games function in detail.
What are Progressive Jackpots?
In simple words, progressive jackpots are casino games that increase the total amount a player can win with each subsequent bet. Since the inception of this game type, it has been an attention-grabber. A lot of gambling fans were enamoured by the concept of winning big in one lucky event. The ever-increasing prize pool attracted even high rollers in the casino industry.
Most progressive jackpots today are not just focused on a single online casino. Instead, the software providers create a network that connects the same game at every casino. This way, the jackpot amount that’ll be realised in the end will be much more significant.
How Does It Work?
Progressive jackpot games do not play any differently than ordinary casino games. So, bettors can expect to play progressive jackpot slots, poker, and keno games like regular versions.
However, these progressive jackpot games differed from the ordinary ones in how the wagers were treated. When players place a wager on such games, a small percentage is taken away and placed in a pot. This ‘pot’ is the container that’ll house the jackpot amount.
When a player meets the terms stated for the jackpot and gets lucky, they’ll win the pot. However, there’s a catch: they don’t get to win everything. A small amount will be left in the pot after the lucky player is paid their winnings, and this is the seed.
The seed is the starting point of every progressive jackpot, ensuring the pot is never empty. After all, it would be embarrassing if a player won the jackpot and someone else did so in the next second. If there’s no seed, the second player to win the jackpot will discover that they won nothing.
Factors to Keep In Mind Regarding Progressive Jackpots
Although winning a progressive jackpot sounds like quite an exciting affair, there are some essential things that all players should know.
Rules for Winning
Jackpot games can be very innovative in the way they select their winners. So, bettors should never assume they know this without reading the instructions.
If it’s an online slot, the rules for winning might be to land specific symbols on the reels or trigger a bonus feature. For table games, this might be to win with typical card suits.
Threshold for Participating
All progressive jackpots come with a threshold from which they admit participants. This could be a minimum wager or a specific wager for side bets. Without meeting this starting requirement, the player would be playing the game usually and miss out on any chance of winning the jackpot.
Wins Are Not Paid Out Immediately
Most progressive jackpots are not run by the casinos but by software developers. So, when players win the jackpot, these developers will have to verify the authenticity of their claim. After that, the amount will be paid to the player’s casino account.
There’s No Sure Fire Win Strategy
Although these games are tempting, there’s no way to guarantee a win. These games are governed by a random number generator. In other words, nothing can influence their outcome, not even when the player bets more than the threshold amount.
Conclusion
Progressive jackpots are casino games that can potentially turn any player into an overnight sensation. The only effective strategy for winning such games is to meet their wagering requirement and other rules for winning jackpots. After that, the rest is left to lady luck.
