Progressive jackpot games are hugely popular because of their great potential to give players life-changing wins. Many a US gambler has won tens of thousands of dollars in progressive jackpots and sometimes even millions. In a progressive jackpot the prize pool is generated by the wagers player’s place.
Each time the jackpot is not won the jackpot increases. The probability of landing the big win is what keeps players hooked on progressive jackpots. The best online slots casinos have a variety of progressive games for players to enjoy which range from slots to classic card games.
A progressive jackpot slot is a game that gathers its prize pool from the bets of other players. Every time the slot game is played the jackpot prize increases. The casino also contributes the bae amount of the jackpot known as a seed amount. The amount by which the jackpot increases is predetermined.
Progressive Jackpot Casino Games
Progressive jackpot exists in a number of different games, although the most popular are the progressive slots. Recently table game progressive variants have got more popular. Many online casinos have been adding progressive versions of classic casino table games like poker to their offering. The skill element in poker means that players can actually strategize a successful method of play in order to win such a progressive jackpot.
Top 3 Progressive Jackpot Slots
Below are few progressive slot titles from popular US casino software providers.
Caesar’s Empire – This RTG slot has a random progressive jackpot. Our review of this slot explores the various gameplay and features in the game
The True Sheriff – Betsoft goes deep into the Wild West in The True Sheriff and gets players the gold in major ways including a progressive feature
Major Moolah – Rival Gaming aptly names this big-money progressive jackpot slot. Players have a chance to win staggering real money prizes.
Are Progressive Slots Worth It?
Progressive jackpots are alluring because of their huge potential. However, as with anything with a high reward, there are high risks involved. The odds of winning a jackpot are very low however when you do win it’s immense. The top three biggest questions that come from people who are interested in playing in a progressive jackpot game:
How often do progressive jackpots hit?
How do you win a progressive jackpot?
How are progressive jackpots paid out?
How Often Do Progressive Jackpots Hit?
Statistically speaking the odds of winning a major jackpot can be slim. However, since there are millions of other people playing the slot or whatever progressive casino game your chances are better. If the odds of winning a progressive game are 1 in a million for instance that can seem quite daunting. However, this figure needs to be put into perspective. There is an estimated 1.6 billion Americans who gamble throughout the year. This means that on average over 4 million people gamble per day. So, any given day that if those 4 million people are playing a progressive game 4 players have a chance of winning the jackpot.
How Do You Win A Progressive Jackpot?
Most Progressive jackpot games are slots. Slots are as a rule games of pure chance, therefore there is no way to control how a progressive jackpot plays out. Slots operate on a RNG (Random Number Generator) to determine wins. Same applies with progressive jackpot slots; they have an RNG installed, to determine the wins. Even though there is no set formula to win progressive games, there are a few strategies to help you get the most out of progressive games.
Keeping track of your casino budget will help you play longer and increases the chances of winning.
Playing the maximum bet will also give players a better turn over when they do eventually win.
Knowing when to stop will help you preserve your bankroll, in turn preserving your casino budget means you get to play more. And the more you play the higher your probabilities of winning.
How Are Progressive Jackpots Paid Out?
As we have mentioned before the prize pool in progressive games is created by the collective wagers of the different players. The casino also adds a minimum amount which is augmented by the players wagers. For each round of playing the casino displays the current prize pool. Each time that the jackpot is not won the jackpot prize increases. In the event that a player wins the jackpot the pool is reset to the minimum amount. The minimum jackpot amount is the base amount contributed by the casino towards the progressive jackpot prize.