How do progressive Jackpots work?
Progressive jackpots are certainly the best choice for any player looking for something life-changing. There are many progressive jackpot casino games for you to strike gold on. So, whether you enjoy slots, poker, or roulette, there is a progressive jackpot waiting for you.
Before we continue, let’s take a look at how these jackpots accumulate to millions of dollars.
Simply, these casino games increase each time a player places a wager on them. A small percentage of each wager is contributed towards the jackpot. When the jackpot is won, the jackpot will automatically reset for the next spin to a pre-determined amount. In essence, the jackpot amount will keep growing at a rapid pace with each wager placed on it. In some cases, these jackpots can be linked, which means the jackpots will be even greater. This is because they are more likely to grow at a much more rapid pace.
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Progressive Jackpot History
Progressive jackpot casino games are more common among slot machines. However, there are some table games that carry a progressive jackpot. Such jackpots have really boomed over the last decade or two. These games are based on the original classics that were invented over a century ago. These traditional casino games provided a huge amount of fun and great rewards. For instance, the first slot machine, the Liberty Bell, was invented by Charles Fey and rewarded players in the form of chewing gum and other small novelties. The slots then moved towards other novelties, before progressive to real money rewards. Another contributing factor to the overall popularity of slot machines was the advancements these casinos games were undergoing. In the 1980’s they made their first real breakthrough with the establishment of the first video slot. Here the reels were replaced by computer screens and players no longer required assistance. This was the first step towards progressive jackpots. Developers began experimenting with the video slot machines, trying to figure out how to link them machines together to introduce the first form of a progressive jackpot.
Progressive jackpots today are remarkable and certainly add an extra exhilarating thrill to the average player. This can be thanks to technological developments and the Internet, which provide unlimited freedom to linking multiple machines together.
Types of Progressive Jackpots
There are many different types of progressive jackpots which all follow the same principle, but differ slightly. Some of these jackpots increase more rapidly than others. Let’s take a look the three main different types of progressive jackpots and what make them so unique.
- Stand Alone: These are progressive jackpots are not linked to any other machines. They also feature a progressive jackpot, with a small percentage of each wager contributed to that jackpot. The jackpot amount is generally displayed on the side of the slot machine reels, so players will be well aware of what is at stake.
- In-House Jackpots: This is a group of slot machines that are connected together to form part one jackpot. These slot machines are connected within a single casino. The jackpot amounts here do not reach millions of However, they do still carry a substantial payout value.
- Networked Progressive Jackpots: These are slot machines that are linked from various online casinos. For example; the same slot machine across some different casinos will be linked together to form one jackpot amount. This jackpot has the potential to reach millions of dollars and will change your life forever, should you be fortunate enough to hit it big!
Progressive Jackpot Tips and Tricks
Progressive jackpots have the potential to fulfil your big dreams. However, the odds of winning such an abundance of money are fairly small. To help you be one step closer to reaching your dreams, we have come up with some helpful tips and tricks for you.
- Set-Budget: It can be easy to become consumed in your slot game. This could lead you to potentially forgetting how much you are spending. We highly recommend you set yourself a budget, so you don’t find yourself eating into your rental funds.
- Auto-Play: Make use of the auto play function whenever you possibly can. This will help increase your chances at winning frequent small jackpots. These small stakes can then be used with the aim of achieving the big one.
- Maximum Bet: Place the maximum wager whenever possible. This is because a progressive jackpot can only be claimed when the maximum wager has been placed.
- Always try a play a progressive jackpot that suits your budget and style. This helps you from running into any issues.