What is a Progressive Jackpot?
It’s a jackpot that increases as a result of a percentage of each bet. Progressive jackpots offer the highest jackpot than any other casino game. Why? This is because a progressive slot jackpot is linked in other words players playing the same slot game are beefing up the jackpot causing the jackpot’s total to increase very rapidly.
A number of progressive jackpot slots games are available at more than one internet casino; evidently it means that many players will be playing the same slot game, for this reason bigger and faster growing jackpots could be won. Now and then a lot of different slot games all contribute and qualify for the same progressive jackpot.
Progressive Jackpot slots fall into the following categories: Classic Slots, 5 Reel Slots, Bonus Games, Multi Pay Line and Multi Spin.
Progressive Jackpots are well-liked by players because the sight of the jackpot total increasing all the time is very exciting. In this section, we will deal only with machines that either carry independent Progressive Jackpots-usually displayed on an LED screen at the top of the machine and progressives linked across a bank or carousel. On these machines, the progressive Jackpot is only paid out when the maximum amount of coins are inserted. In other words in order for players to win the jackpot they must play the maximum amount of coins.
It stands to reason that the bigger the progressive jackpot, the fewer smaller amounts you’re likely to win, which tends to encourage a strategy of all-or-nothing. Either you will lose everything, or you will hit the jackpot and leave the casino a rich man or woman.
The following is a common question asked by slot players who play progressives regularly:
“Every time a Progressive Slots Jackpot is close to the base amount, it means there was a recent win and the next win is not likely to take place for some time.”
The first part of the sentence is correct: if you see a Progressive Jackpot close to its reset level (assuming of course that you know the reset level) then it has indeed paid the Progressive Jackpot recently. However, this no way affects the probability of the jackpot being won again, on the next spin, or in three years time. No wonder there are so many disappointed slots players. Not only are slots among the worst bets in the casino, but slot players are lulled into thinking that after the jackpot there won’t be another one hit for a long time. This is not true!