You have heard of the term a progressive jackpot but you are unsure about how it works? Luckily you’re in the right place, as this guide explains what a casino progressive jackpot is and how it works.
In simple terms, a progressive jackpot gives players the opportunity to win a large sum of money. To be in with a good chance of winning a progressive jackpot, you will need to understand how it works and how you might be able to win.
Progressive jackpots are funded by a small amount of each bet a player makes. The rest of their bet gets put on the game they are playing. Consequently, each time a players makes a bet and plays a game, the jackpot gets bigger and more enticing. However, you can only win the maximum amount of a progressive jackpot if you bet on the maximum amount.
Once some lucky player wins the progressive jackpot, the pot goes back to the beginning and gradually starts to build up again.
A network of progressive jackpots
The most lucrative amount of money in progressive jackpots are those that are linked to networks. With networks, instead of players of a certain game pumping money into the pot, those playing a whole host of games in a casino help fund the pot. Even those playing games in others casinos can be putting a percentage of their money into this huge network of progressive jackpots.
It stands to reason that with such a wide amount of people dumping money into one collective pot, the jackpot not only grows much quicker but it grows much bigger as well!
What games can you win progressive jackpot?
Progressive jackpots are most typically linked to slot machines. Though, with such a vast amount of slot machine games at your disposal, players certainly have their fair share of choice when it comes to finding a slot machine they love playing, giving them the chance of winning the jackpot.
So how much could you possibly win?
Well let’s just say, life-changing amounts. Whilst the worth of a progressive jackpot varies significantly from casino to casino and from game to game, they can easily reach five or even six-figure sums! The amount the progressive jackpot is worth is usually put on display on the slot machine’s screen at the top.
So now the million dollar question – How do you win a progressive jackpot?
Well if we knew the answer to that, we’d all be millionaires! In order to win, players have to match a combination of symbols that equates to the jackpot. However, having said this, random combinations are growing in popularity, whereby the jackpot is won by a player at random, as opposed to them having to match a row of symbols. In this instance, players do not know how they can possibly win or when they might win the jackpot, providing them with even greater ammunition to keep playing, in the hope that their turn will come to hit the jackpot.