Progressive Jackpots – How They Work?
Out of the entire games library, you will find that certain online casino games have progressive jackpots. The ‘pot’ in the jackpot is money collected from the bets placed individually by the players and a contribution by the hosting casino. As more players bet on these games and lose, you will see this collection grow. When a lucky player hits the jackpot, a specific portion of the jackpot, usually a percentage is given to the winner.
Progressive Jackpot Games
Slots games are the most common category of games that constitute progressive jackpots. While the winning combination is random, you should be betting the maximum number of coins to play progressive. Some of the biggest progressive slot games are Mega Moolah, Hall of Gods Mega, Beach Life, Cleopatra’s Chest, Spamalot Holy Grail, Monster Slot, Bingo Madness and Arabian Nights.
Often overlooked are progressive jackpots on Table games and Video poker. The pools for these games are typically smaller, because the majority of online casino players bet on slot games. To win, you must have the best hand and you should place the additional side bet required to be activate the progressive jackpot.
Forms of Progressive Jackpots
Based on the source of the money that constitutes the pool in the jackpot, the following are three categories most jackpots will fall under:
- Basic Stand Alone Progressive Jackpot. This progressive is made of the bets placed by players’ and is not connected to other jackpots. Due to its nature, it is usually small.
- In- house or Property Progressive Jackpot. The gaming software provider links several games to a single progressive jackpot in this case. If an online casino operator has several brands of online casinos under one umbrella, the progressive jackpot could be linked across these set of casinos as well. The pool in this form of progressive jackpots is meaty; however, it too is not life changing. As the player pool is still somewhat restricted, such progressive jackpots are won quite frequently and you will usually see a recent winner proudly displayed on the online casino’s home page.
- Wide Area Progressive Jackpot. Thisprogressive jackpot spans across games, related and unrelated casinos. The pool in this category is in the millions of dollars and grows at the fastest pace. Though the winnings can be life changing, it is very difficult to hit. Microgaming and Playtech casinos are usually the ones with the fattest pools. Such progressives are won very rarely and to tell you the truth, it’s better to place your bets on In-house progressives, which offer a better chance at winning, albeit a smaller pool!
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