Tag: Progressive Jackpots
What is a Progressive Jackpot?
If you are interested in online gambling, you must have heard a lot about progressive jackpots. While they are definitely fun to play, they are even better to win.
What makes a progressive jackpot stand out is the fact that its value keeps on increasing as the players continue to play the game. A progressive jackpot can be played on various slot and video poker machines. Once you have won a progressive jackpot, the jackpot for the next play will change to a set amount and you will have to start again.
What is the Progressive Jackpot Meter?
The amount by which the jackpot increases is known as the progressive jackpot meter. It is determined by the casino. In a machine where the edge is set to five percent, the jackpot contribution will be one-fifth of the profit that you are expecting.
When Do You Qualify To Play Progressive Jackpot?
The players who wish to take part in the progressive jackpot have to first contribute to the jackpot (usually those who contribute the maximum number of credits get to play). Now, this results in a game which usually requires a 10 credit wager to qualify to progressive and when such wagers are involved, the progressive jackpot levels rise significantly.
Once you have qualified, you can win the progressive jackpot if there is a combination of the highest payoff which includes five of the valuable symbols on the slot machine-like lemons, cherries or alligators or if you are playing video poker, then a royal flush will seal the deal.
More often than not, when it comes to a progressive jackpot, several machines are linked together so that the jackpot increases really fast, especially because more machines means there will be several non-winning plays that boost the profit.
Progressive Jackpot Games
Thankfully, progressive jackpot games are not limited to video poker and slot games. There are various online casinos like roulette, blackjack, and others which provide progressive jackpots. Add to these, a lot of lotteries also provide progressive jackpots for the gamblers to indulge in.