At the moment, the progressive jackpot is one of the most attractive offers and is offered by most of the top casinos on the web. This is a very large prize pool that is constantly increasing, which is why it is highly sought after by casino players all over the world.
What are progressive jackpots and how they work
Despite hearing so much about it lately, not all gamblers on the net know what Progressive Jackpots are. In short, a progressive jackpot is a prize pool that gradually increases thanks to the users’ play. This prize pool can be won by anyone as long as predetermined requirements are met. The amount of the prize pool is reached thanks to the best of all bettors, who by adding a small percentage to each bet, increase the sum, thus making the jackpot “progress”.
In order to take home the rich prize pool offered by slot machines, it is usually necessary to make the maximum bet allowed. Investing a different amount, even if you hit the right combination, could result in you losing the huge jackpots. Most of the time, the announcement of the jackpot winner is communicated via a message addressed to all users who are playing at that precise moment. Casino managers assure that it has never and will never happen that two players win the prize pool at the same time. The software of online casinos, in fact, record every bet to the millisecond and in the event that two wins occur within a few moments, only the first player will be able to take home the substantial progressive jackpot in real money, while the second will be entitled to the minimum amount guaranteed by the gaming site. This amount is up for grabs after the jackpot is drawn, so as not to leave players who take over afterwards left empty-handed.
Some of the top slots with progressive jackpots allow you to unlock only a part of the prize pool, a bit like the slots of land-based gambling halls, which grant lower prizes following certain combinations of symbols. Even to unlock the partial jackpots you need a bet with the maximum amount allowed, otherwise you risk running out of luck despite the win.
How to take home the progressive jackpot of online casinos
The chances of taking home the progressive jackpot offered to slot machines are very minimal and usually depend on the size of the prize pool. In general, the larger the jackpot, the lower the odds of winning. In addition, the prerequisite for being able to win the prize pool at slots is to be able to obtain the most difficult combination. Let’s take a practical example: if we bet real money on a five-reel slot machine, in order to win the prize pool, we must hope that five identical symbols appear which, usually, come out only once on each reel. As mentioned above, in order to win the progressive jackpot it is not enough to make minimum bets on any slot machine.