Progressive Jackpots

Sun, 08 Jun 2008 19:23

Progressive Jackpots

Progressive slots and jackpots. Selection of Information.

Simply defined, a progressive jackpot is a feature of a gaming machine which increases the value of a small amount per game. Generally, a number of machines form a large progressive jackpot that rapidly doubles due to the contribution of a number of players. This feature makes it an irresistible lure to gaming folks who want to have a grand gambling payday - hitting a big amount on a jackpot and being assured of a lucrative lifetime. You may want to try out the game in the hope of becoming a Big Winner, but first, check the following things out:

1. Progressive jackpot meter
This shows how big the jackpot is already. Mostly, jackpots are won when you hit the combination that has the highest payoff. When the jackpot is won, it is reset to a minimum.

The jackpot's value increases a little every time on the linked machines. How much the jackpot grows depends on the casino. Say, a machine with a house edge of five percent, the jackpot contribution can be about one percent. The house is willing to chip in a part of a jackpot linked machine's earning due to the fact that players are lured by the varying progressive jackpots, the ever-increasing meter shown on big, attractive LED displays, and the huge jackpot which is an excellent motivation for other players to join.

2. Qualifying
When you are among those who place the maximum number of credits, you earn a slot to the jackpot. Every wager becomes part of the jackpot, making the progressive jackpot reach nearly-astronomical heights - a perfect lure for hesitant bettors. That should motivate you to try pushing your wager a little more.

3. Slot clubs
Majority of casinos feature slot clubs where you can take a part of your wagers back, chiefly through rebates. Participation in slot clubs slashes a progressive jackpot's break-even point due to the rebate values on wagers.

4. Types of progressive jackpot machines
The most common types of progressive jackpot machines include:

* The Stand Alone Progressive
This type is detached from other machines, takes a cut from the coins played, and combines it to the pot for the highest winning combination. It's meter displays the jackpot. The payback is oftentimes parallel to others, but its distribution is different, allowing for jackpot variation.

* In-House/Proprietary Progressives
This type of progressive is a group of linked machines under the casino management. These could be put in one casino or with several properties. The jackpots, although not as humongous as in other casinos, are quite substantial and hit much frequent than other Progressives that cover a bigger scope.

* Wide Area Progressive
These are connected from a number of casinos that are not related and are independently operated. The casino merely gets a share of the winnings, the operator possesses the game. The Jackpots can be as big as your chances of winning the Big One.

Progressive jackpots are not confined to slot machines and video poker. Poker games do offer one, like a progressive bad beat jackpot. Caribbean stud poker for example, has a progressive jackpot and there are online casinos with progressives like roulette, blackjack, and others.

5. Realities of the game
Although there is absolutely nothing wrong with trying your very best on slot machines with the hope of winning a jackpot that will change your life, you should not treat it as the center of your slot play. Remember to save a small part of your playing bankroll and utilize it in your quest to hit THE jackpot. Don’t waste all that you have in the pursuit of something that is practically a mere dream for many.

Of course, the name of the game is entertainment. Thus, you should see to it that you are not preoccupied with the winning per se, but with the thrills and indulgence that it has to offer.