What are Progressive Jackpots?

Cash in with the biggest jackpots of all!

Whether you love playing online casino games or are new to this pastime, you may have heard of the term progressive jackpots. These are basically jackpots that can be found in gaming machines like slots or blackjack, or video poker.

They are called progressive jackpots because of the fact that the jackpot keeps increasing by a given amount of money whenever somebody plays and does not win. If for example the jackpot is $1,000 and someone plays but loses, the amount will increase. Most casinos link multiple machines in order to allow a large number of people to play at the same time. This rapidly increases the size of the overall jackpot.

What You Should Know About Progressive Jackpots

Qualifying – In order to qualify for the jackpot, a player normally has to wager the maximum allowable credits. Other wagers contribute to the jackpot but can never really win the player the main prize.

Break-Even Point – A progressive jackpot will normally go on and reach a point where the machine has a positive expectation for the player. This means the player stands a better chance of winning when compared to the house edge.

Advantage Play – This refers to playing the jackpot when the odds are in favour of the player. While it may seem the best time to play, the truth is that at this point the house makes quite a profit if players do not hit the jackpot.

It is always a good idea to keep an open mind when playing casino games because you may win or lose. Having a strategy for gaming is the best way to have fun with casino games and possibly win big.