According to numerous surveys among gambling adherents, slot machines still hold the title of the main gamblers’ attraction. The crowds of gamblers tend to make their choice in favor of progressive jackpot-ready slots, the most exciting and profitable entertainers from the players’ point of reference. These machines provide a nice opportunity to win the progressive jackpot, which is oftentimes represented by a seven figures winning. To date, a decent online casino will not only offer slots with progressive jackpots, but also progressive jackpot-ready roulette or blackjack.
Progressive jackpot (progressively growing jackpot is a more exact title) is the sum of the prize fund in a separate game (or series of games), which is constantly increasing basing on the income received from all the players. At the same time, there could be only one progressive jackpot winner, despite the fact that it is formed due to the effort of the entire gambling community.
Doubtlessly, a progressive jackpot is a Holy Grail for any gambler. It keeps on growing, even if you do not play the game and its amount will continue to increase as other gamblers spend more and more. However, in order to really compete for the jackpot, it is desirable to risk and bet considerable amounts of money. However, gambling folklore is full of stories where the largest prizes go to newcomers betting funny money.
This jackpot will keep on growing
The principle of operation of slots and other games with progressive jackpots in an average online casino is very similar to the implementation of this functional in brick and mortar gambling establishments, as well as various offline lotteries and bingo. To make it easier to understand, let’s study the popular slot MajorMillions by a renowned company Microgaming.
The developer provides numerous casinos with its software various virtual casinos (e.g., SpinPalaceCasino or Betway, this software is used by 100+ casinos, and the number keeps on growing). Each of these casinos, when MajorMillions slot is played for real money, deducts a certain percentage to the total progressive jackpot pot. This bank will be the same for all the casinos; thus, the chances to hit the jackpot from any casino are equal. Typically, you can see the amount of the jackpot at the game page increasing in real time.
So is it really possible to win a jackpot?
Progressive jackpot is not only packed in Microgaming products casino, dozens of successful gambling software developers, e.g. Playtech, NetEnt, Bossmedia and Cryptologici take advantage of granting a chance to win crazy money to everyone. However, beginners are typically skeptical about the possibility of winning a really large amount in a virtual gambling establishment, sincerely believing that the big wins are the prerogative of brick and mortar casinos only. Nevertheless, this is nothing but a delusion. For example, in January 2013, a forty years player from Finland won a progressive jackpot on a slot machine MegaFortune accommodated at one of the casinos based on the NetEnt platform. The lucky one managed to earn 17,861,813 euros! Well, two years earlier, the same slot brought a prize in the amount of 11.7 million euros to another lucky one from Sweden! Winning the progressive jackpot is quite real, just don’t give up and do not lose hope.