April 9th, 2009
With amazing single payouts in excess of 4 million dollars, the reputation of online progressive jackpot games doesn't really need an introduction. However, check out the thrill of jackpot machines, their payout might and a few tips for 'potential' success………
The progressive jackpot gaming sensation
It's pretty obvious that with odds over 1 million spins to one, there's no way that everyone can win a progressive jackpot (although everyone does have a real chance with every spin of course!). So – what are the other attractions of playing progressive jackpot machines? Well, fundamentally the very concept of knowing there are millions in the prize pool can be pretty exciting, with a split second potentially being the difference between zero and payout heaven. What's more, progressive jackpot games also pay out at low level like regular slot machines, feature very rich themes and interactivity, and offer fantastic value entertainment on a potentially low budget.
How big can they get?
The record online progressive jackpots have soared past several million dollars – with many hitting three or four million dollars. 2008 saw more 1 million plus rewards than ever before, thanks to a record number of online casino gamers. The amazing thing is that as the web grows even bigger and becomes truly global, the jackpot levels are predicted to get even bigger and faster building. Taking a quick visit to the big online casinos can quickly reveal their jackpot potential, with real-time progressive jackpot funds building before your eyes in real-time.
What does winning the big one feel like?
Many progressive jackpot slot and game winners have been interviewed after striking wins in excess of 100,000.00, or even multi-million pay outs. Most gamers are initially struck by awe and describe how they literally thought their wins must be a joke or an error on the game! I mean just image it – you place a few jackpot spins in the knowledge that the progressive jackpot is 1 million plus; you then click 'spin' as per normal and the pay lines stops dead and flash with 5 x Jackpot 777 icons! Most gamers then hit a panic situation – have they really won 1 million? Then, after clicking collect the confirmation is complete and the silence and open mouth is replaced by total joy and crazy screams of delight. Most gamers then spend the next 24 hours trying to take it all in!
Progressive jackpot tips
Everyone would love to win millions – unfortunately with no real skill involved in the games, it's all down to luck and fate. However, some jackpot logic will put you on the right track (you just need to add luck!)…..
> Jackpot gaming is based on luck – so play with a sensible leisure bank
> Spin with 1-2% of your budget per spin
> Play regularly – you never know where the luck is!
> Never use silly stakes – play consistently with the same bet value
> Max out the coin number to trigger all the pay lines and jackpot chance (adjust your coin size to keep the stakes within your budget).
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Tags: jackpot games, jackpot machines, progressive jackpot
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April 8th, 2009
Online Casino progressive jackpots reach record breaking levels in 2008, and in 2009 they haven't been affected by the credit crunch one little bit! However, how do they get so huge, so fast – and what are the chances of winning?
Progressive jackpot building
Let's imagine that our fictional 'Lucky Magic Progressive Jackpot' has just launched on the Internet, at five online casinos. Now, in casino 1, 10 gamers start playing with 100 spins each at 0.10; the machine takes an average of 1.00 from each gamer, and 50% of the machine's profit goes into the progressive jackpot fund:
That's 1.00 x 10.00 x 0.5 = 5.00 in to the progressive jackpot bank
Now, let's assume that exactly the same thing happens at the other 4 jackpot casinos, leaving us with a jackpot pool of 5 x 5.00 = 25.00.
Now, if we imagine that over the period of a few day the popularity of the progressive jackpot game grows exponentially, so that 1000 gamers are each putting 0.50 into the jackpot fund, you can see how the progressive jackpot can explode:
1000 x 1.00 x 0.5 = 500 per casino (2500.00 jackpot fund).
Of course, if you were to have 50,000 gamers each putting in 0.50 to the jackpot pool, the size of the win fund would rise by a huge 25,000.00 per day, and 175,000.00 per week, and 1.75 million within a month!
This is essentially why progressive online jackpots frequently reach values over 100,000.00 – and often over 1 million. What's more, the best online casinos often use the same jackpot gaming software and games – meaning that each jackpot machine is played by thousands of gamers, taking millions of spins per week. This leverage effect is the most powerful jackpot building concept in existence, and it's why games powered by Microgaming, Playtech and other quality online casino software companies are so cool.
The progressive jackpot chance
Winning a progressive jackpot over £1 million is estimated to have similar odds to winning the lottery, so you do indeed need some serious luck. However, there are potential advantages when it comes to jackpot games compared to lottos:
> Play hundreds of jackpot spins per session
> Spin with small stakes for great value
> First rate intrinsic slot machine entertainment
> Low level payouts and 90% average pay back levels
The best tips for making sure you play smart when playing progressive jackpots are very simple, but nonetheless well worth remembering:
> Set a leisure budget for your jackpot gaming sessions and per week and month
> Activating every pay line gives you more chances to win
> Use a low enough spin value to allow hundreds of jackpot spins
> Play for fun and never chase losses – game with level stakes
> Cross your fingers!
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