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Progressive jackpot is a popular feature of many online casinos, large (and always increasing) amount of money that any player can win online. Chances of striking it rich depends on the size of the paypout, and tend to be quite low anyway, however, thousands of players are still risking their capital online, trying to win it.
What is a progressive jackpot? Progressive or cumulative jackpot is directly connected to the gaming machines, and it’s the highest prize available on these. The game played could be anything, from a simple one-armed bandit to the most complex ones, like Video Poker: main conditions are for machines to be connected and form a single network. Each bet that is made online, increases progressive jackpot in a casino, which has a network of game machines. As the network can have many game machines in it, the size of progressive jackpot can increase every minute and can sometimes reach astronomical values. So, if the software is made by Microgaming, the size of such progressive jackpot will go over the record-breaking five million dollars. The chances to win it, though, are 1 in 49,836,032. Normally the casino takes a cut from all the bets to raise payout for a jackpot, and sometimes it can reach 10 percent of bets from a player. The sum of the constantly growing progressive jackpot could be seen on each of the networked gaming machines in real time.
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Getting Jackpot online
Chances to roll a jackpot on slot machines online are very low and depend on size of jackpot: the higher it is, the lower the chances to win it. In order to win big, the largest winning combination needs to be rolled. And if you are playing on the classical five reel machine, you have to roll a winning symbol (which is normally one per reel) on all five of them so that you could win a jackpot. To win the jackpot in Video Poker, you need to assemble the best combination available in this game, which is called the Royal Flush.
To even compete for the progressive jackpot, you would need to do a lot more, and playing with minimal bets on a slot machine is just not enough. The player that is trying to win the jackpot needs to spend a lot and play with maximum bet sizes, as by the rules of many online casinos, only the players that play with maximum size of the coins (normally five) can win the jackpot.
If you are seriously considering going for the jackpot in online casinos, first of all select the fruit machines with the smallest jackpots. Chances to win are smaller if the jackpot is large. And, secondly, don’t forget that it is easier to win a jackpot in Video Poker.
What is the advantage of Video Poker for those going for a huge jackpot? The player can select the optimal game strategy and hence determine the odds of winning. You can’t predict odds for fruit machines as you can't calculate these without extra information. To estimate for the odds of winning progressive jackpots in online casino on slot machines, you need the number of symbols on each reel, and also the total number of reels in the machine.
