Progressive Jackpots on Online Casinos
Participating in a progressive jackpot can be a truly electrifying experience. The anticipation, the thrill and the excitement of this kind of game is unmatched. It is only with progressive jackpot games that you can literally start with pennies yet take home millions of pounds. The over €3 million progressive jackpot currently running at Europa casino is a case in point. If you are starting online gaming at casinos, then learning more about participating in these games is a good first step.
What is a Progressive Jackpot?
A progressive jackpot is simply a stash of money that keeps growing until a player wins it. As soon as the jackpot is won, the counter is reset and the jackpot starts growing from scratch again. You will find jackpots ranging from a few pennies to millions depending on how recently it has been won, what software is being used and on what game it is being offered.
Software and Progressive Jackpots
All top of the line casinos avail the services one of the many top rated software companies like Realtime Gaming, Microgaming, Vegas Technology and few others to run their gaming platforms. Generally, the games that run on the same software but at different casinos are networked for the purpose of the progressive jackpot. So, if you are playing a progressive game that runs on Microgaming software, you can win a jackpot that gets added to, whenever someone plays the same game at any other Microgaming casino too. This means that the jackpot can really grow to spectacular amounts.
When do you Win the Jackpot?
The progressive jackpot may come with different winning conditions. For example, a combination of the same symbol across all reels may win you the jackpot in a progressive slot jackpot. Crazy Vegas has a random progressive jackpot attached to it and instead of a specific condition that needs to be fulfilled, this jackpot can be hit at random any time, by anyone. One good winning strategy to keep in mind is to sign up with a casino like Circus casino where big jackpots are won on a regular basis.
How do Casinos Afford the Multi-Million Pound Jackpots?
New players are usually astounded at the kind of money that they can potentially win through progressive jackpots. The sheer size of the jackpot makes one hesitate to believe that the casino will actually be able to make good on its word and pay the winner in full.
The massive jackpots can be managed by casinos because the pay out is made up of additions from a network of machines. The cost of running the progressive jackpot as well as the actual pay out is shared by all the casinos that participate in it. For example, if you win the Microgaming Mega Moolah, your winnings come from all participating casinos like Cabaret, Euro Palace, Casino Splendido and many others. This is how casinos can afford to run such jackpots and also honour their commitments to winners.
Signing up with a reputed, well-known and ethical casino that uses popular gaming software is a good way to ensure that you get the largest possible progressive jackpots. If you do win, your payback is guaranteed when you play at such reputed casinos.