Your two main objectives when playing at an online casino are having fun and making some money if you’re lucky enough. With that said, there is a big difference between winning a few hundred dollars and earning tens of thousands of dollars from a win. How do I do that you ask? Let us introduce you to what are known as progressive jackpots. You may have seen adverts at your favourite online casino about progressive jackpots as many advertise which they currently have and also the running totals of each particular progressive pot. How they work is quite simple and you can think of it as a separate game mode that’s tied into the online casino game you’re playing. Let’s take a look at the concept of the progressive jackpot and how it works.
The concept behind progressive jackpots
The concept of the progressive jackpot came originally from land based casinos. Casino operators needed a way to attract more players to their casinos so they devised a system of networked jackpots that pooled money from different games into one huge lump sum that could be won by anyone playing at those games while it was active. This brought about a mini revolution and soon land based casinos were bulging with players all trying to scoop a big life changing sum of money. With the arrival of online casinos this same concept was adopted for certain games, however the scope of the network was far greater than could ever be imagined previously.
How online progressive jackpots work
Online progressive jackpots can usually be found attached to online slot games although there are some also available for other games such as Caribbean Stud Poker. They work by taking a small percentage of each bet from a series of linked games and putting them into a much larger community prize pool which can be won by people playing at the games from which the prize pool is determined by. In land based casinos the pool was only ever as large as the number of available games at that one establishment. At online casinos the progressive jackpots span entire networks of online slot games, across all available online casinos worldwide so you can already imagine what type of rewards we’re talking about here. To be eligible to win the progressive jackpot you must play max bets. For example, each spin you make with a maximum wagering requirement on a linked online slot game is eligible to also hit the progressive jackpot as well as the games local jackpot.
Famous Progressive Jackpots
A great example of a famous progressive jackpot is Mega Moolah by the software giant Microgaming. In the mega moolah network there are four different online slot games which are linked. So when anyone plays one of these four online slot games worldwide, a small percentage of each of their bets go into the cumulative progressive jackpot. As you can imagine these jackpots reach well into the tens of millions of dollars regularly before they are won by one lucky individual. Each time they are won it resets itself at a starting balance of $1 million. Mega moolah is one of the most popular progressive jackpots of all time and is dubbed the ‘Millionaire Maker’ for very good reason.