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Progressive Jackpots — All You Need To Know

Posted on March 23, 2020 | Comments Off on Progressive Jackpots — All You Need To Know

Last time, we talked about some of the slots made by Real Time Gaming that offer progressive jackpots. If you don’t have experience playing such games, here’s a short introduction to how progressive jackpots work and how you can get the most out of them.

Essentially, a progressive jackpot is a type of jackpot that isn’t fixed. The amount of money that players can win is progressively increasing as time goes by.

For example, a progressive jackpot can be $2,150 one day, and $3,300 the very next day.

Paid By The Players

The way they work is that players pay for those jackpots. How so?

Let’s take online video slots, for example. Whenever you make a bet, you’re giving your money to the operator. Every slot has a determined RTP (return to player), which states how much money players get in prizes from the total amount they deposit via betting.

In an ideal scenario for a slot that has the RTP of 95%, players would get $95 for every $100 they deposit. Of course, the lucky ones would get much more than that, and the ones with no luck would lose their money.

One thing is certain — 95% is returned via prizes.

Now, the reason why this is important is that progressive jackpots in USA online casinos work pretty much the same. Many of them are offering slots and other games that have progressive jackpots.

When you make a bet, a slight portion of that bet will go to the progressive jackpot. Now imagine thousands of players playing a popular slot — they are all contributing to the jackpot with every spin they make.

In other words, they pump the jackpot until someone wins it. But what happens then?

Back To Start

After a progressive jackpot is won, the amount resets to its default value. For example, in popular games, that value can go as high as a couple of thousand dollars. In other words, the jackpot will not reset back to zero but will start going up from its starting value.

Some progressive jackpots are more difficult to earn, and some are not. That’s why some slots offer up to three progressives — minor, major, and grand.

If you’re interested in playing games that offer progressive jackpots, make sure to check our list of USA casino reviews. We made a list with some of the most popular online platforms that feature popular casino games. Some of them also come with progressive jackpots.

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