Progressive jackpots are the term given to the funds which have been accumulated on an online casino over a period of time. Money joins the ‘pool’ each time a player makes a bet on a certain slots machine or at a specific table. People who are lucky enough to win a progressive jackpot do so by obtaining a specific sequence, like a row of five bars or a royal flush. The amount of money accumulated in a progressive jackpot ranges from anything like several thousands of pounds up to a highly lucrative million pounds.
There is a number of different kinds of progressive jackpots. Some jackpots are confined to a specific casino site and even to an individual game. Others, typically the larger jackpots, are linked to a number of online casinos, which are operated by the same software. In slots, for example, the progressive jackpot is part of the percentage of pay-outs generated on the games. For example, fewer pay-outs are made but when they are made they are usually pretty big, with players taking home extremely sought-after cash prizes.
It is not uncommon for the jackpots offered on table games to be part of a side bet. These are typically smaller pay-outs compared to the ones players can win on slots. They usually include players giving an additional fee for the chance to win the main progressive jackpot. From a house edge’s point of view, such side bets are not great but it terms of getting entertainment for your money, aided by the fact you also have the opportunity to hit the ‘life-changing’ jackpot, these types of bets can be pretty thrilling to make. The types of casino games commonly associated with progressive jackpots, which give players the chance to win huge sums of money include Blackjack, Slots, Caribbean Stud and Poker.