Progressive Jackpots Guide – How They Work

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Progressive Jackpots Guide – How They Work

It’s no secret that progressive jackpots have revolutionized how we define winning big. Before their inception the only Canadians who were lucky enough to win millions were playing the lottery. All that changed with the introduction of progressive jackpots. With the release of digital slot machines & online casinos popping up all over the internet, progressive jackpots came at the perfect time. They offer us jackpots that are so enticing that the entire industry has flourished because of their notoriety. Now we have a huge variety of options to play for million dollar payouts.

Why Progressive Jackpots Took the Industry by Storm

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There are countless games that give you a chance to stike it rich!

Progressive jackpots vary greatly from normal jackpots. Instead of being a fixed payout, the progressive jackpot is fluid. It can grow over a period of days, weeks or months before someone strikes it rich. This is made possible by the combined effort of thousands of machines feeding into the same jackpot. Online casinos aren’t limited by floor space, so they are able to create these impressive jackpots with an unlimited amount of games that all fuel the same payout. These networks will keep building up the jackpot until it’s randomly triggered to payout.

Every time someone plays & fails to win, a small percentage of their bet is added to the progressive jackpot. This small amount gradually accumulates into impressive figures. Once the progressive jackpot is finally won, it automatically returns to its starting value. From there it starts to grow once again as people start to play. This cycle continues until the jackpot reaches new heights & is claimed by a lucky winner.

When playing progressive jackpots, there are a few things that you need to know. Having a strategy always helps. So use these tips to increase your chances at winning:

  • Many of these tantalizing jackpots require that you play a max bet in order to be eligible to win. Every jackpot is different, so always check & see what amount you have to play. There’s nothing worse than realizing that you don’t qualify.
  • Wait until the jackpot has grown substantially. The odds of hitting a progressive jackpot when it’s low is extremely unlikely.
  • Play the minimum amount that you can to qualify. Since the odds are so small, you need to try as many times as possible. So steadily play it & keep your eyes on the prize.
  • Play the max number of lines on progressive jackpots. This will increase your chances of winning since the odds are against you.
  • All progressive jackpots are not created equally. Look up the payout percentages & compare it with a few other online casinos to see which one gives you the best odds.
  • Make sure that you are playing with a legitimate online casino. Do your research & make sure that the casino isn’t in hot water for not honoring their payouts. An online casino with an established history of serving its players is your best bet.
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Put yourself in the position to win big with progressive jackpots!

Progressive jackpots captivate the very essence of why we play online slots. Our fantasies of hitting it big are swirling around the games generating these massive winnings. These huge payouts aren’t a figment of your imagination, real people win them all around the world. Just use proper judgment & balance your funds so you have a fair shot at making this dream a reality!