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Ikaros

Overview

  • Founded Date July 16, 2014
  • Sectors Education Training
  • Posted Jobs 0
  • Viewed 5
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Company Description

Understanding Progressive Casino Jackpots

Progressive jackpots are the ultimate dream for millions of casino players around the world.

But understanding the mechanics behind these enormous prizes is essential before you start spinning.

Funding the Massive Prizes

The concept behind a progressive jackpot is brilliantly simple: every bet contributes to the prize.

After a win, the jackpot immediately resets to a predetermined “seed” amount, usually one million dollars.

  • Often requires a maximum bet to qualify
  • Powered by a central software network
  • Can award millions of dollars in seconds

Local vs. Wide-Area Progressives

Local progressives link several machines within a single casino, offering medium-sized jackpot pools.

These global networks are responsible for the record-breaking multi-million dollar payouts frequently seen in the news.

The Odds and Strategy

Statistically, you are more likely to win the national lottery than trigger the Mega Moolah jackpot.

Many older progressive machines strictly require you to place the maximum allowable bet to qualify.

Game Developer Average Payout
Mega Fortune NetEnt $4,000,000+
Mega Moolah Microgaming $5,000,000+

Progressive jackpots add an undeniable layer of extreme excitement to the casino floor.

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