When is it Best to Play on an Online Progressive Jackpot Game?
16 June 2012
A progressive jackpot game has an accumulating prize pool that is usually spread over a vast network of online gambling portals. In the past few years, more and more progressive jackpot games have become available for players.
Each software provider has its own progressive jackpot network, with each company offering between 5 and 20 progressive jackpot games. It isn’t the software provider or the casino that contributes towards the jackpot, it’s the actual players. A small percentage of each stake spent on a progressive jackpot game is added to the total prize pool. This is why we hear of so many progressive jackpots that reach into the millions.
This is also why there are certain times when players are better off playing on a progressive jackpot game. A progressive jackpot will usually have a seed amount (a starting amount) which is often been added by the casino, but from then on, the prize will continue to climb as more players vie for that same jackpot. The advice for players is to wait until the prize has reached a decent amount, otherwise if you win, you may not be so impressed with the jackpot.
One lucky Scottish player recently scooped £5.1 million after logging into Betfred Casino (a Playtech powered online casino). He claims that his neighbour’s barking dog woke him up in the middle of the night so he decided to turn on his laptop and launched a video slot called Beach Life. Within less than 10 minutes of playing, he scooped the massive UK record-breaking progressive jackpot. As soon as this was won, the jackpot immediately reset to its original seed amount. Therefore, if a player was to win the jackpot now (the next day for example), the prize would be just a fraction of what it was the day before.
There is no point playing on a progressive jackpot game if the jackpot has only recently been won. Try and leave it for a few months and come back to it when the prize is more attractive. Granted, other players will be thinking along the same lines, so the prize pool will all of a sudden start to climb quicker. Unfortunately, it will mean that thousands more players have just as much chance of winning as you.
Try and wait for the jackpots to climb over £500,000 and then start playing on them. This means that if you are lucky enough to win, the prize will definitely be worth it. Also, not all of the progressive jackpot games are slots. There are some table and card games with progressive jackpots and also some progressive video pokers.
If you do get lucky and manage to take down a progressive jackpot, you will probably be contacted by either the owner of the casino or you may be appointed some kind of accounts manager. This service is aimed at helping you to withdraw the funds. Most of the major online gambling portals will offer this service free of charge, which you should definitely take advantage of. All large wins will need to be verified by the casino and if the press get wind that you are the winner, they may even try and contact you to hear your story.
Tags: online gambling, progressive jackpot, progressive slot, online progressive slot,
Posted In: Online Casinos, Online Slots,
Get More With Our Newsletter
|Fill out the form on the right to join our CasinoMan newsletter and we'll drop you an email every 2 weeks with the latest blog posts.|
We'll also periodically send you other useful gambling articles we publish which will keep you completely informed of the latest offers. This newsletter goes out 1 time per month.
Naturally, we respect your privacy.
- Here Are Reasons Why You Should Use Your iPad for Online Casino Games
Date: 17 May 2013
- Important Considerations When Selecting the Right Online Casino
Date: 15 May 2013
- Top Online Gaming Experiences for iPad Users
Date: 29 April 2013
- The Martingale System for Roulette
Date: 27 April 2013
- The Live Roulette Online Revolution
Date: 26 April 2013
- 3 Card Poker - Is Lady Luck on Your Side?
Date: 27 March 2013
- Top 10 Reasons to Play at a Mobile Casino
Date: 25 March 2013
- Mermaids Millions - Will She Share Some with You?
Date: 23 March 2013
- The Guide to the GUKPT 2013
Date: 22 March 2013
- Gambling: The Most Profiting Online Business
Date: 20 March 2013
|1)||Lucky Red Casino||87.5%|
|2)||The Gaming Club||84.6%|
|3)||Wild Jack Casino||84.6%|
|5)||7 Sultans Online Casino||83.3%|
|6)||Aztec Riches Casino||83.3%|
|7)||This is Vegas||83.3%|
|9)||Vegas Casino Online||81.8%|
Blog Tagstagheuer ferrari johnny moss jonathan magnum restricted territories pantheon rolling dice william grover-williams personal aircraft silverstone wedding alcohol carnegie hall soho free online casino games laurence olivier french laundry horse races british cars vie
Casino of the Month
Each month we give special recognition to an online casino which has excelled. This month our online casino of choice is:
Vegas Casino Online
BONUS: 15% extra on all deposits using alternative methods