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All About The Gigantic Progressive Jackpots On Slots
Learn all about the massive and monstrous progressive jackpots right from how they grow and how they can fall into your pockets!
From the time, this gambling industry has liberated itself from all kinds of bans, jackpots has always come interwoven with the slot machine games. So much so, that it's hard to imagine a game of slot without a jackpot flashing on it. In fact, the guaranteed jackpots are the temptations that make us stick around these spinning machines with our drooling tongues.
The even bigger temptation on the slot machine games these days are the progressive jackpots. However, they were not in vogue until 1980's when microchips were installed into the machines and various slots were linked to form a huge progressive pot of rewards.
Since the huge number of different slot machine games linked to each other, together feed the progressive jackpot, so the value of this pot grows very big. In fact, so big that I have heard about the players who have won over $8 million on slots in one short at the casinos of Las Vegas.
Basically ...
... a progressive Jackpot scoops out a part from every bet to add more value to the pot every minute. This signifies that the payout rate on such progressive slot machine games for the spinning the non-jackpot winning combos is comparatively lower than that of the non-progressive slot game.
An example can explain it better. So, let's assume that if you wager $5 on a progressive slot machine at a Las Vegas casino, your bet will be divided as follows, 25 cents will be added to the progressive jackpot, $1.25 will go to the casino and the remaining $3.50 will be paid out to you on spinning a non-jackpot winning combo. But if on the other hand, you wager $5 on any of the non-progressive slot machine games in the same casino, your bet would be dived in just two parts of which $1.25 will go to the casino and $3.75 will be paid out to you when you surface a non-jackpot winning combo.
The example shows that this casino on the Las Vegas Strip offers a payout rate of 75%. But you'll have much better payouts to steer on the online casino slots machines games as even a typical online casino provides the 95% payout rate.
So, if you play online, the higher payout rates offered even on the non-jackpot winning combos will help you linger much longer on the online slot machine games and the longer you spin, the higher is the probability to hit the progressive jackpot.
All the best!
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