Sports fans could attend all the football matches they desire to see by winning a progressive jackpot. A progressive jackpot is one where a portion of every bet laid on a game goes to the jackpot. Until someone wins the big prize, it keeps on growing. Progressive jackpots start at a minimum value chosen by casinos before starting their growth.
Many progressive jackpots are tied to slot machines at land-based casinos. The casinos link together one or more games at one or more casinos. The jackpots start at a minimum value and rise from there.
Progressive Jackpots: The Benefits
Many progressive jackpots can reach millions in value and make millionaires of the players. Lotteries often hold popular games with progressive jackpots that can reach hundreds of millions in value. Many times, a lottery has multiple winners splitting a single progressive jackpot.
A slots-based progressive jackpot only goes to one player, and that makes them very attractive to bettors. The games also are based purely on chance, with random number generators determining the outcome of every play made.
Land-based casinos are limited by physical space. That space restriction makes it harder for casinos to create fast-growing progressive jackpots, due to a limited number of slots.
Land-based casinos also have a great deal of overhead, such a maintenance, taxes, payroll and many others. Those overhead costs can limit how much they can contribute toward a progressive jackpot.
Online Casinos and Progressive Jackpots
Online casinos, though, have many advantages that make them more ideal for progressive jackpots. They have no space restrictions, can link together many more slots for a progressive jackpot, and there always are open seats for more bettors.
Many popular online video slots progressive jackpots, like Mega Moolah, start at $1 million and grow from there. By the time someone wins the jackpots, it typically is worth several million.
All of that money goes to the one person who wins it and becomes an instant millionaire. And, unlike with lotteries, there often are several winners of the Mega Moolah jackpot every year.
Many other progressive jackpots also offer excellent returns on your gambling dollar, and could make you an instant millionaire. Even after paying taxes, you would have enough cash left to buy seat at any football match you desire to see and go as often as you wish.
Progressive jackpots can turn $1 or even less into a life-changing sum of money. Even if you don’t win the big jackpot, you still could finish ahead with smaller wins, while having a lot of fun.