The science behind progressive jackpots

The science behind progressive jackpots

Posted on June 14, 2022 by in Gambling
The science behind progressive jackpots

When playing at an online casino, there are many ways to win. You can almost guarantee a few smaller wins if you play for long enough, whether it be a low-stake payout at the roulette table or a hand of blackjack, while the bigger payouts are rarer but not impossible. But one type of win that casinos like to promote is the progressive jackpot. These prizes are ones which are paid out every once in a while to a fortunate customer, and they work something like a state lotto game.

Progressive jackpots can reach very high levels, and we’re talking here about life-changing amounts of money. The jackpot will be signposted by the casino and the higher it gets, the more people will play it – which, as we will see, is both good and bad news. Let’s look into the science behind playing for progressive jackpot slots online, and see what the pros and cons of this type of jackpot are.

What exactly is a progressive slots jackpot?

 Very simply, a progressive jackpot is one which grows as the game is played. Every time a customer makes a qualifying bet, they contribute to the jackpot while also standing a chance of winning it. The more such bets you make, the larger the jackpot grows – and the greater your chance of winning it. Once the jackpot is won, it reverts to the initial jackpot – considered a “seed” amount – which is set by the casino, and then begins to grow again as more people play.

What is a qualifying bet?

 The type of bet that can win a progressive jackpot depends on the game and the provider. In some cases, you will only qualify to be in with a chance if you’re making a maximum bet. This is not always the case, but these are the games with the highest potential payouts, so it’s very much a case of “greater risk, greater reward”. You can however play other progressive jackpot slots with lower bets; the jackpot will be smaller, but it will still be a perfectly nice amount.

How do you win a progressive jackpot?

 This again depends upon the slot and the provider. In some cases, there will be a certain collection of symbols that triggers a progressive jackpot, or puts you into a minigame with the chance to win it. In other cases, a jackpot may be timed to trigger at a certain point, on a completely random spin. The casino will often mention that the jackpot must be won by this time, which leads to more people playing as that time approaches, thus growing the jackpot in turn. Again, more people playing means a lower chance of winning, but a higher reward if you do manage to win.

What are my chances of winning a progressive jackpot?

 It’s fair to say they are very distant. That’s why it’s a jackpot – if they paid out every fifty spins, they’d either be very small or they’d bankrupt the casino in no time at all. Some studies have put the chance of winning a progressive jackpot at one in 50 million. While that’s very steep, other studies figure your chance of winning a state lottery at something like one in 170 million. And when you consider how many people are playing a slot at any one time, that 50 million isn’t just an abstract number – it is one that will be very lucky for someone.

How can I increase my chances of winning?

 It’s a slots jackpot, so the vast majority of your luck is in the hands of the random number generator that decides how your spin will land. You can’t do a lot to increase it, short of playing the slot often, targeting the right times, and making the maximum bet if that’s stipulated as your qualifying amount. This can become expensive, so set yourself an amount you’re willing to bet – recognizing that a higher bet will increase the payout of a non-jackpot win – and when you hit that amount, put it down to experience and prepare for your next attempt.

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