The majority of casino enthusiasts in the world start their journey in the gambling world because of entertainment, which is a “healthy reason” to do something like that. Yet, it would be unfair not to mention that we all wish to win some major winnings while enjoying games.
Dreams won’t come true when you want, in this case, and everything depends on luck. However, modern casinos have provided additional options to achieve that goal through so-called casino jackpots. This is a topic we would like to analyze in detail to help people understand what casino jackpots are, how they function, and how to win them. Let’s go!
What Are Casino Jackpots?
The easiest way to define casino jackpots is the large, pooled cash prizes that can be won at any moment while playing a particular game on any casino website. Still, jackpots can’t be found in all games of chance. They are most commonly present in online slots and lotteries, but some software developers add them to their live casino sections as well. A good example of that is Amusnet, which lets players enjoy live roulette variants with in-game progressive large cash rewards.
The value of the jackpot prizes depends on multiple factors. In most cases, you will find more than one of them, each with a different minimum and maximum winning limit.
Different Types of Jackpots
After explaining the definition of the casino jackpots, the next crucial thing you should learn more about is the different types of jackpots. The way they all function is different, which is the reason why you should understand the difference.
Progressive Jackpots
Progressive jackpots are actually those life-changing rewards that everyone is talking about. Their size directly depends on the losses experienced by the players. The system looks like this: from every dollar spent on the game by each player, a small percentage of that expense goes towards the jackpot reward. Some of you may ask how rewards can go massive from just one slot machine.
The answer is simple – these are pooled rewards collected from different machines. In the online world, this would mean that all the games developed by the same software developer are covered. That is the reason why their value can be in millions.
It is also worth mentioning that there usually isn’t just one massive jackpot available for everyone. Most developers divided the grand prizes into three or four different categories, usually named bronze, silver, gold and, eventually, platinum.
For some games, there are clear minimum value limits that need to be crossed to make the jackpot prize available for hitting. Simultaneously, there are upper limits as well in some cases. The closer to that limit the value of the jackpot is, the bigger the chances the machine will release the prize soon.
Fixed Jackpots
Fixed jackpots are quite the opposite of the progressive jackpots. As the name suggests, their amount does not change, which automatically means their size does not directly depend on the financial losses experienced by the players. However, it does depend on the size of your bet. The larger it is, the larger the total prize can be. Just like in the previous case, there is usually not only one jackpot reward. Developers usually create four of them, commonly named mini, minor, major and grand (or similar). Their size varies and goes from x10 for the smaller jackpots to x10000 and more for the biggest ones.
How to Win Casino Jackpots?
You can hear different gamblers explaining how to increase your chances of winning jackpots. For example, some players suggest turning on autoplay and increasing the bet if the amount is close to the maximum value limit of the progressive jackpot. Others suggest increasing the bet size, if possible, at max bet or close to it, at any moment, to increase your chances of winning.
However, if you ask us, neither of these strategies is correct because there is no way to predict when the jackpot prize will be released. It can only lead to major financial losses, and that’s not the point of casino sessions. Instead, you should focus on practicing responsible gambling by investing more energy in improving your self-discipline and focus.
What’s the Point of Casino Jackpots If Rarely Anyone Can Win Them?
The point of jackpots is not to chase them! Don’t forget that gambling is the source of entertainment, not a source of income. The point of smaller and bigger pooled prizes is to add excitement to the games that feature them. Also, the life-changing rewards can truly impact the life of the lucky individual. However, we need to repeat the phrase – lucky individual; not many lucky winners.
Because of that, we suggest you focus on having fun during regular play. If your destiny is to win big rewards, that will happen. There is no way to control the situation.
Conclusion
The essential thing for the players is to understand how both categories of jackpots, fixed and progressive, function. Another thing you need to have in mind is that predicting the moment when the jackpot prizes will be released is impossible. Keep gambling responsibly and let the algorithm decide whether you will be the grand winner or not. We wish you luck!
