There are many things which go into understanding how do progressive jackpots work. When most people think of progressive jackpots, they think of progressive slot games. However, it is possible to have progressive jackpots in poker games.
About Progressive Jackpots
Using slot games as an example, progressive jackpots are a type of jackpot. Not surprising, but they are a quick wa for one “fortune smiling on them” player to receive a big reward for playing the game. Players will place real money wagers and the money placed as bets are added as a percentage to the jackpot amount. So the more popular the game, you can expect the progressive jackpot to rise. Players will then spin the reel and can receive this jackpot win with just a single spin.
This is simple enough to understand, but the technology involved in a progressive machine is anything but. These progressive slots will be part of a greater network of other machines. So regardless if you are playing a specific slot game in Miami, Florida, there can be someone in your network paying the same game in Boise, Idaho. All machines in the network accepting wagers will have an equal chance of a symbol combination that pays out the jackpot.
Type of Networks
Not everyone is aware there are various types of progressive networks. The first is known as a stand alone progressive jackpot. This is a single machine that is not a part of a wide network of other machines. This stand alone jackpot will increase as more players place wagers on the games. However, no network is involved for this single game.
There is also the proprietary progressive jackpot. This is a progressive jackpot in which more than one machine is joined in a network, but it within ‘house’ or local to the casino. In the proprietary jackpot, wagers on all of the slot machines will be added to the jackpot.
The third type of jackpot, and considered by players to be the more popular are the wide area progressive jackpots. As the name suggests, the same slot game in different casinos are contained within the wide area network. All wagers placed on the games will be updated across the network regardless of where the slot game is located.
Keep in mind that winning the progressive jackpot can be done by simply playing the game and receiving the winning slot game combinations. However, some progressive games require you to wager the max bet or higher amounts for a chance to qualify to trigger the jackpot win.