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Gaming Machines - Jackpots

Basically, a 'progressive jackpot' is one at a gaming machine (e.g., the slots) where the amount of the payoff (the "jackpot") grows by a tiny amount each time an additional game is played. Generally, gaming machines are connected with a single one of these so-called progressive jackpot schemes. This means that there is only one jackpot that the several machines are vying for.

System -- In order to win, the player must have the highest payoff combination for the jackpot for the slot machines, ranging from 4 cherries in a row to a Straight in a Poker game. After someone wins the jackpot, the machine is reset to a minimum that has previously been designated. "Progressive jackpot" means that all the machines are linked and the jackpot increases the more those machines are played by a minimal amount of money. So, rather than players all playing to win a $5,000 or $10,000 jackpot at single machines, each player is adding to the jackpot they?re playing for each time they pull the handle. The ?house? establishes the dollar amount by which the jackpot increases, and is happy to add to part of the profit because progressive jackpots bring in so many players. Which means that more people will play and although their profits are smaller in the beginning, they will be larger in the end. In order to win the progressive jackpot, you usually have to play the highest credit amount.

?Qualifying? -- As we said previously, while only players playing with the top credits ?qualify? for the jackpot, all players add to the amount of the jackpot. Typically a jackpot will increase at higher levels at a quicker rate when a game requires more credits to qualify. As an example that will help illustrate this, contrast a game that requires 10 credits for jackpot eligibility with one that requires only 5 credits, where a larger number of people can play. Believing 10 credits to be too much to risk, they opt for a game that costs 5 credits. Changing from 3 credits to 5 credits is not as drastic, particularly when considering the size of the jackpot. However, because the variation between 3 and 10 credits is big, players are more likely to keep on playing with 3 credits at a 10-credit machine, so they continue on increasing the jackpot without ever nearing the possibility of being a winner!

Effects -- The most obvious advantage is that the jackpot increases much faster, therefore the winnings will be larger for the person that hits it. Because it takes more credits to play the machines, most people will choose this alternative because the several machines are tied together and the jackpot will grow faster. Moreover, various casinos use an array of payout schemes as well as minimum requirements for credit. You should always compare a number of sites to get the best deals, how much the jackpot offers, and the credit amount that is best for you.

Summary -- Gambling with progressive jackpots as opposed to the average machine depends on which you prefer. Odds are pretty much the same; while there are some means for bettering one?s chances at progressive slots (such as ?team? play - which most casinos don't allow), most of these are either disreputable (read: illegal) and/or simply nothing more than theories. Gambling is called gambling because no matter how you play, it's all based on chance.

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