Friday, October 1, 2010

Jackpots - How it Works and Ways of Playing

Many people have heard the expression "hitting the jackpot," but there are some who do not know what that means. There are some who hope to "hit the jackpot" as soon as possible. What is a jackpot? It is the highest payoff of a casino game. Most jackpots are progressive, meaning that the amount of the jackpot increases with every game or every round that it has not been claimed.

How the Jackpot Works
The most common progressive jackpot games are slot machines and video poker. In most casinos, the players with the highest bets are eligible to win the jackpot even though players with lower bids still contribute to the jackpot. The jackpot increases a small percentage every round, game or hand that is played in both video poker and slots. Several machines are connected to one progressive jackpot, so that the jackpot can grow quickly even though each individual deposit is small. However, only a small fraction of all of the casino's gaming machines are actually connected to the jackpot. In order to win, the player has to have the highest winning combination of cards known as a royal flush in video poker, or have the matching symbols on the correct line on the slot machines. The chances of winning a progressive jackpot are incredibly small, but the novelty of a progressive jackpot is the large reward for winning. The machines are constantly changing fancy meters also to attract players continuously.

Several Progressive Jackpots
Although progressive jackpots are usually associated with slot machines and video poker, several games have jackpots. Many versions of poker have progressive jackpots like Caribbean Stud Poker. Some casinos online offer progressive jackpots for roulette, blackjack and other popular casino games. Winning progressive blackjack requires the player to make an additional bet specified by the casino, and not only beating the dealer, but also having a specific combination of consecutively dealt cards. Other than that, progressive blackjack and conventional blackjack are played the same way. Many gamblers never or rarely visit actual casinos, but gamble with lottery tickets and Powerball, a game that involves players picking random numbers and matching them to computer generated random picks. Every lottery ticket or Powerball entry contributes to the progressive jackpot, the prize for picking the correct Powerball numbers. The difference between lottery and casino gambling, however, is that the profits from the lottery usually contribute to educational funding and scholarships for students, whereas the casino keeps the profits that it makes. Some people prefer lottery tickets over casino gambling for that reason.

Winning the jackpot is extremely difficult, but millions of dollars are spent every year by people who hope that their bet will be the lucky bet. In most cases the chances of winning even the state lottery is at least one in three million and sometimes more. However gambling hall revenue is steadily increasing. The odds indicate that winning is not impossible, but improbable for most. Still, there are those lucky few who do win and inspire others to keep playing.

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Casino Bonuses - Jackpots In Online Casinos

The lucky winner was a gambler of InterCasino with a nick "Obaesso" - middle-aged factory worker, who plans to travel around the world (before he had not left his native town further than 50 kilometers). However, the winner has not received all the money, but just a modest part of $5,9 mln., another $2 mln. remained in the game. But in this case, there was no need to wait for long months - the jackpot was again broken in a couple of weeks, and moreover at a pound casino, so the prize equaled 2 million pounds or about 4 million dollars. This is how the online casinos added another couple of people to the club of millionaires.

Probably video poker is the second game with often occurrence of jackpot. Jackpot can be added to various versions of game as payment for picking up royal flash. Jackpot is usually paid only in a game of 5 coins and starts at 800 -1000 bets. However, jackpots are seldom happened greater in video poker, usually they range from $1-7 thousands (depending on the value of coins - 25 cents or $1).

Jackpots are nonetheless popular in another poker game - Caribbean Poker. A player can make an extra bet of exactly one dollar for jackpot. If he gets royal flash, then he takes the entire accumulated sum, if he gets street flash, then he wins 10 % of a jackpot. The sum of the jackpot in this game usually amounts to $100-$200 thousands and the record won sum equals to $720000.

Jackpots in slots, video and Caribbean poker can be found in most casinos, other games offer jackpots quite more seldom, though, in fact, jackpot can be "adjusted" to any game.

Microgaming casino offers roulette jackpot. You can win quite good money of several hundreds thousand dollars, if you win the bet at the same number five times in a row. Progressive blackjack also exists in Cryptologic casino and OddsOn casino. In fact, jackpot can be added in any case - the main condition for that is the demand for the game.
As we see, jackpots manage to fulfill their task and allow some players to win a lot of money, but does it mean that it is worth chasing down the jackpots? In most cases - no. Unfortunately, the casinos use the popularity of jackpot slots and set lower payment percentage for them. As a result the risk of losing considerably increases. I've already written in one of my articles, that in fact, the jackpot games can be of positive mathematic expectation for a gambler. Unfortunately mathematic expectation cannot be computed for the slots. So we can only hope that jackpot is big enough to take risks. In video and Caribbean poker mathematic expectation can be calculated at the given amount of jackpot. When the game has the player's preference, there is an opportunity to have such amount of jackpot. In this case, you can enter the game, though you should not rely on winning too much. The chance of winning the gain does not increase with growth of the jackpot.

Some gamblers may be worrying if the casino is able to pay them such great amount of money, if they manage to break the jackpot. If it is a small casino with unknown software, and which promises jackpots hundreds of thousands of dollars - I doubt if jackpot can really be broken there. But you should have no doubt if you deal with casinos of the famous software producers. The software producer himself provides for jackpot and he pays the gains. The funds are created in advance and there are no problems with the payments.

If you hope to get rich with the help of jackpot - play in the famous casinos from the famous software providers and good luck to you.

Arthur Prudent is the developer of Casino bonus codes, web site covering gambling news, features reviews on Casinos, Poker rooms, bingos, Sports Betting bonuses promotions and more. Casino bonuses: Jackpots In Online Casinos.

What is Jackpot Bingo?

If you think you can trust your stars into getting you some huge amounts of cash then go and play a round of Jackpot Bingo without delay at some of the most popular bingo gaming zones in town! Do you know that you can win approximately $ 2,000,00 every month if your stars prove to be lucky for you? The consolation prizes are also very attractive. You can win $10,000, $5,000, or $1000 in the game even if you miss the jackpot.

Bingo has become a hot favorite with many people and is being offered online too so that you can play games with people around the world right from the comforts of your house. While paying bingo you can also engage in other interesting games like video poker with the other players while you chat with them. Before starting out on this game that is mainly driven by one's luck online, one should first register with an authentic Bingo site and download the game software. You can also choose to play the game online if you do not want to download the software. Nowadays, Bingo has become a global game and hence it is available for you in your own language.

While playing Bingo, you might get the chance to take part in some very lucrative online contests, which offer you some very attractive bonuses along with your Bingo prize money. Many sites hold the Jackpot draw on a weekly basis.

There are some rules that one must follow to play the online Bingo game. A player is allowed to register only once under one name. He or she is not allowed to open multiple accounts with the same site. Before starting off with a game, the participants are expected to thoroughly acquaint themselves with the rules of the game. The website authorities, those who administer the game site, expect you to be more and more well versed with the gaming rules each time you log in and play the game. If you have any doubts regarding the game, or the rules for playing it, you should always ask the game administrators to clarify your doubts. After reading the terms and conditions of the game, if you disagree with them, you should leave the game even before playing it. Once you start playing you have to abide by the set rules without any complaints. Hence you should decide upon playing a game only after understanding the game and its rules thoroughly.

The author of this article enjoys playing live roulette and the other amazing supercasino games that can be played online in the UK. Please visit his sites for more articles to read on games.