A Progressive Jackpot is a prize pool that grows over time. A small fraction of every wager made on the game, by any player at any casino in the network, is added to the central jackpot fund. This allows the prize to grow to life-changing sums, often reaching millions of pounds.
The jackpot continues to grow until it is won by one player, at which point it "resets" to a predetermined seed amount and begins to accumulate again. This differs from a "fixed" jackpot, which has a static maximum payout.
The jackpot continues to grow until it is won by one player, at which point it "resets" to a predetermined seed amount and begins to accumulate again. This differs from a "fixed" jackpot, which has a static maximum payout.
Real-World Examples
How it works:
1. A "seed" amount is set (e.g., £1 million).
2. A small % of every bet from all players is added to the pot.
3. One player wins the entire pot.
4. The jackpot resets to the seed amount.
1. A "seed" amount is set (e.g., £1 million).
2. A small % of every bet from all players is added to the pot.
3. One player wins the entire pot.
4. The jackpot resets to the seed amount.
FAQs
Do progressive jackpot slots have a lower RTP?<br>Often, yes. A portion of the standard RTP is diverted to feed the progressive jackpot. This means the base game may have a lower payback percentage than a non-jackpot slot.