Progressive Jackpots Create Millionaires

 

Online gambling and progressive slots have accelerated the pace by which gamblers can become truly rich. You could become an instant millionaire if you hit a million dollar jackpot or one worth even more.

 

Progressive slots take a portion of every wager laid and applies it toward a jackpot that continues growing, until someone wins it. With online casinos, those progressive jackpots often are larger than bettors would find in land-based casinos. That makes online slots the best return for your betting dollars.

 

With progressive slots, as little as a nickel could turn into a large sum of cash. In most cases, to win at least a million or more requires playing at least quarter slots and more likely dollar slots. Yet, with a potential return of more than $1 million, plus whatever other pots might be won, there is a great opportunity to turn a small amount of money into a life-changing sum.

 

Online progressive jackpots typically grow much faster than progressive jackpots at land-based casinos, because online casinos do not have building space restrictions. Instead of linking together only a few slots in several casinos, an online casino can link together nearly countless slots with progressive jackpots.

 

Whenever a player wants to take a chance on getting rich, he or she always can find an open seat at an online casino and play for the big prize. That makes it possible for potentially hundreds of people or more vying for the jackpot at any given moment.

 

With so many potential players at time, the progressive jackpots rise quickly, and can be many times larger in just a few days. Players typically win the online progressive jackpots more frequently, too.

 

With more winners, there are more jackpots to be won each year, and that helps to boost the popularity of progressive online slots.

 

In many cases, the payouts for prizes less than the jackpot can be much better when playing online, too. Online casinos have much lower overhead than land-based casinos, and greater competition for gamblers.

 

So, the online casinos typically offer looser slots that pay more for similar wins at land-based casinos. A loose online slot will return almost all of the cash it takes in over a period of time — as much as 99 percent in some cases. A loose slot in a land-based casino might return 94 percent of the money it accepts in bets.

 

With the greater potential for more players, the online casinos simply can rely on volume to produce a profit, even when paying back 99 percent of all wagers. They also provide much better progressive jackpots.