What is Progressive Jackpot?
Firstly, let me explain what is a Jackpot? Jackpot is a term in Online Gambling, which means you play for the highest amount of money than you have been playing so far.
progressive jackpot in simple terms also goes by the similar concept. It is a jackpot on a connected machine wherein the value of the jackpot (or payoff) increases by a certain amount every time a game is played.
How is the game played at Xoom Bingo?
You try your luck by getting the 3 stars or 4 cherries in a row. And, once you get the right combination, bingo! You have won the jackpot by achieving the combination with the highest payoff. Once the jackpot is won, the machine where you are playing resets itself to its previous position with the designated minimum.
So, if there are many players playing for a $ 10,000 or $15,000 jackpot, at single machines, every player is increasing the jackpot amount every time, they pull the handle. Gaming machines are commonly linked to one of these progressive jackpots. So, if we have several players playing at different machines, they are actually playing for the same jackpot.
How much is the amount for which players play?
The amount for which, players play is set by the ‘house’. This jackpot amount keeps on progressing every time. As this lures many players, the house contributes some of its amount as profit in the initial stages.
In progressive jackpot, you are playing at your highest credit level to qualify for the jackpot. So, a game which requires less credit by a player (5 credit machine), to qualify for jackpot will have more number of customers come in to play this game, rather than a one which requires more credit from a player. Obviously, your opinion would be, playing on too much credit is not worth for winning a huge jackpot. So, with this thought in mind, a player would only think of adding up his income by playing less and quitting rather than playing too long to win a jackpot on a 10 credit machine.
What is the effect of playing on a progressive jackpot?
- You get a lump some money if you hit the right combination.
- More the number of people, playing with a large amount of credit, the more, are your chances of winning. And, you tend to win more.
- As each casino has its own payout processes, so it is always better to check out what each website offers, what is the credit limit that best suits you and what jackpot do they have.
Sounds exciting! So, what are you waiting for? Login at Xoom Bingo and play for progressive jackpot and win lots of real cash prizes daily.
