What are progressive jackpots of online casinos

What are progressive jackpots of online casinos

Progressive jackpots in online casinos.NZ Online Casinos for Kiwis How online casinos developed Online casinos appeared in 1994 thanks to the well-known company Microgaming. It was she who created the first online casino platform. In 1996, according to some sources, about 15-20 online casinos were opened on the Internet. And only in 1997, the rapid development of online gambling began %s... Another company, Cryptologic, entered the market. In 1998, the number of online casinos began to grow rapidly. This forced the software manufacturers to launch software that unites certain pokies into a single network, on which the progressive jackpot began to be played. In 1999, Playtech entered the online gambling market with its new software, competing with eminent companies. Progressive jackpots have played an important role in the development of online casinos, attracting gamblers with their sums. If in 2001 the largest win in an online casino was the amount of $ 415,000, and the maximum jackpot in 2002 was one and a half million dollars, then at the moment these winnings have grown significantly.NZ Online Casinos for Kiwis Progressive jackpots are nowadays often in excess of $ 10 million. But punters should be aware that progressive jackpots in online casinos vary in amount %s... About Progressive Jackpots In-House - standalone progressive jackpots are drawn within the same casino on pokies connected to each other in a small network. On them, a small amount is taken from each bet made by the punters and credited to the jackpot that grows from this. Offline jackpot amounts are not particularly high and range from tens of thousands of dollars to several hundred thousand dollars. An important fact is that the amount of the jackpot depends on the size of the bet made on the pokie machine. On this topic The jackpot on Age of the Gods is hit - more than a million dollars Stand Alone Progressive are jackpots that are played on certain pokies in one online casino. They have their own system for calculating the amount of the jackpot, which is formed by the percentage of the total turnover on pokies. The sums of these jackpots are not so large compared to the standalone jackpots, but can still enrich punters by several thousand dollars. Area Wide - the most attractive jackpots, the amounts of which can reach tens of millions of dollars %s... Such large sums are due to the fact that these jackpots are drawn not in one casino, but in the whole network. Many pokies located in various online casinos are united into a single network, as a rule, these are pokies from one of the software companies, for example, Playtech or Microgaming. With each bet on these pokies, deductions go to the jackpot fund, so its amount grows incredibly quickly. It doesn't matter what bet is placed to get the jackpot. This may be the minimum bet of $ 1, but the payout will be the maximum.
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