Progressive Jackpots Explained
Progressive jackpots have been around for many a year, especially within the land based bingo clubs across the country. These types of jackpot prizes would give players the opportunity to win a far bigger prize then the standard game they would be playing at the time.
The fundamental principle is that a percentage of the proceeds from the bingo tickets bought may be apportioned to a jackpot prize that will increase in size over time as more tickets are purchased (if the jackpot is not won). Compared to the usual bingo prize on offer, the progressive jackpot may not necessarily be won during the game that it is associated with, as certain winning conditions must be met. In many cases the progressive jackpot will be won by the full house winner calling house in a certain number of calls or less.
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If there is no winner of the game, then the progressive jackpot will still go on (rolled over) along with an increased prize. This will continue for each time the progressive jackpot game is played, whether on a single ticket or for the whole session, up until there is a winner. This can lead to some extremely BIG progressive jackpot prizes to be won.
These types of promotions to increase the amount of players to bingo and to increase the amount of Prize Money available has meant the simple game of bingo can create millionaires.
Progressive jackpots have also become a very big attraction for online bingo players, and there is a lot of competition among different bingo sites and online casinos to provide you with the biggest progressive jackpots around. You only have to look at some of the online slot games to see the types of prizes a progressive jackpot can bring. The likes of Millionaire Genie at Rio Bingo where for a spin on the slot at any bet level you could win over £1 Million pounds.
Many online bingo sites offer big prizes in the form of progressive jackpots on their bingo or online slots and they do increase into the millions. Always remember to gamble responsibly as these prizes can be tempting to players to overspend. It is always best to stay within your budget but it can take as little as 15p to become a millionaire.
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