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The Biggest Slot
Jackpots (1 of 3)
In the first few years of the new millennium,
progressive slot jackpots have done a real number on the statistical
study of slot game winnings. The last twenty years have seen a
steady uptick in both the size and frequency of massive slot game
jackpots being paid out. This might seem like really good news for
gamblers, but it’s important to understand a few things about
latter-day slots and the modern gambling industry before getting too
excited. Gaming trends have changed drastically in the last two
decades.
The World Wide Web’s epic rise to popularity brought along with it
the genesis of online casino gambling and online slot machines. A
major trend in internet casino slot machine gambling has been the
progressive jackpot. These jackpots are linked to multiple online
slots, sometimes being housed at different online casinos. The
common jackpot is tied to the software provider, like Microgaming or
Real Time Gaming. These jackpots get fat quickly, driven by the
input of many, many players contributing to them at multiple sites.
These progressive jackpots can quickly grow to several million
dollars, but your odds of hitting the big prize are also much lower
than you would be facing with play on a single machine.
Slot machine and gambling experts actually advise against playing
progressive jackpot slot games, because the odds of winning have
shrunk so low as to become virtually infinitesimal. Playing the
progressive slots with the hopes of snagging a multi-million dollar
prize is like pinning all your hopes on winning the state lottery –
a few long shot, indeed.
Continue to part 2 here.
Back to September 2008 Archive.
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