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Click here Biggest Slot Jackpot and How You Can Win
Them In the beginning, there were no progressive machines. This only became possible in early 1980s, when microchips were added to the machines. Even so, it was not until March, 1986, that first multi site linked machines were introduced by slot manufacturer, IGT. Having the same casino jackpot being fed from a number of
different machines (which were often spread across a number of different
casinos) meant substantial jackpots could quickly grow to be very huge. It is
documented in some Las Vegas casinos, where organized players in a network
extending all the way to Reno, have won over $8 million, in a single win, on a
giant machine.
How Jackpot Casino Games Work They grow bigger, progressively, by skimming an amount of
money from each and every unit bet. This means that payout rates on normal wins
is lower than that of a regular slots machine. Yet, if you take progressive
into account, the payout will be same. For example, You are playing in a Las
Vegas linked slot machine with a fixed $5 bet per spin. Your online casino
games money could be divided as follows; 25 cents added to jack pot,
$1.25 goes to the facility and remaining $3.50 is paid out in non jack pot
wins. If you were playing a regular game at that same establishment, it
is most likely your money would be divided as follows: $1.25 to facility, and
$3.75 paid out on wins. Above example assumes facility has a 75% payout rate. In
reality, machines at land based casinos typically have payout rates ranging
from 70% up to 87%. This is in stark contrast to casinos, which typically have
payout rates from 89% up to as much as 99.5%! So, a typical establishment with
a 95% pay out rate; reveals money one pays in for a $5 per spin jack pot slots
would be divided up something like this: $0.25 for facility, $0.25 added to
online casino jack pot and the remaining $4.50 is paid out in other winnings.
Given statistics, it is easy to see why so many hard core gamers are now
playing for big jackpot Wins from computers. Progressive Online Casino Jackpots Are
Growng! Apart from missing free drinks, playing seems more favorable
to a player ( because you be gettiing more winners, more often). We have already covered how large jack pot games can grow at land based casinos, so just how large are jackpots at casinos? The answer is that they are growing
at all time rates. Current record is $1.76 million. Interestingly enough, exact same slot machine that paid that out in December 2005 currently has a purse of
over $3.6 Million and still rising! When this progressive jackpot is eventually won, it
is going to set a new record for being the biggest payout winner of any
facility to date. There is little doubt that even after that has been won,
another newer record will be set within a space of less than a year. The rate at which giant jackpots are growing is amazing. Only a couple of years ago an amount of a little over $1 million held the record. It is now anticipated that sometime within the next couple of years, the highest jackpots will be paid out from Internet casinos. So How Do You Pick a Winner? Choosing which slot machine to play is really not all that complicated. Once you know what amount has been reached, that will be a starting point. Obviously once the online jackpot in question is higher than its historical average, the chances of it paying out are greatly
increased, and if it goes higher than its previous highest payout your chances are further increased again. If you are chasing biggest jackpots, do not play games just after a previous big jack pot has been won. Instead, wait until after that historical average payout has been passed for best chance of winning big.
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