Mon Mar 02 2015 07:41 ET
Progressive Jackpots Explained
Bingo continues to enjoy success as one of the most popular online games. With more people joining online gaming sites and bingo halls it's no surprise that players want to know the best way to maximize their efforts. As progressive bingo jackpots provide the largest winnings in all of bingo, it is also no surprise that players want to know how these jackpots work. As the largest winnings ever in online bingo came as a result of progressive bingo jackpots, more people are joining these games in hopes that they too can become multi millionaires. It's the most exciting way to play bingo online and win real money.
The secret to progressive jackpots is that just as the name suggests, the jackpots worth continues to progress, or grow in values. If one game is played and there is no winner, the money from that game rolls over into the next and compounds until a winner is declared. The more people that participate in the online bingo game, the greater potential the jackpot has of growing to a substantial amount. These types of jackpots are used in a variety of games and aren't limited to bingo alone. It isn't uncommon to see progressive jackpots with blackjack or slot machines. As these are special games that have a large potential for a phenomenal payout, there are many rules that accompany these games especially in determining whether or not someone qualifies for a payout.
When signing up for a bingo game, make certain to read through the terms of service and ensure you understand exactly what you are required to do in order to play. If you fail to follow the requirements, you may encounter difficulty; especially if you were to win a prize.
Progressive bingo jackpots are very similar to the way many state's powerball lotteries work. These jackpots roll from one week to the next and as more people buy lottery tickets the jackpot continues to grow. Other bingo games don't tend to have such large jackpots and may offer significantly smaller jackpots. Progressive jackpots are the highest payout a player can receive. After someone hits the jackpot, the amount is reset and the jackpot begins to grow again. There is no definitive amount that the jackpot is expected to be and it will continue to change with each game.
As a whole, you'll find that online casinos and bingo halls offer larger jackpots than what you'll find in a brick and mortar or land based casino or hall. It's important to remember, however, that what makes progressive jackpots much greater than those in brick and mortar halls is that many people are playing, causing the jackpot to increase. Those additional players also cause your chances of winning the jackpot to decrease. Because it is pure luck that determines who wins at progressive bingo, it is imperative that all player behave responsibly and ensure they never play with money they can't afford to lose. Online bingo, as well as online gaming in general, can be very addictive and it is imperative that those playing, whether online or in a casino, must take precautions to ensure they do not lose focus of the entertainment aspect of bingo and develop a gambling addiction. Millions of people are playing online bingo and it remains one of the most popular online games in nations worldwide. Some attribute the social aspect of bingo games, such as the interactivity provided with others through chat as helping to lend to its popularity in online form. Online bingo is believed to have launched in 1996 and each year, the game continues to grow in popularity.
There are many things to take into consideration when playing bingo online. First, you'll need to determine if you are going to play through your Internet browser or if you need to download additional software (at BingoHouse, absolutely no downloads are required - only Adobe Flash player. See our Hardware Facts for details). Once you know which game you are going to play and how you will access the game, you'll want to ensure you choose a legal payment processor in order to fund your account. Every state and country has their own laws regarding internet gambling and you must make certain that you follow the law or else you risk losing any winnings you may be entitled to. As online gambling continues to grow in popularity more calls for online gaming regulation have been made. Laws are continually changing and being reviewed. Make sure that you are aware of the rules and laws as they apply to your particular situation.
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