When playing Eyecon Gaming slots, you may have heard about a progressive jackpot. This type of jackpot is famous amongst players as they usually award a life changing sum of money to the player who manages to win. However it is not easy to win.
Progressive jackpots are incredibly popular slot jackpots that players will encounter. There are two main types of jackpot when it comes to slot gaming, fixed and progressive. While a fixed jackpot is still popular, many players prefer using progressive jackpots. Essentially, a progressive jackpot will offer players the chance to enter a jackpot where the total prize pool will steadily increase each time it is left unclaimed, as progressive jackpots are incredibly tough to win this usually means that the prize pool reaches absolutely huge amounts of cash. Many players who have won a progressive jackpot find that their life has been changed, thanks to the amount of money they have been given. Usually, a progressive jackpot will be around a million pounds. Entering a progressive jackpot is not cheap, players will have to max bet in order to be eligible to enter. Winning a progressive jackpot is also much easier said than done, the odds of being able to claim the jackpot are incredibly slim.
Benefits of Progressive Jackpot
Many players enjoy entering a progressive jackpot despite the slim chances of being able to win it. There are many reasons as to why this is.
- Excitement. A progressive jackpot offers players edge of your seat action, the knowledge that your next spin could result in you winning a life changing sum of money is something which adds to the tension of the game.
- Bigger prizes. One clear benefit that comes with entering a progressive jackpot is the size of the available prizes. Progressive jackpots are the only way to win huge amounts of money in slot games. As the jackpot is hard to win, the overall prize is often in the millions!
Drawbacks of Progressive Jackpot
Despite their popularity, some players feel that the drawbacks outweigh the positives when it comes to entering a progressive jackpot.
- Costly to enter. A progressive jackpot is not cheap by any means, players will typically have to max bet to even be eligible to enter. The slim chances of winning mean that players are unlikely to see a return on their investment as well. If you are a player who has a smaller bankroll, it is probably wise to avoid entering a progressive jackpot because you won’t have the proper funds.
- Unlikely to win. One of the biggest allures of a progressive jackpot is the chance to become a millionaire, however the odds of a player winning are incredibly small. The likelihood of winning also means that players will not see any return of the money they staked.
Progressive jackpots are incredibly lucrative but also incredibly difficult to win. Typically, the bigger the prize pool is the harder it will be to win.