Online bingo remains one of the most popular games online. There are hundreds of bingo sites online and new games at social networking sites like Facebook have been a huge success. Many online bingo players are looking for ways to maximize their winnings. Playing games with progressive jackpots are one-way online bingo players can get more bang for their buck. Since most bingo players are not hardcore gamblers, they may not know how progressive jackpots work. Most gambling games offer progressive jackpots of some sort. Many bingo sites feature slots with progressive jackpots as part of their side game selections. BingoHouse has a primer on progressive jackpots in the bingo world – for a detailed explanation. Below is a summary in my own words.
As the name implies progressive jackpots are those that continue to progress, or grow, in value. If a progressive bingo game is played and there is no winner, the jackpot ‘progresses’ until there is a winner. The more players participating in the game the larger the jackpot will be. Progressive jackpots are not limited to bingo games. At networked bingo sites, the jackpots can get huge due to the number of players in the game. Most bingo sites are part of a network. A bingo network shares the same software, games, and playing pool. There may be as many as ten networked bingo sites participating in a progressive jackpot game.
Progressive bingo jackpots are very similar to lottery jackpots. Lottery jackpots ‘roll over’ until someone selects the right numbers. The jackpots roll over after each drawing and growing weekly. Recently one lottery jackpot exceeded a half-billion dollars because of so many jackpot rollovers.
Progressive jackpots provide the highest payouts for players. After a winner is declared the jackpot is reset and the cycle repeats itself. In general online bingo sites are able to offer players bigger jackpots than those found at land-based bingo halls. There is one drawback to progressive jackpot games. Since more players are participating in progressive jackpot games they are much harder to win. The upside is that since bingo games are totally random each player has an equal chance of winning the jackpot.
Some side games at online bingo sites offer progressive jackpots. One of the most popular progressive slot games is Mega Moolah. Generally, Mega Moolah jackpots are well over a million dollars and the game has created several newly minted slot millionaires. Progressive jackpots add an extra touch of excitement to online bingo games.