In the beginning there were no such thing as progressive video poker machines; they only became possible in the early 1980’s when microchips were added to video poker machines machines. Even then it was not until 03 of 1986 that the first numerous site linked progressive slot machines were introduced by the slot machine game manufacturer IGT.
Having the same jackpot being given from a variety of machines (which are often spread across a variety of casinos) means these progressive jackpots can quickly grow to be very big indeed. I have heard of casinos in Nevada where video poker machines players have won over $8 million within a win on a progressive jackpot.
How Progressive Jackpots Work
Progressive Jackpots grow by skimming an amount of money from each and every bet; this means that their payout rate on normal wins (non jackpot wins) is gloomier than that of a regular video poker machines machine. However with the progressive slot gacor jackpot under consideration the payout would be the same.
For example if you were playing at a Nevada casino on a linked progressive video poker machines machine with a fixed $5 bet per spin. Your money could be divided as follows, 25 cents increases the progressive jackpot, $1. 25 goes to the casino and the remaining $3. 50 is paid out in not for jackpot wins. If you were playing a not for progressive video poker machines game at that same casino it’s probably that your money would be divided as follows. $1. 25 to the casino and $3. 75 paid out on wins.
The example above considers the casino has a 75% payout rate, in reality video poker machines at land based casinos typically have payout rates ranging from 70% up to 87%. This is in stark contrast to the online casinos which typically have payout rates from 89% up to as much as 99. 5%!
So at a typical online casino with a 95% pay out rate the money you pay in for a $5 per spin online progressive jackpot video poker machines would be divided up similar to this. $0. 25 for the online casino, $0. 25 added to the progressive jackpot and the remaining $4. 50 is paid out in not for jackpot earnings.
Given these statistics it is not hard to see why many hard core video poker machines players are now playing online from their computers.
Online Progressive Jackpot games
So independent of the free drinks playing online sounds more good quality as a player (in that you should win more). However I have already said what size jackpots can be at land based casinos so your next question is no doubt going to be precisely how large are progressive jackpots at online casinos? The answer fot it is that they are growing all the time, the current record is $1. 76 million and interestingly this also slot machine game that paid that out in November 2005 currently has a Jackpot of over $3. 5 Million and still rising! The video poker machines game in question is millionaires club progressive jackpot position and when this jackpot is eventually won it is going to set a new record for being the highest progressive video poker machines jackpot of any online casino to date.
I have no doubt that even with that has been won a new record will be set within a space of less than a year, the rate at which progressive jackpots online are growing is amazing, only a couple of years ago a jackpot of a little over $1 million held the record. It is my opinion that sometime next year or so the highest jackpots will be being paid right out of the online casinos.
So how do you choose a winner?
Choosing which progressive jackpot to play is really not all that complicated. Once you know what the progressive jackpot starts at, what its highest payout was and what its average payout amount is. There are a number of video poker machines sites that offer you this information including the any of the progressive jackpot reviews at slotsjam. com.