Some bingo games offer large progressive jackpots as a way of showing gratitude to their loyal players, as well as to attract new people to their site. However, bingo is different from some progressives because in this game, you need to complete the card within a set number of calls before you can win the huge prizes on offer. Bingo with progressive jackpots can be really exciting and rewarding to play.
Why Do Online Bingo Sites Offer Progressive Jackpots?
Some bingo sites provide large progressive jackpots that are available for their players because it gives them the opportunity to serve their clients with the opportunity to win higher jackpots. Most players are already familiar with this, and many seek progressive jackpots as their first choice of online bingo game. To be frank, progressive jackpots can be hard to win, but this doesn’t mean that you can’t win these progressive prizes on a regular basis.
Progressive jackpots steadily grow as bingo players continue to place bets until they result in a fortunate player winning the game. Winning is never impossible. Usually, multiple machines are linked together to form one large progressive jackpot. In this way, it is quicker because many players will simultaneously contribute to the jackpot. The amount of the jackpot is normally shown through a meter as a monetary value. Most of the time, you can win the jackpot by winning the combination with the highest payoff on a slot machine. Once you win the jackpot, it will be changed to a preset minimum level. The amount of the jackpot will increase a small amount, which happens every time you play on a connected machine. The online bingo site sets the incremental increases of the jackpot.
For example, if your house edge is 5%, then a great jackpot contribution would probably be one fifth of the profit that you expect. They prepare this in order to contribute some of the profit of a jackpot linked machine. This is because most players are attracted by a large jackpot which is of course highly motivating for more players to play the game and other reasons.
In order to qualify for the progressive jackpots of some games, you should bet the maximum number of credits per play. All your bets, even if it is not a maximum credit bet, will still contribute to the jackpot. Therefore, a game which requires a 10 credit bet to qualify for the so-called progressive jackpot will give you the chance that your progressive jackpot will level up compared to a game which requires only a 5 credit bet in order to qualify.
Since the progressive jackpot steadily grows, then it’s not impossible for players to reach a break-even scenario. If this happens, then the jackpot bet will become a positive expectation bet for the player with a return to player of greater than 100%. If it is less than the break-even point, then all players will have a negative expected value. But in time, with an optimal strategy, you can make a profit by just simply playing progressive games when your jackpots are above the break-even point.
Many have asked about the advantages of playing these bingo games online with huge progressive jackpots. Some of these are:
- With Progressive Bingo Jackpots, it increases every time you play the game. It gets bigger and bigger until there will be one lucky ‘Roomie’ who will win the prize.
- In these bingo games, there are a lot of possibilities that could prove to be life-changing for players. They can also enjoy playing 24 hours a day. This means they potentially have non-stop chances of hitting the bigger jackpots.
- Like other bingo games, progressive jackpot games can be played anywhere in the world. Just make sure to have what it takes to qualify for the game. And of course, also make sure to have your own computer and a stable Internet connection which is important if you wish to experience winning jackpots with no interruptions.
All of these are made possible for online bingo games because of the main goal and that is to serve bingo fans with the best jackpots they could hope to win. At this time bingo is better than ever because of these excellent progressive jackpots that are growing in popularity. In order to catch the attention of these new players, sites introduced higher jackpots that most players cannot resist with popular online games, Including bingo games.
So what are you waiting for? Experience the fun, and feel free to explore what these games have to offer. Find out how it feels to win real life-changing progressive jackpots by playing online bingo games today.