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Why are progressive jackpots so popular?

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Risk and thrill are the reasons you gamble. Every time you place a wager online, the point of all the strategizing and bellyaching is to see how your bet turns out and how much you possibly win. So, what’s more exciting than the possibility of winning a major jackpot? Below, we look at the sustained popularity of progressive jackpots in the online casino world and why we can’t get enough of them.

jackpots

What are progressive jackpots?

Progressive jackpots are gaming formats where the pot, or potential payout, grows every time someone plays the game. In other words, the pot is accumulative. It grows every time you or another player plays and can be rolled over onto the next day or month until the pot is huge. Some progressive jackpots accumulate to the millions; you never know who might win the pot or when.

Progressive jackpots are most common in slots. However, you can also find them in other online casino games on platforms like Betway, such as video poker and lotteries.

In some cases, several games across different platforms are linked to one jackpot so that every non-winning play raises the pot. This is usually the case when a publisher runs a progressive jackpot. For example, if NetEnt has a jackpot, every NetEnt game or machine could be connected to the pot.

Why do players love progressive jackpots?

The anticipation. Online gambling is thrilling all on its own. However, when there’s a progressive jackpot involved, the thrill levels hit the sky limit. There is a palpable excitement among players because you don’t know who will win the pot or when.

There is also the opportunity for a life-changing win. Because progressive jackpots grow every time someone plays, they can often be worth thousands of dollars or even millions. This is a remarkable amount to win for any player, casual or otherwise.

And because most progressive jackpots are slots, part of the thrill is that the potential reward is so huge for such a simple game to play. Think about it. All you have to do is spin the reels.

Are there downsides to progressive jackpots?

Unfortunately, yes. Because of the thrill, huge potential payout, and ease of play, progressive jackpots can encourage problem gambling. This is when you keep betting even when you should stop because you cannot walk away. Problem gambling often manifests as impulsive betting or addiction. Players may spend money they don’t have, including taking out debts or skipping work or school to bet.

All of these issues can result in financial insecurity, emotional distress, strained relationships with your loved ones, and unemployment or dropping out of school.

For this reason, it’s important to remember that you play progressive jackpot games for entertainment first. You could win or lose, and you must be okay with that.

Finally, are progressive jackpots here to stay?

Yes. Players love them, and operators like Betway love to make players happy. In recent years, regulators have come down hard on casino operators on how they advertise and run progressive jackpots. It’s crucial that a casino emphasize that just because a jackpot is active does not guarantee that you will win it. The idea is to avoid problem gambling, where players keep trying and trying and even take out loans with the hope of winning. Therefore, the key to enjoying these exciting games is simply having fun and playing them like you would any other title. Good luck.

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