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Jackpot tool and how it affects the profitability of online casinos
The word “jackpot” is found in almost every language of the world and has long been used in everyday speech. Jackpot is associated with luck, fortune, happiness and an unexpected gift of fate. If we consider human life as a game, then the jackpot in it is any joyful event.
- But historically, the jackpot came from the casino. Virtually all gambling entertainment has a casino jackpot or games. In this context, jackpot has a slightly different meaning.
- The word first appeared in the late 18th century, as a term from poker slang. In poker, there is a combination, a pair of jacks, and if anyone in the game gets it, a prize pool is drawn. Now a little English: jack is jack, pot is pot. That’s how the jackpot came to be.
- Other, no less interesting versions are also told. There is a legend that a simple guy from the working class, Jack, won a big score at a casino in San Francisco. In honor of him and named the biggest prize in gambling.
- Jackpots sometimes reach colossal proportions. In 2016, a new record was set: the U.S. lottery PowerBall paid the player 1 billion 568 million dollars. Prior to that, the biggest lottery win was considered the Maryland Lottery prize – $640 million.
- Now jackpots are found in many types of gambling: poker, blackjack, lotteries, slot machines, video poker. For the sake of the jackpot players take great risks and put huge sums on the line. To earn additional income, they are offered to make separate bets on jackpot casinos. Therefore, casino owners and operators who want to attract maximum visitors to their establishments should be aware of all types and features of jackpots.
Jackpot classification
Today, there are many types of jackpots, just like gambling games. In order to win the jackpot, you need a certain card combination, or a well-defined number of symbols on the reel, or it is enough just to be in the right place at the right time.
Progressive jackpot. This is a cumulative version of the fixed jackpot. With each bet made, a certain percentage goes to the prize fund. The amount of deductions and the size of the jackpot is not limited in land-based casinos. You can use email contacts of karamba casino support to ask them for more information about jackpot features in their online casino club. Slots with a progressive jackpot have their own counters, which are displayed on the slot panel. Casino operators benefit from one feature of progressive jackpots: in order to get it, the player must make maximum bets. The chances of winning are small, however, many online casino customers play progressive jackpot slots.
Jackpots in live casinos and card games
Land and online casinos not only have progressive jackpot slots but also card games where you can hit the jackpot. The jackpot is more likely to be won in video poker. The jackpot rarely exceeds $50,000, but players bet high for it, which is very profitable for the casino.