Bitcoin Progressive Jackpots
If you’re a bitcoin gambler who wants to have a chance at winning an absolutely enormous jackpot, you want to be playing one of the many bitcoin progressive jackpots games. As players around the globe continue to play one of these games, they contribute to the jackpot and it proceeds to grow and grow until somebody hits it. A progressive jackpot can reach into the millions, which is why they continue to be so popular. Once a player hits it, they receive an extraordinary payout, and the jackpot gets reset back to the starting amount.
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The Rise of BTC Jackpot Games
Progressive jackpots have been traditionally associated with slot machines, but it recent years the concept has been applied to other types of bitcoin games due to their popularity. You now see progressive jackpots in other forms of bitcoin betting on the blockchain such as Bitcoin Video Poker, Bitcoin Poker, Bitcoin Blackjack, Bitcoin Dice and of course Bitcoin Lottery. In each of these games, the concept is the same: jackpots that grow larger as more players wager until somebody finally gets extremely lucky.
Progressive Slots Using Bitcoin
It’s important to keep in mind that while progressive jackpots can have significantly greater payouts than flat tops, or fixed jackpot games, the odds of winning are far more remote. However, as long as you are playing you have a chance, which is enough to entice players to keep putting money in progressives since they were first introduced to the gaming market.
The Benefits of Jackpots on the Blockchain
Usually when you read stories in the newspaper about somebody winning a huge amount in the millions at a casino, the chances are that it was from a progressive jackpot slot machine. Now, with the advent of cryptocurrencies, we are starting to see the online casinos create a new type of progressive jackpot games using bitcoin as the currency. This means the games are able to be verified as legitimate using the provably fair mechanism. It also means you can gamble for the progressive jackpot in complete anonymity if you choose, and if you do happen to be a lucky winner, using bitcoin makes your financial transactions possible more quickly and with less hassle.
Bitcoin Jackpot Slots Tips
One thing that is true about most slot machines and holds true for BTC progressive slots is that, generally speaking, the higher the amount of the bet, the greater your chances are of hitting the jackpot. It is for this reason that knowledgable slots players almost always recommend playing the maximum bet. In land-based casinos, the penny and nickel slots are known for having lower payout ratios.
As with every bitcoin gambling game, always know your limit. Establish a budget for your gambling entertainment beforehand, and do not go beyond that number.
Always stick to the old maxim “Never play with more money than you can afford to lose.”
The Most Popular Progressive Slots
While cryptocurrencies and blockchain-based casino games are a relatively new phenomenon, progressive slots using traditional (fiat) currencies have been popular online for many years. One of the most famous (and usually with the largest jackpots) is called Mega Moolah, made by a software company called Microgaming. The prize in this slots game often reaches well into the millions. Other progressive slots with jackpots in the millions include Jackpot Giant, Mega Fortune Dreams, and Hall of Gods. Although bitcoin progressive slots games haven’t been around nearly as long, over time it is likely that the payouts will reach a similar epic scale.