Today, online jackpots work on a much larger scale at crypto casinos (I will go into more detail about the different kinds of jackpot prizes a bit further down).
The way jackpots work nowadays, at its simplest, is this: a portion of every wager contributes to the jackpot pool, which continues to grow until one lucky player triggers the win. This can happen randomly, or by landing a specific combination of symbols. Some jackpot rules will require you to place a maximum bet to qualify for the top prize.
So, to recap:
Origins | Derived from poker, where the pot would roll over until a player had a qualifying hand. |
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Growth mechanism | A portion of each bet contributes to the jackpot pool. |
Winning conditions | Jackpots are triggered randomly or through specific in-game requirements. |
Player eligibility | Some jackpots require a maximum bet to be eligible for the top prize. |
What makes them so popular? Their unpredictability and the potential for huge payouts from relatively small stakes are the big attraction here. Granted, the odds of snagging the top prize are often slim, but the possibility of walking away with a massive windfall keeps even the most cautious players coming back for more.