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Types of jackpots.
The fixed jackpot is the least common. It is simply a very large, but predetermined amount of money that can go to the lucky one. Most often it is played in bingo.
The progressive jackpot is much more interesting. It is he who can reach simply indecent sizes. The principle of its formation is based on the fact that its size increases after each player's bet. For example, if a person plays slots and spends $1 on one turn of the "one-armed bandit" lever, then 1 cent from each dollar spent can go to the jackpot fund. For a player to be able to win it, some incredible combination of circumstances must occur. As a result, the prize can increase in size over several months, reaching huge amounts.
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Interestingly, from the point of view of probability theory, the presence of a progressive jackpot can make the game profitable for the casino client. Indeed, usually the mathematical expectation of winning from slot machines is negative. However, the mathematical expectation is the product of a possible win by the probability of getting it. The bigger the jackpot, the higher the mathematical expectation. As a result, if the prize has become very large, then the theoretical "return" from the machine can become positive.
There are special teams of players who track the size of jackpots in the casino. As soon as it has become so large that, according to the calculations of the team, the mathematical expectation of winning has become positive, players en masse go to the institution where the jackpot is played, and occupy almost all the machines. When a team player gets tired, he is immediately replaced by another member of the team. As a result, ordinary players simply do not have access to the machines at a time when they can bring the greatest profit.
No matter how small the chances of winning the jackpot are, remember that fortune still smiles on someone. Who knows, maybe you will become a billionaire tomorrow?