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Glossary · money

Progressive jackpot

A top prize that grows by a slice of every bet until someone wins it, then drops back to a starting amount, the seed.

In context

A progressive bet can turn in the player’s favor once the jackpot is large enough. The jackpot at which that happens is the bet’s break-evenmathBreak-evenThe point where a bet’s expected value is exactly zero, so neither side has an edge. Usually a payout or a jackpot size.Read full → point.

Did you know

Roulette Royale, an online game, made its $1 progressive bet compulsory on every spin. With the jackpot at $40,000 it cost about 34 cents of each dollar.

Related terms

VariationsRoulette Side BetsVariationsLet-It-Ride and Jackpot Bets
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