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Progressive Slots: A History

 
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Slot machines have made great progress in recent years. In the 1980’s they grew very quickly, and by the end of the decade they accounted for 70% of all casino revenue. This rapid growth is attributed to one fact: the jackpots for slot machines grew tremendously during this time period. Slot machines are also easy to play, and new players were attracted to the possibility of winning huge amounts of money with no previous gambling experience.

There are two reasons that the jackpots on slot machines started getting larger. The first was the invention of the computerized slot machine. Unlike mechanical slot machines, which usually offered only 22 different possibilities on each reel, the new computerized slots could offer unlimited combinations. This allowed the casinos to offer larger jackpots without compromising their ability to make money on the machine because the odds of winning the jackpot were so much lower with the larger numbers of combinations. Even though the odds of hitting the jackpot were so much lower, customers were attracted to the possibility of winning such a large prize.

The second thing that contributed to the growth of the slot machine industry is the linking of several slot machines to each other, both within a casino and among networks of machines across the country. This allowed casinos to share jackpots among networks of machines, for even larger jackpots. Some of these networks started out with guaranteed jackpots of a million dollars. Now, for the first time ever, slot machines were competing with the lottery. Now millions of people who played the lottery regularly saw another chance at having a single stroke of luck change their entire futures.

Progressive slot machines have evolved to include bonuses that help keep people playing while they are working toward that big payoff. There are also smaller jackpots that pay off more frequently, which appeal to players with a little more realistic outlook.

Progressive slots have grown immensely popular among millions of players. These players are constantly hoping to find some tips and strategies that can give them an advantage at being the next winner of the big progressive slots jackpots.

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