|Online gambling, already a multi-billion dollar industry, reached a new height of popularity when players from around the globe began logging on for a chance to win the Largest online progressive jackpot ($372,000) in the Internet’s short history. |
A spokesman for InterCasino.com (www.InterCasino.com), home to this mega-jackpot, is thrilled at his customer’s response to the big payout machine. “Our players have never been more excited about the game before now. We have had big players and big winners in our casino before, but lately I think that we are getting more off-line slot players logging on for the shot at the bigger online jackpots. Our online machines are definitely proving that they can stand up (in popularity) to the off-line machines in Las Vegas.”
The slot machine that is bringing traditional casino players online is called “Rags to Riches” and is billed by InterCasino.com as “Your Best Bet in a $1.00 Slot”. According to the company, Rags to Riches has become the standard for online high stakes slot players. The machine maintains the status of a mega-jackpot payer by guaranteeing winners a minimum progressive prize of $100,000.
InterCasino.com is one of the most popular casinos on the internet and not only offers the Rags to Riches machine, but two other online progressives each with jackpots into thousands of dollars.
Part of the draw on a progressive jackpot is that once it reaches a certain value, it is statistically due to pay out. If you perform a statistical standards test on Rags to Riches today, you will find that the payout was due some time ago. That means that mathematically, if a player could seize the jackpot and only play it themselves, their eventual jackpot reward would be far greater than their expense to win it. This boils down to the jackpot being there for the taking either for a veteran online player or for a newly converted off-line player.