18 Nov 2004 Related News:Online Slots of Luck: The Internet Craze
But online progressive slots are far removed from the image of those hypnotized legions in Vegas, monotonously clanking the levers and feeding the one armed bandits from their mountain of quarters, with glazed eyes and unchanging expressions. On the contrary, progressives are increasingly popular with people from all over the world, young and old alike, because, quite simply, they offer big money, good odds and low stakes. Many people are finding slot machines a viable alternative to other soft gambling pursuits such as bingo, or buying lottery tickets.
Most progressives offer something approaching 98% payback, which means that, over time, the casino will have a 2% edge, but within this period percentages can vary widely and often rise to over 100% payback. Furthermore, stakes are low considering the size of the windfalls available, and are varied to suit all pockets, ranging from a few cents to around three dollars per play. Theyre not like, for example, the roulette table where one might become seized with an uncontrollable urge to put their life savings on red!
The new breed of online casino takes a responsible approach to gambling, and therefore will set limits on the amounts wagered and monitor excessive betting patterns. Its this attitude which has helped progressives become a mainstream pastime, as the public are able trust online casinos and view them as safe and exciting places in which to stake a few dollars.
Hannah Morante of Slotland.com told us: Progressive slots are the thing at the moment, and its not only because they look great and there are so many different themes and variations. I think its because theyre fun and people know they can play and enjoy themselves without getting ripped-off.
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