Understanding Online Bingo Jackpots

Have you ever been to Las Vegas?

If so, then you may have noticed that there all different types of gamblers. They come from all different walks of life and might have extremely different backgrounds.

Although this is true, many of them understand how to gain an edge when gambling. These people understand all about playing the odds. Some people can count cards, others are mathematical geniuses who excel at gambling due to those skills, and some people just seem to be “just plain lucky”.

No matter whether you are any of these things, you can play a more valuable game of online Bingo simply by understanding online Bingo jackpots and how they work.

As with most games, playing the odds can help up your chance of winning. Although Bingo numbers are chosen totally at random, it can help to understand how to “count cards”, Bingo cards that is, when playing.

For example, if there are 100 people playing with 1 card each on a website, you have a 1% chance of winning. Let’s say for the sake of easy mathematics that you are playing with 3 cards, while there are only 30 cards on the site being played. You now have a 10% chance of winning the jackpot. This is a very important concept to grasp when playing online Bingo. You have a better chance of winning by playing more cards, but remember that you shouldn’t play to many unless you are experienced enough to keep track of them.

On any given site, you should be able to tell how many cards are in play. According to simple statistics, it is better for you to play when there are a smaller number of players due to the fact you have a greater chance of winning. Many people find that if you play early in the morning or late at night there are less people playing. This is not always the case, as many may think this, so a good rule is to just check the websites randomly and play when you notice it is a smaller group of people.

Also, the weekends are not one of the best times to play if you are trying to find a smaller group because they seem to be flooded with those who are unavailable to play during the normal work week.

In Las Vegas or at any gambling casino around the world, you may also have noticed that the more money you spend, the more you tend to win. This is not always true, but it often seems that way. Many people who gamble will tell you that when you begin winning you should cash out and move to another slot, etc.

Others tell you that when you start winning to continue playing and spending your money because the casino, or website, will want you to continue playing, hence they will help by making sure you win.

Hmmmm…Unless you’re an insider at one of these sites or casinos, we may never know! It is truly your choice and just depends on the strategy you personally have, although it is suggested by most that to win online Bingo jackpots you should move from online room to room to enhance your chances of winning.

If you are playing in one of the websites that offers progressive jackpots, the above mentioned information really doesn’t apply. Progressive jackpots are exciting because they are often enormous and contain a large amount of money.

The only thing about these progressive jackpots is that it is not always guaranteed that someone will win. Once again, this is a personal choice. You may find that playing progressive jackpot Bingo is exciting because you have a chance to win such a large amount or you may prefer sticking to the lesser amounts that are guaranteed won with each game played.

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Popular Microgaming Jackpots

The first progressive slot by Microgaming was Cash Splash which was created in 1998, exactly 4 years after the company was established. It is still a popular progressive slot that is enjoyed by gambling enthusiasts. Video Slots, Classic Slots, and Progressive Jackpot Slots are three common slots offered by Microgaming online casinos. Video slots are different from the traditional slots because it has additional pay lines. The normal slots have fewer pay lines where as the video slots can have up to 50 play lines. Although one has to spend more when playing video slots, his chances of winning is higher because there are more play lines offered for him to play at.

MicroGaming Progressive Jackpot Slots are much sought after by players because of the huge payout it gives if one wins. The jackpot can be worth millions because each time a player plays the slots, a small percentage of his wager is collected into the progressive jackpot slots and the amount keeps building up as more and more players play. Winning the jackpot can takes months or sometimes years. But whoever wins will come into a lot of money in the range of millions. Major Millions is a popular MicroGaming progressive jackpot slot. There are two types of Major Millions slot games and a player has to open a Real Player account to enjoy playing these slots. The jackpot starts at $250,000.

Major Millions 3 reel, 3 pay-line, and 3 coin slot machine. A player has to wager 3 coins in this type of slot. If he wins, a player will receive 15 coins for the 3 coins he wagered. Major Millions 5 reel, 15 pay-line and 15 coin video slot machine This type of slot is more advanced than the 3 reel, 3 pay-lines and 3 coin slot machines. A player has to wager 15 coins in each play. Major Millions 5 reel, 15 pay-lines and 15 coin video slot machine can only be played at casinos that use the Microgaming Viper software. The Major Millions logo is known as the wild symbol. A player can use the wild symbol as a combination with the other symbols in the slot to increase his chances of winning.

Microgaming jackpots are popular because of the huge jackpots it offers its players. Whenever someone wins the jackpot, the amount always resets back to $250,000 which is another reason that players find this type of slots worth playing at. Microgaming casinos also offer its players a safe and secure environment for playing and safeguards their personal information from third parties which is another reason why people tend to play at these casinos irrespective of whether it is the slots, card games or roulette games they choose to play.

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Gambling Debt Is Gambling With Debt

No matter which way you look at debt, it is still debt. However, unlike the more conventional impression of debt being something that happened because of a home mortgage, car payment or credit card usage, gambling debt is unique. The number one difference here is the temptation to continue gambling, hoping to hit the big one and then pay off all that debt accumulated due to gambling in the first place. The fact is, the odds are definitely stacked against anyone accomplishing this goal.

In a similar manner, those who continually run up credit card debt buying clothes, furniture and other electronic gadgets will never find themselves out of debt. If there is any hope of them one day getting out of debt, the first thing they need to do is stop over-spending. In like manner, this is what the gambler must also do. They must stop gambling in order to truly solve their debt problem.

Unfortunately, unlike those who spend money in order to have things, the gambler looks at their gambling in a different light. If they have lost money betting on horses or at the casino, they often think that their luck is about to change. All they need is that one big jackpot and they will then be living on easy street. They often convince themselves that all their efforts to win are about to pay off, so they continue to go deeper into debt gambling.

As is often the case, the individual begins their gambling problem in a small way. It usually starts with buying lotto tickets, playing bingo or placing bets with co-workers on their favorite sports team. Even though they lose more often than they win, the euphoria that overtakes them whenever they do win compels them to up the stakes in their gambling adventure. They soon begin visiting the race track, betting on horses or dogs, or they make the trip to the local casino for a little slot machine fun. The bottom line here: they begin to lose more than they win back and the debt begins to grow.

Even though they fully recognize the debt they are getting themselves into, they still believe they will one day win the big payoff and will be able to get out of the debt mess they are currently in.

Another aspect of this dilemma is purely psychological. Because no one wants to feel stupid or made a fool of by others because of their propensity to waste money gambling, they often justify their actions by making themselves believe that they will beat the odds and sooner or later hitting the big win will have made it all worthwhile.

The gambling industry doesn’t make it any easier with mottos such as “Lotto does good things” and “If you’re not in it, you can’t win it”. It can make the perpetual gambler think that, even if they continue to lose, at least they are ‘contributing’ to a good cause that benefits the community.

Even though this all makes sense, in the heart of the gambler they know they have a problem. They know that the casinos and other forms of gambling wouldn’t be in business very long if they lost more money than they won. The odds are clearly in favor of the gambling industry and the gambler instinctively knows this.

However, one of the cruelest things to happen to any gambler is to see the occasional big winner. That is often enough to keep them playing the game, hoping that they will be the next big winner. In truth, the very small numbers of instant millionaire jackpot winners are simply being used by the gambling industry to keep the rest of the gamblers going for broke.

The reality is this: in order to get out of gambling debt, the gambler must forsake one dream for another dream. Instead of dreaming about hitting the big jackpot and ending up on easy street, the gambler needs to come to the conclusion that the odds are clearly stacked against him, and this will never happen.

Accept that you are not going to realize a profit from all of that gambling. Admit to yourself that, even if you did win something, you will always lose it back in an attempt to win even more. The bottom line is, as long as you believe you can see a profit from gambling, you will never stop.

Begin to educate yourself by reading books that reveal the true statistics of the game to understand that no one can truly beat the casinos in the long run. You could even research the lives of those that have hit the lotto and see how their lives have turned out. You will soon discover that most of them are miserable, often suffering from depression, divorce, drugs or alcohol, not able to properly manage their unexpected riches, soon to be found poorer than ever, their self esteem gone as well.

The next step is to cease gambling in all its forms. It may require you to request being banned from casinos and race tracks. You will also benefit by canceling any accounts with a bookie or other sources of gambling. It will also mean that you must stop betting with friends and co-workers on potential outcomes of sports matches. You will even need to stop purchasing that occasional lottery ticket, even when it is at a new record amount.

By doing so, you can now use that money you were spending on gambling to start getting out of debt. Instead of thinking that you can buck the system by winning the jackpot and then paying off your debts, take that mindset and apply it towards really winning the big one by paying off your debts the right way. When you are willing to get out of debt through hard work and discipline, only then will you truly be the winner!

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