Baccarat isn’t the first casino game that comes to mind with regard to big jackpots. Instead, it’s a table game that offers consistent payouts over huge wins.
However, progressive baccarat can feature big jackpots. It provides the thrill of chasing huge prizes while also enjoying one of the most-classic table games.
The following guide discusses the main points on how progressive baccarat works. It also details what you should consider when playing this game.
Play for a Huge Jackpot
This prize continues growing until it’s won. Therefore, a baccarat jackpot with longer odds of winning grows larger on average than one with better odds of hitting. The online jackpot from Playtech seeds at $50,000 and is worth $94,378 at the time of this writing.
While it doesn’t make much difference to you when you hit a jackpot playing real money baccarat, you should know how seeding works. While the casinos claim to seed the jackpot with the starting amount, the way that most of them seed jackpots is with a part of each bet made on the game or wager.
As an example, if the jackpot grows 50 cents on every wager made on the game, the casinos is collecting 60 cents with 50 cents going toward the jackpot and the other 10 cents going toward the next seed.
Don’t make the mistake of believing that the casino is losing money on baccarat jackpots, or any other jackpots in the casino. All casino game jackpots are paid for in full by the money you and other gamblers risk on the game or wager.
Make the Side Bet
Most casinos only require you to spend $1 on the side wager. That said, many progressive baccarat players place this optional bet no matter what.
Odds of Winning the Jackpot
Available at Land-Based and Online Casinos
Baccarat jackpots aren’t widely available across the gaming industry. Nevertheless, you can find them at select online and brick-and-mortar casinos.
Playtech is the only developer that I know of that currently offers a progressive baccarat jackpot. You’ll need to find online casinos that carry Playtech software to go for this prize. Unfortunately, this software isn’t currently available to the US and many other countries.
What Are the Best Aspects of Jackpot Baccarat?
You’ll enjoy multiple benefits when chasing jackpots in baccarat. Here are the main advantages to going after these progressive prizes.
The progressive version, however, gives you an opportunity at gambling riches without playing high stakes. You can place your $1 bet and go for the huge payout.
The Jackpot Bet Is Cheap
Of course, progressive baccarat jackpots can be expensive as well. It can also be cheap, though, if you want it to be.
First off, the side bet is usually only $1. Some land-based casinos may charge $5, but this isn’t as common as the dollar wager.
Play for Big Jackpots Online
Again, Playtech is the one the developer that’s offering the progressive version at this time. You’ll find progressive baccarat at any of their casinos.
Hopefully, other developers began providing this game. When this becomes the case, you’ll have even more options and potentially larger jackpots to choose from.
What to Watch Out for With Progressive Baccarat
You can see that this game offers some thrills thanks to its large jackpot. However, you’ll want to keep the following points in mind before seeking out progressive baccarat.
Low Odds of Winning Big
On the other hand, you should never go into progressive baccarat expecting to solve any financial problems. You’ll realistically need to log hundreds of thousands of hands before winning the top prize.
Drains Your Bankroll Faster
You might not think that adding a dollar side bet on top would make a huge difference. However, it can cause you to burn through your bankroll faster.
The biggest problem is that you won’t normally realize any wins from the side wager. Therefore, you’re basically throwing an extra dollar away on most hands.
Many gamblers enjoy playing baccarat. That said, it seems logical to assume the progressive version could become more popular in the future.
For now, though, it’s relatively obscure. Only one online developer offers this game, while most land-based casinos don’t include it among their table game jackpots.
That said, you’re not going to find jackpots for this game as frequently as with Caribbean stud or Let It Ride. You’ll have to put some time into locating a progressive version.
Jackpot baccarat may not be the most-common table game. It does exist, however, and it lets you enjoy this game with a huge payout on the line.
You can also play progressive baccarat in certain brick-and-mortar casinos. Land-based venues may feature even bigger jackpots.
Of course, you should always be aware that your odds of winning the top prize aren’t great. Provided you’re fine with this aspect, though, then you should really enjoy playing progressive baccarat. Furthermore, you’ll at least have a better chance of winning a baccarat jackpot versus a slots jackpot.