What is a Raffle Jackpot?

The Raffle Jackpot is one of the newest types of prizes to appear on virtual slot machines, and it is being met with wonder and excitement from people all over Canada. As such, it is important to learn how they work, from where the prize pool is collected, and even how you can win if you're interested in giving these awesome titles a shot. They're truly a breath of fresh air when compared to titles featuring hard-to-win progressives and meager $500 in-game prizes, and since they don't cost very much to try, it's always worth a shot.

In a nutshell, a Raffle Jackpot is a lot like one that is progressive in nature. Individuals who place even the smallest bets possible on penny machines, which are of course $0.01, will receive one ticket into the drawing. This means that every single penny that is spent equals one ticket, so a single wager of $2 on a spin will rake you in 200 tickets! In this manner, funds are collected from everyone who invests into these games across an entire network and the prize pool continues to build until someone strikes it rich. Now, it is important to mention that these prizes aren't as large as a traditional progressive prize, but they do provide the opportunity to win a couple thousand dollars for doing nothing more than enjoying something you were going to do anyway. Another difference is that rather than requiring people to place a maximum per-spin wager to qualify, the tickets are placed into a pool. Then, drawings occur at certain times and each one of these entries has an equal chance of being selected. The more entries you have, the better your chances of winning.

Although the Raffle Jackpot is still a new concept and it has yet to really take off worldwide, you can find out what it's all about at Party Casino. There are plenty of bonuses and promotions to help you get started, including their lucrative 100% up to $750 match that can really boost your bankroll and help you on your path to winning fantastic prizes with these and other in-demand slots.