Local Jackpots

SoftGamings is excited to present an effective solution in the iGaming market — Local Jackpots, which can be seamlessly integrated into any casino website.

What is it?

It’s a powerful tool for attracting new players and enhancing the retention of existing ones.

What are the benefits?

Unique opportunities for operators: fine-tuning the winning amount, the percentage of bets going into the jackpot, and selecting games. The expected GGR increase for clients from implementing Local Jackpots can reach 20-30%.

What are your next steps?

With the use of jackpots, you not only draw attention to popular games but also promote lesser-known ones by utilizing substantial winnings as bait. This opens up vast horizons for your target audience and a new cluster of players.

Mechanism of Local Jackpots

You should bear in mind a couple of things when shopping around for a game aggregator.

Every bet placed in games participating in the jackpot contributes to the formation of the accumulated amount. The system automatically calculates a percentage of each bet, which is added to the jackpot on the site. Importantly, these percentages are not deducted from the players; instead, they constitute the “Residual Jackpot Amount.”
The system randomly draws the jackpot among players who bet on certain games when the jackpot amount reaches a set level. If the odds of winning are set at 1 in 1,000,000, each player receives a random value from 1 to 1,000,000, and the player who receives the value of 1,000,000 wins. It is important to note that the chances of winning do not depend on the size of the bet— all players have equal chances.
The winner receives the total jackpot amount, minus the “Initial” and “Residual Jackpot Amounts.” The payout is made from the site’s balance to the winner’s balance immediately after the results are announced. In the current version of the functionality, only one jackpot can run at a time, and when the system is turned off and then on again, the accumulated amount is not reset.

SoftGamings local jackpots guarantee fairness and transparency of the game, which builds players’ trust in your brand and stimulates activity on the platform.