Question about progressives

[amatrine]

My curiosity has me. I just wonder if anyone knows this.

When someone wins a progressive, is it the casino that pays it out,
or are they all hooked up, to where a third party pays it out?
Just wondering how it works.

Ama

 

[Casinomeister]

It's normally all pooled together. This is one of the reasons progressives are promoted so hard by the casinos. When someone wins one, it's a fantastic PR event for the casino, and they don't take a financial hit. And many of the folks who win these progresives will pump some of the "progressive" money back into the casino.

It's pretty much a win win situation for everyone.

Except those players who "chase" progressives.