A prize or payout that increases by a small percentage of each unsuccessful wager until a successful wager is made is called what?

• A. Progressive parlay
• B. Progressive jackpot
• C. Point of sale
• D. Player loyalty program

Answer: (B)

A progressive jackpot grows as more wagers are placed on the contributing games. A small portion of each bet is added to the jackpot, so the potential payout increases every time a bet is made without winning. When someone finally hits it, the prize is paid out and the jackpot resets to a base amount to start growing again. This concept fits the described scenario exactly, where the prize climbs with each unsuccessful wager until a win occurs.

It’s different from a progressive parlay, which is a single bet composed of multiple legs whose payout grows based on those legs, not a shared pool across many bets. It isn’t about a sales terminal or a rewards program, which are unrelated to increasing payouts with ongoing wagers.