This is how Jackpot works: At least two players deposit their skins in a so-called “pot”. Each player gets a ticket for each 0.01$ value they deposited. For example, Player 1 places 10 skins valued at 11.67$ and Player 2 places 5 skins valued at 7.35$. Player 1 gets exactly 1167 tickets and Player 2 exactly 735 tickets. Now the Jackpot website picks one ticket and the owner of the winning ticket wins the pot. The more you bet, the higher the chance to win everything. Winning the pot means that the winner receives all skins that are deposited in the pot minus the fee of 0% – 10% fee that the Jackpot website site takes.
You can improve your chances by depositing more value into the pot – which allows you to get more tickets which could possibly be drawn by the Jackpot website.
But play careful, you can lose all your money. Be responsible and play with money you can afford to lose.
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Of course, you can control pots you want to go into a bit. If you don’t want high pots with values over 500$ – 1000$, I wouldn’t recommend you to go to such websites.
Sniping: A good method to win skins is to wait and to join until 15s – 30s before the pot ends. Take care, sometimes you have to confirm your offer manually on the website or Steam is delayed so it can take some time before your skins are deposited into the pot. It’s a good method if you have expensive skins relative to the value of the pot. It can be very effective because you can expect the value of the pot well and nobody should have the chance to react to your deposit directly. Timing is very important – a problem could be that you aren’t fast enough to get into the pot you want and you are the first one in the new pot, which others can use to snipe you with more expensive items. This is called a “fail snipe”.
Baiting: Baiting is a good method to lure snipers out of their corners. It’s a high-risk method and you should do it with two players. The first player deposits some lower value skins at the beginning of the round. Now other players join the pot and in the end, the second player snipes the pot. You can use this to push the pot a bit because most of the players don’t want to deposit first.
Jackpots were one of the first systems that enabled Gambling in CS:GO. People were flashed by the dynamic of the game and the “the winner gets it all” concept. Even the first high pots were around 1000€. At the best times, pots on csgoshuffle.com were about 100.000€ (!).
Most of the times, gambling and Jackpot sites are hosted by anonymous owners. 2016, information about the ownership of csgoshuffle.com were leaked. The famous streamer Phantoml0rd seemed to be part of it. Additionally, a chat between him and his admin was leaked where Phantoml0rd asked for the winning ticket, a sign of cheating on his own gambling site to win huge pots. As a result, PhantomL0rd was banned from Twitch. Here’s the original video about the scandal: