Bingo is more than just about entertainment and something to be caught up with to pass the time. Veteran players know that Bingo can give you handsome sums of money with the correct numbers, some strategies, and heaps of luck. Operators can offer great deals for their guests whether you’re playing on brick-and-mortar or in online Bingo.
You can win from £50 to £500 in playing at small bingo halls, or it can surge from £1,000 up to a million pounds or more for high-stakes Bingo. But these figures can change for different reasons, which we’ll discuss below.
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How Much Can You Make With Online Bingo
Online bingo is becoming more popular nowadays, so sites offer different opportunities for their players, especially for the winners. They don’t give cash prizes as payouts; you can also win travel expenses, a brand-new car, etc.
For cash prizes, winnings can range from £50 and surge up to a million dollars, given that you play on reputable websites.
Perhaps the biggest win in an online bingo is the staggering amount of £5.9 million by John Orchard. This 60-year-old former factory worker didn’t expect that the day he played at Butler’s Bingo was the day his life would dramatically change.
Online Bingo games have two types of jackpots, progressive and pre-set jackpots, and the payout percentage can range between 50 to 60% on average.
A progressive jackpot means the prize money can accumulate over time and will continue to increase if not won. The same concept is also used in lotto games. On the other hand, the pre-set jackpots are pre-determined and fixed prizes. That means regardless of how many tickets are sold or how long the prizes remain unclaimed, and the pot prize remains the same.
Strategy
Since Bingo is a game of chance, there’s no assurance you can always win online or on land. However, experienced players believe there are ways to increase your odds of winning.
Bingo sites usually offer great promotions, including sign-up bonuses. That’s why you should always know what’s up for grabs to avail of them. Whether it’s bonus money or tickets, it can allow you to play longer and increase your chances of winning. It’s worth checking how great a site is in giving pot prizes so you’ll know how much you can earn.
You should also avoid playing during hours when more players are online. In online bingo, prize winnings will not change no matter how few are playing. Grab that opportunity, as you’re likely to win with fewer opponents. Fewer people play online during weekdays and odd hours, like early in the morning or late at night.
Above all, you should only play at reputable and legitimate websites, so your money is secured, including your possible winnings.
How Much Can You Make In Bingo Halls
Bingo halls usually determine the pot prize depending on the ticket sales. Tickets on Bingo halls may cost more, or prize winnings are much smaller than their online counterparts. That’s because actual establishments have more expenses, such as hall hire, adherence to strict licensing laws, higher taxes, and other operating costs like building maintenance, electricity, and water bills.
Average Bingo payouts for Bingo halls can start from £200, and the extent can vary depending on the establishment of the event you’re playing in. For example, the South Point casino gave out £16,500 to a player last November 27th of this year.
Meanwhile, one of the most significant wins at a Bingo hall ever is of a Scottish woman, Soraya Lowell. Soraya never anticipated that what seemed to be an ordinary night out with her friends was her lucky night. Playing the National Bingo Game at her local bingo hall Club3000, she bagged £1.2 million. Soraya Lowell is just one of the many people whose lives have been changed by winning huge Bingo pot prizes.
Strategy
If you want to have at least leverage in playing at Bingo halls, you can learn a few strategies to play better.
On top of the list is to ensure you’re physically and mentally ready for the game. Bingo games require great attention and focus, as you might miss your chances to win if your mind goes elsewhere. A good night’s sleep and proper meals should make you stay alert. Also, if you have good focus, you can play with 2 or more cards for better chances of winning.
You can also play smaller games. You’re more likely to win if you have fewer opponents than playing at high stake games with more players you’re up against. Constant small wins will eventually add up and will become huge in total.
While the amount you can earn from Bingo may differ, there’s no question that you can make vast amounts of money through this game. Just make sure you play responsibly and know when to stop.