When it comes to prize pools, bingo payouts are some of the best around, closely following lottery draws. But, how do you calculate these payouts and get the most out of the game? We’ve put together this guide to help any player get the best payout possible at bingo halls or online casinos.
To start winning, you’ll need to get to grips with the game (we have more guides on that) and have a bingo calculator handy. Then, you can start playing at our recommended sites and start winning. Or, continue reading for some expert tips to getting an edge over other players.
Generally, there are two types of bingo payouts at online casinos and halls. These are called preset and progressive jackpots. Both categories offer you big bingo prizes, but they do differ slightly in the long run. So, let’s take a quick look at what they mean for you.
Progressive Jackpots
By definition, this type accumulates a prize pool over several games and won’t stop growing until it’s won. Then, it will reset, and the next lucky player can try to win. Usually, progressive games are offered for 75-ball and 90-ball games.
To win, you’ll need to match a certain number of balls as they’re called out in the game. For example, a bingo website could require you to match 45 numbers over 45 games to get the jackpot. You can buy multiple tickets to improve your chances of winning and the total pool.
Bingo Payouts: Preset Prize Pools
Meanwhile, pre-set jackpots are specified prize pools announced before a game. These jackpots won’t increase and won’t be affected by how many tickets you buy. Also, every number called is tied to a jackpot amount.
Here are some examples:
You call bingo on 42 numbers to win the jackpot worth $25 000 with the preset requiring precisely 42 to win.
If you call bingo on 43 numbers, you’ll get 20 000.
Or, you call bingo on 44 numbers and get $15 000.
Or, you call on 45 numbers to get the lowest probable qualifying amount for $10 000.
So, if you don’t reach any of the larger preset prizes, you get $5000.
How to Deposit
To win real money, you’ll need to pay in real money. At web casinos, you’ll need to follow these steps:
Sign up for an account and verify it.
Go to the payments page and click on your preferred option.
Connect your payment method to the casino.
Make a deposit using the bonus code.
Wait five minutes for your funds to come through.
How to Get Bingo Payouts
To get bingo payouts quickly, we recommend picking a trusted withdrawal method. In short, this will be the fastest way to start enjoying your winnings. Generally, credit cards and Bitcoin are offered everywhere, so set up those first.
Then, follow these steps to cash out:
Go to the banking page and select withdrawal.
Type in the amount you want (but make sure it meets the casino’s terms).
Check that you have enough left in your account for fees.
