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What do You Win Playing Online Bingo?

It’s fair to say that most people play bingo for fun. People of all ages enjoy playing bingo and there is now a huge choice of bingo sites and games on offer. But one thing is for sure, it’s much more fun when you win! So in this article, we are going to share some info on what you can win, how to cash out your lucky winnings and how to improve your chances of winning.

What You Can Win?

With online bingo the most common winnings come from the cost of each ticket, the number of players in the game and how many tickets each player has purchased. Each purchase results in a portion of the ticket price going into the prize fund and in some cases, some of it going to the progressive jackpot. As a consequence, this means that the prize in each game varies depending on the number of tickets sold.

Some bingo sites have rooms with ‘seeded’ pots. which means that they set the prizes at a specific level based on the price of the ticket. So there may be a lower level for the prize, however, if a lot of players buy-in the prize pot can become higher.

Many sites run guaranteed jackpot game that often has high prices. More often these are run as promotional games on a weekly or monthly basis and offer the chance to win some big money.

The progressive jackpots are often harder to win with some bingo sites setting the number of calls required to win their progressive jackpots at different levels. So if a site is offering a progressive jackpot on say, 40 numbers, it will be won quite often. Those sites that set the progressive jackpot at a lower number lower than this, will give it away less often.

How To Cash Out Your Winnings

There was a time when it was difficult to retrieve your winnings from some of the online bingo sites. However, times have changed and this is not the case any more. All the reputable sites have removed the high minimum withdrawal limits that existed once and now you can usually withdraw any winnings from just £10.

There are some bingo sites that don’t have any wagering requirements on any bonus funds they give out, but there may be restrictions/ caps on the amount you can win with the bonuses. The very best sites to play will have no wagering and no cap on winnings. So they are often the sites to look out for first!

If a bingo site does have wagering on its bingo bonuses these will often be anything from 1x the bonus to 6x the deposit and bonus added together. So if, for example, you deposit £10 and get a £10 bingo bonus your wagering could be anything from £10 to £120.

It’s important to check even the basic terms and conditions of each site as the wagering requirements should be clearly noted. Here at Big Bonus Bingo we always indicate the main terms and conditions for you to be able to check.

How To Improve Your Chances of Winning at Online Bingo

So how do you increase your chances of winning at bingo? Well, here are some simple pointers that might get you on the right track:

Try to play when there are fewer people online – peak playing times means that there are more people who could get their numbers before you do.

The more cards you have the better your chance of winning – whilst it’s very important not to get carried away and always play to your budget, buying more cards will increase your chances of winning. Let’s say everyone playing has one ticket or card each, that means everyone has an equal chance. However, if one person has ten cards they have ten chances as opposed to the other player who has one.

Always play at a reputable Bingo site, or chose a New Bingo Site – as they will meet the strict guidelines set by online legislation. They will also provide you with great benefits and support should you need any assistance. Plus, all of these sites offer various bonuses, which means you could be onto a winner before you have even played your first game.

Be social in the online Bingo community –  it’s amazing what you can learn from the others who have been playing there for a while. Valuable tips and tricks can go a long way indeed. Plus lots of the chat forums provide random prizes or bonuses that give you a completely new way of winning.

In Summary:

Check out the possible winnings that are available to you from the online bingo site… is the pot “seeded”, is the jackpot “progressive” or guaranteed?

Don’t forget to read the terms and conditions to check if there are any wagering requirements.

And whilst bingo is a game of chance, there are a few strategies that make your experience much more fun and lucrative!