Bingo Prizes
If you’re new to the game, you might be wondering just why people play. Sure, it’s fun, sociable, and easy to play, but just what is it that gets people so excited? The answer is simple – people love to win, and Bingo gives them the opportunity to do just that. If you’re confused about what’s on offer to win, take heart – this simple, easy-to-follow guide will clarify the issue.
Prize Types
Bingo prizes can take any form ranging from cash payouts to cars and even holidays. If Bingo is used as a fundraiser, which it frequently is, prizes might include more unusual items, such as novelty gifts. Typically though, the prize is a cash amount known as a jackpot, which might be paid out either as a lump sum or as a progressive amount, meaning that it grows from game to game until someone wins it. As Bingo prizes are funded from card sales, the size of a typical jackpot depends on how many cards are sold.
Progressive Jackpots
The Bingo club begins a progressive jackpot game by offering players an attractive starting amount. This type of game is often difficult to win, usually requiring a blackout in a minimal number of balls. Should no one win, the club will add more money to the prize to keep the game going.
High Stakes Games
In recent years, Bingo prizes have moved into the big league, and it is now possible to win huge amounts in a single game, sometimes up to as much as $1 million. As can be expected, these prizes are more difficult to win, and the Bingo player is usually required to do something extra, such as getting a specific pattern within a certain number of calls, or even playing another type of game, such as spinning a wheel. Usually, high stakes games have a number of common features, such as:
- Jackpots that are usually winnable during certain sessions. You might need to play for a set number of nights to win on one of them
- Different formats. The game might be a ‘step game’, in which different amounts are paid out depending on how quickly the winner gets a blackout. It might also be a ‘satellite game’, in which different Bingo clubs are linked to each other via satellite to increase the payout size.
- A lengthier duration. It might take a considerable amount of time to win a high stakes game. It can also take a single game!
Whatever the Bingo prize or format of the game, it’s sure to be fun.
