There’s no denying the fact that winning in bingo is predominantly about luck, but that doesn’t mean there’s nothing you can do to improve your odds and long-term profitability just a little bit. In fact, many people believe that their chances of winning remain the same regardless of the actions they take, which isn’t really true. If you’re ready to move on and become a winning bingo player, you should seriously consider whether your ticket buying strategy and choice of bonuses and promotions are actually optimal in the long run.
Bingo Odds and Tickets
Your chances of winning a bingo game depend on the number of bingo cards that you’ve purchased and the number of cards acquired by the other players. For example, if you have a strip of 12 card in a bingo game with 600 cards, your chances of winning are exactly 1 to 50, because 600/12=50. Quite obviously, purchasing massive numbers of cards increases your chances of winning a single game, which is why most online bingo sites opt to restrict the maximum number of cards than can be acquired by a single player. While not really profitable, abusing the mass-purchase tactic can really upset the other players by making them think that they have no chances to win the pot.
Getting Additional Value in Online Bingo
If you want to play smart, you should consider purchasing your cards in a way that will make your funds last longer. In most cases, the size of the pot is determined by the total amount of cards purchased by all players. In such a scenario, investing more money wouldn’t give you any additional value, as the return on your investment remains the same whether you get 4 cards or 12. The only exception to this rule are bingo rooms that guarantee a predetermined pot size. If the amount of money spent on tickets doesn’t exceed this guaranteed pot, you should consider getting more cards in order to get more bang for your buck. Quite obviously, this won’t happen all that often, but you could definitely earn some additional cash by noticing opportunities of this kind.
Clearing Bingo Bonuses
Unlike land-based bingo halls, online bingo services allow you to take advantage of numerous bonuses and promotions, which allow you to grab plenty of additional cash. However, you should always keep in mind that bingo bonuses aren’t created equal and that the amount of free money you can get isn’t the only thing that you should focus on.
Most bingo sites require you to clear the bonus before cashing out by completing a playthrough. In many cases, this means that you might be required to purchase cards that are worth 20x or 40x the amount you deposited or received from your bingo operator. Quite obviously, you should focus on sites that don’t have strict playthrough requirements – a bonus of $200 might be very tempting, but with a 20x playthrough you’ll be required to wager $4,000 before you’ll be allowed to claim your promotional winnings. On the other hand, a bonus of $100 with a 8x playthrough is probably a better offer, as you’ll be allowed to cash out as soon as you bet $800.
Many bingo sites offer Jackpot wins, which can be worth up to $2,000 or even more. In most cases, the jackpots are funded using a portion of each wager, which never really enters the normal pot. Quite obviously, if a bingo room operates this kind of a progressive jackpot, you should definitely consider playing there whenever the size of the jackpot is above average. This allows you to get plenty of additional value from each bingo card that you purchase, as you get a shot at claiming a massive prize without making a big investment yourself.