When it comes to winning big jackpots, bingo is the game many people consider. Not only is the game very simple and easy to play, it also offers big cash prizes for the winners. The fast paced lifestyles of people have increased the popularity of online bingo sites, which offer the convenience of playing from home or wherever you are. In online bingo, there are three major forms of jackpots that you can get your hands on. They are the regular game jackpots, progressive jackpots and the coverall jackpots, which are exclusive to this particular game.
As the name says, a standard bingo game jackpot is offered on a specific game. Usually, only select games on a site are offered jackpots. The amount of jackpot depends on the number of tickets sold, the price of each ticket and also on the site that you have opted for. Of the total money collected from sale of tickets, a certain percentage is set aside for the operational costs of the site, and the remaining is divided between the prizes and the game jackpots.
The coverall jackpots are exclusive only to bingo games. This jackpot is offered only for coverall games, in both the 75-ball and the 90-ball variant. This type of jackpot is usually very big in the beginning. As the count of numbers being called increases, this jackpot decreases significantly. For instance, a site could offer a jackpot of 5000 in the beginning. After 40 numbers, the jackpot is reduced to 1500, and after 50 or 60 called, it could go down to less than a thousand or even 500.
A progressive jackpot is a networked jackpot, and is linked to multiple bingo games played over a period of time. These jackpots are offered for most bingo variants, including the 75-ball, 90-ball and also quick or 30-ball bingo. Usually, progressive jackpots are offered when a player successfully marks all the numbers on the ticket or card within a certain number of calls, after which the jackpot is carried over to the next game. Unlike the coverall jackpots, the progressive jackpots keep increasing with every game and can run into millions at times. Although the chances of winning bingo progressives is not very high, you can win a huge cash prize if you get lucky.
Guaranteed jackpots are offered on individual bingo games. Unlike the standard game jackpots, these cash prizes are predetermined, irrespective of the number of players, the cost of each bingo card and the total amount collected. Whether there are 10 players or 50 players, the amount you get through this jackpot usually remains the same. Also, the cost of ticket for such games is not very high either.
Usually, the number of players in such bingo games is pretty high, which means the chances of you winning is very small. However, if you are lucky enough to find a game with lesser number of players, you could win more by spending very little.
As the name says, a standard bingo game jackpot is offered on a specific game. Usually, only select games on a site are offered jackpots. The amount of jackpot depends on the number of tickets sold, the price of each ticket and also on the site that you have opted for. Of the total money collected from sale of tickets, a certain percentage is set aside for the operational costs of the site, and the remaining is divided between the prizes and the game jackpots.
The coverall jackpots are exclusive only to bingo games. This jackpot is offered only for coverall games, in both the 75-ball and the 90-ball variant. This type of jackpot is usually very big in the beginning. As the count of numbers being called increases, this jackpot decreases significantly. For instance, a site could offer a jackpot of 5000 in the beginning. After 40 numbers, the jackpot is reduced to 1500, and after 50 or 60 called, it could go down to less than a thousand or even 500.
A progressive jackpot is a networked jackpot, and is linked to multiple bingo games played over a period of time. These jackpots are offered for most bingo variants, including the 75-ball, 90-ball and also quick or 30-ball bingo. Usually, progressive jackpots are offered when a player successfully marks all the numbers on the ticket or card within a certain number of calls, after which the jackpot is carried over to the next game. Unlike the coverall jackpots, the progressive jackpots keep increasing with every game and can run into millions at times. Although the chances of winning bingo progressives is not very high, you can win a huge cash prize if you get lucky.
Guaranteed jackpots are offered on individual bingo games. Unlike the standard game jackpots, these cash prizes are predetermined, irrespective of the number of players, the cost of each bingo card and the total amount collected. Whether there are 10 players or 50 players, the amount you get through this jackpot usually remains the same. Also, the cost of ticket for such games is not very high either.
Usually, the number of players in such bingo games is pretty high, which means the chances of you winning is very small. However, if you are lucky enough to find a game with lesser number of players, you could win more by spending very little.
About the Author:
Alastair is a veteran player of no deposit bingo games, and all types of slots and bingo strategies. That and he likes to travel from place to place the world, making pit stops to play online bingo games in order to afford the next leg of his trip.
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