Bingo may not compare to slot machines when it comes to big jackpots. However, this game can indeed deliver huge wins.
Case in point, Soraya Lowell once won a bingo jackpot worth £1,167,795 in 2007. Most bingo jackpots don’t quite measure up to this one, but they can deliver five or six figures.
If you’re a bingo player who’s interested in winning big, then you’ll definitely want to check out the following advice. These seven tips cover how to improve your chances of getting a bingo windfall and/or and preserving your money until you’re able to do so.
1 – Play at the Right Parlors and Bingo Sites
Huge bingo prizes aren’t waiting around every corner. Only certain sites and land-based parlors offer large jackpots.
Therefore, you must do some scouting ahead of time before chasing the biggest payouts. If you don’t feel like traveling, you can simply stick to online bingo.
2 – Wait for Progressive Jackpots to Grow
Normally start out being worth six or seven figures. Instead, they must grow through bets placed.
Progressive games take a small percentage out of each wager. If a gambler purchases a $1 card, for example, the operator may take between $0.02 and $0.04 to fund the jackpot.
You can play these games at any point regardless of how much the top prize is worth. However, you might consider waiting for jackpot payouts to grow before playing.
3 – Take Advantage of Better Expected Value
Continuing off the last point, higher expected value (EV) is another benefit you gain by playing for large .
EV refers to how much money you can theoretically expect to earn back based on your bets. In most cases, you’re facing negative EV when considering the operator’s cut.
For example, you might face an 8% house edge when the jackpot is first seeded. But your EV grows along with the top prize.
4 – Bankroll Yourself for Success
Playing progressive jokerslot can be expensive. After all, much of the RTP is wrapped up in the jackpot. If you don’t manage to win the top prize, then you’ll miss plenty of the payback.
Long story short, you want to ensure that you have an adequate bankroll before playing progressive games. Having a large enough bankroll allows you to last longer until you finally (and hopefully) win a huge payout.
The size of your starting bankroll largely depends upon your desired stakes and game. You want more money if you’re going to purchase more expensive cards and play larger jackpot games.
Luckily, though, you can use a universal process for bankroll management. The main things you need to know include your average stakes and the typical RTP for games you play.
5 – Collect VIP Rewards and Bingo Bonuses
Casinos in how they ensure that you receive rewards based on your play. Specifically, you can look forward to both VIP rewards and deposit bonuses.
As long as a site offers a loyalty program, the rewards will start coming in right away. You’ll earn loyalty points based on every card you purchase.
The operator determines how you can spend points. But cashback, which lets you exchange points for money, is a universal perk.
