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Can Online Bingo Make You Rich?

| Published on April 22, 2012

Can Online Bingo Make You Rich?
Those who have ever really tried their hand at on line bingo will know that they have some huge jackpots to play and a few of the jackpots are for life-changing quantities of money.

Actually, over a dozen online bingo websites are providing players the potential to win an incredible number of dollars/pounds. But bingo websites are now urged to become more honest about the probability of their players winning such huge sums.

888Ladies recently received a large degree of press attention using its' Golden Ticket promotion. This was advertised as having, approximately, a jackpot of £5, 000, 000, with the absolute minimum win of £50, 000. Suffice to say that, throughout the game, the jackpot diminished to £50, 000, and everyone was outraged about this massive drop.

888Ladies landed themselves in big trouble due to how they advertised their Golden Ticket promotion. A complaint was levied from the site to the Advertising Standards Authority concerning the website's stipulated likelihood of winning.

The Advertising Standards Authority ruled in support of the players, stating that the advertisement used by the bingo site was misleading. They concluded that £5, 000, 000 might have been won, but the likelihood of doing this had been over-exaggerated.

To win, a person would have needed to bingo within 24 calls. As those who have ever played on line bingo know, the chance of doing this is ridiculously small. Within an average 75-ball game, a bingo usually comes between 50-65 calls.

As a result of misleading advertising, the ads were barred, which was largely irrelevant to 888Ladies Bingo though, because the promotion had finished months prior to the ban!

These problems raise a fascinating question though; are you able to actually become rich from playing on line bingo?

Nearly all websites that provide million dollar/pound jackpots operate in an identical fashion to 888Ladies. It is certainly possible to win these jackpots, but the probability of doing this is extremely small.

The games follow the coverall pattern, meaning you need to get every number in your bingo card to be able to win, each one of these should be covered within 24-26 calls, making chances of winning excessively small. Chances of winning are similar to the likelihood of winning the lottery.

The games continue to be a good idea though, and the prizes never normally fall below £50, 000. For each number that exceeds the 24-26 calls, the £5, 000, 000 jackpot falls by something like £100, 000. If you bingo at 36 calls (more likely, but still rare), you'd still win £4, 000, 000.

But, with nearly all on line bingo players, their enjoyment originates from the social side and the excitement to be found in the overall game; it's not about the jackpot.

When you're playing for an enormous bingo jackpot, it's highly unlikely that you'll ever win. Should you ever actually manage to do this though, remember that it's a once in a life time occurrence!