What are your chances of winning an online bingo game in 2022? The answer is: probably higher than you think. With all the new games, free spins and Bingotastic new offers out there, there are many ways you can increase your chances of winning.
Now, for the purposes of this article, we’ll be focusing on the types of bingo games out there. We will be using two of the more popular variants of online bingo: 75-ball and 90-ball. You might be wondering why specifically these variants. After all, isn’t online bingo kind of well known for having a boatload of fun and unique variants?
While that is undeniably true, this article is mainly targeted at those who want to improve not just their bingo skills but their payouts. Even if you don’t play online bingo for the money primarily, who doesn’t like earning money? That’s why we will be focusing on 75-ball and 90-ball. More on that later.
In this article, we will cover how you can increase your winning chances in these two variants of bingo, and how you can reliably increase your payout rates.
First up though, online casinos and online gambling, or online gaming as it is sometimes called, have become more and more widespread. This means that online Bingo, while it has and will always be the most accessible of all the online gaming features, has experienced a resurgence of late. With many of us ending up working from home due to the unfortunate pandemic, the feeling of mind-numbing boredom has led to the point where people are even picking up side-hustles just as a form of interest.
In the same vein but a step further, people have discovered: what if there was a way to make money while having fun? Now, a video game wouldn’t do that. In fact, you often pay for video games and get nothing back. This has led to Online Bingo experiencing a surge in popularity.
Regular people who mostly work full time have been entering and registering for online bingo sites en masse, and since most people are familiar with the rules, they can sit down and already start earning. The wonderful thing about this boom is the plethora of new online bingo sites popping up, competing with each other to outbid the new player with more attractive sign-up bonuses and free spins.
Choosing the right modes
Now, why do we choose 75-ball and 90-ball variants of bingo to focus on? Well, that’s because, just like with any form of sport or industry, these are the most standard and predictable variants.
Just like the Bruce Lee quote: “I fear not the man who has practised a thousand punches once, but the man who has played only 90-ball 4-card rooms for years.”
The best players often choose one variant and play it well. Moreover, alternative and offshoot quirky variants often have house edges for the online casinos that come up with them, and there is a reason why the staple variants are proliferated across all online bingo sites; because they earn the user money.
Calculating your odds
Mathematics is cited as one of the most hated subjects in school behind History and Literature. The reason why is that it’s abstract, boring, and doesn’t directly relate to what we see around us. However, that’s flipped on its head when we’re talking about a name literally about numbers.
Online bingo is all about chance and probability. You get a fair dose of luck in the final outcome, so whatever elements are up to chance we ignore, and just focus on maximising that chance.
Bingo is a raffle, not a game
To start making money in bingo, you have to change how you fundamentally think about bingo. Bingo is not merely a game where things happen and you might win. Bingo is sort of a complicated and more fair raffle.
Think about it this way. Say you’re playing in a round of twenty players and you buy one card. That means you have just about 5% odds of winning. Now, say you try running the table, and you buy out 19 cards while the other 19 players just buy one. You’ve increased your chances of winning to 19 out of 38, or just about 50%.
Was that worth it?
Hopefully, when you’re in the mindset of trying to win as much bingo as you can, you ask less of “was that worth it?” and more of “is that worth it?” With a pen and a pencil and a simple calculator app, you can work out the chances of winning.
So in the example above, we increased our odds of winning tenfold, but we purchased 19 times the cards. Meaning per card, we’ve lowered the winning chances from 5% to just under 2.5%. Herein demonstrates the importance of managing risk and understanding how adding the number of cards results in a diminishing return.
So is the answer always just to buy one card? No! If you forever stay at the bare minimum, maybe your win percentage per money spent will be higher, but practically, you will make close to zero. Remember, time is also a resource.
Time is a resource
Ever wonder why people day-trade when the fundamentals of day-trading equities, futures, options, and stocks are so volatile? That’s because these people value time very highly. The same is true with every other online gaming venture: you want to be able to view it three-dimensionally rather than two-dimensionally.
On the axes, you have your money spent and chances of winning. On the last axis is the amount of time spent. This is why you should be finding a sweet spot. Just look at players who spend so much time researching between websites to find the little bit of welcome bonus that’ll inch them over the top. They might have earned 10 extra free spins and five dollars more on bonus rounds but if they spent an additional day securing that, in the meantime, you would’ve already racked up points that far exceed that.
With all that being said, we hope you can see how bingo is at its core, a game of probability and chance. Reasoning out your chances, figuring out why certain rooms have certain requirements, and really doing your homework in general are the only ways you’re going to wind up winning big; not through gimmicky lotteries or welcome bonuses.
We hope you’ve enjoyed this article. Remember to always bankroll responsibly and never gamble money you absolutely can’t afford to lose. With that, play safe and win big!