Can You Become a Millionaire Playing Bingo?

 

Anyone who has ever tried their hand at online bingo will know that there are some huge jackpots to play. And, because the industry continues to grow at an exponential rate, expect the same to be true of the jackpots.

 

 

Some of the jackpots are life-changing amounts of money, and for any doubters out there, you CAN win them, people do all the time.

 

 

In fact, more than a dozen online bingo sites are offering players the potential to win millions of dollars/pounds. But, in view of the recent telling-off received by 888Ladies, bingo sites are now being urged to be more honest about the likelihood of their players winning such huge sums. 

 

888Ladies recently received a high level of press attention with its Golden Ticket promotion, which has an estimated jackpot of £5,000,000, with a minimum win of £50,000. Needless to say, that during the game, the jackpot diminished to £50,000, and many people were uproarious about the massive drop (as happens often in coverall jackpots), although, to be fair, £50,000 is a great prize!

 

 

888Ladies did land themselves in trouble though, because of the way in which they advertised their Golden Ticket promotion. A complaint was levied against the site to the Advertising Standards Authority regarding the sites stipulated odds of winning.

 

 

The Advertising Standards Authority ruled in favour of the players, stating that the advertisement they used was misleading. It was found that a £5,000,000 could be won, but the chances of doing so had been much exaggerated. To win, a player would have needed to bingo within 24 calls – as anyone who has ever played online bingo knows, the odds of doing so are ridiculously small; in an average 75-ball game, and a bingo comes at between 50-65 calls.

 

 

As a consequence of misleading advertising, the adverts were banned, that was largely irrelevant to 888Ladies Bingo though, the promotion had finished months before the ban!

 

 

These issues raise an interesting question though; can you actually become rich from playing online bingo? Will that mansion you have had your eyes on ever really be yours?

 

 

The majority of sites that offer million dollar/pound jackpots operate in a similar fashion to 888Ladies (let’s hope they learn lessons from the ruling levelled against this site!). It is certainly possible to win these jackpots, but the likelihood of doing so is very small. The games follow the coverall pattern, meaning that you have to get every number on your bingo card in order to win, all these must be covered within 24-26 calls, which makes the odds of winning extremely small. The odds of winning are pretty similar to the odds of winning the lottery.

 

 

The games are still a great idea though, and the prizes never normally fall below £50,000. The £50,000 is a guaranteed jackpot, and you should check what these are before you decide to play. For every number that exceeds the 24-26 calls, the £5,000,000 jackpot falls by something like £100,000. So if you bingo at 36 calls (much more likely, yet still rare), you would still win £4,000,000.

 

But, with the majority of online bingo players, their enjoyment comes from the social side and the excitement of being in the game; it is not all about the jackpot. They love the chat games, where they can win money – but this is hardly likely to make you rich, you usually win £1 at a time. When you are playing for a huge bingo jackpot, remember that it is highly unlikely that you win, and if you do, it is only likely to happen once – it is a once in a lifetime occurrence! If you do not win first time, play again, you may be playing a lifetime before you get your £millions.

 

Our advice is, don’t play bingo for money, play for fun!! Winning is an added bonus.

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