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How to Make Money Playing Bingo

January 13, 2022 by Gabe

When games of chance get mentioned, bingo is not the first thing that comes to mind. However, it is a unique gambling option because it appeals to multiple demographics despite the ongoing perception that only the elderly love it. In the form we know it now, bingo has been around since 1929, but it draws roots from the 18th-century Naples lotto board game called Tombola. Tombola derives its origin from the early 16th-century Italian lottery – Il Gioco del Lotto D’Italia. Today, virtually anyone can play this game at local halls that offer it or at interactive gaming websites. Some state lotteries also provide it in a ticketed form.

Bingo’s main appeal is its simplicity. Of course, aside from hall gambling providing people an opportunity to get together and interact. It is leisure gaming that involves no skill and no pressure. All newbies can start testing their luck on it after only spending five minutes reading a short how-to guide. Preferably one featuring a detailed explanation of bingo cards and which winning patterns are applicable for which variation. That is all. Nevertheless, those that are somewhat serious about improving their odds of attaining prizes via their bingo-related entertainment should follow the pieces of advice that follow. They may not be a sure-fire way to profit from bingo gaming, but it is better to know them than play without them.

Bingo Hall Tips

Until 1994, when online gambling became a thing, lottery fanatics could only bet on prize draws in halls or participate in them by buying tickets at retailers. Still, despite the option of playing anywhere at any time, many lottery enthusiasts favor playing from inside a hall. Those that do should invest in multiple cards per draw. The more cards they have in front of them, the better their winning odds become. That is particularly applicable in bingo hall gambling because these venues utilize the pari-mutuel system. That means that the prizes and odds get generated depending on how many players participate in a draw.

When playing in a hall, it is wise to sit next to the bingo caller in a position with a clear view of the game board. That way, checking what number has gotten drawn is simple. Utilizing proper money management is also essential. Never feel provoked by other players’ good fortune. Come up with a budget, and stick to it. Never gamble more than what you can afford to lose, and never look to chase losses. Remember, previous results do not affect future ones. If you are on a losing streak, there is no promise that things will turn in your favor soon.

Use Bingo Strategies

Given the randomness of machine and software draws, there is no way to affect game results. Even so, two bingo strategies remain used by many veterans. The more established one is the Granville, invented by stock market investor Joseph E. Granville, applicable to 75-ball bingo. It outlines that players should only play cards that have an even spread of low and high numbers.

The Tippet approach is another 75-ball bingo tactic that states that gamblers should choose cards with numbers close to one or seventy-five for long games and ones closer to 38 for short ones. The success rate of both of these systems is questionable at best. Yet, players still use them.

Implement Betting Patterns

Many will argue that established betting schemes have a more mathematical foundation than the strategies above. Still, the problem with them is that they can lead players into a dire financial situation following an extended losing streak. Essentially, most betting patterns implement negative progression that entails that gamblers increase their bet size following a loss.

The goal here is that when a win does occur, it will be enough to recoup the incurred losses and turn the gambler a profit. Naturally, to do so, every bet following a loss must be more substantial than the previously losing one. The Martingale is the most famous negative progression pattern, and it requires that gamblers double their wagers after each loss. Other notable ones from this category are the D’Alembert, the Fibonacci, and the Labouchere. In theory, these can get used to all gambling games. Concerning bingo, the best can get implemented on online versions that feature slot-like mechanics.

Claim Online Bonuses

Those that choose to play in the digital sphere can claim a wide range of promotions that will let them do loads of complimentary gambling. These include welcome offers, reload bonuses, loyalty perks, and more. Promotions are the backbone of the online casino sector and the chief reason why more and more players migrate towards betting over the internet. That said, every deal comes with stipulations that must get carefully analyzed before anyone jumps on a specific promo.

About the Author

Shelly Schiff has been working in the gambling industry since 2009, mainly on the digital side of things, employed by OUSC. However, over her eleven-year career, Shelly has provided content for many other top interactive gaming websites. She knows all there is to know about slots and has in-depth knowledge of the most popular table games. Her golden retriever Garry occupies most of her leisure time. Though, when she can, she loves reading Jim Thompson-like crime novels.

To read more on topics like this, check out the Money category

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About Us

Hi Everyone! Welcome to Ericulous… I’m the owner and writer Gabe. Read More…

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