Online bingo is a fun filled game with various jackpots and prizes. Every game has cash prizes, bonuses or jackpots to be won. Let us look at the various jackpots and prizes.
- Jackpots:
Jackpots are a large cash prize in a game or lottery, especially one that accumulates until it is won. There are various types of jackpots that different bingo sites offer. There are 3 jackpots that all the bingo sites usually have- present jackpot, progressive jackpots and community jackpots.
- Present jackpots:
A present or fixed jackpot is a jackpot that awards a fixed prized amount. The amount varies from site to site. A fixed jackpot is always available to win, no matter how often it is won. To win, all you have to do is get full house in a specified number of balls or less.
In a pattern game the jackpot can only be claimed by a coverall win within the stipulated ball count. Patterns which are not coverall will not result in a jackpot win. The fixed jackpot is split equally between all the winning tickets that meet the win criteria.
- Progressive jackpots:
Progressive jackpots are the ones that increase over time. Progressive jackpots are the biggest jackpots but at the same time they are the most difficult to win. A progressive jackpot is a constantly accumulating prize. It is initially funded at a set amount and each day at around midnight it increases based on ticket sales for the previous day. When a progressive jackpot has been won it will be reset.
- Community jackpot:
The community jackpot is an additional prize pool that is paid out on top of any game-specific winnings. When the jackpot is won, the winning player is awarded a jackpot amount. The remainder of the jackpot is then shared and awarded to all other players in the game. Community jackpots also include the winning of the games that are played in chat rooms or any social media platform.
- Prizes:
Bingo game wins are guaranteed and the types of payouts may include cash, bingo bonus money, tickets for other bingo games, free spins in casino games or real prizes. Some games offer a jackpot prize in addition to the game pot win. Jackpot information is displayed when you purchase tickets, in the game and in the lobby. Only one jackpot can be won per game. Look at websites like GameVillage that have special promotions like“knock-knock” whereby the members of the GameVillage family pays a surprise visit to the players and reward them with cash prizes.