There are three main types of Bingo jackpots, which are game jackpots, coverall jackpots and progressive jackpots. Each jackpot has its own differences. The one with the biggest monetary award is the progressive jackpot, which is why this jackpot is the most popular.
Bingo Standard Game Jackpots
Game jackpots are the jackpots available per game. The prize money is taken from the number of tickets sold. Of course, the jackpot will vary depending on the game and the website. While most of the money from tickets are used for the jackpot, some money is spent on overhead, profit and bonus structures.
Bingo Coverall Jackpots
Coverall jackpots are available just for 75-ball games. These jackpots can only be won if the player covers each square on their card instead of each square in a predetermined pattern. But the jackpot is generally much higher than the standard game jackpot described above. Usually, the jackpot will start at a certain amount, such as $500, and will gradually be reduced as the game time ticks by; however, the reduction will stop once the prize pool reaches a certain amount, such as $100. Even so, the lowest amount is most often more than the amount awarded by standard game jackpots.
Bingo Progressive Jackpots
In most games, the winner must be declared before the caller draws a certain amount of balls, such as 30, in order to win a progressive jackpot. For every ticket sold, the progressive jackpot will grow. So the more players participating in a single game, the higher the jackpot. Because each website varies as to how it runs their progressive jackpot games, check out the website’s FAQs section for more information. Any addition information you may need can be obtained from the site’s chat host. It should be noted that there are some slight variations between 75-ball and 90-ball progressive jackpot games.
With 75-ball progressive jackpots, a “bingo” must be called within a predetermined amount of calls. However, some websites have modified this rule so that players can only call “bingo” when they get a particular pattern, which may be available for a certain amount of time. Websites that require players to call “bingo” within a set amount of calls will vary on the call number but the typical number of calls is 28.
In the case of 90-ball progressive jackpots, the winner must also call “bingo” within a set amount of calls. However, there are no specific patterns that must be completed in order to win. This means the entire card has to be filled. Usually, the number of calls is higher since it takes additional calls in order to fill a card and win.