A scary array of
links
So yes I have lots
of links, but they are useful, mostly <g>
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Jackpot Bingo
If you are looking for a current list of jackpots for
online bingo game sites click here for our
Jackpot Watch
Jackpot Calculating & Understanding
Probability
May 2002, SharonME hit the $10,000 High Roller Coverall Jackpot at BingoMania in
47 balls. Does that happen often?
Answer: Not really.
Not bloody likely at all.
The chances of a coverall in 47 balls is .00000063.
That’s 1 in 1,587,301.59.
Yep. 1 chance in 1,587,301. The odds of an individual being struck by lightning
each year In the U.S. is about 300,000 to 1.
You are 5 times more likely to be struck by lightening.
What are the chances it could rain tomorrow? Understanding probability.
In Bingo the variables that determine whether you win or lose are made up of
several key factors:
§ How many PLAYERS are playing the game
§ How many cards OTHERS purchase
§ How many cards YOU purchase
§ What type of PATTERN you are trying to cover
§ Jackpot BALL RESTRICTIONS on number of balls called in order to win
For example: if there are 2000 cards purchased in a game and you have 20 cards
your chances of winning in a regular, guaranteed jackpot-type game are 1 in 100.
And although it’s true that you increase you chances of winning by buying more
cards, it’s less than you think. Take our example of 2000 cards in play. Your
odds go from 1 in 2000 to 1 in 400 if you’re playing 5 cards. You’re also losing
money 5 times as fast and you’ve only decreased your odds of losing from 1999 in
2000 to 1995 in 2000.
Is your head spinning yet? If not, here’s one last example. Compare a game that
costs $.25 a card and pays $50, with about 100 cards in play to a game that
costs $.25 and pays $100 with 200 cards in play. Your odds of winning are twice
as good in the first instance, 1:100 (compared to 1:200) but the payout in the
second is twice as good ($50 to .25 vs $100 to .25—making the games about even.
Are you playing to win, or for money?
It’s also worth factoring in chat games, bonuses and loyalty programs.
Jackpot Calculator
Add to the competition from other players the probability of anyone winning a
jackpot at all. Of the factors listed above ‘Jackpot Ball Restrictions’ will
have the greatest impact on a players chance to win in any particular game. If
the Jackpot is for a coverall in 35 balls—well—it’s not happening. The
probability? 0.00000000. As in, impossible.
With 60 numbers, your chances are one in 715; with 59 numbers, one chance in
1,191.
Keep that in mind when the game promises a potential progressive or huge jackpot
prize--carefully check out the ball call restrictions to see if you have a hope
and a prayer to even win.
Good links about Bingo Odds/Probabilities
http://www.wizardofodds.com/games/bingo/probbingo.html
http://www.durangobill.com/Bingo.html
http://www.wizardofodds.com/games/bingo/probbingo_apx1.html
Also from the Wizard of Odds
Following is the expected number of calls
before somebody gets a bingo according to the number of players.
1 player: 41.37
10 players: 25.51
50 players: 18.28
100 players: 15.88
200 players: 13.82
500 players: 11.56
1000 players: 10.13
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Free Online Bingo Games
Online Bingo sites
that give you
$$$ just to try them out. No risk, nothing to lose!
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