How is the prize money determined?
All Bingo777’s prizes and jackpots are paid in 100% cash – not bonus money or a mix of bonus and cash like so many other bingo games. Each game’s prize is based on the number of cards in play during that game. A percentage of the “pot” goes toward the prize for that game and also towards one or more progressive jackpots. So, the more people are playing, the higher the prize. Jackpots are progressive, except during certain special game nights where they will be at a set amount. Some special games have alternative prizes like holidays, DVD players or digital cameras as well as the cash prize.
The game prize takes into account how many cards were sold for the game and whether or not there was a guaranteed prize for that game. We allocate a share of the card sales to the current game prize and a further share to various jackpots. The more folks that play and the more cards that are sold, the bigger the prize will be! In addition, PartyBingo.com also guarantees that prize amounts will be above a certain level at certain times, for certain games, or during promotional periods. Some rooms such as Bingo Royale can carry a fixed prize pool.
We have two types of games- variable pots and fixed pots. In variable pot games, the prize money is determined by the number of cards purchased. A percentage of card sales is allocated to the game in play, and to the Jackpots and Progressive Jackpots. The more people who are playing and the more cards purchased, the bigger the prizes! In fixed pot games, the jackpots are fixed at the outset and not determined by the number of cards purchased for the game.
And the jackpots too? Each game’s cash prize is based on the number of cards in play during the previous game. A percentage of that cash total goes toward the prize for the following game. So, the more folks playing, the greater the prize. Jackpots are progressive, except during special game nights where they will be set higher than usual.
And the Jackpots too? Each game’s cash prize is based on the number of cards in play during that game. A percentage of the “pot” goes toward the prize for that game and also towards one or more progressive jackpots. So, the more folks playing, the greater the prize. Jackpots are progressive, except during certain special game nights where they will be at a set amount.