How to make money playing Bingo!
There are also bingo cashback sites to consider too, as this is a sure-fire way for a bingo player to receive some money just for signing up at a bingo site. Bingo cashback works by allowing a player to open an account with a bingo operator through the cashback site itself, not directly with the bingo operator. Ways to earn money from Online Bingo: Online Bingo is one of the renowned gambling games played by thousands of the players, all over the world. Bingo is a game which is played more for the entertainment sake then money. But the truth is that at the end every player plays to win the game and make money out of it.
Here’s an example: Bingo Idol welcomes new customers with a no-strings-attached offer; deposit £10 and receive £100 of bingo tickets and 10 bonus spins on a popular slot (usually the outer-space thriller by NetEnt – Starburst). Any winnings derived from the £100 of bingo tickets will be yours to keep whether you win £10 or £1,000!
I do love a bit of Bingo! I used to be a regular at the local Gala bingo in my pre child days and now I like to play online Bingo when I find a good offer. Of course winning at Bingo is based on luck and most often you will spend money and get nothing in return. However there is a way to make money playing bingo by taking advantage of offers that bingo companies provide. There are literally tons of Bingo sites out there, some are part of bookmakers whilst some are independently owned or part of a group of other bingo sites. There are a small number of software platforms that Bingo operators use so many will be using the same ones. With so many Bingo sites out there. companies need to compete for customers by offering bonuses. Just about every Bingo site offers a sign up bonus of some sort such as a free amount to play with or a deposit offer where you are required to deposit a certain amount, e.g £10 and then they will give you a percentage bonus e.g 300% so for depositing £10 you will receive an additional £30 to play with. So with this additional bonus money you are more likely to win and make a profit playing bingo.
Sign up offers
Bingo Bonuses for joining a site can vary and it is important to understand that not every bonus is risk free. The risk free bonus offers are good because you normally don’t need to deposit any money at all and just play with the bonus given and hope to win. With the sign up offers where you need to deposit your own money there is a risk you do not win anything and so will not get that money back however having more money to play with means more chance of winning.
Strategy
It is important to check the terms and conditions for each Bingo site’s bonus. I would definitely recommend using one of the Matched Betting Sites like Profit Accumulator or Oddsmonkey which has a Bingo section and talks you through what you need to do to complete the offer. with some of the deposit X get X Bonus offers you need to spend the whole bonus before you receive any winnings. This is because the winnings from any games come back as bonus money instead of withdrawable money. For example if you deposit £10 and then receive an extra £30 then you would need to try and spend all £40 at once (which will involve quickly entering rooms and buying maximum tickets and then moving on to the next one until your balance gets to £0 or as close as). As the games finish then any of the winnings should then be added to your main cash balance which you can then withdraw. It does sound a little complicated but this is a good loophole than allows profit to be made from certain offers!. It can be better explained by signing up to a dedicated Matched Betting site.
Occasionally some of the risk free bingo bonus offers will require you to wager the bonus a certain amount of times before any winnings can be withdrawn. For example if you had a £5 bonus that needs to wagered 5 times then you would need to try and spend £25 on playing but obviously if your balance goes to £0 before you manage that then you end it there.
Bingoland.com. Tips
There are a few things you can do to increase your chance at making a profit. When you go to play bingo on any site you enter the ‘lobby’ which is where you will see all the bingo rooms to play in. You will be able to see details about each room such as how many players there are, what type of bingo it is (i.e 75 ball/90 ball) and the amount of the prize money. To maximise changes of winning the game you need to look for rooms with less players. A room with too fewer players means that the overall prize may be very low so I would look for rooms with around 20 players and no more than 40 at the maximum. A good time to play bingo is usually between 1p and 4pm when there seems to be less people playing. Make sure to check the prize money as there’s no good on spending money on tickets for the game and realising the potential winnings actually come to less!
Some bingo offers require you to enter a code and this is usually done by entering the lobby and then looking for the bonus code box and entering it there.
Cashback Websites
If you go on any of the Cashback websites such as Topcashback or Quidcoyou will see that there are loads of cashback offers on Bingo sites. This is great as you can sometimes get additional cashback as well as whatever bonus you receive from that Bingo site. Additionally, if you are not confident enough to try out a bingo offer then you can just play as you normally would and then receive the cashback. Often the cashback amount will be for around the amount you are required to deposit and play with which means that even if you weren’t to win anything, with the cashback received you wouldn’t end up having lost anything or would have only made a very small loss.
There is definitely a lot of money to be made by taking advantage of Bingo bonuses. It’s up to you whether you feel comfortable only trying the risk free offers or going for the low risk offers with potential for more gain.
Earn Money Playing Bingo
To get you started here are some risk free New customer bingo bonuses on offer with the following sites;
Sing Bingo (£5 FREE)
Treasure Bingo (£5 FREE)
Costa Bingo (£5 FREE)
Rewind Bingo (£5 FREE)
Slingo (£5 FREE)
Happy Bingo-ing!
The ultimate goals of all fundraisers is to raise money; so it’s no surprise that that’s the same instance for a bingo fundraiser. Running a bingo fundraiser is one thing, and running a successful one is another. There are many elements that come into play when running a fundraiser in general, and as an organizer, you adequately prepare yourself in order to get optimum results. Now let’s look at the revenue generators or the bingo products you’ll need to sell at your bingo event.
How to Run a Successful Bingo Fundraiser: Revenue Generators
Bingo Books & Admission
Many bingos will sell an admission package to each bingo player when they arrive. This package usually sells for around $20 and includes entry to the event, a bingo book with bingo sheets for each game in the bingo program, and perhaps an added bonus such as a free dauber or an extra bingo sheet for a jackpot game.
If you have early bird games (a handful of games before your main bingo program), you should sell bingo books for them for around $3-$5. Additionally, extra bingo books should be sold (usually for $5-$15 each) at a discount to the admission price. Finally, it’s a good idea to sell extra single bingo sheets for the larger prize (jackpot) games.
If you choose not to have an admission package, you can simply sell bingo books for a set price once the bingo players have entered.
Raffles
Raffles are a great way to earn additional funds during your bingo event. During the night, have a friendly person walk around selling with a smile. If possible, it’s a good idea to advertise and presell the raffle tickets beforehand. You can have 50/50 raffles (where 50% of the proceeds go to the prize), or raffle off one or more prizes. Your prizes should be good quality and have obvious value. Don’t be cheap!
Be careful, raffles, like bingos, can also fall under state regulation. Be sure you find out your state’s policy on raffles beforehand.
Pulltabs
Like raffle tickets, pulltabs (charity tickets) are a great way to increase sales and revenues during a bingo. A pulltab is a similar to a scratch off lottery ticket, but instead it has a number of “windows” that are peeled open to reveal a possible prize. Each box of pulltabs contains a set amount of prizes (usually around 75% of the take). Therefore, each box (once sold) is guaranteed a certain profit.
Pulltabs come in a variety of games and styles. If you decide to sell pulltabs, make sure you know how each game is played beforehand.
Be warned! Pulltabs are even more heavily regulated than bingos. Be sure that they are legal in your state. And, if they are legal, make sure that you are properly licensed to sell them.
Bingo Supplies
Bingo supplies, especially bingo paper, can be a little confusing. If you are unfamiliar with bingo, ordering the proper bingo books can be difficult. We recommend you read “How to Order Bingo Paper” on the Wholesale Bingo Supplies website for a quick overview and for some idea what bingo paper cuts and sizes that bingo paper comes in.
Make sure you order your bingo supplies in advance to give yourself some time. You’ll likely need the following, bingo books, additional bingo sheets for jackpot games, bingo daubers (markers for the players), and raffle tickets and pulltabs (if legal in your area). If you’re unsure of what bingo supplies you need, visit Wholesale Bingo Supplies.
If you plan on hosting bingos on a regular basis, you might even consider purchasing an advanced bingo console and bingo equipment. But, this can get pricey. For an annual bingo, it’s best to find bingo equipment you can borrow. Also, you can get by purchasing a low-cost, quality, bingo cage.
Bingo Callers
Bingo Mania Online
If at all possible, find an experienced bingo caller. You don’t want some novice person calling bingo who has trouble handling the equipment (dropping bingo balls in the middle of a game can be a disaster) or lacks confidence in front of people. If you can’t find an experienced caller, then find someone who is comfortable with crowds and have them practice with the equipment ahead of time. Go over your bingo program step-by-step.
Whether experienced or not, you want your bingo callers to call numbers at a regular pace. We recommend that bingo numbers be called about every 20 seconds for commercial bingo hall environments where seasoned bingo players play. However, this speed should be adjusted to fit your crowd and the number of bingo faces in play. Hopefully, your bingo equipment will have a timer which will alert your caller when to call. However, if no timer is available, use a watch or clock as best you can to call at a regular pace.
Cash vs Baskets or Other Prizes
It doesn’t make a lot of difference if you give away cash or prizes or a mixture of both at your bingo fundraiser. The important thing is to make sure that whatever you give, you are giving something with value.
Make your bingo prizes worth the effort for your bingo players. If you give bingo baskets, fill them with quality products. If you give cash, make sure you give away some big jackpots. When your bingo players win a bingo, they want win something and they want to win something good.
Bingo Concessions
Your bingo event will usually last from 3-5 hours, with the actual bingo program taking about 3 hours to play. Therefore, it is important to have refreshments and food available if possible. Bingo players are not robots. They will get hungry and thirsty.
Make sure that the food you serve at your concessions stand is good quality and keep your prices reasonable. We believe it’s smart business to have your bingo concession be a draw for your bingo event and not a profit center. Let your bingo games make the money while your concession keeps them well-nourished and happy.
Bottom Line
Bingo App Earn Money
A bingo fundraiser requires planning. You’ll need to assemble a team of volunteers, find a qualified bingo caller, acquire prize donations, locate a site, advertise, and more. Make sure you give yourself at least a month or two to prepare. Good luck and happy fundraising! If you follow our advice, we’re sure your next bingo fundraiser will be a success.