vpFREE2 Forums

Bingo

<<Of course there is one thing worse to play on a ship - that is Bingo -
which
is a really big ripoff>>>

I know Linda is writing this in the context of cruise ships, but in
casinos I was under the impression that Bingo was kind of a loss leader.
While I know that casinos make money on Bingo (I saw the annual casino
breakdown for various games somewhere) I thought the hold percentage was
relatively low and it's main focus was to get patrons into the casino to
play other games.

Why I'm curious on this topic, is because I had thought Bingo might be a
good way to use some excess Station comp dollars to generate some
cashback. Arizona Charlies and Fiestas are other casinos where I believe
you can use comps for Bingo.

[Non-text portions of this message have been removed]

···

On Thu, 14 Apr 2005 02:57:05 EDT misscraps@aol.com writes:

Hi. According to one of my reference books, The house edge on Bingo is
1 to 3%. As mentioned below, it is also a loss leader in some
instances. Dick McK.

johnfiske@juno.com wrote:

···

On Thu, 14 Apr 2005 02:57:05 EDT misscraps@aol.com writes:

<<Of course there is one thing worse to play on a ship - that is Bingo -
which
is a really big ripoff>>>

I know Linda is writing this in the context of cruise ships, but in
casinos I was under the impression that Bingo was kind of a loss leader.
While I know that casinos make money on Bingo (I saw the annual casino
breakdown for various games somewhere) I thought the hold percentage was
relatively low and it's main focus was to get patrons into the casino to
play other games.

Why I'm curious on this topic, is because I had thought Bingo might be a
good way to use some excess Station comp dollars to generate some
cashback. Arizona Charlies and Fiestas are other casinos where I believe
you can use comps for Bingo.

[Non-text portions of this message have been removed]

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[Non-text portions of this message have been removed]

Why I'm curious on this topic, is because I had thought Bingo might

be a good way to use some excess Station comp dollars to generate some

cashback. Arizona Charlies and Fiestas are other casinos where I

believe you can use comps for Bingo.

···

--- In vpFREE@yahoogroups.com, johnfiske@j... wrote:

My wife and I started doing this last summer at Fiesta. It was our
thought exactly, "what else are we going to use these points for when
on a diet". Play Bingo with some of those points and generate cash.
Well, we did generate over $1,800 in winnings over that period playing
every few days but staying away from weekends when the room got really
crowded. They have this deal where you GET to win the first time you
play (I did). Then you're hooked! We played a couple months before
winning again, LOL. But it came out in the wash. I won $750 and lucky
wifie won only three times but one was a $908 progressive.

Hi. According to one of my reference books, The house edge on

Bingo
is

1 to 3%. As mentioned below, it is also a loss leader in some
instances. Dick McK.

For most bingo games its not possible to compute the house edge as is
done for roulette, craps, and video poker. There are too many
variables. The number of people playing is probably the most
important of these ... the fewer there are, the better the odds of
winning. But in most bingo sessions there are usually one or two
games where the odds CAN be computed, and they are extremely bad.
These are the games where you must get a bingo within a certain
number of balls drawn. The Jumbo Jackpot at Stations is one of these.

By "extremely bad" I'm referring to an individual player. From the
casinos viewpoint they may pay back 90% +/- of the money collected,
but only to one person (the winner). Those games are similar to
Megabucks and The Wheel of Fortune.

In a general sense I doubt bingo is a loss leader. Many Indian
casinos started with bingo and grew from there, so they must have
made a lot. I played bingo at Fantasy Spings in Indio on
Saturday. The crowd was huge, and it was expensive to play. I think
most casinos make a lot on bingo, mainly because so many people like
to play.

···

--- In vpFREE@yahoogroups.com, Richard Mckenna <tmac2@l...> wrote:

I think
most casinos make a lot on bingo, mainly because so >many people like to

play.

" Under the I, number 19, I'll repeat I---z z z z z z"

Nudge

···

From: "brumar_lv" <brumar_lv@yahoo.com>
Subject: [vpFREE] Re: Bingo

I've seen those eyelids get a little heavy playing VP too ... :wink:

Dick

···

--- In vpFREE@yahoogroups.com, "nudge51" <nudge51@c...> wrote:

From: "brumar_lv" <brumar_lv@y...>
Subject: [vpFREE] Re: Bingo

" Under the I, number 19, I'll repeat I---z z z z z z"

Nudge

easy chair, laptop in my lap, playing BDWP, while my eyes
were closed, and I was dozing. The most amazing thing to him
was that, apparently, I wasn't making mistakes. The "warn"
option was on, and it wasn't beeping or stopping my draws. I
guess it just proves that I've played so much, that I can
actually play in my sleep!

Babe

···

--- In vpFREE@yahoogroups.com, "mroejacks" <rgmustain@a...> wrote:

--- In vpFREE@yahoogroups.com, "nudge51" <nudge51@c...> wrote:
>
> From: "brumar_lv" <brumar_lv@y...>
> Subject: [vpFREE] Re: Bingo

> " Under the I, number 19, I'll repeat I---z z z z z z"
>
> Nudge

I've seen those eyelids get a little heavy playing VP too ... :wink:

Dick

My husband SWEARS that he found me in the