Surprise! As played in Nevada, bingo is one of the
best bets around. Gaming revenue reports from this
state reveal that casinos only keep about 1.7 percent
of the bingo money they handle.
This game is often used as a "loss leader"
to attract slot players, and casinos often pay out
more than they collect during many sessions of play.
Although the odds of winning a "coverall"
game (matching all twenty-four numbers on a card from
forty-eight numbers called) are almost 800,000 to
1, the chances of winning smaller payoffs are reasonably
The best strategy is to select playing sessions that
have fewer numbers of players. Casino personnel will
tell you which playing sessions tend to be less crowded.
Since payoffs are usually preset and are not altered
by the number of participants, your chances of winning
increase as the number of competitors decrease.
Two warnings: Playing multiple cards only slightly
increases your chances of winning, so weigh the cost
of additional cards against a very minimal gain in
win probability. Also, bingo rules outside of Nevada
are generally much more advantageous to the bingo
hall, making this game go from good to ugly real fast!