All you need to know about bingo jackpots

Everyone wants to be rich in their lives and there are many ways in which one can achieve this and playing online bingo games and winning the jackpots is a fast and effective way. There are several types of jackpots offered by bingo companies today with the main aim of suiting the needs of different players. Few of these jackpot types include:

Progressive Jackpots: These jackpots continue till a player wins the jackpot. Progressive jackpots are used in many different versions of bingo games like 90 ball, 80 ball and 75 ball bingo games. The game starts with a fair amount of predefined money and number of calls and the prize money keeps on increasing till a player wins the jackpot. Thus it is known as a progressive jackpot.

Coverall Jackpots: This is somewhat opposite to the progressive jackpots as it starts with large prize money and starts decreasing after every game till the game is won. It is also known as a random jackpot. With every increase in the number of calls, the jackpot prize money decreases as the number of calls is limited.

Guaranteed Jackpots: In these types of jackpots there is no increase or decrease in the jackpot money and thus the number of players here is the maximum. Since the amount does not vary people prefer to play this.

With the emergence of more bingo companies, the types of jackpots have also increased considerably. So it is important to understand these jackpots thoroughly to win them. online bingo community is thus developing because of these jackpots that attract more and more people.