Matched Betting Discussion Bingo RTP

homie

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I've been trying to find out what the average RTP is for Bingo but can find very little information from the bingo sites themselves. Eventually I found this article on a website. I knew the RTP would be lower than slots but if this is correct, then it is substantially lower.....

"The RTP on online slots is generally in the region of 96%, and reputable sites such as Gala publish the RTP on each of the slots they feature so you can check before you play (in fact, UK-facing slots sites are required by law to publish the RTP, although you may have to look quite hard to find it). The RTP on the British National Lottery is described on the Camelot web site as “over 50%” so one can take a guess that it’s not very much over 50%. But what is the RTP on bingo? Hardly anywhere seems to say, with the exception of the Cozy-powered Live Bingo Network, which specifies RTP in its terms and conditions and gives the RTP for bingo as 75-80%, but without explaining how that relates to the huge bonuses given out by those sites. Gala Bingo used to publish the expected RTP on their bingo games (along with the expected RTP on all their slots and casino games); this could be found by following a series of less than prominent links staring with “Fairness” at the bottom of the home page. Most of their bingo games were shown as having expected RTP of 70% with some coming in at 67%. This information has since been removed (it is not known why).

One reason for all this vagueness is that RTP on bingo can’t be specified precisely ahead of time in the way that it can be on slots and instant win games:

1) Each game must have at least one winner regardless of the number of cards that have been sold.

2) Some games have guaranteed prizes so the money (or tangible prize) given out does not depend on the amount spent on tickets and this can cut both ways. A heavily publicised game with a prize of a holiday worth £5000 could easily achieve ticket sales worth a lot more than £5000 and in this case the RTP would end up being lower than usual. On the other hand, if it wasn’t well publicised and was run without an easy pre-buy arrangement at an ill thought-out time (e.g while the Strictly final was on TV) the ticket sales might fail to reach £5000 and the game would have an RTP of more than 100% (although only the actual winner would see the benefit).

3) Progressive and sliding jackpots also affect things.

Usually it is not possible for the player to make an informed guess at the RTP of a bingo game because although they may be able to see how many players there are in the game they do not know how many cards each player has. "

So basically, unless there is free money. Stick to slots.
 

Jon

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I can well believe that

bingo RTP is generally based on the number of players in the lobby and how many tickets they buy
 

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