Growth in Online Bingo Prizes

by Hollie Sanders

In the few short years since online bingo playing became a reality, there has been and astounding growth in the size and the frequency of bingo jackpot prizes. Industry wide online bingo jackpots have grown exponentially and we regularly see online bingo progressive jackpots paying out anything from £10,000 upwards with some sky rocketing into the hundreds of thousands. A few years ago online bingo prizes of this magnitude were unheard of.

There is two schools of though regarding this massive growth in prize money from online bingo sites, some say that it is because the online bingo market has grown and advanced so rapidly and other say that it is because the consumer of these products has increased liquidity, so the more people playing means more tickets sold and gradually bigger progressives.

There is also the factor that online bingo sites are constantly under pressure to up the ante in order to draw customers to their sites and the first thing that a new online bingo player does is look at the sign up bonus and prizes. But whatever the true cause, the fact remains that the online bingo industry is in a massive upwards growth swing and should continue this way for some years to come.