MARKET MOVES
        
-YOUR ONLINE BETTING RESOURCE
Tuesday October 7, 2008 -



Big Money Bingo

Bingo is a game that appears to be on the rise. Internet Bingo is part of the recent plethora of gaming sites that offer various forms of entertainment in return for taking usually small amounts of the punters money. All these small sums of money add up fairly quickly - the company that owns Mecca Bingo which has been leasing the way in the UK online bingo industry recently announced that it had made a profit of £53m in the last year.

 

With the potentially huge amounts of money in the hands of the companies that are running the events, some of this is inevitably passed along to the punters in the form of prizes with the intention of attracting more to take part in the game.

 

The National Game is something of a marketing masterpiece, Bingo lends itself perfectly to such a game as there has always been a distance between the people playing and the individual calling the game. It’s not such a big step to go from having a caller that draws the numbers for ten people in the room to having the same caller drawing for a hundred, or for ten different sites, it’s merely a matter of technology, transmitting the numbers as they’re drawn.

 

It works as well. The BBC recently reported that the biggest bingo prize in the world had been awarded to a 38 year old cleaner from Coatbridge, the prize was said to be in the region of £1.2m, an enormous sum of money that was immediately split with her friend and playing partner. Before this the previous mark stood at £1.1m, won in Merthyr Tydfil in Wales.

 

As these reports make the news, it becomes an attraction to people, there is no skill involved, merely blind luck and it doesn’t cost all that much to take part. As more people are attracted to take up the game, so their playing fees are included in the jackpot and the sum gets bigger, it’s a fairly good indication of the growth of the game that the jackpots are increasing consistently.

 

There are inevitably problems that come with such jackpots. Bingo has a strong social aspect, traditionally, part of the enjoyment of the game is playing it with other people, and this has led to agreements that winnings will be split. This is fine and relatively light-hearted when it comes to your conventional small winnings; people tend to act slightly differently though when they have just found out that they’ve got enough money to pay off the mortgage.

 

Bingo prizes continue to grow, and the game grows with it, arguments are inevitable whenever money is involved, and no one is keen to take steps to stop such arguments as they are a product of the social element of bingo that has contributed to the growth of the game. Bingo is big business, serious stuff, and here to stay.



MARKET WATCH
.
RUGBY LEAGUE
WORLD CUP
Australia 1.20
New Zealand 8.01
England 8.11
France 128.07

MARKET: PINNACLE SPORTS

.
FUTURES

 

Global Sports Bet



AFL

 

2009 PREMIERSHIP

Geelong 3.41

Hawthorn 3.41

Western Bulldogs 12.98

St. Kilda 15.11

Collingwood 15.51

Carlton 20.02

Adelaide 21.00

Fremantle 23.26

Brisbane 26.01

Sydney 26.01

Port Adelaide 33.03

Richmond 33.03

Kangaroos 34.02

Essendon 46.04

West Coast 53.55

Melbourne 126.330

(At Pinnacle)

 



FUTURES


TENNIS

 

2008 AUSTRALIAN OPEN

R. Federer 2.71

R. Nadal 3.25

N. Djokovic 5.29

A. Murray 8.22

J. W. Tsonga 31.52

A. Roddick 38.82

N. Davydenko 54.97

D. Nalbandian 55.61

R. Gasquet 55.61

F. Gonzalez 90.12

D. Ferrer 96.35

M. Baghdatis 115.59

L. Hewitt 116.70

J. Blake 119.64

T. Haas 133.92

M. Safin 133.92

M. Youzhny 156.00

T. Berdych 156.00

(At Pinnacle)

 

EMAIL UPDATE

OnThePunt sends out intermittent email updates with all the latest sports betting news and odds comparisons.


Just enter your email address below to subscribe:


QUICK QUOTES
 
PREMIER LEAGUE 09
Chelsea 2.00
Man Utd 2.88
Liverpool 7.00
Arsenal 10.00
Aston Villa 81.00
(At Paddy Power)
.
CH. LEAGUE 2008/09
Chelsea 5.00
Barcelona 7.00
Manchester United 7.00
Inter Milan 7.50
Real Madrid 10.00
(At Victor Chandler)

 

  COMING SOON



GOLF
Fall
Series



CRICKET
AUS
in INDIA



TENNIS

Paris
Masters

CONTACT US


Got a tip, punting story or just a general comment?
Email the Editor

 

Racing betting, odds, form and news
at
Betfair.

 

 
Home | About Us | Terms of Use

 
 
© 2000-08 OnThePunt.com.au - All rights reserved

 

Updated - Soon