Home > Industry/Domain > Games > Bingo
Bingo
A game of chance in which each player has one or more cards printed with differently numbered squares on which to place markers when the respective numbers are drawn and announced by a caller. The first player to mark a complete row of numbers is the winner.
Industry: Games
Add a new termContributors in Bingo
Bingo
Skip and hit pattern
Games; Bingo
The pattern of a specific number's appearances and absences measures by an examination of "X" number of draw results.
Commission
Games; Bingo
The fee paid to retail outlets for selling lottery tickets. Commissions in North America typically range between 5 percent and 6 percent of the price of the ticket.
Cash lotto
Games; Bingo
A lotto game awarded as a lump-sum cash payment. Cash lotto games typically have a smaller top prize than large jackpot games, more favourable odds of winning the top prize, and require players to ...
Cash option
Games; Bingo
A large jackpot that the winner elects to receive as a lump sum cash payment rather than an 'Annuity' (see above) over several years.
Cash payoff
Games; Bingo
A lottery prize that will be paid out all at one time, rather than over several years.