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Bingo Money Management

Bingo is a fun and usually relatively inexpensive way to compete for cash and prizes. Many bingo players have a limited gambling budget, so it's important for bingo enthusiasts to exercise good money management skills. Here are a few tips for those looking to stretch their bingo dollar.

Bingo Money Tip No. 1: Buy Cheap Cards

There are often a number of different cards you can buy at a bingo hall. They have different prices and prizes. To maximize your enjoyment and get the most out of your bingo bankroll, buy the cheapest cards.

The prizes for the most expensive cards are usually not that much better than the prizes for the cheaper ones. You'll also get more play from the money you have brought. Wise bingo money management is to make sure that the more expensive deck really rewards you with much better prizes. However, this is usually not the case.

Bingo Money Tip No. 2: Buy Card Packs

Some bingo halls will sell packs of cards. These packs are often cheaper than buying cards individually. This gives you a greater chance to win and more opportunities to play than you would get buying single cards.

Bingo Money Tip No. 3: Go Partners

You might consider teaming up with another bingo fan. You can share expenses and prizes. This increases your chance to win (or decreases your expenses), and helps you make bingo a more social activity.

If you find you can't easily share a particular prize, try making an arrangement. You can agree that player A will win the prize on the first game, Player B on the second game, and so forth. You can also pool all the prizes at the end and decide who wants which prizes.

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