The Vault Opens At Lottoland Bingo
Published On 26th November 2021
Lottoland may not be the first name you think of when it comes to bingo but they're hoping that their latest addition may soon change that. Bingo launched on the popular lottery betting service during 2020 and like PlayOJO, Betvictor and Heart have opted for Pragmatic Play's platform. It's safe to say that since the launch there's been relatively little news from Lottoland. However today they're making headlines with the launch of The Vault - a brand new game that offers players the chance to win a share of a £5million jackpot.
What Is The Vault
The Vault is a bingo room that's exclusive to Lottoland. It's available for one game only every Saturday and Wednesday starting from the 27th November 2021. Tickets cost 25p and they're available on pre-buy. Ignoring the big money jackpot for now each game seems to - at least for now - have a fixed pot of £100. This includes £15 for one line, £25 for two lines and £60 for the full house. But what about this huge jackpot? Well that's only going to be won within 30 calls. A second progressive jackpot - starting at £2000 - is also available and this can be won if house is called within 36 calls. The big twist with The Vault is that if someone wins The Big One then they claim £4million whilst the other million is shared by the fellow roomies.
"We Are Incredibly Excited"
Lottoland CEO, Nigel Birrell, is very excited about The Vault. In press releases he explained that Lottoland "are incredibly excited about launching our bingo product as this has been a long time in the making, but what makes Bingo BIG particularly special is that sharing in a huge prize pot like this is taking us back to that sense of community that everyone has come to know and love about traditional bingo". This all sounds exciting on paper but million pound games aren't unusual within online bingo. The Dragonfish Network hosted one three times a week for many years whilst Moon Bingo still run Self Made Millionaire via their network. More recently Buzz hosted the now closed Bingo Millions game which brought together lotto and bingo.
The Chances Of Winning
The problem with million pound bingo games is that they simply don't create million pound bingo winners. How many millionaires did Dragonfish and Mutuel Play create with their respective games? The answer is zero! But will Lottoland be different? Looking at the odds of 90 ball bingo the chances of getting house on 30 calls is 295,232,118 to 1. So That, according to Investopedia, is similar to the odds of winning a Powerball Lottery draw. The same article reports that you actually have more chance of being hit by falling aeroplane parts (1 in 10million). So whilst there's a very very very very very (you get the picture) slim chance of actually winning The Vault's big jackpot, the reality is that your chances are remote. And historically - based on the fates of Dragonfish's thrice weekly millionaire games and Bingo Millions - it seems like players realise this and opt for other games.
Disrupt & Modernise Bingo
Reports on Lottoland's new The Vault game also carry the quote that the brand's new game and Bingo BIG is part of a 2022 "strategy to disrupt and modernise the UK’s online bingo space". In other words Lottoland have looked at the bingo space and thought it needs jazzing up a bit. What better way to do that than by adding big money games that are pretty much impossible to win after the closures of other big money games that are pretty much impossible to win. Truly disruptive stuff. Bingo players aren't stupid and many play online because it's a simple, fun and community spirited game. They don't need gimmicks nor do they need huge willy waving jackpots. Gambling CEO's should be looking to see how Tombola works 0 excellent games, low wagering, safe environments, good community and uniqueness - and use that as their building blocks. Bingo doesn't need disruption or modernisation, it just needs to be good.
Should You Play The Vault?
The reality is that The Vault is a 25p 90 ball game that offers a £60 full house jackpot. In comparison you could purchase a 10p ticket at Tombola and play their 10pm game for the chance to win £20,000 (November 2021). The chances of winning a share of £5million in each game is pretty much the same (negligible and none). This begs the question why bother playing The Vault? FOMO is probably the best answer but it could be years before the jackpot is won or even never. We're guessing Lottoland are applying their bet on lottery brains to bingo and hoping people will want to chase the cash week in and week out - as they do for The National Lottery for example. But in our view this isn't a disruptive bingo game nor is it modern. Of course we'd love to see The Vault create a bingo millionaire but we'd love to see a lot of things like world peace and the end to covid. The latter two probably have better chances of occurring.
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