Bingo Network or Sole Ownership Bingo
With the increasing popularity of online bingo, a new player may be dumbfounded to find that they have joined a bingo site where the software they are using is identical to the software at a different site they played at. They sometimes may also find that they are playing the same identical game with the same identical chat room and bingo players as a different site that they play at. This is very common today as many online bingo sites are now part of a Bingo Network.
A Bingo network is just as the name states. It is a network of bingo sites. Most Bingo Networks are owned by a corporation and have affiliates or “front end” owners within the corporation. Some networks will have all their bingo sites roll into one game and some will have separate games and chat rooms. Some networks will simply just share the same software as one another but will not have any other ties to the network. All in all, a network will comprise of 2 or more bingo sites that are affiliated with one another.
A Bingo network comprising of multiple “front ends” would have all of the “front ends” pooling into the same bingo game and bingo chat room. Often times, the corporation would supply the “front end” owner with a team that would include technicians, support, chat leaders and management. The “front end” owner responsibility would be to advertise and promote growth to their particular site with which they would receive a % of their particular client’s deposits less their withdrawals. The owner would have access to the networks team of support, technical, server, financial and chat group.
Some bingo networks would have all of the above but each of the networks bingo sites would have their own game and own chat team however, they would share the financial, technical and support teams with one another as well as the software.
Another type of networking is the “affiliate program” Affiliate programs are popping up all over the bingo community. There are numerous types of programs but by far, the most popular, is the affiliate referral program. The affiliate referral program would allow a person to refer numerous players to a particular bingo site and would be rewarded with a certain commission based on the referred player’s deposits. Often times affiliate members are affiliates with numerous bingo sites allowing them the opportunity for more monetary growth. They build advertising web pages and an email database whereas they can promote their affiliated sites.
A “sole” or “stand alone” bingo site is one site owned by one person or a corporation. This type of site usually will have its own software and own team however; sometimes they will purchase the rights to use software that is used at other online bingo sites. The “stand alone” bingo site however will not have any other bingo sites pooling into their game or chat. Often times, this will lead to less players and smaller prizes.
The advantages to being part of a bingo network as opposed to a stand alone bingo are obvious. There is a lot more advertising for a bingo network hence a lot more players and larger prizes. The bingo networks are able to give more for a player’s dollar as well; however, some bingo players would rather have a smaller bingo site giving them increasing odds of winning. The choice is yours.