How is the bingo prize money calculated?

The prize pool is usually calculated based on the number of players and the total stake during a game. With a progressive jackpot this is different as the winnings are a sum of different games or machines so the total fluctuates and is much higher than with regular Bingo. With Bingo this is no different although sometimes a fixed amount of prize money is used so that it is immediately clear to players in advance what they are playing for. At Bingo, a payout ratio of 3:2 for winnings usually applies.