Pull tabs are basically gambling tickets which have been in existence for many years and are an essential part of any bingo game. The object of the game is to match the symbols placed inside the ticket to the combinations on the front of the ticket. One securing a winning combination, the pull tab can be returned for availing a monetary prize. The price for a pull tab starts from close to a quarter of a dollar to usually goes up to $2 with the winning prize money being in the range of about $1000 or even higher.
The other popular names of the pull tabs are:
- Nevada Tickets
- Cherry Bells
- Instant Bingo
- Lucky 7s
- Popp-opens and
- Pickle cards
The information contained in a pull tab:
- Each pull tab comes with its own specific form number indicating the payout and profit
- Payout provides the exact amount of prize money
- The ideal profit indicates the amount a player shall make after the game is sold out
Pull tabs are also popular during charitable games played for a good cause or any such social event. The selling point of any good pull tab is the variety and creativity that is on offer. People always look for catchy pull tabs with latest themes and advanced graphics to elevate their gaming experience.
The electronic pull tabs derived from their real world cousins were first seen in the 1990s and became an instant success. People were attracted towards the rich designs and the electronic pull tabs became immensely popular. There are certain state laws that prohibit the electronic pull tabs from having spinning reels like the slot machines but apart from that designers can make full use of their imagination to produce some of the most interesting slots.
Some of the important features of pull tabs include:
- Created under strict regulations to ensure fair game
- Inspected and regulated by competent authorities
- Systems to detect and discourage forgery
Low price, decent jackpot
Though the pull tabs can be bought for less than a dollar or with some loose change, the chances of making it rich are non-existent. The pull tabs offer a jackpot prize of a few thousand dollars, which is great but hardly enough to change someone’s fortune. At the same time, pull tabs can provide enough prize money to the players for them to have a good time and go out shopping.
Uses of pull tabs
Generally, pull tabs are not much different from the traditional lottery and have found an important place in bingo games especially those which involve fundraising. Pull tabs have been found to be a relatively easy and convenient way of raising money for a good social cause. The regulatory and monitoring authorities ensure that the players have a fair chance of winning a jackpot and they take steps to discourage malpractices.