Bingo is such an obvious game I hardly think to mention it. But of course it can be loads of fun and used for teaching numbers or if you don't have an official game set, simply cut up some paper, make the grid and have students write in "their choice" of the study vocabulary. I did it for my "Very Good Words" Lessons many times. Take note, I'm posting my entire ESL Music Video System for free right here! Doing times of a clock is a great idea too, like 3:15, or "quarter to four," as they get more advanced.
The best way to do the Bingo with the students is to make the grid together on a sheet of paper and then have the students' choose their favorite words from your word list. Teacher can include a few extra important words if he or she likes.