The number of bearings in a reel is one of the most overrated things in fishing. A cheap reel with 12 bearings is just that, a cheap reel with a bunch of cheap bearings. Companies advertise the high bearing count as a selling point. The quality of the materials used in the reel and the fit and finish of those parts are what makes a quality reel, not the number of bearings.
I'm speaking in generalities, not about your specific reel. As the price of the reel goes up, the bearings are normally better quality and then the count starts to mean a little more. A cheap reel with 10 bearings wont be as smooth or last as long as a quality reel with 5 bearings.