Online Bingo Bonus Conditions

All bingo sites offer welcome bonuses to new players, you will know this if you have ever played at a bingo site before. This is a set amount of money that is received upon completion of the first successful deposit.

There are not many people who understand that there are terms and conditions that come complete with these welcome bonuses. However, there are a lot of people out there who just accept these bonuses, thinking that there will be no problems with them sending them straight to their banks.

Bingo sites would quickly go out of business if they were allowed to do this. The reality is that you can never send the bonus money to your bank at all; the bonus money is simply for buying bingo cards to play with.

You are in fact playing with the bingo site’s money, not your own, when you buy the cards. If a bingo card that you bought with bonus money wins, then there will be no issues with you cashing this money out and sending it to your bank.

You also should understand that there are wagering requirements that you will need to complete before you cash everything out, these are simple enough. This is normally the bonus money plus twice the amount of what you first deposited, but this does differ between sites.

For example, if you deposited £10 and got a £20 bonus, the wagering requirements would be £60 because 30×2 is 60. Some sites will not let you cash out any money until you’ve met these requirements, others will allow you to withdraw your deposit only.

You will be fine as long as you understand these important terms that I have mentioned, before you play at any site, make sure you read their specific terms. Look at Online Bingo Geek which has more in depth information about understanding the terms and conditions if you’re still unsure as to how it all works.