First Deposit Bonuses at Online Bingo Sites

A welcome bonus at an online bingo room is slightly different from the deposit bonus you might acquire at an online casino. First, here is how the normal casino bonus works:

Casino Bonuses

casino-bonusI’ve gone through these before and the rules are different for any bonus. It is always important to read the rules and restrictions before you decide to deposit money and receive a bonus.

The typical bonus will have a percentage between 50% and 300%. Anything over 100% is assumed to be a sticky bonus; this means you are using the bonus money as a means of wagering and the bonus cash cannot be withdrawn directly. When you place a bonus bet, the winnings from the bet will go into your real money account.

A casino bonus of 100% or less may be a cashable bonus. This means after you have completed a requirement for wagering the bonus money can be withdrawn. The amount of the bonus has a lot to do with this fact. Because a cashable bonus is more favorable to the player, you won’t see more than $200 or equivalent offered.

You will be required to wager the bonus and deposit amount a certain number of times, called the rollover. If you deposit $200, receive $200 bonus and the rollover is 20x, you will need to wager (200+200) x 20 or $8,000 before you can make a withdrawal. These wagering requirements are typically as follows:

Blackjack/Table Games: Between 40x rollover and 60x rollover; otherwise don’t accept
Slots/Keno/Instant Games: Between 15x rollover and 25x rollover; otherwise don’t accept

Be aware that most bonuses will have restricted games associated with them. Most often this includes Baccarat, Roulette, Craps and Pai Gow Poker. However, some bonuses are meant to be for Slots and Keno only. You will get the idea when you see a large bonus amount or a low wagering requirement.

The most often way that you will receive a casino bonus is through the use of a Bonus Code. This is a special code that you can either get from a site like this, directly from the online casino or through an email.

At some point, you will have needed to download the casino software and/or created a player account. You will enter the bonus code in the appropriate place at the casino cashier. Most of the time, you will enter the bonus code before you deposit money into your account; sometimes its the other way around.

Bingo Bonuses

bingo-bonusI now have something that I can compare to the bingo deposit bonuses. The bonuses sound similar; but there are some key differences that need to be stated. The bonus percentage is nearly the same; most bonuses are between 100% and 300%. However, the bingo bonuses that have higher percentages should be a low monetary value.

For instance, a lot of UK bingo sites will offer a player between £20 and £40 bonus if the player deposits and spends between £5 and £10 on bingo games at their site. This is perfectly fine for a bonus because the site is giving you additional chances to win the first time you deposit at their site.

However, if you find a 300% bonus that is valued more than £/$ 200, you have to assume that you will be playing bingo for a long time before you can cash out any winnings. For the bingo bonuses that are valued that high, you will usually only see a 100% bonus if the bonus is worth accepting.

Unless it is otherwise written in the rules, assume that the bingo bonus will work as follows: You will be required to use the Real Money you deposited first before you can begin using the Bonus Money. You will most likely not be able to cash the bonus money out directly. You will need to use the bonus money to purchase bingo cards; the real cash prizes that you win will go into your real money account.

The bonuses for bingo games have a much lower wagering requirement than casino games. For a smaller bonus percentage or bonus amount, I would want to see a 2x rollover on the Bonus only. For a larger bonus percentage or amount, I would want to see a maximum of 4x rollover on the Bonus only.

This is where you need to find the best online bingo reviews that you can find on the internet. They will help guide you towards the sites with the best deposit bonuses. Some bonuses that are out there aren’t worth the effort or time and player reviews will help point those bonuses out. Others, like this best Xbingo review, show that some of the best bonuses are really helpful to new bingo players.

One other thing that you will need to be aware of is any possible gaming restrictions. Most online bingo rooms offer side games such as slots, scratch cards and table games. You may be limited to only using the Real Money in your account to play these games. If a bonus does allow these games to be played, the wagering requirement for these games should be between 15x for slots and 30x to 40x for table games.

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