Understanding Bingo Bonuses
By: Ryan D
Online bingo enthusiasts should always familiarize themselves with the
concept of a promotional bonus and any special terms which may apply, before
they make a deposit.
Most online bingo rooms offer bonuses in the form of free chips or credits,
with the purpose of attracting new players and retaining them. There are many
bingo sites vying for the same players' business, so they use bonuses as a tool
to make their sites more attractive. Bonuses take different forms and players
should make sure they understand the workings of a specific bonus, as the terms
and conditions related to bonuses may vary between sites.
Types of Bingo Bonuses
Bingo rooms generally offer two types of bonuses: new player signup bonuses
and "reload" bonuses.
New player sign up bonuses typically match your deposit up to a set maximum,
for example 100% match up to $100. This example would give you $200 to play
with. Bonuses like these apply only to new players, and cannot be reclaimed. The
amounts and percentages vary greatly between bingo sites, but the principle
generally stays the same. Some bingo sites will add special bonuses to celebrate
special events so look out for those.
Reload (or retention) bonuses are offered to existing real money players.
These are generally aimed at getting you to deposit more money. These bonuses
take on different forms, although they all generally match your deposit up to a
maximum amount. Some bingo rooms offer you one bonus per month, while other will
reward multiple deposits up to a set maximum. These bonuses are a form of
loyalty rewards, thanking you for your business.
What's Is Expected From The Player?
Players have a responsibility when it comes to bingo bonuses and,
unfortunately, this is where some players get it wrong. Bingo sites won't just
give you free credits / money for northing. You are expected to hang around for
a while before you can cash out winnings (assuming you have take the bonus. If
you elect not to, you can cash out at any time). This is where the play through
requirements comes in. Generally, play through requirements will state that you
have to wager a certain amount before you can cash out. For example, some bingo
rooms will require you to wager through your deposit plus bonus a certain number
of times, e.g. 10 times. This means that if you take the bonus, you have to
wager through ($100 +$100) * 10 = $2000 in wagers. Some require you to only
wager through the bonus, and not your deposit. Make sure you understand bonus
terms and conditions before you make any deposit at a bingo room.
What's Expected From The Bingo Operator?
It is only fair to expect a bingo site operator to pay out winning in a
timely manner. That is an obvious requirement. To me, there is an equally
important criteria: clarity of communication, and specifically terms and
conditions. I use a very simple yardstick. If either I find it difficult to find
the terms on their site, and / or I don't understand them clearly the first time
I read them, I simply don't play there. It's like the features of any product or
service you buy: Clear communication of what you are getting, and any
restrictions which may apply. If a bingo site changes their terms and condition
and do not communicate changes, I just leave, and I recommend you do the same.
Bingo bonuses are a great way to increase your bingo bankroll, but you have
to make sure you understand how they work at every bingo room you visit.