Deposit Bingo Bonuses

Offering deposit bonuses is a strategy adopted by all major online bingo rooms, aiming to outdo the competition by attracting more players with appealing promotional incentives. The deposit bonus is the most common incentive of this type and is awarded to bingo enthusiasts who sign up at bingo rooms and deposit the minimum required amount to qualify for the offer, which is generally as low as £5 or £10.

The deposited amount is then matched with a bonus. For example, if you deposit £10 and opt in for a first-time deposit bonus of 500%, you will receive an additional £50 with which to buy free bingo tickets. The bonus is normally limited to a specific maximum. An example would be 888bingo, which offers a 500% sign-up deposit bonus of up to £100. You can use this bonus amount to buy free tickets to play at the qualifying bingo rooms of 888bingo.

As is often the case with online gambling promotions, participating bingo players have to clear their bonuses by meeting the wagering requirements. This means you need to purchase bingo tickets of a specific value before you can withdraw the winnings generated with the free ones. The number of times you need to wager the bonus varies between casinos, but it is usually lower than that for casino deposit bonuses. Often, you can clear the bonus by playing the mini-games offered in the bingo room.

By way of example, suppose you earn £300 with your free bingo tickets and want to withdraw it, but you are facing wagering requirements of four times your profit. You must therefore spend £1,200 of your own money on tickets. If your bonus is “sticky”, it is not withdrawable and you will be able to cash out only the £300 you won. If it is withdrawable, you can cash out your winnings plus the £100 from the original bonus for a total of £400.

We have compiled a short list of some of the most popular online bingo rooms and advise you to take a look at them to see which one offers you the best deposit bonus deals.

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