On this page8 sections
It's really worth it to take some time to understand various bonus types in online casinos. Here, we feature exclusively Bingo Bonuses. Read through this overview to get an idea of how you can benefit (or not) from Bingo Bonuses.
New Player Bonuses/No-Deposit Bonus
This is one of the most common online bingo bonuses you’re going to come across. Also known as registration bonuses, often online gaming sites will offer a small and free incentive. For example £5 Free Bonus or 10 Free Spins. There are usually restrictions such as unable to withdrawal winnings achieved from this bonus.
Welcome Bonus
What better way to play online bingo than with someone else’s money? Especially when that someone is the casino itself. Well, a welcome bonus, also common are welcome packages, bring the players in with a high percentage match offer and sometimes some free spins. The latest trend seems to be ongoing bonus packages. Online casinos will offer players match bonuses on their first few deposits.
A few things to note about the welcome bonuses:
- You get these bonuses upon your first deposit with a new casino. As a part of the sign-up process, you need to provide some basic contact information.
- You can use this bonus to win real money but don’t expect too much. Sometimes there are betting restrictions.
- Similarly, you will also be limited in terms of how much you can play and where.
- You’ll almost certainly need to clear some sort of wagering requirements before cashing out. Each game has different requirements. In addition, many casinos will only let you cash out after you make a deposit.
Despite these restrictions, welcome bonuses can still be very helpful.
Although rare, certain sites do allow you to win real money without making a deposit. For more information, check out their bonuses and promotions section before signing up.
Match Bonuses
The end goal of every casino is to incentivize players to make a deposit. Unsurprisingly, there are match bonuses associated with deposits. Here’s what you can expect:
Bonuses usually multiply the amount of cash you deposit by a certain percentage. There’s always a maximum limit that dictates how much bonus cash you can get. The promotions are exclusive per casino and these are common rewards for existing players.
Unlike welcome packages, these types of bonuses are lower in percentage but higher in max bonus. There are cases that a promotion will run throughout the day, offering 10% match on all deposits rather than a larger percentage a single deposit.
Expect certain wagering requirements and restrictions regarding what games you can play using the bonus.
Loyalty Bonuses
Casinos really like it when players come back for more. A returning player is a valuable customer and should be encouraged to keep playing. To that end, casinos have a second category of bonuses designed specifically for loyal players.
Loyalty Program
A lot of businesses offer loyalty programs and bingo sites are no exception. These programs reward players with loyalty points every time they purchase bingo tickets. Get enough of these points and you can turn them into bonus funds. In turn, these funds can then be used to purchase even more tickets. Also, be on the lookout for VIP programs as they tend to offer special rewards.
Referral Bonus
In addition to a loyalty program, a lot of casinos also offer a referral program. As part of this program, you can invite friends to join the casino and get rewards in the process. The rewards usually consist of bonus funds or loyalty points, though not always. Regardless of what the casino is offering, it’s guaranteed that the best rewards go to those with the most referrals.
Promotional, Chat Games & More
One of the highlights of online Bingo is the interactive chat rooms within a game. The admin makes sure to keep things interesting by offering various types of raffles, bonuses, jackpots, and giveaways. This keeps the rooms engaging and community-oriented by involving players in interactive games and fun.
Often times, players will be offered free bingo cards or buy one get one free. Another common giveaway could involve non-cash prizes. Players might see vouchers, free spins on casino games or free entry into Bingo tournaments.
The chat host will generally make an announcement and explain the rules, so players need to make sure they are attentive and engaged.
What You Need to Know about Wagering/Playthrough Requirements
Wagering requirements or playthrough requirements are tied to bonus funds. Some places also attach playthrough to a player's first deposit - it is rare but worth reading the terms of the bonus before depositing!
Industry-wide, there's a common standard of 30x playthrough with a Welcome Bonus. This means the initial bonus total will need to be wagered 30x before a withdrawal can be made. That's not to say you can't make a withdrawal, but you will lose your bonus if you do. Other bonuses will usually have a smaller playthrough. You can read more about wagering requirements right here at OzCasinos.
You’ll find that wagering requirements can vary greatly from casino to casino. Most of the time wagering requirements are quite a bit higher than 30x. Make sure to check each casino’s rules before playing.
Always be sure to read bonus terms and conditions before depositing.
