What Is A Bingo Deposit Bonus?

Whatever online bingo site you’re playing on, when you are getting ready to make a deposit, it’s a good idea to pause and check out whether there’s any deposit bonuses available. By making sure that you meet the qualifying criteria you could find yourself able to collect great bonuses for free. Deposit bonuses are a really convenient way to play without spending so much money, and are particularly useful if you’re on a tight budget.

Just like other online deals, it’s a good idea to keep an eye out on your favourite sites to see when deposit bonuses are being offered. The availability of these could be the deciding factor about which site you opt to play on.

The companies that run the bingo sites want you to choose their games to play on and they know that many players are looking for freebies or something extra to entice them in. By offering a generous welcome bonus, site owners know that more players are likely to sign up. But to keep those same people coming back for more, there has to be something extra, and that’s why loyalty bonuses and deposit bonuses are frequently offered to established players.

Understanding how a deposit bonus works

If you’re a newbie when it comes to online bingo, you might not yet be familiar with the way in which a deposit bonus works.

A deposit bonus is something which players are rewarded with as an extra in return for crediting their account with some money.

There are different types of bonuses available, from money to bonus funds and free prizes.

One of the most common types of deposit bonus is the one you’ll get when you sign up. This is often known as a welcome bonus. This is frequently offered as a match deposit bonus where the bingo site promises to increase your deposit by doubling, tripling - or more - the amount of money you credit.

The way in which your deposit bonus can be spent will vary from site to site so you’ll need to take a close look at the rules to see what they state.

But it’s not just a welcome bonus which is typically on offer; every time you “reload” you could find yourself on the receiving end of more deposit bonuses. Every bingo site offers different amounts so check what’s available before splashing your cash.

What is A Bingo Deposit Bonus?

 

Calculating what you will get

Some types of deposit bonus are expressed as a percentage, which can be difficult to understand for a newbie.

As an example:

£10 deposit and £20 free = 200% deposit bonus leaving a total of £30 available for play.

Not every site offers a deposit bonus every time; some offer higher percentages less frequently so work out which type of offer would benefit you the most.

Be aware that some of the types of bingo bonuses have strict terms and conditions attached to them, most frequently in the form of wagering requirements. This means that you will have to spend a certain amount before you can withdraw any money. This is to protect the bingo site and to stop players from simply withdrawing all of the bonus cash they dish out!

Don’t miss out

Deposit bonuses are a great way to enhance the money available for play and can make it much cheaper to play for big jackpots. Check what’s on offer and what promotions are available and you could find yourself with a bulging balance ready to play!