Taking a Bingo Deposit Bonus or Not?

Taking a Bingo Deposit Bonus or Not?

When playing online bingo, players must decide whether or not to accept the bingo deposit bonus offered. Most bingo sites give some form of bonus whenever a player makes a deposit . The amount of a bingo deposit bonus can range from 10% of the money deposited through to 300% or more. The bonus usually comes in the form of “bingo bucks” or BB’s as they are commonly known. BB’s cannot be cashed out but they can be used to purchase bingo cards.

At most online bingo halls, the bingo deposit bonus is credited automatically to the players account when they deposit money. However if a player chooses not to accept the bonus they can contact the bingo CM or customer support to have a bonus removed from their account. No player is under obligation to accept a bingo deposit bonus and some players choose to play without bonuses.

So, what are the pros and cons of bingo bonuses? A bingo deposit bonus makes players money go further and allows them to play longer. Players playing with bonuses tend to purchase more tickets so the odds of winning technically improve in their favor. Bingo is a game of odds and the more tickets a player buys the greater their chance of winning. By accepting a bingo deposit bonus, a player could play twice or three times as long as they could without a bonus. Another reason for accepting a bonus is that is feels like the bingo site is giving away something for free – even though a player needs to make a deposit to take advantage of this “freebie”. However in this day and age everyone likes to think they are getting value for money and for most players bingo bonuses still feel like free bingo money.

Some players decide not to accept a bingo deposit bonus. Bingo bonuses can usually only be used to purchase bingo cards and not used on the slots, video poker, scratch cards and other side games which are available at most bingo sites. For players who enjoy playing the side games, bingo bonuses are not particularly useful as they still have to use their own deposited money to play the games.

Secondly, the terms and conditions which come with some bingo bonuses can also put some players off accepting them. All bingo bonuses have wagering requirements which must be met before any winnings can be withdrawn. The rate at which a bingo bonus is converted into cash varies from site to site but most bingo sites have rules that winnings cannot be withdrawn until the bonus conditions are met. Most bonuses cannot be cashed out so when a player makes a withdrawal, they usually forfeit any bonus which is remaining in the account. Nothing is more frustrating after a big win than being unable to make a withdrawal because there is still a bonus remaining in the bingo account.

Whether to accept a bingo deposit bonus or not is largely a matter of player choice. A bonus can give additional playing time and value for money, but always read the terms and conditions carefully.

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