One
of the perks of joining an online bingo site is that you get to claim huge
promotional offers. The main promotions that you’ll possibly get when you
decide to join a site are of course bingo bonuses. This is nothing but a
marketing gimmick by site owners to ensure that people play the game more often and ultimately persuade them to make a
deposit.
Let’s look at some
of the reasons on why you need to ignore some bingo bonuses even though they
may look appealing...
· Winnings cannot be redeemed
The money received as bingo bonuses cannot be redeemed through cash as your winnings and bonuses are
treated separately. You first spend your winnings followed by the deposit and
finally the bonus amount. A bonus is a set amount of cash which can be used to
purchase bingo tickets. They are a way of enabling you to play games on the
site. Many sites make it look appealing by claiming to give away huge matching
bonuses. As a result, players are tempted to make heavy deposits just to get
their hands on the bonus. However, if luck is not on your side, you stand to
lose out on your hard-earned cash.
· Strict wagering requirements
Offers like a “100% deposit
bonus” need closer scrutiny even though they may look alluring at first.
Remember that most bingo bonuses come along with specific restrictions on the amount that will be matched, the types of permissible wagers and the games
which you can play. The most common restriction is what is known as a “wagering
requirement.”
For instance, a site might offer
you a “Welcome Bonus of up to $200.” An important phrase to note here are the
words “up to.” It indicates that the amount can be less than $200. When you
give a close look at the fine print, the terms and conditions might highlight
that the amount you’ll actually get depends upon your activity level during
your first month at the site.
For instance, a bingo site might
ask you to wager at least $20 within 7 days after you sign up. Only then the
free matching bonus of, say 100% or $20, will be awarded. If not, you don’t get the bonus.
· Strict terms and conditions
Let’s say a bingo site is
offering a first deposit bonus of 100%. Another note by the same site states,
“Qualifying deposits are restricted to at least $25 and maximum of $100 with a
wagering requirement of 20X.” This way, the highest amount you can claim is
$100. Irrespective of how much bingo bonuses you are awarded, a wagering
requirement of 20X should be met before you initiate the process of withdrawal.
In simpler terms, whether you win
or lose, you cannot withdraw any portion of the bonus until after you bet the
“free cash” for a minimum of 20 times. Putting it in another way, you need to
wager a minimum of $2,000 so that you get $100, which is a mere 5% gain.
All of this merely
demonstrates why you should pass on bingo bonuses and read the terms and conditions
before accepting the free offer. Not surprisingly, most complaints made against
bonuses are related to the strict guidelines and play-through rules.
