Terms & Conditions For Bingo No Deposit Bonus Codes
Deciphering fine print isn’t the most exciting part of getting a free bingo bonus. However, it is necessary to take full advantage of a free bonus.
Once you understand standard terms and conditions, you can compare and assess offers in seconds.
Read on to find out more:
You’ve Got To Wager Bonus Winnings
Free bonuses are added as bonus cash. You have to play through this bonus money between 10 and 70 times to convert it to real money. This is called ‘wagering a bonus.
When you’ve wagered your bonus, money remaining in your bonus balance is transferred to your cash balance from where you can request a withdrawal.
Let’s use an example to put all of the above into context:
- You get a $30 bonus subject to a 10x wagering requirement.
- For this bonus cash to become real money, you must pay an amount equal to 10 times the bonus:
A $30 bingo bonus x the 10x wagering requirement = You must wager $300.
- As soon as you’ve wagered $300, any remaining bonus funds are transferred to your cash balance – now, you can withdraw your winnings!
Bonus Winnings Are Capped
Gambling sites limit how much you can win with a free bonus.
Therefore, you can only take out a certain amount, irrespective of how much you’ve won. Win limits typically range from $10 and $200.
Bet Caps
All wins are a multiplication of your bet. Therefore, bingo sites can lower their risk by limiting the size of your bets. And guess what – they do!
When playing with bonus money, you generally cannot play more than $5 per spin or hand. You may occasionally come across sites with more generous limits, but they’re rare.
You’ve Got To Redeem And Wager Bonuses Quickly
Once you get a free bingo bonus, you usually have 7 days or less to use and wager it. If you don’t, you’ll lose the bonus.
Games Affect Your Wagering Requirement Differently
A game’s weighting percentage lets you know how much of your bet counts towards the wagering requirement.
When you bet $10 on a game that is 100% weighted, your wagering requirement is reduced by $10. This means your entire bet counts towards the wagering requirement.
But if you bet $10 on a game with a 5% weighting percentage, just $0.5 is taken off the wagering requirement. Consequently, you’ll have to spend 20 times more money to wager the bonus.
Slot games are generally100%-weighted. Other games tend to range from 0% to 20%.
You Can’t Play All Games With Bonus Funds
Casinos and bingo sites invariably have a list of excluded games you can’t play with bonus money.
You find this list in the general user terms, and it usually includes these games:
- Slots with high RTP and volatility
- Jackpot games
- Table games
- Live Casino Games
Don’t use a free bonus on excluded games – if you do, the casino may void your bingo bonus and close your account!