When you join a bingo website, you'll frequently come across the term 'wagering'. If you've never played online bingo before then you might be unfamiliar with it. Below you can find a detailed explanation.
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100% Bonus Match up to £50 & 50 Spins
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 50 Free Spins [FS] on selected game (FS Split over 2 days & valid for 3 days respectively, wins cap: £7.50). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&C apply.
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100% Bonus up to £50 +50 Free Spins on Your 1st Deposit
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 50 Free Spins [FS] on selected game (FS Split over 2 days & valid for 3 days respectively, no wins cap). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&Cs apply.
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100% Bonus up to £50 +50 Free Spins on Your 1st Deposit
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 50 Free Spins [FS] on selected game(FS Split over 2 days & valid for 3 days respectively, no wins cap). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&Cs apply.
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100% Bonus up to £50 +50 Free Spins on Your 1st Deposit
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 50 Free Spins [FS] on selected game (FS Split over 2 days & valid for 3 days respectively, wins cap: £7.50). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&Cs apply.
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Add £10 Play with £20 +20 Free Spins
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 20 Free Spins [FS] on selected game (valid for 3 days , wins cap: £3). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&C apply.
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100% Bonus up to £50 +50 Free Spins on Your 1st Deposit
**New players only. Valid until further notice. Min deposit £10 for 100% Bingo Bonus [BB] up to £50 + 50 Free Spins [FS] on selected game (FS Split over 2 days & valid for 3 days respectively, wins cap: £7.50). FS wins granted in Games Bonus [GB] after all FS used. GB valid on selected games only. Wagering requirements [WR]: 4x (deposit + BB funds) & 85x GB funds. WR vary by game. GB wins cap: £100 + initial bonus amount. UK: deposit balance can be withdrawn at any time. 18+. Withdrawal restrictions & Full T&C apply.
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Wagering varies from one bingo site to another. It's uncommon to come across any websites where no wagering is required, in most cases it is needed. Also, there are two types of wagering requirements - one related to bingo bonus funds and the other related to games bonus / winnings funds. Most of the time, the bingo bonus wagering requirement is much smaller than the games one.
For example, when you're looking for a website to start playing on and you're looking at the welcome bonus offers, there are often wagering requirements attached to an offer. A wagering requirement in this instance would be the number of times you would play with the bonus funds before you are allowed to make a withdrawal of funds.
So, if your welcome offer involved a matched deposit bonus, say you deposited £50, with a 100% deposit bonus you would have £100 to start playing with. If the wagering requirement on the bonus balance is 10x, then this means that you'd have to play with £1000 before you could make any withdrawals.
But your deposit bonus can also come in the form of free spins and free bingo tickets, so there isn't an actual monetary value involved in the bonus. This means that there isn't a bonus balance to multiply for the wagering requirement, but the wagering is calculated against your winnings from free tickets and spins instead. Here's an example, if you won £60 with your free tickets or spins and the wagering requirement is 15x then you would have to deposit and play with £900 before you're able to cash out and withdraw winnings.
There are bingo websites where there are no wagering requirements. In actual fact though, it's still essentially a x1 wagering requirement, because if you receive a bingo bonus of £30, you won't be able to withdraw this monetary amount immediately otherwise there'd be absolutely no benefit to the bingo website with this offer! You'd need to play with the bonus amount at least once for you to start being able to withdraw.
The incentive of no wagering for a bingo website is for a player to try out the games on offer and see if they like what they see and carry on using the website.
No wagering is an attractive proposition for some players or players who don't want to commit a lot to a site and might not be long-term players.
You can try out lots of different welcome offers on lots of different bingo sites, so the idea is that hopefully with a no wagering offer, you'll stay on a bingo site because you genuinely enjoy the games and community and can become a loyal, regular player. In such a crowded marketplace, bingo sites will try out lots of creative ways to attract players, especially long-term players.
It's definitely worth checking out different wagering requirements on different bingo sites, as you might be able to play the same games across platforms, but the wagering requirements can be more attractive to you on one site and not the other - e.g no wagering requirement vs x10 wagering requirement.
Free Spins - A common no wagering bonus is free spins. You could receive 15 free spins, which could each be worth 10p and have to be used on a certain game. If you've used up the 15 spins and won a monetary amount, you can then withdraw the amount.
Free Bingo Tickets - This is a really popular no wagering bonus and it's often combined with a minimum deposit amount, e.g if you deposit £20 you'll receive 20 free bingo tickets. Once you deposit that amount, you'll be able to activate the no wagering bonus and play 20 games free. You could win nothing with your first 15 free tickets and then win £30 in your final 5 tickets. Because there's a no wagering bonus you can then withdraw and enjoy!
Free Bingo, No Deposit/Wagering - There are also free bingo bonuses available to players without having to make a deposit at all. That's right, no wagering requirements in return for free bonus tickets, spins or bonus cash. This is actually not particularly common with bingo websites, for obvious reasons, it's quite beneficial for the bingo player only and not the platform itself. However, it does happen sometimes and it's worth taking advantage of when it does!
Matched Deposit Bonus - Some bingo websites will also match your first deposit - if you deposit £20 and there is a 150% no wagering matched deposit bonus, the site will add £30 to your balance and you have £50 to play with! With most websites, the requirements include playing through the wager, so you'll need to have played with the matched deposit bonus before you can withdraw any winnings. There might also be requirements applicable to the specific games you can play with your matched deposit bonus, for example there could be terms that limit you to bingo games only and not slot or casino games.
As you can probably tell, most of the wagering requirements are directed at first time players through welcome bonuses. This is so bingo websites can try to attract players and hopefully convert them into long-term loyal bingo players.
But there are sometimes no wagering requirements that are directed at regular players too. Again, this can be to help keep players loyal and reward them with some alternative bonus offers. Regular players can easily lose interest with a bingo website that doesn't incentivise them to stay and play with them so no wagering requirements for regular players is quite a savvy move by bingo websites.
The terms and conditions for activating a no wagering bonus vary from bingo website to bingo website but there are some common requirements that most sites will have:
Debit/Credit Card - You'll often be asked to deposit funds using a debit/credit card if you want to activate a no wagering bonus. This is so that the bingo website can ensure that players are not creating multiple accounts to activate bonuses.
New Customers - The main reason that bingo sites offer no wagering bonuses is so that they can attract new customers to their website and encourage them to become loyal players. So, it's unsurprising that bingo sites want to maintain that it is just new customers that benefit from no wagering bonuses. This means that players with newly registered accounts that haven't activated a no wagering bonus before will be able to access these types of welcome offers.
Maximum Winnings - Some bingo websites will have it written into the terms and conditions for no wagering requirements that players have a maximum winnings amount. This is a cut-off point of winnings that players can access from directly using their no wagering bonuses.
Minimum Deposit Required - Most websites will ask players to deposit a minimum amount, so that they can activate their no wagering bonuses. This is so it's actually worthwhile for the bingo website to offer. But if there is a no deposit wagering bonus then obviously this doesn't apply - check the terms and conditions!
Promotion Code - You can be asked to provide a promotion code and input it to access your no wagering bonuses.
Time Limit - Be careful because some bingo websites will have time limits for their no wagering bonuses in place. Make sure you check the terms and conditions and find out how long you've got to use your no wagering bonuses for before they expire!