What Is a Bingo Deposit Bonus

What is a bingo deposit bonus? This is a question that asked by many players when they first start playing bingo online. This will give a short summary of what bingo deposit bonuses are and how they work.

 

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Bingo sites, like other types of business, want to get new customers; so they tend to make offers to try and encourage people to join up. One of the things they often offer is deposit bonuses. These vary somewhat in size and in the way they work.

The usual type of deposit bonus given by online bingo sites is a cash match bonus. This means that the amount of bonus you receive is dependent on how much money you deposit. Most are 100% or 200%. It means that when you pay money in, they will put more in giving you a bigger bingo balance. With a 100% cash match bonus, for example, if you paid in £50, they would pay in another £50 (100% of your deposit) so you’d then have £100 to play bingo with. A 200% bonus works in the same way, but it would be 200% of what you paid in, so an extra £100 in the example of a £50 deposit.

Bingo deposit bonuses have terms and conditions attached to them. These are usually that you must be over the age of 18 and resident in the right country; then there are withdrawal conditions. Normally you can’t withdraw the bonus itself but you can withdraw any bingo winnings.

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