When you go onto a new bingo site for the first time, they’ll be attempting to help you sign up with a range of offers. These are used to set the site apart from the others on the internet and a first deposit bingo bonus can be just the thing players need to encourage them to deposit. These offers are an added bonus on top of the deposit that you make and will usually let you start testing the waters on the site.
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How These Bonuses Stack Up
When compared to other bonuses, first deposit ones are generally a lot higher than subsequent ones. This is purely to entice players to the site to try it and then keep them there with other offers. The deposit bonus is given as a percentage of the original deposit and will be capped at a certain amount.
No deposit bonuses should also be on the radar of any avid bingo player, as it essentially lets you play for free. As the name suggests, there’s no deposit necessary for players to get their hands on these funds and they are fixed instead of based on a percentage.
Newbies might also find that their first deposit comes with other added bonuses too, such as free spins or free bingo. This is more of a welcome offer package deal, so it’s up to players if they’d prefer a higher percentage or the chance to win more.
Different Types of Welcome Offers
First deposit bonus bingo can come as part of a larger deal and players must shop around to find what’s best for them. For instance, at Wink Bingo there’s less of a percentage boost than at 888 Ladies but the additional chance to win a prize might make this more of a priority for players. Similarly, at Lucky Cow Bingo there’s no deposit bonus but the winnings from 500 free spins could potentially be worth much more.
Wagering Requirements and Terms
Depending on the type of bonus that you receive, there can be some strings attached on how you spend it. All sites will have a wagering requirement on their bonus funds, which will designate how many times you would need to wager it to withdraw. Once these conditions are met, players can feel free to withdraw any winnings that they have accumulated.
Other terms to watch out for are the expiry date or removal of bonus funds, which can happen on many sites. Withdrawing the real cash can then cause the bonus funds to disappear or they may expire after a set period. The exact information on this will be found in the terms of the site in question.
Finally, if your deposit bonus comes in the form of free spins then these can be limited to one game or may only be able to win you a set amount. Reading up on the terms of the bonus before you deposit will give you the details of what the jackpot is fixed at and the set value per spin.
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