When choosing a new site to play bingo on, it’s important to consider the wagering requirements that the site requires you to meet before you are able to withdraw. Of course some sites have high wagering requirements which can be bothersome, but there are a few sites out there which offer low wagering requirements representing a good deal for players. In fact, there are even some no wagering requirements bingo sites out there which mean you don’t have to worry about requirements – just play, win and withdraw!
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What are wagering requirements?
Wagering requirements are basically terms which state how many times you have to wager a bonus in order to withdraw it or winnings earned from the bonus. A lot of bingo sites put high wagering requirements in their terms meaning that you’ll have to spend far more than the bonus amount is worth in order to withdraw any winnings.
What this basically means is that you’ll have to wager the bonus amount multiplied by the requirement. So for example if the bingo site comes with a wagering requirement of 10x, you would have to wager your bonus amount (for example say £50) 10 times over before you could withdraw any cash earned from this bonus.
However there are some sites in existence which don’t place these requirements on their bonuses. These are known as bingo sites with no wagering requirements.
Sites with no wagering requirements
One of the best sites out there offering no wagering requirements bingo is mFortune. This bingo brand offers new players a £5 no deposit bonus for signing up, meaning that players don’t even need to deposit their own cash to start gaming on this site. More than that, this bingo site operates a ‘keep what you win’ policy which means that there are no wagering requirements and players are free to keep whatever they win from this £5 free bonus and subsequent deposit bonuses offered by the site. You really could win money for nothing at this site.
Are there terms and conditions to be aware of?
As with any bonus, and any offering from a bingo site which seems a bit too good to be true, there are often terms and conditions which must be met in order to either qualify for the bonus or to take advantage of the no wagering requirements condition. For example, although you can receive a £5 free no deposit bonus at mFortune, you will have to enter your card details to the site in order to receive the bonus. Although no money is taken, this can be an unexpected issue, particularly if a player would prefer to make their deposits and withdrawals via another method
Comparisons to sites with low wagering requirements
Although no wagering requirements seems like a good deal, there are still limited bingo sites where this option is available. Instead it might be better to look for a bingo site with low wagering requirements to play on, particularly as they can offer bigger bonuses in the long run. One great bingo site which offers low wagering requirements but big bonuses to boot is Wink Bingo. Here players are welcomed with a 250% bonus, plus a spin of the bonus wheel where a further £15 to £1,000 can be bagged. More than this, the wagering requirements here are 2x the total amount of the bonus amount plus the deposit total.
Offering an equally brilliant deal is 888 Ladies Bingo. This site promises a more generous 400% welcome bonus on a first deposit, plus £88 worth of free bingo where there’s real money jackpots up for grabs. Again a 2x requirement must be met, meaning there’s not much to spend to reap the benefits back here.