When choosing a site to play bingo online or on the go, there’s one thing that’s important to consider before you start depositing any of your own cash to a site, and that’s wagering requirements. These are placed on almost all bonuses on bingo sites and must be met if you are looking to withdraw any winnings you earn with a bonus amount.
What are wagering requirements?
Wagering requirements are basically a set condition placed on your bonuses at a bingo sites, which make clear how much you will have to wager in order to be eligible to withdraw your bonus or winnings from the bonus amount. Put simply, wagering requirements state that you must wager your bonus amount a set number of times before you will be able to withdraw the cash. A lot of sites ask that players wager huge amounts in order to try and claim cash withdrawals from bonuses, however there are some sites which offer low wagering requirements bingo.
A high wagering requirement is usually regarded as having to wager anything over 10x your bet amount in order to cash out a bonus or winnings from a bonus. Some sites require that you spend even more – up to 50x your bet amount – in order to withdraw winnings. However thankfully there are some low wagering bingo sites out there which only require you to spend 4 or 5x the bonus amount in order to pocket all your winnings.
Terms and Conditions to look out for
Although the wagering requirement is a term in itself, there are conditions to look out for before you can make the most of this bonus. For example, although some sites require that you simply wager your bonus amount a set number of times in order to cash out your bonus or winnings, some sites will ask that you wager the bonus amount plus your deposit amount a set number of times. This means it will take a little longer to cash out.
Look at the terms and conditions of the site to see if you can take advantage of low wager bingo, and how much you’ll need to wager in total in order to do so. Additionally, check if there are any other terms, such as having to deposit a certain amount before you can make your first withdrawal, or if the minimum withdrawal amount will affect your transactions.
Sites with low wagering requirements
Thankfully there are still some bingo sites out there which offer the opportunity to take advantage of low wagering requirements, to make the most of your bonuses on the site. Here are 3 of our favourites:
– Unless stated otherwise, players at Bingo Hollywood need to wager 4x the total bingo bonus amount, or 40x the total games bonus amount before they are able to cash out. The welcome bonus differs again, requiring players to wager 4x the bonus amount plus deposit amount before they are eligible for withdrawal.
– Both the bingo games and slot games each have their own different wagering requirements and Tasty Bingo. With bingo bonuses, you only have to wager 2x the bonus amount to be eligible to withdraw, however games bonuses come with a far heftier 50x wager requirement.
– Wink Bingo offer an extremely exceptional deal when it comes to wagering requirements on the site. Unless a specific promotion or bonus states otherwise, players only need to wager 2x the bonus amount before they are then able to withdraw the cash or winnings earned from the bonus.