Bingo sites with no wagering requirements are joy to find with new player bonuses often plagued with high wagering requirements meaning you’re never likely to see your bonus come through the other side. With sites opting for wagering requirements of up to 50x the deposited amount, it’s hard not to get bogged down in bonuses.
However, many operators are slowly launching bingo sites with no wagering requirements so we can stop pulling our hair out at ‘too good to be true’ offers and start winning more at honest, trustworthy sites.
What are wagering requirements?
Wagering requirements form the basis of the terms and conditions present on most bingo sites with new sign up offers and bonuses. The wagering itself is usually denoted as a ‘x2‘ figure and references the amount that must be spent before a withdrawal of winnings can be completed. If a ‘x2‘ wager on bingo is in force then you are required to spend (wager) twice the bonus before withdrawal.
You’ll often find that different wagering requirements exist for bingo compared to games with many sites opting for between x25 and x50 the deposit + bonus before it is possible to cash out. Bingo bonuses are usually a lot tamer with x2 to x4 being the usual wagering requirements, meaning spending a lot less on bingo to be able to withdraw your winnings. That’s good news.
Sites will often state that not all of the instant games will contribute the same amount towards the wagering requirements. Below is an example list of contributions of each of the individual game types:
- Video Slots PJP & Slots, Arcade, Scratch Cards – 100%
- Keno – 90%
- Roulette Games – 10%
- Hi-Lo Games, Video Poker, Baccarat, Blackjack Games – 5%
Restrictions on rooms may also apply with new player offers only being permitted to play and use their bonuses in certain rooms within the site. This can often ruin the new player offers, highlighting the ‘if it feels too good to be true, it probably is’ saying.
With hefty wagering requirements and limited numbers of rooms, they can be seen as a way to deter customers from withdrawing their winnings at all – souring the experience entirely. There is often an option to refuse the bonus on many sites and jump straight into the action by depositing, but we feel often makes you feel cheated out of a promised bonus.
What games can you play?
Bingo sites that claim to have no wagering requirements will often limit what rooms, games and tickets that you’ll be entitled to when you claim your bonus. This acts as a way to control the bonuses and prevent mass collapse of bingo sites – which is fair enough really. However, more and more sites are including some slot spins, which albeit may be on the smaller side, will pay out in cash rather than more bonus funds.
Can you still win real money?
Bingo sites with no wagering requirements are particularly good for one thing. You can still win real money when you play with them, bonus funds or not.
Win with one of the bingo sites with no wagering requirements and you’re onto a winner. You’ll have cash transferred straight into your balance, not bonus funds, so you’ll be able to withdraw as soon as you’re ready to. Some sites will tend to opt for smaller cash prizes when it comes to bingo sites with no wagering requirements, but with nothing deposited in the first place, it’s hard to get mad at it.