T&Cs For Bingo No Deposit Bonus Codes
To get the most out of a bingo bonus, you need to grasp its t&cs.
As soon as you’ve understood how bonus terms work, you can accurately evaluate gambling sites and their bonuses and choose the ones that are right for you.
Here’s what you should know about bingo bonuses that don’t require a deposit:
You’ll Have To Wager Bonus Winnings
To turn a bonus into real cash, you have to play a certain amount. The online casino calculates this sum by applying a multiplier to your bonus. This is known as a bonus wagering requirement.
Wagering requirements span from 10 and 70 times your bonus- and the higher the wagering requirement, the harder it becomes to turn the bonus into real money.
Let’s look at an example:
- You receive a $10 bonus with a 40x wagering requirement.
- To turn this bonus into real cash, you have to wager an amount equivalent to 40 times your bonus:
A $10 bingo bonus x the 40x wagering requirement= $400 to wager.
- Once you’ve bet $400, any bonus money remaining in your bonus balance is converted to real cash. You may now withdraw your winnings!
Bonus Winnings Will Always Be Capped
All online casino and bingo sites apply win limits to their free bonuses as a form of risk control. And these limits usually range from $10 to $200.
No matter how much you win, you can never cash out an amount exceeding the set win limit.
There Will Be Bet Size Limits
Most of the time, you can only play up to $5 per hand or spin with a bingo no deposit bonus. Casinos and bingo sites have this rule to limit how much you can potentially win with a free no deposit bonus.
You Need To Redeem & Wager Bonuses On Time
Most bingo no deposit bonuses have relatively short expiry dates. You’re often required to play and play through your bonus within seven days of receiving it.
Games Affect The Wagering Requirement Differently
A casino game’s weighting percentage specifies the portion of each stake that counts towards the wagering requirement.
When a game is 100% weighted, your whole bet counts – if you bet $10, $10 is deducted from the wagering requirement.
But when a casino game is 20% weighted, a meagre $2 is subtracted from the wagering requirement if you play a $10 spin or hand.
What’s important to know here is that slot games are generally 100% weighted, whilst other casino games have weighting percentages between 0% and 20%. Hence, you’re most likely to wager a bonus if you stick to playing slots!
Not All Games Can Be Played With Bonus Funds
Online Casinos and bingo sites invariably omit certain games from bonus play.
These are the games they typically omit:
- High RTP and volatility slots
- Jackpot games
- Table games
- Live Casino Games
You should never use a bonus on omitted games as you risk losing your bonus and having your account closed.