Best Bingo Bonuses 2020
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Best Online Bingo Bonuses
Last Updated on June 23, 2020 by Lillian Grey
With more and more bingo sites opening their doors to UK players, the best bingo promotions and bingo welcome offers are getting super-competitive. The overarching concept is that you will get a bingo bonus of some sort simply for opening an account.
This might come in the form of free bingo tickets, a matched deposit bonus, or even free spins. Either way, the best bingo sites offer bingo bonuses as a means to attract you to their site, so it’s well worth claiming as many as you can! In this article, we at BingoSites.Net guide you through the ins and outs of the best bingo bonuses UK. By reading it in full, you’ll be armed with all of the necessary information to turn your bingo bonuses into real-world cash!
- What are Bingo Bonuses?
- Best Bingo Deposit Offers: Types of Best Online Bingo Promotions
- How do Bingo Sign up Deals Work?
- How we Rate the Best Bingo Bonus UK Sites
- Best Bingo Offers Check List: What to Look for
- How to win Money on a Bingo Bonus
- Bingo Bonus Offers for Existing Players
- The Verdict
- Frequently Asked Questions
What are Bingo Bonuses?
Bingo bonuses are offered by bingo sites of all shapes and sizes. The main objective is to attract new players to their site through bingo welcome bonuses. As the name suggests, such bonuses are reserved for those that are yet to open an account with the bingo site in question.
Although the site knows that they might lose money in the short run, platforms hope that you will remain a loyal player in the long-term. The good news is that once you have consumed your bonus and (hopefully) turned it into real-world money, you are under no obligation to remain at the site. On the contrary, you can swiftly move onto the next bingo bonus site!
Best Bingo Deposit Offers: Types of Best Online Bingo Promotions
There are heaps of the best bingo sign up offers active in the UK gambling space, so it's important to have a firm understanding of how each promotion works.
One of the best bingo deals offered within a bingo sites best deposit bonus is that of free tickets. In most cases, you will be required to meet a minimum deposit amount to qualify for the bonus. For example, let’s say that the bingo site offers all new customers 15 free bingo tickets in return for a minimum deposit of £20. As long as your first deposit amounts to £20 or more, your account will be loaded with the 15 free tickets.
In most cases, the bingo site will limit the free tickets to certain bingo rooms. With that said, some allow you to use the tickets on any game of your choosing, so it really depends on the terms of the offer.
No Deposit Bingo Bonus
With the online bingo space getting somewhat oversaturated, sites are upping the ante by offering online bingo no deposit bonuses. This is where you will get a free bingo bonus without being asked to deposit any money. Instead, you simply need to open a bingo login account, and the bonus will be credited into your straightaway.
Note: Due to the risks of bonus abuse, you will need to verify your identity before being able to cash out the best online bingo deals. This is to prevent people from opening multiple accounts with the view of claiming several bonuses!
In terms of how the no deposit bingo bonus is credited, this might come in the form of free bingo tickets. In other examples, the deposit might be credited as bonus cash, which you then need to use on bingo games.
Matched Deposit Bonus
Some bingo sites simply prefer to offer a good old matched deposit bonus. For those unaware, this is where your first deposit is matched by a certain percentage, upto a maximum amount.
For example, let’s say that the bingo site offers a 200% matched deposit bonus of upto £200. This means that by depositing just £100, you will get £200 in bonus funds. This takes your starting balance to £300.
If you are using a proprietary bingo site, then it’s likely that you will need to use the matched deposit funds on bingo tickets. With that said, we at BingoSites.Net have come across offers where you can use the funds in the casino section.
Crucially, we always let you know what you can use the funds on when we list the best offers bingo on our site.
An additional bonus type offered by the best deposit bonus bingo sites is that of a free spins promotion. This is where you can use the bonus funds on a pre-selected slot machine. In most cases, the bingo site will give you the free spins alongside a bingo-orientated bonus.
This gives you the best of both worlds - as you get to enjoy bingo and slot games with your promotional funds! For example, the bingo site might offer new players a 100% matched deposit bonus of upto £50, plus 10 free spins.
In Layman’s terms, this means that by depositing £50, not only will you start with £100 in bonus funds, but you’ll also have 10 free slot machine spins to work through.
How do Bingo Sign up Deals Work?
So now that you know the main bingo offers sign up bonus types, we now need to take a closer dive at the fundamentals. After all, your main objective is going to be turning the bingo bonus into real-world pounds that you can withdraw, so it’s important to understand how things work.
Regardless of the bonus type you are offered, you will always need to play through the bonus at least once. While this point might sound obvious in the case of free bingo tickets or free spins, it might not with bonus cash.
What we mean by this is that were to bingo site to give you £100 in bonus funds, you would need to gamble that £100 before you even get to the point of cashing the bonus funds out. Otherwise, it wouldn’t be a very sustainable business model for the bingo site.
Bingo Bonus Wagering Requirements
First and foremost, the greatest thing that will stand in the way of you withdrawing your bonus winnings out is that of the wagering requirement. If the bingo site does implement this into its terms and conditions, you will need to gamble your bonus winnings a number of times before a withdrawal is permitted.
Before we get to that, it is important to note that unlike the traditional online casino sector, a lot of bingo bonuses actually come without withdrawal restrictions. This means that any winnings you generate from the bonus funds can be withdrawn straight back to your debit/credit card or bank account.
Scenario 1: Wagering Requirement of 3x
In our first example, let’s say that you are offered 20 free bonus tickets, and 25 free spins. Once you have consumed all of the tickets/spins, it turns out that you won a total of £45.
This £45 is then added to your bonus balance. This means that you can’t make a withdrawal yet, as you still need to meet the wagering requirement of 3x.
So, as your bonus deposit balance is £45, this means that you need to gamble three times this amount before a withdrawal is permitted, which amounts to £435. Once you hit this figure, you can cash out your entire bonus balance.
Scenario 2: Wagering Requirement of 1x
In our second example, let’s say that you are given a no deposit bonus of £20. Although the bonus is paid in cash, you need to use it on a select number of bingo rooms. In doing so, you managed to win a total of £15. Now, the bonus terms and conditions stipulated a wagering requirement of 1x, which is based on the original bonus of £20.
However, as you have already gambled the £20 in bonus funds, this means that you have met the wagering requirement of 1x. As a result, your £15 in winnings are transferred straight to your real money balance, which can then be withdrawn.
Bingo Bonus Time Limit
Most bingo bonuses come with a time limit. This is usually 7 days, meaning you have 1 week until the bonus funds expire. For example, let’s say you were given 20 free bingo tickets, but you only managed to get through 15 games. Once the 7-day time limit is reached, you will lose the remaining 5 tickets.
As such, you are best advised to fully consume your bonus, as otherwise, you won’t get the full amount. There is often a time limit on you reaching your wagering requirements. For example, you might get 30 days to hit your wagering target before your bonus balance is revoked. Crucially, you need to check this before claiming the offer. We now have a page with free bingo no wagering offers for UK players.
Cap on Winnings
This is an additional condition that we at BingoSites.Net often come across. However, some bingo bonuses sites place this deep within their terms, so players are often unaware that a cap actually exists.
In a nutshell, some bingo bonuses come with a maximum win. For example, although you might get £50 in bonus funds, you might not be able to walk away with more than £300.
How we Rate the Best Bingo Bonus UK Sites
Wondering how we rate our recommended bingo bonus sites? Well, in order for us to provide our readers with the very best bonus offers of 2020, our team of in-house experts spend countless hours searching through our database of bingo sites with deposit bonus offers.
Our proprietary software notifies us as soon as a partnered bingo site updates their bonus offering, which we then manually explore. This could be anything from a small change in the bonus terms and conditions, to a completely new no deposit offer.
Either way, as soon as a new bingo bonus is launched to the UK market, you can be all-but-certain that we are one of the first sites to publish it. With that being said, we don’t publish each and every bingo bonus that hits the UK space.
After all, we only want our readers to be accustomed to the very BEST online bingo offers UK. For example, let’s say that we come across a huge 400% welcome package that is exclusive to UK bingo players.
As great as this sounds, the promotion wouldn’t make our site if it comes with really high wagering requirements! Ultimately, the whole point of us publishing bingo bonus offers is so that you can turn them into real world, withdrawal cash!
Best Bingo Offers Check List: What to Look for
Still confused with what to look for when claiming a new bingo bonus? If so, be sure to refer back to our bingo bonus checklist.
- What type of bingo bonus is it? For example, is it a matched deposit bonus, free bingo tickets, no deposit bonus, free spins, or something else?
- What is the minimum deposit required to get the free bonus?
- Is there a maximum amount that you can win?
- Does the bingo bonus come with wagering requirements? If so, how much?
- What time limit does the bingo bonus come with?
- Am I eligible to claim the bonus? For example, is it only for new UK players that can deposit with a debit card?
- Do I need to use the bonus on certain bingo games or rooms?
How to win Money on a Bingo Bonus
So now that you know how bingo bonus promotions actually work, you need to start thinking about strategy. This is especially the case if you are given the freedom to use your bonus funds at any bingo room of your choosing.
So, the first thing that you need to consider is whether you want to go for a low-risk, low reward strategy, or high-risk, high reward.
Low-Risk, Low Reward Strategy
In order to set the scene, let’s say that you claim a £30 matched deposit bonus. As such, your starting balance is £60, even though you only deposited £30. The wagering requirement on the bingo bonus is 1x. This means that once you play through the entire £60, you can withdraw your entire bonus balance.
If you want to give yourself the best chance possible of walking away in profit, then a low-risk strategy would suffice. To achieve this, your best bet is to target bingo rooms that have very few players. Why? Well, on the one hand, this will result in smaller prize pots. However, you will give you a significantly greater chance of winning by limiting the number of players you are required to beat.
If you can’t find a quiet bingo room during the busy periods, it might be worth waiting. For example, evenings and weekends are usually the busiest at bing sites, so many times outside of the core hours would be fine.
High-Risk, High Reward Strategy
If you're looking to walk away with a much bigger bankroll, then you will need to take a higher risk strategy. As such, instead of targeting quiet bingo rooms, you need to chase games with the highest jackpots.
This often goes hand in hand with more players, meaning your chances of winning and much lower. However, you do have a balance that is 100% higher than what you'd deposited, so the odds are in your favour.
By landing just one decent win, you would likely find yourself in profit. If this is the case - and the bonus comes with a wagering requirement of just 1x, you can withdraw your winnings straight away!
Bingo Bonus Offers for Existing Players
Although the most generous bonus offers are typically reserved for those without an account, the best bingo sign up bonus sites of 2020 will ensure that existing players are looked after, too. This makes perfect sense, as long-term players are what online bingo sites craved.
This might include:
- Reload Bonus: This works like a traditional matched deposit bonus, insofar that the bingo site will match your deposit by a certain percentage. This averages 50% in the case of reload bonuses, which is typically offered once per week for existing players.
- Jackpot Games: Although not technically a bonus per-say, bingo sites will often run to jackpot games to keep exiting players active. This can come with a guaranteed jackpot amount that will often run into the thousands of pounds.
- Free Spins: A number of bingo sites will give exiting players a weekly offering of free spins. You normally need to meet a minimum deposit amount to qualify.
- Free Play Bingo: As the name suggests, bingo sites will often run free play bingo games. This is where existing players stand the chance of winning a real world prize without needing to buy a ticket.
In summary, we at BingoSites.Net hope that we have now cleared the mist on how bingo offers online work. By reading our guide in full, you should now know the ins and outs of how each bonus type works, and what you need to look out for prior to depositing any funds.
After all - as great as bingo bonus promotions are, you still need to know what you are doing. If you don’t, it’s unlikely that you will be able to turn your bonus funds into real cash.