As the bingo industry matures, wagering requirements are becoming a hot topic when it comes to playing bingo, slots or casino sites. Here at MadAboutBingo we’re passionate about bringing you the latest news and updates on bingo sites with no wagering requirements.
If you’re not sure what no wagering means, in a nutshell it’s the terms a bingo site will make on players who usually accept a welcome bonus or sign-up offer. So if you sign up to a bingo site that offers you bonus money, wagering is usually the amount of times you’ll have to play through that bonus money before you can withdraw any winnings.
In recent years, there have been a number of new bingo sites and software networks offering no wagering requirements to new players, and we’ve researched the market for to find the best bingo sites with no wagering requirements.
MrQ Bingo is an all new brand spanking bingo software like you've never used before. Get your 10 Free Spins on your first £10 deposit.
Join Dabber Bingo and deposit £10 you will receive a 700% Welcome Bonus made up of £40 bingo bonus, a £10 games bonus, and bingo cards valued at £20.
Sign up with Buzz Bingo today and deposit £10 and get £30 in bonuses. Anything you win is yours to keep!
Costa Bingo is where the sun is always shining. All new players will receive £5 FREE and 120 Bingo Tickets on their first deposit of £10.
Wagering Requirements Explained
Since bingo launched online, there’s always been a bonus offer to encourage new players to sign up. Everything from no deposit required offers to free spins promotions and large welcome bonuses, most online bingo brands will try to get you to sign up to their site. Most experienced players understand these offers appear too good to be true and that’s because the sign up offer will usually have wagering requirements or a restrictive withdrawal policy on winnings.
Let’s explain wagering requirements in simple terms. Typical sign up bonuses are usually 4x wagering requirements. Let’s say you deposit £10 and receive a 200% bingo bonus of £20. The wagering requirement then becomes 4x (£10 deposit + £20 bonus) which equals £120. This means you then have to spend at least £120 on bingo tickets before you can withdraw any winnings. The £120 will be made up of from money already won or deposited, which means you don’t need to deposit £120! Once you’ve cleared the wagering amount you can then withdraw any winnings.
From around 2017, a range of different software operators have since launched various offers with no wagering required, but this typically means the deals are less rewarding, and you’ll usually be rewarded with either a combination of free spins or a number of free bingo tickets. However, you can cash out your balance at any time once you have reached the minimum withdrawal limit.
One of the best things about no wagering bingo sites is you get to keep what you win, without having to go through the hoops of wagering numerous times. The great news if, if you’re lucky enough win a large cash jackpot you’ll be able to keep your winnings without meeting further wagering requirements.