If you’ve ever come across an ad that says online bingo bonus, “no deposit required” and it seems too good to be true, there’s some good news and bad news.
The good news? That bingo bonus being offered is very real.
The bad news? Well, it’s not technically bad news so much as it is news you need to be aware of when accepting an online bingo bonus. But the money the bingo site hands you can’t be converted into real cash right off the bat.
You can play it. You can win with it. And you get to keep your winnings. But whatever you won might not be immediately convertible into money that can be withdrawn.
Again, the way the bonus works depends on the site you’re playing at, but most online bingo bonuses come with some sort of rollover requirement. It varies depending on the site, but it basically means that you need to play a certain number of online bingo games in order to convert your bonus cash into real money.
What does that mean for people taking advantage of online bingo bonuses? Basically, if an online bingo site gives you $50 to play with, you can’t immediately withdraw it and go buy yourself something nice.
In fact, depending on the site, you might not even be able to withdraw your winnings right away.
Let’s say you turned your $50 online bingo bonus into $750 in a matter of 24 hours. You’d still need to play a specified number of games in order to turn your $750 into real cash that can be withdrawn.
By declining an online bingo bonus and making a real deposit instead, you’ll know that every penny wagered, every cent won belongs to you. Everything in your account can be turned into real cash—no questions asked and no hoops to jump through.
But seriously, even with online bingo bonus rollover requirements, free cash is free cash. And if you love to play online bingo, your bonus will be converted to real cash in no time at all.