We all see the various online bingo bonuses that are offered by the many operators out there but how much value is really there? What do all the different types of bonuses actually mean? Today we’re going to take an in-depth look at them and breakdown the key features of each type.
No Deposit Bonus
This type of bonus is quickly becoming extinct, the larger brands in particular are shedding these kinds of promotions in favour of first deposit bonuses and for good reason. No deposit bonuses are notoriously hard to extract because they are essentially free money, something no company will want to offer customers who haven’t made a deposit. They are usually offered to players as a way for them to “try before they buy”, but to make anything from them a deposit is almost always required and even then there is usually a wagering requirement which still makes it somewhat difficult to withdraw your winnings.
First Deposit Bonus
First Deposit Bonuses are pretty much the industry standard. They are usually advertised as a percentage, e.g 200%. This quite simply means that you will get 200% of your deposit added to your account in bonus bucks, which can be used for bingo or slots/side games. An example of this would be a £10 deposit with a 300% bonus, giving you £30 to play with, which is just what Foxy Bingo are doing. This kind of offer works out better for all involved. Players have a chance to actually win some money off their bonus, while operators see much better numbers in terms of depositing accounts — essentially dropping the players who are just looking for free bingo.
These bonuses are usually offered on exactly the same terms and conditions as the first deposit bonus, but they are usually offered on the 2nd, 3rd and sometimes 4th deposit. The bonus amount is usually substantially lower but because of their repetitive nature can often hold more value than the first deposit bonus, Sky Bingo often has some great promotional reload bonuses which crop up now and then and are among the best to be taken advantage of..