Understand Wagering Requirements

Bingo bonuses like the popular deposit £10 get £60 are very attractive to new players and since these bonuses are so common, it is important for players to know everything about the bonus before they redeem the offer. Unfortunately, new players may think the site or casino is just offering free cash. In a way that is true, but the bonus money cannot just be withdrawn from the account once it is there. There are strict wagering requirements that must be met and it is essential for players to understand how these requirements work. At http://deposit10get60.co.uk, players can learn of sites that are offering the 500% deposit bonus offers and will be able to select from a list of trusted bingo sites that provide player protection and great incentives.
How Wagering Requirements Work
Wagering requirements are not difficult to understand. They state the amount that a player must wager in real money before they can withdraw winnings that have been generated from a certain bonus offer. The stated wagering requirements will let players know how much they have to spend at the site in order to benefit from the initial bonus. In some cases, the wagering requirements are very low, some as low as 3 or 5 times the bonus amount. Other sites will have high wagering requirements and in many cases, they are too high to even make the bonus worth anything. The key to finding the best 500% bonus to get £60 from a £10 deposit is to find the sites that have the lowest wagering requirements in place. This will allow players to clear the bonus requirements with no problem so they can benefit from the money that has been won from the welcome bonus.
Methods of Wagering Requirements
Since every bingo site will be different, players need to understand the various methods of wagering requirements they may come across. Some sites will divide the bonus and deposit money into two separate funds or accounts. These amounts will be completely separate so players know what the bonus amount is as well as what money can actually be withdrawn from the account. With these methods, players can only use the bonus money to play games, but that can generate real money wins. However, the wins will be added to the bonus account until wagering requirements are met. Once this is done, the bonus balance will then be added to the deposited balance, providing players with a total of funds that can be withdrawn from the account.
Common Wagering Requirements
Players will find that the wagering requirements at bingo sites are far less than at online casinos, which is why bingo players will usually opt for a bingo specific site over an online casino. wagering requirements for bonusesAt bingo sites, it is common for the wagering requirement to be 2 or 3 times the amount of the bonus. With the deposit 10 get 60 free offer, the bonus amount is actually 50, so with a 2x wagering requirements, players will have to spend 100 to clear the bonus and be able to withdraw their winnings.
More on the specifics of wagering requirements can be seen at Best Offers Bingo and the information here will provide players with a complete understanding of how wagering requirements with bingo bonuses really work.