Before you begin to play your favourite games on online bingo websites, you will be aware of the wagering requirements which must be adhered to, in order to win cash amounts. If you are just starting in the online bingo world, or you are a seasoned gamer, it is important to understand fully what a wagering requirement is, why they are in place and why you should consider which bingo site to commit to before placing a wager.
What are wagering requirements?
In simple terms, a wagering requirement is the amount of times you have to play through the bonus in order to withdraw money. Wagering requirements can come in many different amounts, depending on the website’s conditions and the sum of money which is at stake. Wagering requirements are usually visible when playing promotional games which involve bonuses, however, they can sometimes not be within the player’s best interests.
The main aim of online bingo sites having wagering requirements is to essentially stop players taking advantage of the welcome bonuses and promotions, which will then result in them preventing spending a large amount of their own money at first.
Also, if a player makes a significant amount of money through bonuses, casino websites can put a wagering requirement on their winnings before they are able to withdraw the cash, which are usually quite high.
It is necessary to state that whilst the most favoured bingo sites have high wagering requirements, however there are many bingo sites with low wagering requirements which will be discussed further in this article.
Are there typical terms and conditions to be aware of?
When you are playing bingo games, there are typical terms and conditions to be aware of prior to placing a wager amount. First of all, these will be clearly stated at the bottom of the chosen promotion. These terms and conditions usually present a detailed run down of what players need to look out for, in terms of withdrawing cash winnings, and they more or less depend on the game itself. Also, if you have the chance to shop around on the various bingo sites, keep an eye out for low wager bingo sites which will prove to be less of a risk if a player wishes to bet on a large amount of money.
What sites have the lowest wagering requirements?
As mentioned before, it’s important to keep in mind that not all online bingo sites have high wagering requirements for their players to meet. If you are boggled by the amount of bingo sites that are out there, here is a list of sites which aim to meet their players needs in terms of making he most of their cash bonuses:
Hollywood Bingo: Similar to most bingo sites, wagering requirements are not the same for each promotion and tend to vary significantly. However, players are required to wager 4x the amount of bonus funds when they play bingo before they are permitted to withdraw cash winnings. The welcome bonus has a low wagering requirement too, as it allows new players to wager 4x the bonus cash amount as well as the deposit amount prior to cashing out.
Lucky Touch Bingo: Low wagering at Lucky Touch Bingo is a common theme throughout this online bingo site, with players only required to wager 4x the bonus cash amount as well as the deposit before receiving their cash prize.
Glossy Bingo: Another online bingo site which follows suit with the rest of the aforementioned online casino sites is Glossy Bingo. Players are only permitted to wager 5x the amount of the bonus cash amount when playing bingo games.