One of the best promotions you can get as a bingo player is a low wagering bonus. They give you a better chance of winning real money because they are less restrictive than other bonuses.
However, they’re not that common as many sites consider them to be a bigger risk. Here, we’ll take a look at what low wagering bingo bonuses are, how they are beneficial, and where you can get some.
Low Wagering Requirements in Bingo
Most sites give new players a bingo bonus when they sign up. This is often in the form of bonus money. You cannot withdraw this straight away. Instead, you must use the bonus money to place bets until it is turned into real money. How much you need to bet before it’s turned into real money is called the wagering requirements, also known as playthrough requirements.
For example, you might get a £10 bonus to use on bingo games. This may have a wagering requirement of x5. In this case, you would need to use that £10 to bet until a total of £50 (£10 x 5 = £50) had been placed overall. If you manage to do this then the bonus money will turn into real money that you can withdraw. But the problem is that you’ll probably lose the bonus money entirely before reaching the £50 target.
One way to improve your chances is to lower the requirement. So instead of x5, it may be set at x1 or x2. In the above example, this would mean you only had to bet a total of £10 or £20 before the bonus money is turned into real money. So you would have a better chance of winning overall.
Differences Compared with Low Wager Casino Bonuses
Many sites offer both a bingo bonus and a casino bonus to new players who sign up. It’s very important to understand that the wagering requirements for bingo and casino can be different. Sometimes considerably different.
For example, low wagering for casino is generally considered to be anything less than x25. That is a lot higher than low wagering for bingo which is considered to be around x1 or x2.
So if you want to have a realistic chance of winning with a casino bonus then we think it’s better to get one with none of these requirements at all – where wins are paid in real money straight away. This might sound too good to be true, but in reality, there are quite a few no wagering casinos to choose from as they’ve become very popular in recent years.
Best Bingo Sites With Low Wagering
All sites are required to tell players what the playthrough requirements are within the terms and conditions. So you could manually check the terms and conditions of all our Bingo sites to try and find one with x1 or x2.
But this isn’t all you should consider. You should also want the site to be of high quality, with a proper license, range of games, good payment methods, etc.
So to save you a bit of time, we picked out our current best bingo sites with low wagering that are of the highest quality:
Are There Any New Bingo Sites With Lower Requirements?
It’s certainly possible to find new Bingo sites with low playthrough requirements. That’s because the demand from players has increased a lot in recent years so many sites have started to react accordingly.
Most of the time, a brand new Bingo site may launch with these promotions ready to go. They see them as a great way to attract new players, so they decide to give them out as soon as they go live.
Alternatively, an existing site may decide to change its opening promotion to have lower wagering requirements. Again, this may be done to attract new players to join. In the best cases, the requirements will be reduced on all bonuses – so existing players can benefit too. It’s a great way to keep players interested after all.