What is a sign up bonus?

What you need to know about online bingo sign up bonuses and how you can sometimes get a taster for free when you sign up to a new site.

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The majority of online bingo sites offer sign up bonuses as an incentive to register with them. Most of these bonuses are in the form of a pound for pound match on the amount of your initial deposit and will be advertised as a ‘1st deposit match bonus’ or something similar. Many sites offer a 100% sign up bonus although some do offer more than this. In addition, some sites will credit your newly registered account with several pounds to enable you to have a taster of what it is like to play bingo with them.

However, depositing with an online bingo site is not a simple way of making money as these bonuses are designed to be beneficial to those who intend to use their deposit to play bingo on the site, rather than those who believe that they can simply make a deposit, double their money, then withdraw the whole amount; bingo sign up bonuses do not work this way.

Most sign up bonuses are subject to a minimum (often £20) and maximum amount that can be deposited to qualify for the match bonus. Additionally, bonuses are often placed in a separate section of your bingo account, often in the form of points which must be redeemed for use by the purchase of bingo cards on the site. As a result of this, bonus money cannot be withdrawn directly, only winnings from cards purchased using bonus credit can be withdrawn.

The terms and conditions relating to the sign up bonus offered by each online bingo site are likely to differ, so before depositing with a site it is important that you are aware of how any bingo bonuses work. By ensuring you are comfortable with the way in which a site operates you will be able to confidently take advantage of any sign-up bonus in the way it way intended – to help you play more bingo!