Wagering Requirements Are Designed to Stop You Cashing Out, But There is a Way Round It â Find Out Here!
From online bingo bonuses to live casino bonuses, almost all of these bonuses carry whatâs known as wagering requirements (or turn over terms), but what do they mean? Wagering, turn over or cash out clauses are attached to any bonus you receive; starting with that too good to be true welcome offer. âHereâs ÂŁ100 for joiningâ or âClaim 100 bonus spins on your first depositâ should be treated as wolves in sheepâs clothing, until you read the terms and conditions because that lavish offer jumping out and grabbing you by the scruff of the neck could end up hitting you in the pocket â HARD!
What is she going on about? In simple terms, bonuses always have some sort of stipulation which prevent you from cashing out and the worst Iâve seen is a clause of 80x on bonus spins! Basically, this meant anyone signing up would see their winnings be tied into an 80x turn over. Bonus spins are tremendous inventions and could land substantial wins, so imaging just a ÂŁ10 win at 80x, this would result in you having to spend ÂŁ800 before cashing out!
Big wins from bonuses will result in having to spend huge sums just to meet the wagering requirements; imagine that 80x turn over on a ÂŁ100 win; thatâs ÂŁ8000 before being able to withdraw a single penny!
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What Can YOU Do?
Thankfully, there is a way around the spending requirements of these confusing offers, and the first is not accepting them! You may think this is a bit stupid but believe me, playing with your own funds and nothing else will guarantee that youâll be able to keep 100% of your winnings but, there is a downside. Youâll be playing with your cash and nothing else which means youâll have no bonus funds to keep you playing.
Paying no attention to terms and conditions will cost you in the long run; I found this out not too long ago. Signing up to an online casino I failed to read the small print. My welcome bonus boost allowed me to win more than ÂŁ1200, although when I went to withdraw my winnings, a big red message appeared and as clear as day stated that I had to meet wagering before I could do this. Off I went to the games lobby and chose a few slots; the mining masterpiece from Big Time Gaming (BTG) was the most entertaining and after spending ÂŁ100 of my winnings, I tried to cash out again.
Error after the error appeared until I had nothing but ÂŁ50 left of my ÂŁ1200 win â but it can get worse; the more you accept, the more youâll need to spend! To eliminate this, you could also choose to play where there are no wagering requirements guaranteed and in the world of online bingo, more and more of these types of websites are popping up all the time!
Keep All Your Winnings Guaranteed
Tau Marketing Services Limited is renowned for their no-wager bingo creations and the latest masterpiece to hop onto the bingo scene is Bounce Bingo. New customers are greeted with a lavish welcome offer; deposit £10 and receive £100 of free bingo tickets and 10 bonus spins! No terms and conditions to catch you out, just real cash winnings.
So, what can you expect from Bounce Bingo? Being a sister site to Bingo Idol, Bingo Besties and many others mean networked bingo rooms with big prize pools. A wide choice of bingo games sees you daubing more than just a traditional 90-ball bingo ticket â how does bingo roulette sound? Or for the more adventurous; card-based bingo!
Reach for the biggest magnifying glass you can find and scour those terms and youâll see just how generous the offers are. Whether you win ÂŁ100 or ÂŁ1,000,000 with the free bingo tickets, the winnings are yours to keep and nobody will say otherwise. Whereâs the catch?
Bonus spins â the most desirable bonus feature of many a slot, carry a little term and when I say little, I mean minuscule. Wins derived from bonus spins have a win-cap; aka you canât win more than the maximum amount stated, but the winnings are real cash. Not so bad is it?
Itâs Simple
Bonuses are fun-filled and create additional chances to win, but theyâre not so cool when you want to keep your winnings. As long as the wagering terms are low, you stand a chance of being able to withdraw. Low wagering requirements are anything from 2x to 4x. Anything higher than this and youâll either need to be a magician or a high roller with cash to splash.
Jumpman Gaming bingo are notorious for their hefty wagering requirements. The welcome offer and any bonus spins received will be subjected to a 65x turn over term; you win £10 and that will mean having to spend £650 before winnings above that will be awarded as cash. There are many ways to trigger bonus spins with the likes of Viking Bingo and Charming Bingo (on the Jumpman software), actually, the bonus spins flow as freely as your deposits come and this means more wagering to meet.
Donât be fooled by the grandest of rewards because these could see you spending an obscene amount of money. The best places to play, accept as many bonuses as you can possibly handle are Bingo Idol, Cracker Bingo, Yay Bingo, Bounce Bingo (weâve already covered), Bingo Besties, Sundae Bingo and Dabber Bingo. But, donât they all have huge welcome offers? Very observant of you! Yes, they do, but unlike other iGaming establishments, youâll find nothing to stop you from cashing out.