There are many types of bingo bonus sign up offers that online bingo sites will offer you to tempt you to sign up to their sites. Many of these offers though are not what they may seem. In this article I will detail the different type of bingo bonus sign up offers together with what you should lookout for before you physically sign up.
The first type of bingo bonus sign up offer and perhaps the most popular is the no deposit bonus. This is usually one to twenty pounds which is available to you, without you needing to deposit any of your own money. You will find though (if you read the terms and conditions) that these types of bonuses are not available to citizens of all countries. Please note that some sites will request that you supply your credit or debit card details as a form of age verification although no charge is made to your card. Also in most cases this type of bonus is only available to one member only of the household and if you are lucky enough to win then you will be required to make a deposit before you can withdraw your winnings.
The second type of bonus is a deposit bonus. These type of bonuses require you to deposit a small amount, (which is usually around 5 pounds) and once you do so the bingo site adds up to fifteen pounds to your account. Again these type of bonuses are not available to all countries and some, although not all, are restricted to one member per household. These bonuses may also require you to make a further deposit before you can withdraw any winnings.
The third type of bonus is a match bonus. Sites usually state that they will offer you a 100% match bonus up to a certain amount. Lets say you are offered a £125 100% match bonus. This means that for any amount up to £125 the bingo site will add the same amount to your balance. Deposit £100 and your balance will be £200. Again bingo sites will not accept players from all countries and there are strict terms and conditions regarding withdrawing your cash. You will not be able to withdraw your initial stake until you have wagered a set amount specified in the terms and conditions.
Other bonus types include reload bonuses which become available to you after your first deposit but in most cases are not as attractive as the initial bonus. Some sites will even offer you cash back bonuses which in effect are refunds on your loses of around 10% but in some cases up to 20%.