More online bingo sites have been opening recently to accommodate the increasing number of online players. These online bingo sites offer almost similar games and features that leave players confused where to sign up. This is the most common dilemma that new players always encounter: choosing the best online bingo sites to play with. Because most of these online sites offer the same features, the only thing that gives an edge over the other is the bonus and prizes they offer. If you were to choose between two sites offering the same set of games with different bonuses, what do you think would you choose? Most likely, you will choose the site that gives you a higher return.
Bonuses and prizes are integral parts of online bingo sites. Without these two, players will not stay too long on the site because they have nothing to look forward to. Because of the need to gather more players so as to increase their player base, most online bingo sites lure new players by giving welcome bonuses and other tempting offers.
There are basically two kinds of welcome bonus offers that are very popular today and what most bingo sites are offering. These are the NO DEPOSIT BONUS offers, which gives new players free money after signing up, without the need to invest their own money. And the other one is the WELCOME BONUS based on a certain percentage of your first deposit. The second type of bonus requires you to make a minimum deposit in order to register to the site. The amount of your deposit will then be multiplied to their current offer.
Most no deposit bonuses are quite small, ranging from $5 to $10, while the percentage promotions range from 100% to 300% of your first deposit. However, there are some sites that are very generous, they give $25-$30 no deposit bonus plus 400% -1150% bonus on your first deposit. That basically sums up to a huge amount.
You may wonder how these sites can afford these huge bonuses. One reason might be because they already have a large player base from which they derived their revenues. It is given that if you have a large player base, especially sites that require deposits, you also have a huge bankroll. More players automatically imply more deposits and more deposits mean more income. Another reason why some sites are very generous with their bonuses is because their bonus offers are non-cashable.
Other big bonuses have accompanying terms and conditions that restrict the amount of cash out winnings, meaning that you can only use that bonus to play the games until you reach the maximum amount of winnings. And if you happen to win, the only amount you can withdraw is the winnings less the bonus.
For whatever reason it may be, online bingo sites still continue to use this marketing scheme to promote the site and gain new players. Just take advantage of the offers given by these generous sites, but don’t forget to read the applicable terms and conditions.