Just lately we have seen some of the biggest names in bingo withdraw their no deposit bonuses. Sky Bingo removed their £5 free bingo without deposit last month, while Cheeky Bingo have also recently removed theirs. These two bingo rooms are merely the tip of the iceberg, as many operators have begun to come to the realization that more players doesn’t necessarily mean more money. So, what does this mean for us as players?
Well, obviously there won’t be many no deposit bonuses worth picking up, as the smaller bingo rooms tend to attach ridiculous terms and conditions to their promotions to ensure that they don’t put themselves out of business. Those terms and conditions generally include wagering requirements, which mean you have to buy X times the value of the bonus before you can cash it out. Sometimes this is 3 times the bonus, other times it’s 20. It all depends on what you’re doing with that bonus as different games will often have different requirements, for example slots will normally have double the wagering requirement of bingo — this is due to the higher payout rate.
It’s not all bad news though. With these bonuses slowly disappearing, such as the Sky bingo offer we loved so much we can get back to the deposit bonuses and genuine promotions where we actually stand a chance at winning some real cash! If companies aren’t throwing money at players by way of no deposit bonuses then they will be more likely to bump up their deposit bonuses — so we’re all winners at the end of the day.
This has been a long time coming. While no deposit bonuses will almost certainly never die out completely, we think they will be almost extinct by 2014 and those that are still around won’t be worth playing for due to the aforementioned reasons. Whatever happens though, we hope you stick with us and take advantage of some of the great offers we’re lucky enough to bring to you!