As you browse the many promotions and bonuses in Paddy Power Bingo, you are bound to come across wagering requirements specified for each of these. These wagering requirements are necessary to the bonus functions, and if you are a new player to online bingo, it is important to have a clear understanding of how these work for a seamless, enjoyable and informed bingo experience.
We have come up with a full breakdown of everything you need to know about online bingo wagering and online bingo tickets, and how you can use these to your advantage when playing online bingo at Paddy Power.
THE BASICS: PURCHASING A TICKET IN ONLINE BINGO
Purchasing a bingo ticket is the simplest form of wagering in online bingo. A ticket is your primary entry into a game of online bingo, and each ticket your purchase corresponds to a bingo card with a grid of random numbers. The wager here refers to the amount you have spent on bingo tickets, and the more tickets you have bought, the more bingo cards you have. This in turn means that you will have a higher chance of winning.
As we have already said, each ticket buys you a unique bingo card, and as the numbers are called during the game, these will be automatically marked off on the card. The objective is to complete a winning pattern, and the first player to do so wins the respective prize.
WHAT WAGERING REQUIREMENTS ARE FOR BINGO BONUSES
When you receive a bonus from an online bingo platform such as Paddy Power, there are always conditions attached to these, and these are called wagering requirements. They indicate or specify the number of times you must play (and therefore wager) the bonus amount before you can claim any winnings from that particular bonus.
To give an example, if you are offered a £10 bonus that comes with a 4x wagering requirement, you would have to purchase £40 on online bingo tickets in order to qualify for any winnings you land from that bonus.
HOW WAGERING REQUIREMENTS WORK ON ONLINE BINGO PLATFORMS
It is always exciting for players to receive free bingo tickets or bonus credit, and many jump at the chance to make use of these rewards. However, players will have to meet the wagering requirements before being able to claim any potential winnings. This is how it works for players of online bingo who have been awarded a bonus:
- Play with your bonus funds – Your bonus funds will be credited to your account, and these can be redeemed as online bingo tickets.
- Meet the wagering requirement – You will have to meet the bonus’ wagering requirement in order to have access to any winnings. If the requirement is 4x, players must purchase four times the bonus amount before they can request a withdrawal.
- Claim your winnings – Once players have met the wagering requirement, any accumulated winnings can be withdrawn.
THE DIFFERENT TYPES OF ONLINE BINGO BONUSES WITH WAGERING REQUIREMENTS
As you play online bingo and explore the Paddy Power bingo platform, you are going to come across a variety of bonuses which you can enjoy. Here are the most common ones found pertaining to online bingo:
- Deposit Bonuses – Players find that this is the most frequent kind of bonus received. When players make a deposit, the platform will align it with bonus funds. For example, having a 100% match on a £10 deposit means the platform will award you an extra £10 to use towards bingo tickets, but this will have a wagering requirement attached to it, as explained above.
- Free Bingo Tickets – Oftentimes, bingo platforms will reward free bingo tickets, as opposed to bonus funds. However, any winnings from these free tickets will be subject to wagering requirements before they can be claimed.
- No Deposit Bonuses – Some bingo platforms will offer no deposit bonuses, giving players a bonus without them having to deposit any money. However, these tend to have higher wagering requirements.
- Loyalty and Reward Bonuses – Online bingo platforms like to reward their players for their loyalty with loyalty points or bonuses; some of these do not have any wagering requirements!
GET TO KNOW THE TERMINOLOGY
It is handy to be au fait with the language used around wagering requirements in online bingo. Keep an eye out for the following:
Bonus expiry – Most bonuses on online bingo platforms come with an expiry date. This means you will have to meet the wagering requirements within a set period before the bonus or the winnings expire.
Contribution Rates – Not all bingo games equally contribute towards the wagering requirement. For instance, 90-ball bingo tends to contribute fully towards the wagering requirements, while other bingo games may contribute less.
Maximum Win Limits – Some online bingo bonuses may cap the amount you can win from them, despite meeting the wagering requirements.
EFFICIENTLY MEETING THE WAGERING REQUIREMENTS IN ONLINE BINGO
Here is what we advise players when it comes to meeting the wagering requirements effectively and efficiently for the best bingo strategy. We firstly suggest that you choose low requirement bonuses, as these are easier and more economical to clear. Secondly, we advise sticking to games with higher contribution rates, or games which contribute 100% towards the wagering requirement, thus helping you clear these quicker.
WAGERING REQUIREMENTS IN ONLINE BINGO VS OTHER CASINO GAMES
Players who are familiar with both online bingo and other casino games will notice that bingo wagering tends to be lower than those in online slots or table games. This is due to online bingo being a community-based game, and the house edge is usually smaller. However, online slots have higher requirements, since each spin holds higher potential payouts.
THE PADDY POWER GUIDE TO SAFER GAMBLING – EVERYTHING YOU NEED TO KNOW
