Bingo promotions are a great way to attract new players. These bingo promotions are of various types including bingo bonuses, free bingo cards, festive offers and so on. In this article we will talk about bingo bonuses and five facts you must know about it.

1. No matter how much deposit money is awarded to a player, bingo sites pay out the same amount to everyone.

Most sites pay out about 70 percent on the real money. Hence, going card by card, the more the bonus money involved in the game, the lower the average effective payout for each card.

But this doesn’t hurt much as players can purchase more cards and they know they will receive the same bonus amount that everybody else does. This is true and false at the same time. More details on this later.

2. You cannot redeem your bonus money against cash: Winnings, deposits and bonuses are three different things, which have no connection to each other whatsoever. A player first exhausts his winnings, then his deposits and lastly his bonuses.

Some bingo sites allow players to redeem their deposits, but most sites often don’t allow this.

3. Players may lose a part of, or, whole of their bonuses while redeeming: A lot of bingo sites confiscate your bonus money or reset it to 0, whenever you redeem it. Although a notorious way to discourage cash outs, it also lowers down the average bingo bonus money in the game, which in turn improves the payout per card.

4. Bonuses have a shelf life: Some bonuses expire if not used within a particular period of time. Usually bonuses expire within 30 days or so. Some bingo bonuses are a part of special bingo promotions and must be exhausted before that promotion expires.

5. Bingo bonus is hogwash, however with plus point: Bingo bonuses are deceptive. For first, you can’t redeem them, and secondly you will receive the same percentage of payout, despite of the bonuses. Believe it or not, most of the added value of the huge deposit bonus is a delusion. What’s more, bonuses are designed in a way to discourage you from cashing out your winnings, and to exhaust your deposit and winnings before your bonus become invalid. At times, these bonuses even arm-twist you into making huge deposits. Furthermore, winnings usually don’t arise out of your bonus money, making it more expensive to play with winnings instead of deposits.

Despite of these negative points, bingo bonus has a plus point too, that is, whenever you don’t make cash out, when they get their bonuses penalized on redeeming, or let is expire, they inadvertently reduce the bonus money in the game, thus making other money in involved more valuable.

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