Who doesn’t enjoy a good game of Bingo? It’s a stimulating game that anyone can enjoy, and normally there is a fun prize at the end. Plus, you get to yell ‘Bingo!’ at the top of your lungs, and startle the dog. Only if you win, of course, but you can yell Bingo as many times as you like in your free time, just for the heck of it.
But wait a second, can you also earn real money playing Bingo? It turns out that, yes, you certainly can. If you know how to go about doing it. Join us now and we’ll explain exactly how it’s done, and how you can turn a favourite game into a money making hobby.
It’s A Luck Game
Before we get to the money making part of the game, let’s first talk a bit about the game itself. Bingo is, as everyone who has played it understands, a luck based experience. You get a randomly generated card, and have no say as to which numbers appear. That doesn’t sound like a very sure fire way to make cash, right?
Well, if you take the right approach, know what you’re doing, and go about things smartly, there is still money to be made. You just have to know what sign up bonuses are, and how they are a pretty big advantage.
Taking The Smart Approach
As you may or may not know, the iGaming industry is a competitive one. This means that there are dozens of sites out there offering Bingo. What is important to understand is that different sites are run and owned by different operators. Why is this important? Because these operators need to compete for business, which is good news for you, the consumer.
Since operators compete for business, they must make extremely generous offers to their players. Things such as sign up bonuses and loyalty bonuses mean that a good deal of cash is handed out, just as a way to stay ahead. Signing up at a site for the first time, for example, may have you granted a 300% bonus. This means that if you deposit $10 at the site you are given $30 extra. Are you starting to get the picture? You can play Bingo for $30 at no extra cost, and probably walk away with a win or two for the trouble.
What Is A Sign Up Bonus?
As already said, a sign up bonus is a once off offer given as a reward for joining a site. The bonuses can vary drastically depending on the site, with some operators being significantly more generous than others. But importantly; the bonus will be paid immediately, and appear in an account the moment a first deposit is made. Or, in some cases a deposit isn’t even necessary to receive the bonus if you’re playing at an online bingo Canada site.
But there are a few things to take into account. The first is that the bonus cash, of course, cannot be withdrawn from the site. That would be silly. The second is that you should be sure to keep in mind that there is no guarantee of winning. As we said right at the start, Bingo is a game based entirely on luck. So you may win sometimes, and you may not win other times. The trick is that if you keep taking advantage of bonuses, you’ll have plenty of chances.
So what is the strategy here? You know basically how it works, but you might not fully understand how to go about things just yet.
First and foremost; things can get a little complicated when it comes to bonuses and ‘free money.’ As we all know, assuming that free money really is free is the road to disaster. Well, casino bonuses are free, technically speaking, but some come with a little something known as a wagering requirement. Ah ha! You knew there would be a catch, right? We said some, not all. Pay attention and read if a bonus has any wagering- or playthrough- requirement attached before accepting it.
Even still, a wagering requirement isn’t necessary a catch, per se. A wagering requirement is put into place at casinos to avoid players simply signing up, getting a bonus, making a few bets, and leaving with a handful of winnings. That would obviously bankrupt the operator in no time. So, a wagering requirement ensures that bonus money is used by the player in a reasonable way, and with minimal risk to the site’s bottom line.
Wagering requirements will also vary from site to site, but there will normally be a clear and concise explanation as to what the requirements are. Once they are met, bonus money will transfer and become real money, after which it can be withdrawn.
As a quick guide, a wagering requirement will appear as something like this; x10. This means that if the bonus cash was $10, 10 bets of that amount will have to made before any winnings with the bonus money may be withdrawn.
A Few Tips
Now that you have a general idea of how it all works, let’s go through a few simple tips that can help you make the most of the situation. Yes, it’s time to get a little sneaky!
Once you have your bonus cash, you can head over to a site’s Bingo lobby. Here you will be presented with a list that informs as to which rooms are available, and what sort of Bingo games are offered. What we want is the maximum possible chance of winning, of course, so this means heading to the rooms with the least players.
But, the trick is that we don’t want too few players, or the prize money won’t be worth the time. So what we want is a room with a minimum of 20 players, but not more than 40 players. That is the key zone that will offer the best possible outcome.