Best Bingo Sites Low Wagering
Some websites require larger wager amounts than others. This can make a promotion which seems like a great deal, less appealing. However there are a select few bingo sites with low wagering requirements and fantastic first deposit bonus offers available to choose from. Yours truly at JackpotJaneBingo.co.uk has created a selection of some of the best ones in our list below:
No wagering bingo is the best option, and with this, you can quickly remove any generated payouts. You do not have to meet specific wagering requirements when claiming the bonus offer. These deals are the best option when searching for any bingo bonus. We visited the best bingo sites, and then we tried to see which one of those actually offer playing bingo for free. What we ended up with is this quite exclusive list of no deposit bingo sites. 20+ No Deposit Bingo Sites – Get Your Free Bingo Bonus Today!
mFortune Bingo
mFortune has a ‘keep what you win’ policy in place on their up to £10 free no deposit bonus!
18+. New players only. 20x wagering requirement. Expires after 7 days. Max withdrawal from bonus winnings £50 T&Cs apply, BeGambleAware.org
PocketWin
PocketWin offers you up to £10 on the house!
18+. New players only. Up to £10 bonus credit and up to 200% first deposit match available via Feature Game. Deposit match available after first deposit. Max bonus £100. 40X wagering requirement. £10 bonus credit 7 days expiry. Deposit bonus 30 days expiry. Max withdrawal from up to £10 bonus winnings is £50. T&Cs apply, BeGambleAware.org
Wink Bingo
Wink offers great low wager bingo! Get our special offer: deposit £10 & play with £60!
T&C's apply.
Lucky Cow Bingo
Lucky Cow has low wagering requirements, and gives you a chance to win 500 free spins each and every time you make a deposit!
T&C's apply.
But What Are Wagering Requirements?
Wagering requirements are a strange concept to consider, because in order to claim money you won fair and square, you must first put even more cash in to get money out.
For example if a site gave you bonus cash that totalled up to £30 but they required a 30x wager, what would happen next is that to get your £30 in bonus money you would have to wager that bonus amount of £30 at least 30 times.
So that means your ‘bonus’ £30 would cost you £900 to get back.
Although 30x may seem like a lot it’s actually an average amount for bingo sites and the amount you’re required to put into a bingo website varies from site to site. There are also minimum withdrawal limits on bingo sites to be aware of too, as not only do you have to meet wagering requirements, you have to ensure you’ve won enough to actually withdraw.
Although the above is just a small selection of some the cheaper sites available, in the future before you sign up for a website you may want to take a glance at the wagering requirements to work out the minimum withdrawal limits on bingo sites first.
No Deposit Bonus
No deposit bonuses are subject to wagering requirements on most sites. This means that allow you’ll be given free funds, you’ll have to wager your own cash before you can get your hands on any winnings. Some sites impose huge wagering requirements, whilst impose a low level.
You’ll be able to find out the level of wagering requirements by checking the terms of the welcome promotion. Look for sites which offer less than x4 the bonus amount.
Free Spins
Even free spins can be subject to wagering requirements. Free spins wagering requirements will generally be different from those which apply to bingo games. In terms and conditions, these will be referred to as IG bonus funds. To save you time, check the free spins promo terms to find exact requirements. If you can’t find them here, then they will be included in the full site terms.
Welcome Bonus
A common pitfall of new players is to be reeled in by the promise of huge bonus funds, without checking wagering requirements. Bingo sites with no wagering requirements are extremely rare. mFortune is a notable exception to this. The site’s ‘keep what you win’ policy means that they have no wagering requirements at all.
Re-deposit Bonus
Regardless of where you hear about a re-deposit bonus, it is likely to carry requirements. Whether it is advertised on the bingo website, on social media or via email, it will carry terms. Very rarely will these terms fail to levy wagering requirements.
What Does Easy Withdrawal Mean?
Put simply, easy withdrawal is when withdrawing from a site follows a straight-forward process. Sites which are known as ‘easy withdrawal’ sites, tend to impose lower wagering requirements and take less time to process requests.
Every site should have dedicated banking terms. On easy withdrawal sites, these terms will break down exactly how you withdraw and how long this with take. Many also breakdown withdrawals by payment method used.
Different Kinds of Wagering Requirements
You probably won’t be surprised to learn that there are lots of different things that can impact the wagering requirements on a site. When it comes to withdrawals, wagering requirements can mean:
- That you cannot withdraw any of your balance (even real cash) until the requirements are fulfilled.
- That you can withdraw but any bonus funds will be forfeited as soon as you request it.
Top Tip – Some sites will impose higher wagering requirements for alternative payment methods, make sure you’re aware of this.
Are there Sites with No Wagering Requirements?
Some players just don’t want to get tangled up with wagering requirements and such, so they opt to play on sites without them. This is becoming more popular, as evidenced by the launch of the Dragonfish Real Money Network. Sites like PocketWin and mFortune have done this for years, but this is the first entire network of no wagering requirements bingo sites.
What to look out for in T’s and C’s?
As we’ve mentioned many times during this article, checking out terms and conditions is extremely important. When scanning the terms of any site or promotion, look for the following information:
- Bingo bonus wagering requirements
- IG bonus wagering requirements
- Games which do not contribute to wagering requirements
- Withdrawal limits
- Withdrawal process
- Withdrawal times
- Processing times per payment method
Other Factors that can Impact your Winnings
Take into account the following aspects, as these can affect your winnings just as much as wagering requirements:
- Welcome Package – Are you getting the most for your money? Think about the amount that you’re getting and the wagering requirements associated.
- Deposit Bonuses – Are you being rewarded in the long term or is there a lack of bonuses because of the lower requirements?
- Cash-back on Losses – If you’re getting cashback on your losses, then you’re not losing as much. Getting this percentage back means you can play more and win more.
- RTP – The return to player of a site or game is important, as this affects how much you could win back on average.
The Best way to Beat Wagering Requirements
There are many ways to get through those pesky wagering requirements, but the most important thing is to suit your play style and budget. Whether you choose to go big and spend £100 on a single spin, or section £1 for 100 spins – the outcome will be the same. Just focus on having fun and the rest will follow.
Now that you’re clued up on low wagering requirements, go forth and net those winnings!
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A lot of the time, when you play bingo online you don’t want to pay in a huge amount to your account. This may be because you are a new player or simply want to limit your overall bingo spend. If this applies to you then we have the perfect low deposit bingo sites for you.
Where to Play for the Lowest Minimum Deposits
The following sites are where you’ll find just about the lowest minimum deposits in bingo:
Tea Time BingoT&C's Apply.Holy Cow! Join Lucky Cow Bingo and get 20 free spins no deposit! Spin the wheel and win up to 500 free spins or free bingo tickets!
T&C's Apply.Online Horse Wagering Sites
Unlock 25 free spins, free bingo & up to £200 in bonus funds! We’re not teasing!
T&C's Apply.Of course, before you get claiming all of these offers have a read of the terms and conditions on the site.
What is a Minimum Deposit?
A minimum deposit is basically the minimum amount of cash that is permitted to be deposited in a single transaction on a bingo or slots site. Every site will have a minimum amount of cash that can be deposited and you will be required to meet this quota if you’re to continue playing. Different sites have different limits and we would argue that the lowest minim deposit limit that you will encounter is £5 deposit bingo.
This is common on a lot of sites as a £1 minimum deposit is extremely rare due to the fact that it costs too much for sites to implement this limit. Some sites may offer a £10 limit and this is offered across several networks so be sure to read carefully what the deposit limit is even before you create an account.
There are advantages and disadvantages to both and with a higher minimum deposit limit, you may be able to claim higher amounts of bonus cash (welcome offers). On the other hand, a low minimum deposit allows you to test out the games and features of a site with minimum risk so it really is a case of weighing up the pros and cons. Minimum deposit limits can be applied in several ways and we will go into this in more detail later on in our article.
Here are some of the offers you can get and what to expect with each:
- No Deposit – A small sum of money that you get without having to make a deposit. This allows you to play with some bonus funds but it’s generally a smaller and more restrictive offer than a deposit one.
- £5 Deposit – If you get a bonus when making a £5 deposit, you’re probably going to get a few times your deposit, though these can come with higher wagering requirements. You have to weigh this up when you compare it to a bigger deposit.
- £10 Deposit – You’re into the big leagues with a bigger deposit, which can end up affording you a higher bonus. The terms of these offers can also be reduced, as you don’t need to satisfy as many wagering requirements or different terms. You may also get a higher percentage bonus as you’re spending a big more.
With most sites, the more you spend the more you are rewarded. There are exceptions out there, but you have to thoroughly vet them to make sure there are no sneaky terms that will ruin your enjoyment of the site.
Welcome Offers
If you’re making a minimum deposit on a welcome offer, then you will probably be getting a percentage based bonus. This takes whatever you deposit and multiplies it by a set amount.
These are generally just for new players, so you can’t expect to claim it more than once. A minimum deposit can also be better for players, as you might reach an upper limit faster than you anticipate. For example, you could get a 500% bonus up to £200, this doesn’t mean you can expect to deposit £200 and get a 500% bonus – it means you can get a total of £200.
Welcome offers of all descriptions come with wagering requirements and terms. You might make a £5 deposit and win money, but that doesn’t mean you’ll be able to withdraw it right away. You might need to wager through the bonus more times, or make a deposit of £20 or more before you’re able to claim this money back.
Even for sites that have low wagering requirements or none at all, there are usually other terms to look into. For example, your bonus might expire or you may not be able to withdraw until you complete a certain action.
For sites that offer free spins or prize wheels, the minimum deposit tends to be £10. They’re not giving you a percentage of what you spend, but rather access to the same as all other players. Therefore, it’s not in their best interest to allow you to play with a smaller amount.
Special Promotions
Again, making just a £5 deposit might not entitle you to take part in a special promotion. Some seasonal offers require you to make a higher deposit to take part, or they may take into account all of the deposits you’ve made on the site. These offers can be “free” but you will actually have to pay money into an account to be able to take part.
It’s common to see free offers that require you to have made a deposit within the last week or month on a site. This can feel quite misleading, as it doesn’t really feel free if you have to deposit to get involved. Some of these can be really quite high too, so it would take you a long time to qualify using minimum deposits.
For example, some sites just want you to have made a deposit in the last week, but others are looking for you to have spend hundreds over the course of the promotion. This is where lower deposit players can start to feel like they’re not getting the best deal.
Redeposit Bonuses
So you’ve found a site that allows for a £5 initial deposit, but this might mean you don’t qualify for a redeposit bonus. This is important as you might miss out on funds or forfeit all bonuses if you request a withdrawal. These can be hidden terms that you’re not aware of before you get started with a site, so really root about in the promotions section to find this out.
These can also change, depending which offer they are a part of. For some offers, you can make a minimum deposit and qualify for your first three deposit offers. After that, you might just need to fork out some more cash if you want to be able to get those bonuses.
Again, these can also be tiered so that if you spend more you get more, perhaps you’ll get 100% on a £5 deposit but you’d get 200% if you splashed out with a tenner. It’s all about understanding when it makes sense to spend more money and when it doesn’t.
VIP/Loyalty
This can be a sticky wicket for players that want to play frugally, as you have to spend a certain amount to meet the loyalty level. For example, you might have to achieve a £500 spend in a month to qualify as being a high roller.
There are a couple of kinds of loyalty schemes out there. On some sites, they might take into account your total spend with them, but on others it might only matter what you have spent that month. If you don’t upkeep this level of service, then you’ll drop down to a lower level.
Lower on the ladder, you might find more incentives to deposit more, like a special deposit bonus. As you get higher on the ladder, you’ll tend to get more freebies, which you’ve already really paid in for.
Some of these tend to allow you to trade in points for prizes, rather than automatically credit you with a bonus.
The idea of these schemes is to credit those that play most often and with the most amount of money. If you’re trying to keep things frugal then you might not have a hope of getting the big rewards. It’s important to be measured in your approach and not just spend a lot more money in hopes of getting some free spins at the end of the month.
How are Minimum Deposits Applied?
Sports Wagering Sites
Every site has its own individual deposit limit but that does not mean that the deposits are applied in the same way on every site. Almost every low deposit bingo site will offer some sort of welcome bonus and this is arguably the most common way in which minimum deposits are applied.
That is because players will deposit the minimum amount required to claim the bonus and this can be a one-off offer of anything from 100-500% in matched funds. However, other deposits may be applied over time (2nd& 3rd matched deposits) or you can even be offered a percentage on all reloads provided you have met the minimum deposit criteria.
No Deposit Bonus Vs Low Deposit Requirements
No Deposit Bonuses | Low Deposit Bonuses | |
---|---|---|
Funded Player? | No | Yes |
Pros | No outlay required. Can play plenty of Games. Test out a site without overly committing | Access to special rooms and games as you are a funded player. Can still claim matched deposits and free spins. Wagering rules are often lower |
Cons | Wagering rules are higher in most cases. Winnings can be capped. Can generally only claim £5-10 in no deposits bonuses. Not as easy to find anymore. | An outlay is required immediately. You may not be able to play until you deposit. There will still be wagering rules that are strict on some sites. |
Good to Know
There are plenty of things to consider when you are looking to play on low deposit sites. These change from site to site and have the potential to impact your bingo experience, so make sure you’re taking them into account.
Ticket Prices
Some good things to think about would be the general price of cards on the site. If you only plan to deposit the minimum (£5, £10 etc) then you will want to select a site that offers plenty of cheap games so that you can get the most for your deposit.
If you wanted to spend pennies, then you might just get small bonus prize pools, rather than a cash win. This is important to understand when it comes to understanding what exactly your deposit will get you and just how far it can stretch.
The Lingo
Understanding the lingo is also important and this is particularly important when it comes to real cash and bonus cash. It is crucial that you understand the differences between these especially if you choose to play on low minimum deposit bingo sites as this can affect withdrawals.
Here are some common terms that you’ll want to understand:
Top Online Sports Wagering Sites
Term | Meaning |
---|---|
Bingo Bonus Cash | Bonuses that need to be wagered through before they can be withdrawn. |
Real Cash | Your balance that is made up of funds that can be withdrawn from the site. |
Sticky Bonuses | Sticky bonuses will “stick” to the site and this means that they will be unavailable for withdrawal. |
Cashable Bonuses | Bonuses that can be cashed out once the wagering requirement has been met. |
Wagering | How many times you need to use your bonuses on games before it turns into cash. |
Best Bingo Sites Low Wagering Stocks
As you can see, a few changes to these words can mean a massive change to how you play, as they make it more or less realistic for you to withdraw your cash.
Best Bingo Sites Low Wagering Money
Payment Methods
Depending on the payment method that you use, the minimum deposit can change. This is because it can be more costly for the site to accept a small payment, as the fees actually outweigh the amount you’re depositing. Some services, like MasterCard, have a minimum fee, which means if you’re paying a small amount the site is left with the bill.
Paying by phone bill or through PayPal can give you more control over your deposit amount, as you can lower the amount easily. These can actually go to a minimum £3 deposit on some sites, so you can spend even less than £5 if you look for these.
Are there Ts and Cs I should know about?
Of course, there are terms and conditions to be aware of on every single bingo site and there are always things to consider with low deposit bingo sites. We’ve already mentioned real cash vs bonus cash so it is important that you understand what is required before you can make a withdrawal of your own. Every site will have a minimum deposit limit but also a minimum withdrawal limit to be aware of as well.
Additionally, the types of bonus that you can receive will be outlined in the T&Cs.
Some sites will claim that they offer real cash bonuses but are these really real cash if you cannot withdraw? We understand that wagering requirements have to be there to protect the sites, but it it’s literally impossible to withdraw with a bonus, we don’t think that’s very fair.
For this reason, it is very important that you read the terms and conditions so that you totally understand any restrictions that may apply on your chosen low deposit site and then you will be good to go! You want to know about these BEFORE you commit your cash to a site, as you don’t want to be in for a nasty surprise further down the line.
Don’t just look at the terms and conditions of a particular offer, look at them as they apply to the site as a whole. This is more likely to tell you if you have to wager through a lot of cash or deposit a lot of money to be able to withdraw. On some sites, you have to pay in £40 before you are able to withdraw, so it would take you a long time to get there with those small deposits.
If you’re in any doubt, get in touch with support on the site. They should be able to talk you through exactly what these terms mean and how they will affect your gaming time. If they can’t tell you, then we wouldn’t play there!
Summary
Overall, it can be better to pop a little cash into your account on a bingo site as it can give you so much more. Becoming a funded roomie comes with plenty of bonuses, even if it is only with a fiver and these deals can be much more rewarding than no deposit offers.
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