With so many different kinds of online bingo bonuses, it’s no one wonder that some people get confused about what it all means. For example, what exactly is a no deposit bonus? Luckily, we are here to help explain all. In the following article, we will aim to explain how no deposit bonuses work and how you can get the greatest amount of profit from them.
But first, here’s a list of the best no deposit bingo sites that also accept PayPal!
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What are no deposit bonuses?
A no deposit bonus is available on quite a few PayPal bingo sites. This is a bonus which will be added on to your account immediately after sign up, prior to you having deposited on the site. In this way, you are about to play free bingo no deposit needed. How much bonus you get generally varies somewhere between £5 and £20, and what you can spend it on depends on the site. Some sites may allow you to spend the bonus strictly on bingo, others may allow you to spend it on bingo and slots.
The great thing about a no deposit bonus is that it enables you to get a real feel for what the site is like before having to make any kind of monetary commitments. Also, you can often get this bonus without providing your credit card details. What’s more, if you play on the right sites and they can pick up some truly phenomenal profits, absolutely free.
What does “keep what you win” mean?
When going for a no deposit bonus, you may notice that some sites advertise the bonus as being “Keep what you win”. So what does this mean for the average bingo player? Essentially it is what it says on the tin; whatever money you might win whilst playing no deposit bingo, you are allowed to withdraw and keep immediately. This may sound like a no brainer, however many sites do not allow you to do this. Instead, players have to deposit and wager a certain amount of real cash on the site before they are allowed to withdraw their winnings. This is called wagering requirements, which can vary quite significantly from site to site. We will talk more about wagering requirements in the T&Cs section.
Of course, wagering requirements exist so that players don’t simply take their winnings won from free bonus and run. However, since playing online bingo is so fun, most players tend to come back to the no deposit bingo sites to carry on playing. After all, if you’re willing to allow players to play free bingo, then you must really believe in your product.
T&Cs to be aware of
Whilst obviously you want to be looking out for a keep what you win site, wagering requirements are still a dominant feature on most no deposit bingo sites. This means that you have to wager a certain amount of your own cash onto the site before you are allowed to remove any of your winnings from it. How much you need to spend will vary from site to site, but it is usually a multiplication of how much you have deposited and how much bonus you have received added together. So, if your site has a £5 no deposit bonus, and you make a deposit of £10 with a 300% first deposit bonus, the wagering requirements will be made up of a multiplication of all of these added together (So in this case, a multiplication of £45).
The wagering requirements of some sites may reach up to 30x your deposit and bonus. However, others will be just 4x this amount. Others will ask for one off payments of around £30. If you want to play on a PayPal bingo no deposit site then you can find several of them quite easily on this page. Many of these sites offer very low wagering requirements, so you can shop around to see where to get the best deals.