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The sheer range of online bingo sites being offered, and the rapid growth of this area of the industry, has meant that companies have had to find a way of attracting new customers, and retaining existing ones. As a result, many employ so-called “bingo bonuses”.

Bingo bonuses are, in effect, a proprietary alternative to “real” money, which can be used solely to play these games online. They can be likened to credits, which can be acquired from the company in question in a variety of ways. Most online bingo sites offer a sign-up bonus, meaning that new players are given a certain number of these credits simply for signing up to the service. In many cases these bonuses are only credited to the player?s account once they have made their first deposit (which is sometimes subject to a minimum amount), although it is possible to find sites which will give credit immediately after an account is set up.

Sign-up bonuses are good for attracting new customers, but increasing competition means that customer retention is also a priority. In order to achieve this, many sites now offer deposit bonuses. These bonuses will be equal to a proportion of your first few deposits, although the exact amount that you may be offered will differ depending on the site. It is not difficult, however, to find bingo sites offering 100% of your first three deposits.

When considering bingo bonuses, you should remember some of their limitations; in order to prevent players from abusing the system, most sites have placed restrictions on the withdrawal of the credits. In most cases, they must be “played through” a certain number of times; sometimes this is as high as thirty plays.

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