Bingo Online Free Cash – At what cost exactly?

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Since the first online bingo site was launched in 1996, the amount of people playing Bingo Online for Free Cash has reached astounding new levels across the globe.  In fact in the UK alone more than 3 million people log on to play online bingo.  So what is the incentive for these customers and at what financial cost to them?

First of all, good old fashioned cash is given out as prize money for all the online bingo forums.  The amount varies depending on the risk.  The general rule for gambling is the greater the risk, the higher the stakes.  The highest recorded jackpot prize for online bingo is £1,000,000 and there are now dedicated websites that record which online bingo sites offer the highest cash prizes, such is the phenomenon.

In addition to Bingo Online Free Cash, the industry is now offering an array of promotions to entice you to play.  For example many sites offer you a free vacation and even give you the spending money.  Other illustrations of such promotions include vehicles, music concert tickets, makeovers, TVs down to the less extravagant prizes of wine and chocolates.  Whatever the offering is and whatever its value, the incentives are enough to keep the billion dollar industry growing year on year.

You might think that to earn such prizes requires a huge initial cash outlay, however you are wrong.  A quick glance at the different promotions available on the web shows how competitive the industry is now, with everyone wanting a piece of the lucrative pie.  Many sites will give you free bingo money in return for your registration.  Once you are an established player, deposits of $5 are usual.   This amount of money actually equates to a substantial amount of playing time.  In fact many sites will endeavour to match the money the money that you have deposited by 100% – 300%.

The more people that log onto an online bingo game, the higher the jackpot becomes.  Many sites now operate as a network which means a number of different front end sites are playing for the same jackpot at the rear end.   This means that the jackpots are sizeable.  You can identify these sites as they are always offering the same promotions and similar graphics.  It is perfectly legal and it means that there are always enough numbers of players to play the game.

So is there such a thing as free cash?  If you are prepared to play the game and exchange your personal details for bingo cash then there certainly is.  In fact due to its ever increasing popularity, there has never been a better time to sign up.  With online companies fighting for their share of the market,  the jackpots are higher than ever, the promotions as tailored to your needs as you could wish for and free prizes for agreeing to participate, there has never been a better time to engage in online bingo.

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Gamble Aware (www.gambleaware.co.uk) is managed by the Responsibility in Gambling Trust, an independent charity which funds treatment, research and education about responsible gambling. The website has been developed by a Task Force made up of representatives from the Gambling Commission, DCMS, academia and industry.

Gary Beal

One thought on “Bingo Online Free Cash – At what cost exactly?

  1. Pingback: What is the real cost of playing bingo online? - Cyberbingo's BlogCyberbingo Blog

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