This bonus typically works by allowing players to receive a percentage of their first deposit added to their account as bonus funds. For instance, if a bingo site offers a 100% Welcome Deposit Bonus up to $100 and a player deposits $50, they would receive an additional $50 in bonus funds, giving them a total of $100 to play with. These bonus funds often come with specific wagering requirements, meaning players must wager a certain amount before they can withdraw any winnings derived from the bonus.
Welcome Deposit Bonus Example
For example, if a player deposits $100 and receives a $100 Welcome Deposit Bonus, they will have $200 to play with. If the wagering requirement is 4x the bonus amount, they must wager $400 before they can withdraw any winnings from the bonus funds.