No Deposit Bingo Becomes Up To £3000 Free Bingo
Regular visitors to Penny Bingo, especially the no deposit bonus section, may well have noticed that things have changed dramatically over the last few weeks. The number of sites offering traditional no deposit bonuses such as £10, £15 and £20 has dropped considerably. The reason for this is that sites on the Cozy Games platform have all changed their welcome offers. Out go the £15 and £20 no deposit bonuses we’ve seen for many a year and in comes a 7 day free newbie room which boasts the opportunity of up to £3000 free bingo.
On the face of it this looks quite a good deal, swapping a £15 no deposit bonus for £3000 of free bingo. Imagine if you won a sizeable chunk of that during your opening week. However, sorry folks it doesn’t quite work like that. Wins from the free games are paid out as a bonus, and this bonus becomes activated when you make your first deposit. However the maximum bonus you can have from playing the free games is £20.
Of course there’s also no guarantee you will win £20 or more playing the free games either. Wagering terms also apply and in the case of the free bingo bonus it’s x8!
New First Deposit Offers
Another big change at the Cozy Sites is in the first deposit bonus. Previously it was a 500% first deposit bonus, followed by a 350% bonus and then a 300% bonus. That’s all changed and pretty much every site, bar a handful, now offer a 300% first deposit bonus (max £120), 150% second bonus (max £60) and 100% third bonus (max £50). Wagering terms also apply and for this offer it’s x4 for bingo and x20 for slots.
All these changes are a result of recent taxation levies being placed on free bets and bonuses. Although this hasn’t been officially passed into law, due to a delay caused by The General Election, it is expected to be applied and then taxes collected retrospectively from the 1st August 2017. To reduce their tax bills many bingo operators have therefore opted to remove reload bonuses and no deposit bonuses. In addition there’s been calls for more clarity regarding bonus payments and wagering terms.
We think that these changes will have a massive impact on bingo in the UK. Most certainly we will see a few sites close and we anticipate operators to merge. Once the dust has settled and everyone’s figured out the best way forward then hopefully player’s will have plenty of good sites with fair terms to play at.
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Wagering terms and conditions apply. All details above were correct when published on October 24, 2017.
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