What Is Cash Out Bingo

Cash Out BingoCash Out Bingo was launched at the end of 2019 as an exclusive game to Foxy Bingo. It’s now available to play at Cheeky, Ladbrokes and Coral all of which are now part of the GVC Network. In short GVC own the brands mentioned. They purchased the old Cozy Games platform and have developed the software to their own needs. All the old Cozy sites have pretty much closed down whilst GVC’s main brands have moved from Dragonfish or Virtue Fusion to their new home.

How To Play Cash Out Bingo

Out of the development of the new platform came a new game – Cash Out Bingo. You may well be more familiar of the term Cash Out with online betting. This is when you’re holding a winning bet, for example Southampton are leading 1-0 against Manchester City, but you’re not too sure if that lead will remain until full time. This is where cash out comes in handy. Some bookies allow you to claim your win (for lower odds) so that you take home some cash rather than risk losing it due to a change in the game. Foxy Bingo et al have simply taken this concept and applied it to bingo.

The Cash Out Bingo game plays exactly the same as any other traditional 90 ball game. Players purchase their tickets, the numbers are drawn and the aim is to win on one line, two lines and a full house. However the difference occurs when players are on 1TG (one to go) and hoping to win a full house. Players on 1TG will have the option to cash out and take a smaller win. If your ticket is at 1TG then you’ll get a short amount of time to decide whether to take the money or hold on to see if you win the full house.

Do Players Love Cash Out Bingo?

It’s important to note that you only get one opportunity to cash out. If you turn down the offer then you’ll not be offered the chance again on that ticket. How much you can win by cashing out is determined by the pot on offer and also by the number of other players who decide to cash out. Although GVC heralded this game as a “unique new feature which we think player’s will love” the room numbers in Foxy’s Cash Out room suggests otherwise. We’re not quite sure why as we quite like the innovation and it’s uniqueness. But if you have a lot of games to choose from then a 10p ticket for a cash out prize is always going to play second fiddle to win a £50 pot in a more active room.

We do wonder whether the Cash Out option should be a feature across all the rooms rather than a standalone room? Having read reviews of the innovation when it first launched we understood that it was meant to be rolled out across 30, 75, 80 and 90 ball rooms. This doesn’t seem to be the case unless we’re missing something. Hopefully we’ll be seeing a few promotions surrounding the cash out option as it’d be a shame for it to fail.

Where To Play Cash Out Bingo

Spend £10 For £40 Bonus
Visit Cheeky Bingo

New Players Only. Min £10 deposit & wager. £40 Bonus valid on Bingo only. 4x wagering requirements. 14 days to meet wagering. 18+. begambleaware.org. Terms Apply.

Spend £10 For £40 Bonus
Visit Foxy Bingo

New Players Only. Min £10 deposit & wager. Bonus valid on Bingo only. 4x wag req. 14 days to meet wagering req. Offer expires in 14 days. 18+. begambleaware.org. Terms Apply.

Spend £5 For A £25 Bonus
Visit Ladbrokes Bingo

New Players Only. Deposit and spend £5 on Bingo Tickets to receive a £25 Bingo Bonus. 2x wagering requirements apply to Bonus. Bonus valid for 14 days. Certain deposit types excluded. 18+. begambleaware.org. Terms Apply.

Spend £10 For £30 Bonus & Spins
Visit Coral Bingo

New Players Only. New Coral Bingo customers only. Min deposit & spend £10 on Bingo tickets to get £30 Bingo Bonus. Min wagering req 2 x Bingo Bonus. Free spins value £0.20, credited after deposit. No wagering reqs apply. 18+. begambleaware.org. Terms Apply.

Wagering terms and conditions apply. All details above were correct when published on July 7, 2020.
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