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Sep
7th

All About Cash Back Bingo

In the not so distant past many online bingo sites offered players free no deposit bingo. According to most bingo news sources the strategy was effective but a growing number of players started to engage in what was known as ‘bonus abuse.’ Most of the major bingo brands have withdrawn their no deposit free bingo offers in favor of other player perks. Cashback schemes have become very popular with bingo operators and a wide variety of cash back offers are now available to players. Unlike other bingo bonuses cash back bingo gives players back a percentage of all the money spent on bingo cards and games.

The idea originated in the online poker industry where poker sites would give back a percentage of the rake taken from the pot back to the player. The idea was well received by players and the online bingo industry used the same principle when creating cash back bingo. Cash back bingo is a relatively new idea and is a great way for internet bingo sites to reward loyal players. Cash back offers are in addition to regular deposit and reload bingo bonuses, and VIP programs that the sites already have. Players at cash back bingo sites will get even more for their hard earned money. Cashback offers are not for players who go from site to site but are a great option for long term players.

For some players cash back offers have been the deciding factor when choosing an internet bingo site. Players love the extra cash they receive at the end of the week which enables them to play many games for free. At most internet bingo sites players can use the cash they receive to play side games in addition to bingo games. Average cashback offers are usually around 8% to 10%. Players start earning cash back right away. Cash back offers are meant to build brand loyalty. Cash back offers and programs are a developing trend in the internet bingo industry and in many cases have replaced the old no deposit offers.

Internet bingo is a great way to have some inexpensive fun. There are huge jackpots and special promotions. Many bingo sites hold tournaments with huge life changing jackpots. Internet bingo has come a long way since the first bingo sites were launched in the mid 90’s. Today internet bingo generates about $2 billion dollars every year and that figure is rapidly growing.