What Does A Wager Mean In Bingo?

You’ll often hear the term wager when it comes to online gambling and bingo, and it’s a little snippet of jargon that you may not necessarily understand if you’re completely new to the game.

Bingo Wagering Requirements

You’ll often hear the term wager when it comes to online gambling and bingo, and it’s a little snippet of jargon that you may not necessarily understand if you’re completely new to the game.

However, there’s really no need to worry and it’s a rather simple term that you’ll no doubt be using yourself as your bingo gameplay develops.

So, what does a wager mean in bingo?

What Does A Wager Mean In Bingo?

A wager is simply a term used to signify a bet. Whether playing online bingo games, slots or even sports betting a wager is another word for a bet.

Of course, when it comes to bingo you don’t place a bet in the typical nature of placing a bet, but rather are required to purchase a bingo card to play. This is essentially your wager as you are betting on this card to win in a game of bingo, whether that be 90-ball bingo or slingo bingo.

Therefore, put simply, a wager in bingo is the process of purchasing a bingo card to play with.

Placing A Wager In Bingo

Placing a wager in bingo is incredibly simple and it will take just a few clicks to buy a bingo card to then play with.

In order to do this, you must first have a registered account. Here at Moon Bingo that’s a simple process, entering a number of details and verifying your identity. You can sign up by clicking here.

Once signed up, you then need to make a deposit in order to buy bingo cards. Again, this is a simple process and can be done by going to your account settings and following the steps. There are a range of different payment methods available from the likes of debit card and bank transfer to PayPal and more.

Once you have bankroll available to play bingo, it’s simply a case of purchasing a bingo card on entry to the bingo game and starting to play!

It’s possible to purchase multiple bingo cards, which is the equivalent of placing multiple wagers all of which can be played in the game and are marked off automatically by the gaming software.

Wagering Requirements In Bingo

What you also may encounter when it comes to wagering are wagering requirements. These are common when you’ve claimed a bingo promotion and players must complete these wagering requirements in order to make a withdrawal.

What you will find is that any winnings must be wagered a set number of times before being available for withdrawal. This usually has to be completed within a set time period, commonly seven days and should this not be completed, the funds will be removed from your account.

It’s always worth reading the terms and conditions of any promotion before wagering it, looking out for:

  • Wagering requirements
  • Timescales
  • Applicable games
  • Maximum payouts

And more. These will all be clearly highlighted in any terms and conditions.