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Information about Deposit £10 Play with £50 Bonus - June 2022

Contents

I know what you’re thinking, what’s the catch?

Well, there are several of them. But that’s not necessarily a bad thing. We’re talking about online gambling sites, after all. They’re in the business of making money, not dishing it out just to make your day.

The question is, what are those terms, how much do they impact the apparent generosity of this bonus, and is there anything else you should know?

What is the Deposit £10, Play with £50 Bonus?

As the name suggests, this bonus offers a total of £50 when you deposit just £10. It sounds incredibly generous, and it is, but it’s rarely offered as a straight-up 500% deposit bonus.

For instance, let’s use a previous 888Ladies bonus as an example (if it’s still available when you read this, you’ll find the link above).

It gives you a 200% match as a gaming bonus and a 200% match as a bingo bonus, and when combined with your original stake, that creates the advertised bonus amount.

For instance, a £10 deposit means you’ll have £20 to use in the casino, £20 to use on bingo tickets, and £10 to do with as you please.

That’s not all, though, as there are some terms to look out for:

The Wagering Requirement

The wagering requirement is one of the most important terms on any casino bonus. It dictates how much your bonus credits and winnings much be wagered before they can be withdrawn.

Where the £10 deposit play with £50 bonus is concerned, things can get a little complicated as the wagering requirement typically varies depending on whether you’re playing slots or bingo games.

If we return to the 888Ladies example, the wagering requirement is just 2x for bingo games and 30x for casino games. This equates to a total wager of £40 for that £20 bingo bonus and £6,000 for the gaming bonus.

This is just one bonus from one site, though, and wagering requirements can go as high as 70x.

The Winnings Cap

If you’re looking for a catch, this is probably it.

The winnings cap is essentially the maximum amount that you can win with the bonus. Where the aforementioned 888Ladies bonus is concerned, it’s capped at £100, or 10x the minimum deposit. That’s quite low for a bonus, but it’s not low for a bonus of this magnitude.

Generally speaking, the more generous a bonus seems to be, the more likely you are to encounter a winnings cap. After all, if every player collects £50 with a £10 deposit, and the wagering requirements are a low 2x and 30x, there’s a good chance a large number of players will be walking away with hundreds and even thousands.

That’s just not sustainable for an online casino, and so the winnings cap is their insurance policy.

It’s worth noting, however, that this limit only applies when the wagering requirements have been met. So, you can win big, use those funds to expedite you through the wagering requirements, and then wave goodbye to all that superfluous cash.

Other Bonus Terms

Other bonus terms and conditions to be aware of include:

Time limits: There is often a limit on when bonus credits must be used and when wagering requirements must be met. If there are free spins, free bets, or bingo tickets involved, they will also have expiration dates.

Payment limits: It’s becoming increasingly common to see web wallets like Neteller, Skrill, PaysafeCard, and PayPal excluded from offers like this one. Deposit with these methods and you’ll miss out.

Wagering contributions: Not all games are treated equally when it comes to the wagering requirements. Some games count for 100% of your wager, others count just 10%, and then there are those that don’t count at all.

How to unlock: Frustratingly, some bonuses require you to email customer support or use Live Chat before the bonus activates. Thankfully, these sites are in the minority, but such a term can ruin a bonus and your day, so be on the lookout for it.

Every time you see a casino bonus advertised in the UK, you’ll see a small summary of the terms and conditions. This will include the most important terms, including the minimum deposit, maximum payout, and time limit. It will also state whether it’s only available to new players or not.

But these terms don’t always include the wagering requirement and payment limits, and they almost never include the wagering contributions. To see these additional terms, you’ll have to read the full T&Cs. You can also just check our reviews, where we discuss these terms and what they mean.

Can I Really Deposit £10 and Play with £50?

Yes! It sounds like one of those offers that’s too good to be true, but it’s actually a carefully balanced promotion that’s built to ensure the casino stays in profit.

You might think that you can collect the bonus, use it wisely, and then walk away with a profit. And maybe you can. But for every player who succeeds in “beating the house”, there will be a dozen others who lose every penny of their bonus.

At the end of the day, even if the casino breaks even, they still walk away as the winner as they now have many more members and have been featured on countless more review sites. They have also spent less on advertising during that time, and as clicks and leads can be incredibly competitive in the online gambling industry, that’s very important.

Who Can Benefit from this Bonus?

Some bonuses are better suited to occasional players, others are best for regulars. The £10 deposit, £50 bonus sits somewhere in the middle.

It’s fantastic for casual players as it’s very rare to find a casino willing to give you £50 worth of credits for a deposit of just £10. And while regular players are less likely to get too excited, £50 is still £50, and it can make for an interesting first session.

What’s more, many sites, 888Ladies included, give even more credits to players who deposit more than £10. So, if you’re a regular player, just deposit your usual amount, collect a bigger bonus, and use your funds wisely!

Where Can I Find the £50 Bonus (£10 Deposit)?

You can find the £10 deposit, play with £50 bonus on all of the sites listed in this guide. This page is not as populated as some of our other offer pages, including our no deposit bingo page and our guide to free spins with no deposits, but there are still several sites to check out.

All of the sites we feature here have been fully vetted and reviewed, so if you want to learn more, click the links and check out the content. We discuss everything from welcome bonuses and loyalty bonuses to security features, customer support, payment options, and games.

Deposit £10 Play with £50 Bonus - June 2022 FAQ

  • How Can I Use This Bonus?

    You can use this bonus to play real money slot machines, table games, and Live Casino games. It may also be available for bingo games and other interactive titles. The terms and conditions will tell you more about where it can be used and whether there are any specific wagering requirements you need to know about.

  • Can I Collect the Deposit £10, Play with £50 Bonus on Mobile?

    You should be able to collect this bonus on any device and platform. It can be limited based on region and payment method, but it’s very rarely—if ever—limited based on device, browser, or operating system.

  • Are there any wagering requirements?

    There are wagering requirements. These are set at 2x for bingo games and 30x for casino games. Remember to read the full T&Cs before signing up.

  • Is This Bonus Legit?

    Of course! It’s a legitimate bonus offered by many legitimate online casinos. But that doesn’t really tell us much. After all, PayPal is legit, and so is Bitcoin, but they are still used by many criminals and scam operations. The existence of this bonus does not indicate a scam, but it also doesn’t suggest that the site is completely trustworthy. You should still do your due diligence, which includes making sure the site is regulated, secure, and certified. We vet all of the sites that we review and promote here on Bingo Paradise, so if you’re getting recommendations from us, we guarantee you’ll only be joining legit sites.

  • How Common is it to Get a £50 Bonus with a £10 Deposit?

    This bonus is not very common, but it has been offered by a few major casinos and bingo sites in the past. If you keep an eye on this page, we’ll keep you updated with the latest bonuses.

  • Can I Get This Bonus in the UK?

    Yes, this bonus is offered by a number of online gambling sites here in the United Kingdom. As noted above, it’s not as common as standard 100% deposit bonuses and free spin bonuses, but it’s certainly out there and we have highlighted the best sites that offer it.

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