When does my bingo bonus work in my favor?
9:19 PM
When your bingo bonus is larger than the average bonus money in play on the site.
If you manage to get more bonus money than the average player then bonus money is helpful to you. The payout, let's assume that it is 70%, is spread out over the real money and bonus money. So if the average bonus among all the players is 50% then the net payout is 70% / (1.5) = 47%. That is 47% of $75, which is $35, the same $35.00 that is 70% of $50.
If you get 100% bonus on a $50 deposit and the average bonus is 50% then more of the payout potential is in your court. The net payout is applied to your deposit + bonus = $100. What this means is that your payout on real money for you is $47 on $50, that is 94%! This doesn't mean that you have a 94% chance of winning, just that you are effectively paying less for more. This increase in payout is actually just reflected in your ability to buy more cards.
There is still more to consider. A factor in your favor is that the average bonus will generally be a little lower due to unused bonus money. On the other hand there are negative factors such as players that spend their deposit on slots or scratch cards and only use their bingo bonus on bingo cards. This should have a negative effect on the net payout, since their is less real money in play.
In a nutshell.
The bingo bonus is a scam with the positive side effect of encouraging greater distribution of winnings. Bonus money is an illusion unless you get a larger bonus then the net average bonus in play. If you win a tidy sum, redeem your money. Playing with winnings is more expensive than playing with your deposit or bonus money.
