| Updated: September 4, 2018Regulated under the laws of Costa Rica, 123 Bingo welcomes players from most countries around the world, including bingo mavens residing in the USA. The operator’s website saw the light of day in 2004 but apparently has not been given a makeover for the last 14 years, at least judging by its old-school design and layout.
Other than that, 123 Bingo uses the software platform of Vancouver-based supplier Parlay Games. Registered users get the chance to enjoy a healthy range of bingo variations directly in their browsers but there are also many slots and casino table games they can play.
One of the most distinguishable features of this Emoney Processing-operated bingo platform is the wealth of promotions it is home to. Loyal bingo roomies can increase the duration of their playtime by redeeming regular deposit bonuses like the 350% reload bonus which also includes a 75% cashback on their losses. Read on for further details about this bonus offer from 123 Bingo.
Full Bonus Terms and Conditions
The free fun at 123 Bingo does not end with the sign-up and welcome bonus offers. Those who have already registered their accounts and have taken advantage of these welcome bonuses have the opportunity to opt in for a regular 350% bonus on their subsequent deposits. This would also render them eligible for a 75% cashback on the losses they suffer.
The only thing players must do to receive the bonus is make a deposit of $50 or more. Then they must click the button that reads “Claim your coupon code” and enter the following promotional code – REGULAR350.
Please note that 123 Bingo supports but a limited range of payment methods, which is pretty much typical for online gambling sites that accept play from the United States. You can process your deposits only via Visa, Mastercard or Diners Club International cards, prepaid cards, wire transfers, and Bitcoin. The maximum you can transfer into your account is $100 per single transaction. This is to say, the maximum you can receive in bonus funds is restricted to $350.
But this is not all. If you are unlucky enough to blow your entire deposit, 123 Bingo will recompense you with a 75% cashback. For example, if you happen to lose your entire deposit of $100, you will receive $75 back. Certainly not bad, right?
As good as it sounds, this offer has some terms and conditions attached to it and if you do not adhere to these, they will annul your bonus and its relevant winnings. For starters, the bonus has wagering requirements of 3x for the bingo games, 30x for the keno and online slots, and 45x for the other games you are permitted to play with bonus funds. These numbers apply to both the deposit and bonus amounts, mind you.
Another thing to keep in mind is that if you opt in for this offer and use your free credits on both bingo games and slots, the larger multiplier for the wagering requirements will be taken into consideration. In other words, you will have to wager the deposit and bonus 30x instead of 3x. Provided that you play other allowed games, the multiplier of 45x will be used. Wagering is the same for the cashback bonus but the maximum you can withdraw here is $100 or 1x the maximum allowed withdrawal, whichever of the two is higher.
While we are on the subject of allowed games, we would like to advise you not to play any of the following if you have an active bonus into your account – roulette, baccarat, blackjack, craps, pontoon, Sic Bo, Pai Gow, and War. If you neglect our warning, 123 Bingo has the right to void both your bonus and the winnings you have accrued with it.
Another important thing to bear in mind is that bonuses resulting from deposits at 123 Bingo are not withdrawable. You can use the bonus to play for free and get to keep only the sum you have won in the process, i.e. if you have cleared the wagering requirements. The bonus monies will be removed from your bonus balance as soon as you send out a withdrawal request to 123 Bingo. This offer cannot be used in combination with other active bonuses.
In this vein, we would also like to specify that the minimum you can cash out is $100 whereas the maximum is capped at $1,250 per week for a total of $5,000 each month. Do not bother attempting to claim any bonuses if you are under the age of 21 – players under this age are not welcome at 123 Bingo.
The offer is also unavailable to customers who top up their account with less than $50 or are permanently domiciled in countries like the Czech Republic, Brazil, Romania, India, and Belarus. US citizens from New York and Maryland also cannot opt in for this bonus.
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