There's bad news for fans of free bingo for real cash today as Posh Bingo have changed the way they handle wins from their free games. In the past players who won on the free bingo could cash out and take the money, however the situation has now changed.Instead, the free money you win can only be used to play for real at Posh Bingo. In other words it's now treated as bonus money. This change, however, only applies to the Cash Crazy and Freebies rooms.
If you're a depositing player then you also have access to two Daily Dosh free bingo games to play for £50 prizes. These are unaffected by the changes and so that means you're playing at 8.30am and 8.30pm for real money.
The change from play for free for real cash to bonus cash is the first major change to Posh Bingo since being taken over by 888 Holdings. That may just be coincidental and unrelated to the change in ownership, although we do wonder if free bingo wins on 888 Ladies are also paid as bonus money?
The change at Posh may also signal a change in how free bingo sites operate. Most certainly no bingo room can just give out cash day in day out to free bingo hunters. They need depositors and to generate revenue. This challenge has been taken up well by Costa Bingo, who are rewarding paying players with extra free games, and Cheeky Bingo, who added attractive bargain bingo games to their roster.
As expected 2010 is going to be a challenging one for these kind of sites.
