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Cash bingo is bingo games that are played for real money. In online bingo games, cash prizes range from a few dollars to a few thousand dollars. High payouts are usually won in high stakes or high rollers games, in which players make larger deposits in order to play.

The majority of cash bingo sites have rules and regulations for opening accounts and playing bingo games. Most sites do not allow players to open more than one account. This means that players may not sign up under different user names once they have joined a site. Most cash bingo games state their multiple account policy, and the average penalty for not adhering to this policy is disqualification.

Most cash bingo games can only be played once the player has made a deposit. These deposits are usually fairly reasonable, and many online cash bingo sites run special deposit bonus promotions and offers. A couple of prominent sites offer players a 100 - 200% bonus off their first deposit. Many sites also offer special deposit draws each week or month, in which players can win prizes if they make deposits in the time frame of the competition. These benefits make depositing something players are happy to do, rather than something that they feel they have no choice to do in order to begin playing their game.

Generally, cash bingo sites have secure software for players to make cash deposits and fund their accounts. The most popular system is NETeller, which is an e-wallet that uses encrypted software to ensure players account transactions are kept secure and private at all times. Players are responsible for keeping their account details in a safe place.

Prizes for cash bingo games depend on the type of game played. Progressive jackpots are played at almost every site. These are prizes that accumulate over a certain amount of time, so that the figure increases if it has not been won. Prizes eligible to be won in these cash bingo games can be up to $3000. There may also be monthly or weekly Sweepstakes competitions, in which players can win anything up to $2000. Standard bingo game prizes range from bonus credit prizes to cash prizes from $50 to $1000. Players simply need to play bingo and enter these competitions to be eligible to win these prizes.

Playing cash bingo is a fun opportunity to win real money, while enjoying the excitement of playing bingo. If players are responsible and stick to their chosen bingo sites policies, the rewards that this game offers are huge.