Nearly every online casino offers tempting-looking bonuses. But with so many casinos, and such a wide range of casino bonus offers, how can you tell if you’re getting a good deal?
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Some casino bonuses are really great - others have some restrictions that you may not notice until you’ve signed up. So read on, for the inside information you need, to choose the best bonus for you. We’ve trawled through all those small print Terms and Conditions, to bring you an insider’s briefing.
Signing Up Casino Bonus
The signup bonus is a reward for entering your details and opening an account with a casino. There are many different types of signing up casino bonus, and you’ll need to know what to look for before committing to a particular bonus. So here’s the inside briefing to help you decide.
Online Casino No Deposit Bonus offers
Not all online casinos make you deposit money. Some allow you to sign up and play some of the online games for free. However, the free offers tend to be limited in scope, and of course, you can’t win, since you’re not wagering.
More frequently, you’ll see an online casino bonus described as a no deposit bonus. Seeing this, you may expect to sign up, get some cash put into your account, and start playing. However, it may be that while you get a casino bonus without depositing cash before you can play with it, you have to make an actual cash deposit and get your welcome bonus. Then you get to play.
Remember, that most winnings earned with bonuses are subject to a wagering requirement before you can cash in your winnings. More on that below. Meantime, just bear in mind that the no deposit bonus casino offering can be more complex than it first appears, and you should read the Terms and Conditions, by following the “T&Cs” link that you’ll find next to the offer.
Sign Up Bonuses And Welcome Bonuses With Matched Deposit
You’ll frequently see an offer of a 100% matched deposit, up to a certain sum. Now, you may assume that this means the amount you deposit is then matched by the same amount paid into your account. This is only true if the casino bonus is described as a first deposit bonus. In this case, you will attract a 100% match on your deposit. In some cases, however, the 100% is achieved over three different deposits, up to a cash limit.
Similarly, offers that look fantastic, like a cash bonus of five times your deposit, often come with wagering requirements (see below), time restrictions on how quickly the bonus must be used, and limits on how high your winnings are allowed to be.
Loyalty Bonus And High Roller Bonus
If you’re a regular player or one who likes to wager substantial amounts, the casinos will be falling over themselves to secure you as a customer and reward your loyalty. One way they do this is to offer higher bonuses that are only available to players who have wagered a certain amount, or who play very regularly. The bonuses aren’t always cash either. Some casinos have VIP bonus programs that involve events, such as days out at top sporting fixtures, as the guest of the casino.
Many welcome bonuses include free spins on various slot games. These are a great opportunity to win without having to spend any money. There are just a couple of things to be aware of. First, the games that you can play on, are usually limited. You don’t get the choice of any slot in the casino. So you may be disappointed if you sign up thinking you’ll use your spins on your favorite game, only to find it’s not on the list of eligible free slots.
Secondly, our old friend the wagering requirement is usually involved. Any money that you win with your spins may be subject to a playthrough amount. See below for more information.
Mobile Casino Bonus
The huge success of online gaming via mobile has led many casinos to make substantial investments in ensuring they have a great casino offering for mobile users. To encourage people to switch to mobile, you’ll often find a generous casino bonus specifically for mobile. Some people are even using apps to fund their gaming account via mobile phone credits. The same offers and restrictions apply to any casino bonus though, so make sure you understand how much you’ll have to wager before you can withdraw your winnings. Which brings us to the matter of wagering requirements.
Casino Bonus Wagering Requirements
The wagering requirement attached to a bonus is also sometimes called the playthrough requirement. Essentially, it’s the amount you need to wager before you can withdraw your winnings. Nearly every casino bonus is tied to a wagering requirement, so it’s hard to escape. A typical wagering requirement will be written as x40. That means, that if you accept a welcome or matched bonus of say 10, you will need to wager 400 before you can draw out any of your winnings. What’s more, you usually have to do this within a set time period, or you lose the casino bonus.
However, with our help, you can get yourself the best deal available. While x40 is average, x30 is good value and x50 is expensive. So if you’re considering a casino bonus, and you see this level of wagering requirement, you need to be sure that the bonus, or other benefits of the casino, make x50 worthwhile.
Another thing to watch is that while some online casinos impose the wagering requirement on both your deposit and the casino bonus, others only charge it on the bonus. Don’t forget, that if you have a 100% first deposit matched bonus, and the wagering requirement is charged on both deposit and bonus, that’s twice as much you must wager as if the requirement was only on the bonus.
However, as we discussed above, you may decide that other aspects of the casino’s offer make it worth overlooking this drawback. If you’re prepared to take a close look at the casino bonus being offered, you should be able to judge which casino is offering the best combination of welcome and other offers.
Remember, that the casino bonus is just one element of the casino’s service. Some of the best casinos don’t offer huge bonuses, because they know that they have a superb selection of games, sports and casino wagering, that will have people flocking to the site.
As ever, it’s about being well informed - follow us on this site, to ensure you’re ahead of the crowd and getting the best value possible.
💸 What is an online casino bonus?
Casino bonus is a free offer made from the gambling operator to the players in exchange for their commitment to the website. It can be in the form of bonus cash or free spins or even merchandise.
💰 Can I win real money when using a casino bonus?
Definitely! However, you have to meet the wagering requirements that the online casino has for the bonus in question.
💲 Can I withdraw my bonus balance?
When you are playing with a bonus, you can withdraw your Cash Balance at any time. However, if you withdraw your Cash Balance, all your bonus money will be forfeited.