Online Casino Bonuses 101

You’ve probably noticed that the majority of casinos online advertisements typically include a bonus or FREE money to help you get started playing. As with most things around the globe it’s not free therefore, before claiming this free money and then becoming angry that the scammers have swindled you, I advise you read on and learn how this all operates.

To begin, you might ask yourself why casinos online provide these “free” amount of money?

It’s an element of their marketing strategy and differentiation. In a nutshell that is, online casinos are typically “skins” of a certain software manufacturer, and so behind the different owners, graphics, licensing etc beneath the hood, there’s really nothing different between, lets say, all Playtech casinos or all Microgaming powered casinos.

So, if they are mostly the same below the hood, then there needs to be some kind of differentiating factor that can convince you to choose “X” online casino, and but not “Y”. In addition to the graphics, licensing and support, another method of pitching potential customers is to give them something, in this case, a bonus.

With it out of the way, the next question you’re likely to think about is: Okay now that Casino X is offering $5,000 free. Maybe I’ll join, collect my $5,000, play it out, and then head to Casino Y. Visit:-

The answer is simple as well. To claim bonuses from an online casino, you will typically have to make a deposit unless the casino specifically states that you don’t, but we’ll get to the subject later.

Before we sink into the beef of the various bonuses that are available by online casinos, there are a few additional words and phrases you should be aware of, so you can clarify them with a support representative prior to claiming a bonus just to be sure you know where you stand , and what you’re claiming.

1. Bonuses that require wagering include playthrough or wagering requirements in which you are required to play a certain amount before you can withdraw the winnings from your account. On average , the wagering requirement is generally between 15 and 40 times, but be sure to know what you must be wagering. In some instances, it could be just the bonus multiplied X. In other instances, you’ll need to bet the bonus amount plus the deposit amount multiple times. The latter is the most common.

Another thing to be aware of in regards betting requirements, that at most online casinos, if you need to withdraw funds before you’ve completed the wagering requirements, all of your winnings up to that point will be forfeited. It’s not fair, but this is reality.

2. Games that are played: Make sure you review the terms and conditions in this case. Since slots are typically the most profitable game for online casinos, the bonus offers are applicable only to slots games. Most scratch cards and keno conform to this policy.

In other instances it is possible to use your bonus in every game; however, not all games will be counted 100% toward the playthrough requirements. For instance, playing on slots will count 100% but roulette only counts 30%, meaning you’ll have to wager over three times more in order to meet the wagering requirements and also withdraw the winnings.

3. Minimum deposit requirements In most cases for you to be eligible for the bonus, you’ll be required to make the minimum deposit, which may vary. It’s generally a small amount which you will probably deposit anyway. It’s generally not more than $50.

We’re now on the same page and talking the same language, it’s high time we looked over the most common kinds of bonuses that are available at most casinos online.

1. A Match bonus is the most commonly used kind of bonus. Each time you deposit a dollar, you will be credited the amount you deposit by the casino. For example that casino Z is offering a 100% match bonus, deposit $100 and the casino will pay you an additional $100 of bonus cash. This means that actually start playing with $200. Match bonuses are usually restricted to a specific maximum amount of bonus that you are able to receive. Match bonuses are usually an additional bonus in the context of promotions (more common at US secure online casinos) and/or part of the welcome bonus

2. Welcome bonuses are typically available by the majority of, if not all casinos online to new players who sign up and deposit their first money to the site. Welcome bonus refers to all possible match bonuses you earn as a new casino player over the course of a certain time or within the first X deposits, or one of them that is, if an online casino advertises a 3000 welcome bonus, that’s the maximum you can get from the first deposit bonus as well as the second deposit bonus monthly bonus, etc. it is the case that if you deposit the full amount for every match bonus you will attain the welcome bonus offered. If you deposit less than needed for the maximum bonus amount in the various stages, you will not be able to reach the value advertised as the welcome offer. In reality, the welcome bonus you receive can be considered the MAXIMIUM amount you can get in bonus funds during the first time you play with the casinos.

3. The No Deposit Bonus is pretty straightforward. It’s a reward you get at an online gambling site which allows you to play real money games without making an investment. This is a great tool for online casinos to acquire new players as it lets them try out the casino without having to deposit money. In some countries , it is a way to resolve the “trust” issue casino players are faced with when playing online casinos. Many players who are comfortable depositing and playing at the same online casino will be nervous about trying another casino they’ve never tried. Many players won’t make a deposit without trying out the software and games therefore a no deposit bonus is definitely a benefit here. Some casinos do not offer deposit bonuses as part of their standard offer, while others stay away from such bonuses as they assert that they tend to draw the wrong kind of gamblers, i.e. players who do not have the intention of gambling with real money in the first place and that it only puts a strain on the support team with little or no benefit. I think the truth is probably somewhere in the middle and that people claim no deposits bonuses due to different reasons.

The majority of no deposit bonuses are offered for a relatively small sum typically between $10 and $15. They are either offered to potential clients directly through the casino or via websites affiliated with the casino. No deposit bonuses also have wagering requirements you need to complete before you are able to cash out your winnings, if you’ve had luck.

4. Bonuses that are play-only or sticky are those which you cannot withdraw from your account. If you’re lucky enough to have a win, and you request a withdrawal then the bonus you received will be deducted from the winnings. Let’s suppose you got an amount of $50 in sticky bonuses and was lucky enough to bring your account balance to $500. Now , you’d like cash out your winnings and party with your friends. The online casino will only allow you to withdraw $550 out of your account. The balance of $50 that is the stickiest bonus amount, will be null and void. Play-only bonuses tend to be larger than match bonuses and have lower wagering requirements.

5. Bonuses for using payment methods: This is something that was initially popular at Playtech powered casinos and has expanded to other casinos too over time. Besides depositing at an online casino using your debit or credit card, there are numerous digital options, many of which allow instant transfers of funds with no hassles and excessive costs. A lot of these payment options which are also known, provide their services to those who don’t have having a credit check. This means you can transfer money from your bank account in a discreet manner. Some even have pre-paid cards which you can purchase at a kiosk. In exchange for these other payment options you could earn an additional 10% bonus on each deposit you make in along with any additional bonus you claim. Make sure to look over the cashier section before you sign up to an online casino you’ve not played at , as this may certainly be beneficial to you.

6. Many online casinos have a VIP/Loyalty Club program where you can redeem bonuses in return for points you accumulated while playing. If you keep playing in a casino, the more points you earn and the better the rate of conversion between points and bonuses.

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