There are various types of bonuses available at the different online casinos which often lead to misunderstandings, confusion and unnecessary stress if you do not understand what they are. Here I will try to briefly explain the different types of bonuses to you. All bonuses will have a playthrough requirement before you can cash out any winnings, so make sure you know what this is and which games are allowed and which are not. Use the free online casino bonus calculator to calculate your required amount of wagers.
Here you can find a list with the best casino bonuses
What does playthrough or wager requirements mean at an online casino?
Before we get into the different types of bonuses, let me try and explain the playthrough or wagering requirements. This is the one point where most of the disagreements or confusion pops its head.
Example: You need to play your deposit plus bonus 20x before cashing out. (These numbers will vary from casino to casino)
You deposit $100 and you receive a bonus of $100 – that will give you $200 to play with. Now you must wager this $200 at least 20x before you can think about withdrawing any winnings. That means you will need to make $4000 worth of bets.
Sometimes, a casino will say that you only have to play your bonus through a certain number of times. So, with the example above; You start with $200, but $100 needs to be played through 20x, meaning you will need to make at least $2000 worth of bets to cash out.
Another thing that you need to make sure you know, is which games are allowed and which aren’t. Almost all casinos will exclude certain games from this playthrough. This means that even if you have made $10.000 worth of bets on blackjack for example, your overall playthrough still stands at zero and you will not be allowed to withdraw your money. You will also find that some casinos will allow you to play blackjack using a bonus, with a higher playthrough requirement. That would be the case when playing BlackJack only counts (let´s say) 50% towards the wagering requirements.
As you can see, that is all maths. But essential if you plan to withdraw your winnings at some point.
I cannot stress this enough – make sure you read these terms at each casino you join, because most of them will be different from each other.
A good starting point would also be our online casino bonus calculator where you can simply play with different amounts and percentages to better understand the concept of wagering requirements.
It is exciting to see how online casinos have taken over the internet by storm. It is the glitz, the glamor, and the pulsating lights of the casino games that attract players. However, it’s mostly the promotions and bonuses that make both newbies and experienced players come back more often to play.
There are several types of online casino bonuses offered by different brands all across the globe. Some casino websites provide cash as a bonus, whereas other casinos offer VIP casino programs and free spins. As a matter of fact, these facilities provided by online casinos are giving physical casino premises a run for their money.
If you want to learn more about online casino bonuses and how you can benefit from it, keep reading this post.
Free Spins
If you are new to online gambling and need some encouragement to play, there is a massive chance that online casinos will offer you free spins, which are also known as cash spins, bonus spins, extra spins, welcome spins, wager-free spins, and more.
Some free spins may have wagering requirements, which means you might have to play the bonus a couple of times before you can withdraw the money. So, you must thoroughly check whether the free spins are actually free or not, and you should also know about the slots that have free spins and even the maximum cashout limit. Check out Genesis Casino and House of Jack Casino to get exciting offers and free spins.
No Deposit Bonus
As the name depicts, the no deposit bonus does not require you to deposit anything at all. This type of bonus is provided to you when you register on the website of an online casino. With the bonus money, you can gamble for free, but the only thing you need to remember is that you are not allowed to withdraw this money.
Additionally, you will need to fulfill some wagering requirements before withdrawing the money you won through the no-deposit bonus. Furthermore, it would help if you kept in mind that the wagering requirements are way higher for online casinos no deposit bonuses than for the land-based casinos. You also have very little time to play with the free bonus money — usually a period lasting from one hour to one day. Nevertheless, it is possible to strike gold using the no-deposit bonus.
Welcome Bonus
The welcome bonus is one of the most popular online casino bonuses, which is offered when you register or sign-up for the first time with an online casino. This bonus requires you to deposit a certain amount, and only then will the bonus money be awarded to the player. Mostly, you receive an additional 100% to 200% of the welcome bonus on your first deposit.
When you are looking for the best welcome offer, do not forget to check the wagering requirement along with the maximum cashout amount. Also, bear in mind that welcome bonuses can be used for different types of online gambling games. For instance, some are used on table games, others on slots, and some can also be utilized to play the works. So always check this before accepting a welcome bonus.
Online casino bonuses are one of the things that attract new players. Casinos will use certain bonuses as a tool to draw in player to a casino and will then reward them with an amazing bonus offer. One of the most popular types of casino bonuses that are seen online is the welcome bonus. This is a great chance for player to earn free casino cash for becoming a registered player. With a welcome bonus, the deal is usually a match bonus that will award a percentage of the original deposit amount as a bonus. This offer is only available to new players who are making their first cash deposit to the site. Some casinos will offer a welcome bonus over the first few deposits so players can earn even more.
Another type of welcome bonus is the no deposit bonus. These are becoming very popular and are offered so that players can enjoy playing some of the games with no risk. A no deposit bonus is available in two formats. There is a flat rate bonus and a free play bonus. With the first type, players will receive a specific dollar amount from the casino. This is usually a small amount up to $25 or $50. Players can use this cash on any of the games supported. The free play bonus will be worth more and will require that players wager all of the bonus money in a certain amount of tome. They will then be able to keep the winnings that are generated over the original bonus amount.
While welcome bonuses are definitely very popular, there are other casino bonuses that players should look for when they are choosing an online casino. It is important for returning players to have some promotions and bonuses available at all times. Some of the most popular types of ongoing bonuses are reload bonuses, additional deposit bonuses, preferred payment bonuses and cash back deals. All of these will boost the amount in the player account and will provide them with more cash to use at the site.
Online casino bonuses may seem like a great way to get free money, but there are strict terms and conditions that apply to each bonus. Most will have wagering requirements that must be met before the player can withdraw any winnings. Players should always understand all terms of a bonus before they choose to redeem any deal in an online casino.
I cannot stress this enough – make sure you read these terms at each casino you join, because most of them will be different from each other.
