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Why Do Casinos Provide Bonuses?
Casino bonuses are common and there are so many kinds of them. Some sites offer the ability to claim the bonus every single day, but why do online casinos provide bonuses at all?
A bonus is like a motivation for players to deposit and keep playing. That`s not a gift from casino, so while you can win a lot of money with your bonuses, many people don’t, and the casino will make money in the long run.
Is it worth it to take advantage of bonus offers? Definitely. If you’re going to deposit to play for real money, you might as well take advantage of the best online casino bonuses available. It increases your chances of winning real money by allowing you to play with house money. It’s a reasonable trade-off.
Bonuses are offered by online casinos to gain new clients and maintain existing ones. It’s also a “win-win” situation for online gamblers because more playtime and bets equals more money. Thus, practically all online casinos offer some kind of welcome bonus, and the most common one is a match deposit bonus, which means that players get double the money they deposit after first joining a casino. Also, there are loyalty bonuses that are meant to reward long-time casino players. Such type of bonus is usually given when members reach specific milestones playing their favorite slots or table games.
How Does Wagering Requirement Work?
Wagering requirements relate to the amount of money that must be wagered before bonus cash may be converted to real money.
They generally range between 20x and 50x the amount of your original deposit and/or bonus cash. So if you’re a casual gambler, having lower wagering requirements might make a huge difference. For example: if a player gets a $50 casino bonus with a 20x wagering requirement, it means he has to spend $1,000 on eligible games to be able to withdraw his winnings. By completing the wagering requirements, the gambler can convert their bonus into real cash. If he does not meet these requirements, the bonus credits are not converted into real money, and therefore the user will not be able to withdraw them.
By law, every online gambling platform offering bonuses must display the terms and conditions related to these bonuses. The player should find the wagering requirements and other necessary information in those terms and conditions.
There is a legitimate explanation for wagering requirements. Every online casino must comply with anti-money laundering regulations. If they did not have any wagering requirements, fraudsters could easily clean their illegal funds by depositing and withdrawing straightaway.
Best Casino Bonuses and Offers
When it comes to choosing the right online casinos, it’s necessary to make sure you’ll not only be able to play the games you want while having quality service, but also that you’ll be able to take advantage of the best casino bonuses for your wallet and gameplay.
One of the hugest benefits of playing online casinos over land-based casinos is the wide range of top casino bonuses available. Look for brands that offer multiple sign-up bonuses, such as free spins and a no deposit bonus, or deposit casino bonuses over multiple deposits.
Types of Online Casino Bonuses
There are many different types of casino bonuses. We’ve listed down the most popular casino bonuses so you can figure out which ones are the best for you as an online gambler.
Welcome bonus Received when registering with a casino, mostly requires the deposit. | Free spins Free rounds to play specific slot games. | Deposit bonus To claim it, you must make a payment. Your bonus will be proportional to your deposit. |
No deposit bonus Doesn’t require payment to claim it. | Match bonus When you deposit money, the casino will match it up to a particular percentage. | Fixed cash A lump chunk of bonus money, common for deposit and no deposit offers. |
Cashback offers A method of ensuring that you do not lose your entire deposit. | Reload bonuses Received when adding money to your casino account. | High Roller Bonuses Big players get bonuses for making regular large deposits. |
Casino Bonus Terms & Conditions
We`ve listed the most popular bonus terms and conditions below. Learn them so you’ll know exactly what you’re getting into when you claim a bonus.
- Wagering Requirements
The number of times your bonus must be played through before you can take your earnings. If you have a $20 bonus with 20x wagering requirements, you need to stake a total of $4000. - Wagering Contributions
If a bonus is available on all games, it is possible that not all of them will fulfill the bonus in the same way. - Sticky bonus
It`s cashable. - Non-sticky bonus
You can`t cash it, but opposite to sticky bonus, it`s a load off the wagering requirements. - Time Limits
Your bonus will expire after a certain period of time. - Betting Limits
Limits of the number of individual bets, you can make with your bonus. - Max Cashout
Especially for no deposit offers, casinos will impose a max cashout on your bonus (you may win $100, but could cash only $50).
What Is the Best Payment Method for Casino Bonuses?
It’s always a good idea to consider which deposit method you’ll use when joining a casino. You should think about which payment method is the best for your needs, as well as the types of bonuses you want to claim.
Some deposit methods are ideal for cashing out large casino bonuses. Others may be better suited to you if you prefer smaller deals. It`s better to have a few payment methods handy, so you will be able to deposit with one option and withdraw with another.
E-Wallets Maybe the easiest method to make gambling payments. E-wallets support both depositing and withdrawing, but they are often dropout from bonus deals. | Credit and Debit Cards Online casinos may allow you to deposit with credit or debit card, but you will not always be able to withdraw by the same payment method. They are also popular for claiming deposit bonuses. Actually, some issuing banks will object to processing this kind of payment with their cards. |
Pay by Phone This option allows you to make deposits with your mobile bill. Although they`re handy for claiming small bonuses, you won`t be able to claim bigger, or withdraw using pay-by-phone services. | Money Transfer Check your bank’s gambling policy before claiming bonuses. For online casino payments, money transfer is a popular and trusted option. You provide for classic wire transfers and online payments. | Cryptocurrency It became much easier nowadays to make online transactions by this method, especially in online gambling. Not every bonus can be claimed by cryptocurrency, by the way, you will need to find exclusive offers (e.g. for Bitcoin). This is a popular payment method for high-stakes games. |
Timeline of Casino Bonuses
While some casinos begin and end their bonus offerings with the welcome package, good online casino sites will have a large selection of bonuses to choose from.
You may be able to claim a new bonus every day on some websites. While you don’t have to do it if you don’t want to, having so many options means you can quickly select your favorite bonuses when you do need some extra cash.
A good online casino will provide such a timeline:
Welcome Casino Bonus After your signup with the chosen online casino, you will get a welcome bonus. The most common of them are free spins. | Bonus for First Deposit You can also claim a special bonus after you make your first deposit. This is normally a match bonus; however, free spins can also be included. |
More of the Welcome Bonuses It may happen you join the casino, which will extend your welcome bonus package till 4th or even 5th deposit. | Weekly Offers These kinds of offers could happen eventually, on specific days of the week. Free spins, cashback, reload or mobile bonuses are among the prizes available on a weekly basis. |
Competitions This is a regular practice in online casinos. The tournaments give you a chance to climb the scoreboard and cut a prize depending on your rank. To participate, you must first make a deposit and then play regularly during the competition. | Email Subscriber Offers A lot of online casinos give you a chance to receive special bonuses, due to the email programs. You can subscribe at any time, but we recommend doing so as soon as possible so that you don’t miss out on any great offers. |
Seasonal Deals Due to the name, this offer happens around a special time of the year, like Christmas or St. Patrick`s Day. The prizes during this time are usually quite exciting! | Special VIP Programs Loyalty programs can be so different, but apply the same rule – the size of your prize depends on how many you deposit and how often you play. Joining the VIP program can be your gateway to exclusive offers and big bonuses. |
Casino Bonus Codes: What and Where
Bonus codes have already been discussed here a few times. But what exactly are they, and where do you look for them?
To take advantage of certain casino promotions, bonus codes may be required. If this is the case, we’ll usually send you the code along with instructions on when and how to use it.
These codes could also be found on the casino’s homepage, where the offer is promoted. We make every effort to provide our users with the most up-to-date casino bonus codes.
Codes are generally brief word-and-number combinations that are often connected to the bonus type.
Depending on the type of offer, you will be requested to enter your bonus code either when you register your account or when you make payment.
Online Casino Bonus: FAQs
How do I claim casino bonuses?
The method for receiving each bonus differs from one casino to another. For example, you may be eligible for a no deposit bonus simply by joining, but in another casino, a bonus code may be required.
Are online casino bonuses just for new players?
Existing members of most gaming sites can take advantage of a variety of casino bonuses. Weekly reload bonuses and free spins are frequently available. Loyalty programs are available to those who deposit on a regular basis.
What is an online casino bonus?
An online casino bonus is a bonus offered by a gaming website to its customers. In addition to whatever cash you may have deposited into your account, these bonuses give you additional money that you may use to play casino games.
What are casino codes?
Bonus codes are a combination of letters and numbers that certain casinos use to determine which promotion you want to participate in. Most casinos have their own set of codes; however, some don’t use them at all. We will make sure to supply you with a code if you need one to sign up for a bonus.
What games may I play with my bonus?
The games you can play with your bonus will vary based on the offer you choose. Although, some promotions, such as welcome bonuses, will specify which games you can play with your bonus. It’s advisable to read the terms and conditions to see which games you’re allowed to play while collecting your bonus. Table games such as roulette, blackjack, and craps are related to this.
Do I have to accept a casino bonus?
You always have the option of declining a bonus when a casino offers it to you. If you’d rather play games that aren’t allowed on the offer, or if you don’t think you’ll be able to fulfill the free bets, you can decline the bonus.
How can I make sure the casino bonus is not a scam?
Following a few simple procedures is the easiest way to avoid casino scams. To keep secure, always sign up with trustworthy casinos, read the terms and conditions carefully, and check out our rated sites and bonuses.
Are online casino bonuses worth it?
Absolutely, why not? We want you to have the finest gaming experience possible, and the more value you get out of your online casino, the more fun you will have. The bonus will be worthwhile no matter which casino you choose. Check with us first if you’re looking for the best online casino bonuses available.
What casino games can I use them for?
When you agree to claim a bonus, this will be mentioned. All, or nearly all, online casinos offer bonuses that are specifically targeted to the needs of its customers. That means you can win extra cash while playing casino games like blackjack, baccarat, roulette, slots, poker, and video poker.
Is it true that the big bonuses are always the best?
No, not necessarily. They may appear spectacular, but they may require a larger outlay from your pocket in order to receive the bonus. Make sure you read the fine print and understand how each offer works.
Is it possible to cash out my casino bonus?
Yes, but not always. Again, it is largely dependent on the websites you visit and the types of bonuses you are attempting to claim. Some sites let you deposit a particular amount of real money before withdrawing, while others require you to collect all wins minus the bonus.