Online Casino Bonuses: A Comprehensive Guide
Online casino bonuses are offered by online casinos various types of casino bonuses to attract and retain players. However, these bonuses can often lead to misunderstandings, confusion, and stress if you don’t understand what they are. In this guide, we’ll explain the different types of bonuses and the playthrough or wagering requirements that come with them. By the end of this article, you’ll have a clear understanding of how to use bonuses to your advantage and maximize your chances of winning.
What are playthrough or wager requirements at an online casino?
Before diving into the different types of bonuses, it’s essential to understand the concept of playthrough or wagering requirements. These are the terms and conditions that dictate how much you need to wager before you can withdraw any winnings.
For example, if a casino requires you to play your deposit plus bonus 20x before cashing out, it means that you need to make $4,000 worth of bets if you deposit $100 and receive a bonus of $100. This gives you a total of $200 to play with.
Some casinos only require you to play your bonus through a certain number of times, while others exclude certain games from the playthrough requirements. It’s crucial to read the terms and conditions at each casino you join, as they can vary significantly.
Online Casino Bonuses Explained
No Deposit Bonus
- Offered by the casino to players to try out the games without a deposit requirement. It’s either bonus funds or cash. Players should be aware of claiming these types of bonuses back to back without depositing in between. This practice may deem you a bonus abuser causing the casino to restrict you from claiming future bonus offers.
Welcome/Sign Up Bonus
- Offered to newly registered online casino players. It may include a deposit match bonus where the online casino will match the player’s deposit up to a certain amount. Welcome Bonuses may also include other bonus types such as No Deposit Bonuses, Free Play, Free Spins and High Roller Bonuses.
Free Play Bonus
- A bonus offered by online casinos powered by Microgaming. Players are awarded a set amount of bonus funds and a time limit for a chance to win on pre-selected games. Wagering requirements are attached to the bonus and must be met before a capped maximum withdrawal can be made.
Free Spins Bonus
- Includes a specified number of free spins on a specific Slot Game. Winnings derived from these bonuses go into the player’s cash account.
- Offered to depositing players , where the online casino will match the player’s deposit up to a certain amount. It’s also offered as part of the online casino’s player rewards or loyalty program.
- Offered by online casinos where a percentage of the bets placed on specific days, time frames or on certain games will be credited back to the player’s casino account.
High Roller Bonus
- Offered to players who make larger deposits, with a larger match percentage. It’s important to read the terms and conditions associated with any bonus that you intend to claim. The bonus rules should outline everything from wagering requirements to deposit requirements and cashout maximums.
What You Need to Know About Online Casino Bonuses
Our online casino reviews not only give you a breakdown of a casino but also details of the types of bonuses available at that online casino. We also have pages listing all casino bonuses and promotions currently available.
In conclusion, online casino bonuses can be a great way to increase your chances of winning and make your gaming experience more enjoyable. However, it’s essential to understand the terms and conditions. Make sure to read the terms and conditions at each casino you join and choose the bonuses that suit your playing style and budget.