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Online casino bonuses

casino bonus

Everyone loves casino bonuses. They seem beneficial for both sides: for the casinos that give them out and for the gamblers who are always on the hunt for the best offers.

Although casino bonuses sound like an absolute advantage (they do give the newcomers a head start and help seasoned gamblers find something new), there are two details to be aware of:

  • different kinds of casino bonuses will suit different players and different situations better than the others;
  • every casino bonus comes with terms and conditions that players can’t violate if they want to get their winnings.

Players who never claimed a casino bonus before are likely to imagine the whole process to go differently from what happens in reality, especially after reading casino bonus guides or theme forums online. Some people believe that receiving a no deposit bonus guarantees a free jackpot, the others think that whatever amount they win with free spins goes straight to their real-money account. Unfortunately, both these ideas are nothing more than unrealistic perceptions of how casino bonus systems work.

Bonus terms and conditions

As we’ve already said, all the casino bonuses have ‘strings’ attached to them. Before claiming any special offer, check if you understand what conditions they imply.

  • Wagering requirement – a coefficient that shows how many times a deposit match-up bonus, no deposit bonus or winnings from free spins have to be played through (wagered).

Example №1. You’ve got a 50$ bonus with a wagering requirement = 25x. You will have to play through the amount of $50×25=$1250. Only after you’ve done it, can you withdraw the winnings.

Example №2. You received 50 free spins with a wagering requirement = 30x. After using them all up, you’ve won $20. You can’t withdraw it: first, you need to satisfy the wagering requirement and play through the amount of $20×30=$600.

  • Banking method limitations – some deposit bonuses can be claimed only if a player uses a certain payment method (cryptocurrency, Neteller, Skrill, Visa, etc.)
  • Minimum deposit – the amount that a player has to deposit to be eligible for claiming a bonus.
  • Bonus expiration date – no bonus lasts forever: they are valid for a certain period of time.
  • Minimum and maximum cash-out limits – a casino may establish how much players can withdraw per 1 transaction/a week/a month.

Types of casino bonuses

bonuses online slots

We will list the most popular kinds of casino bonuses and give a brief explanation of their differences.

  1. Free spins.

The most popular bonus that gives gamblers a chance to spin pokie reels without paying for it. Casinos use any possibility to give out free spins: players receive them upon registration, as a weekly or monthly encouragement to play longer or as a stimulus to try out a new pokie on the platform.

Online casinos tend to give out from 20 to 40 free spins, but sometimes their number reaches hundreds. As a rule, there will be a list of games (from 1 to 10 titles) where free spins can be applied, which means players can’t choose whatever pokie they want to play for free.

The important thing here to remember is that all the winnings a player gets after using up bonus free spins are not real cash ready for withdrawal. These are casino credits subject to play-though.

This bonus will suit pokie lovers and beginners best. It’s not so much about winning big as about getting to know slots and enjoying the game.

  1. Deposit (match) bonus.

The bonus is given after a player makes a deposit, first, second or tenth. A casino will usually tell you how much to deposit at minimum (a minimum deposit requirement) and how they will match this amount. For example, deposit at least $20 and get a 200% match-up bonus up to $500. It will mean that the casino will reward you with $40, and after making your $20 deposit, you will have $60 in your casino wallet to spend. At the same time, it implies that even if you deposit $300, the match-up bonus will not exceed $500.

Online casinos may also offer free spins as a deposit bonus.

In addition to the stated minimum deposit amount, there will be a wagering requirement, which will determine how much to play through before the casino credits turn into real cash.

The bonus might work best for new players. It is most often found in welcome promos and packages.

  1. No deposit bonus.

No deposit bonuses are casino credits or free spins that online platforms give players without asking to make a deposit in return. Obviously, these promos are the most desired casino bonuses in the gambling community. Gamblers regularly get a chance to claim a promo like that upon signing up with a new online casino.

The offer looks too good to be true: players hope to receive free spins and free ‘money’ with no strings attached, but it is not always the case. No deposit bonuses are like ‘golden hellos’ of the gambling world. That’s why they come with terms and conditions that are harder to satisfy: they might have more demanding wager requirements and tighter deadlines than deposit bonuses. Plus, no deposit bonuses don’t apply to progressive slots – the pokies that occasionally shower gamblers with millions of dollars and hit the news. But if you are lucky enough (‘lucky’ must be your second name, to be honest), you can still hit the maximum payout.

  1. Welcome bonuses.

Any special offer or promotion given to a player after they register or verify their account. Depending on the casino, it may be free spins, no deposit bonuses, deposit match-ups, or a combination of them.

  1. No wager/no maximum cashout/no rules bonuses.

New online casinos do get into these risky offers from time to time.

No wager bonuses guarantee that all the winnings that players get while using their free spins or casino credits are not subject to later play-through. They go straight to the real-money account and are ready for withdrawal.

No maximum cash-out bonuses don’t limit gamblers in their withdrawals: the casino pays out as much as they win.

Bonuses with no rules combine the two features mentioned above.

The fact that this kind of bonus is more than rare doesn’t need an explanation, we hope. If you happen to stumble upon it, make sure the casino is legitimate.

  1. Reload bonus.

Online casinos use these bonuses to maintain the interest in their existing players. As soon as they ‘reload’ their account with more cash, the platform may reward an encouraging match-up or free spins.

  1. VIP and loyalty program bonuses.
vip casinos

VIP or loyalty programs are whole separate systems. They may include all kinds of bonuses but with more advantageous terms and conditions: lower minimum deposits or wagers, fewer limits overall.

To join the program a gambler has to be a regular player for some time, and their deposits have to reach a certain amount.

  1. Bitcoin bonuses.

Online casinos motivate those who choose alternative payment methods to do it as often as possible. Cryptocurrency deposits get matched up generously or don’t have withdrawal limits. 

  1. Cashback. 

No one likes losing, even if you are just gambling for fun. Some platforms out there try to cheer up their players and pay back a percentage of the money they’ve lost while gambling online.

When you decide to claim a bonus and hope for an absolute freebie, remember that all the coins have two sides. Always double-check the casino license information and customer feedback if you want all the bonuses to work out smoothly and fairly. Dealing with rigged platforms is the worst that can happen to an online gambler: it will lead to nothing but a waste of time and money.

Stay cool, always read terms and conditions before making real-money deposits, and gamble responsibly.