Contrary to land-based casinos, online casino uses free incentives and promotional offers to lure players to their gambling platform. This is a due to the fact that there are is stiff competition between online casinos and each one is using all possible mean to grab a good portion of the market. These free incentives come in different forms like free spins, match up a deposit, free play and even free money. Our guide is friendly to both beginners and experienced gamblers. You will learn how to different casino bonuses work and the wagering requirements accompanying them.
What are Casino Bonuses?
Generally, a casino bonus is an offer or a deal existing between an online player and a casino. The offers are mainly designed to attract new players to the site or keep the loyal customers. The good thing about gambling online is that you can shift to where the offers are high at anytime you want. This explains how important it is for a casino to offer players different types of bonuses. Of all the bonus offers, casino operators like using the welcome bonus and reload bonus offers. In case you are new to a casino, simply click on their special bonus section to get full details of what is offered.
How do online casino bonuses work?
It is the duty of online casino operators to make their bonus offers as clear as they can. The bonuses work in a very simple way and any player can use them without many efforts. Casino bonuses especially free spins and no deposit are important to new players as they help them to test different casino games before deciding whether to use them or not. Moreover, it should be remembered that all casino bonuses have similar wagering requirements. Some bonuses like welcome and no deposit only require a player to create an account before they are rewarded.
What are the different types of casino bonuses?
Before we discuss different types of casino bonuses, it is important to know that there are two major categories, the deposit, and no deposit casino bonuses.
Deposit Casino Bonuses
In this category, the deposit match bonus is the commonly offered. This is where a casino adds a matching percentage of the deposit amount you made to your account. But players must meet specific wagering requirements before they can withdraw any winnings from the bonus. They include:
Cashable Bonus: this offer is linked to the deposit and bonus where players can withdraw once they have achieved the playthrough requirements.
Non-cashable Bonus: in this offer players cannot withdraw the bonus amount. Instead, it will be deducted from your balance once the wagering requirements have been completed.
Cashback Bonus: this is real cash money given to a player for depositing funds in the account. Some casinos use this approach in their loyalty program.
Package Bonus: this a combination of different several deposits match bonuses and it is normally accompanied by free play and free cash.
Free Spin Bonus: this offer is designed to add free spins to online slots as part of the promotion program. In some casinos, the offer comes with wagering requirements and others don’t.
Free Play Bonus: free play offers are meant to build trust between a player and the operator before real money is involved in the game.
High Roller Bonus: this is designed for high limit gamblers with huge deposits.
No Deposit Bonus
There is no doubt that many players are attracted towards these bonus offers. The bonuses are presented in form of free cash and free spins. Players must meet both the wagering requirements and the cashout requirements before withdrawing the funds.
Free Cash Bonus: this is free money given to the player by a casino but it can be used to win real money without depositing. The bonus usually comes with a playthrough requirement.
Free Spins Bonus: free spins are normally connected to specific games like video slot. They are used for promotional purposes by casinos.
What are Wagering Requirements?
Playthrough or wagering requirement differ from one casino to the next and from one game to another. Casinos use this technique to ensure that they win back their bonus money. In some casinos, you will be required to meet a requirement of between x25 and x30 before you transfer your money.