The definitive guide to online casino bonuses
Whether you’ve been gambling online for a while or you’re a newcomer to the scene, you’ve probably noticed that many internet casinos offer bonuses to new players. In some cases, all you have to do is set up an account and make a deposit. However, some casinos even offer bonuses without deposits at all.
There are several different kinds of online casino bonuses. It helps to understand how each of them works so that you can make the most of your bonus cash.
Deposit and no deposit bonuses
The most basic type is the no deposit bonus, but it also tends to be the smallest in monetary value. Online casinos offer no deposit bonuses to convince people to sign up and gamble with them. After you create an account, you may be offered free money without having to make a deposit.
Deposit bonuses can offer much bigger payouts, but the requirements for cashing out the money also tend to be stricter (more on that below). For example, the casino may offer a 200% bonus in exchange for a $500 deposit. In other words, if you deposit $500 in your new account, they will give you an extra $1,000 to start placing bets.
Cashback, free spins, freerolls, and free bets
Some online casinos offer cashback bonuses in case you rack up sizable losses. For example, if you lose $100, and the casino offers 15% cashback, you’ll get $15 deposited back into your account for you to gamble with. Slots players may want to take advantage of free spins. Many online casinos offer free spins to reward people for signing up or promoting those who already gamble with them.
Online poker rooms sometimes offer freeroll tickets, which enter you into a tournament free. The game gives you a chance to win real money, so freeroll tickets are an excellent bonus for skilled poker players. Finally, some sports betting sites offer free bet bonuses. They may be provided to convince people to sign up or as a promotion to existing players. In most cases, casinos require free bets to be placed on a specific event or sport.
Of course, bonuses are only good if they’re for games you actually play. Some online casinos offer special promotions for certain games, so watch for those specials on your favorite games. They can be worth a decent amount of money since they’re on a game you already play.
Here’s the catch
You might be wondering how casinos can afford to hand out bonuses to convince people to play. There is always a catch for these promotions, so it’s important to understand what you have to do to qualify for the extra cash or specials.
For example, you probably won’t be able to withdraw the cash until you have used it to gamble a certain number of times. This is called the playthrough requirement. For example, let’s say you deposited $100 and received a 100% deposit bonus, bringing your cash to $200. Before you can cash out the extra $100, you’ve got to place bets with it 20 times, which means you will need to spend $2,000 gambling on the online casino before you can withdraw that extra $100.
Sometimes playthrough requirements come with additional stipulations, like limits on which games you can play to clear them. Some casinos require that the playthrough requirements be met within a certain amount of time. It’s always a good idea to read them before accepting any bonus to make sure you can meet them without too much hassle.
Other factors to consider with online casino bonuses
There are other ways to make a little extra cash to gamble with. For example, choosing a casino that accepts your native country’s currency will save you money on having to exchange funds when you deposit or withdraw from your account. It will also save you time and hassle in dealing with the online casino.
Some internet casinos also offer bonuses for certain types of deposit methods. For example, they might offer a better deal if you use PayPal, Mastercard, Visa, or bitcoin to make a deposit. You should pay attention to all the information the casino has on its website before you sign up.
If you’re signing up to take advantage of a specific bonus, it’s a good idea to check that the bonus is good on the games you want to play and has reasonable playthrough requirements. The bonus does you no good if you can’t easily keep the cash. In some cases, it might make more sense to accept a smaller bonus because it will be easier to withdraw the money. Some exceptionally high bonuses have unreasonable playthrough requirements.
How to make the most of online casino bonuses
Many online casinos choose from, and most of them offer some welcome bonus. When selecting a casino to gamble with, you should look at each one’s offerings to see which has the best deal for new players. You should also try to figure out if they run any special promotions for existing players. Sometimes it makes sense to choose a casino with a smaller welcome bonus if they run many promotions for existing players.
Remember that no two casinos are alike. Some have stellar reputations, while others treat their gamblers poorly. It’s a good idea to research the casinos you are considering before you sign up. You want to find one that not only offers the payment option you want to use but also makes it easy to withdraw your winnings. Some casinos are tight-fisted and make it difficult to withdraw money.
One red flag is if the casino offers bonuses with extremely tight restrictions that are almost impossible to meet. That could signal other problems that you will only discover if you create an account with them.
Online casinos can be a lot of fun, and the bonuses they offer only serve to enhance any time you spend on them. Now that you understand what bonuses are available, you should find a casino that will maximize your fun and winnings.
Thank you for reading!