August 12, 2020

Online Casino Bonuses 101

You might have perhaps seen that most online casinos advertisements usually offer some sort of bonus or FREE money to get you to start playing there. Like most things in the world, nothing really comes free, so before you begin claiming this free money then getting upset that you’ve been scammed, I suggest you keep reading and see how this all works.

First of all, you may request; why do online casinos also offer this “free” money?

It can part of their marketing and differentiation strategy. In a nutshell, online casinos are generally “skins” of a specific software provider, so actually behind the different owner, images, licensing etc under the bonnet there is certainly not much difference between let’s say all Playtech powered casinos, or most Microgaming powered ones.

So , if they are mostly the same below the cover, there needs to be some sort of difference which will convince you to play at “X” online casino and not “Y”. Besides the graphics, licensing, support and reputation, another way to pitch to potential players is definitely by giving them something, in this case, a bonus.

Having put that out of the way, the next question you might ask yourself is: OK, so Casino X is offering $5, 000 free, maybe I’ll sign up, consider my $5, 000, play all of them out and go on to Casino Y.

The answer here is pretty simple too. In order to claim bonuses at at an online casino, you will usually need to make a deposit, unless it’s specifically mentioned that you don’t, but we’ll get to that will later.

Before we sink into the beef of the different types of bonuses offered by online casinos, here are a few extra conditions and points you should be aware of, so you can clarify them with a support representative prior to claiming a bonus, just so you know where you stand and what you’re claiming.

1 ) Wagering requirements: Most bonuses have got wagering or playthrough requirements, which means that you need to play a certain amount before you can withdraw winning from your account. On average gambling requirements are usually between 15 to 40 times, however pay attention to what you are required to wager. In some cases it will be just the bonus times X and in other people you will need to wager the bonus + your deposit amount X occasions. The latter by the way is more common.

One more tidbit you should pay attention to with regards to wagering requirements is, that at most on the web casinos, if you request a withdrawal before you have completed the gambling requirements, all your winnings to date is going to be void. Not really fair, but this really is reality.

2 . Games played: Make sure you read the T&Cs in this case. Because slots games are generally the most profitable video games for online casinos, many bonuses tend to be valid only for slots video games. Usually scratch cards and keno will comply with this rule.

Consist of cases, you will be allowed to play your own bonus on all games; nevertheless not all games will count 100 % towards the playthrough requirements. For example play on slots will count 100% but roulette will only count 30%, meaning that you will actually need to wager over three times more in order to clean the wagering requirements and pull away your winnings.

3. Minimum deposit requirement: In most cases, in order to claim an added bonus you will be required to make a minimum down payment, which again can vary. It’s usually a small amount which you will probably deposit anyway. It’s usually not over fifty dollars.

Now that we’re all on the same page plus speaking the same language, it’s time we went through the main types of bonus deals available at most online casinos.

1 . A Match bonus is the most typical type of bonus. For every $ you deposit, you will be credited X% of what you deposited by the casino. Therefore , if, for example , casino Z is offering a 100% match bonus, down payment $100 and the casino will give you an extra $100 in bonus money. Which means that actually start playing at the internet casino with $200. Match bonuses are almost always limited to a certain maximum bonus quantity you can claim. A match reward can be a standalone bonus as part of a promotion (more common at US pleasant online casinos) and/or as part of the delightful bonus

2 . A welcome reward is generally offered by most, if not most, online casinos to new gamers who sign up and make their own first deposit at the casino. The particular welcome bonus is the sum of all the possible match bonuses you can gather as a new player at the internet casino over a specific period of time, or within your first X deposits, or a mixture of the two; so if a casino promotes a $3000 welcome bonus, is in reality the maximum you can get with the 1st down payment bonus, second deposit bonus, monthly bonus etc, where if you down payment the maximum amount of each match bonus, you are able to reach the advertised welcome bonus.
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If you deposit less than needed for the maximum bonus in each stage, you won’t reach the amount advertised in the delightful bonus. So , in fact , the pleasant bonus advertised is the MAXIMIUM quantity you can claim in bonus money during your first period of playing at the casino.

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