Online casinos offer bonuses to new customers (free bonus), existing customers (retention / reload bonus), and new account holders (deposit bonus). This is money that is deposited into your casino account to play with, and then you can withdraw it and get your winnings paid out.
Almost every online casino has bonuses, deals, and promotions. It helps casinos gain new customers while giving users a chance to win extra cash.
How do Casino Bonuses Work?
Getting an Online Casino Bonus Takes Two Steps:
1. To get the bonus, you must usually:
(Free Bonus, Welcome Bonus) a. Open a new casino account
b. Save money (deposit bonus)
In most cases, the bonus is automatically credited to your account, but in some cases, you may need to contact customer service.
2. To get your bonus WINS, you must also:
a. Wager the bonus and possibly deposit several times.
b. Avoid breaking other rules, like playing banned games like blackjack.
Once you’ve met these requirements, all remaining funds are in your casino account and can be requested.
Only certain games count, usually slot machines. Other games like roulette, video poker, and blackjack have less weight than slots, so you have to play 10 times as much on roulette as you do on slots. Sometimes these games don’t count at all, and you risk losing your winnings if you play them before your bonus is played through. Avail yourself of the bonus’s terms and conditions before using it on anything other than Individual slot machines are occasionally excluded.
Some casinos limit the amount you can play per game when you receive a bonus, such as 10%. Note this rule for small bonuses, like free bonuses. It’s tempting to up the game amount after a big win to get your bonus faster. But pair on: The casino may cancel your entire winnings.
Warning: high play-through requirements. If the play-through requirement on slots is over 40 times the bonus, you must be very lucky. With a 20x play-through requirement, you’re more likely to lose than win, but the wins can be several times your initial deposit. When a slot machine pays back over 96 percent, which many do, you have a statistical advantage over the casino.
You can only play the bonus for a limited time. The Gaming Act requires a minimum of 60 days. After meeting the bonus requirements, you can either withdraw your winnings or keep playing on games that are not excluded from bonuses.
If you are new to the exciting world of online gambling, you may not be aware of the new player bonuses.
These offers, also known as sign-up bonuses, are designed to attract new customers in a competitive online market. They are vital to any website’s marketing strategy.
Sign-up bonuses used to be more generous. That didn’t mean they gave more money away. Most of the time, the conditions were easier to meet. Conditions are stricter now, making it harder to make money. Don’t get us wrong, you can still do it, but it’s hard to find.
Online casinos offered sign-up bonuses with player-friendly terms and conditions, so bonus hunting was a great way to make money.
Some of these offers included 100% deposit match bonuses with no game restrictions and ten times wagering requirements. Such promotions drew a large number of players who made deposits to claim the maximum amount.
The players chose a game with a low house edge and a low wagering requirement. Consider blackjack. With such a deal, you could bet on both black and red to meet the turnover. If you do this in enough spins and avoid zero, you can easily withdraw and keep your bonus. There is no minimum amount to qualify for the offer.
Today’s terms and conditions are much stricter. Turnover requirements are much higher, limiting the contribution of low house edge games.
Even if it is difficult to make money, many online casino bonuses are still appealing. You can use a specific strategy, but the result will be difficult. While a casino bonus can be used to make money, the returns are likely to be modest.