Online Casino Bonus Guide 2020This casino bonus guide has been designed to make you understand about bonuses that are offered by online casinos.
e understand that most players are confused as to why there are so many bonuses offered by casino sites and what they stand to gain.
Well, wonder no more; this online casino bonus guide will make things clear for you.
Casino Bonus Guide Breakdown
Online casinos are in constant competition. This means that they have to have great offers for them to be the most preferred. Therefore, casinos offer players bonus so as to make them comfortable with the casino. As a result, there are so many bonuses and promotions at casino websites. There are vast bonuses on offer at online casinos, which range from welcome bonuses to VIP rewards, and more.
When you claim these bonuses, it means you get extra cash or free spins to play with. That means an extended playtime for you, as well as betting with free money while winning real money. However, it’s not every bonus that you have to claim because they all come with different terms and conditions. In this casino bonus guide, we will discuss all of that.
First Deposit Casino Bonuses
As a way to welcome you to the casino, a casino will offer you this bonus. This bonus comes in the form of a match bonus and is one of the most acclaimed at betting sites.
What is a Match Bonus?
This is a bonus that stipulates that you get a percentage of your deposit amount as a deposit. This bonus is usually awarded on your first deposit. It can also be broken down into the first 3 or 5 deposits.
What players need to take note of is the fact that all bonuses come with wagering requirements attached to them. These wagering requirements must be fulfilled before you can withdraw your winnings. Therefore, you must make sure you read the fine print first before claiming any bonuses.
What is a Wagering Requirement?
It is a multiplier that stipulates how many times you must play through a bonus before you can withdraw winnings from that bonus. How a wagering requirement works is that any other winnings that you make are stored in a pending balance until you finally fulfill the wagering requirement.
Here is an example of a wagering requirement:
You may get a 100% Match Bonus up to $100 with 20x. In this instance, 20x is the wagering requirement. What that means is that if you deposit $100, the casino will give you an extra $100. Now, you will be required to wager that bonus 20x. In simpler terms, you must wager $2,000, which is $100 x 20.
Therefore, we strongly advise that you stay away from bonuses if the wagering requirements are too high as you may never be able to withdraw your winnings.
Types of Deposit Bonuses
As mentioned earlier, there are different types of bonuses that are offered by online casinos. Let’s look at them below.
This contains different bonuses that are awarded upon a certain number of deposits that are made back-to-back. Each of those bonuses comes with a wagering requirement. This package may also include some free spins, some free money, and more.
With this bonus, you can withdraw winnings from the bonus, as well as the bonus itself. You just have to meet some wagering requirements.
With this bonus, players get back a certain percentage of the cash that they would have lost while playing a certain game. The bonus can come either as a percentage of a deposit or as a percentage of the total aggregated losses. Excitingly, this bonus doesn’t carry any wagering requirements. Usually, this bonus applies to VIP players only.
Free Spins Bonus
The free spins bonus can come attached to a welcome package or a deposit bonus. It can also come as a No Deposit Sign Up Bonus. Depending on the casino and the bonus, you can get anywhere between 10 and 500 free spins. In addition, most casinos offer free spins whenever a new slot game is released.
Also, depending on the casino, you can use the free spins on any slot games that you like, or on a game specified by the casino. Just like other bonuses, it comes with wagering requirements, which must be fulfilled before you can withdraw your winnings.
Online casinos have a way of rewarding their loyal customers through VIP bonuses. All high rollers are entitled to on-going promotions and bonuses. This bonus can come as a package, containing free cash, cashback, free spins, birthday rewards, and more.
No Deposit Casino Bonuses
In order to attract new customers to sign up and wager for real money, casinos often offer this bonus. Depending on the casinos, players who sign up for the first time will get either some free spins or some free cash. To keep things professional, this bonus carries some wagering requirements and normally, it can’t be cashed out.
Free bonuses are offered to players so as to help them practice on selected games. As soon as a player registers at an online casino, they will be offered this bonus. That means players will not even need to make a deposit first before they can start enjoying their favorite games.
As you can see from this casino bonus guide, there are so many bonuses at your disposal at online casinos. You just have to make sure that you do your research before accepting any of them. That will also allow you to choose the best bonus for yourself.
Casino Bonus Guide FAQ
Do online casinos offer bonuses?
Yes, all online casinos offer players some bonuses, right from the time that they sign up. These bonuses are meant to boost your bankroll and extend your playtime.
Can I cash out bonuses from online casinos?
All bonuses carry some wagering requirements. These wagering requirements have to be fulfilled before you can withdraw your winnings. Another thing to note is that you usually can only withdraw the winnings and not the actual bonus itself.
Can I win real money while playing with a bonus?
Bonuses boost your bankroll. This means that you can play casino games for real money using your bonus. Ultimately, that means you can win real money as well.
Can I trust casino bonuses?
Yes, you can. The only thing we suggest is that you read the terms and conditions of the bonus you wish to claim. That way, you know the wagering requirements first to avoid any confusion later on.