There’s no doubt that signing up with an online casino offers some great bonuses and promotions. But what’s the catch? In order to get the most out of these offers, it’s important to understand the wagering requirements, game restrictions and other terms and conditions that apply.
In this article, we’ll take a look at some of the most popular casino bonuses and how to make the most of them.
Welcome/Sign-Up Bonus:
This is the most common type of bonus offered by online casinos. Basically, the casino will match your first deposit (up to a certain amount) with bonus cash that you can use to play the casino’s games.
For example, let’s say an online casino offers a 100% sign-up bonus up to $500. This means that if you deposit $500 into your account, the casino will give you an additional $500 in bonus cash.
However, there will usually be wagering requirements attached to this bonus. This means that you’ll need to bet a certain amount of money before you can withdraw the bonus cash from your account.
Wagering requirements can vary from casino to casino, but they typically range from 20x to 40x the bonus amount. So, in our example above, if the wagering requirements were 30x, you would need to bet a total of $15,000 ($500 x 30) before you could withdraw the $500 bonus.
Reload Bonus:
A reload bonus is similar to a sign-up bonus in that it gives you bonus cash to play with when you make a deposit. However, these bonuses are usually offered to existing players as opposed to new players.
For example, a win real money online casino for free for free might offer a 25% reload bonus up to $200. This means that if you deposit $800 into your account, you would get an additional $200 in bonus cash.
Loyalty/VIP Bonuses:
Loyalty and VIP bonuses are rewards that casinos offer to players who regularly play at their site. These bonuses can take the form of free spins, match deposit bonuses; cash back offers, and more.
VIP bonuses are usually more generous than loyalty bonuses and are often tailored specifically to each player. For example, a VIP player might get a 100% match deposit bonus up to $1,000 while a regular player would only get a 50% match deposit bonus up to $500.
To become a VIP at an online casino, you typically need to either spend a lot of money at the site or play there for a long period of time.
Conclusion:
Casino bonuses can be a great way to boost your bankroll and give yourself more money to play with. However, it’s important to understand the wagering requirements, game restrictions, and other terms and conditions that apply.