Online Casino Bonuses

Online casinos offer bonuses to players with the aim of attracting them to the casino or keeping them as members. However, bonuses are not free funds to take home.

They are only given when the player meets certain conditions. Also, players must use the bonuses for wagering at the casino.

Usually, they are only allowed to take home the winnings that come from wagering the bonuses. To fully understand their obligations in relation to a bonus, players should read the bonus terms and conditions. Some of the popular bonuses are discussed below.

Wagering Requirements

 All bonuses have a wagering requirement, also known as a play through. The deposit and bonus must be wagered multiple times before the player can withdraw the deposit and winnings. Suppose a $100 deposit gives a 100% bonus of $100 with a wagering requirement of 20. Then the player must wager $4,000 before making a withdrawal. Some online casinos only implement wagering requirements on the bonus, but set larger wagering requirements. Usually wagering requirements for some game categories like slots have to be met. When other games like blackjack and video poker are allowed, the requirements expand.

Loyalty Rewards Bonuses

 Loyalty Rewards Bonuses are offered to players to stay loyal to the online casino. The more loyal the player is, the more attractive the bonus offered is. Online casinos judge the loyalty of players based on the amounts they wagered in a given period of time. Players are then grouped into VIP levels based on their bets. Players in the highest VIP level get the most attractive bonuses. This can be a bonus that is a larger percentage of the deposit made, or a bonus with a higher cap or bonuses that are offered more frequently.

No Deposit Bonuses

 Some casinos offer bonuses that do not require the player to make a deposit. Hence, these bonuses are called no deposit bonuses. They are usually given to new players who are registering at the online casino for the first time. The no deposit welcome bonus is a small amount given to players to try out the games without having to invest their money. If you decide to stay at the casino you can withdraw the winnings from the bonus. Some casinos offer no deposit bonuses in the form of free spins for a certain number of credits. Players can keep the winnings.

Match Bonus

Match bonuses are so called because the player must first make a deposit and then the online casino offers a matching bonus. Two parameters are given with a match bonus. The first parameter is the percentage of the deposit that will be given as a bonus. And the second parameter is the upper limit of the offered bonus. There are two types of match bonuses. New players who register at the online casino for the first time receive a welcome bonus. This is only possible on the first or first deposits. Regular players receive reload match bonuses. These are offered weekly or monthly.