Bonuses are one of the main differences between online casinos and your traditional land-based casinos, apart from the virtual playing format. Unlike land-based casinos, where players can only enjoy perks while playing in or returning to a casino, in online casinos even those who try out the casino for the first time can get treated with some rewards.
However, as nice as these incentives are, they can also be confusing to many people who are new to the online casino scene because all bonus offers come with a specific set of terms that kick in once you accept the bonus offer. While they may be unfamiliar at first, they are usually not difficult to comprehend once you learn more about them.
In simple terms, any bonus you can find online will be focused on giving you more chances to test out the casino, enjoy its games, and potentially win some money. It is critical that you examine the bonuses and understand precisely what is being offered and how it works.
There are many various kinds of bonus offers or promotions offered online, and most will fall under one or more of the following categories:
Depending on the casino, you might get some or all types of these promotions. Some are given as part of a “welcome bonus” when you first join a casino, and some may be regular promotions aimed at all players. The most common ones are deposit and no deposit bonuses, which are explained in more detail below.
The casino no-deposit bonus is one of the most popular types of bonuses sought by online players, merely because it can be claimed without spending any money. In general, there are two types of no-deposit bonuses you can find at today’s online casinos:
The deposit bonus, on the other hand, is mostly a financial bonus that is typically tied to a portion of your deposit. The amount will usually be stated as a percentage of your deposit, the most common being 100%. Thus, if you make a £10 deposit for a 100% bonus, you’ll get £10 as a bonus and so on.
However, whether you need to make a deposit or not is not the only difference between both bonus types. Apart from this clear distinction, the two bonuses also differ in the terms and conditions they come attached with. As a rule of thumb, a no-deposit bonus will have stricter terms, since it’s basically a free casino bonus, while deposit bonuses will have lighter terms and conditions.
Even though bonuses appear to be “free money” offers, they are actually far from it. Whatever the bonus type, nearly every online casino will apply a specific set of terms that you have to meet to be able to claim the winnings made with your bonus.
The most common term is the wagering requirements, which specify how many times you have to wager your bonus + deposit money (for deposit bonuses) before you can withdraw any winnings made with that money. So, for example, if you made a £10 deposit and you received a £10 bonus with 35x wagering requirements, you’ll have to wager £700 of bets before you can withdraw winnings made with that bonus money. And the rules don’t stop there.
Casinos also enforce game contribution rules, which state what percentages of any bets you make will count towards meeting those bonus terms, depending on the game. Slots, for example, have a 100% contribution, so every £1 you spend on them will be counted as £1. Games like Poker and Roulette, on the other hand, have much lower percentages (20% and up).
And finally, most casinos impose a limit on the time you are given to meet those bonus terms as well as a cap on your winnings. The exact limits will depend on the casino itself, which is why it’s crucial you always read the bonus terms before accepting any offers.
If you want to make the most of your no deposit bonus, or even your deposit bonus, there are certain practical tips you have to stick to, including:
By educating yourself on casino bonuses and the perks that you can get when signing up or playing frequently, you may be able to score some additional spins or financial incentives for playing the games you love. For the best bonuses and top-notch online gameplay, turn to the professionals at Ultimate Casino Gamelab.