What are Online Casino Bonus?

  • Friday, Oct 23, 2020

Since the introduction of the web, a lot of online casinos has graced the gambling industry. This has created stiff competition among online casinos. However, online casinos operator has many ways of attracting players to their site, and casino bonuses are one of them. In this guide, we will be discussing the basics of online casino bonuses. For more information, visit https://www.newzealand-onlinecasino.org.

Types of Online Casino Bonuses

Online casino bonuses come in various forms, each with its terms and conditions. One of the common online casino bonus is the no deposit bonus. This is a type of online casino bonus that does not require you to make any deposit before you can claim it. This is the best online casino bonus that new players should be on the lookout for. Check https://www.bitcoinexchangesbyvolume.com/ to know more.

  • No deposit bonus can be offered in different ways. Some casino offers it as free spins, which you can use to play a particular slot machine. For instance, an online casino can offer you 50 free spins on Book of Dead when you register with them. Before you can claim a no deposit casino bonus, you need to register and activate your account.
  • Additionally, no deposit bonus can also come as bonus cash, which contains a certain amount of money that you can use to play free games.
  • Another form of online casino bonuses is a welcome bonus. This is otherwise called a new player bonus. As the name suggests, online casinos do welcome players with this kind of bonus when they first sign-up with them. Note that you need to make a deposit before you can claim this bonus. A welcome bonus comes in the form of a percentage, and the amount is dependent on the amount you deposit.

Additionally, online casino bonus also comes in the form of a reload bonus. A reload bonus is a promotional offer that is awarded to players who have funded their account before. This is one of the ways casino use to make players stay with them. Other online casino bonus that you will come across include preferred deposit bonus, cashback bonus, loyalty bonus, tournament bonus, etc.

Pros and Cons of Online Casino Bonuses

There are lots of benefits that come with an online casino bonus. One of the pros is that it increases your chances of winning at the casino. Also, you can win real cash with online casino bonuses without spending your own cash. Even if you don't win real cash with the bonus, it can provide a lot of fun-filled and exciting gaming experience.

As a new player, you can use online casino bonuses to learn how casino games work before playing it with your real money. However, just like every other thing, online casino bonuses also have their own disadvantage. Online casino bonuses are not completely free. It comes with terms and conditions. One of the major terms and conditions is the wagering requirement. Read further to know more.

Understanding Wagering Requirements

Wagering requirements which are sometimes called playthrough requirements is the number of times a player is required to wager the casino bonus amount before you can retract any winnings accumulated from it. You will find this requirement stated in their terms and conditions. So, we recommend that you read the casino T&Cs carefully. There are two popular and common types of wagering requirements.

  • One of these is the high wagering requirements, which usually ranges between 40x and 60x.
  • The other type is the low wagering requirement, usually between 10x and 35x.

Additionally, you should know that the higher the wagering requirement, the more difficult it is to clear. For instance, if a $40 bonus has a wagering requirement of 20x, this means that you need to have a total of $800 before you can withdraw. On the other hand, if the same $40 has a 40x wagering requirement, a total of $1600 is needed before you can withdraw.

How to find the best online casino bonus?

Due to the large variations of online casino bonuses, choosing the best one might be difficult. This section covers all the factors that you should consider when choosing an online casino bonus. One of these is the bonus amount. If you are a high-risk player, go for a casino bonus with the biggest size. But if you are not, just stick to a reasonable bonus size.

Another factor that you should consider is the maximum win. This is a limit to the amount you can withdraw from your winnings. Most importantly, check the bonus wagering requirement before accepting it. We recommend that you go for a casino bonus with a low wagering requirement. This is because casino bonuses with a low wagering requirement are easy to clear.

  • Another one that you need to consider is the validity period of a bonus. This describes the time a casino bonus will expire. We recommend that you choose a casino bonus with a long validity period.
  • Also, when choosing a casino bonus, you should check the kind of games that contributes to the wagering requirement.

How do I claim an online casino bonus?

First, choose an online casino that you prefer. After that, register with the casino and make a deposit if you want to be eligible for their welcome bonus offer. However, you can claim a no deposit bonus without depositing any of your money. To be able to claim online casino bonuses like reload bonus, loyalty bonus, and the likes, you need to continue wagering at the casino.

We want you to remember that online casino bonuses are not entirely free. They are attached to different terms and conditions. We urge you to check these conditions before you claim any online casino bonus. To check for the bonus T&Cs, check the casino site. However, if you notice that the bonus T&Cs are not transparent, we advise that you avoid such online casinos.