The wonderful thing about online casinos are the promotions. They are plentiful and if you know how to use them to your advantage, you can make some decent bucks if you take advantage of them.
WHAT IS A CASINO BONUS
Online casinos offer bonuses in all shapes and forms regularly. Simply put, it is free credit for you to play with to stand a chance of winning some real money.
DIFFERENT TYPES OF CASINO BONUSES
- Welcome Bonus
Online casinos want you to try them out, hoping that you will eventually make a deposit so almost all casinos will offer you sign-up bonus. It will either be free spins or a match bonus. The free spins will automatically be credited to your account and is usually 100% free. The match bonus is when the online casino matches a percentage of the amount you deposit. So if you make a $20 deposit and the promotion is a 100% match bonus, they will credit your account with $20 extra.
- No Deposit Bonus
This bonus requires no deposit. You just need to sign up and the online casino will credit your account with a certain amount. It is great way for you to test a game or a online casino before you deposit any of your money. It usually has a wagering requirement so make sure to read the terms and conditions. However, you can strike a jackpot on these bonuses and then the casino will ask you to make a deposit before you can withdraw your winnings.
- Monthly Bonuses
The promotions don’t stop after the welcome bonuses. Online casinos reward their loyal players and offer them regular bonuses. You should sign-up to the newsletter and their social media pages to keep a eye on these offers. They come in all shapes and sizes but the more loyal you are towards them, the more offers you will receive.
- VIP and High Roller Bonuses
Some players make larger deposits so the online casinos create bonuses that is better suitable for high rollers. The good news is that the longer you play at a specific online casino, the better your chances will be to join the VIP program. This will give you access to bigger and better bonus deals. VIP’s receive fantastic freebies like free holidays, tickets to sports events as well as expensive gifts such as electronics.
READ THE TERMS AND CONDITIONS
While it might be ever so alluring to grab every bonus you can lay your hands on, it is important to read and understand the terms and conditions. Some offers are really better than others and if you don’t understand the possible pitfalls, you might end up disappointed.
- Wagering Requirements:
Almost all bonuses have wagering requirements. This means that you will need to wager through a certain amount of money before you van withdraw your winnings. For example: If the online casino offers you a $20 bonus with a wagering requirement of x10, you will need to spend $200 before you can withdraw your winnings. Wagering requirements differ from one bonus to another so make sure you know what the requirements are to avoid disappointment when cash-out time arrives.
- Withdrawal Limits
Online casinos have certain limits when it comes to withdrawals.
Amount limit: The online casino will allow you to make a maximum withdrawal in one go. For example: You will one be able to withdraw $5000 at a time.
Time Limit: This is when you will be restricted to a certain amount of withdrawals in a specific time frame. For example: You will be able to make one withdrawal every five days.
Many online casinos combine the time and amount limits which means that you will be able to withdraw a certain amount in a certain time frame. For example: You will be able to withdraw $5000 once every five days.
You can take full advantage of these fantastic offers but if you want to be a real player, you need to play responsible.