Today there are many advertisements for online casinos that generally provide some bonus or FREE cash for you to start playing there. Like most things on earth, nothing comes free, so before you begin claiming this free money and then getting mad that you have been scammed, I suggest you keep reading and find out how this all works.
To start with, you might ask; why do online casinos offer this “free” money?
It’s part of the advertising and differentiation strategy. In brief, online casinos are usually “skins” of a particular software supplier, so really behind the different proprietor, graphics, licensing under the bonnet, there isn’t much difference between, let us say, all Playtech powered casinos, or even all Microgaming powered ones.
So, suppose they’re mostly the same under the hood. In that case, there has to be some difference that will convince you to play “X” online casino rather than “Y.” Aside from the graphics, licensing, service, and standing, Another way to hook potential players by offering them a bonus.
The answer here is relatively simple too. To claim bonuses in an internet casino, you will often have to make a deposit unless it is stated that you don’t, but we’ll get to that later.
Before we tap into the beef of the various kinds of bonuses offered at online casinos, here are a couple of added terms and points you must know about so that you can explain them with a support representative before asserting a bonus, just so that you know where you stand and what you are claiming.
1.Betting requirements: to opt for the bonuses, it is necessary to meet specific wagering or game requirements, which means that you will need to play a certain amount before you can withdraw from winning out of the accounts. Usually between 15 to 40 times for wagering. However, listen to what you must wager. Sometimes it will be precisely the bonus instances X, and in others, you’ll have to wager the bonus + your deposit X times. The latter, very frequently prevalent.
You must be very attentive concerning wagering requirements is that. Even if you request a withdrawal in most online casinos until you’ve finished the wagering requirements, all of your winnings so far will be void. Not fair, but this is reality.
2. Games played: Make sure that you read the T&Cs in this situation.
Slots are currently the most profitable games for internet casinos. Many bonuses are generally valid for online games. Casino games like Keno match with this rule.
In other cases, you’ll be permitted to play with your bonus on all games; nevertheless, not all games will count 100% towards the playthrough requirements. For example, play slots will count 100 percent, but roulette will only trust 30%, which means you will have to wager more than three times longer to clear the wagering requirements and withdraw your winnings.
3. Minimum deposit requirement: In most circumstances, to claim a bonus, you’ll be asked to make a minimum deposit, which can vary. It’s usually a little amount that you will most likely deposit anyway. It is generally not over $50.
Now that we are speaking the same language, it is time we moved through the significant kinds of bonuses available at most online casinos.
1. A Match bonus is the most frequent sort of compensation. For every $ you deposit, you’ll be credited X percent of everything you deposited from the casino. So, if, by way of instance, casino Z is offering a 100% match bonus, deposit $100, and $100 in bonus cash by the casino. This means that you begin playing in the casino with $200. Match bonuses are nearly always confined to a particular maximum bonus amount you may claim. A game bonus can be a standalone bonus as part of a marketing (more common in US-friendly online casinos) or as part of the welcome bonus
2. A welcome bonus is usually provided by many, if not all, online casinos to players who register and make their first deposit in the casino. The welcome bonus is that the amount of all of the potential match bonuses you may collect as a new player in the casino on a particular period, or within your very first $ deposits, or a mixture of both; therefore, if a casino advertises a $3000 welcome bonus, it is, in fact, the maximum you can get together with the 1st deposit bonus, a second deposit bonus, monthly bonus, etc., where should you deposit the maximum amount of every game bonus, you can use of the welcome bonus offered. If you deposit less than necessary for the full compensation at every stage, you will not get to the total advertised in the welcome bonus. So, in actuality, the welcome bonus promoted is the MAXIMUM amount you can claim in bonus cash during your initial period of playing in the casino.
3. A No deposit bonus is self-explanatory. It is a bonus you get from an internet casino that will let you play real money games without making a deposit. This is an excellent tool for online casinos to get new players since it allows them to play for. Some countries offer increased confidence so that casino players lose the mistrust they have about online casinos. Many gamers who feel comfortable playing and depositing at a single online casino will be cautious when trying out another one they have never played at. Other players don’t wish to deposit without trying out the games and software, so that no deposit bonus can help. Some online casinos provide no deposit bonuses as part of the regular offering. Others steer away from these bonuses as they assert that they tend to attract the wrong sort of gamers, i.e., players who don’t intend to play for real cash and that it just puts a strain on the service team with no actual outcome. I believe that the truth is most likely somewhere in the middle and claims no deposit bonuses for many reasons.
Typically, $10-$15 plus they are either offered to prospective customers directly by the casino or from sites affiliated with them. No deposit bonuses have wagering requirements you want to complete before you can withdraw your winnings if you have been lucky.
4. Sticky – Play only bonuses are bonuses that you can’t withdraw from the account. If you win and ask for a withdrawal, the bonus amount you received will be deducted from your winnings. Let us say you promised a $50 sticky bonus and got blessed, bringing your account balance to $500. Now you want to draw your winnings and celebrate with friends. The online casino will only enable you to withdraw $550 from the player’s accounts, and $50(sticky bonus) will be void. Play just bonuses are usually bigger than game bonuses, and the wagering requirements lower.
5. Payment method bonus: This is originally common at Playtech powered casinos and has spread to many others through the years. Aside from depositing at an online casino with your debit or credit card, there are other digital options that offer immediate fund transfers without the associated hassle and high fees. A number of these alternative payment procedures, because they’re frequently known as providing their services to individuals with no credit check, and you can transfer cash from your bank accounts discreetly. Some are even prepaid cards you can purchase at a kiosk. You may use these payment methods, and you may obtain an additional 10-15% bonus on every deposit, along with any other bonus you assert. Make sure the origin of the cashier section before signing up to an online casino you have never played, as this is to your benefit.
6. Many casinos have a VIP club strategy where you can redeem bonuses in exchange for points while playing. Points you get will depend on the minutes of play and the greater the point-bonus conversion speed becomes.
It’s always important to look at the particular T&Cs at the internet casino you are playing or intend to play because often you won’t be permitted to withdraw the bonus amount, or the bonus amount can be redeemed off your winnings.
OK, so I’m reasonably sure you are now thinking about taking advantage of this good, so here is the flip side of this card. Online casinos are sensitive to bonus abuse, or bonus whoring, by players. Like you can be kicked out of a land-based casino for counting cards, for instance, you may even get your player’s accounts locked at an internet casino at the first feeling they have of bonus abuse. You’ll keep in mind that gaming is entertainment and is supposed to be a great time. It is not a day job, and you can’t make money at the casino. Bonuses increase the fun and excitement and are just a marketing tool at the end of the day. Claim they have fun together, improve your excitement but do not expect to log out richer.