Bonuses are at the core of any online casino, and a casino without a competitive bonus scheme is bound to be left behind. Because the first impression matters a lot, most online casinos invest heavily in welcome bonuses to keep new players coming in. This article will read everything you need to know about casino bonuses, especially welcome bonuses. Follow our guest specialist, Nina Olsendburg, for the latest news on the issue.
It’s Raining Money!
Well, that would be an overstatement, of course. Still, every online casino will promise you some kind of bonus. For instance, in countries like Norway, online casino advertisements are quite restricted. So, bonuses are pretty much the only marketing weapon for many platforms. Besides, there’s nothing more eye-grabbing than “free cash.” Luckily, there are websites where the best oddsbonus 2022 can be filtered.
Yet, there’s no free lunch, and a welcome bonus, no matter how enticing, is never “free money,” unless it’s a “no deposit” bonus. More on that later. Indeed, a welcome bonus typically comes with quite a few strings attached, so it’s vital to always check T&C. Here are some things you should pay attention to before adhering to a new casino.
Every online casino bonus comes with wagering requirements or rollover requirements. Yet, this information is even more important in the first offer. Welcome offers are usually of the deposit-match kind. Here, your bonus is proportional to your first deposit. Most online casinos offer a 100% bonus on the first deposit.
So, let’s say you make a 50 bucks deposit and get another 50 in bonus. Yet, this offer comes with a wagering requirement of 30x. It means you’ll need to bet 30 times your bonus (30 x 50 =1,500) before being allowed to cash out any winnings from it. So, the higher the wagering requirement, the more difficult it will be to see your money back.
Here’s another commonly overlooked detail when the issue is bonuses in online casinos. Not every game will count the same towards your wagering requirement. Games like slots and craps contribute much more than games like poker and blackjack. While games of sheer luck contribute with 100% of your bets, games of skill won’t contribute with more than 20% in most cases.
Some offers require you to make deposits via specific payment methods. Failing to meet this requirement will turn ineligible for that offer. So, always pay attention to whether your preferred payment method suits the task.
Limits and Timeframes
Some online casinos will also demand you spend your bonus within a specific timeframe. Spoiler: it’s almost always a short one. This requirement mostly applies to free spins, which can come as a package, or a standalone offer. Typically, the T&C sets a betting limit per day and a deadline to use the exclusive bonus. There can also be limitations on winnings made from such bonuses in some cases.
Gifts For Every Taste
Welcome packages aren’t always about money only. Many come with free spins, live casino bonuses, and other perks. Yet, there’s another type of welcome offer, which gets close to free cash. We’re talking about no deposit bonuses. These offers are much smaller than regular ones, rarely going above 20 bucks. Still, it’s a chance to try an online casino at its best without spending a dime.
Once you’re in, the best online casinos will shower you with even more bonuses. Here are some of the main ones.
Reload bonuses are smaller versions of the welcome offer. It’s also a deposit-match offer, although it usually awards smaller percentages. It’s often a weekly bonus aimed at keeping players feeding their bankrolls.
Here, you’ll get to recover part of your funds. Cashback offers to return part of the money you lost over some time.
Free spins are among the most common offers. Every online casino has tons of slot titles, and FS can come at any moment.
Knowledge Is Power
Now that you know how online casino bonuses work, you’re ready to make the best of every situation. Read the T&C carefully so that you don’t miss any opportunity and can plan the best way of spending your bonus. Check every aspect mentioned in the first part of this article to ensure a no-surprises, fun time.