Casinos, just like any other business that sells products or provides services have one goal in mind – to get more customers and keep them loyal as time goes by. So, what do you think is the best way of doing this? Of course, various types of promotions, discounts, cashback offers, free spins, deposite bonuses, etc. And online casinos are no different. They try to attract new players with various welcome or signup bonuses, while loyal gamblers are kept happy with daily/weekly/monthly rewards, VIP clubs, special gifts, etc.
Casinos in Colorado Owned by Caesars EntertainmentIn this article, we’ll focus on online . You’ll learn more about their main types, how to claim them, wagering requirements and also what’s better – to claim a bonus or play casino games with real money. If you’re interested to find out more, stick with us until the end!
Before we move forward, we need first to define what a casino bonus actually is. It’s an incentive given by a casino operator to its existing or potential users to encourage them to either make a deposit or stay longer and play more. In most cases, bonuses come in the form of deposit matches meaning that the casino will give you let’s say $100 if you deposit the same amount of money. But things aren’t always that simple and this is where the so-called wagering requirement comes into the game. It usually looks like this – if you receive a $100 bonus, it means you must wager it 30x or a total of $3,000 before you can withdraw your bonus money or retract your original deposit along with winnings made from the bonus.
Tips To Win at Slots Online - gambleonlinecasinos.netAnother thing worth mentioning here is something called ‘‘sticky bonus’’. As you already know, after fulfilling all wagering requirements, you’re able to withdraw your initial deposit and potential winnings made from your bonus. However, a sticking bonus can be withdrawn’’ only under one condition – to show a profit. This means that even after fulfilling all wagering requirements, if you didn’t manage to win some cash using your bonus, you won’t be able to withdraw this bonus itself. As soon as you make a withdrawal request, the bonus will disappear from your account.
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Bonuses and promotions at online casinos may vary greatly depending on the casino site per se. Some operators may offer relatively small bonuses but with easy to fulfil wagering requirements, while others may promote eye-catching deals, where the bonus amount is extremely high but the WRs are harsh and close to impossible to achieve. Some of the most popular bonus types are:
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Welcome Bonus – Also known as a signup, first deposit or new player bonus, this type of promotion has the strong side to attract exactly this type of gamblers – NEWBIES. Online casinos usually entice them with really good deals like deposit matchups (as we mentioned earlier) or even packages consisting of several deposit matches. Welcome bonuses might also include additional Free Spins on selected slots. Almost every reputable casino provides such a reward for new players.
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Reload Bonus – Those of you who are already part of some online casino communities or have made several deposits at different casino sites probably heard or even received such a bonus. It represents a percentage of your deposit which is usually up to a certain amount e.g. 50% on your reload deposit up to $100. One of the best reload bonuses we’ve ever seen was when 'Euro Casino' provided its players with a lifetime reload bonus of 50% up to £5,000!!! Yes, you read it well – £5,000!
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Cashback – We bet you never thought you’ll see the word ‘‘casino” and “cashback” in the same sentence and meaning it as something good, right? Well, maybe it’s not a huge jackpot win but getting a part of your lost money back is definitely something! There are two main types of cashback offers – weekly/monthly cashbacks tracked during a specific period of time e.g. ‘‘Get 10% cashback on all slots played during Monday-Sunday’’ or ‘‘20% cashback up to $500 on all losses accumulated during the current month’’.
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No Deposit Bonus – Now, this type of promotion is something every single gambler would love to see at his favourite casino site! Simply said, it represents free money or spins that you don’t have to wage or return back to the casino. Usually, no deposit bonuses come in the form of Free Spins and they are great for exploring new , trying different slots, strategies, etc. Without risking your own funds.
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Free Spins (FS) – Probably one of the most used bonuses types, both among welcome/signup offers and regular ones. Freerolls are fantastic for exploring new slot games without taking into account their RTP rate, Volatility Index or Paylines because fact is – you don’t spend a dime of your money. Sometimes, online casinos go even one step further and lower the wagering requirements for Free Spins. Instead of the standard 30x or 40x wagering, players may need to wager their FS only 10x or not to wager them at all!
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Deposit Bonus – A deposit bonus is literally what it sounds like – an incentive received after making a deposit. As with the first deposit bonus offered to newly registered players, subsequent deposit bonuses are often a percentage of the deposit amount up to a certain maximum amount. What’s good with deposit bonuses is that they can be claimed daily, weekly or monthly.
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Match Bonus – It is a type of deposit bonus where the casino matches a percentage of your deposit. For example, a 100% match bonus means that the casino will give you a bonus equal to your deposit amount. Similarly, a 200% match bonus would provide you with a bonus twice the size of your deposit. Most commonly, match bonuses are offered as percentages of the deposit amount, up to a maximum limit. For instance, a bonus of 50% up to $100 means that you will receive a 50% bonus when you deposit up to $100. If you deposit $200, you will receive the 50% bonus only on $100.
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Sticky Bonus – Unlike the regular deposit bonus, a Sticky Bonus cannot be withdrawn. Once you meet the wagering requirements, you can keep the bonus, withdraw your original deposit, or withdraw any winnings made from the bonus funds. Typically, this type of bonus takes the form of Free Spins, but it can also be a monetary bonus.
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High Roller Bonus – High rollers are important customers, so many online casinos offer special bonuses tailored to their bigger deposits. A high roller bonus may be a higher cashback percentage, a larger bonus amount, or a VIP program with exclusive perks. These bonuses are designed to attract and retain big spenders.
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LOyalty Bonus – Loyalty programs are common at online casinos, where players earn points by betting or wagering a certain amount of money. These points can then be redeemed for bonuses, such as free spins, cashback, or vouchers. Loyalty bonuses are typically offered to regular players to reward their loyalty and encourage continued play.
Advantages and Disadvantages of Using Gambling Bonuses
As we already explained, bonuses and promotions have become an industry standard in the world of online gaming. While some gamblers prefer to play all their favourite games with a bonus, others avoid them like fire. According to our experience, there is no good or bad playing style, but rather a personal choice. Still, we’ll list some of the most obvious advantages and disadvantages of using bonuses:
Pros:
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You can win more: This is perhaps the most obvious advantage of playing with a bonus. Let's say you deposit $100 and receive an additional $100 bonus. If you win $200, you can withdraw your initial deposit of $100, the bonus amount of $100, and pocket the remaining $100 in profits.
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Larger bankroll: A bonus effectively increases your bankroll, allowing you to place bigger bets or play higher stake games. This can be particularly beneficial if you're having a streak of bad luck or playing games with a high house edge.
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Try out new games: Many bonuses come with restrictions on which games you can play. However, some bonuses allow you to play any game, giving you the opportunity to try out new games that you may not otherwise have played. This is a great way to explore the full range of games available at the casino.
Cons:
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Wagering requirements: Perhaps the biggest downside to bonuses is the wagering requirements. These requirements dictate how many times you must wager the bonus (and sometimes the deposit (known as a deposit + bonus)) before you can withdraw your winnings. Wagering requirements can range from 10x to 70x or more, making it very difficult to meet the requirements and withdraw your winnings.
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Time constraints: Many bonuses come with expiry dates, usually ranging from a few days to a few weeks. If you fail to meet the wagering requirements within the specified period, you will forfeit the bonus and any winnings made from it.
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Game weighting: Most bonuses come with restrictions on which games you can play. Some games may contribute a lesser amount towards the wagering requirements, while others may not count towards the requirements at all. This is known as game weighting and can significantly reduce your chances of meeting the wagering requirements.
How to Claim a Casino Offer?
If you decided to start playing with some sort of a promotion behind your back, below we listed the simplest steps you must take:
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Step 1 : Check the eligibility - Before claiming any bonus, make sure you are eligible to receive it. This usually means that you have to be of legal age to gamble and reside in a jurisdiction where the casino operates.
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Step 2 : Read the terms and conditions - This is crucial! The terms and conditions will outline the wagering requirements, expiry dates, game restrictions, and other important details. Make sure you understand and accept the terms before claiming the bonus.
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Step 3 : Select the bonus - Once you have read and understood the terms, select the bonus when making your deposit. This can usually be done in the cashier section of the casino website.
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Step 4 : Meet the wagering requirements - To withdraw your winnings, you will need to meet the wagering requirements. This typically involves betting the bonus and/or deposit a certain number of times (e.g. 30x).
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Step 5 : Withdraw your winnings - Once you have met the wagering requirements, you can withdraw your winnings. Make sure to check the withdrawal times and fees (if any) on the casino website.
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What Our Casino Reviews Show?
As you probably know, for the past nine years, we’ve reviewed hundreds of online casino sites and gambling bonuses were always part of our evaluation process. Based on players’ feedback and our own experience, we can say that some of the most popular bonus types are signup/welcome offers and regular/monthly/weekly promotions, deposit/reload bonuses and cashbacks. When rating casino offers, we always pay attention to the combination bonus/game, i.e. what bonuses are available for players, but also which games can be played with these promotions. Another significant factor we analyse is the wagering requirement and its value.
When it comes to casino trustworthiness, we always recommend double-checking the bonus terms and conditions, especially where wagering requirements are involved. Be careful if the casino advertises a low wagering requirement for the welcome bonus but other bonnals have much harsher requirements. Alternatively, it could indicate hidden terms and conditions or that the welcome bonus is the only fair offer on the platform. Moreover, when talking about casino transparency and reliability, the T&C should be easily accessible and understandable. Unrealistic or unclear requirements could point to questionable practices, so it’s always better to stay away from such platforms.
Green Emerald Casino Review NZ 2023 | Bonuses, Win Rate & Games - Indivisible GamingFinally, another thing that we always emphasise is responsible gambling and the importance of bonuses being a fun addition to gaming, not a compulsion. If you feel that you are unable to control your gambling habits, it may be best to opt-out of bonus offers altogether or seek help from organisations that specialise in problem gambling. Remember, gambling should be enjoyed responsibly, and bonuses should enhance your overall gaming experience, not control it.
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To reply to the initially raised question, we’ll say both ways are correct. If you decide to play with a nanocasino bonus, bear in mind that each nanocasino has different wagering requirements, minimum and maximum deposits needed in order to claim a particular offer, validity periods, etc. Before accepting a bonus, check carefully the Terms and Conditions page where you can find all information related to a specific deal. Also, make sure to play only games on which your wagers will count equally toward fulfilling WRs. On the other hand, if you decide to play with your own money, remember that no matter how cool the game looks, never invest more than you afford! Gambling always should be fun, so don’t push yourself over the limits. Start with the lowest possible deposit, play responsibly and relax while spinning the reels. No matter what option you choose, nanocasinos got you covered!
