Online casino bonuses can boost your bankroll and provide entertainment at the same time. When you play at an online casino, it is easy to get carried away and wager more than you can afford to lose. That is why casinos offer bonuses to new players, hoping that they will stick around long enough to wager enough to pay off their initial deposits. While a casino may have different payment terms for its players, bonuses are typically subject to the same guidelines as bonuses offered in brick-and-mortar casinos.
Online Casino Bonuses are credited to your account immediately upon deposit
Online casinos all offer the very same basic welcome bonuses but there are usually quite large differences when you analyze the fine print. Most all welcome bonuses fall under one of three groups: deposit bonuses, match bonuses, or welcome bonuses that require a deposit. In this article, we will discuss the differences between these three bonuses.
Deposit bonuses are those awarded to you just for wagering a certain amount of money on one of your transactions. All casinos will allow you to cash out your winnings, whether you win or lose, so long as you meet their wagering requirements. Some casinos have even gone so far as to require that you meet their withdrawal requirements before you can cash out the winnings from your bonus credits.
Match bonuses require players to wager a minimum amount to be entitled to a certain number of free winnings. Some online casinos only offer these bonuses during specific times of the week, such as a casino's main weekend hours. Players are usually compensated for these match bonuses with points that can then be exchanged for gift cards, merchandise, or other forms of prizes. While not everyone who plays often receives a match bonus, it can be useful for players who only play occasionally, but who like to get free merchandise.
Welcome Online Casino Bonuses are the easiest to understand and implement
They usually award you a bonus point for depositing a new account, but they do not require you to pay out any winnings until you have withdrawn a certain amount from your online bank account or given the game-winner a certain amount of free playtime. The amount of free playtime is typically determined by the payout schedule for the particular table games you choose to play. These welcome bonuses are good for most players, but they should be used in moderation.
You can also find a variety of online casinos that offer referral bonus offers. As the name implies, these offers reward your friends and family for making referrals to your casino. In return, the referrals earn you bonuses, free playtime, or other types of benefits. These online casinos may require that the referrals meet a set amount of referrals before benefiting from the offer.
There are several different types of casino bonuses available. Many of them are based on a points system, where you earn a certain number of bonus points based on the amount of money you wager. Some have daily, weekly, monthly, or even yearly bonuses. Some sites offer match bonuses, which means if you make a deposit, the casino will match your deposit bonuses to your balance. Match bonuses can sometimes be used to cash out and other times as a form of free play.
You can often take advantage of promotions for these free casino bonuses. Many sites will run special promotions that include different types of bonuses for people who sign up through their website. There is usually an application process, but after you fill it out, you will then be ready to get the bonus points that you earned. Make sure to use the online casino websites that offer these different types of bonuses so that you will be able to take full advantage of the promotion. After all, it is your money that you are trying to win.