Casino bonuses are a primary tool used by online gaming sites to attract new players and retain existing ones. However, not all bonuses are created equal. Knowing the bonus types and their associated conditions helps you get the most benefit.
Types of Casino Bonuses
The most common type of promotion is the Welcome Bonus, also known as a sign-up bonus. Typically, this bonus will match your initial deposit by a certain percentage, like 100% up to a specific amount.
The No Deposit Bonus is also a highly sought-after promotion. As the name suggests, you receive this bonus simply for creating an account. This allows you to test the casino's offerings without any financial commitment.
The Importance of Wagering Requirements
Perhaps the most crucial aspect of any casino bonus is the wagering requirement. It dictates how many times the bonus funds must be wagered prior to cashing out. A $10 bonus with a 30x playthrough means $300 in total wagers are required.
Bonus Terms at a Glance
Aspect Description
Playthrough The total betting volume required.
Game Contribution Not all games count 100% towards the requirement.
Maximum Wager The highest amount you can bet per spin/hand with bonus funds.
Expiry Date The deadline for casino completing the playthrough.
Make it a habit to scrutinize the bonus rules before you opt-in. A bonus with low wagering requirements is often more valuable than a larger bonus with high ones.