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Imagine walking in a land-based casino, giving the dealer $200 just for him to give you back $400 to wager with. Sounds preposterous, right? In the online gambling world, these casino bonuses are one of the main ways gambling houses attract new players to their platforms, and it works in the same way like I’ve said it just now. You get a free money bonus that matches up to your deposit amount up to a certain amount. But as good as this may sound, you and I both realize that nothing comes for free and that you would need to work to unlock and cash out these bonuses. That’s why I’m writing this, to help you be more effective and win more easily against an online casino.
Most of the online casino bonuses are aimed primarily at new players and first-time depositors. They are cleverly designed in that way, so that new players, who have never put their money into a casino before, feel tempted to deposit their money for the first time
There is a multitude of different bonuses, and all of them have different pros and cons. This is a very broad subject with a lot of ground to cover, so I'll just list the most popular bonus type you are likely to find on your gambling adventures.
There are a lot more bonus types you can stumble upon, but these ones were just the most common and popular ones.
Why do wagering requirements exist and what is their purpose? Okay, I’ll explain in short. Wagering requirements have a purpose for both the player and the casino. They give the players a chance to prolong their gambling experience by providing them with a bigger budget and more money to play with. On the other hand, they protect the casino from instantly losing money and keep their bonuses from getting abused.
If you're playing just for fun and entertainment, all of this won't matter that much to you. But if you want to win some money on the side while playing, I'll share with some tips on this subject. I’ll take up a couple of examples of some popular casinos just to show you how these wagering and playthrough requirements work in real life situations.
Mr. Green Casino – I've played my fair share of games on Mr. Green's platform. I can unbiasedly say that it is a good and quality casino that is very player friendly and fair. They currently have a wagering requirement that stands at 35x for the welcome bonus deposit. What does this mean? This means that I, as a player, would have to wager their welcome bonus (which currently stands at $100) 35x before I could withdraw any of my winnings out of the casino and into my balance. So I will have to wager a total amount of $3,500 before I could do anything with it. As far as the playing and game restrictions apply for this bonus, Mr. Green allows you to wager this bonus only on slot games. If you bet on games like Blackjack or Roulette, your wagering requirement won’t be triggered.
Bet365 Casino – I’m taking Bet365 as my second example for a particular reason. They have a different business model that the previously mentioned casino, which allows you to wager on other games as well, but not to the full extent as you can do with the slot games. For example, you can wager on blackjack games, but the contribution is only worth 10%, which means that if I wager $100 on a blackjack game I will only contribute $10 to my wagering requirements. This deters many players from playing blackjack games while wagering, as the reward is often not worth the risk.
With online casinos, it’s important to remember that you not only look at the bonus amount that they are offering you or any extra bonuses but read the fine lines and look at the wagering requirements for those bonuses. The last thing you would want is to accidentally break one of the casino’s rules and be ineligible to unlock the bonus. Some bonuses can lock permanently and become unavailable if you accidentally try to unlock before earning your bonus through the wagering requirements.
If you are just a novice gambler who is getting into all of this, I would suggest you sign up for an online gambling house that has low wagering requirements. This would allow you to learn more quickly and more easily meet the requirements to cash out some money.
If you think the bonus contains features or parts that are not player friendly, I would suggest you give it a pass and move along to the next one. No matter how got it all looks in the heat of the moment if you notice something you don't like about the bonus, I would simply say to save your cash. You want to win the maximum possible amount of cash, playing under the best possible gambling conditions. Though I realize that you're playing it mostly for fun, try to stretch your hard earned cash as far as possible.
While bonuses can be a lucrative way to enhance your gambling budget, I want to warn you about some other factors you should look out for when playing. Besides the wagering requirements you should watch out for two more things:
Besides these two important things, I’ll mention another thing in the end, and that is the VIP programs some casinos have. They function as a reward system for the most loyal and regular players, and if you play on sticking with one casino and a certain type of provider, in the long run, these might be a nice feature to watch out for.
I only target and play games that have high RTP’s. I watch how much I am permitted to bet per spin or round and try to calculate how to reach my wagering requirement the fastest. I look for the games that will help me meet the requirement in the quickest and fastest way, and I am always aware of the bonus and the rollover bit of the bonus. But these are all of the skills I've picked up through the many years I’ve been playing online gambling games. If you’re not playing it for the big bonuses or are just a beginner, you don’t need to over think and try to remember all of this, just keep them in your head and focus on your game.
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I've covered the most important parts of what online casino bonuses are and how to use them to your advantage. Remember my tips, if necessary, do more research and find a casino that fits you the best. Know the rules and all of the caveats before delving in and depositing your money. Make sure you read the Terms and Conditions and know what you’re getting into before you actually get into it. This has been my take on the subject; I hope you’ve found it helpful and that you’ll use it wisely to cash out a nice bonus for yourself while playing your favorite online casino game.