We all love a bonus, whether it’s a little bit extra in your wage packet at Christmas or in any other forms. It gives us that little bit extra for free. In the world of gambling, casino bonuses are especially welcome and important to punters. Whether it is free bets, odds boosts or free spins and extra slot cash, every little help. Bonuses at casinos are also used to attract the roaming customers looking for a venue to try their luck at. In fact these bonuses are more important than ever before, as online casino numbers have reached saturation point – play casino now.
Casinos more than ever, have to pull out all the stops to attract new customers with offers that stand out from the crowd. However, these bonuses can be a little confusing as they come loaded with terms and conditions and other rules. This is to be expected in order to prevent abuse. Furthermore, casinos cannot give away free cash to every newbie otherwise they will end up in financial difficulty. This is why free money comes with strings attached.
Casino bonuses are well thought out and carefully constructed, if they are not, then the casino would lose vast amounts of money. This has happened in the past to big betting brands like Betfair. Back in 2010, they became victims of their own poorly designed promotion. The promotion in question was named The Happy Hour Bonus and this offered players the chance to claim an unlimited number of 50% up to £100 deposit bonuses with only a 10x wagering requirement attached. The generous offer gave punters a huge edge over the casino and the losses were substantial. This is why bonuses are now constructed in such a way as not to give players an edge. Bonuses do give you extra free money but the wagering requirements that are on average 20x times or higher, counteract the edge you may think you have when taking up a casino offer.
Different Types Of Bonuses
There are different types of bonuses that punters can claim at a casino. The most common bonus is the welcome packages called deposit bonuses. Most casinos will give a 100% deposit boost up to a certain amount of cash. The industry standard is around £100. If you deposit £20 you will get another £20 free giving you £40 to play with. If you deposit £100 then a 100% match will give you £200 in total, reaching the maximum deposit bonus limit. Usually, you will have to wager it 20x before any withdrawals can be made. This means that you have to go through bets of £4000 if you take up the maximum bonus amount.
Game weighting is another term you may encounter when taking up a casino bonus. This basically means that different games contribute different percentages to the wagering requirements. Some do not contribute at all, such as table games, whilst specially selected slots contribute the most that are 100%. To really understand the intricate details of bonuses, it’s always important to read the small print that is available on every site. The Terms and Conditions can be lengthy and difficult to understand, but you are letting yourself get informed as to what to expect should you opt in to any bonus scheme.
Most offers have a minimum deposit limit needed to activate the bonus offer. This is usually £10 or £20 pounds. However, many sites do not offer these bonuses to E-wallet depositors. If Skrill, Neteller or PayPal are your chosen deposit methods, then you may miss out on bonuses altogether. Other common welcome offers include free spins. These can accompany deposit boosts or can be stand-alone offers. Again they come with wagering requirements on any winnings you might accumulate. This means that if you were given a set of free spins upon joining a casino and you play them and win. You will not be able to withdraw your winnings until you have played through your winnings a set number of times. Thankfully, there is a growing trend in the industry to lower or even drop the wagering requirements on free spin winnings altogether. Free spins come as no deposit free spins or deposit free spins. They even come as part of a first deposit bonus as a little extra gift.
The casino usually chooses the games to use your spins on and they have to be used in 24 hours. They can come in one set or a number of sets over a few days, depending on how many are up for grabs. Another important thing to understand when using casino bonuses is that wins are usually capped to £100 especially on free spins and betting stakes usually cannot be higher than £5. This again is to limit the amount the casino has to pay out to punters.
Some casinos like Slot Boss and Pink Casino give their players a £10 no deposit bonus. This is the easiest of the bonuses to understand. All you need to do to receive your cash is to successfully open an account and the bonus is ready and waiting to be played. Whilst you don’t have to make a deposit you will have to meet the wagering requirements and betting rules apply once more. There may also be limitations to how much you can win and some casinos will then expect you to make a deposit in order to be able to withdraw your cash. Loyalty bonuses are the best as they usually come as part of a VIP package that rewards you for spending large amounts on casino sites or even land-based casinos. These come in the form of wager free cash or free spin bundles with no strings attached. Any winnings you accumulate can be withdrawn straight away. The best way to understand a bonus is to break it down and examine the rules. This will prevent you from accidentally forfeiting the bonus should you choose to accept it.