Perhaps all fans of online gambling have heard about advantageous bonuses in online casinos. Gambling platforms offer many gifts to their players – for example, you can get a bonus for registration, for installing the mobile casino app, or for participating in a loyalty program. Gifts for holidays, bonus draws, and cash prizes are also common, as well as free money on deposit. Sometimes online casinos give players free spins in popular slots and even return a percentage of lost funds. But are all bonuses that can be obtained in online casinos equally profitable? Let’s figure it out together.
Types of Bonuses in Online Casinos
All bonuses in online casinos can be divided into two groups – deposit and no deposit.
- Deposit Bonuses. This category includes all gifts and rewards that a player will need to deposit funds into their gaming balance to receive. The most popular deposit bonuses are a percentage addition to the deposit and a bonus for replenishing the gaming balance by a certain amount.
- No Deposit Bonuses. To receive these rewards from the casino, a player does not need to deposit money. Free spins – free attempts in video slots, during which you can win real money without risking the funds on your gaming balance, belong to no deposit bonuses. Also, cashback – a return of part of the lost funds, can be attributed to the group of no deposit bonuses. Usually, cashback is credited to participants in the online casino’s loyalty program. Promotional codes – alphanumeric combinations that, when entered in your account, allow the player to receive free money on deposit that does not need to be played through, can also be considered no deposit bonuses.
Advantages of Bonuses in Online Casinos
Undoubtedly, bonuses are a beneficial and interesting offer from online casinos that can bring more excitement, pleasure, and fun to the gaming process. Casino bonuses have several advantages, for example:
- Significant increase in bankroll. Thanks to the sensible use of the welcome bonus, a player can multiply the first deposit amount by 2, 3, or more times. For example, when receiving a 100% deposit bonus, the amount deposited will be doubled. Thus, the player increases their bankroll and can place many more bets.
- Chance to win in slots without deposit risk. Free spins are free attempts in slots during which you can win real money. Unlike the demo version, using free spins, you can win without risking your own funds.
- Chance to try popular games for free. Thanks to using free spins, you can get acquainted with various games in online casinos and win real money.
- Receiving free money on deposit. Using promotional codes, a player can receive money on deposit as a gift from the casino completely free of charge. As a rule, they do not need to be played through, and you can immediately use them for bets in slots and other games.
- Return of lost money. One of the most desirable bonuses in online casinos is cashback on lost funds. The money returned through cashback does not need to be played through. You can place another bet in games or withdraw them.
Disadvantages of Bonuses in Online Casinos
Usually, beginners do not think about the conditions for providing bonuses in online casinos, which later leads to problems with wagering and losing all profits. Let’s consider the main features of providing bonuses that are important to consider when accepting a gift from the casino:
- Expiration date. Most bonuses in online casinos have a limited time for use. For example, in many gambling clubs, you must use the welcome deposit bonus within a day or a week after registration. If you do not deposit funds within the specified period, the bonus will expire.
- Wagering requirements. One of the most fundamental characteristics of bonuses in online casinos is the wagering requirement or playthrough. All bonus funds are credited to a separate bonus account. To withdraw them, bonuses need to be wagered, i.e., bets must be made for a certain amount. The wager determines this amount. For example, receiving a bonus with a x35 wager, you will need to place bets on the gifted amount multiplied by this number. The lower the wager, the more beneficial the bonus for the player.
- Wagering time. The time provided for wagering bonuses is often limited. If a player does not manage to wager the gifted funds, they expire.
Taking these features into account, you can use bonuses in online casinos more efficiently. We wish you good luck and big wins!