So, if you are a newbie to the whole online casino scene, it well might seem strange that a casino would be offering you and anyone else free money to have fun playing games with. It doesn’t quite make sense, right? Wrong!
Actually, a casino bonus a creative way that serves to persuade players to make an initial deposit, with the expectation being that they will find the gameplay experience so enthralling that they will choose to continue playing. With that being out of the way, here’s the real low down as to how casino bonuses work and the specific requirements by which they can be triggered.
Wagering Requirement
This is the minimum required turnover that applies either to the bonus or both the deposit and bonus. Thus, should you make a deposit of ₤100 and get a match-up deposit bonus of ₤100, with the wagering requirement being set at x35(bonus), you will be required to turnover no less than ₤3,500.
On the other hand, should you deposit ₤50 and got a match-up deposit bonus of 200%, with the wagering requirements being set at x25(deposit + bonus), you will be required to turn over at least ₤3,750. This makes it essential that the terms and conditions of any bonus be thoroughly examined before signing up for such, because in some cases a wagering requirement that’s on the low side does not automatically equate to a low turnover obligation, as the example above makes really clear.
Also, you should be aware of the fact that till the terms of the wagering requirements are fulfilled to the latter, you will be unable to withdraw all winnings, because they will be considered to be bonus money or pending winnings.
Game Activity And Wagering Requirements
The game weight refers to how your game activities contribute to the stated wagering requirements. So, in the case you played 100 rounds at 25p a pop on a casino game that contributes at a rate of 100%, that means your total wager is ₤25.
However, the same number of play on a game that contributes just 50% will result in a turnover of ₤12.50. Thankfully, the vast majority of video slots contribute 100% of the wagering requirements.
As for the complete by date, this refers to the time during which the wagering requirements pertaining to a bonus must be completed for the winnings to be awarded, cancelled or voided as the case may be.
Why Casino Bonuses Are Popular And How They Are Offered
The reason for the continuing existence of casino bonuses is because they are highly popular for a variety of reasons. They serve as a means for players to boost their funds and play their favourite games too.
Usually, the older and more firmly established casinos offer more juicy bonuses with looser and lower wagering requirements than their newer competitors. As well, VIP players are feted by their being spoiled with casino bonuses with invariably lower wagering requirements than is offered to the masses.
Casino Bonus No Deposit
No deposit bonuses are not all that common. They essentially let players play a few games without their being required to first fund their accounts. However, these do come with their own wagering requirements.
Loyalty & Reload Bonuses
Loyalty bonuses are given as a reward to those customers who have been playing for a long while at a casino and serves as a reward for their stubborn loyalty in the face of essentially hopeless odds. The Reload bonus, on the other hand, is given to players who have wholly claimed their welcome offer on a pre-selected date.