Casino bonuses are one of the most attractive features at online casinos. In fact, many choose to play casino games on the internet purely for the chance to claim some sensational bonuses and special offers. An online casino site can feature a casino bonus or a variety of such deals that can equally benefit both new and experienced players alike. But the key is to understand how a bonus works and how to use them effectively.
At casinoguy.org, we do our best to help you navigate through the myriad of casino bonuses so that you can truly benefit from these valuable offerings.
- 1 What is a Casino Bonus Exactly?
- 2 What Are the Advantages to Casino Bonuses?
- 3 What Are the Disadvantages of Casino Bonuses?
- 4 Types of Casino Bonuses
- 5 Bonus Considerations
- 6 The Conditions You Need to Consider
- 7 Wagering Requirements
- 8 Our Conclusion
- 9 FAQ Casino Bonus
What is a Casino Bonus Exactly?
When choosing an online casino, one of the most important criteria is its bonus offerings, from welcome bonuses to ongoing promotions and everything in-between. That said, bonuses remain the most confusing aspect for many players, but we’re here to shed some light! Not all bonuses are created equally as they all come with terms and conditions and wagering requirements that must be adhered to, especially if you’d like to cash in!
So why are these deals offered? Casino bonuses are sort of a tool to attract new players and retain existing players. Due to the sheer volume of competition out there, online casinos need to find ways to gain and maintain interest, and casino bonuses are one of the sure-fire ways to do that. There are many different types of bonuses available, all with various conditions, wagering requirements and withdrawal limitations. It is up to the player to understand what it all means in order to make the best decision.
Bonuses add a level of excitement and enjoyment to any gaming experience, and online casinos know this. As such, bonuses are designed to appeal to a players’ desire to earn ‘free’ rewards when signing up or taking advantage of a special offer.
Not only do these bonuses keep players interested, but it keeps them glued to the screen and eager to earn even more rewards. This works out well for casinos as, in most cases, players must deposit funds into their account to claim the bonus offer. That said, it is essential for players to understand the bonus on offer and keep the terms and conditions in mind when claiming the offer.
Bonuses are offered for many reasons at online casinos, most often for the following:
Sign-up or welcome bonuses – This is usually a very attractive, eye-catching bonus that draws new players to the site. As a ‘thank-you’ for joining the site, the casino offers new joiners the chance to claim a welcome or sign-up bonus. This welcome offer can come in various forms but is typically a match deposit or no-deposit bonus, sometimes complemented by free spins. Ultimately, this is a bonus to get more people to sign up to the casino.
Customer loyalty bonuses – These are bonuses aimed at rewarding existing players at the site. They can also take many forms, for example, daily promotions, cashback offers, loyalty points or VIP program, or a combination of these. Again, these bonuses come with terms and conditions, the main one typically being that you must deposit in order to claim the offer.
Friend referral bonuses – These bonuses are offered to registered players who refer a friend to the casino. If the referred friend signs up and makes a deposit, the original player receives a reward, usually in the form of cash or free spins.
What Are the Advantages to Casino Bonuses?
There are many reasons why players should make an effort and claim the casino bonuses on offer. Some of the benefits include the following:
Cash bonus – One of the best reasons to claim a bonus is the chance to claim a cash bonus. These are considered one of the most sought-after bonuses and usually form part of the welcome bonus offer. This cash offer may either be a no deposit or match deposit offer. If awarded as a no deposit bonus, you will receive the funds in your account, which can only be used to play casino games. The latter, however, is only triggered when you make a casino deposit.
Free spins – Another popular bonus offer is the chance to earn free spins. These are spins added to your account to use at several or one specific online slots available at the casino. By claiming these free spins, you have the chance to play risk-free, and as long as you meet the wagering requirements, you can cash out any wins derived from the bonus spins. It also gives you the chance to sample games you’ve never tried before, including top titles like Starburst, Gonzo’s Quest, Twin Spinz and more.
Loyalty rewards – Many online casinos offer loyal players additional rewards not available to regular players. Loyalty programs are usually open to depositing players and are great for earning points, which can then be redeemed for cash, vouchers or other rewards.
What Are the Disadvantages of Casino Bonuses?
Along with the benefits of casino bonuses are some disadvantages, which are worth mentioning. Some disbenefits include the following:
Wagering requirements – Despite being granted a no deposit cash bonus or free spins, you will be required to meet the wagering requirements (in most cases) before you can cash out any winnings. The wagering requirements can be quite high, for example, 35 times the deposit and bonus amount combined. Sometimes, it can go as high as 60x.
Cashout limitations – One of the most limiting consequences of playing at an online casino is the cashout limitations. While not all casinos or circumstances come with a cashout limitation, it often applies to casino bonuses. Imagine winning a hefty sum, meeting the wagering requirements then being unable to withdraw the full amount. To avoid disappointments like this, it is essential to read and understand the terms and conditions of the individual bonus beforehand.
Bonus expiration time – While freebies are always great, they are often laced with strict conditions. One of these conditions is a time restriction, whereby players will have a certain period of time to claim the bonus before they expire. If this doesn’t seem like a major inconvenience, imagine being awarded free cash but the caveat is that you have to meet the wagering requirements in 24 hours or you lose out. Again, this is why reading the terms and conditions are extremely important.
Types of Casino Bonuses
Online casinos offer various types of bonuses to appeal to a broad range of players. Most of these bonuses are standard, although most are customised to suit the casino. Some of the most common bonuses found at online casinos include the following:
No Deposit Bonus
Also known as a free bonus, the no deposit bonus is often part of the casino’s welcome package. It is also one of the most sought-after bonuses and most players looking for a new casino will actively seek out one that boasts this type of offer. That said, the bonus is not as common as we’ve liked, making is a top bonus at online casinos. The reason is it rare is because it is literally free money that the casino is giving to players for simply joining the site.
The no deposit bonus works as follows: The player creates a casino account, and once the account is verified, you will receive the bonus in the form of free money or free spins, depending on the offer. Sometimes, it will be a combination of cash and spins. Players can now use this to play at their favourite casino games without having to make a real-money deposit. Ultimately, you enjoy risk-free gameplay just for filling out a registration form. That said, this bonus comes with wagering requirements that must be met before you can withdraw any of the winnings.
Match Deposit Bonus
A match deposit bonus is one of the most common types of bonus you’ll find at an igaming site, and many players are happy to take advantage of this offer. It usually forms part of a welcome bonus package but can also be offered as an ongoing or seasonal promotion at the casino. The premise is simple – you make a deposit, and you will receive a matched deposit, for example, deposit $200 and receive $200 from the casino, which means your account is doubled. Again, this bonus usually comes with wagering requirements, so look out for those before trying to withdraw any winnings.
Reload casino bonuses are perfect options for players looking to ‘reload’ their account each month when funds start to dry up. This bonus is available to loyal players and is activated upon making the minimum deposit required. It’s extremely useful, and many players look forward to claiming this offer every month.
While not common at online casinos, some lucky players may come across a wager-free bonus from time to time. This is a bonus offered that contains absolutely no wagering requirements, which means you can withdraw wins from the bonus without having to meet the playthrough rate. Again, this is extremely rare and considered a unicorn in the igaming world.
Casino Bonus Codes
Casino bonus codes are a great way to claim an exclusive or once-off bonus from an igaming site. Basically, players are given a code, which must be used when trying to claim a bonus. Only the code will be able to activate the offer and awards all sorts of freebies like cash prizes, bonus money, free spins and more.
A casino will offer a VIP program to high rolling players who have proven themselves valuable. This VIP club is usually only available to players who spend the most money at an igaming site and is by invite-only. As a VIP member, players are afforded exclusive benefits and luxury perks not available to regular players. This can include anything from personal account managers to cashback offers, special bonuses and promotions, exclusive invitations to tournaments and events, VIP trips, anniversary and birthday gifts, faster withdrawals and much more. To be eligible for the VIP club, players must meet some kind of spending goal as stipulated by the casino.
Free Spins Bonus
As the name suggests, this is a bonus where free spins are awarded to the player. It usually forms part of a welcomed or sign-up offer, although free spins are also doled out as part of daily casino promotions and special offers. In fact, it is one of the most common and beloved types of bonuses at online casino sites. These free spins can usually only be used on certain games or selection of games as highlighted in the terms and conditions of the bonus. In most cases, it can be redeemed at some of the most popular video slots like Starburst or Gonzo’s Quest, to name a few.
Many of the top online casinos will find ways to reward loyal players. This is often done using casino bonuses of varying types. The loyalty bonus is a special bonus given to dedicated or long-term players of the site and can be awarded in various ways. This can be a random bonus in a player’s inbox or an offer whenever you reach a specific goal. This will be casino-specific and can include anything from free spins, cashback awards, reload bonuses and more.
High Roller Bonus
Big stakes and high rolling players are big money to online casinos and are, therefore, highly favoured. To show how grateful the casino is, a high roller bonus is specially created to appease this group of players. This incentive is dedicated to players willing to deposit larger amounts upon registration and going forward and not for the faint-hearted. The exact bonus varies from site to site, although it usually consists of a percentage based on the amount deposit, typically ranging between 40 and 50%.
Claiming a casino bonus is a lot of fun as they can boost your bankroll and overall gaming experience. However, there are specific bonus qualities to consider when claiming these generous offers. In this way, you can make the bonus benefit you in the best way possible.
Bonus Amount – When claiming a bonus, always pay attention to the amount being offered and how it compares to the total value of the offer as a whole. Also, check to see if it requires a deposit and how much. This will help you know exactly where you stand before you claim.
Game Requirements – Many bonuses come with game requirements that may not be obviously highlighted and instead stated in the terms and conditions. Make sure you only claim bonuses that allow you to wager on games you actually enjoy. Don’t just claim the bonus for the sake of it – the point is that it benefits you.
Redeemable/Non-redeemable – A redeemable bonus is a bonus that is added to your balance, which can be used to wager on casino games only. Once the wagering requirements of the bonus are met, you can cash out the bonus along with any winnings derived from the bonus as real money. A non-redeemable bonus, however, is never available to cash out. Only the winnings made from the bonus is available to withdraw.
Wagering Requirements – This is one of the biggest factors to consider, and sometimes the least understood. A wagering requirement, also called a rollover or playthrough, related to how many times you need to wager the bonus before it is available to withdraw. For example, a bonus must be wagered 30x the total bonus and wager amount before any winnings can be withdrawn as real money.
In addition, you also need to be aware that not all games contribute the same way to the wagering requirements. Slot machines may contribute 100%, which is the case most times, but other games like Roulette, Blackjack and video poker may contribute 10%, 5% or nothing at all. Again, this is why reading the terms and conditions is very important before trying to claim a casino bonus.
The Conditions You Need to Consider
As mentioned so often before in this article, casino bonus terms and conditions are a top priority for players trying to claim the offer. Every bonus will come with a set of terms and conditions in place to protect the casinos from losing too much money. Without strict wagering requirements, just think of all the money the casino could end up losing as all players are doing is making a deposit to double their money, withdrawing the funds and walking away. It can never be that easy, and neither should it.
The terms and conditions will vary depending on the casino bonus. In most cases, it will come with wagering requirements and a time frame in which you can claim the offer before it expires. There will also be withdrawal restrictions, but this is not the case for every bonus. The playthrough requirements will also be different depending on the bonus. For example, it may be lower on a match deposit bonus than a no deposit bonus for the simple reason that the former you are being rewarded for your cash risk to the casino (your deposit) while the latter is the casino’s own money you are using to try and win. Therefore, it makes sense that the restrictions will be tighter and harder to meet.
Ultimately, a casino bonus is more about the value to the player than anything else. A bonus has to benefit the player and should not be costing a player unnecessary funds. The wagering requirements is, therefore, something to seriously consider before claiming any offer at an internet casino.
A wagering requirement refers to the amount of money you need to wager before you can convert any bonus funds into real money and cash out at an online casino. They usually range between 20x and 50x the value of your initial deposit and the bonus amount, although this can vary. A standard match deposit bonus typically has a wagering requirement of 35x. Getting a bonus with lower wagering requirements can make a big difference to a casual gambler.
Playthrough requirements will be the set of conditions a player must meet to withdraw any winnings earned through the bonus. That means that while you can use the bonus to fund real money games, you cannot withdraw any winnings associated with the bonus. What’s more, the casino will impose a time limit to meet these requirements. If this is not met within the time frame, you forfeit all winnings.
As mentioned, wagering requirements can also be called rollover or playthrough, all of which the casino can use interchangeably. These strict conditions are put in place to save the casino from losing too much money. What’s more, it also deters bonus seekers, which are players joining a casino site to claim the bonus, only to leave once they have received the free offer. In this way, only serious players earn the bonus, and the casino will be happy to award players who intend on sticking around.
Casino bonuses are supposed to be a fun way to add to your bankroll and enhance your overall gaming experience. They should not be stressful or cost you too much money to claim. The terms and conditions are in place not to trick you, but to save the casino from going bankrupt and to ensure only serious players are joining the casino, and for the right reasons.
Our advice would be to only claim bonuses that are valuable to you. Consider the overall value of the bonus, and if it will benefit you. Although, read and understand the terms and conditions of each individual casino bonus. They each come with their own set of conditions, so make sure you understand the terms and phrasing used in order to effectively claim the bonus and avoid disappointment or losses.
FAQ Casino Bonus
✅ What are bonus codes?
While most casinos will automatically add the bonus to your account, some require a bonus code, which must be used to activate the bonus. This bonus code will be provided by the casino or through third-party affiliates sites. Once this code is correctly entered in the space provided, your bonus will be ready to redeem.
✅ Are casino bonuses available on mobile?
Yes, in most cases, all casino bonuses available at desktop casinos will be available on their mobile counterpart. This will vary between websites, or a casino will offer a special mobile casino bonus for players on the move.
✅ Are casino bonuses worth it?
For the most part, yes. Casino bonuses are opportunities for players to earn extra rewards during gameplay. This can either be through joining a site or being a loyal or consistent depositing player. Players are not obligated to redeem a bonus and, in some cases, a bonus may not be worth your time. But bonuses with fair terms and conditions at top online casinos are, in the majority of cases, well worth collecting.
✅ Can I withdraw my bonus?
In some cases, yes. In others, no. It depends on the website you’re using and the type of bonus on offer. Some casinos will allow depositing a certain amount of real money before you can make a withdrawal, while others allow you to withdraw all winnings outside of the bonus amount. Therefore, it is very important to get to know the bonus types as well as read the T&Cs before proceeding with a casino bonus.
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