Do you already know what casino bonuses are? You’ve probably seen online and mobile casino offer promising welcome bonuses for new customers. You may have noticed mentions of deposit bonuses, free play money, and free spins. All such offers for new customers and also for regular customers are collectively known as casino bonuses. Different types of casino bonuses work in slightly different ways and are subject to slightly different conditions at different casinos. We will now tell you everything you need to know about casino bonuses and you can find various types of casino bonuses at veritop.com
How casino bonuses work
The best way to get the most out of casino bonuses is to know how they work. Every online and mobile casino wants you as a customer. To make playing at a casino even more attractive for you, casinos offer their players a range of money-saving benefits under a common casino bonus banner. You’ll want to know what different types of casino bonuses casinos can give you. Casino bonuses are mainly divided into deposit bonuses, no deposit bonuses, free spins, risk-free betting, and even free play money. You may also sometimes see the terms forfeit bonus or forfeitable bonus, cashback bonus, and money-back bonus used. You can read about their features towards the end of the article, as to understand them better, you should first know all the essentials about deposit bonuses and free spins.
Deposit bonuses
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Deposit bonuses are a casino handout to its customers. A deposit bonus, as the name suggests, is a bonus that you receive when you make a deposit to play at an online casino. Deposit bonuses are also offered at mobile casinos. Often online casinos offer deposit bonuses to welcome customers, so new customer deposit bonuses are also known as welcome bonuses. To claim a welcome bonus offered by a casino, all you need to do is register as a customer of the online casino of your choice and follow the casino’s instructions. The bonus is only available once for new customers. However, almost without exception, casinos also offer deposit bonuses for existing customers as part of their loyalty program. Deposit bonuses can be pure cash, but they can also include free spins on various casino games.
How deposit bonuses work
The way deposit bonuses work is that the casino offers you free play money on top of the amount you deposit. For example, a casino may announce a 100% deposit bonus. In this case, the amount you deposit will be doubled up to the amount in dollars that the online or mobile casino declares. For example, you may have seen an offer promising you a 100% deposit bonus of up to $100. It’s easy to get the idea that you would receive a total of $200 for making a deposit of $100. In practice, however, the offer could mean that for a deposit of $50, the casino will add $50 of its own money to your games, giving you a total of $100 in play money. So you can deposit as much as you want, but the deposit bonus will only be paid up to the maximum amount set by the casino. Deposit bonuses can seem very generous, and they often are. They just come with conditions that you should be aware of before you decide whether to take advantage of the offer. Deposit bonuses are a great way to try out the casino, adventure with its different games and even win more. Even if the winnings don’t come immediately, deposit bonuses can at least extend your playing time. If you prefer, you can choose not to use the bonuses at all and play directly with your own money.
Casino bonuses no deposit required
Many casinos offer casino bonuses with no deposit required. No deposit casino bonuses are offered to both regular and new players, usually either in the form of free play money or free spins on certain games. These no deposit casino bonuses are also known as no deposit bonuses. If the bonus is paid in dollars, the amount of free play money is usually quite small. Nevertheless, with just $5-10 in free play, you can collect a nice payout because you don’t have to put any of your own money in to get it.
Free spins
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Free spins are one of the best ways for online and mobile casinos to introduce new games to their customers. Free spins are also a handy way for you to try out interesting games. You can get free spins on casino games in many ways. Usually, the casino will give you free spins on pre-defined slot games as part of your welcome bonus. This gives you the opportunity to play one or more video slot machines for a few spins completely free of charge. Free games are always played at the lowest stake or subject to other wagering restrictions. Sometimes free games are also given for other casino games, such as betting.
In addition to the free spins offered by the casino, you will also get more chances to win from the free games within the slot machines and so-called slots. Typically, they are activated when the required number of special symbols appear on the reels of a game. In fact, despite their name, in-game free spins are usually played with the same bet as the round that won the free spins. During free spins, the odds of winning increase. So the free games offered by casinos can really earn you a handsome payout. However, remember that winnings from casino bonuses and free spins are subject to payout caps. Even if you can only withdraw part of the winnings from your free money, that’s still a good advantage. As they say, it’s all about the money!
Casino bonuses and winnings wagering
Casino bonuses and winnings wagering are standard casino practice, although there are rare exceptions. Since bonus money and free spins are played with the casino’s capital, the casino has to secure its business on different terms. One of these conditions is a wagering requirement on money won from casino bonuses. This means that money won from bonus money or free spins can only be withdrawn, i.e. cashed out, after the winnings have been wagered, i.e. replayed on the casino’s games a sufficient number of times. Otherwise, the casino’s coffers would be depleted at a significant rate if players could simply withdraw all their free winnings directly.
The amount of the multiplier varies from casino to casino, and the multiplier is expressed as “25x”, for example. The average multiplier is 35x-45x. It is rare to see lower multipliers, but some casinos offer their casino bonus winnings completely free! At its highest, the multiplier can be as high as 50x, but in such cases, the casino has other benefits to offer its customers to compensate for the high multiplier. For example, there may be higher stakes games for high roller players who like to take higher risks. Loyalty rebates may also be more substantial. It is worth remembering that the wagering requirement only applies to bonus money and free spins winnings received as bonuses. So any winnings you accumulate with your own money are yours and there are no caps on withdrawals. Large jackpots may be paid to you in several installments by the casino, in line with standard online casino practice.
Cashback casino bonus: a money-back bonus
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When you claim your casino bonus by making a deposit, the amount you have deposited will appear in your account. The bonus you claim with your deposit is called bonus money. Normally, you only play with the bonus money once you have played the amount you deposited. If the casino has a forfeit or forfeited bonus, you can play with your own money first and not activate the bonus money at all. This is a good way to do it when you get winnings on your deposit and want to withdraw the winnings. Upon your request, the bonus money will be cancelled and you can access your winnings. However, if you are also playing with bonus money, you will also need to wager any winnings with your own money.
A cashback casino bonus is a form of insurance that you will get some of your money back even if you lose at games. Cashback conditions are casino-specific, and not all casinos use the cashback bonus method. To get cashback, players must lose all the money in their account, the amount of cashback can be very small and may be subject to other bonus conditions such as which games the cashback is available on. Money back, on the other hand, ensures that you do not have to play your entire account down to zero, and you may not even have to lose to get a refund on your stake. The money-back bonus is most commonly used for betting.
The pros and cons of casino bonuses
Casino bonuses are particularly worthwhile when you know how to make the most of them, while taking into account the restrictions that come with them. By comparing welcome bonuses and loyalty benefits offered by different casinos, you can find the best offers to maximize the benefits. Comparing is easier on dedicated sites. One of the great things about casino bonuses is their ubiquity, with almost every online casino tailoring the most attractive bonus package for you. If you want, you can sign up at any casino that has the games and looks you like. If you want to play directly with your own money and take home all your winnings, regardless of the wagering conditions on casino bonuses and free spins, you can choose not to use the bonuses and play purely with your own money. In this case, all winnings can be withdrawn without any restrictions.
Some of the best things about casino bonuses include:
- the chance to try the casino’s games risk-free
- more play money and more game rounds
- the opportunity to use bonuses at selected casinos for betting, betting and even card games
- The mobile casino often offers different promotions to the browser version of the casino, only available when playing on the mobile casino.
There are hardly any real downsides to casino bonuses, but they are subject to casino-specific terms and conditions that you should take into account before taking advantage of any offers you receive. The best way to avoid unpleasant surprises is to at least read the terms and conditions of the various promotions, which can usually be found on the casino website, either in the rules or in the FAQ section. If necessary, you can contact the casino’s customer service for more detailed information on casino bonuses and make sure you have understood the terms and conditions and restrictions correctly.
Things to note about casino bonuses include:
Source: freepik.com
- terms, conditions, and multipliers for wagering requirements applicable to casino bonuses
restrictions applied to games that meet the recycling conditions - payout percentages on winnings from deposit bonuses, free spins, and free play money
- spreading deposit bonuses and free spins over several consecutive days, so that the amount promised in the offer is not immediately available
- limited validity of casino bonuses, usually up to 30 days.
