Introduction to Online Casino Bonus Offers
There's no such thing as money for nothing, but it might seem that way when it comes to casino bonus offers. Online casinos dream up all kinds of bonuses to draw in potential players thanks to the fierce competition in the continually expanding industry. These bonus offers can indeed fatten your bankroll, but only if you understand them first.
Understanding Casino Bonuses
The most common kind of bonus offer is called a deposit bonus. As the name implies, this is money that is added to your online casino account after you make a real money deposit. Deposit bonus money can be wagered on the casino games, but it almost always is prohibited from being cashed out until certain conditions are met – also called clearing the bonus. For example, a $50 deposit bonus might not be allowed to be cashed out until it is played through with $500 in wagers. Activating a deposit bonus is usually done by use of a code that is entered during the deposit process; these codes can often be found on the casino website or in promotional emails.
No deposit bonuses sound even better, as they are free credits to use for wagering right off the bat. Yet they have even stricter terms on them than deposit bonus offers. A $100 no deposit bonus might have to be used for $1000 in bets. At the end, you'll only be able to keep any amount over the original $100 – and there will be a cap on it, and you may have to make a deposit too.
Many bonuses target new players, but there are also reload bonuses offers that many casinos use to reward returning customers. Another popular twist is the cashback program, which returns a (usually very small) percentage of your losses to your account on a monthly or quarterly basis. Online casinos have come up with numerous other offers too, often targeting a specific game or themed around a holiday or other event.
The most critical thing to keep in mind when it comes to bonuses is always to understand the terms. They might be hard to find, but the casinos will provide them, and remembering what they are can save you an unpleasant surprise when it comes time to cash out.