Online Casino Bonuses

 

 

You might have seen that most online casinos advertisements usually. UFABET offer some sort of bonus or FREE money to get you to start playing there. Like most things in the world, nothing really comes free, so before you start claiming this free money and then getting upset you’ve been duped, You might want keep reading and see how this all works.

First of all, you may ask; why do online casinos even offer this “free” money?

It’s part of their marketing and differentiation strategy. In a nutshell, online casinos are generally “skins” of a specific software provider, so actually behind the different owner, graphics, licensing etc under the bonnet there’s almost no difference between let’s say all Playtech powered casinos, or all Microgaming powered ones.

So, if they are mostly the same below the hood, there needs to be some sort of difference which will get you to play at “X” online casino and not “Y”. Besides the graphics, licensing, support and reputation, another way to pitch to potential players is by giving them something, in this case, an additional benefit.

Having put that out of the way, the next question you might ask yourself is: OK, so Casino X is offering $5, 000 free, maybe I’ll sign up, take my $5, 000, play them out and go on to Casino Y.

The answer here is pretty simple as well. In order to claim bonuses at at an online casino, you will usually need to generate a deposit, unless it’s specifically stated that you don’t, but we’ll get to that later.

Before we sink into the beef of the different types of bonuses provided by online casinos, here are a few extra terms and points you should be aware of, so you can clarify them with a support representative before claiming an additional benefit, just so you know where you stand and what you’re claiming.

1. Wagering requirements: Most bonuses have wagering or playthrough requirements, meaning that you need to play a quantity before you can withdraw winning from your account. Typically wagering requirements are usually between 15 to 40 times, however pay attention to what you ought to gamble. In some cases it will be just the bonus times X and in others you will need to gamble the bonus + your deposit amount X times. The latter by the way is more readily available.

Another tidbit you should pay attention to with regards to wagering requirements is, that at most of the online casinos, if you request a alienation before you have completed the wagering requirements, all your payout to date will be void. Not really fair, but this is reality.

2. Games played: Make sure you look at the T&Cs in this case. Because spots games are generally the most profitable games for online casinos, many bonuses tend to be valid only for spots games. Usually scratch cards and keno will comply with this rule.

In other cases, you will be allowed to play your bonus on all games; however not all games will count 100% towards the playthrough requirements. For example play on spots will count 100% but roulette will only count 30%, meaning you do must have to gamble over three times more in order to clear the wagering requirements and withdraw your payout.

3. Minimum deposit requirement: In most cases, in order to claim an additional benefit you will be required to generate a minimum deposit, which again can vary. It’s generally a small amount which you will probably deposit anyway. It’s usually not over $50.

Now that all of us are for a passing fancy page and speaking the same language, it’s time we went through the main types of bonuses available at most online casinos.

1. A Match bonus is the most common type of bonus. For every $ you deposit, you will be credited X% of what you put in the account by the casino. So, if, for example, casino Z is offering a 100% match bonus, deposit $100 and the casino will give you an extra $100 in bonus money. This means that actually start playing at the casino with $200. Match bonuses have been limited to a certain maximum bonus amount you can claim. A match bonus can be a standalone bonus as part of a promotion (more common at US friendly online casinos) and/or within the welcome bonus

2. A welcome bonus is generally offered by most, if not all, online casinos to new players who sign up and make their first deposit at the casino. The welcome bonus is the sum of all the possible match bonuses you can accumulate as a new player at the casino over a specific period of time, or within your first X deposits, or a variety of the two; so if a casino markets a $3000 welcome bonus, that it is the absolute maximum you can get with the 1st deposit bonus, second deposit bonus, monthly bonus etc, where if you deposit the maximum amount of each match bonus, you can reach the advertised welcome bonus. If you deposit less than needed for the absolute maximum bonus in each stage, you won’t reach the amount advertised in the welcome bonus. So, in fact, the welcome bonus advertised is the MAXIMIUM amount you can claim in bonus money during your first period of playing at the casino.

3. A No deposit bonus is pretty self-explanatory. It’s a bonus the user gets from an online casino which will enable you to play a real income games and not make a deposit. This is a great tool for online casinos to acquire new players as it lets them try out the casino and not make a deposit. In some countries it helps solve the “trust” issue casino players have with online casinos. Many players who sense at ease depositing and playing at one online casino will be leery when trying out another one they’ve never played at. Other players don’t want to generate a deposit without trying out the software and games so a no deposit bonus can definitely help here. Some online casinos give no deposit bonuses as part of their standard offering while others maneuver well away from such bonuses as they claim that they tend to attract the wrong type of players, i. e. players who have no intent of playing for a real income in the first place and that it just puts a strain on the support team with no actual outcome. I think that the truth is probably somewhere at the center and that people claim no deposit bonuses for different reasons.

No deposit bonuses are generally for a pretty small amount, usually $10-$15 and they are either offered to potential clients directly by the casino or by websites affiliated with them. No deposit bonuses also have wagering requirements you need to complete before you are able to withdraw your payout if you’ve been lucky.

4. Sticky/Play only bonuses are bonuses which you cannot withdraw from your account. If you get lucky and win and request a alienation, the bonus amount you received will be deducted off your payout. Let’s say you claimed a $50 sticky bonus and got lucky bringing your account balance to $500. Now you would like to withdraw your payout and go celebrate with friends. The online casino will only allow you to withdraw $550 from your players account and $50, which is the sticky bonus amount, will be void. Play only bonuses are usually larger than match bonuses and the wagering requirements lower.

5. Payment method bonus: This is something that was initially common at Playtech powered casinos and has spread to many others as well over the years. Besides depositing at an online casino with your credit or debit card, there are many electronic options most of which offer instant fund geneva chamonix transfers without the associated hassle and high fees. Many of these alternative payment methods, as they are widely called, offer their services to people without a credit check and you can transfer money from your bank account prudently. Some are even pre-paid cards you should purchase at a kiosk. Just for using these alternative payment methods you can receive an extra 10-15% bonus on every deposit you make in addition to any other bonus you claim. Be sure to check the cashier section before you register with an online casino you’ve never played at as this can definitely be in your favor.

6. Most online casinos have a Loyalty/VIP Club scheme where you can get bonuses in return for points you accumulated while playing. The more you play, the more points you earn and the better the point-bonus conversion rate becomes.