An online casino bonus is one of the best tools in a casino’s marketing arsenal. The bonus is highly likely the first thing a player sees and can encourage or discourage players from signing up.
Because there are many casinos available online these days, there are various promotions designed to attract players. The competition is stiff between gaming platforms.
A UK casino bonus is a good way to set off on the right foot when you are starting out at a new casino. However, many players don’t understand the terms and conditions attached to such offers.
While bonuses might look like freebies for most players, the truth of the matter is that casinos are businesses and they don’t give away something for nothing. They expect something in return.
As a result, they make it a bit impossible to meet the requirements of the promotions. This is where you need to be smart and use the terms to the best of your benefit so you can cash out.
What types of bonuses are there?
Each casino site has its own set of offers designed to catch your attention and to help you stay put. Here are some of the bonuses widely available online:
- No deposit bonus: A bonus that is given to all new sign-ups without a deposit being required. You may receive bonus money or free spins.
- Welcome offers: This is an incentive given away to all new depositing players. Usually, you might receive a match deposit bonus, free spins or both.
- Free Spins: You would receive a number of spins on a chosen online slot game by the casino. Popular games include Starburst and Book of Dead.
- Cashback: You receive a percentage of your net losses back.
All of these bonuses are available in some form or another at various casinos. They look at face value, but each one of these offers come with terms and conditions that vary. There may be maximum betting limits, varying wagering requirements and caps on winnings.
Wagering requirements are usually what comes in the way between you and cashing out your winnings. It states the number of times you would need to wager your bonus before you can cash out your winnings.
The average wagering requirement stands at 35x, but we have seen wagering requirements going up as high as 200x. In this case, it is almost impossible for the player to meet these playthroughs, so the player will never be able to cash out.
This is important to note. While some players are in it to have fun, many others want to play in order to earn themselves some money.
This is why it is important to look for realistic casino bonuses. They might not be the biggest out there, but if they have low wagering requirements, you stand a chance of cashing out. It’s a win-win situation!
What’s in it for me?
Well, casino bonuses can help you test out a casino and can help you decide whether you want to commit to it or not.
Even if you decide to stay put and make more deposits, there are some benefits for you. As a loyal player, you can expect exclusive bonuses dropping into your inbox.
You will also be automatically enrolled into a loyalty scheme, where you earn points that can be exchanged for various bonuses.
Overall, if you learn the ins and outs of casino bonuses and know what to watch out for, casino bonuses can give you a good helping hand in achieving what you are after. They extend gameplay, but they also boost your chances of winning a jackpot.
While a £50 deposit will help you get set up, a casino bonus that matches it and doubles it will extend your gameplay and winning chances.