Some of the best casinos on the internet offer some of the best bonuses. Bonuses range from $ 5 to tens of thousands of dollars. Unlike most things in life, the biggest bonuses aren’t always the best. Players should take into consideration the type of bonus, its restrictions, and the playing requirements. To learn more about how to find out if a bond is the best for you, read on.
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Accepting a bonus from an online or mobile casino implies meeting certain requirements. These requirements are generally referred to as “gaming requirements.” For example, you will see “30 times” game requirements. This means that you must bet 30 times the total amount of the deposit made or whatever the specific amount is determined by the casino. Here’s another example: A gambler makes a deposit of $ 200 and receives a 200% bonus: another $ 400. The total amount of money deposited plus the bonus is $ 600. The casino has a play requirement of 30 times, so the player must wager at least $ 18,000 before the bonus can be cleared. Naturally, this is not done in one go. People play normally and the total amount of the stake accumulates. If you played slots and bet $ 5 on each spin, you would have to make 3,600 spins.
Almost any bonus will have certain restrictions. They may only allow slots to be played or determine that Blackjack bets are only worth 10% or 20% of what slots are worth. You could even lose the bonus if you play a prohibited game. It is important to read the terms and conditions before accepting a bonus. It is the only way to know what the restrictions are. You can also find out, through this means, the requirements to release the bonus and whether it can be withdrawn in the form of cash. Many players accept whatever bonuses are offered without even thinking about what they are accepting. Don’t be too quick to skip reading the terms. If you do, a big surprise could await you later.
Types of Bonus
There are mainly four main types of bonus. There may be others, but these four are almost 100% of the bonuses you will find on your way. Each one has its own terms and conditions, as we mentioned before.
No Deposit Bonuses
No deposit bonuses are also called free chip bonuses. You get real money to test an online casino before you must make a deposit. These bonuses can range from something modest like $ 5 to something more important like $ 77. Most commonly they are between $ 5 and $ 25. You will most likely have to deposit real money before you can withdraw the winnings from the no deposit bonuses, and the maximum amount of money allowed to withdraw is generally also limited. Typical limits are six times or ten times the amount of the free chips. No deposit bonuses will have the same play requirements as other bonuses.
Withdrawable bonuses are the best bonuses available in the world of online casinos. They are exactly what the name suggests. After meeting all the wagering requirements, you can withdraw any remaining bonus amount. Therefore, if you receive a $ 500 bonus after depositing $ 500 and the bonus has 25 times play requirement, you will have to wager $ 25,000 on games where real money is required to play. Let’s say you are a Blackjack player and you bet $ 25 on each hand. After playing 1,000 hands, if you have $ 700 in your account you can withdraw that amount in full. This may seem normal to you if you are unfamiliar with how internet casino bonuses work because it is not common. Most of the bonuses are not withdrawable, and we will talk about them below.
Non-withdrawable bonuses are generally presented identically to those that are withdrawable. They contain a percentage, such as 100% or 200%, along with a maximum amount. The difference is that when you finish playing and are ready to withdraw the money, the non-withdrawable bonus will disappear from your account. They are also called “play-only” bonuses.
If we were to use the same example above, you could only withdraw $ 200, because the $ 500 bonus would be subtracted from your account balance before you could withdraw it.
Free Spins Bonuses
Free spins bonuses are a lot like free chip bonuses. They can also depend on making a previous deposit and be both withdrawable and non-withdrawable. A free spins bonus allows you to make a certain number of free spins on slot machines. These free spins are generally restricted to a certain machine on which it is necessary to perform all the spins.