Understanding Casino Bonuses
Advertising is the heart of every business - and the most efficient advertising tools used by online casinos are usually their bonuses. Deposit matches, cash back offers, no-deposit bonuses are not all created equal, though. There are some rules and conditions you need to understand to make the most out of them - and to avoid unpleasant surprises. Let's take a quick look on the most usual ones you can meet at an online casino.
1. No-deposit bonus
The no-deposit bonus sounds like free money - and it is, as long as you don't try to cash out. These bonuses are offered to new players at their first time at an online casino. The no-deposit bonus is perfect to test drive a casino, try out the games, get familiar with the interface and play around for a while. What you need to understand about no-deposit bonuses is that most of the times they are non-cashable - meaning that you can't cash out the bonus amount itself, but usually only a share of the money you won using it, and only after fulfilling certain conditions. No-deposit bonuses have a time limit most of the times, after which they are subtracted from the players' balance after a set time (hours or days, depending on the casino). Cashing out winnings generated using a no-deposit bonus is conditioned by making a real money deposit.
2. Deposit bonuses
The deposit bonuses are those offered by operators when players make their deposits into their casino accounts. These are always matching the players' deposits in various percentages - 25% to 1000%, depending on the casino. This means that when you make a real money deposit, you get bonus money equal to 25 to 1000 percent of the money you deposited, under certain conditions.
Deposit bonuses always come with play-through requirements to become cashable. For example, a 100% match on your deposit with a 30x play-through requirement means that you need to play through an amount equal to 30 times your deposit and bonus amount in order to become eligible for a real money withdrawal. The requirements usually specify which games you shouldn't play, which games you should, and how long you have to complete them.
Sometimes deposit bonuses also come with a maximum cash out limit. This limit specifies how much of the winnings generated using your bonus amount can be transformed into real money. Look for such a limit before making your choice.
3. Complementary points
Online casinos have the habit of rewarding their loyal players with complementary points in amounts depending on how much money they spend at the casino. These points can be transformed into rewards - cash, free spins, entries to various exclusive tournaments and sometimes real life prizes. These rewards work in a way similar to deposit bonuses, only you need to complete the requirements before getting the bonus - The more you play, the more bonuses you get.