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Online Casino Bonuses
Who can honestly say that they wouldn’t be tempted by the promise of free money? It would be a strong-willed individual indeed – some might even say mad – who would look such a gift horse in the mouth. So when an online casino invites you to play its games with advertised promises of ‘free’ money to spend as you please, should you be beating an unseemly haste to get to its website and sign up like your life depended on it? Well, hopefully this article will help you make sense of the promotional free bonus money the best online casinos offer and use it to enjoy a little more of what you fancy.
Getting down to the nitty-gritty is there really free money going begging at online casinos? Well, yes and no. Casino bonuses are popular promotions that reward new and loyal customers with free sums of money and broadly fall into two categories; no-deposit bonuses that are straightforward gifts of bonus money for a player, and deposit bonuses that add an extra wad of free bonus cash to a player’s account when they deposit certain sums of their own money into it. So you can expect the best online casinos to set you up with some additional funds to enjoy their games, which is all rather attractive. What you can’t do is expect to sign-up, bank a tasty Welcome Bonus then cash it straight out and go spend it elsewhere! This is all perfectly fair, since online casinos are not charities after all and it would be commercial suicide if they allowed players to simply pocket free bonus cash then exit without spending a single penny of it on the site’s games. This is where an understanding of the ‘wagering requirement’ attached to online casino bonuses helps smart players get the best deals and make the best use of the free bonus money they pick-up.
The wagering requirement of a casino bonus is typically expressed as a number of times the bonus money must be ‘wagered’ through a casino’s games before it can be cashed out. A typical requirement is 20x the bonus, so that means if a player received £10, they would have to wager £200 before they could cash out that bonus. Before you dismiss this all as a ‘scam’, don’t forget that some of that wagering will translate into winnings so it doesn’t mean you have to spend £200 to get £10 back. If over the course of wagering the £200 you won back £250, you’d be able to cash out the bonus money and be up on the deal all round! Also, don’t confuse free casino bonus money with your own deposited funds – your money is not subject to a wagering requirement and can be cashed out at any time. One final note on online casino bonuses is that you might find that some games are excluded from the casino’s specific wagering requirement or only contribute a reduced percentage so, where this happens, free bonus money is best spent on specific games.
Overall online casino bonuses are a great way to enhance your spending power when gaming. We’d advise digging into the terms to find the very best deals, but all the best online casinos offer very competitive promotions and viewed as a way to increase the value-for-money you can expect for your custom these free bonus offers are well worth paying attention to.
A wagering requirement is an amount that is needed to be wagered before you can withdraw the bonus or any winnings. For example a wagering requirement of 20 times the sum of your deposit and bonus amount. E.g. for a 100% deposit match when depositing £20 and a wagering requirement of 20X = £20 deposit + £40 bonus x 20 = £1,200 so you will have to play games to the value of £1,200 before making a withdrawal.
Most casino bonuses will have a Contribution Percentage which will apply to the wagering requirement. Slots usually have a 100% contribution and table games 10%. So using the wagering requirement example if you played on a slot then all off your wagering will go towards the wagering requirement but if you played on a table game, say Blackjack, only 10% would go to the requirements. Playing blackjack with £1,200 requirement, at 10% would mean wagering £12,000.