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How to Profit from Online Casino Bonuses?

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  • Written by William
  • Posted on October 14, 2019
Home News & Articles How to Profit from Online Casino Bonuses?

In the world of online gambling, the vast majority of online casinos offer multiple bonuses to motivate registration and return visits. Almost all feature welcome freebies which come in different forms – sometimes as no-deposit bonuses and more frequently as a percentage match of the first (or the initial few) deposits and/or free spins.

Being able to win with the casino’s money may be a great advantage but it’s of utmost importance to familiarize yourself with rules and conditions prior to claiming any such deals. These can make one of two seemingly similar offers well worth taking and the other best avoided.

No Deposit Bonus

No Deposit bonus is „free“ money the casino is willing to provide as soon as the player opens an account. It allows you to play and potentially win without having to invest any of your own money so it’s genuinely a risk-free opportunity to generate a profit. However, terms & conditions attached to no-deposit bonuses are frequently much stricter than for other bonus types; wagering requirements may be much higher and there will often be a (relatively low) limit on the withdrawable winnings.

Bonuses can bring you a lot of Money
Bonuses can bring you a lot of Money

Deposit Match

A deposit match requires at least one money transfer. Only by making the first deposit can you qualify for a bonus expressed as a percentage match of the deposited value and a maximum amount that may be credited to your online casino account. In addition to checking the attached play-through requirement, make sure to learn about game contribution. Bets placed on slots generally contribute the most and count 100% while wagers on other games may count as little as 5% or 10% and sometimes not at all. You’ll probably want to claim a bonus offer with as high contribution of your preferred game type.

Free Spins

The Free Spins Bonus is frequently used to welcome new players, either in addition to a deposit match bonus or on their own. They will have a rollover requirement applied to the resulting winnings and possibly also a limit on the withdrawable amount. Spins can sometimes be used on any slot of your choice but more often they’re available to play one or more preselected titles. An offer to spin on the house may be highly appealing depending on terms but this is clearly not a bonus mechanism that will attract a player who prefers roulette, blackjack or any casino game other than slots.

These Casinos Offer Great Bonuses

Important Bonus T&C

Almost all casino bonuses come with a wagering requirement which is also referred to as a play-through or rollover requirement. It means that you’ll have to wager the credited bonus (sometimes in addition to your deposit) a specified number of times before being allowed to withdraw the resulting winnings and potentially also whatever’s left of bonus funds. The wagering requirement can greatly vary between different casinos and you’ll want it to be as low as possible. But don’t forget to check whether it applies only to the credited bonus or both the bonus and your deposit.

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