Online casinos offer many bonuses, and working out the best casino bonus for you can often take time. In this guide to the best casino bonuses, we’ll break down the jargon to explain the difference between a deposit match, deposit bonus, free spins, and more. We’ll explore how each bonus works and the benefits they bring. Let’s move on to our guide to online casino bonuses.
What are online casino bonuses?
Simply put, it is a bonus awarded to a player who is a member of an online casino such as Gambino Slots. Bonuses are awarded to players for making deposits, being loyal to the online casino, or participating in seasonal promotions. An online casino bonus can be used at an online casino brand and is sometimes limited to certain games or types of tournaments.
What types of casino bonuses are there?
The main casino bonuses offered at online casinos are deposit bonuses, no-deposit bonuses, casino credit, and free spins bonuses. Each bonus will be described in more detail in the section below.
Deposit Bonus
Popular among online casinos, you will likely receive a matching deposit bonus when you join. This works by rewarding you with a deposit percentage as a casino bonus. Say you sign up at a casino offering a 100% deposit of up to $1,000. When you deposit $1,000, you will receive a $1,000 casino bonus that you can use to play at the casino. Most of these bonuses will have a wagering requirement attached, and we will look at this in more detail in this article.
Deposit Bonus
Similar to the matched deposit bonus explained above, the deposit bonus is awarded for making a certain deposit amount. The promotion description will define the amount, and additional terms and conditions associated with the bonus will also be displayed there. Terms and conditions include wagering requirements and bonuses only earned when playing certain games.
Free Spins
If you’re a fan of online slots, you know all about free spins. This casino bonus can be credited to user accounts as part of a new user offer or regular campaigns. A specific number of free spins will be added to the user’s account, and each one will have an amount that will not be refunded as part of any winnings.
How do wagering requirements work?
When a casino bonus is offered, a wagering requirement is usually attached to the bonus. This means that to withdraw the bonus amount and any winnings, you need to wager the casino bonus amount multiplied by the wagering requirements. To illustrate this, we will use a 100% deposit match up to $1,000. This casino bonus has a 10x wagering requirement, so you deposit $100 and receive a bonus of $100. To withdraw the bonus and winnings, you’d need to wager ten times $100, which is $1,000. Most bonuses also attribute specific percentages to types of games. Using the same bonus, splits are as follows:
- Slots: 100% multiplier
- Video poker: 20% multiplier
- Table games (excluding baccarat): 20% of the multiplier
- Live table games (excluding live baccarat): 20% of the multiplier
- Baccarat: 10% of multiplier
- Live baccarat: 10% of multiplier
Using the same example as above, the betting amounts per game type are as follows:
- Slots: $1000
- Video poker: $5,000
- Table games (excluding baccarat): $5,000
- Live table games (excluding live baccarat): $5,000
- Baccarat: $10,000
- Live baccarat: $10,000
Thus, the system of bonuses needs to be more complex to understand. The main thing is to read all their characteristics and conditions for the game. This will help you be more confident in the final choice and thoroughly understand the game.
