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A casino bonus is an offer that was first seen at land-based casinos. When players exchanged money in to chips they got a little extra in addition to their “deposit”. This was called a bonus. Today, this kind of offer is very common on online casinos and most websites offer you 100% extra or more on your first deposit.
This is called a welcome bonus, and it is the casino’s way of marketing towards new customers. A welcome bonus can come in a few different shapes and sizes, but usually it contains either bonus money you receive on registration, bonus money you receive on deposit or free spins.
Casino bonuses are not real money, since they have to be wagered to turn into real money. Wagering means that you have to bet your money on a casino game a certain number of times. Wagering requirements usually range between 20 and 60 times the deposit, so if you have a wagering requirement of 20, then you’ll have to bet your bonus money 20 times to convert them into money you can actually withdraw.
Casino bonuses are one of the biggest expenses a modern casino online have at the moment, and the expense ends up under the casinos marketing budget.
The amount and the wagering requirement is usually where most casino bonuses differ. Standard is you get 100% bonus up to approximately 1000 USD/EUR/GBP with a wagering requirement of 30-40 times the bonus amount.
There are, however, bonuses that are completely without any wagering requirements. Most commonly, it’s free spins bonuses, which you can get up to 20 no deposit free spins on registration. However, there are also deposit bonuses where your deposit is doubled and you get a bonus that does not need to be wagered.
In that case, the bonus works as follows:
The trend right now is that more and more online casinos choose to offer this kind of casino bonuses, just because it’s better for both parties.
When talking about bonuses you get without making a deposit, we usually talk about free spins. However, sometimes you can get up to £/$/€10 free to play with at selected casinos. However, this varies depending on the casino offers. What you usually get is around 20 free spins on Starburst or any similar casino game, but as we said, there are exceptions with much higher no deposit bonuses.
There are a lot of things to consider when choosing a casino depending on what bonus offers are offered, but here are the five most important things to keep in mind: