All online casino will offer you some sort of incentive for joining in the form of a welcome bonus. The bonuses offer you a chance to try out real money online casinos without risking any money. There are however always some conditions attached which make bonuses the biggest source of complaints.
In the early days of online gambling bonuses were very simple. You made a deposit placed a couple of bets and then you could cash out. Today things are a bit more complicated and there are lots of different bonus types. Some of the more common bonus types are listed below.
- No Deposit Bonus
This is as the name suggests a free chip, usually between $10 and $20
- Free Time Bonus
A relatively new type of deal where you get a lot of casino credits and a set amount of time to play. For example you might get $1000 free with one hour to play. The catch is that you can only keep a set amount of any winnings and often have to make a deposit to collect them.
- Match Bonus
The first type of bonus that online casinos offered. You make a deposit and then get 100% more added to your account
- Sticky Bonus
The name gives a big clue about these types of bonuses. They are added to your account but can never be withdrawn. You can only withdraw an amount over the actual bonus.
No matter which type of bonus the casino you are about to play at offers you should always read the full terms and conditions before you start playing. The terms will outline the wagering requirements as well as any other limits such as games not allowed for the wagering.
Wagering requirements are now used for all bonuses. The actual amount you have to wager varies from casino to casino so again you need to read the terms and conditions. Lets look at an example,
- 100% Bonus of $100 with D + B X10
This means you will get a $200 casino balance with a $100 deposit and need to wager 10X the deposit and bonus for a total of $2000
You might be thinking that it will be difficult to wager $2000 with only a $200 balance but you have to keep in mid that the wagering includes all bets, win lose or draw so you can quickly wager your deposit multiple times especially if you have a bit of luck on the way.
Some games such as craps and roulette tend to be disallowed for the wagering requirements. This is because players would simply make two bets on opposite outcomes and in turn take no risk to reach the required amount of bets. This should never be done today as you will find your casino account gets closed pretty quickly and any winning may be void if you try this technique.
If you prefer not to have any wagering requirements then we suggest asking the casino to not apply any bonuses to your account. All good casinos are happy to do this and if you play regularly you will probably get some extra credits added to your account with no strings attached.