It’s quite amazing how online casinos have completely revolutionized the online gaming scenario in a few years. So what is it about online casino that makes people keep coming back for more? There is, of course, the ease and convenience of playing from the comforts of your home. But more than that, it’s the various offers and bonuses offered in online casino that lures more people to come play. These bonuses offer better benefits when compared to traditional casinos. However, these bonuses also come with their own terms and conditions. A player needs to fulfill these requirements to claim the bonus. These bonuses are of many types. Let us look at the different types of bonuses and some of the conditions that come with them.
Bonus Types
An online casino offers various bonuses to its customers to bring them in and keep them interested. There are many types of casino bonuses. The most common types of casino bonus offers are welcome bonus, no-deposit bonus, reload bonus, free spins bonus, loyalty bonus, VIP bonus, game-specific bonus, and referral bonus. Welcome bonuses are offered to new players when they sign up with a casino for the first time. No-deposit bonuses are also offered to new customers but here they don’t have to deposit any money for sign up.
On the other hand, reload bonus is offered to existing players whenever they top-up their deposit. Similarly, loyalty and VIP bonuses are offered to existing customers to reward their loyalty and keep them interested. Free spin bonuses offer free spins on the slots and other games and can be very lucrative. Similarly, referral bonuses also can be earned by referring the casino to a certain number of people! Game-specific bonuses are, as the name suggests, are offered only for specific games. For example, free spins of the slots, etc. These bonuses also require players to fulfill certain conditions and play the games before they can cash out.
Bonus Terms and Conditions
All bonus offers come with their own set of terms and conditions that a player must fulfill to cash out the bonus or winnings. Some of the most common and noteworthy terms of most bonuses are as follows:
Wagering Requirements
Wagering requirements or play-through requirements stake how much money you need to stake in order to cash out your bonus amount. They tell you the number of times you have to stake or bet your deposit amount, bonus amount, or both in order for the bonus to be cashable.
Game Restrictions
Game restrictions tell you which games are tied to the bonus and which aren’t. When you claim a bonus, some games like online slots have very low wagering requirements than other games. Also, certain games are not allowed to play with a bonus. And if you a play a game that is not allowed, you may lose your bonus and winnings.
Withdrawal Limits
Withdrawal limits specify the amount you can withdraw from your account. Once you claim a bonus and clear the play through, there is a maximum amount that you can cash out on top of the bonus itself. You are not allowed to take anything beyond that amount.
Cashable Bonuses
Another condition to consider is whether the bonus is cashable or not. Cashable bonus is one that allows you to withdraw your winnings after you clear the wagering requirements. Some bonuses are not cashable and are paid in game chances like free spins. Cashable bonuses often have higher wagering requirements.
As the say, ‘fools rush in where angels fear to tread’. So, don’t get distracted by the tempting offers. Read all the given terms and conditions carefully before claiming a bonus.
