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We all know that online casinos offer bonuses and promotions. The prospect of claiming a chunk of change before you start betting is always alluring. How do casino bonuses really work, though, and why do betting sites offer them? We’ve decided to tackle this question in this short guide. Join us as we explain everything casino players want to know about bonuses and promos.
Why Do Casinos Offer Bonuses and Promos?
Online casinos don’t offer you bonuses and promotions out of the goodness of their heart. Don’t be silly. The primary reason why they do this is to make themselves stand out from the crowd and to win you over. They want you to join their betting site over any of their rivals. One of the best ways to guarantee your signature is to offer you a wealth of free bonus funds or free spins. Of course, there’s nothing wrong with that – assuming the terms and conditions are fair. What should you look for? We’re here to walk you through the main ones.
Game Eligibility Explained
Game eligibility is everything when it comes to casino bonuses. Game eligibility refers to which games you can use your bonus on. At some casinos, you’ll be able to play your bonus on virtually any games supported at the site. At others, table games such as blackjack, baccarat or roulette may be excluded. On some sites, live dealer games are not eligible, as they may have their own dedicated table game bonuses. Either way, you can check a bonus’ Ts and Cs to find the game eligibility list and see what you can use your bonus on.
Wagering Requirements Determine a Bonus’ Value
Wagering requirements will be second nature to any seasoned player. If you aren’t familiar with them, here’s what you need to know: The casino isn’t giving you a stack of cash for free. They are going to ask that you wager that bonus several times before you can withdraw any winnings acquired from it. These are known as wagering requirements, playthrough rates and rollover requirements. The industry standard is anything from 25x up to 40x the bonus received. Of course, the smaller the wagering requirements, the better.
How Much Do You Need to Deposit?
Each bonus will have a minimum deposit limit. This is the figure that you will need to deposit to claim a bonus. For most deposit-based offers, we’d expect to see minimum deposit limits ranging from $5 up to $25. No deposit bonuses – clearly as their name suggests – do not require a deposit. Similarly, there will also be caps on how much you can deposit to claim an offer. That will be clearly listed in the Ts and Cs, too.
Maximum Bet and Maximum Win Caps
Some bonuses and promos (but not all) will have maximum bet and maximum win caps. These tell you how much of your bonus you can spend per spin or per hand and how much you are entitled to win in real money through bets made with your bonus. Naturally, you want high caps for both for the bonus to be valuable.
What Are Bonus Codes, and Do I Need to Opt In?
Some bonuses and promos have bonus codes attached, and some need you to opt in. When there are bonus codes, they will usually be displayed on the promotions page. You can enter them in a dedicated box when you deposit. To opt-in to promotions, you can either tick a box on the deposit page in your account settings or contact customer support. Some bonuses are triggered automatically. The main purpose of this feature is to ensure that players who don’t want bonuses don’t receive them and to help the casino better understand which bonus they want to claim.