Online casinos use bonuses as an incentive to attract and retain players. These bonuses come in different types and sizes. They range from welcome bonuses to free cash and free spins to reload bonuses, among other offers. You can use them on spins, table games, and other games. 

In this article, you will learn about these casino offers and whether they are worth your time and money. 

What Are Casino Bonuses? 

Casino bonuses are a rewards method used by online gambling sites to offer players gambling options and free money, which they can redeem at a specific online casino.

What You Need to Know About Casino Bonuses 

While bonuses are freebies, you need to understand many things about casino offers. They come with terms and conditions that players need to meet to fully enjoy them. Also, different casinos offer players different bonus offers. As aforementioned, casino bonuses come in different types and sizes.  

How do Bonuses Work at Online Casinos? 

Offering bonuses is one way casinos help players boost their bankroll by allowing them to play for less money and for a longer time. Casino bonuses either offer players credits or free spins to play with. Since they are divided into various categories, they all work independently.  

For example, players can only use free spins to play the specified slot games. For match up bonuses, players need to deposit a certain amount to have it matched by the casino. They can then use the funds to play their favorite casino games. 

With other bonuses such as loyalty offers, players collect points each time they play casino games. They can then redeem these points for various bonuses, including free play, vacations, birthday gifts, among other amazing offers. 

With some casino bonuses, players need to input a valid bonus code. Upon doing so, the casino’s software recognizes it automatically and activates the player’s bonus by crediting the player’s account with the bonus amount. 

How Are Casino Bonuses Calculated? 

Before you can start using a casino bonus, you need to determine whether it is worth your time and money by calculating its value. With match up bonuses, players get awarded a percentage amount of their deposit. For example, if you deposit 100, you can get a 100% welcome bonus of up to $100. If this bonus comes with a x30 wagering requirement, here is how to calculate your bonus amount. 

Add your deposit amount to the bonus amount to get $200 and multiply it with the wagering requirement that is applied to both the deposit and bonus amount. You will get $6000, which is the total staked amount that a player needs to complete the wagering requirements. 

Another thing to consider when calculating a casino bonus is the return to player (RTP) of the games you must play to meet the wagering requirements. For slots, the average RTP is 97%. That means that if you are playing with the aforementioned bonus, the calculation will be $6000 *3%=$180. that is the amount the casino will retain, which is higher than the initial bonus. Therefore, players lose their bonus amount before they can complete the wagering requirements. 

Another type of casino bonus is free spins. To calculate the value of your free spins, consider The Number of Spins x RTP x Wager. What you get is the value of your free spins. 

Casino Bonus Terms & Conditions 

Online casino bonuses come with many terms and conditions that players must meet before they can withdraw any winnings resulting from the bonus amount. Here are some of the most common terms & conditions. 

Wagering Requirements: These refer to the number of times a player must wager their deposit and bonus amount before withdrawing any winnings. For example, you can get a $100 bonus with a x30 wagering requirement. That means that you must wager $3,000 before you can withdraw your winnings.  

Wagering requirements are a way of ensuring that players don’t just withdraw the bonus amount immediately they receive it. 

Game Restrictions: Casinos specify which games one can play with their bonus amount. The specified game contributes to the wagering requirements. Failing to follow this condition could see a player have to forfeit their winnings. 

Other terms & conditions include: 

• Maximum wager 
• Deposit method restriction 
• Maximum winnings 
• Time limit 

The Different Types Casino Bonuses 

Some of the most common casino bonuses include: 

Welcome Bonus: This is the most common type of bonus, and it is exclusively reserved for new players 

• Deposit Bonuses: The most common deposit bonuses are the match up bonuses where players get their deposit amount matched to a certain percentage. 
• No Deposit Bonuses: With these, players don’t need to deposit funds to redeem the bonus. One common such bonus is free spins. 
• High Roller Bonuses: These bonuses are meant for high rollers only. 
• Free Spins: These are ideal for slot lovers. They allow them to spin the reels for free. 

How to Choose the Best and Most Reliable Casino Bonus? 

Before settling on a casino bonus, do some research to learn what it is all about. You should be able to use the bonus to play your favorite game. So, check the game restrictions under the Ts & Cs. Remember to check the casino wagering requirements. Some casinos impose ridiculous wagering requirements which make it impossible for many players to cash out their winnings. Avoid such casinos and bonuses. Go through all the Tc & Cs to determine whether the bonus is worth your time and money before redeeming it. 

Should I Take Advantage of Online Casino Bonuses? 

Yes, casino bonuses allow you to enjoy playing your favorite games for free. They are a great way of boosting your bankroll, especially if you have a tight budget. Just ensure that you read the terms & conditions to avoid any inconveniences. 

Can I Withdraw My Bonus Bet Winnings? 

If you have met the wagering requirements, you can withdraw your winnings without any problems. If you face any issues, contact customer support for assistance. 

Are Online Casino Bonuses Worth It?

Provided that you are aware of the Tc & Cs, and you are okay with them, you can enjoy casino bonuses, especially when playing for real money. Nobody dislikes free things, and although casino bonuses are not entirely free, they are a great way of enjoying playing casino games for free. Casino bonuses are worth both your time and money.