It seems like every other week a new online casino is blossoming into existence. This is, of course, great for casino game enthusiasts, who are granted the luxury of more options. After all, more players in the market mean better deals for consumers, and as the new sites fight for attention, they are sure to provide increasingly better deals.
But a by-product of so many online casinos, and so many bonuses and promotional offers being thrown around, is that it can get pretty confusing. Which deals are the best? What are the terms and conditions of the bonus cash and free spins?
Assume you are logging on to the best pokies app around, only to be told that you have a bonus amount of $500 being awarded. It almost seems too good to be true, right? Like the casino is just giving away free money. But of course, no one gives away free money, or they would be going out of business next week Tuesday.
When bonus cash is awarded at a casino, it comes with certain terms and conditions applied. So before the bonus cash can be withdrawn, the requirements must be met. This is to ensure that sneaky people aren’t simply signing up, accepting bonus cash, then withdrawing it and running for the hills.
A wager requirement for bonus cash will normally look something like this; 10x. This means that the full bonus amount must be wagered 10 times before the cash can be withdrawn. But keep in mind that each individual casino will specify wager requirements, so be sure to keep your eyes open.
Free spins are pretty straight forward. They allow a certain number of free spins to be played on popular slots. In this case, the spins are generally limited to a specific slot. The spins are taken, and the winnings are earned into an account. But earnings made in this way will very likely also have wager requirements, and need to be bet a certain number of times before the amount can be withdrawn.
Deposit bonuses are easy to understand. They will normally be based around a matching to a certain amount concept, written as; 100% match up to $500, for example. This means that if a deposit is made into an account of $200, an additional $200 in bonus cash will also be deposited. The amount will, of course, have wager requirements attached.
Take not that the match is only up to a certain maximum amount. So in the above example, if a deposit of $505 was made, the bonus amount would still be $500.
Read Before Accepting
This is all you really need to know about bonuses. But be sure to read the specifics of a bonus before accepting it, so that you fully understand what it is that you’re agreeing to and how to manage your money. Bonuses are normally a good way to get acclimatised to a new site, allowing you to see what is on offer while having the potential to earn big payouts. Good luck.