Online casino bonuses explained
Before you play in an online casino, it is worthy to have a basic understanding about online casino bonuses. Then you can learn how to get the most out of online casinos and receive amazing returns. Let’s take a quick look at what these bonuses that you can find in an online casino are all about.
What Are the Requirements for Completing the Game?
The number of times you must bet your bonus before you can withdraw is known as the playthrough requirement. In most situations, the playthrough requirement applies to your whole deposit and bonus, not simply the bonus cash.
A 5x rollover requirement, for example, implies you must bet your deposit and bonus five times before you can withdraw. You would have $200 in your account if you deposited $100 and received a 100% deposit bonus. Before you may withdraw with a 5x rollover, you must wager a total of $1,000.
That doesn’t mean you have to lose $1,000; it just means you have to bet $1,000. The aim is to have enough money in your account at the conclusion of the game to make a withdrawal. If the bonus and deposit are lost in the process, however, you are no longer bound by the playthrough requirement when you make a subsequent deposit. In other words, a 5x playthrough requirement is met when you bet five times the bonus amount and deposit or lose all of your account’s money.
Which bonuses need a certain amount of playthrough?
There is a playthrough requirement for each bonus. Among the most frequent are:
- No-Deposit Bonuses: Bonuses awarded for registering at an online casino, such as the $25 signup bonus.
- Deposit Bonus: An online casino will match a deposit up to a specific sum, up to a specified percentage. The welcome bonus, for example, is 100% up to $250.
- Free Spins: A set of free bets that are only available on certain slots. Any winnings from free spins are usually considered bonus money with a wagering requirement.
Which bonuses have no wagering requirements?
It’s critical to understand all of the terms and conditions before signing up for a promotion. The following bonuses generally don’t have any playtime restrictions, and the important word here is “usually.” However, there are no playtime requirements for these bonuses in general:
Comp Points: Credits earned as part of the online casino’s loyalty program by placing bets.
Cashback: Cashback should be withdrawable if an online casino compensates net losses up to a specific amount, such as the $200 risk-free day at FanDuel Casino.
Does Every Game Count Towards the Playthrough Requirement?
No, not in most cases. Some games do not contribute to the playthrough requirement at most online casinos. Some people will often give less than others.
Slots, for example, nearly always contribute 100% of the required playtime. However, games like blackjack and video poker may only account for 10% of the total. Live dealer games, on the other hand, are likely to contribute 0%.
If you’re debating whether or not to use a bonus, this is critical information. Although a 5x playtime requirement is desirable, if you only play a game that provides 10%, the playthrough is effectively 50x. That’s a disaster.
At the same time, if all you do is play slots, you’ll be OK. Certain games, such as the most recent releases, may not contribute, although this is an uncommon occurrence.
Now you have a basic understanding about bonuses that are present in online casinos. Make sure that you go ahead and get the most out of these bonuses.