Online casinos offer many bonuses. When you are offered any bonus, it's essential to be aware of the terms and conditions. Different casinos have different rules but the information below is all you need to be aware of about bonuses, without delving into the specific rules of every casino.
The Welcome Bonus is something which is available at all online casinos. It's definitely beneficial, allowing you to bet more to win bigger prizes as well as prolonging the time to play your money. Casinos usually provide a large welcome bonus, however, sometimes you might be offered numerous bonuses or a continuous bonus.
Sometimes, a bonus can be "sticky" which means that it can't be cashed out with your winnings. There could also be a maximum value that you can withdraw. This is usually the case for no deposit bonuses, whereas deposits are usually cashable and don't come with any maximum withdrawal restrictions.
One example could be to offer a $60 free chip (or "no deposit bonus") that has wagering conditions (explained below) and a maximum cash-out of $300. It is a typical'sticky bonus' so make sure you fulfill the wagering conditions. If you have more than $360, request an outlay of $360 to get the maximum cash-out of $300.
Make sure you read the bonus terms and conditions before you decide to play with the bonus. You'll be able to review the bonus conditions and requirements, which can vary from one casino to another.
Although most casino bonuses are geared towards slot games, a few casinos provide bonus codes for table and card games. Some even allow players to play any game with certain restrictions. It is crucial that if you choose to take advantage of a slot bonus, that you do not play games that are not restricted (like blackjack and roulette are generally prohibited) or else you risk forfeiting any winnings. It is therefore crucial to understand the terms and conditions for the bonus at that casino.
Many bonuses come with wagering requirements (WR) which prohibit you from withdrawing money until you have wagered a specific amount. Certain people do not play with bonuses. It is possible to play without bonuses by not redeeming coupons prior to depositing or, if the bonus is automatic , you can request customer service (via live chat or email) to stop the bonus from being applied to your deposit(s).
MicroGaming bonuses have the WR (a multiplier) of x. This is usually 30x. Bonus credits are transferred to your cash balance as you bet. But you still need to complete the WR before you can withdraw.
The WR of most bonuses at Playtech or RealTimeGaming casinos is Deposit + Bonus x. This multiplier, usually 20-30x, is the one you see on the vast majority of bonuses. play games on zoom don't really like this WR system as it throws the deposit into the equation.
The two systems will be compared using an example of $100 is the amount that is put into 'MG Casino (MicroGaming) as well as $100 at 'RTG Casino (RealTimeGaming) to illustrate. In 'MG Casino' the WR would be $100x30= $3000. In the 'RTG Casino' the WR is $100+$100 x 20 = $4000. This is a huge contrast when you consider that the WR at RealTimeGaming casinos is typically 25x to 30x.
Betting on casino games will result in wagering. Different types of games are weighted differently in terms of wagering. This is the case if you are allowed to play different types of games in conjunction with the bonus. Roulette and blackjack are weighted less than slots, if you're allowed to play all of them. Some games don’t count in any way. Slots are generally valued at 100%, meaning every dollar spent counts as a dollar towards the WR.
Although these wagering requirements seem excessive, playing slot machines can return your winnings, and cause you to forget the money you've spent.
Personally, I enjoy playing with bonuses because it allows me to enjoy more time to play on my money.
Before you play, be sure to read all Terms and Conditions. Some bonuses don't allow you to play specific games. If you do, the online casino is entitled to cancel the bonus and any winnings.
Canadian who enjoys online casino gaming, I want to give my experience and knowledge to assist others.