Welcome Offers for Casinos – Terms and Conditions to be Aware of
There are a lot of various welcome offers that are made available to players at different online casinos.
While we are going to cover some of the types of bonuses that are served up, as well as their terms and conditions, if you want to locate the best promotions, you will have to do your own research, and make note of the top casinos.
Easiest way to find the best casino offers is to visit an affiliate website, that provides information for free. You can niche down as much as you want, and only google “freespins” or “no deposit bonus”.
Surely there is a website that lists those offers. You can also search by casino-type and look for bonuses on for example Pay n Play casinos only. A good example of this is Pikakasinot.pro, that lists fast casinos to its readers to compare.
Deposit Bonus
A deposit bonus is awarded as a match for the amount you deposit.
So, when you make a deposit, your deposit amount is matched as a percentage by the casino. This can be anything from 25%, all the way up to 500%.
Deposit bonuses are very popular in almost every market, as long as the wager requirements are on a reasonable level (more on this later in the article).
Free Spins
Free spins are normally awarded alongside the deposit bonus, but they can sometimes be awarded on their own. Free spins, for example, are spins for video slots, while some casinos will serve up as many as 500 free spins to players.
The free spins are usually set at the lowest stake level, so you can’t win free spins at the top stake.
Many casinos are now offering free spins completely without wager, which is a type of bonus that every player loves.
No Deposit Bonus
This is a bonus that’s awarded without players having to make a deposit. It is normally provided as small amounts of free bonus cash, but they can also be handed out as free spins.
Cashback
Cashback is a bonus that is awarded at the end of a specific time period. Player losses will be calculated, and then players will be awarded a percentage of their losses as cashback.
A typical cashback is around 10% of net losses and it is granted weekly and automatically.
Terms and Conditions
There are lots of different terms and conditions in place for different bonuses. Each casino will have their own set of conditions in place, but some of the more common ones that players will see, are not being able to claim the bonus in certain countries, and the bonus not being available when using e-wallets as a payment method.
Wagering Requirements
Wagering requirements are applied to most casino bonuses. They are essentially the number of times you must play through the bonus.
So, if you have wagering requirements of 50 times, and your bonus was 100 credits, you would have to wager 5,000 credits before you can make a withdrawal of your bonus cash.
Win Caps
These are caps that determine how much you can win from your bonus. They are most commonly applied to free spins. So, you may be capped at winning 200 credits when playing with your free spins, and this value will vary between casinos.
Game Restrictions
Different bonuses can only be used on certain games. On top of this, there will also be weightings applied when calculating wagering requirements. So, table games might only count 20% of the stake towards wagering, whereas slots would count 100%. Again, the amounts will vary between casinos.
There will also be some bonuses that are specifically for one kind of game. So, a live dealer bonus would be purely for live dealer games.
Also, when free spins are awarded, they are often limited to just one or two different slot games.
It is always good to remember, that even with good bonuses, the house really does win in gambling. So play safe and remind yourself that online gambling is only entertainment, that should not be treated as a source of income or a way to escape bad feelings.
