One of the most effective tools used by online casinos to attract new players are their bonuses - especially those they offer their new players right after they register an account. The experienced casino players already know how these bonuses work, but uninitiated players often make the mistake of not doing their homework, and go head on into something they don't know a thing about. This article is meant to help these beginners understand casino bonuses better.
1. What are casino bonuses?
Casino bonuses are benefits - most of the times funds in play money or free spins on slot machines - offered by the casino to its players in return for registering a new account or making a real money deposit.
2. What types of bonuses do casinos offer?
Casinos usually offer their players no-deposit bonuses / free chips, deposit bonuses and complimentary points.
3. What is a no-deposit bonus?
No-deposit bonuses are bonuses players get without making a deposit to the casino.
4. Can I cash out a no-deposit bonus?
No - no-deposit bonuses are never cashable. The casino usually allows the player to keep a portion of the winnings generated using it (after completing a set of requirements, of course), but the bonus amount can not be cashed out in any form.
5. What is a deposit bonus?
A deposit bonus is a sum of extra money offered by casinos for players who make a deposit to their account. These are usually expressed as percentages (100%, 250%), and have a maximum limit (for example, up to $2000).
6. Can I cash out a deposit bonus?
No, deposit bonuses are non-cashable. The casino allows the player to keep and cash out the winnings generated using them, but only after completing a set of play-through / wagering requirements.
7. What are wagering requirements?
Wagering requirements mean how many times a player needs to play through the bonus / deposit + bonus amount before it becomes cashable. Usually it's 20 to 50 times. Wagering requirements are always listed in the casino's Terms and Conditions.
8. Can these requirements be completed on any game?
Usually they can, but different games contribute in different proportions toward the total amount. For example, red flush online casino slots contribute 100%, while games like video poker contribute only 10%. Check the casino's Terms for details. Some casinos need the requirements to be completed on specific types of games only - playing other games at these casinos can void the bonus and the winnings generated using it.
9. What are complimentary points?
Complimentary points - or comp points - are a way for the casino to reward its players for their loyalty. For each currency unit spent the player gets a number of points, which can be transformed in various benefits - higher cash-out limits, lower waiting time when withdrawing funds, or cold, hard cash.