In a bid to maintain absolute customer loyalty, casinos are offering huge bonuses to boost customers’ betting power and increase their customer base. Some bonuses are wrapped around conditions that customers fail to aver their minds to before funding their bankroll. We will walk you through the basics of casino bonuses and how you can get your first bonus at an online casino.
Types of Bonuses
Casinos offer a variety of bonuses, such as no deposit bonuses, playthrough bonuses, loyalty bonuses, exclusive bonuses, and many more. Let’s take turns explaining how these bonuses work and how to earn them.
1. No Deposit Bonuses
This is the simplest and most basic form of bonus you can earn. It is often given to new customers of a casino as some kind of welcome bonus immediately after signing up. There may be simple requirements such as signing up with an email or phone number to receive the bonus and a requirement for some token deposit to activate your bankroll for the deposit.
You should read the terms and conditions to determine which ones apply to you. At some other times, casinos may require a deposit to accumulate to a certain sum before a customer can use or withdraw the bonus.
2. Playthrough Bonuses
This is the type of bonus a casino gives to facilitate traffic towards certain games. The casino may double your deposit as a bonus return, but you must use the bonus and your deposit to play specific types of games before you can withdraw any winnings.
A quick example is a casino offering you a double of your $200 deposit but with the condition that you play certain games and wager up to twenty times using the new funds now available to you. This means you might have to wager up to $8,000. If you wager less, let’s say $40, your playthrough will still be less than zero, and the money cannot be withdrawn. It is complicated, but it is all about maths and having a higher playthrough number.
3. Exclusive Bonus
Sometimes, online casinos partner with third-party websites for promotional purposes. When they do, they offer customers signing up through those websites some bonuses in return. This type of bonus is always exclusive to such websites, and customers can only earn the bonus when they fulfill the conditions indicated on the third-party websites. This is also one of the simplest bonuses to earn.
4. Free Money Bonus
This is an exciting type of bonus where you will need a lot of math. Sometimes, a casino may offer a certain amount of bonus to boost the wagering power of a customer regardless of their deposits. For instance, a casino may offer $100 for any deposit above $50. This means that any customer depositing $60 gets an additional $100, while another customer depositing $1000 still gets the same $100. This type of bonus doesn’t increase as the deposit does.
This is why you need math so you won’t be carried with big bonuses that wouldn’t benefit a customer depositing a larger sum of money. It would be rather wise to spread your deposits across many trustworthy casinos offering a free money bonus rather than fix them in a casino offering just a $50 bonus regardless of your deposit. This way, you get to enjoy various games and have access to more money.
5. Understanding Sticky and Non-sticky Bonuses
You need to understand that bonuses are only meant to boost your wagering capacity. You can almost never withdraw the bonus sum directly. However, you may be able to withdraw the winnings you get from wagering the bonus sum. This is why, generally, bonuses can be divided into two types: sticky and non-sticky bonuses.
The non-sticky bonuses are more flexible. They are the types of bonuses that you can cash out or withdraw after winning and meeting all of the terms and conditions. On the other hand, sticky bonuses come with stringent conditions. Firstly, the bonus money and your deposit cannot be withdrawn until certain playthrough conditions are met and until your winnings are more than the initial bonuses given.
Conclusion
Making your first bonuses isn’t entirely a difficult exercise. You only have to be on the lookout for what’s best for you. In doing this, avoid sticky bonuses at all costs. They are the only initial casino traps that can impede your wagering capacity.
Also, always maximize the opportunity to win free money bonuses when it arises. If you must, calculate well and spread your deposit. However, it is paramount that you consider only bonuses from credible casinos, like JustSpin, if you ever want to withdraw your winnings.