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Cool Cat Casino
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What are Online Casino Bonuses?
Online gambling bonuses are special deals offered by the casino to entice you to sign up and play on their site.
Bonuses come in lots of different forms but the most common is called a signup bonus, or welcome bonus, and you get it when you open a new account. Most welcome bonuses match your first deposit up to a maximum dollar value.
Types of Bonuses
In the online gambling world there are lots of different kinds of bonuses and it pays to learn about them all.
Smart gamblers take advantage of as many bonuses as possible and in this section we’ll explain the ones to watch out for.
Watch Out for Game-Specific Bonuses
We covered a few of the main ones including free spins, free bets, and freerolls, but it’s important to keep an eye out for big bonuses that reward you for playing games you already love to play.
We’ll cover playthrough requirements in the next section but suffice to say, a bonus isn’t much good if it only applies to games you don’t want to play.
Watch out for special bonuses for poker, sports betting, slots, and other popular casino games and choose the ones that match up with your favorite games.
Online Casino Bonuses: Some Strings Attached
What are Playthrough Requirements?
The money you get from online casino bonuses usually can’t be withdrawn until you’ve wagered it a certain number of times.
These conditions are called the bonus’s “playthrough requirements”. The specific terms vary depending on the casino but once you’ve cleared your bonus it’s yours to either withdraw or use to continue playing.
Online betting deposit bonuses offer big value but they also come with some conditions. That’s because online casinos would go broke fast if you were allowed to withdraw the bonus money without ever making a bet.
To make sure the casino makes money from your deposit, players are required to wager the money a certain number of times before cashing out.
Let’s look at a typical example to make it really clear.
- You sign up and deposit $100
- The offer available is a 100% match bonus
- Your bankroll starts with $200
- The playthrough requirements of the bonus are x20 - Meaning you must wager the bonus money 20 times before you can withdraw it.
- $100 x 20 = $2000
- You must make wagers totaling $2,000 to clear the $100 bonus
Some bonuses come with time limits in which to complete the playthrough requirements and others restrict the games and limits you can play to clear the bonus.
Playthrough requirements are an important factor to consider when looking at bonuses. Sometimes choosing a bonus with a smaller cash value but looser requirements can be the smart move.
Choose the Right Currency and Banking Method
Most major online casinos accept lots of different currencies and deposit options but sometimes using the right ones comes with a reward.
Use Your Native Currency
First of all, it’s always best to stick to your own country’s currency if possible. Depending on where you live, however, that might not be an option.
Not having to convert your currency when you deposit and withdraw will save you money and you’ll be able to access your bonus funds instantly.
The banking method you use to make your deposit can also affect the kind of bonus you’re eligible for. Some sites offer special bonuses and encourage you to use specific deposit options like Visa, Mastercard, or Paypal in order to get the online casino’s best deal.
They might seem like little things but in the long run they add up. Make sure you’re getting every dollar you’re entitled to as a customer of a top-rated online casino.
Don’t Miss Out on the Biggest Bonuses
Not getting a big bonus when you sign up for a new casino account is like getting a birthday cake and not blowing out the candles. You’re missing out.
A big bonus kicks things off right by usually at least doubling the money you have to play with.
But how do you know who’s offering the biggest online casino bonuses at the exact time you decide to sign up? Check out our reviews and easily compare all the different deals and the different sites to see which one is the right fit for you.
What is an online gambling bonus?
An online gambling bonus is a reward given to players by the casino. There are various types of bonuses available but the main aim of these bonuses is to entice players into signing up to that casino and keep on gambling.
Which sites offer the best bonuses?
We recommend the best casinos for generous bonuses and offers all year round. Make sure to check out our list of approved sites to benefit from top rated bonuses and ongoing promotions.
Can anyone redeem a bonus?
If you’ve been awarded a bonus, you can redeem it. However, there will be wagering requirements attached to every bonus. These requirements will different depending on the online site’s rules and regulations.
Do I have to deposit real cash first?
Depending on the type of bonuses. You will not have to make a deposit for the ‘No Deposit Bonus’. However, most bonuses require you to make a real money deposit before acquiring a bonus on the site.
Can I withdraw the bonus money?
Yes. However, every site has its own playthrough requirements so make sure to check out the online site’s rules before signing up to a casino.
Should I always take the biggest bonuses?
Not necessarily. Big bonuses might have an exaggerated amount of wagering requirements which will not make it worthwhile. Always check out the regulations of that bonus and casino before accepting any terms.