Casino Bonus Information
The casino bonus is one of the biggest features used by casinos to attract paying customers. This can be said for both brick and mortar casinos or any of the online casinos you can find on the internet today. What the bonus actually consists of will differ between the casinos on the Vegas strip and the online versions. Walk into the MGM Grand and you’ll be offered free drinks, free food, upgrades on your hotel room, maybe some free chips to play on the tables. All of this is designed to make your stay all the more enjoyable and ultimately, to keep in the casino for as long as possible.
Online casinos, on the other hand, don’t need to worry about the material things. So, all of those savings on drinks and hotel rooms are transferred over into bonus money. This is the main reason why online casinos can offer such big bonuses. It’s a lot cheaper to run a website than a multi-million casino building! You will come across many different types of casino bonus as you click from one online casino to another. However, many of them are very similar when you break them down into the bare bones of the offer. Our aim is to explain these to you and make sure you are fully prepared to make the most of any online casino bonus that comes your way!
Before we run through the different types of bonus, we want to explain the two very important details of any bonus – wagering requirements and game contribution.
The Two Important Bonus Details
Like all deals and promotions, you will find that there will always be some terms and conditions attached to it, also known as the small print. Bonuses and any kind of “deal” are designed to look attractive on the outside and to entice you in and make a purchase. However, many people forget to read the small print and sign up for something that they know very little about! This is the magic of marketing, my friends. So, before you register your account and sign up to that amazing Welcome Bonus that offers all of that free money, make sure you understand the full details and requirements that come with it.
The big detail of any casino bonus. These online casino companies are not going to throw free money around with no strings attached. They are in the business of making money, not giving it away for free! With any bonus, you will find a wagering requirement that has been attached to it. What does this mean for you? Well, for the most common casino bonus this means that you have to wager the total amount of your deposit and bonus a certain number of times. Only then can you “free” your money to make a withdrawal. Here’s a simple example to show you what we mean:
Wagering Requirements Example
- Unibet casino has a welcome bonus of 100% up to $200
- You deposit $100 and receive $100 in bonus money
- Your BigWin casino balance is now $200 in total
- The T&Cs state that the wagering requirements are 20x
- Some quick multiplication shows us that $200 x 20 = $4000
- You must wager at least £4000 in bets before you can “free” your money
As you can see, although you have a healthy casino balance of $200 you won’t be able to withdraw any money until you have wagered that $4000 requirement! The wagering requirements do change from casino to casino. The standard wagering requirements are around 30x and they can go as high as 50x. Some casinos have been known to offer as low as 10x and you’ll find some sites have short term deals that go even lower.
The next important factor when it comes to casino bonuses is the game contribution rules. It’s a sneaky section in the terms and conditions that many people miss. You understand the wagering requirements and how much you need to wager before your money is “free”, but now you need to find out what games contribute to the wagering requirements! Unfortunately, you can’t just go and play any game that you like. The bonus is attached to a specific list of games and more importantly, a percentage is also attached to each type of game. Let us explain what this means with another example using the $4000 wagering requirements from earlier:
Game Contribution Example
- You need to wager $4000 to free your money (20x wagering requirements)
The T&Cs state the following game contribution rules:
- You now have some options on how you can free your money and satisfy the wagering requirements:
- If you wagered $4000 on Slot games then 100% of your bets would count towards the wagering requirements. Your money would then be free to withdraw
- If you wagered $4000 on Video Poker then only 25% of your bets would count towards the wagering requirements. You would need to wager a total of $16000 on Video Poker to complete 100% of the wagering requirements.
- If you wagered $4000 on Blackjack then you would not have contributed anything towards the wagering contribution. You would still have 100% ($4000) to wager on the eligible games before you can free up the money.
- You can combine the wagering from different games. As long they are on the game contribution list then they will count towards the final wagering requirements. For example:
- Wager $3000 on Slots to settle 75% of the wagering requirements
- Wager $4000 on Video Poker to settle the remaining 25% wagering requirements
You can now see how the full details of the casino bonus shine a new light on the actual value of the offer. It’s not to say that every welcome bonus is a bad deal but you just need to fully understand what the bonus comes with in terms of wagering requirements and game contribution.
Mr. Casino Bonus Top Tip!
Be sure to read the full terms and conditions of every bonus that you are offered. Once you have worked out the requirements then you can make a judgment on whether it will suit your budget and playing style. Remember, the welcome bonus is not compulsory and it’s only there if you want it!
Casino Bonus Types
No Deposit Bonus
The easiest of all casino bonuses. Some casinos from time to time will offer these no deposit bonuses to new players. All you need to to do is sign up and register an account, a small bonus amount will then be placed into your casino account, usually £10 or £15 maximum. No deposit is required (hence the name!) but there might be some limitations outlined in the T&Cs. For example, the casino might cap the amount of money you can withdraw using the bonus or you might need to make a deposit in order to withdraw any winnings. It’s quite a straightforward bonus and it’s a great way of testing out casinos with no risk on your part.
The match bonus is the standard offer that you will see at most casinos. It’s quite a simple deal where the casino will match your initial deposit with a percentage of bonus money. The most common offer is the 100% match bonus where the casino will double your deposit. For example, deposit £100 and you’ll get another £100 in bonus money, leaving you with £200 to play with in total. You will also see other offers based on 50%. 125%, and 150%. You’ll find that these types of offers are the most enticing because they are designed to attract new customers. It’s important to check the T&Cs with these bonuses to make sure you are getting value for money. Remember, wagering requirements and game contribution are the two key factors!
Free Money Bonus
Free money bonuses can be found from time to time and they sometimes offer excellent value for money. You will usually see something along the lines of “Get £75 free when you deposit at least £25”. If you think about the minimum deposit then you would receive a £100 balance from a £25 deposit, which is essentially a 300% deposit bonus. Whereas if you deposit £75 then you would receive a £150 balance, which is in fact just a 100% deposit bonus! You can get a much better return for your money with this type of bonus when you consider the required deposit. It pays to check the T&Cs and especially the minimum deposit requirements with the free money bonus offer.
The sticky bonus is very similar to the match bonus but the only difference here is that you can’t withdraw any of the bonus money. So if you manage to play and satisfy the wagering requirements then your initial deposit and any winnings that you have accumulated is yours. The bonus is then removed from your account and you can either withdraw or carry on playing. You’ll find that casinos can be very generous with sticky bonuses because they know that the bonus money will be returned no matter what. The great thing for you is that you often get a bigger bank balance to play the maximum bets which can result in bigger payouts!
The exclusive bonus is quite rare and you’ll only find these in conjunction with other businesses. For example, a casino would give a special deal for all readers at a certain magazine. The magazine owner would offer this to his/her readers and the bonus would then only be available for a couple of days after the magazine is released. It’s worth keeping your eye out for this type of offer because they are usually very generous.
Loyalty bonuses are offered to existing customers who regularly play at the casino. The amount of bonus will often depend on your status with small amounts of £5 or £10 to casual players, rising up to larger, generous amounts for the VIP high-rollers. You’ll find that these types of bonuses might not come with any requirements whatsoever. However, they are likely to be only offered to players who have deposited a certain amount of money already.
It’s very common that the casino also gives you a chance to win some free money through “Free Spins”. The Free spins are often credited to you account instantly when you deposit and claim your bonus. It is quite important to read the T&C beforehand so you know what the terms are, because of some casinos offer free spins without wagering requirements and some casinos force you to wager the winnings multiple times before doing a withdrawal. Click here to find the best casino free spins.