How Bonuses Work at Internet Casinos
There are so many different online casino bonuses out there today for players to take advantage of and most of them work pretty much in the same way. One of the most common of all online casino bonuses is the Deposit Bonus (matching deposit bonus) and this works as follows:
When you deposit into a casino which you have registered with, they may be offering a 100% matching deposit bonus worth $/€/£100. This means that the casino operators will double your deposit when you deposit anywhere up to a maximum of $/€/£100.
It would be pointless depositing $/€/£500 if the maximum bonus amount is only $/€/£100. In this case, if you deposit the full $/€/£100, you will receive $/€/£100 on top of your deposit, giving you a grand total of $/€/£200 to play with. Also remember that there is usually a minimum deposit amount and this could be anywhere between $/€/£5.00 and $/€/£30.00.
When you have made your deposit, you should receive your bonus funds straight away, but one of the things that players tend to overlook is the wagering requirements. Basically, before you can withdraw your cash, you need to have wagered your bonus amount ‘X’ amount of times and sometimes you also need to wager the deposit amount as well.
Therefore if you deposit the full $/€/£100 and the wagering requirement is 25x times (+ deposit amount), you would need to wager a total of $/€/£2,600 in the casino before you could withdraw your cash. This is fairly standard practice at most of today’s online casinos. However not all online casino bonuses have these strict wagering requirements.
The other thing that you need to remember is that these wagering requirements (which are also known as playthrough requirements) must be completed within X amount of time. This time limit could be one week, one month or even one year, so always make sure that you read through the full terms and conditions before you accept any online casino bonuses.
Some of the other great online casino bonuses which are also widely available today include No Deposit Bonuses, Refer a Friend Bonuses, Alternative Payment Method Bonuses, Anniversary Bonuses/Birthday Bonuses and Cashback Bonuses.