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What is an Online Casino Bonus?

Written by:
Payton
Published on:
Dec/19/2019

Have you ever received a free amount of money or a free bet after depositing in your account? Well, if you have ever received one, then you know the taste of an online casino bonus. The bonus is a free amount that an online casino offers you to attract and keep you.

There exist many online casinos necessitating them to offer bonuses to attract punters. In return, the punters receive the rewards which come with some wagering requirements. While some set hard wagering rules, others are friendly and easy.

Types of Online Casino Bonuses

Different online casinos offer different kinds of bonuses. Some of the standard bonuses among many online casinos you can find in smartcasinoguide.com

  1. The welcome or sign up casino bonus

The welcome bonus is the most common. It is offered to the new punters. While the average amount is $100, the bonus can be given in portions until you receive the total.

  1. Reload bonuses

The reload bonus keeps you gambling on the site despite running out of cash. The bonus is like the sign-up package, and it mostly comes as a 100% match to a maximum of $100 of free money.

  1. Loyalty bonuses

The loyalty bonus is meant to reward long-time gamblers. These players earn points over time, and they can receive bonuses based on these points. The percentages of the bonuses depend on the number of points a player has accumulated.

  1. High Roller bonuses

The bonus is for players who deposit huge sums of money. These receive a fixed percentage of the amount they deposit as a bonus.

All these bonuses are subject to specific terms and conditions. To fully enjoy your bonus, you have to read, understand and abide by all the terms. Failure to do so will lead to the cancellation of your online casino bonus. Besides, you will also lose all the other winnings resulting from that bonus.

How to Get an Online Casino Bonus

Many online casinos offer bonuses when you register an account with them. However, others have some bonuses for their existing customers. These give out the bonuses at any time. But, in some others, you have to meet the requirements of every bonus availed by the casino.

New online casino punters must deposit a qualifying amount to receive the bonus. Yet, some others will offer the bonus like a no- deposit casino bonus.

Bonuses for existing customers need you to play the casino games and reach a certain target. Afterwards, you are awarded. These are hard to earn without a deposit.

What are Wagering Requirements and How Do they work?

Most of the online casino bonuses offered need wagering. It is not possible to initiate withdrawal requests without meeting these requirements. If this happens, you lose the bonus and all winnings obtained through it.

If a bonus of $100 has a wagering rule of 5x, you must stake $100 five times to be able to withdraw from your player's account.

Apart from wagering, you need to meet other requirements specified by the casino. Besides, follow the terms and conditions to avoid cancellation of the bonuses.

 

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