We, at CasinoWow, welcome you to our guide of casino bonuses. It is our aim to make an expert gambler out of you. In order to do this, you will need to be educated on the ins and outs of online casinos. Knowledge breeds confidence, and confidence breeds success.
Firstly, we are sure that no one has to tell you that the internet is a gateway to never-ending sources of information, entertainment and enlightenment. Advanced technology and IT breakthroughs have led to huge business opportunities online. The gambling industry is no exception.
There are hundreds of online casinos on the web that can now offer you a plethora of games entertainment. The flooding of the market in this way comes with many challenges, amongst which competition from rivals is the leader. This has meant that online casinos have had to dig deep to promote their sites and win over customers via promotional drawcards.
The primary way in which online casinos draw patrons to their casinos is by way of special offers and bonus offerings. These bonuses are not only designed to draw first-time players onto the site but many are designed to keep them coming back time and time again.
This guide is an introduction to casino bonuses. We will endeavour to educate you on what casino bonuses are, in what form they come, as well as provide some intensive background information on their terms and conditions.
Before we go on to summarise the most popular forms of top casino bonuses available online, it is important to understand that bonuses will come to you in 3 primary ways. These categories will not be found named at a casino, but by briefly reading the terms and conditions of the bonus, you will know what the character of the bonus is.
When a bonus is offered to you, there are times that you will be able to withdraw the bonus funds and all winnings made with it. These are cashable bonuses. There will be Wagering Requirements (please see “Wagering Requirements” further down in this guide) that will have to be satisfied first, but once this requirement is met, the money is all yours. Generally, the Wagering Requirements are quite stringent for this type of bonus.
This type of bonus can be used to wager on various games, but you will not be able to withdraw the bonus, ever. You will, however, be able to draw on the winnings made with the bonus after the “Wagering Requirements” have been met. If you received a bonus of €200 and won €50 with it, technically, you will only be able to withdraw €50. After you have conducted a pay-out, the bonus will disappear from your profile.
This is similar to a Type 1 Sticky Bonus, but with a slight change in the conditions. Here, once you withdraw, the bonus will remain in your bankroll until its expiry date, which means that you can continue to benefit from the bonus offered after you have made a withdrawal.
Here, we will introduce you to 7 popular deposit bonuses:
These types of bonuses almost always have Playthrough Requirements, or Wagering Requirements, combined with a maximum limit withdrawal. The two most popular bonuses in this category are:
You have read the phrase “Wagering Requirements”’ throughout the course of this guide. The term refers to a specific set of conditions whereby you must wager your bonuses a certain number of times before you can collect on the winnings.
For example, if a Match Bonus of €100 is subject to a Wagering Requirement or “Playthrough Requirement” of 25x, then you will need to wager that €100 through various machines 25 times before you can draw on wins. That means that you will need to wager at least €2500 before you qualify for any withdrawals.
Casino bonuses are just that – bonuses. Although they may come up with terms and conditions, they are almost always a “leg up” strategy. Free money is free money, and an extra edge you can gain at a casino is vital, as you must realise that you are already on the back foot the moment you start playing at a casino. They are businesses that will most probably beat you, so the odd helping hand to boost your bankroll should never be shunned.
Having said the above, casino bonuses are never as black and white as they may seem at face value. There are pros and cons to each one.
Pros to Casino Bonuses:
Cons to Casino Bonuses:
Always remember to only accept casino bonuses from reputable casinos. Our list of vendors is guaranteed to treat you fairly, as each has been tried and tested for fairness and efficiency and has passed with flying colours.
We have made you aware of what is out there, as well as the things to look out for when selecting bonuses, but if you would like to read up in detail specifically on one of the casino bonuses offered, please feel free to look at our other Online Casino Guides.
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