Online casino operators use lucrative promotions as one of the main tools to attract new customers. We have generally been witnessing a boom in the online gambling industry in the past couple of years. New casinos keep emerging on a daily basis, and the vast majority of them come up with some sort of a special offer for new registrants.
The principle is quite simple – we open any gambling-related website, i.e.
CrushingCasinos.com, and we will instantly see large banners saying “Claim $500 free now”, or “Get 300 free spins on Starburst”. It is hard to resist the temptation of clicking the button. Once you click it, you are already committed and there is a high chance you will actually create an account with that specific operator.
While there is by no means anything wrong with it, we would like to help you get prepared for these offers because you may well end up disappointed. Keep reading and learn more about the most important information you need to check before claiming any online casino bonus in 2023.
Always read terms and conditions first
The inaugural thing you want to do before joining a certain casino and opting-in for its thrilling offer is to check the terms and conditions associated with it. While the terms & conditions part is usually boring in any other case (we all skip it), it can make all the difference in this industry.
The particularly significant part of the online casinos’ terms and conditions is related to the wagering requirements. No casino will give you the bonus money and allow you to run away with it. To be able to fully release the bonus funds, you are required to play them through (wager, bet) a specific number of times in a specific time frame.
For example, if you run into a $100 bonus with 50x wagering requirements, it means you have to bet $100 as many as 50 times ($5,000) before being able to withdraw the money. Finding bonuses with good wagering requirements is one of the best ways to make money online in 2023.
Learn the bonus categories
Understanding distinct types of bonuses is another very important element in maximizing your perks. Nowadays, the casinos are pretty innovative with a wide array of special bonus features. The most common ones include the following:
1. Free Spins
Free spins can only be used on slots. Nevertheless, they are highly popular just because of the popularity of slots. The casinos usually link them to their hot titles or some of the latest additions to their gaming catalogs (a great way to advertise them). With free spins, you get to spin the reels for free. However, these free games also come together with specific terms and conditions. These can include, for example, that you first have to wager the winnings of the free spins 1 to 35 times.
According to newcasinos-au.com, certain conditions may apply, such as the use of specific games. In any case, it is worth studying the terms and conditions of the respective provider more closely so that there are no surprises.
You can’t cash out the potential winnings before meeting the roll-over criteria (similar to the one bound to regular bonuses). If you did that, the entire bonus would be reversed. However, the user cannot incur any negative credits as a result of this. Rather, this procedure is to be understood as a kind of emergency plug, which the user can pull at any time.
2. No Deposit Bonuses
This is probably the most desired type of bonus for the players. The casinos give away a certain amount of money completely free to the new registrants. However, since the players tend to just play with that money and disappear from the casino without ever depositing, these bonuses have become rare in modern days.
If you did that, the entire bonus would be reversed. However, the user cannot incur any negative credits as a result of this. Rather, this procedure is to be understood as a kind of emergency plug, which the user can pull at any time.
3. Tournaments & Cashback Bonuses
Tournaments are not as common as free spins or standard welcome bonuses, but they do represent a great chance for the players to win additional money while playing their favorite games at online casinos. The operators organize tournaments for the players who bet the most money on a specific slot in a certain month.
Cashback bonuses are associated with the net loss a player has suffered while playing the games at a certain casino. The casino will thus calculate the loss (usually at the end of the month) and return a certain percentage of the cashback to the player (in bonus money).
To sum it all up, bonuses can increase your bankroll only if you know how to take advantage of them. Improve your chances against the house by carefully reading the terms and conditions and sticking to the games you know most.
4. Deposit Bonus
As mentioned at the beginning of the article, this bonus type is probably the most famous and widespread. For this purpose, the user is given a bonus that is based on his first deposit. For example, a 100% bonus up to 500 euros means that the casino doubles the amount of the first deposit up to a maximum of 500 euros.
Afterward, the balance must be wagered 1 to 50 times with the provider’s games before a withdrawal is possible. Slots usually count as 100% of the turnover and table games from 20% to 80%. This bonus is very well-known, available in high amounts and quite easy to understand.