Casino Bonus 101 – Actionable Tips for Using Casino Bonuses to Maximize Winnings
Online casinos have become quite an attraction in the past year, as people are compelled to spend more time at home in an effort to limit the implications of the pandemic. The ability to play at your own convenience, whenever and wherever, attracts not just experienced players but newcomers as well. People who have never set foot in a land-based casino are now interested in trying their luck in online casinos.
There are plenty of reasons why people prefer online casinos, including ease of play, convenience, accessibility, lots of gaming options (poker, slots, blackjack, baccarat), and discretion. However, another major reason why players choose online casinos over land-based ones is represented by the impressive array of bonuses that these websites offer. Players can choose from all kinds of bonus types, ranging from classic deposit bonuses to free spin, welcome bonuses, and even bitcoin bonuses.
If you want to get the most from these bonuses, you need to start understanding what each one of them means. Otherwise, you can end up choosing an online casino that features high bonuses, but lacks other qualities that would have made your gaming experience more interesting and profitable.
To help you out, we have created this guide that contains actionable tips to understand and use online casino bonuses to increase profits. Keep reading to find out more!
Always read the Terms and Conditions
Let's face it, no one likes to read the Terms and Conditions, and very few people actually bother to do this when they create an account on a website. We know that you can't wait to register your account and start playing, but not knowing what you agree with can actually end up costing you valuable money.
Not all online casinos have the same Terms and Conditions, so you need to do this for every website you sign up with. Also, keep in mind that some casinos may try to make it difficult for players to find the T&C section, so you may want to think twice before opening an account with such a website.
When you look at the terms of conditions, make sure to look for the wagering requirements, which are attached to the casino's bonuses. These types of requirements exist to prevent players from cashing out the bonus before even playing a game.
The wagering requirements should tell you the number of times you need to place the bonus amount in order to withdraw your winnings. For example, if the wagering requirement is 15 and the bonus you get is $100, this means you need to place bets worth $1500 before being able to withdraw. Also, keep in mind that some casinos may exclude some of their games from their wagering requirements, meaning placing bets on them does not add to the wagering. For example, blackjack is a very popular casino game, but some casinos exclude this from the wagering requirement list. If you want to be sure, slots games are always fun to play and they are included in the wagering list.
Forget about bonus hunting
When online casinos were still a novelty, players were hoping to make money fast by hunting casino bonuses. How? By scouting all kinds of online casinos and taking advantage of the bonuses they provided. Some of the players even went as far as analyzing the terms and conditions to find loopholes they can exploit without putting their personal money at stake.
While certain players still try to do this now, most online casinos have found ways to protect their business against bonus hunters, and this activity has become, for the most part, a waste of time and money. In fact, if an online casino catches you doing this, they can take away your bonuses or any special deals, as well as ban your account.
One method online casinos use to prevent bonus hunting is awarding players with sticky bonuses. These are bonuses that can be used to play on the website but can not be withdrawn, so if you have $200 in your account and $100 is a sticky bonus, you will only be able to withdraw $100.
Some casinos, such as Bob casino, offer additional free spins as bonuses, besides money. This means you also get the chance to play slots and win big money without spending a buck. You can read here an updated casino review on bob casino
Understand the various types of bonuses
If you are looking to maximize winnings by taking advantage of casino bonuses, you need to first understand what each type of bonus means. Some of the most popular ones are:
Free spins are a form of casino bonus that can only be used for playing slot games. They may sometimes be linked to one particular game or be offered to use in multiple games. Many casinos offer free spins when users open their accounts without requiring players to deposit any money. Still, you may be asked to meet some requirements for withdrawing money, but it still means you can play slots for free.
No deposit bonuses
The most sought-after type of bonuses in the casino world, no deposit bonuses are basically free money offered to players when they sign up, and there is no need to deposit any money for this. Still, make sure to check the wagering requirements, as some casinos ask for huge wagers before you can actually withdraw money made from no deposit bonuses.
As the name calls them, these bonuses are only available for limited periods of time and under certain conditions. Some players may receive exclusive bonuses after establishing a strong relationship with the website, such as playing for more than a year or depositing a certain amount of money.
Cashback bonuses are related to how much money you lose at a certain online casino. When you are playing games for some time and dealing with losses, the casino will keep that in mind and, after some time, it will calculate how much money you lost and give you back a percentage of the money as a bonus.