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A benefit of bonus codes is that they give the player some choice over which offer they want to claim. The good news is that often the requirements are not as hard to reach as they sound.
As you spin the slots, you tend to constantly push your balance up and down with small wins- all these spins are counting towards your spending requirement.
However, do check the terms section of any new site, as some games typically table games or live dealer games may not count towards the requirement.
The typical format for a welcome bonus is a percentage and a maximum. The maximum is simply the most you can claim from that one deposit.
Second and third deposits tend to have a lower percentage bonus, so your rewards are a little lower as time goes on. The rule of thumb is typically to not view bonus money as free cash!
A big benefit of bonus cash is that it gives you more room to play. Blackjack players tend to like welcome bonuses as the house edge is a low 0.
Throughout this website we provide information on bonuses and offers from numerous online casinos. Each of these offers have specific Terms and Conditions.
The exact details can be found on the operator websites that we direct you to when you click on an offer.
We strongly recommend that all visitors familiarise themselves with these terms and conditions ensuring they are comfortable before making a deposit.
The casino site and information that we present are from companies from which Casinopedia. This compensation impacts the ranking of the sites.
Other factors, including our own opinions, your location and likelihood of signing up, may also impact how the ranking of the sites appears to a particular user.
Wagering Requirements The simple reason is that it can be very hard to get a withdrawal after a deposit, if you have wagering requirements.
Deposit Bonuses Explained The typical format for a welcome bonus is a percentage and a maximum. Advanced Tips Find a good casino , that will let you use your bonus on a good range of casino games.
Check the wagering requirement , it is easy to get caught out if you are not careful. These are just a few terms that will come up when looking for a bonus:.
A promotion which grants extra starting cash or free spins when you place your first deposit or set of deposits at an online casino. A term for a bet, the act of risking money for a potential profit.
Any spin of the reels or bet on a table game is still a wager. Some casinos will offer bonus money without needing a deposit from you.
This is non-withdrawable and may still require you to register a payment card. Many slots allow you to win free spins, which are usually played out at a set stake value often based on your last spin.
Return to Player RTP. This is how much, as a percentage, a slot machine pays back in winnings. The typical welcome bonus involves matching the money from your first deposit, with an equal or higher amount from the casino.
Also known as a bet or wager, the stake is how much money the player risks when spinning the reels.
A code number or word which is entered at the depositing stage to claim a bonus, just like a voucher.
This is just like a welcome bonus, but for existing members. They tend to offer much smaller amounts, but available more often. Cashback Bonuses are offered as a kind of insurance against loosing.
While you won't get any cash up front, having lost some of your own while playing over a certain period of time days, weeks, a month , the casino will refund a percentage of your loss with max amount always capped.
Comp Points can be considered an indirect cash bonus as they can be taken advantage of only after a certain period of time, or more specifically, after you have managed to accumulate a certain number of them.
Having stashed the specified amount, you'll be able to redeem your points for cash or a range of goodies. Finally, there are the Freerolls , slot tournaments which offer a chance to win one of the cash prizes without having to bring any of your own money to the table.
You'll be provided with a certain number of free credits to use on a specified game, and by achieving one of the top x scores, get to collect a share of a guaranteed prize pool.
The bonuses you receive can either be cashed out themselves, or used only to play. In each case you'll have a chance to withdraw your winnings providing you have met the play-through requirements.
We've now mentioned wagering or play-through requirements quite a few times, so it might be a good idea to finally explain what they are. Let's do it with an example: You've been made an offer to collect a R bonus having made a R deposit.
This means you will need to make R30, worth of bets before cashing out. New players can be easily impressed by huge bonus amounts offered, and claim them before checking the total value of bets they'll need to make prior to making a withdrawal request.
They might get tricked into accepting hundreds of thousands in bonuses without realizing that they come with a steep play-through requirement of, let's say x While anything is possible when gaming online, the chances of fulfilling such harsh conditions are incredibly small.
Another important point you need to keep in mind is that, as a rule, not all casino games contribute the same.
While it varies from one casino to another, you might find that only R out of the total R1, you have staked on a poker game will help liberating your cash from the casino's hands.
And some of the games might not contribute at all. Once you accept free money, it's likely you will not be able to make stakes of any size you want, that is if you're hoping to cash in your winnings.
Not complying to these rules might make a withdrawal impossible. Some offers also come with game restrictions, specifying which game category you can use the bonus in and which you can't.
Others either make the bonus available to players of certain nationalities, or will alternatively not allow residents of a number of specified countries to claim them.
The bottom line is you're getting a chance to play for free and win money you can take home, so why not use it?
But before you do, get informed.