Last updated on November 8th, 2023 at 03:06 pm
Bonuses and promotions are a great way for online casino operators to attract new customers and encourage their existing players to spend more time on their platforms. As such, real money casino operators offer a wide range of bonuses. However, these bonuses can often lead to confusion, misunderstandings, and unnecessary stress, especially when you’re a casino beginner. This article briefly explains the different types of real money bonuses available to players on sites listed at Best US Casinos and how you can redeem them. All these bonuses feature a wagering requirement before a player can cash out, so it’s essential to understand what that is and the games that are allowed.
What are wagering requirements?
Before we look into the different types of real money bonuses that you can find at an online casino, it’s important to understand what wagering or playthrough requirements are. The wagering requirements are simply a set of rules set by the casino for the bonuses and players must satisfy every requirement before they can cash out. However, these rules can be tricky and that’s where most confusion or inconsistencies arise.
For example, some casinos stipulate that you must wager the deposit and bonus 15X before you can cash out. These numbers can vary from one casino to another. In this case, if a player deposits $50 and gets a $50 bonus, that will give him $100 in gambling money. However, you must wager at least 15X, meaning you need to make bets worth $1500 before cashing out.
Types of casino bonuses
No-deposit bonus
The no-deposit bonus is the most attractive promotion that online casinos offer. You only need to register a real players betting account at the casino offering the casino bonus and you’ll receive your cash. You don’t need to deposit any money to receive the bonus, but most casino operators impose strict wagering requirements.
Besides the wagering requirements, no-deposit bonuses may also feature different limitations. One of these limitations includes stuff like a maximum withdrawal limit when using the bonus. That’s why it’s important to read the casino’s terms and conditions.
Match bonus
The match deposit bonus is a casino promotion that matches your deposit to a certain percentage. For instance, if a casino offers a 100% match deposit bonus and you deposit $100, you’ll have $200 in your bankroll. However, the bonus is normally available to new players making their first deposit.
Free money bonus
This is a welcome bonus offer that you receive from a casino or sportsbook, regardless of your initial deposit. For instance, if a casino offers a $50 free bonus, you’ll get the same amount regardless of whether you deposit $20 or $100.
Exclusive bonus
As the name suggests, exclusive bonuses are available to specific casino players. These bonuses can be available as free spins, betting money, or match deposit bonuses. However, it’s important to read the casino’s terms and conditions before you redeem an exclusive deal.
Loyalty bonus
Loyalty bonuses are available to players who have gotten a specific status at a casino. The types and amounts of the bonus vary from one operator to the other and some online casinos don’t require the players to satisfy any playthrough requirements.
