Deposit Bonuses For Online Casinos
With the immense number of online casinos that have sprung up over the past decade, players now have more choices than ever before. While this has a positive impact on players, online gaming providers are now in a tough competition with each other, with each casino developing clever ways to attract new customers and keep the old ones.
An important point, however, is that such promotional incentives represent an investment for online gambling providers, much like the junkets and comps offered by brick and mortar gambling companies. The idea behind these generous offers is to give players an incentive to return to the casino, make deposits and invest some of their own money in the games available.
There are various restrictions and requirements that must be met in order to withdraw your bonus winnings. Even so, online casino bonuses, when used skillfully, can add more value to your gaming session. You just have to know which offers are worthwhile and which can be skipped. This article explains the most common types of casino deposit bonuses, how they can be claimed and what conditions must be met in order to withdraw winnings.
The Difference Between Cash Bonuses and Game Bonuses
Before we move on to the different types of bonuses that you can earn from your deposits at an online casino, we are going to make a very important distinction – that between cash bonuses and game bonuses. This is something that many casino players neglect, unfortunately to their own detriment.
The cash bonus is generally seen as the better option and is more beneficial for online casino players as it can be withdrawn once the respective wagering requirements (also known as playthroughs) are met.
This is how cash bonuses work: once players have met the wagering requirements set out in the bonus terms and conditions, they can withdraw the amount remaining in their casino accounts, including any remaining bonus funds, if any left. This means that even if players lose some of their own money during the playthrough, they can still make a small profit by withdrawing the rest of their bonus. Such bonuses are often available by the time you complete your registration and deposit for the first time. In most cases the cash bonus is between 50% and 100% of the deposited amount.