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The News God > Blog > Entertainment > Bonuses In Online Casinos: Everything You Need To Know
Entertainment

Bonuses In Online Casinos: Everything You Need To Know

Rose Tillerson Bankson
Last updated: January 18, 2024 11:33 am
Rose Tillerson Bankson - Editor
December 22, 2023
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Bonuses In Online Casinos Everything You Need To Know
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Any online casino is about having fun. It evokes many different emotions — from excitement and joy to nervous anticipation. This makes the platforms attractive to those seeking new forms of entertainment. Today there are a huge number of such sites on the Internet, and they all try to engage new players with the help of bright banners, advertising on social networks, and bonus offers.

Contents
What Are Online Casino Bonuses?Types Of Bonuses In Online CasinosWhat Does It Mean To Wager A Casino Bonus?Wrapping Up

In this article, we are going to talk about online casino bonuses: what they are, and how you can get them.

What Are Online Casino Bonuses?

Online casino bonuses are a great opportunity to get something extra for both players and site owners. A competent online casino bonus system is a relatively fair way to stand out from competitors.

Today, every online casino, even such a small one as Ozwin Casino, which cares about its reputation and is trying to expand its audience, has its bonus offers. Bonuses stimulate users to play, attract new players, and reward existing ones.

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Each bonus has its own rules for receiving and withdrawing. Some are available after making a deposit, others — after registration, and others — after making a certain number of bets. Sometimes casino requirements are so strict that playing for bonuses is a senseless use of time. Before activating any bonus, you need to read its terms & rules.

Types Of Bonuses In Online Casinos

All casino bonuses can be divided into two types: for new players and those who already have an account. The task when working with newcomers is to make them visit the site, create an account there, and make a deposit. With existing clients — to keep them on the platform for as long as possible and to stir up interest in gambling.

The main types of bonuses are:

  • Sign up bonus or bonus on registration. This bonus can be understood in two ways. In some casinos, this is all offers for new users. In others — a specific promotion that gives a bonus for registration only. Most often — these will be free spins.
  • First deposit bonus. This is often the company’s flagship offering with the largest amount and terms. You receive a bonus depending on your deposit amount. Keep in mind not only the number of free spins but also the restrictions that this bonus imposes.
  • No deposit bonus. This bonus doesn’t require you to make a deposit. Players can get it for registration or certain activities on the casino website as a promotional offer. As a rule, decent no-deposit bonuses are available to VIP and premium players of large online platforms.
  • Loyalty program. It’s about all the bonuses intended for players who already have an account with a certain amount on it: points for activity, competitions, and tournaments. 
  • Cashback. Many consider it the most honest bonus for existing clients. This is a certain percentage of the loss amount that the online casino is ready to return to the player — sometimes in the form of free spins, sometimes in the form of direct replenishment of the account, but with restrictions on withdrawal.
  • Referral bonus. If someone you know registers at an online casino using your referral link, the casino will reward both parties. You can get a share of the losses, and your friend — extra free spins.

What Does It Mean To Wager A Casino Bonus?

If you think that everybodys paypal casino bonuses end as soon as you spend all your free spins or bonus funds, you are mistaken. Of course, such bonuses exist, but most of them need to be wagered.

Wager is the most critical term of any bonus, which allows you to find out how many times you need to wager the amount to be able to withdraw your funds. That is, the wager is a certain value set by the management of the online casino, which is multiplied by the amount of your bonus. 

For example, your bonus is $100 with a wager of 35. This means you must place bets in the amount of $3,500 (both successful and unsuccessful bets are summed up) in order to withdraw your funds. Often, it’s not possible to win back the bonus.

In addition, when activating a bonus, you should carefully read its terms and rules, namely how much time you are given to activate it, what are the withdrawal limits and the minimum wager. There may also be additional conditions that are stated on the website and which can be found out from the support service.

Wrapping Up

In fact, online casino bonuses are a controversial thing. And some players prefer not to use them at all. However, there are those who manage to wager the bonus and withdraw their funds. The choice, as usual, is yours.

But it’s always crucial to remember three basic things:

  • Choose a reliable online casino.
  • Always read the bonus rules.
  • Remember about the wager.

We wish you good luck and big wins!

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