Good Luck & Good Fortune Pragmatic Play: Free Game and Online Casinos
Slot machine details Good Luck & Good Fortune All important information about the PP (Pragmatic…
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Well, online casinos typically do everything they can to encourage players to sign up and make deposits. The most effective tools for this are bonuses, free spins, or other types of “gifts.” But are these really as good and lucrative as they seem to be?
Here’s an important tip for you: Always take the time to carefully read the bonus terms and conditions! This is where you’ll find out whether you’re dealing with a fair offer or just a scam. On this page, we’ll first show you the different types of bonuses available. Once you’re familiar with these and take our advice to heart, you can confidently make use of bonus offers.
Types of Welcome Bonuses
The Welcome Bonus combines all forms of different bonuses, as each casino has its own strategy for promoting these welcome offers. Here, you’ll find no-deposit bonuses, deposit bonuses, cashback bonuses, or even free spin bonuses. The unique feature is that these various bonuses are often combined, but only for a one-time registration at the casino.
The variety is almost endless. Currently, the most popular is the deposit bonus combined with free spins. The free spins serve as a reward for making a deposit, which is often increased by a certain percentage by the casino. For example: a 100% bonus up to €500 plus 100 free spins. A minimum deposit is usually required.
Deposit Bonus
The deposit bonus is often tiered when you sign up. This can result in huge bonus packages worth thousunds of euros. The condition is that you make multiple deposits. Typically, you receive a percentage bonus on up to five deposits. This type of bonus is not just available for welcome offers but also other promotions.
The rules remain the same: the bonus must be wagered before any winnings can be withdrawn. As a rule of thumb, a bonus requiring up to 40 times the wagering amount is considered fair.
Free Spins Bonus
The free spins bonus is another common offer for signing up. These free spins are usually tied to a specific slot machine. The conditions to cash out winnings from free spins are similar to deposit bonuses. For example, winnings might need to be wagered 30 or 40 times before they can be withdrawn.
If you win €50, you’ll need to wager €1,500 to meet the wagering requirements. Free spins are often included with other promotions, offering players ongoing bonuses in online casinos. You might also receive personal offers depending on your status in the casino.
A cash bonus, also called a no deposit bonus, is a great opportunity to get to know the casino or specific games. If you receive a no-deposit cash bonus, usually up to €100, it gives you a fantastic chance to try things out. However, keep in mind that this “money” is not real cash. You can use it to play, but you can’t withdraw it right away. Always read the bonus terms, as each casino has its own rules. Typically, you need to wager the bonus amount multiple times before it becomes withdrawable.
No Deposit Cash Bonus
For example, let’s say the bonus is €10. The condition might be that you must wager the bonus 50 times. So, you would need to wager €500 in total. It’s also possible that you’ll need to wager €1,000 for a different bonus. Only after that can you withdraw the bonus and any associated winnings. Keep in mind, there’s usually a maximum withdrawal limit.
Deposit Bonus
A deposit bonus linked to a cash deposit is another option in online casinos. For making a deposit, you receive a percentage bonus, often 10%. This type of bonus is also subject to withdrawal conditions. The required wagering amount varies from casino to casino. It’s important to meet these minimum wagering requirements or you can choose to forfeit the bonus.
General Guidelines
Aside from the conditions already mentioned, there are a few other things you should keep in mind when playing with bonuses. Cash bonus funds often cannot be used on all games. Progressive jackpot slots are typically excluded. Be sure to check if the games you want to play qualify for wagering and withdrawal. If not, any potential winnings might be forfeited.
The maximum bet with bonus money is usually capped to prevent you from betting the entire amount at once. Lastly, remember that not all games contribute equally toward wagering requirements. Table games, for example, may only count a fraction of your bet compared to slots.
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