There should be low wagering requirements, fast payouts, and fewer terms and conditions and restrictions with the “best” casino bonus.
All new online casinos attempt to attract new players by offering the best bonus. However, not all these offers are great, and players can quickly fall into a trap.
WHY CASINOS GIVE BONUS TO PLAYERS
In order to attract new customers and keep existing ones, online casinos offer bonuses to their players.
A highly competitive market as the iGaming market makes it difficult to attract new players. That’s why most gambling websites nowadays compete to offer better deals and turn new users into loyal ones.
You can see it as a win-win situation for both the best bonus online casino which gets connected to new customers as well as the players who get to get started on the right foot. Casual players and low rollers, who do not gamble large amounts of cash and want the best value for their money, need to pay attention to this.
ONLINE CASINO BONUSES TYPES
Here are the types of bonuses you will be able to claim in a top casino, regardless of your experience or preferences:
Bonuses for new customers
On gambling websites, welcome bonuses are the most common type of promotional offers. They are offered to new players upon registration if they are no deposit bonuses or upon the first deposit if they are match bonuses.
New customers can also claim Welcome Packages, which come with at least two deals and are only available upon the first deposit.
Bonuses without deposit
In online casinos, no deposit bonuses are the most popular and sought-after promotions. This is because they require no deposit or investment on your part.
No deposit bonus codes are usually offered to new players, so you just need to register on the given casino and meet the wagering requirements. Unfortunately, not many gambling websites currently offer no deposit bonus codes.
Bonus for reloading
In the case of reload bonuses, you may receive a match-up bonus for recurring deposits. You may get a match-up bonus for your second deposit, your third deposit, etc. Consider them a retention program to please veterans.
Players can take advantage of these promotions as part of the Welcome Package or as standalone promotions.
Bonuses specific to each game
Additionally, you can find game-restricted casino bonuses which are designed to be used only at specific casino games. Free Spins usually fall into this category.
Extra funds deals can also be limited to a certain game or a selection of games.
Usually, these promotions are designed to promote a new title added to an online casino’s catalogue.
Free Spins Bonus
Newcomers at a best free bonus casino may receive free spins on any slot or a specific game.
You should read the terms and conditions and wagering requirements for this type of bonus carefully because if the bonus is restricted to a specific game, the playthrough requirements will only be considered if you play that game.
STEP-BY-STEP GUIDE TO REDEEMING THE BEST CASINO BONUSES
You will be able to claim the best casino welcome bonus in a flash if you follow our step-by-step guide:
Take a look at the top casinos’ bonuses in our list and read the terms and conditions to ensure you can complete them.
If you find the best casino bonus, you can register an account at that specific gambling website.
You won’t be required to make any deposits if you choose one of the best no deposit casino bonuses.
If you would like the best 1st deposit casino bonus or the best deposit casino bonus, you will have to visit the “Cashier” section and make the minimum deposit required.
All you have to do now is enjoy your gambling experience with the extra cash.
ONLINE CASINO BONUS CALCULATION
You will have to meet wagering requirements even on the best bonus casinos, which are often many times greater than the bonus amount. By simply making some calculations, you can figure out which casino promotion is the best to claim and which one to pass.
As an introduction, let’s look at some of the elements that make up a game and a bonus. We will start with the game contribution, which is the percentage of the wagers placed in that game that contributes to the wagering requirements.
As for the house edge, that is the percentage of the total bets taken on a game that contributes to the long-term income for the casino. It can range from 1% for slots to over 50% for table games.
You will first need to determine the cost of playing the particular game without a bonus, which is the amount wagered multiplied by the house edge, resulting in the expected loss. If you bet 2000 and the house edge is 1,5%, you can expect to lose 30 in a game.
Secondly, you have to take into account the bonus, which is in the form of a 100% best deposit bonus match-up for $100 and has x20 wagering requirements, so you qualify for $200.
To complete the rollover, you must wager $4000, which equals $200 x 20.
If you play an online slot machine with an RTP of 98%, it leaves you with 2% which is the house edge and you obtain $4000 x 0,02 = $80 in potential loss. As a result, you have a potential profit of $120 after subtracting the potential loss of $80. This proves the bonus is worth it.
BONUS TERMS AND CONDITIONS AT CASINO
While all bonuses offer extra spins or money, especially for new customers, their terms can sometimes be too strict.
You may decide it is not worth it after analyzing the conditions of an offer.
We’ll talk about what you need to look for when reading the casino bonus terms and conditions.
What are the wagering requirements?
Wagering requirements represent how many times you must rollover your bonus and deposit before you can withdraw from them. Typically, they are x20 or x35.
Casino bonuses, even no deposit bonuses, will have wagering requirements or playthrough requirements.
There are two types of wagering requirements:
Casino bonuses with low wagering requirements, usually starting at 5x to 25x;
There may very well be wagering requirements exceeding 60x.
Regular is anything that falls in the middle.
You should always keep in mind that the best deposit bonus usually has higher playthrough requirements the more consistent it is. This is not a problem for high rollers, but it may be difficult to complete for casual players and low rollers.
Restrictions and additional terms
Besides the usual terms and conditions and wagering requirements, any top casino bonus will have additional terms and restrictions that you should read and consider, such as:
You must complete the wagering requirements within a certain timeframe in order to claim the bonus and the potential winnings. Even top casino bonuses no deposit will come with a timeframe.
You might see casino bonus offers that are game-restricted, which means you can only use them to play certain casino games, such as slots. All other games will not count toward wagering requirements.
You might find a bonus casino with restrictions on certain payment methods. For instance, Neteller casinos and Skrill gambling websites are not eligible for casino bonuses.
CHECKLIST FOR CHOOSING THE BEST CASINO BONUSES
We have prepared a short checklist that we strongly advise you to follow to make sure you claim the best casino deposit bonus:
Check out all the offers at any of our recommended best bonus casinos;
Make sure you check all the terms and conditions for the bonus you wish to claim, as well as the wagering requirements;
Look for alternatives even if you think you’ve found the biggest casino bonus;
Make sure you know which games count towards completing the wagering requirements;
Determine whether the bonus is worth it, as we have previously shown;
Be sure to read and check all the additional terms and restrictions;
Enjoy the best new player casino bonus!
THE VERDICT
If you have read our article carefully, you will also know what to look for and how to make the best decisions.
Additionally, you can easily find the best casino bonus for you in our bonuses lists because all categories can be sorted according to other players’ ratings and reviews.
FAQ: BEST CASINO BONUSES
Casino bonuses: what are they?
It is through casino bonuses that gambling websites attract new players and retain existing ones.
How can I find the best online casino bonus?
While each online casino has many great offers, the best casino bonus is the no deposit bonus, which requires no investment at all, even though wagering requirements still apply.
Casino bonuses are only available to new players, right?
Even though most casino bonuses are aimed at attracting new players, veterans can also enjoy VIP and loyalty programs, recurring deposits, and more.
What are the benefits of online casino bonuses?
If you calculate your results well, as we have demonstrated in this article, you might end up with a good deal and profit. However, that doesn’t mean all online casino offers are worthwhile.
Is it possible to withdraw real money using bonus money?
If the deal comes with wagering requirements, yes, but only after completing them.
Rollover or wagering requirements: what do they mean?
In order to be able to cash out, you need to play through a certain amount of money. This can be the bonus, the deposit, the winnings or any combination of these multiplied by a set number.