Have you ever wondered what those alluring casino bonuses that often promise you the world but sound too good to be true are? Let’s dive into all the different Casino Bonus types and if they’re even worth trying.
Almost all Casinos offer you some kind of sign-up bonus in form of a percentage of your deposit. This can be used to get started and build your bankroll. After all, with a higher balance, there’s more to win right?
Casinos will pay out those bonuses over time, but only after you’ve completed their unique wagering requirements, so you better check how high the wager requirement is before accepting the bonus deal. It’s best to read the bonus T&C’s if anything is unclear.
Bonus Types
Generally, there are two types of bonuses:
- No-Deposit Bonuses
- Deposit-Bound Bonuses
With No-Deposit Bonuses, you usually only have to sign up on the site to receive the bonus.
Deposit-Bound Bonuses require you to make a deposit of your own money, in order to receive a deposit match or loyalty bonus.
While No-Deposit Bonuses sound nice in theory, they are often paired with high wager conditions to keep you from winning free cash too easily. Casinos want you to deposit cash, so they can make revenue from you, so obviously they don’t just hand out free money.
There are different deposit bonuses, for example, there’s the deposit match that effectively doubles your balance. Other bonuses casinos often offer are loyalty bonuses for active players. Those bonuses often match or even exceed you deposit amount in terms of ratio.
Example:
You deposit 100€ and use a 200% Deposit Bonus
You will receive 100€ in cash balance and 200€ in bonus balance.
Sticky and Non-Sticky Bonuses
We have to make a distinction between sticky and non-sticky bonuses at this point.
Sticky means that you have to wager your cash balance + bonus balance according to the bonus terms in order to make a withdrawal. This can be tricky at times, as wagering 30 times 300€ = 9000€ is not a small task to complete. If the wager is low enough there’s a good chance you can gain an advantage by using a bonus though.
Non-Sticky bonuses are more popular, as your cash balance can we withdrawn at any time, while only the bonus balance has to be wagered. In the example above this would mean that you can withdraw your 100€ whenever you feel like it. Although there are often other requirements that have to be met when using a non-sticky bonus offer. Always read the T&C’s of the bonus!
Bonus Variations
You’ll come to see that casinos offer deposit match bonuses quite frequently to keep you on their platform and get you to deposit again. Especially if your casino balance is low or if you’ve taken a break from playing for some time, casinos love to send new bonus offers your way. Those bonuses are called reload bonuses.
Bonuses come in all shapes and forms. Sometimes they are paired to a specific payment option, sometimes they require a minimum deposit.
Are Bonuses Worth It?
At first it might be hard to navigate through the jungle of Terms and Conditions, but even if you don’t make it through the wager requirements, bonuses have a lot to offer.
They are a great way to find out if online casino gambling is something you’d like to do again without risking tooo much money. It’s an excellent opportunity to get a glimpse of how online casinos work first person. Additionally many casino games are difficult to grasp at first as they come with various game mechanics and unique features. Bonuses help you to experience the games without going all in on your cash balance. It’s better to make mistakes with “free money” isn’t it?
It’s hard to navigate through all the bonus offers, but that’s where Safe-Casinos comes to the rescue!
Here you can find curated up to date bonuses, selected by industry veterans, that cater to your needs.
