Everyone who joins an online casino is offered some sort of welcome offer. These are actually also used as incentives to get players to join casinos in the first place and once you have become a member, casino bonuses and offers are there to be claimed, but you can also opt out if you wish to do so – play here.
However, these bonuses can be useful in making your first experience at a casino last longer. This is especially the case if the welcome bonus consists of extra cash. This type of bonus is also known as a deposit match bonus and for activation, a deposit into your casino account is needed.
The standard deposit boost is 100% up to a limit of £100. This basically means that if you deposit £20 into your account and opt into the casino offer, you will get another £20 from the casino giving you £40 to play with. To get the maximum out of the bonus then you would have to deposit £100 to receive £100 bonus casino cash.
Obviously, it is not good business practice to give out free cash to every new customer that joins a casino and this is why wagering requirements are attached to bonuses. This basically means that you have to play through the bonus a set number of times before you can actually turn bonus funds into real cash that can be withdrawn. The industry standard is between 20x and 40x so you will have to play through thousands of spins to convert bonus money into real cash. Bonus cash is held separately from your real cash balance and real cash is used first to fund your play. Once your funds are used up, then you automatically start gambling with bonus funds.
Pros and Cons of Bonus Offers
The advantages of casino cash offers are that you can try more games once your deposit has been used and the extra funds do increase your chances of winning. The disadvantages here are the wagering requirements needed to convert bonus money into real cash and … Read More...Read More