Online Casino Bonuses

Pros and Cons of Accepting Online Casino Bonuses

Arguably, the largest enticement that an online casino can offer to current as well as prospective players is delivered through their online casino bonuses offer.

It is structured to attract and retain players and comes in many forms: the welcome bonus, cashback bonus, no deposit bonus, reload bonus and free spins bonus. Though this list is not exhaustive, you will find in the following section that the bonus is not exactly free money, and that each type of bonus comes with its own set of pros and cons. Weighing up these pros and cons can be tricky and ultimately it is up to the player to decide whether to take advantage of these optional sweeteners.

The Welcome Bonus

The Welcome Bonus is a very popular method of drawing in new South African players to a casino and often consists of an attractive signup bonus package which may involve the casino matching your initial deposit(s) on a percentage basis. In addition, some casinos will even offer free spins. The advantage to a player is that they can receive up to several thousand Rands in bonus money and possibly an opportunity to play a select number of free spins on certain slot games.

While this may be an attractive option to a new player there are cons to claiming or accepting a bonus. The first is that you are subject to a minimum deposit which may or may not be higher than you are comfortable with. Furthermore, this bonus will need to be wagered a minimum number of times which can typically range from 30 to 40 times depending on the casino. The play through requirements may be determined on total of your deposit plus the bonus received.

Also, not all types of casino games contribute towards satisfying the play through requirement in the same proportion. Casino table games such as Blackjack and Roulette contribute a lower proportion to the play through requirements as do progressive slots. Also keep in mind that the bonus offer may be subject to time limitations. Finally, it may be the case that the bet limit and withdrawal amount may be limited too.

Cashback Bonus

The Cashback Bonus is a great way for a player who has lost their deposit to get a second chance to win back some money by receiving a percentage of their loss back in the form of bonus money. Real money may also be available, but this is normally awarded exclusively to VIP members of Loyal Player programs.

The exact cashback percentage varies by casino, but it is not unusual to find amounts ranging from 10% to 50% being returned to players. Remember that the cashback bonus is not real cash and comes with terms and conditions that may include caps on the bet size, wagering requirement of a minimum number of bets and that some games may be exempt or contribute less than 100% to the playthrough requirements.

No Deposit Bonus

The No Deposit Bonus may be offered to entice players to sign up at an online casino. The bonus is normally awarded once a player has created their casino account and does not require them to make a deposit. As an example, a typical R100 no deposit bonus may be required to be played through a minimum of 30 times and may include a maximum cash out of R400. Maximum betting sizes and game restrictions may also apply.

The Reload Deposit Bonus

The Reload Deposit Bonus is available only to existing players of a casino and can include weekly, monthly or seasonal offers such as a Christmas Calendar Bonus. In this promotion, which incentivises players to deposit cash, the player may get to take advantage of a small number of free spins on certain video slot games. Like other bonuses, this bonus is optional to claim and subject to terms and conditions such as limited time offers, minimum deposits, country restrictions and minimum wagering requirements before bonus money becomes cash.

The Free Spins Bonus

A Free Spins Bonus is a great way of being introduced to new slot games at a casino you’re a member of. Also, like the Welcome Bonus, this bonus will need to be wagered a minimum number of times which can typically range from 30 to 40 times before becoming real cash. Also, the bets are ordinarily capped meaning you cannot bet the maximum amount.

Strict Online Casino Bonuses Terms & Conditions

As previously mentioned earlier in this article all online casinos try to entice both new and regular players by offering them different types of online casino bonuses. Before accepting a bonus a player should first read the terms and conditions associated with it, this will help them to decide if the pros and cons are worth the risk.

Leave a Comment: