Bonuses are an integral part of online casinos. These days, casinos offer bigger and better bonuses to attract new players and retain regulars. However, while many players think this is simply free money, savvy players know this is not entirely the case.
Understanding bonuses is key if they are to work for players. But this requires a little bit of extra knowledge. Essentially, it all boils down to understanding bonus terms and conditions and learning how to utilize these effectively.
Getting to grips with wagering requirements
The first step to using any bonus is understanding and checking the wagering requirements. Also known as rollover and playthrough, these are specific requirements or conditions in place once you’ve got some winnings from a bonus. This refers to the amount of times you have to bet with your bonus money before you can claim a winning payout.
The lower the wagering requirement, the easier it is to reach or achieve. For instance, a bonus with 70x requirements is very high, and the likelihood is it is unattainable, resulting in no winnings. However, a 10x wagering requirement is much easier to reach. Players should always check to see the requirements before signing up for a large, generous-looking bonus. Failing to meet the wagering requirements within a given timeframe also results in losing the winnings, so it’s essential to check out the conditions carefully.
Checking expiry dates
Alongside understanding the wagering requirements, the bonus validity needs to be checked as well. Some bonuses are valid for 24 hours, a day, a week or a month. Knowing how long you have to meet the wagering requirements is essential to using the bonus fully. If the bonus is only available for a short period, it is often better to look for one with a longer expiration date. This gives you much-needed time to meet the terms and conditions, subsequently claiming your winnings.
Which games contribute
Now, when it comes to wagering requirements, not all games contribute equally to achieving these. In fact, some games don’t count at all. As such, it’s very important to check which games will meet the requirements so that you avoid wasting time and money playing games that don’t count.
Each online casino and bonus is different, but it is quite normal to find that live casino games do not contribute to wagering requirements at all. Some games like virtual roulette and blackjack will contribute just 20-30%.
Across most casinos, slots will contribute 100% to the wagering requirements. However, not all slots will be. Transparent conditions should have a list of which slots cannot be used. Make sure you stay away from ineligible slots, as this is a waste of betting your bonus. Additionally, you can check slot RTPs here on FruitySlots.com as higher RTPs are more likely to payout, which is better for you in the long run.
Use the maximum bet
All bonuses come with a maximum bet permitted. This cannot be exceeded when using the bonus money. For players using a bonus, one of the best things to do to meet the wagering requirements is to play the maximum bet on a bonus for every game you play. This means players can meet the wagering requirement a lot quicker.
Many casinos hope that players will only place smaller bets as it keeps players around for longer. It means players take their time in the casino, getting them comfortable playing here.
Pick non-sticky bonuses
Finally, players should search for non-sticky bonuses. These can be cashed out early if you win, as the deposit amount is kept separate from the bonus cash. Using this type of bonus means if you win from your deposited funds, you can withdraw it without needing to meet wagering requirements.
With these tips, you can reap the benefits of your casino bonuses more effectively.
