Casino Bonuses Explained
A casino bonus is a perk that casinos give out that let players have more funds to play with. The most common of bonuses is the "deposit bonus" also known as "match bonus". This type essentially means that for every euro (or corresponding currency) a player deposits, the casino will match it with a certain percentage up to the value of the bonus, and add to the player's balance. If the offer is a 100% bonus, the player will start with double their deposit, if it's a 200% bonus they'll start with triple their deposit and so on.
As bonus offers give players more money to play for, it allows them more play time (and a bigger chance to hit a big win), or play for higher bets than they would playing only with their deposit.
Common for all casino bonuses is that in order to be able to cash out, the bonus needs to have been wagered a certain amount of times. E.g. if the bonus carry a 40x wagering requirement, and the player has received a €50 bonus, they will need to wager/bet €2000 before they can cash out their balance. This requirement is there to ensure that the player takes the bonus with the intention to play, and not just to cash out free money.
While the absolute majority of deposit bonuses are of the "cashable", and widely considered the best casino bonuses, there are other types that some casinos offer. The different types of deposit bonuses are:
The most common of casino bonuses and are what they say; cashable. Once the wagering requirements of the bonus have been fulfilled, both the deposit, winnings and bonus are free to cash out.
The Sticky bonus is exactly like the cashable bonus but with one key difference - the bonus itself cannot be cashed out. Once a player fulfills wagering requirements, they are allowed to cash out their deposit and winnings, but not the bonus. When a player makes a withdrawal that includes a sticky bonus, the bonus is generally deducted from the withdrawal sum.
Post-wager deposit casino bonuses differ from the cashable and sticky versions in that they are credited only after the player has wagered their deposit a certain amount of times. Some players prefer this as it allows them to cashout whenever they want (as the deposit is not tied to wagering requirements), but most prefer the cashable bonuses as they allow a bigger balance to be played immediately after deposit.
The no deposit bonuses don't require a player to deposit to receive them. These are most often given to allow players to try the casino out before making a deposit of their own. No-deposit casino bonuses is a good way to get a feel for the casino, while still having the chance to win some money. Do however note that almost all bonuses that don't require a deposit carry both relatively high wagering requirements as well as having a max cashout - e.g €50 euro. Some no-deposit bonuses also require a real money deposit before they can be withdrawn. Make sure to always read the casino's terms and conditions.
Freespins offered by the casinos are spins on video slots that you don't have to pay for, you'll only receive the winnings they can produce. E.g. if an offer gives you 20 freespins on a certain slot, it means that you'll be able to spin 20 times at no cost, and the winnings from those spins will then be credited to your balance.
While the winnings from these freespins bonuses often carry wagering requirements, they have the benefit that you can often choose when to play them, which means that they won't tie in with your deposit until you choose to use them. If you score a big win with your own deposit, you can cash these winnings out and then play the freespins for a chance to win more.
Freespins can be both of the deposit (e.g. Deposit €20 and get 50 extra freespins) and no-deposit type (Join OurCasino today and get 20 freespins to try us out).