No doubt, the novice players in the gaming industry are surprised at the impressive bonus offers announced on the landing page of an online casino. Of course, contrary to the brick and mortar casino, the bonus offers in the online gambling industry are aplenty. This is one of the marketing tactics of the casino to attract more and more new players. Generally, new players on the casino are pampered more than the regular ones. Let us flip through the working methodology of each of the bonus offers.
Sign up Bonus
Immediately on signing up, you can expect some bonus amount in your account from most of the online casinos. Since you are receiving a bonus without even the deposit, the No Deposit Bonus or Free Play bonus is required to play at certain wagering requirements set forth by the casino. Moreover, in order to withdraw the money, you need to deposit a minimum stipulated by the casino.
In addition to the welcome bonus, the first few deposits may be up to four deposits, which could carry the bonus offer at a fixed percentage with a maximum bonus for each deposit specified. In addition, you may also receive free spins to play on certain games.
Play Only Bonus
The bonus amount placed in a separate account allows you to play games until the balance exists. However, you cannot withdraw the bonus money. If you win the prize money, you can withdraw real money, and the bonus amount goes to the bonus account.
This is another impressive method of enticing the players to glue to the casino games. As soon as you deposit a specific amount, you will get a credit into your gaming account. However, you need to clear the bonus money to become eligible for withdrawing the bonus amount from your account.
It is a common practice to set a time limit for the bonus offer. You need to claim within a certain period. Moreover, the validity period of the bonus also exists before which you should play the games with bonus money.
The wagering requirement might also differ from the category of games like slots, table games, bingo, etc. or even sportsbook depending on the house edge. Generally, the wagering for video poker, which has a low edge is not allowed.
Further, you can also take the benefit of being loyal to the casino and grab VIP Program.