Online casinos are great! They are packed with a lot of games, equipped with safe payment protocols, and have better winning odds than their land-based cousins. However, one thing that truly sets online casinos apart is the availability of different bonus types.
Because there are varying types of bonuses in online casinos, some of them may even feel familiar to another. For instance, there are many types of rocketplay casino bonus codes. If you are one of those customers who have no idea which bonus provides what benefit, you can read this article.
Wagering Requirement: What Is It?
One thing you should know that these bonuses are entailed with wagering conditions and stipulations. Hence, reading them through before engaging with them is extremely important.
Let us take an example. The wagering condition is 30x of your 100% deposit bonus. This means that on a $10 deposit, you will get a bonus of an additional $10, thereby bringing your total to $20. But, you need to wager this $20 at least 30x, or ($20 x 30) $600 to withdraw your winnings.
Meeting the wagering condition is very important to cash out your earnings. Hence, it is recommended that you read the terms and conditions thoroughly before playing.
Types Of Online Casino Bonuses
Some common types of casino bonuses include:
- Welcome Bonus
This is a bonus that you get even without having to make any sort of deposit. It simply means you just have to create an online casino account to obtain this bonus, where in the amount will be accredited to your account. Conversely, the prerequisites of this bonus, which is also known as no deposit bonus, may differ from one casino to another.
- Free Cash Bonus
This is a free bonus that is provided to the gambler,irrespective of the deposit sum. For instance, you will get a bonus of $100 after making a minimum deposit of $30. This will bring the total bankroll to $130. However, the bonus remains the unchanged, even if you increase the deposit amount to $50. Mathematics comes into play for this – you with get more by depositing $30 instead of $50.
- Match Bonus
In some casinos, you get the match bonus after making the initial deposit. If an online casino put forward100% of your initial deposit, you will get the same amount in the form of a bonus. For instance, on a deposit of $10, you will receive $10 (100% of $10)as a bonus, thereby bringing your total to $20.
In most cases, the match bonus is provided to new players who are making their initial deposit. The only thing you need to keep an eye out for is the percentage amount and the corresponding wagering requisites.
- Exclusive Bonus
The exclusive bonus is a type of bonus provided to high-end players that spend a significant amount of money on the casino games. These players are often classified as high-class gamblers. Similar to other bonuses, you need to know the wagering stipulations and requirements.
- Loyalty Bonus
Similar to the exclusive bonuses, the loyalty bonus is given to players who are loyal and keep coming back. Most of the times, casinos offer free spins; however, some provide cashback benefits.