Online Casino Bonus Programs: Pros And Cons

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Published on August 16, 2024, 9:37 am
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Bonuses have become an integral attribute of modern online casinos. By making promotional offers, operators draw attention to their brands, try to expand the client audience, and encourage the activity of users of web platforms. In turn, by accepting the offer, players get the opportunity to test slots, make more bets, and increase their chances of success. Especially attractive are those bonuses, for the activation of which you do not need to invest your money. Understanding safe gambling practices is crucial to ensure that your gaming experience remains enjoyable and responsible.

It is logical that the popularity and attractiveness of gaming sites largely depend on the variety of offers and their conditions. The more incentives, the higher the probability that the user will choose to play this particular casino.

What bonuses are available

Bonus programs of operators, in addition to the general purpose, have other similar characteristics. So, almost all casinos offer users two types of bonuses: deposit and non-deposit. In the bonus programs of most operators, there is:

  • welcome package for new customers;
  • a gift in honor of the client’s birthday;
  • rewards for active play;
  • reward for reaching a new level in the loyalty program;
  • a gift for installing a mobile application, etc.

Below we will consider the format of bonuses, their advantages and disadvantages in more detail.

Types of incentives, their advantages and disadvantages

Bonus offers casinos address both new and regular customers. The status of the player often depends on the size of the incentive, its form, the conditions of receipt, and wagering.

So, for new users, to get a bonus, you need to create an account. Additional gifts are offered for confirming the phone number, passing verification, or, for example, subscribing to the company’s pages on social networks. The plus of such an incentive is that it is given for simple actions. But the main advantage for players is that casinos often offer no deposit free spins as a gift. Thus, the beginner has the opportunity to get a gaming experience without financial risks and then already decide whether it is worth it to deposit your money on the site. But you can take advantage of this chance only once.

Bonuses without deposit can get and previously registered users of the site. Casinos give them out in the form of free spins, bonus money or cashback.

There are some disadvantages to this type of incentive:

  • free spins are usually offered a little – 20-50;
  • bonus money must first be wagered and only then withdrawn it;
  • the wager is quite high – x30-50;
  • you can bet only on selected casino machines.

Wagering time is limited to 2-5 days. If not invested within this period, the bonus is canceled.

Much more often, operators offer deposit bonuses to their clients. The main condition for receiving them is to deposit a certain amount to the account. The minimum deposit amount is specified in the description of the promotion. The pros of encouragement for a deposit are that:

  • it can be used by both new players and regular visitors to the playground;
  • the size of the bonus depends on the amount deposited – the larger it is, the more free spins or money the player receives;
  • bonus to the deposit ranges from 100 to 200%.

The disadvantage of this type of incentives players most often call the need to wager the amount that appeared on the bonus balance after the end of the game. And it is often necessary to first use your own funds for betting, and then the bonus funds. However, the wagering conditions are not as strict as for no-deposit bonuses.

Incentives in the form of cashback are available only to regular users of gaming sites. The essence of the bonus is that the player gets back part of the money lost on bets. Usually, the return does not exceed 10%. For VIP players cashback can be increased to 30%. The number of bets made and the amount lost are taken into account when calculating the bonus. The offer is very tempting – there is an opportunity to get part of the money back without wagering (or with a minimum wager). But taking the bonus, it is worth remembering that they offer it in order to motivate further play, so the joy of returning a few percent can be overshadowed by even greater financial losses.

Therefore, having received a bonus offer, you should first carefully study the terms of its provision and wagering and then accept or refuse the gift.

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Featured image credit: DepositPhotos.com

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Jonas Bronck is the pseudonym under which we publish and manage the content and operations of The Bronx Daily.™ | Bronx.com - the largest daily news publication in the borough of "the" Bronx with over 1.5 million annual readers. Publishing under the alias Jonas Bronck is our humble way of paying tribute to the person, whose name lives on in the name of our beloved borough.