The ever-growing interest in online gaming sites and increasing competition between the casinos contributes hugely to the large number of very tempting offers like slots bonuses, created specifically to attract new players and retain old loyal customers. Since there are no geographic restrictions stopping the players from changing the casino and spending their money elsewhere, the perks are an important choice criteria, apart from obviously portfolio of games, security and player protection measures.
Money is what most online casino customers are after, and money is what casinos are quite happy to give. Not for free of course and not without a catch. Slots bonuses are a way to keep players playing. The higher the amount usually means the stricter conditions around wagering requirements.
The most common slots bonuses are Free Spins. That’s a predefined number of free rounds offered to the player on a selected slot or a set. Below we’re going to talk about a few other common types of campaigns.
Practically all online gaming sites welcome their new customers with a registration bonus upon signing-up. It is the best value hand-out a casino will ever make to their customer. It very often is a no deposit or a free cash offer, which means free cash placed in the player’s account to enjoy in the online casino.
These extra money must be used for playing on a particular set of slot games, sometimes on all products; sometimes the slots bonuses are linked to free spins. The extra funds received upon registration can be cashable (you can keep it after meeting the wagering requirements) or non-cashable (in other words: sticky; you can not keep the extra cash but you can wager and keep the winnings).
The main condition to receiving a welcome offer is of course firstly successfully opening an account in the online casino. Wagering requirements vary from casino to casino and depend on wether we chose slots, poker or another product. Check carefully the wagering requirements before signing up; they should be less than 40x to be interesting.
First Deposit Bonus
A newly registered customer who has not deposited yet, would be encouraged by the casino to do so by a first deposit bonus, which can also be given out to tempt the new players to open an account and experience on their favourite slot. It only applies to the first-ever deposit done by the player. Usually a minimum deposit amount is required.
One of the first deposit bonus types is a match one. It consists of the casino matching in 100% the amount deposited by the player, up to a specified amount. For example, it could be 100% match up to 200 euro. The player will have to make a deposit of 100 euro, the online casino will match it with another 100 euro, and so the total bankroll to enjoy on the slots will amount to 200 euro. Some casinos tempt with an unlimited amount match deposit.
Another kind of first deposit bonus is a percentage one. These usually vary from 50% to even 300%. The rule is the same as for the previous offer. Say you sign up for 300% slots bonus up to 300 eur. You have to deposit 100 euro and the casino will add 300 euro to your player’s account. Read carefully the details of this campaign, as very often only an equivalent of 100% of your deposit will be added to your account with your first deposit, and the remaining 200% will be added with the consequent deposits.
Weekly Bonus Offers
This is type of campaign is carried out by serious casinos to offer amongst others their slots players on a regular weekly basis hence the name of it – weekly bonus offer. They are not as common as monthly ones. The recurring nature of this slots bonus is rather attractive to the customers and they are likely to plan to log in to the gaming site and play on the day and time, when they know the Offer takes place. It is a great tool for casinos to invite the players to keep coming back, keep them engaged and create loyalty.
Wagering of Slots Bonus
In the early days of the gaming industry, as the casinos gave away very generous amounts of extra money to play with in their welcome packages, they also introduced wagering of slots bonuses. This was a way to protect themselves from the potentially huge financial risk brought on by BONUS abusers; players, who would open multiple accounts in numerous online casinos specifically to benefit from these offers and never come back.
Wagering requirements, in other words play through requirements, apply to nearly all online casino extra cash to play with. The term relates to the amount that the player will have to bet, to be able to cash out their winnings on an offer. For example a wagering requirement of slots bonus is 15x.
The customer deposits 100 euro, casino matches it with another 100 euro. Their total bankroll amounts to 200 euro, they will have to place bets to the value of 1500 euro. Playing on the SLOTs gives 100% contribution to the play through requirements, whereas other games like poker contribute less, even 40%. Very often the extra funds can not be withdrawn.