Bonuses are what brings life to a game. It motivates players since it increases the players’ odds of winning. If you’re a newbie, it can be difficult to understand at first, but you will quickly realize how important they are. Understanding what bonuses mean in a specific game will help you secure a win and eliminate unnecessary stress brought about by confusion.
What are Playthrough Requirements?
Paythrough requirements, or wager requirements, is the amount you need to bet before you can withdraw all your money.
For example, if you deposit $200 and receive a bonus of $200, you need to wager that amount 5x, 10x, or 20x before you can withdraw all your winnings. The amount will depend on a specific game’s requirements.
If you’re required to wager 20x, you’ll need to have $8000 worth of bettings before cash out your bonuses.
Usually, sports betting won’t get as high as 20x. You’ll usually only encounter 1x-5x betting requirements.
Why Are Bonuses Important?
Bonuses are important for both the online casino platform and the player. Online casinos attract more players and earn more when they introduce attractive bonuses. On the other hand, players get to reduce risks and increase their chances of winning when they take advantage of bonuses.
Bonuses give you more money you can wager, so you’ll get to try out your hand more, improve your gameplay, and win games.
Different Types of Bonuses
There are different types of bonuses that you should be familiar with. Once you understand each one, you’ll know how they can be advantageous for specific situations.
Online casinos sometimes whip up more unique and attractive bonuses to entice more players, but we have listed some of the most common bonuses so you can sign up with a platform that offers the best bonuses.
Here are the different types of bonuses.
Welcome bonuses are offered by most reputable and top-notch online casinos. After you join, you’ll receive an amount that matches your initial deposit, so you can play more games and try out for bets.
This is one of the most enticing bonuses and one that is sure to attract risk-averse players and bring them to the gateway. As the name suggests, these types of bonuses don’t require players to make an initial deposit. All you’ll really need to do is sign-up and prove that you’re a real user, and you’ll automatically get a bonus loaded into your account.
This way, you won’t have to use your own money when you’re just trying out for the first time. Make sure to look for an online casino that offers this bonus.
Free Money Bonus
Free money bonus is not to be confused with Welcome or Match bonus. Some online casinos will offer a specific amount of money regardless of the amount you deposit into your account.
For example, a casino might offer you $90 if you deposit $20, so that gives you $110 to play with. If you deposit $100, however, you’ll still only get $90.
Sticky bonuses are those that cannot be withdrawn; you can only cash out what you win above the initial bonus you’ve been given. This gives you a chance to play with a huge bankroll and significantly increase your chances of winning a large amount of money.
Free Spin Bonuses
These bonuses are used to let users play newly-introduced slot machines without spending any real money. Some casinos offer ten free spins, so make sure to take advantage of this.
Aim for the maximum withdrawal limit since they usually come with high playthrough requirements.
If you’ve been in an online casino platform for a long time and have acquired a certain status, you’ll most likely be given a loyalty bonus. The amount will depend on the casino, and it will sometimes require you to meet a playthrough requirement.