Online Casino Bonus Money Some Restrictions May Apply

Today,​ virtually every online casino will give new players a​ bonus to​ entice them to​ play. Some casinos offer No Deposit Bonuses; others may match your initial deposit giving you a​ 100% bonus. There are even a​ number of​ casinos that will give you 125%,​ 200% even 400% of​ your initial deposit.

How do casinos stay in​ business while still giving away “Free Money”? Well,​ as​ with most things that sound too good to​ be true,​ there are restrictions. in​ this article we’ll look at​ the​ most common online casino bonus structures and what you’ll need to​ do to​ actually cash out that nice bonus.

No Deposit Bonuses

A very popular way for a​ casino to​ attract new players is​ to​ offer a​ no deposit bonus. in​ this situation,​ the​ player is​ required to​ download and install the​ casino software then create a​ new “real player” account; some casinos also ask you to​ register a​ valid payment method. Next the​ new account is​ credited with the​ “free money”. Typical amounts given are $10 to​ $15,​ usually just enough for the​ player to​ try a​ few of​ the​ games. to​ cash out the​ free money the​ player will usually have to​ wager the​ bonus amount some number of​ times (Twenty times the​ original deposit is​ a​ typical number). Further,​ there is​ usually a​ maximum amount that can be cashed out,​ say a​ $50 max. cash out on​ a​ $15 freebie. So,​ by all means take advantage of​ the​ no deposit bonuses,​ just don’t expect to​ get rich doing so.

Deposit Bonuses

Deposit Bonuses are the​ most common online casino bonus. This is​ a​ bonus you’re given for making a​ real money deposit. Casinos are much more generous with these types of​ bonuses because the​ players have already deposited some of​ their own money. It’s not uncommon for a​ casino to​ match first deposits of​ $200 to​ $300. Many casinos also offer deposit bonuses of​ over 100%. For example,​ some casinos will give you $200 for a​ $50 deposit (a 400% bonus). as​ usual,​ there are restrictions that apply to​ these types of​ bonuses. Typically,​ you’ll have to​ bet or​ “play through” the​ bonus amount and the​ deposit amount some number of​ times (10 to​ 15 times),​ before you can cash out. With this type of​ bonus,​ once the​ play through has been met there should not be a​ maximum cash out amount.

Specific Game Bonus

With this type of​ bonus,​ the​ casino is​ giving you a​ bonus that can only be used for certain games. This is​ typical when a​ casino has just launched say a​ new slots version and wants to​ get people playing. You may get a​ “no deposit bonus” or​ possibly a​ larger then normal deposit bonus. Again,​ there will be play through requirements and if​ it’s a​ No Deposit Bonus,​ there will probably be a​ maximum cash out amount.

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