Sorry to burst your bubble, but online casino bonuses usually aren’t as free as they first appear to be. There are usually strings attached or a play-through requirement, which means, to qualify for a bonus, you have to play through to a certain amount of money before you can withdraw the actual winnings.
For example, most place a 15-30 multiplier (x) play through on a free bonus. In other words, if you deposit $100 to get a $100 match bonus on a 15x play through, you have to play through to $3,000. So, it is wise to choose an online casino that offers promotions and bonuses for the game you enjoy the most.
Specific types of bonuses include:
Match Bonus – a certain percentage of your deposit is matched by the online casino, such as 25%, 50% or 100%.
Cashable Bonus – meet certain wager requirements like bet amounts or play on certain games before cashing out the bonus, which is added on to your winnings.
Sticky Bonus – bonus itself is not allowed to be withdrawn but any winnings from playing the sticky bonus is.
Cash Back Bonus – rare but given following a loss, as a portion of the stake is returned. Depending on the promotion, it might be 20% cash back on your total losses from the week, for example.
Loyalty Rewards – different loyalty levels with benefits depending on how much you have played. The reward is earned on every win or loss wagered and most return around $10 for each $10,000 played.
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