Online casinos have experienced a veritable boom in the last two decades. They have gone from an obscure form of gambling to mainstream online entertainment venues in less than 20 years. All that popularity has one major downside, called competition.
The exploding number of online casinos has forced operators to scramble for players. Retaining existing and attracting new clients has become the imperative of online gambling. The best way casinos came up with to do that is by offering various bonuses and bonus codes.
What Are Casino Bonuses
Simply put, casino bonuses are incentives casinos give to the players to keep their business. They come in many shapes and forms, including bonus codes. They can be one-time deals or regular. Casinos also usually have VIP clubs for the most loyal customers, who get access to bonuses ordinary players can only dream about.
There are even cashback bonuses, where casinos give you back a percentage of the money you lost gambling in the previous week or month. Many bonuses come with strings attached, so not all players use them. Some, like casino.com, offer a wide selection so each player can find the one that works best for them. Let’s dive in and explain each one so that you can make the right choice.
What Are Bonus Codes
Bonus codes are among the most popular casino bonuses today. They come in various sizes and carry different benefits for users. Often, however, they can be hard to come by, especially if you are new to online gambling. Fortunately, sites give them out regularly, like the onlinecasinosonline bonus coupon codes page, which you can visit and claim your coupon.
There are other ways you can obtain them, like promo emails, casino advertising campaigns, and coupon sites. Keep in mind that those can be a bit iffy. Searching for casino bonus codes that way can be time-consuming, and your mileage may vary when it comes to results. Finding them on specialized sites is a much easier and far less frustrating option.
What Are Wagering Requirements
Remember those strings attached to bonuses we mentioned earlier? Wagering requirements are by far the most common and most annoying among them.
Let’s see if we can explain them. Wagering requirements are designed to stop players from using hit-and-run tactics. Without them, nothing prevents players from collecting a bonus in one casino, immediately withdrawing it to their bank account, and moving on to the next casino.
Wagering requirements stipulate how many times a bonus must be wagered before a withdrawal can be made. For instance, if you have received a $100 dollar bonus with x10 wagering requirements, that means you have to make bets in the total value of $1,000 before you can take the money out of your account.
Depending on a casino, wagering requirements can be as high as x50. This limitation makes some players forego bonuses altogether. Keep in mind that they don’t apply to all bonuses. Bonus codes often come without them, and you are free to use them as you like.
Types of Casino Bonuses
The first bonus new players come in contact with is usually a signup or welcome bonus. Then there is a deposit or matching bonus. Your first deposit will grant you another bonus, generally matching your initial deposit.
Some casinos give bonuses every time you make a deposit, although they will rarely match it. Bonus codes also come in various flavors. They are usually small, ranging from $10 to $50 in some cases, just enough to test a few games and see whether you like them. No Deposit Bonus Code will allow you to bet even if you didn’t deposit any money on your account.
As far as conditions go, they are probably the best kind of bonus codes, even though they are usually relatively modest. As the name would suggest, the Exclusive Bonus Codes are fairly rare and often come as specific bonuses for a particular game. Finally, we have the Recurring Bonus Codes, which can be used multiple times and are favorite among the players.
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