Latest Online Casino Bonuses February 2024
Casino bonuses are only offered by online casinos, which help them attract new players and provide a better gaming experience with your first few deposits. Some online casinos will continue to reward for as long as you stay with them, which is know as the loyalty program or VIP program.
Most new players see these bonuses and a massive advantage, but some have huge wager requirements, making it difficult to withdraw a huge win while these bonuses are still active. On the other hand, many casinos make it easy to achieve these requirements and withdraw.
Why Play Casino Games with a Casino Bonus?
These bonuses are great for those who want their cash to last longer or play a higher bet for bigger winnings. Casino bonuses let you check out the casino and see what it has to offer while standing a change to win real cash.
These are also great for players who make minimum deposits as a match bonus will increase your cash for free. Sure you would need to wager the funds, but it also allows you to bet higher and trigger massive payouts, even though you've only deposited a few Pounds.
Deposit Bonuses Explained
Most online casinos will provide a match bonus with your first few deposits. For example; deposit up to £100 and receive a 200% match. This means any deposit up to £100 will be tripled by the casino.
So making a deposit of £50 will result in an account balance of £150. These percentages and values will change between the different casino sites. Some provide huge match bonuses, but also higher wager requirements.
Some of the best casino bonuses also include free spins with your deposit. These are commonly referred to as no deposit free spins and are mostly available at NetEnt casinos.
These will offer a match bonus as mentioned, but will also include free spins on one of their games, giving you another winning opportunity.
Match bonuses will have terms and conditions, which are important to read as it tells you the type of games you can play. Most casinos will exclude all table games or only allow those games to contribute a low percentage, meaning you need to wager a lot more to meet the requirements.
Free Spin Bonuses
Free spin bonuses can be offered as mentioned above, or as a no deposit bonus. This means you simply need to register your account to activate the free spin bonus.
Players do not have to risk any of their own cash and will be able to check out the casino and everything they offer. There free spins are subject to wager requirements and will need players to make a deposit before funds can be withdrawn, even if you meet the wager requirements.
Free spins are common with loyalty programs, which is a program where the casino gives you points to exchange for cash or free spins. This means you can enjoy the latest games or just check them out at first by exchanging your points.
High Roller Bonuses
High roller bonuses are available at most online casinos. These mostly consist of a match bonus and free spins, much like you would find with a normal welcome bonus. However, the main difference comes in with the deposit amount and the actual match percentage.
With high rollers, you will find a minimum deposit amount and a maximum, which usually ranges way above the values normal players would be interested in for a deposit.
The wager requirements usually stay about the same as the player is risking so much more. Furthermore, these players also have the benefit of reaching a higher point in the VIP program and receiving a lot more points.
Wagering Requirements: What You Need to Know
Wagering requirements are confusing to some people until you've actually played though them yourself. The casino will require bonuses and free spin winning to be wagered or played through before withdrawals will be possible. These requirements usually range from 20x to 60x (some casino require more). What this means is, you need to wager your total bonus the amount of time shown.
For example, you've accepted a bonus of £100 with wager requirements of 25x, meaning you need to wager a total of £2,500 before the winnings can be withdrawn. The casino will provide a list of games available and how much they contribute. Most casinos would say slots contribute 100%, meaning every wager will add to the requirements. The winnings have nothing to do with the requirements.
Basically this means you a total bet of £2.50 per spin will need to play 1,000 times to meet the requirements l, if you manage to win £10,000 while doing so, it's all yours, but the wager requirements still need to be met before that £10,000 can be withdrawn.