Frequently Asked Questions about Bonuses at Online Casinos
One of the factors that distinguish brick and mortar casinos from online casinos are Bonuses. Have a look at our Frequently Asked Questions about Bonuses below in order to learn more about the different ones that are offered at online casinos, the best ones to acquire, how to obtain them, when they can be withdrawn and more!
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What is the difference between a bonus and an exclusive bonus?
Essentially, there are many different types of bonuses that a casino is able to offer. These include sign-up/welcome bonuses, exclusive casino bonuses, deposit casino bonuses, no deposit casino bonuses, free play casino bonuses, free spins bonuses, the refer-a-friend-bonus and high roller bonuses.
What Is A Welcome Bonus?
Typically, most online casinos offer welcome bonuses in order to get you as gambler started in your iGambling journey. Unfortunately, you can only obtain this bonus once per casino you sign up to. Therefore, before you go ahead and register your details you should aim to do some investigating first.
What is a No Deposit Bonus / Free Money Bonus ?
A No Deposit Bonus, which is also known as a Free Money Bonus, is one that you’re typically able to receive by just signing up to an account. In this case, making an initial bonus is not necessary. Yet, if you’re interested in this type of Bonus, you should take the time to read the fine print as the online casino might impose high wagering requirements and irritating withdrawal limits as a result of offering you a no deposit Bonus. Hence, even though the No Deposit Bonus you’re looking at might seem appealing, you might be barking up the wrong tree especially if you can afford to make an initial deposit.
What is a Match Bonus?
A Match Bonus is one in which an online casino matches your deposit by a fixed percentage. However, on thing you should definitely note is that there is usually a limit to how much a casino will be able to match your bonus. For example, if you deposit $ / € 100 and the bonus match is 400%, you’ll be able to receive $ / €400 in return.
What is a Sticky Bonus?
A ‘Sticky Bonus’ is one which can be used to place bets on casino games, but which essentially cannot be withdrawn from the casino. In essence, the advantage a sticky bonus has over a regular one is the fact that you can start playing the game before you actually make a deposit to the site. Once you have successfully met the wagering requirements, you will then be able to withdraw your winnings from your account. However, the sticky bonus money which was given to you initially will then be removed from your winnings. The rest is yours for the keeping!
What is a loyalty Bonus?
Loyalty bonuses are a bird of another feather when compared to other bonuses. Commonly, these types of bonuses are given to loyal customers who have continuously kept playing on the same casino site for months or even years. In this case, you’ll probably come across a ‘monthly match’ bonus which is similar to the one you initially receive when you a sign up to a new casino.
How do You get the Best Casino Bonus?
Provided that you’re interested in gambling online, you’ll probably want to acquire the best bonus around. Well, acquiring the best bonus fundamentally depends on a few things. These of course include, the amount you’re depositing, the match percentage which is being offered and how loyal you are to your online casino of choice. If you’re completely new to the iGambling world we urge you to let us help you in your quest to find the best one that suits your gambling needs. Our team of gambling experts, writers and editors at CasinoTop10 have compiled fully reviewed lists of online casinos which offer some of the best bonuses on the net. Have a look at our Bonus Casinos and Exclusive Bonuses pages to find out more. Nonetheless, if you haven’t got the time to read through our two pages, you should have a look below in order to get a brief outline of the different bonuses that are up for grabs.
How Can I maximize my Casino Bonus?
Maximizing your online casino bonus depends on two factors, the fine print in regards to the bonus and how much you choose to deposit. If you’re a high roller you’ll be able to maximize your bonus by depositing more money, however, a casino will have a bonus limit in regards to the amount you’ll be able to receive. So if you intend on gambling by using a huge sum, we recommend that you always check the wagering amount required and the bonus limit. Our experts at CasinoTop10 always suggest that you have a look at the fine print before you go ahead a sign up to a casino in order to determine if depositing money to the online casino will prove to be worth it in terms of bonuses. If you need help calculating the bonus money you’ll be able to receive, we recommend using our Bonus Calculator. Looking for the Best Bonuses around? Look no further than CasinoTop10 as we’ve gone ahead and scoured the net for you in order to find the Best Bonuses out there. Here’s a little hint, if you sign up through our site you’ll be able to get a bigger and better bonus than the ones that are offered directly from the online casino itself.
When Can I Withdraw My Bonus Money?
You’ll usually be able to withdraw your bonus money after you’ve transferred funds to your online casino account. You’ll find that most of the time, the bonus money you receive is based on a variety of factors which include; the amount you deposit, the bonus match percentage and the amount you’re able to receive (as most casinos will in fact have a limit in the amount of bonus money you’ll be able to receive). For example, if a casino has a 100% bonus match on deposits below $ / €2,500 and you deposit $ / € 100, you’ll be able to receive $ / €200 in return to play games with at the casino. Keep in mind that usually bonus money which is given to you by a casino can only be used at the online casino and cannot be withdrawn. With this being said, each casino is indeed unique, so in retrospect we always recommend that you have a look at the terms and conditions of the welcome bonus that you’re interested in before claiming it.
What is a wagering requirement and how does it go wrong?
Wagering requirements or play through requirements are interchangeable terms which are often used at online casinos. In essence, one thing you should definitely keep in mind is that any bonus you receive from an online casino is normally association with a wagering requirement.
Wagering Requirements based on Deposits
Typically, the wagering requirement is a multiple of the bonus given and is indicated by a number and an ‘X’, for example: 10 X, 30X etc. The total is the amount of money which must be wagered before you can withdraw your winnings from an online casino. This means that if you’ve deposited $ / €100 and the wagering requirement is 30X, you’ll need to make $ / € 3,000 in wagers before you’re able to cash out. This doesn’t mean that you need to have $ / €3,000 as every bet you make, whether you win or lose, will count towards your wagering requirements. For example, if you’ve played a slots game and have bet $ / €1 on each spin for a total of 10 spins and you manage to win $ / € 8 and lose $ / €2, you would be still contributing $ / €10s to the wagering requirement. In addition, if you continue to play on another game such as roulette or continue to play slots and you bet $ / € 1 on each spin for a total of 10 spins and manage to win $ / € 1,000, you’ll be up by $ / € 990 but you’ll still be contributing $ / € 10 towards your wagering requirements. This amount will depend on the casino and the country you’re playing from.
Wagering Requirements Based on Deposits and Bonuses
Some casinos do not only apply their wagering requirements to the amount you receive as a bonus, but also to the amount that you choose deposit. This is known as D (Deposit amount) + B (Bonus amount) wagering. For example, if you deposit $ / € 300 and a bonus of $ / €200, the wagering requirements will be set higher at the casino. Provided that the wagering requirements are D + B, the wagering requirement would be marked as 30 X B, with ‘X’ being the deposit amount and ‘B’ being the bonus amount times 30. Supposing that you’ve deposited the amount of $ / € 300 and received a bonus of $ / € 200, you’d then have to plus the two amounts and times the total by 30 which would mean that the wagering requirement will then have to be a total of $ / € 15,000. If you’re new to the iGambling scene, you should be aware that most players will not take a bonus of less than a 100% match if the casino states that it has a D + B wagering requirement on it. If a casino offers you a bonus of 20% on a $ / €100 deposit with a wagering requirement of D + B then the requirement would be $ / € 3,600 with the majority of that being the player’s own money. Bear in mind that most casinos have higher wagering requirements on sign up bonuses and no deposit bonuses, since in retrospect these are the ones which are mostly taken advantage of.
Percentages in terms of Wagering Requirements
Keep in mind that some games will contribute different percentages in wagering requirements and not all games count to meeting through these requirements. For example, Slots may count as 100%, so a bet of $ / €2 would count as $ / € 2 of your wagering requirement. Roulette may count as 50% so if you make a bet of $ / € 2, you’d only be contributing $ / € 1 towards your wagering requirement. Video Poker might count as 10% of your wagering requirement, so that would increase your requirement from 30X to 300X which in hindsight would make a massive difference to your wagering requirements. If you receive a $ / € 50 Bonus and play a video poker game which makes a 10% contribution to your wagering requirement would increase from $ / € 1,500 to $ / € 15,000.
Always make sure to read the terms carefully, in order to be able to evaluate which games you can play on to meet the wagering requirements in order to be able to cash out. Some casinos have a condition on the games you choose to play and how you’re allowed to meet the wagering requirements. Some casinos have a condition whereby if you play any game with a wagering requirement which is of a less % than another game you’d still be contributing the less % despite the fact that it might have a higher wagering requirement percentage on it. For instance, if you play a slots game which has a 100% wagering requirement and video poker which has a 10% wagering requirement, the wagering requirement on the slots game will be 10% rather than 100%.
Some casinos will void your bonus and winnings if you try to withdraw the money at one go. If you need help in determining the amount you need to wager, we recommend that you have a look at CasinoTop10’s Bonus Calculator, where you’ll be able to input the values representing the deposit amount, percentage deposit bonus, wagering amount and game contribution percentage.
Progressive Jackpots FAQS
What are Progressive Jackpots and how to qualify for them?
Progressive Jackpots are novelty slots machines which are linked to each other in terms of a jackpot. Essentially, what you must note is that multiple players contribute to this colossal jackpot. Typically, progressive jackpots will offer extremely generous payouts, however, the house edge is significantly higher than non-progressive jackpots. Hence, the odds of winning a progressive jackpot are much lower than playing your average Slots game. In cases in which casinos offer progressive jackpots, the casino itself will set the amount of how much the jackpot increases by.
If you’d like to be in the running to win a mammoth amount of money whilst playing this type of slots game, then you must wager a certain amount of credits (which tends to vary according to which casino you’re playing at) , as well as strike the best combination of symbols present in a progressive slots game. One of the most popular progressive jackpot games you’ll find is the Microgaming’s Mega Moolah slot game. Interested in playing? Check out CasinoTop10’s progressive jackpot page in order to discover more about these types of games.
How do I win a Progressive Jackpot?
Provided that you’re willing to take the risk by betting on max each time you click the spin button, Progressive Jackpots can potentially lead you to win big bucks at online casinos. Hence, if a game says that max bet is 3 coins, you should always bet 3 coins in order to qualify to win the Progressive Jackpot. If you’d like to discover more about progressive jackpots, we urge you to read through CasinoTop10’s Progressive Jackpots page.
Collect your Free Online Casino Bonus today!
Online Casinos offer the perk of being able to offer its customers the opportunity of obtaining a marvellous Bonus to get them started in the iGambling world. Read through CasinoTop10’s frequently asked questions about bonuses to discover the ins and outs of getting them. So what are you waiting for? Bag a Bonus, start playing casino games and win BIG today!