Casinos often offer bonuses to new and old players for various reasons. Welcome bonuses and Sign-up bonuses are offered to new players while there are special promotions for old and loyal players. These casino bonuses have wagering requirements, some of them are low while other betting conditions don't require big amounts. If you prefer casinos with low wagering requirements, you can find out more about by visiting this site about casino bonuses.
What are Casino Bonuses?
Welcome or Sign up bonuses are offered to players joining a casino for the first time. These bonuses are of two kinds- Matching Deposit and Percentage Deposit. In the former, the casino matches its bonus amount with the player's deposit. In the percentage scheme, the casino gives the bonus as a percentage of the player's deposit. Both these bonuses can have low wagering requirements.
- To receive your bonus, you need to open your player account first.
- Do not open accounts on casinos that promise money.
Creating your player account isn't enough. You need to connect it to your bank account, credit or debit card, e-wallet, etc. in order to make your first deposit. Once you have made your deposit, look out for the bonus code in your mail box, enter it on the casino page and within minutes you will get your bonus from the casino.
No Deposit Bonuses
You can still get a bonus even if you choose not to make any initial payment. However, this bonus will also have one or more wagering requirements. Generally, No Deposit Bonuses are accompanied by high wagering conditions. This is because casinos want to make up for the presumed loss of revenues in the absence of initial deposits. Before signing up, read the bonus terms and conditions.
It is difficult to say which bonus is better- Deposit based or No Deposit Bonuses. That said, Deposit Bonuses offer you more games to bet upon and their payouts are also better and higher. Players who receive these bonuses often get special privileges that are not available to others. No Deposit Bonuses also have their distinct advantages such as you don't have to enter your bank details, etc.
Low wagering casinos and their importance
These casinos give a taste of the gambling world to the players. Since the stakes aren't high, players can judge which games are better for them and how does betting work. It is like trying and learning by spending very small amounts of money. Another advantage is the players can withdraw their money easily from their accounts assuming all the wagering conditions have been met.
By depositing as low as 3 GBP, you can play on a low wagering casino. As you progress in your game and gambling journey, you can get more bonuses and generate more earnings. When the suitable time comes, you can withdraw your earnings or use them to gamble even further. The flip side is that sometimes, the withdrawal limits could become steep for you.
- Read online reviews before opening your player account
- Some low wagering casinos might not be complying with rules and regulations
What are wagering requirements?
When you get a bonus, you need to utilize it according to the casino's wagering requirements. Those conditions could be 2x, 5x, 6x, or even 100x. This means if your bonus amount is 5 GBP, you need to wager 2x or 5x that amount on specified games. You won't be allowed to withdraw your earnings until you comply with this condition.
There is another condition attached. This wagering has to take place in a specified period. It could be a week, a fortnight, or even a month. If you do not fulfill your wagering obligations in the prescribed time period, you can lose your deposit. Also, your bonus is tied to a few specified games as listed in the casino's bonus terms and conditions.
- Your bonus earnings can be subject to tax laws of your country
- Your bonus conditions might change abruptly
Other types of Casino Bonus
Players who have been sticking with their casino can also expect bonuses. For instance, when you keep refreshing your casino account, you might receive a Reload Bonus. This way, your casino is acknowledging your loyalty. Players who maintain high deposits with their casinos can also receive special bonuses and awards. These privileges come with certain conditions though. Check your bonus terms and conditions.
Sometimes, online casinos launch special bonuses during the lean season. Look out for these promos by going over to the Promo page of your casino. Tracking the Facebook Page of your gambling website is also a great idea to stay abreast of the latest developments. You might get a terrific deal by signing up using a preferred payment partner of your online casino.