From the very beginning of the online casino industry, different sites have competed against each other by offering perks and special offers to players. While a number of different promotions have been tried, the most consistent and most popular have been deposit bonuses. Slots players enjoy some of the biggest bonus offers available which are typically coupled with best terms and conditions on these offers. While every bonus offer shapes up a little differently depending on which casino you are playing at, they all still have certain commonalities that make them easy to understand if you know exactly what you’re looking for.
The Different Types of Slot Bonus Offers
Bonus offers for slots come in a number of different forms. The most basic is a deposit bonus, which is essentially a match at a certain rate put against the size of your deposit. For example, there are several very reputable casinos that we recommend here on https://www.slotsdownloader.com/ that offer a huge 400% welcome bonus to new players. So if you were to deposit $100, you would actually have a $500 bankroll to play with. Often times, these offers will have a maximum bonus amount, so if a particular casino is offering a 400% welcome bonus, the max bonus amount might be $4,000.
Free spins and no deposit bonuses for slots are also available. These work by giving players a free shot at enjoying their favorite slot games. The basic process is that your account is credited with either a free chip or a set number of free spins on select games. Once you clear the terms and conditions, then you’ll be able to cash out any winnings. This is not only a great way to get a free shot at winning real money prizes on their dime, but it also gives players an opportunity to try out games and software to make sure they will be a good fit before committing to a deposit.
The thing to remember about no deposit bonuses is that the vast majority of them have a maxium cashout rule. For example if you took advantage of a $50 no deposit bonus, there might be something in the terms that sets limits on how much of your winnings you can cashout. So just keep that in mind and make sure you understand the terms of any slots bonus you take advantage of, whether it’s a deposit bonus or a free chip.
Wagering and Play-Through Requirements
Wagering requirements, also known as play-through requirements, are a method that online casinos use to make sure they can continue offering slots bonuses. The idea is that players have to get in on real money action after they claim a bonus before they’ll allowed to cash out. This prevents bonus abuse, and it allows the casinos to continue offering great promotions for their players.
These requirements are typically given as a multiple of the bonus, deposit or both. This means that the more you deposit and the larger the bonus you get, the more you’ll have to play before you can cash out, and that’s completely fair. For example, you might be asked to complete a 20x wagering requirement on both the deposit and the bonus when you make a $50 deposit on a 100 percent match offer to get a $50 bonus. In this case, you’d need to wager 20 * $100 for a total of $2,000 before you could cash out. Note that this has nothing to do with wins and losses: It’s only based around the amount that you wager.
At the end of the day, casinos just want good action for any free money they give away. If they didn’t have these kind of rules in place, many players would just collect the bonus, and immediately request a cashout. That’s not fair to the casino nor would it be sustainable. So do yourself a favor and just read over the terms and conditions every time you collect a bonus, adhere to the conditions and you won’t have any problems when you want to collect your winnings.
Once those wagering requirements are completed, some offers will let you cash out the bonus itself, and others will not. For example, if you claim a $300 bonus that is not cashable, then the $300 in bonus money will be removed from your first withdrawal after you’ve cleared the play-through requirements for that offer. On the other hand, if it was cashable instead, then you would be able to use it in a withdrawal just like it was regular funds in your account.
It’s obvious that players would prefer to have a cashable offer, though they normally come with larger wagering requirements and stricter terms and conditions. However, non-cashable offers shouldn’t be considered useless since you can still use the bonus money to run up real money winnings that are able to be cashed out.
Game Restriction Issues
One of the advantages of being an online slots player is that you don’t have to deal with as many tough sets of terms and conditions. One term that irritates a lot of players is that of game restrictions. A game restriction basically says that certain games are completely off limits until the play-through requirements on a bonus have been met. This doesn’t normally affect slots fans, but you should be sure to know the game restrictions on any offer you take advantage of, especially if you like to jump around to different games to try something new. If you play a game that’s restricted, you could lose your bonus and any winnings on your account due to breaking the terms and conditions of the bonus.