Casino bonuses are such an important aspect of the overall casino experience. For new players, they give you a good starting point from which you can embark on your journey at a casino. For the existing player, bonuses are a nice way for a casino to reward you for being a loyal customer.
There are many different types of bonuses that you can receive while playing at an online casino in South Africa. As a new player you may seem confused by some of the terms you see. That is why we have written this article. We will be looking at the most important aspects of casino bonuses so that you can best approach them with confidence.
Let's take a look at some of the casino bonuses you encounter. It's important to know and understand what the terms mean, especially as a new player.
Your most common bonuses are your sign-up bonuses. These include:
You would have been attracted with some form of casino bonus which prompted you to sign up. Once you have completed the registration process you will be entitled to your sign up bonus. This is yours without any further action.You normally receive a free cash bonus or free spins, depending on the casino.
A sign up deposit bonus is where another action is required before you can claim your sign up bonus. The casino will require you to deposit some funds into your account before you receive your prize. Once you have registered your account and deposit some funds into your account you will receive a percentage back of whatever you deposit or alternatively some free spins.
With these two types of sign up bonuses you will have a great starting point. Some extra funds or free spins are useful ways to get some experience under your belt.
Free spins are a type of bonus given out by casinos which can be part of a welcome bonus. Together with a deposit bonus, or simply on its own. You will receive x amount of free spins which can be used on a specific slot. You can expect to find something along the lines of “Get 100 free spins when you sign up today” or “Weekly free spin give away”. Regardless of the form of which they come free spins are a nice little gift which may turn into huge profits. There is virtually no risk playing with free spins with all the reward!
Another common promotion that you can expect to find is the cashback reward. This involves the casino depositing back into your account a portion of your losses from the previous day. This way you will always have a bit extra to play with.
Cash back bonuses may come in the form of credits which can be used to play more games or they may simply give you cash which can be withdrawn immediately (if you choose).
The amount you are cashed back is calculated as your net losses, i.e. the amount that you lost minus the amount that you won.
With anything that comes free on payments with one of the common banking options there are always some T’s and C’s attached. These terms and conditions can be found in online casinos with casino bonuses. It is imperative that you know what these are to avoid dissapointment.
Wagering requirements refers to how much you will have to play through the winnings before you can withdraw the funds that were given to you in your bonus. The wagering requirement is there to keep the casino profitable and to avoid players simply withdrawing the bonus amount as soon as they receive it. For example if you receive R300 as a deposit bonus and there is a 30x wagering requirement you will have to play with over R900 before you can withdraw your funds.
Once you receive your bonus funds into your account and you have read the wagering requirements you will then be faced with one more hurdle. Casinos will usually have a set period for you to satisfy the wagering requirements. This may be between 15-30 days. It is important to keep an eye on this as after the period lapses you will forfeit your bonus.
Maximum bets refers to the maximum amount that you can bet using your bonus amount. It is important to know what this amount is to avoid the casino refusing to pay your winnings when you cash out.
Casinos give bonuses for two main reasons. Firstly, to bring in new players. Casino bonuses are a way of distinguishing their casino from the many others found around the internet. This is why online casinos constantly try to improve their bonuses so that they can get an upper hand on the competition and make signing up more attractive to potential customers.
Secondly, casinos give bonuses so that existing customers are rewarded for being a loyal customer. Casino bonuses increase casino player retention which is why they are so frequently seen in the online sphere. The next casino is just one click away which is why bonuses are used as a tool to keep players from jumping ship.
Bonus codes are given to players to redeem when signing up. The bonus code is then entered whilst singing up after which your bonus will be given to you. Alternatively the bonus code can be entered when making your first deposit.
Yes, bonuses are free. There are some exceptions. One such exception is the deposit bonus which requires you to deposit funds into your account before you receive your bonus. In this sense the bonus isn't truly free. However, most of the bonuses that you will find will not require you to pay anything.
A casino bonus is a gift from an online casino as a type of reward. This can be in the form of a sign up bonus or simply as part of a recurring promotion. Free spins and deposit bonuses are most common.
Once you have satisfied the wagering requirements you can withdraw a casino bonus. A wagering requirement is the amount that must be played through before withdrawal can be made.