Online casinos offer plenty of bonuses, and it can often take time to work out the best casino bonus for you. In this guide to the best casino bonuses, we will cut through the jargon to explain the difference between a deposit match, deposit bonus, free spins and more. We’ll explore the way that each bonus works, and the benefits they bring. Let's jump into our guide to online casino bonuses.
What are online casino bonuses?
Put simply, it is a bonus that is credited to a player who is a member of an online casino. Bonuses are awarded to players for making deposits, staying loyal to an online casino or as part of seasonal promotions.
An online casino bonus can be used in the brand’s online casino and will sometimes be limited to certain games or game types.
What are the different types of casino bonus?
The main types of casino bonus offered at the WynnBET Casino are deposit bonus, no-deposit bonus, casino credit and free spins bonuses. Each bonus will be outlined in more detail in the section below
Matched Deposit Bonus
A popular one among online casinos, it’s likely you will have received a matched deposit bonus when joining. It works by rewarding you with a percentage of your deposit as a casino bonus.
Say that you sign up for a casino that offers you a 100% deposit match up to $1,000. When you deposit $1,000, you will receive a casino bonus of $1,000 that can be used to play in the casino. The majority of these bonuses will have a wagering requirement attached and we will look into that in more detail further on in this article.
Similar to the matched deposit bonus that was explained above, a deposit bonus is awarded for making a certain deposit amount. The amount will be defined in the promotion description and additional conditions related to the bonus will also be displayed there. Examples of the conditions include wagering requirements and bonuses that can only be claimed by playing on specific games.
If you’re a fan of online slots, then you probably know all about free spins already. This casino bonus can be credited to user accounts as part of a new user offer or regular campaigns. A specific number of free spins will be added to a user’s account and each one will have an amount, which will not be returned as part of any winnings.
For example, you could be awarded 50 free spins to use on 88 Fortunes with each spin worth $0.10. If you win $5 on one spin then the amount returned is $5.
How do wagering requirements work?
When a casino bonus is offered it is common for a wagering requirement to be attached to the bonus. What this means is that to withdraw the bonus amount and any winnings, you need to wager the casino bonus amount multiplied by the wagering requirements.
To illustrate this we’ll use the 100% Deposit Match up to $1,000. This casino bonus carries a 10x wagering requirement so lets say you deposited $100 and claimed a $100 casino bonus. To withdraw the bonus and winnings, you would need to wager 10 times $100, which is $1,000.
Most bonuses will also attribute certain percentage amounts to game types. Using the same bonus, the splits are as follows:
Slots: 100% of the multiplier
Video poker: 20% of the multiplier
Table games (excluding baccarat): 20% of the multiplier
Live table games (excluding live baccarat): 20% of the multiplier
Baccarat: 10% of the multiplier
Live baccarat: 10% of the multiplier
Using the same example as above, the wagering amounts per game game type are as follows:
Video poker: $5,000
Table games (excluding baccarat): $5,000
Live table games (excluding live baccarat): $5,000
Live baccarat: $10,000
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