Although an online casino’s main feature is its game selection, bonuses play a pivotal role in maintaining competitiveness in the gambling landscape. If you are a new player, you must be familiar with the different types of bonuses and how to maximise them. This is because they improve your chances of winning bigger and better rewards.
Here is a comprehensive guide on casino bonuses and everything you need to know about them:
Types of casino bonuses
There are tons of Bitcoin casino bonus types you may encounter when playing at an online casino. Here are some of the most popular types:
Welcome bonus
A welcome bonus, also known as a sign-up bonus, is offered to players who have recently signed up. The majority of welcome bonuses typically require a minimum deposit amount.
However, the specific minimum deposit requirement varies from one website to another. This bonus holds substantial benefits, as they can be used in diverse ways, including wagering on a wide range of casino games.
Cashback bonus
Cashback bonuses are designed to cushion your losses by offering a percentage of the losses you incurred as a bonus. These bonuses can be daily, weekly, or monthly and are often tied to specific games or wagering conditions. This bonus provides you with a safety net, helping to mitigate the impact of losing streaks.
Deposit bonus
Deposit bonus can be offered as an ongoing promotion to existing players or as part of a welcome package. This bonus provides extra funds based on the amount you deposited and can come with additional free spins or other incentives. Make sure to read the wagering requirement to determine whether deposit bonuses are one-time offers or if they can be claimed regularly.
Read the terms and conditions
There are terms and conditions that are associated with casino bonuses that you must read and understand. This will help avoid misunderstandings and disappointment. Here are a few essential aspects to consider:
- Wagering Requirements: Also known as rollover requirements, this specifies the number of times you must bet the bonus amount before you can withdraw any winnings. High wagering requirements can make it challenging to cash out your winnings, so choose bonuses with reasonable requirements.
- Expiration dates: Bonuses are typically available for a limited time only. Make sure that you know how long you have to use your bonus and meet the wagering requirements.
- Maximum bet limits: Many casinos impose maximum bet limits when using bonus funds. Betting above the limit can void your bonus and any associated winnings.
- Restricted games: Some bonuses may restrict you from playing certain games while the bonus is active. Violating these restrictions can result in the forfeiture of the bonus. However, there are bonuses wherein you can only use them for some specific games.
The different Bitcoin casino bonus types offer a valuable way to improve your online betting experience, but they come with specific terms and conditions that you need to understand. By carefully reading the terms and conditions and being aware of wagering requirements, you can make the most of casino bonuses while avoiding potential pitfalls.