When it comes to the online casino world, there is much to learn, especially about the in-depth casino terms. New players may easily get distracted by the loud noises, the tremendous amount of money, as well as the bright flashing lights across the screen, which can contribute to a vast and complex digital environment.
If you are already familiar with the terms of online casinos, the next integral aspect you should get familiarised with is online casino bonuses and how they work.
Here’s what you need to know about online casino bonuses and how they work!
How online casino bonuses work
In any trusted online casino, they offer welcome bonuses as a reload bonus for active players as well as for new players. However, the wagering terms, requirements, and the bonus structure varies from casino to casino. When you claim a bonus, you will receive extra cash on top of your deposit. For instance, if you claim a 100% casino bonus on a $200 deposit, you will begin with $400 instead of just your deposited amount.
There are many different types of online casino bonuses you can receive. Here are a few examples you might encounter in online casinos in Singapore and Malaysia.
- Deposit bonuses: Type of bonus that you receive when you deposit real money in the online casino
- Free spins: Additional spins on online casino slots
- No-deposit bonuses: Type of bonus that provides players with bonus funds with no deposit required
Bonuses can offer players more value for their time and their money, as they can play for longer and ultimately increase their chances of getting a profit. By having more funds in their balance, they will have a higher chance of scoring a win that allows them to withdraw their winnings. Before doing so, it is crucial to understand the bonus rules and the wagering requirements and conditions before you claim any casino bonus.
What are wagering requirements?
Every bonus, such as free spins, no-deposit bonuses or deposit bonuses, comes with wagering requirements. These wagering requirements are to help safeguard against any player who attempts to withdraw all their funds and leave upon receiving the bonus. By having these casino-designed protections, it can protect online casinos from any inconvenience. An example of a wagering requirement may include a set number of times the player needs to play through for their bonus amount before they can withdraw it as cash.
Including those in Singapore and Malaysia, online casinos often include a wagering requirement for bonuses, fixed at anywhere between 40 to 60 times the bonus amount. For example, if you claim a $50 bonus that features a wagering requirement of 60 times, you will have to play for $3,000 before being able to withdraw your winnings. While this might seem like a challenging requirement, online slot machines typically offer high payout percentages to make the wagering process easier.
Important bonus rules to follow
Apart from understanding the wagering requirements of online casinos, players should also understand the terms and conditions laid out about bonus rules. All online casinos have rules that should be followed when playing with bonus funds. For instance, some sites may not allow players to join live casino games with bonus cash. It is important to note that most of these bonuses have a maximum bet limit, disallowing players to bet more than a specific amount for each spin or round.
Conclusion
Casino bonuses offer extra funds on top of deposits, which can give players an advantage when playing in online casinos. Whether you are looking to join in a slots game or online sports betting, you should always check all of the terms and conditions to ensure that you can win big and have fun at the same time!