Online Casino Bonuses Explained: Welcome Offers, Free Spins & Wagering Requirements

If you have been in the betting scene for a while, you have got to appreciate just how effective online casino bonuses are. You could literally be tired of playing, but some free spins could fire you right back up.

Well, in this article, we will review different types of bonuses and how they work. You could really benefit from knowing about them to understand how to use them. With that, let’s jump straight into it.

Welcome Bonuses 

This may be how you were probably lured in. Most online betting sites will give clients varying rewards simply for choosing them and signing up. The most common offer you will notice is the casino matching your deposits. 

This means that if you were to put in $100, they would match it 100% or by 50%. Of course, there is always a limit on this; otherwise, you’d simply be opening accounts and depositing large amounts to benefit from the match deposits. 

Thereby, it’s not uncommon to find that the cap could be 500%. Just to make things a little more interesting, they could spread this feature across several deposits, for instance, $100 on the first bet and $50 on the second. 

Free Spins

This feature works great with slots since that’s the casino game it’s most compatible with. You could log in to a site like Betway for three days in a row and receive five free spins. See, in this setup, you won’t be risking anything while the road to win is open. 

Now, you have got to be on the lookout here, some casinos restrict slots with high return to player (RTP) rates. 

Cashback Offers

While it is thrilling at the core, sometimes gambling can be frustrating. Imagine having a $500 bankroll slashed down by two-thirds in a week. That would get to most bettors. Online casinos, however, found a way to console you in the event that you have such an experience by introducing cashback offers. 

You will find some sites offering you perhaps 10% cashback weekly. See, this is to keep you motivated to come back instead of collecting your bankroll and exiting. This feature is usually paid as bonus funds. While they do appear generous, it is worth noting that these limits are also usually capped to prevent the casino from falling into a loss. 

Reload Bonuses

This is more of a thank you for coming back again, a reward. See how when the online casino was onboarding you, they’d offer maybe a 100% match deposit? Well, reload bonuses are triggered when you deposit again. 

While the percentage is usually lower than that of welcome offers, it’s still free cash either way. So the next time you hop on a platform, like Betway, to wager, be sure to take advantage of these promotions to reap a quality wagering experience. 

Final Thoughts

And that wraps it up, folks. With online casinos evolving constantly, we are yet to experience the best from them. In the meantime, they have given us gifts in the form of welcome bonuses and cashback offers to ensure that the roulette wheel keeps spinning.