Casino Bonuses
Get the most out of casino bonuses
As a newbie in the online casino world, it is natural to feel baffled with the concept of bonuses offered by the real money casino sites. Given that such bonuses are almost never offered by brick and mortar casinos, it becomes important to know more about them. These bonuses can be called incentives offered by online casinos to entice people to become a loyal member of their sites. While these bonuses definitely entice players into creating real money accounts with casinos, it is pertinent to note that there is no such thing as a free lunch in this world, as these bonuses often come with stipulations that make it impossible for the player to withdraw or really benefit from these. Having said that, it is important to add that these bonuses are not without their benefits and each type of bonus works differently. Following are some of the different types of bonuses available today and details related to how they work.
Play Only Casino Bonuses
This is the most common type of bonus available with online casinos where your bonus money is kept in a separate account. Under this type of bonus, you can only use the bonus money to wager but can never withdraw the money from the account. Money for your wager usually comes from this bonus account. On winning, your winnings go to your real money account, while the wager amount returns back to the bonus account. A certain amount of money has to be wagered before you can actually withdraw money and these are anywhere between 15 and 50 times the sum of the deposit and bonus. As an example Rushmore Casino offers a 100% match bonus up to $888. This means that you will get $888 free bonus money when you deposit $888. Rushmore Casino also offers a 200% match bonus up to $1000 on your first deposit if you are a blackjack player. This means that the bonus is for blackjack only and that you will get $1000 free bonus money when you make a deposit of $500. See the current bonus codes in the promotions section at our casino bonus section.
Casino Bonuses that you can Withdraw
This type of bonus is rarely offered in casinos but in case the option is there, the bonus amount is immediately reflected in your account. While you can withdraw the bonus amount, the stipulation is that you must clear the bonus amount before you can withdraw it. In other words, say you deposit $500, and get a bonus of $500. Then, you need to make anywhere between $20,000 and $50,000 before you can withdraw your money.
Free Play Casino Bonuses
In this case, you get a bonus deposited into your account immediately on sign up, irrespective of whether or not you make a deposit. The stipulation for withdrawal under this type of bonus is that you need to wager an amount that is either 50 times your deposit or more. It is important to note that in some online casinos, withdrawal is not possible unless you deposit the money into your account.
Casino Reload Bonuses
This is a kind of bonus whose benefit is not restricted to the first deposit but can be availed on any deposit made at any point of time.
Refer a Friend Bonuses
These are bonuses which can be availed on referring a friend to play on your favorite online gaming site. It is important to note that in most cases, casinos often require your friend to make a deposit and start playing before you can actually avail the benefit of the bonus.
Irrespective of the kind of bonus you avail, it is important to remember that most bonuses have a specific time limit, before which you need to avail it. Otherwise, you will stand to lose the bonus money.
