Casino Bonuses and How They Work
As well as regular bonuses, some casinos offer special bonuses. These can include loyalty programs, referral payments and fax cash backs and even game offers like blackjack or pokies bonus programs. Let’s take a look at the facts behind the hype around weekly and weekend bonuses.
Many casinos give out a weekly bonus; this is a bonus given out every week. Usually the bonus matches your deposit within house limits. So, if you deposit $300 (in the casino with $300 bonus limit) you get $300 of bonus money for gambling. Even if you make a deposit of $1,000 the house limit restricts your bonus to $300. The bonus cannot be withdrawn, but is simply to be used as gambling money to increase your bankroll.
Some casinos have wagering requirements before you can withdraw winnings from using the bonus. For example, the casino has a requirement of 15 x Deposit + Bonus. This means that 15x your deposit plus bonus must be wagered before being able to claim the winnings resulting from using bonus money. For example, if your deposit is $300, with a bonus payment of 100% you have $600 to gamble with. You can only withdraw winnings when you have wagered $9,000.
Bonuses vary for each casino, and change on a regular basis, and you can check our list of top online casinos with good weekly bonuses for updated information.
Weekend Casino Bonus
Weekend bonuses differ from weekly bonuses only in that they are paid on weekends, rather than on weekdays. Otherwise, the bonuses follow the same method, with the casino matching any new deposit you make.
On the weekend players will make a deposit and enter a bonus coupon code online in the account section of the casino of their choice. It’s good idea to have a read of each casino’s bonus and loyalty sections to make sure you are getting the maximum advantage from any bonus schemes operating. Not all games will count towards a particular bonus scheme (especially online blackjack and roulette) so it’s important to be fully informed to avoid disappointment as well as claiming anything the casino wants to reward you with! Without this knowledge, you could play an ineligible game with bonus money and your winnings may even become void.
Remember, at most casinos bonuses are not combined with other bonuses and there are restrictions as to what bonuses will apply to your account. As with the weekly bonus, the funds are not in cash, but are to be used for gambling and the same betting requirements will usually apply; you must gamble to a certain level before you are allowed to withdraw funds from winning with any bonus money.