There are so many online casinos out there nowadays. And all of them offer outstanding welcome and other bonuses and rewards. But how exactly does it work? And how can you benefit from it?
Not to worry, in this post we take a closer look at these bonuses and shed some light on how you can make the most of it.
What are Free Bonuses?
Free bonuses are what you get upon signing up or depositing a certain amount of money. This is all for players who don’t exactly have enough money to keep playing.
For instance, you can’t possibly become profitable in online casino with $10 dollars. So you will be given an additional $300 for you to keep playing. With that, you can make substantial profits.
However, you can’t just deposit $10, get $300, and take away $310 instantly. There’s a rule before you can withdraw, and that is the wagering requirement.
What are the Wagering Requirements?
Wagering requirements are exactly what the name suggests, the wagers that casino sites require you before you are able to withdraw your winnings, or even if you don’t have any winnings.
This is because many casino sites give away free bonuses the moment you sign up, register, or deposit money. You will be given a bonus according to the money you deposit.
Wagering requirements rely on this bonus. For example, you received a $200 deposit bonus and the wagering requirement is 20 times. If that’s the case, you will need to place bets that are 20 times in value which is exactly $4000 before you can make any withdrawals.
Betfair
How Much is the Bonus?
Betfair offers a 100% deposit bonus. That means your deposit amount is exactly how much the bonus will be. It can go as high as $150 and as low as $15.
How Does it Work?
You need to deposit a minimum of $15 and the wagering requirement is 45 times the bonus excluding the deposit amount. So if you deposit $15, you’ll get an additional $15.
Celtic
How Much is the Bonus?
Celtic Casino doesn’t necessarily only give deposit bonus, there are more. Specifically, they give half the cashback and it can go up to €100 on losses but only in your first week of play.
How Does it Work?
You need to deposit a minimum of $75 and the wagering requirement is 35 times your wallet, which is the bonus and deposit amount combined. Cashback bonus works differently than deposit bonus and more like cashback cards. If for example, you deposit $100, you will only get the 50% bonus if you lost that money.
These are the two types of bonuses, the deposit match up and the cashback. It’s important that you don’t let casino sites like nutzbonus take advantage of you. Instead, you should take advantage of them, and you can do that through these bonuses.
