The main peculiarity of online gambling websites is that players have an opportunity to claim different kinds of promotions. Land-based establishments do not provide such an offer. To lure more clients and diversify their gambling careers, a rich assortment of promotions is offered by online casinos. For example, if you click on https://5gringos.com/au/promotions, you’ll discover diverse bonuses that can multiply your bankroll.
TOP-5 Popular Promotions at Online Casinos
Although each casino tries to be original and develop a unique bonus policy, the majority of rewards are similar. The size of a casino bonus can only change. Thus, you’ll likely find the following types of promotions:
- A Welcome bonus. This is a classic and obligatory reward at every casino. Casinos are ready to double or even tipple newbies’ first deposits to encourage them to play. The size of the Welcome promo usually varies between 100%-250%. Sometimes, free spins are also added. Some websites offer packs that are valid for several deposits ahead.
- Weekend Match bonus. Such promos are provided on Fridays, Saturdays, or Sundays. Weekend attendance is often lower. To attract players and encourage them to make deposits, generous bonuses are provided.
- Free spins are provided for particular slots as part of the Welcome bonus, as separate rewards. They are often used to introduce new games to players.
- Reload casino bonus. These are regular cash promotions. For example, 35% for investments made on Wednesdays.
- Cashback is a kind of compensation for unlucky gamblers. Its size can reach 20%-25%. Usually, the offer is provided as part of a loyalty program and varies, depending on the tier on it.
Are Online Casinos really so Generous?
It is clear that casinos never work at a loss. But what is the lowdown of using promotions? A wagering (rollover, playthrough) policy is the main pitfall.
The rollover policy is a set of requirements set for using bonuses. When activating any of the promotions, all players automatically agree with wagering requirements. The playthrough policy differs a bit, but in general, it limits the following points:
– The number of real money bets;
– Minimum and maximum bet sizes;
– The maximum cashout;
– The validity period.
The size of the wager itself ranges from 30x up to 50x at online casinos. What does it mean? To calculate wagering requirements, multiply your deposit by 30-50. For example, a gambler deposits $100 with the rollover 30x. 100*30 = $3.000 of real money winnings must be gained.
Why Should one Meet the Requirements?
The point is that the payout option is not valid until playthrough requirements are met. Thus, the casino system automatically denies all transactions if players try to withdraw unwagered bonus winnings.
So, answering the main question of the article, note that it is essential to study the wagering policy thoroughly before claiming a casino bonus. Do not get blind by huge promotions. Keep vigilant and assess the potential profitability of bonuses together with rollover requirements. Sometimes, the playthrough policy is so overestimated that it is practically impossible to wager winnings. So, a smaller bonus with a more affordable wagering policy may turn out to be more profitable than huge promotions with unreasonably high rollover terms.
To draw the line, keep in mind one rule. When selecting a gambling website, do not concentrate on the size of the promotion. Look through wagering requirements and make sure that using bonuses will bring benefits for you, and you won’t lose all the bonus winnings while trying to roll them over.