Online casinos are competitive when trying to attract new players. This is why you will always see generous bonus offer banners on their home pages. On the surface, these bonuses appear to be simple to compare across sites, but this explanation goes into some detail about the bonuses so that players can decide whether to take up the offer or simply play with their own money.
Whilst bonuses appear attractive, players should first check the casino is legitimate before signing up. The best online casinos are licensed and like32Redshow their license number on their homepage. 32Red islicensed by the UK Gambling Commission (UKGC), considered a gold-standard license worldwide.
Wager requirements
The free money in the form of bonuses comes with conditions. Players cannot simply claim the money and then transfer this to a personal account. A wager requirement will require a player to bet the bonus, or the sum of the deposit plus bonus,a set number of times. On most sites, the bonus money must be played within a week or other specified period.Breach any of the terms and the bonus is withdrawn.
Free calculators online will confirm the value of bets that will need to be made to meet the wager requirements. For example, an equal deposit and bonus equaling GBP100 which has a wager requirement of35xwill need a player to make GBP3,500 worth of bets. If the wager requirement is on the bonus only,players would still need to bet GBP1,750. Whilst the average wagering requirement is 35x it can go as high as 60x.
Exclusions
Some games are partially or fully excluded from wagering requirements. Blackjack is often excluded, with just 10 per cent of the bet used to meet the wagering requirement, though other sites will exclude the game from the bonus scheme entirely. For fans of blackjack and other excluded games, the bonuses arerestrictive and theychoose to play without them.
No Deposit Bonus
This is a rare bonus that all players are happy to register at a casino for. Just the registration of personal details will release this bonus. This is usually a small sum of GBP10 or GBP20 offered so players can test new games on the site before risking their own money.
Match Bonus
This bonus matches deposit to a certain percentage, up to a maximum limit. A match bonus rewards regular players for loyalty as well as being an incentive for a new player to place a deposit.
Free Money Bonus
This first deposit bonusis not linked to the amount a new player puts on their account. For example, it is irrelevant ifplayers deposit GBP20 or GBP50, the bonus will still be fixed at, say GBP80. This can be a better deal than a matched bonus since this would be a 400 per cent bonus on GBP20 whereas a match bonus percentage is usually around 100 per cent.The highest bonus can therefore be a bonus that at first seems low but calculating the percentage on a minimum deposit can prove otherwise.
Loyalty bonus
Players that have chosen the best online casino can enjoy the best gameplay, unrivalled promotions and superb bonuses simply by being a regular player. Many casinos have a loyalty scheme and at 32Red players are automatically members of a coveted rewards system in which players can progress through five tiers of the loyalty scheme. Players can win double points on selected games, with points exchanged for casino chips. The highest tier is Club Rouge where players are treated like royalty.