Online Casino Bonuses
Online casino bonuses are real money rewards that casino sites give to new players for signing up and depositing. There are hundreds of casino sites out there competing for your business right now, and one of the main ways they try to get your attention is by offering bigger and better signup bonuses than the competition.
Best Online Casino Bonus Offers
As is usually the case, increased competition is beneficial to the customer. The more online casino sites compete for your business, the more rewards you get as a player. But as nice as online casino bonuses are, there are a few things you should know before jumping right in.
Finding the Best Online Casino Bonuses
Unfortunately, not all online casino bonuses were created equal. Some online casino bonuses are much more valuable than others. On this page, you can see a list of the best online casino bonuses that we know of. We look at all the details of every online casino bonus and rank them according to how beneficial they actually are in the end.
Size does not matter when it comes to finding the best online casino bonuses. We have found online casino sites that offer players more than $10,000 for signing up and playing, only to find that those bonuses were next to useless. The devil, as they say, is in the details. Always read the fine print before you sign up and claim a bonus at a casino site.
Most importantly, check the clearing requirements for any online casino bonus before you sign up and deposit. Clearing requirements are basically insurance policies that casinos use to make sure people don’t just sign up, get massive bonuses and then cash back out again. Before you can withdraw your bonus money, you are required to place a certain dollar amount in wagers at the casino.
On average, casino websites use clearing requirements in the 20x range. This means that you are asked to place a total sum of wagers equal to 20 times the bonus plus deposit amount. That might sound pretty hefty, but remember these are only wagers and not losses. Most online casino sites have payout rates of 97% and above, so meeting these wagering requirements is not particularly difficult.
The other thing you want to look at is the match rate of the bonus. This number is given as a percentage and it tells you how much money you can expect to see from the casino. For example, a 100% bonus means your first deposit is doubled. Deposit $200 with a 100% match rate and you’ll get an extra $200 in bonus money.
These two factors (clearing requirement and match rate) are the most important when looking for the best online casino bonuses. But go ahead and check the fine print anyways to make sure there are no hidden catches. For example, some online casinos do not count blackjack bets towards meeting the wagering requirements.
Check this page for current online casino bonus codes to guarantee the best promotional signup offer.
Advantages of Online Casino Bonuses
The most obvious advantage of bonus offers at online casino sites is the free money they give you. If you are planning on visiting a casino and gambling anyways, bonus money is just extra icing on the cake. You do not have to do anything special other than sign up and make a real money deposit.
The extra cash you get from an online casino signup bonus can be considered a win in itself. Alternatively, bonus money can be wagered at the casino site and used to win even more money. A casino deposit bonus basically doubles the amount of money and time you get to spend at any single online casino site.
Online casino bonuses also come in handy if you hit a bad run of luck. If you go on a bad losing streak, an online casino bonus can help pad some of your losses. This is obviously preferable to losing your entire bankroll and being stuck with nothing.
On the other hand, online casino bonus offers make stretches of good luck even sweeter. Now not only are you winning money at the casino, but you’re also clearing a fat casino bonus. Hit a nice run of luck while you’re clearing a bonus and it’s possible to build a respectable gambling bankroll in short order.
Disadvantages of Online Casino Bonuses
The only disadvantage of online casino bonuses is that they come with clearing requirements. It would be a lot nicer if the money was just deposited straight to your account with no questions asked. Of course, that’s not realistic from the standpoint of the casino. They would all go broke within a week if they gave out bonus money with no strings attached.
Keeping track of these clearing requirements can be a bit of a pain. Or if you get tired of gambling and are ready to cash out, you may feel obligated to continue playing for the sake of your remaining bonus money. What we recommend is simple: Only play casino games when you feel like it and consider any bonus money you earn extra gravy on your mashed potatoes.
Don’t play when you don’t feel like it just because you have an unclaimed casino bonus; there are plenty more out there. Remember that online casino sites are there for your enjoyment. The bonus money was just extra free cash that was given as an incentive for you to sign up and play. You did the casino a favor by playing there so don’t feel obligated to stick around.