What You Need to Know About Online Casino Bonuses Before Playing at a New Casino

By 26 October 2020

Online casino bonuses are offers that gaming companies give gamers to wager on their platforms risk-free for real money. These bonuses come in varied forms such as cash, free spins and timed promotions. Sites such as http://www.123casinobonuses.net/ provide current news on casino bonuses on offer. This way, you can always shop around for bonuses from various casinos with ease. New casinos use attractive bonuses as a marketing tool to attract new clients and retain existing ones. They achieve this by offering targeted campaigns such as welcome bonus offers, which target only first-time clients. Existing clients get periodic bonuses and this encourages them to stick around for longer. The more gamers play on a gaming platform, the more money the casino makes. This article examines the main features of casino bonuses and what you should look out for when choosing the gaming offers.

Welcome Deposit Bonus Offer at a New Casino

Online casino bonuses are offered at the discretion of the gaming company and can be tailored to suit unique circumstances that benefit their clients. Examples of these bonuses include deposit matchup bonus. This offer is specially designed for new clients. It is given when the client makes their initial deposit and can range anywhere between 20% to 300% of the amount. It is also common for gaming companies to offer fixed amount bonuses instead of a matchup percentage to the deposit. Some casinos extend this offer to cover the first three deposits. Usually, the total value of this offered is capped at a predetermined amount and may be limited to one person per household. New casinos may follow a similar model only that their offers may not be as lucrative as those of established gambling houses. This is because the latter has the advantage of income streams from existing clients.

Other Bonuses at New Online Casino

Besides the welcome bonus, new casinos also offer other bonuses. In this case, gamers are not required to deposit any money to their wagering accounts to get these bonuses. One characteristic of these bonuses is that they are of a lower value than the deposit matchup offers. New casinos can also offer period bonuses to existing clients when they make deposits to their accounts. These could be on a weekly or monthly basis. There are also special occasion bonuses which include casino anniversary or client birthday offers. Other examples of casino bonuses include special offers to high roller clients and referral program gifts. It is also common for casinos to promote certain payment methods by giving bonuses when clients use them. New casinos may not provide all these offers at once and may introduce them gradually as the business grows.

What to Consider When Playing at New Casino With Bonus

It is important to note that casinos are in the gambling business to make money. While giving these offers may seem as if casinos are dishing out cash for free, they always have a way of getting it back. In any case, all gambling games are designed to give casinos an edge over gamers. Casinos use terms and conditions to ensure that they get their money back. For instance, casino bonuses are not withdrawable. Gamers must play through several times the bonus amount and withdraw the bonuses. Since new casino need more gamers to sign up, their bonuses may seem attractive. Therefore, pay close attention to the terms and conditions such as wagering requirements and the maximum withdrawable amount from the bonus. Remember that bonuses are optional and not forced on you, you can opt-in or opt-out. Also, consider other factors such as security and customer service when playing at a new casino.

Is it Advisable to Take up a Bonus at a New Casino?

One disadvantage that new casinos have is that they do not usually have a historical background that gamers can use to verify whether their promises are true or false. It is always a game of chance. On the flip side, you cannot fault them for not fulfilling their part of the bargain when you have not given them the chance to prove themselves. Therefore, if you are satisfied that a new gaming platform is genuine and offers lenient terms and conditions, then you can take up their bonuses. The best offers come with no wagering requirements. However, if you can get wagering requirements below 30x with a combination of games with an RTP of 97% or more, then you stand a good chance of benefitting from the offer if you manage your risk well. Be cautious and start small when playing at new casinos.