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Veteran online casino players may tell you that at one time bonuses could be easily cashed out and taken home. From free spins on registration with no deposit, to tasty match promotions, you could pick and reap the rewards quickly. This is not the case now. Bonuses have to be played at online casinos and the winnings may be cashed out. This page will make you a pro at claiming free online casino bonuses. The topics covered are as follows.
When online casinos were relatively new, bonuses were offered as attractions. Players could simply claim the bonus, use it and then withdraw the winning funds. This led to a form of bonus abuse, which came to be known as bonus whoring.
Here is an example of bonus whoring: Players would sign up at Casino A and claim the welcome bonus there. They would withdraw the winnings from that bonus and use it to make a deposit at Casino B. Players would then claim the welcome bonus at Casino B and repeat the process. In short, players could hop from one casino to another, claiming bonuses and withdrawing funds. The rollover requirement might only be 1x, meaning that any wins were effectively able to be withdrawn straightaway.
In order to counter this, online casinos introduced stringent rollover requirements. A typical 40x rollover requirement means that a bonus worth £100 will have require wagering of £4,000 before cashout. Lower game contributions for table games and video poker increase the wagering requirement. Maximum bet limits mean that you have to grind it out. So, bonus whoring is no longer a viable strategy for online casino players.
These days online casino bonuses can be withdrawn once the stricter wagering requirements are met, which ensures that the players stay at the online casinos for a reasonable period of time.
So how can you make money from online casino bonuses these days?
A deposit bonus offer has two main components. X% of the deposit up to a maximum of £Y. In some bonus offers the percentage is higher and in others the maximum limit is higher.
Casino A offers 200% up to £200 and Casino B offers 100% up to £300. The bonus that offers a huge extra percentage is the more effective bonus. To maximise A you deposit £100 and get a bonus of £200. In B, to get a bonus of £200 you have to deposit £200. You can get a bonus of £300, but only against a deposit of £300. Therefore, Casino A’s bonus allows you to stretch your finances further.
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Keep in mind that you don’t have to only play at one casino. You can spread your available bankroll effectively over different casinos.
Free bonuses do not require corresponding deposits. They are particularly offered to new players. These bonuses are smaller than deposit bonuses, but they can allow you to start building your bankroll. We have listed the sites that offer the best UK no deposit bonuses to new players. Play these bonuses, withdraw the winnings and use those to make deposits and claim the larger deposit bonuses.
Free bonuses do not require corresponding deposits. They are particularly offered to new players.
These bonuses are smaller than deposit bonuses, but they can allow you to start building your bankroll.
We have listed the casinos that offer the best no deposit bonuses to new players.
Play these bonuses, withdraw the winnings and use those to make deposits and claim the larger deposit bonuses.
Free bonuses may be offered to existing players as well, particularly to try out new casino games.
Most online casinos will post standard bonus offers on the promotion page of their websites, but many follow alternative practices as well:
Some send bonus offers by e-mail to their customers. Make sure you have given a current and correct e-mail address to your online casinos and check your e-mail regularly.
Follow the casino on social media; often bonuses are posted on Facebook or Twitter.
Ask customer support if anything special is on offer.
Make sure that every deposit fetches a bonus. Do not make larger deposits than necessary.
You want to deposit £400 a month. To avoid the hassles of depositing frequently you make one £400 deposit. You could turn out to be a loser. Suppose that casino offers a weekly reload bonus of 100% up to £100. A single deposit will get you a £100 bonus and that’s it. If you deposit £100 each week instead then you will end up with £400 bonus money.
Study the totality of bonuses offered and spread your deposits accordingly.
All online casinos offer loyalty reward points according to the amount wagered. The loyalty points can then be redeemed for cash without any rollover requirements. The amounts you can earn this way may not be huge, but at the end of the day every bit adds up.
You will find online casinos that offer tournaments in which players compete for a share of a cash prize pool. The entry fees are quite small, and sometimes entry is free. If you can reach the top few places on the leader board, the prizes can be attractive.
Your prime objective at online casinos should be playing games, but if you know the systems there are options to profit through bonuses as well. To learn more about maximising no deposit free spins, go here.