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How to Read a Bonus Page in 60 Seconds
Ok, so there’s this funky new online casino you’ve heard about; all the bells and whistles, great app, hundreds of slots and a really cracking Welcome Offer… so much noise and information, where do you even begin to unravel what it all means?!
Panic not, because once you know what you are looking for, it is a piece of cake. Or piece of value, rather, because that is what a Bonus or Welcome Offer should be all about. Never mind the glossy headlines or the neon flashes that seem to be promising the world, what are you getting for your money? End of.
Let us break it all down for you in easy, digestible chunks, so these seemingly obscure terms will become easy to understand and spotting any hidden tricks and “value landmines” will become second nature. When you know what you are looking for, 60 seconds will be more than enough to sniff out a bargain or spot a dud. So, have you got a minute?
So, what is a Casino Bonus?
Let’s start with the basics. A Bonus is something that a casino or bookmaker uses to lure you in to opening an account, or, if you are an existing customer, to keep you sweet and wagering with them (a “retention offer” to use industry-speak).
Whilst they are a business and hope to make money from you in the long-run, that doesn’t mean that a canny and shrewd punter can’t extract some value from the casino in question. The most common Bonus is the opening handshake all self-respecting wagering sites offer to newbies, aka The Welcome Offer, The Welcome Package or the Sign-up Bonus.
Ok, what do I need to keep an eye out for?
How much is the required Deposit?
Some Bonuses are genuinely free. There’s the good news! A minority of online casinos and bookmakers will offer deposit-free Bonuses, usually Free Spins on a slot, just for registering your details and starting an account.
- Example: Betway Casino Bonus – 150 Free NO Wager Spins. Simply deposit £10 by debit card, and you’ll receive 150 free spins with no wagering requirements.
However, the vast majority will require a deposit from you (the “minimum required deposit”), usually £10, sometimes £20. On the odd occasion £5 will even suffice.
- Example: Spin Rio Casino – Get up to £200 + 100 Free Spins, where the minimum deposit is £10.
Whatever the stipulation, this is the first thing to look out for. After all, if you are not prepared to part with more than £10 and the casino wants £20, you should stop reading right there.
What are you getting from the Bonus?
The next thing is to work out what you are being given. Matched Deposit? Free Spins? A bit of both?
A Matched Deposit Bonus simply means whatever you whack in yourself, the casino will match. However, you need to note what PERCENTAGE the matched bonus is. 100% is easy to see and means your opening kitty is essentially doubled, fine. But if the Matched Deposit Bonus is only 50%, that is a different story.
Be careful then to look for the “maximum” or “up to” amount. If the maximum is £50 for a 100% Matched Deposit Bonus, £50 will get you another £50, very nice. But if you bang in £100 of your dosh, you will still only get a £50 Bonus.
Free Spins can sometimes be called “Bonus Spins”, but they mean the same thing. But not all Free Spins are equal; they will have a value-per-spin, usually 10p. Anything less than 10p, ignore.
- Example: Bet365 Casino – Up to 500 Free Spins in 10 Days. Free Spins come in bundles of 5, 10, 20, or 50, each worth 10p.
What are Wagering Requirements?
The bane of a punter’s life, in a nutshell! Nothing is more important in these 60 seconds than finding out what the Wagering Requirements are on the Bonus.
This is the amount of times you have to play the Bonus or Free Spins before any winnings can become withdrawable as cash.
- Example: Grosvenor Casinos – Deposit £20, Play with £30 + 100 Free Spins. Here, the bonus has a 30x wagering requirement and Free Spins have 1x wagering.
An industry average is around the 30/35x mark, but some Bonuses have wagering requirements as high as 60x. In our opinion, these are not worth the trouble. If you manage to find a genuinely “wager-free” Bonus, grab it with both mouses!
Bonus Expiry
How long have you got? All Bonuses come with a best before date and some are shorter than you might think.
You may have 30 days in which to complete the wagering requirements on the Deposit Bonus but only 24 hours to enjoy the Free Spins. Zone in on these numbers as soon as you can.
- Example: Mr Play Casino – 100 Free Spins + £200 Bonus. The Free Spins must be used across four days, and each batch expires within 24 hours.
Am I restricted on what games I can play with the Bonus?
The short answer is yes. Free Spins are often tied to one slot or one software provider.
- Example: The Vic Casino – Up to £200 + 100 Free Spins. The spins are restricted to Lady’s Charm Deluxe.
The Deposit Bonus may also only apply to Live Casino games, such as Quantum Roulette, or a slot the casino is promoting.
If you aren’t a fan of your allotted game, the Bonus will quickly lose any lustre.
Can I bet the entire Bonus in one go?
Almost certainly not! There is usually a restriction on the size of the bet you can have (in £ or pence) OR on the % of the Bonus, whichever is the lesser amount.
Exceed these limits and you will, at best, miss out on any extra winnings, or at worst, forfeit the Bonus entirely.
If I win big on the Bonus, do I get to keep it all?
Again, usually not. Although the cap on the size of each Bonus play makes a big win less likely, these things can happen. A good casino will have generous ceilings on their Winnings Caps.
- Example: Bet Victor – up to £750 winnings cap. Others, like smaller casinos, may cap winnings at just £100.
Does it matter what method I use to deposit my funds when it comes to Bonuses?
Great question! Yes, it can. A number of Bonuses exclude certain methods (often Skrill and Neteller).
- Example: Spin & Win Casino – £250 + 100 Spins. Excludes PayPal deposits.
- Example: Grosvenor – excludes PayPal & PaySafe deposits.
This detail is often hidden in the small print, so as the 60 seconds expires, make sure your eagle-eyes clock whether or not your chosen deposit method means you are eligible.
Conclusion
Once you get used to spotting the fine print, a casino Bonus page isn’t nearly as daunting as it looks. Look at the deposit requirements, value of Free Spins, wagering, expiry dates, game restrictions, bet limits, winnings caps, and deposit methods.
And always compare across casinos:
- Bet365 Casino – Up to 500 Free Spins
- Betway Casino – 150 Free NO Wager Spins
- Grosvenor Casino – £20 Deposit, Play with £30 + 100 Free Spins
- The Vic Casino – Up to £200 + 100 Spins
If you can run through those checks in under a minute, you’ll never get caught out again.