There are many different types of casino bonuses. Some are designed to get you to join a casino; others are designed to keep you playing or to get you to try a new game. The one thing all bonuses have in common is that they are all design to get you to perform the desired action.
The most common and well-known casino bonus is the welcome bonus.
The welcome bonus is a type of bonus that you receive when you register in a casino and make your first deposit. The most common type of welcome bonus is the match bonus. The size of a match bonus depends on how much money you deposit. The casino will match your deposit and give you the same amount as a bonus. The bonus can be worth more or less than 100% of the deposited amount, but the size of the bonus is always decided by how much money you deposit. There is always a maximum amount that you can receive as a bonus.
Let us say that a casino offers a 200% bonus up to $600. This means that the maximum bonus you can receive is $600 and to get this you have to deposit $300. $300*200% = $600. If you deposit $300 into your account, you will get $600 in bonus, and you will have a total of $900 in your account to us to gamble.
Make sure you read the fine print before you accept a bonus. You will need to fulfill the terms and conditions of the bonus before you are allowed to withdraw any money from your account. The most important term and condition to know about is the wagering requirement.
All casino bonuses are associated with a wagering requirement. The wagering requirement can vary a lot in size and shape. The one thing all wagering requirements have in common is that they restrict when you can withdraw money. Some casinos lock all the money in your account until you have fulfilled the wager requirements. Other casinos allow you to withdraw the money you deposited minus loses before you have fulfilled the wagering requirement. You always have to fulfill the wagering requirement if you want to be able to withdraw the money you received as a bonus.
The wager requirement is based on the bonus amount you received or the total amount of the deposit and the bonus. Always check if the wagering requirement is based on just the bonus or the bonus and deposit before you accept a bonus.
The wagering requirement is usually specified as a multiplicator. This multiplication can be as low as x25 and as high as x50. A high multiplicator often indicates that the wagering requirement is based on the bonus while a low percentage indicates (but do not guarantee) that it is based on the combined value of the bonus and deposit. If the wagering requirement is x50 of the bonus and you received $500 as a bonus than you need to wager $25 000 to fulfill the wagering requirement. This is a large amount to wager if you prefer to bet small amounts.
It is common that not all games count toward the wagering requirement. Many casinos ignore wagers made on Roulette, BlackJack and a few other games when they calculate the wager requirements. Other casinos do include wagers made on these games but limited the value if each bet. It is very common that wagers at the blackJack table count as 10% of the actual wager. I.e. if you wager $10 then the wager is calculated as a $1 wager towards the wagering requirement. You need to bet 10 times more money before you fulfill the requirement. You will often have to wager very large amounts of money to fulfill the wagering requirement at the blackjack table. You might have to wager several hundred thousand before you meet the requirements.