What Is Bonus Wagering
CASINO BONUS WAGERING & ONLINE CASINO BONUSES
What is Bonus Wagering?
Bonus wagering is when you make use of online casino bonus offers to pad your bankroll. If you plan to play online on a regular basis, you might as well use bonus wagering to your advantage. In this section, we explain how bonus wagering or playthrough requirements work.
Playthrough or Wagering Requirements
A casino might offer you a 100% match bonus up to R1,000 with a 20x bonus wagering or playthrough requirement. What does this mean? Assuming you deposited the maximum of R1,000, you are then awarded the R1,000 bonus, increasing your balance to R2,000. You are not able to withdraw until having placed a total of R40,000 worth of wagers or bets on eligible online casino games at the casino. ( R1,000 + R1,000 X 20 = R40,000)
Casinos use online casino bonuses to encourage players to visit their websites. In this guide we will cover some of the most popular online casino bonuses.
Free Casino Bonuses / No Deposit Casino Bonuses
A free casino bonus is also called a no deposit bonus, and it's an online casino bonus that allows you to get casino cash without making any deposit. The online casino in question just add cash to your personal gambling account, usually when you register a real money account, to add incentive for you to start playing with their software. Most free casino bonus offerings are around hundred or hundred and fifty Rand.
The Welcome Bonus
This type of bonus is also referred to as the signup or new player bonus. The welcome bonus is usually the first variety of bonus you will encounter with an online casino, unless they offer an upfront no-deposit bonus. This is also the only casino bonus that all online casinos offer.
This type of bonus varies dependent on how much money you deposit but it's usually between 50 and 500%. A 100% percentage bonus is called a match bonus because the casino will match almost any amount you deposit with them.
This type of bonus is offered to you to ensure you keep depositing money into your online casino account. The reload bonus is similar to the Welcome Bonus and it often offers you a hundred percent for up to hundred dollars (around R1000).
Online casinos give loyalty bonuses to players who have stayed with them for a period of time and have also spent some money with them. The longer you stay with an online casino and the more money you deposit, the more of a VIP you will be and the more loyalty bonuses you will receive.
Highroller Casino Bonuses
Highroller Casino bonuses are meant as a special incentive for large deposit players. This variety of internet casino bonus is quite lucrative and can sometimes exceed R1000 and often come in the form of a fifty percent bonus. This would mean that when you deposit two thousand South African Rand, you would get an extra one thousand Rand to play with.
The Preferred Deposit Bonus
Online casinos offer preferred deposit bonuses to players who make use of their preferred deposit systems. You usually get this if you choose to use one of their listed electronic payment options. These online casinos will have their reasons why they would prefer you to use one of their preferred payment systems. Usually they are in partnership with this company and this means that they get special discounts for using this system and the processing costs for the casinos are much lower than credit cards.