Interview: Why do online casinos have bonuses?

Interview: Why do online casinos have bonuses?

Casino bonuses and responsible gaming

Casino bonuses are a gift that lets you play more, but they are there for a reason. Casinos don’t hand out money just because they are altruistic. Big bonuses and free money are a way to get you to play more.

In the end, casinos are businesses and are there to make money. Gambling is enterntaining, but it can get out of hand. If you ever feel like you are losing control or playing is no longer fun, then it’s time to step back. Take breaks, set limits or even stop completely.

Gambling is not a solution to any financial issues. Only play with money you can afford to lose. Play responsibly and play safely.

What are casino bonus wagering requirements?

You want to convert your casino bonus balance into withdrawable cash. This happens by meeting the wagering requirements. Here’s how wagering requirements work:

  • The wagering requirement may apply to the bonus sum (B), your original deposit (D) or both (D+B).
  • Bonus sum x wagering requirement multiplier = total amount to wager.
  • Wagering starts when your deposit amount runs out.
  • Only bets made with bonus money count as wagering.
  • Completing the wagering turns your remaining bonus balance into withdrawable cash.
  • Wagering requirements over 35x (B) can be hard to meet.

What is a casino bonus code?

Many UK-licensed online casinos use bonus codes to unlock casino bonuses to players. The rewards earned vary from one site to another, but the best online casino bonus codes unlock:

Not all sites require you to enter electronic check casinos canada a casino promotional code to get your bonus. When a new UK casino reviewed on Bojoko features a first deposit or no deposit bonus code, this info is displayed on the listing page. In addition, you can see the bonus codes on our curated casino lists.

How do casino bonus codes work?

  • An online casino bonus code is a case-sensitive combination of letters and numbers.
  • Use the casino bonus code to redeem a special offer when prompted on the casino website.
  • You’ll normally be requested to input the code when you create an account or make your first deposit.

How to find exclusive bonuses?

Many casinos want to save their most generous bonus offers to trusted partners like Bojoko. With a special bonus code or a unique link, you’ll get exclusive casino bonus offers that can’t be found anywhere else.

What are cashback bonuses?

EXAMPLE: A casino offers a 5% cashback bonus. You play through your initial deposit of ?100 without winning anything. The casino gives you ?5 (5% of ?100) as a cashback bonus.

Cashback bonus T&Cs may include time limits, wagering requirements and maximum bonus caps. However, cashbacks are usually given as wager-free cash.

What are birthday bonuses?

Casino VIP programs often celebrate their players’ membership anniversaries and birthdays. If your big day is coming up, you may be entitled to some free spins or other rewards.

What are social media promotions?

Some established casinos actively promote their sites on different social media platforms. By following your favourite casinos’ social media accounts, you might be able to grab some extra goodies.

Deposit bonuses

Restricted games are most often those which have an extremely high RTP (return to player). If the game is likely to give you back what you put in, the casino doesn’t want you playing it.

The bottom line is this: some bonuses offer you a better chance to win compared to not taking a bonus at all. However, it still doesn’t make gambling a hobby with a positive expected value. Manage your expectations and focus on having fun.