Real Money Casino Bonuses
Posted : admin On 7/22/2022- These are the best free chip bonuses that can be redeemed at the online casinos. Sign-up as a new player at these online casinos, and use the free chip bonus code to redeem the bonus within the casino cashier. Make sure to check the wagering and betting requirements before redeeming these bonuses. Some of these free bonuses can be redeemed by existing players.
- The no deposit casino bonuses are a part of almost all online casinos nowadays and come in the form of free cash bonuses and free spins. Don’t miss out on your chance to win some real cash with these free no deposit offers.
Online casino players love free spins and in the US we get them in the form of free money casino bonuses, also known as no-deposit money. Legal and legit online casinos such as Golden Nugget and BetMGM offer free money for new players, so you should take advantage of the new player offers.
Online casino sites constantly run promotions to get more customers and retain existing customers. These promotions are commonly referred to as real money casino bonuses, and they can really be advantageous if you know how to use them. However, incorrectly selected bonuses will not bring any benefit and may force you to remain a member of a real money casino site you do not like. Below we explain everything you need to know about casino bonuses and how you can make money using them.
How Do Casino Bonuses Work?
Online casino bonuses have three triggers in general. The first is to complete the membership process. As we will explain in detail below, a certain bonus can be triggered just by becoming a member and allows you to gain some advantages without making a deposit. However, in general, we can say that most bonuses are dependent on the second trigger, the deposit: you start the bonus automatically by making a certain amount of deposit. The third trigger is bonus codes: You may also need to use a code when signing up or making a deposit.
Bonuses on betting sites trigger and work similarly, but unlike matched betting, a casino bonus can be used in different games and offers more variety. However, they are almost the same in terms of limitations: Betting bonuses have betting limits, while casino bonuses have a maximum cash limit.
List of the Best Casino Bonuses
We list below the most common bonuses you can find in online casinos, no matter how they get triggered. We recommend reading the terms and conditions of each bonus to learn three things: minimum deposit limit, wagering rate, and maximum bonus limit. We will explain these in more detail in the next section.
- No deposit bonus: As the name suggests, it is a bonus that does not require a deposit and can be claimed by completing the membership process. In return, the casino site credits your account with a cash bonus or free spins to use on many different games. The amount of these bonuses will be small, but they can be used immediately, and if you make a win, it is possible to transfer the payout to your cash balance by completing a wagering requirement.
- Welcome bonus: It is a one-time bonus intended only for new players. Your first deposit is matched by the casino at a certain rate. For example, if this rate is 100%, and if you deposit 100 EUR/USD, another 100 EUR/USD will be added to your account.
- Reload bonus: It is very similar to the welcome bonus because it allows you to get a bonus every time you deposit. However, the match rates will be lower (in the range of 25% – 50%). Still, it is a permanent bonus, and it pays more in the long run.
- Free spin bonus: It is a bonus that gives free spins to be used on slot machines. They are often offered as part of the no deposit, welcome, or reload bonuses. Sometimes it is possible to win hundreds of spins with this offer. If you make a profit, you will need to complete a wagering requirement.
- Cashback bonus: It ensures that a certain percentage of the money you lose is refunded to your account. The refund rate can sometimes be up to 25%. It is an advantageous bonus as it can almost always be used without completing a wagering requirement.
How to Pick the Perfect Casino Bonus?
We have listed the basic types of casino bonuses above. So, which one is best suited for making money? What should you pay attention to if you want to make money by using casino bonuses? Below, we list some tips:
- Before using a bonus, read the terms and conditions of it carefully. Don’t just focus on the percentages and numbers offered. The terms of use let you know if a bonus is really advantageous.
- All casino bonuses except no deposit and cashback are triggered by making a certain amount of deposit. This is called the minimum deposit limit and usually ranges from 10 EUR to 20 EUR. So first find out how much you need to deposit to claim the bonus and make sure that this limit fits your budget.
- Free spin bonuses can usually only be used on predetermined slots. Make sure that these selected games are right for you. By playing free games online slots, you can try out each game beforehand, choosing only bonuses for slots you like.
- All bonuses have a maximum limit. For example, the welcome bonus may have a 100% match rate, but there is also an upper limit (e.g. 2,000 EUR); you cannot earn more than that. So pay attention to the maximum limit, not the match percentage.
- In some cases, there is no maximum limit but a maximum cashback limit. This means that there is no limit to the amount of money you can earn with the bonus, but you are only allowed to withdraw a certain amount. For example, even if you earn 10,000 EUR, you cannot withdraw more than 1,000 EUR. We recommend that you do not choose such bonuses.
- We recommend using cash bonuses in casino games with low house edge rates. In this regard, blackjack is the casino game with the lowest house edge percentage. Poker, roulette, and table games, in general, are the best choices for making a profit with cash bonuses.
Wagering Requirements: The “Catch” of Casino Bonuses
The wagering requirement is the most important thing that determines whether you can make money from a casino bonus, so we explain it under a separate heading. You get all of the bonuses mentioned above instantly, but you must wager a certain amount of money before you can use or withdraw them. This is called the wagering requirement and how much wagering you need depends on the rate determined by the casino. The formula you should use in general is the bonus amount multiplied by wagering rate, and here are some examples:
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As can be seen from this table, if the wagering rate is high, it can take quite a long time to complete this requirement, even for a small bonus. Moreover, in most cases, the wagering requirement can only be complemented by bets on slot machines, you are not allowed to play different casino games (even if you play it does not contribute to the wagering requirement).
Therefore, first of all, you should choose bonuses with a low wagering rate. Ideally, this rate should be between 20x – 40x. Also, pay attention to what restrictions are placed on your account until the requirement is completed – in most cases, you have a maximum bet limit (usually 5 EUR), which means you have to play a lot of games in a short time.
Sometimes you are also not allowed to make a withdrawal until the wagering requirement is completed. Generally, the fewer restrictions you have on your account, the better, and recently wager-free bonuses have become increasingly common in online casinos. As can be guessed, it is best to choose bonuses that do not have wagering requirements. However, if you cannot use this option, we recommend choosing bonuses with less wagering rate and account restrictions.
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The general rule with most online casinos is that players must fulfill their wagering requirements before claiming any bonus winnings. Sometimes no playthrough bonus codes must be redeemed, other times, the bonuses are simply credited to the accounts of new players automatically.
Some online casinos offer 10 times rollover requirements while others offer as high as 90 times wagering requirement.
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However, very few casinos have a no wagering requirement on some games. Going forward, a no rules casino bonus, simply means that you can play your favourite game with no wagering requirements.
Real Money Online Casino Bonus
For instance, if you win a huge sum, there will be no max cashout limits. Simply make a withdrawal request and all winnings will be given to you without any withdrawal limit. Always when you have to withdraw large sums it is best to use the most safe and secure options such as the online casino withdraw to bank account payment method. There are not many no playthrough no max cashout bonuses available in 2021, but they are certainly remarkable. Imagine that feeling!