Types of Live Casino Bonuses
There are many different kinds of live casino bonus UK bettors can claim and live dealer casino bonus that online casinos bring to the punters. These bonuses have terms and conditions you should make sure you read before going for it. Most casino bonuses will have a wagering requirement attached to it. The live casino bonuses are suitable for both newcomers as well as seasoned punters who have been connected with a specific casino for quite some time. Here are the different kinds of bonuses that casino players can get if they sign-up or reload their deposit in a casino:
Deposit Bonuses
Most casinos give you deposit bonuses once you sign up or register for a casino. When you sign up and place a specific deposit, you get a bonus percentage out of it. So, if you have a 100% bonus and you deposit £100, you get a deposit bonus of £100. So, you can play with a total of £200. Generally, while the deposit bonus can be lucrative, it can have a wagering bonus attached to it.
No Deposit Bonuses
No deposit bonuses are bonuses that a casino can offer occasionally. If you have registered yourself with a casino, then the casino might try to tempt you with a £5 or £10 to try your luck at the live casino. However, they can come with a high wagering requirement or win condition like £50 to £100. These bonuses are designed in a way that you will require to test your luck several times before getting any returns from it.
Reload Bonus
Reload bonus is a bonus that casinos offer to loyal customers. Reload bonus is a percentage of bonuses that you can get after you reload a deposit amount. It is generally lower than the first deposit bonus that a casino offers. It will have a wagering requirement attached to it too. Many casinos have a fixed reload bonus, while a few casinos provide reload bonuses against a few games. Reload bonuses can also be given out seldom, depending on the casino and their operating rules and regulations.
Cash Back Offers
There are many kinds of cashback offers that casinos can give if you are losing during an event. You can take advantage of cashback offers if used wisely. These are the different cashback offers, which many casinos offer occasionally.
First Deposit Cash Back
It is quite similar to the deposit bonus. If you have a 50% cashback offer up to the maximum limit of £50 and you end up losing all the amount that you put at stake, then the casino can give you half of the sum that you lost. For example, if you deposit and lose an entire sum of about £100, you can get £50 as cashback. However, since there is a limit of £50, if you deposit a value of £200 and you end up losing the entire sum, you will only get £50 as cashback. Generally, this kind of cashback can be withdrawn immediately, though you should look at the terms and conditions placed with this cashback offer. There may be a wagering requirement attached to it.
Daily/Weekly/Monthly Cashback
There are a lot of different kinds of cashback offer arrangements that casinos have for newcomers, VIPs, and even high-rollers. Daily, Weekly or Monthly Cashbacks are provided to the loyal VIP players who engage in high stakes. If you lose out on a high stake, the casino may give you a 10% rebate on it. Or you can get a 0.2% rebate on all of the wagers credited either daily, weekly, or every month.
Cash-on-top
Cash-on-top is quite a rare bonus offer that live casinos give to keep players playing. As the name suggests, cash-on-top means an extra win over the amount that you initially win after playing any game. For example, a casino might offer 20% extra against blackjack wins up to a limit of £200. There can be other conditions attached to it as well like you have to play for a fixed time limit, or you have to meet specific wagering requirements. So, let’s say, you meet all of the requirements and get a £1,000 win, then you get an extra £200. So, you get a total amount of £1,200.
Non-Cashable Bonuses
Certain casinos give you non-cashable bonuses. In these cases, the bonus cannot be withdrawn as cash, but it can be used to play a game and meet the wagering requirement. If you deposit £100 and get a non-cashable discount of £100, you can wager using £200. If you get a final amount of £500 after meeting the wagering requirement and try to withdraw the same amount, you can only withdraw £400, minus the £100 bonus that the casino takes away from your total winnings.
You should read the terms and conditions of all the bonus offers before applying for them. You don’t need to use bonuses. You can opt-out of it as well if you find the wagering requirement to be too high or the conditions are not suited for you. You should also check the live dealer contribution regarding meeting the wagering requirement. If you find any offer to be too good to be true, then you might want to examine it further.
What is a wagering requirement?
In the live casino bonus UK and live dealer casino bonus section, you might come across the term wagering requirement. The wagering requirement is a condition placed by most casinos against specific bonuses wherein you have to bet a certain amount a couple of times as prescribed before you can release the bonus amount in your account for withdrawals.
However, not all games will contribute completely to the wagering requirement. There are certain games that might have a lower percentage of contribution to the wagering requirement, which means the number of times you need to wager it will increase if you engage in these games. The wagering requirement is represented by __x, which means the number of times the deposit or bonus has to be put at stake before you can withdraw it.
Let’s say, the bonus amount has a wagering requirement of 35x, then you have to wager the bonus amount about 35 times before you can withdraw it. If the amount is £300, then you have to wager a total of £300 x 35 = £10,500. If Live Blackjack is a game that only contributes 25% towards the wagering requirement, you have to multiply the above amount with 4. So, the total wagering requirement turned out to be £10,500 x 4 = £42,000.
While playing a long game can become quite profitable in the long run, high wagering requirements are generally not lucrative enough when you put the investment, time, and risk in the equation. So, when you engage in bonuses with high wagering requirements, the withdrawal might be quite low. Plus, games have different contributions towards meeting the wagering requirements. Live casino games, generally, have a low percentage of contribution towards meeting the wagering requirement. You have to go through the wagering requirement rules to understand how much you can contribute towards it.
Live Dealer Games
Live casino bonus UK and live dealer casino bonus may not be as copious with their bonuses as other online casino games. They have a lower house edge attached to them. It means that if you are willing to put in the risk and stake a lot of money, you get a chance to get a lot of money from the live casinos. Since you get this advantage in live casinos, many of them may not contribute completely to the wagering requirement. Some games may not even be included in the wagering requirement conditions, coming up to 0% contribution to meet the wagering requirement.
On the other hand, there are live dealer casino games, as well. Live dealer casino games are costly as it requires high-tech cameras, human dealers, and a quick response team. As a result, promotions in the case of live dealer casino games are rare to come by. For example, a casino may offer a 100% bonus up to £100 and have a 25x wagering requirement for both deposit and bonus. It means your wagering requirement is 25 x £200 (£100 deposit and £100 bonus). In this case, you might find that live casinos give only an 8% contribution to meet the wagering requirement. So, for every £100 staked in a live casino game, there will be only £8 contributing towards the wagering requirement. Overall, it increases your requirement 12.5x, and the current wager stands at £62,500.
There can also be certain live casino games which do not contribute to the wagering requirement at all. You should read the rules of the casino when it comes to wagering requirements and which games contribute towards it.
Match Percentage
Match percentage is generally kept against a specific bonus. For example, a live casino welcome bonus or live casino deposit bonus is an excellent example of a match percentage. Match percentage means the money amount that a casino puts up against your deposit. It can be between 25% to 500%. If you deposit £100 and have a match percentage of 50%, then the casino will add a bonus of £50 and match it against your deposit amount.
Maximum Cashout Limits
Maximum Cashout limits are quite often attached with no deposit bonuses. Maximum cashout limits are bonus rules which enforce a limit, which is the max amount that you can potentially win against the bonus. While it is justified when you are using up your no-deposit bonus, such a limit should not be placed on other bonuses.
Minimum deposit
As the name suggests, there are certain minimum deposit limits placed by casinos which you need to meet if you are trying to qualify for a bonus. For example, the casino might ask you to put in a minimum deposit of £100 to get the bonus. Each casino has specific minimum deposit requirements. You might be told to put in £10 to £25 as a minimum deposit as well by certain casinos.
Maximum bet per hand/spin
Generally, there are certain limits to the bet that you put at stake against each spin or bet. This kind of condition has been put in place because if you play fewer bets, there is a higher chance of random deviation, which will end up putting you ahead during a betting event.
Deposit method limitations
There are specific deposit methods which may not be allowed by casinos. You have to look into the terms and conditions of specific casinos before you opt for these methods. If you use these methods to deposit your money, you will not be able to get the bonus attached to the deposit. Generally, some of the modern payment methods like e-wallets(like Neteller and Skrill) are excluded from bonus offers.
Tips on how to use live casino bonus
Overall, casino bonuses are quite lucrative and will give you quite an advantage when you are engaged in betting. However, there are a few tips that a punter should take into consideration when they are using a casino bonus:
Check the bonus percentage and the maximum amount
Always remember to check the bonus percentage and the maximum limit against that percentage. While many casinos go for the 100% bonus percentage, a few casinos can offer 150% or even 200%. You should also check whether the bonus percentage is a cashable or non-cashable bonus.
Wagering requirements
Bonuses generally come with a wagering requirement. Check the wagering requirement and decide whether you are willing to go for a bonus or not. You should also check which games contribute to meet the wagering requirement. If the wagering requirement is too high, then the final payout can turn out to be low.
Declining a bonus
A misconception that most new punters have is that they feel that bonuses are mandatory and cannot be denied. However, casinos give you an option to reject a bonus, if required. It is because of this that they have a feature called opt-in. Unless you opt-in, you cannot apply for a bonus.
Look for no-wager bonuses
Many punters look for no-wager bonuses, and there is a reason for that. No-wager bonuses mean bonuses that do not have a wagering requirement attached to it. You can cash out these bonuses immediately after getting it. These bonuses are rare, but you should always be on the lookout for no-wager bonuses.
Don’t rely on bonuses
You should not come to a casino just for the bonus. You have to realize that bonuses are extras, and you can choose to reject it. If you have a gambling desire, only then you should opt for a casino and play in it. Don’t just get allured by the bonus as there can be bonuses with a high wagering requirement, which is designed so that the casino can have the advantage.
Conclusion
Casino bonuses are a great way to boost your winnings. However, you have to be careful when you apply for a bonus and check the conditions of the bonus, including the wagering requirement. Live casino bonus UK and any live dealer casino bonus you can find generally are not very copious with their bonus and tend to not contribute much towards meeting the wagering requirement. It is always in your favour to look at the different bonuses and carry out a comparison of them before you opt to go for the best live casino bonus. If you desire, you can choose to reject an online live casino bonus as well if it does not meet your requirements. Remember, you can use your bonus strategically to boost your wins or secure yourself against any prospective losses. Finally, don’t just rely on bonuses when you are engaging with casino games. Play casino games for fun and to appease your gambling desires.Betting.co.uk is providing comprehensive reviews and comparisons of gambling operators as well as their best casino offers such as mobile casino offer, bonus spin offers and other offers.
