Why Do Online Casinos Give Out Bonuses or Promotions?
Bonuses are important for punters. Generally, punters in online casinos engage in some form of risk, and the house will have some advantages. Online casinos know that punters would only keep playing if they get wins. That’s why online casinos give out bonuses or promotions to punters. Promotions are intended to make sure that punters keep cming back to the online casino time after time.
Of course, if you so choose, you can opt-out of a promotion, Promotions are also a way by which individual online casinos try to differentiate themselves from others and therefore, attract new customers to their side. However, online casino promotions, though seemingly lucrative, can have hidden terms and conditions, and so, you need to read them carefully. Plus, it will benefit you if you go through promotion comparisons of the online casinos before opting in for a bonus of any single online casino.
Types of online casino promotions
Deposit Bonus or Welcome Bonus
The deposit bonus or welcome bonus is given out to punters who sign up to an online casino online for the first time. It is generally calculated as a percentage of the deposit, and hence, it can be as low as 25% and go up to 150% and even more. However, there are minimum deposit limits and maximum bonus limit in most online casinos. The minimum deposit limit means that you have to deposit a certain amount of money if you wish to avail of the bonus. The maximum bonus limit refers to the maximum bonus amount that the online casino will give to the punters. So, for example, if the deposit bonus is 100% with the max bonus limit of £100 and the minimum deposit is £100, then on depositing that amount, you get an additional bonus of £100, making the total as £200. On the other hand, if you deposit £200, you will not get £200 as a bonus, but the max limit of £100, as per the condition of the bonus.
No Deposit Bonus
No-deposit bonuses are a rare find, but many generous online casinos provide it. A no-deposit bonus is a favourite among newcomers. To avail of this bonus, you do not have to deposit any amount of money. You have to sign-up to the online casino online, and you can get a no-deposit bonus deposited in your account. You can use this bonus in any game and, therefore, test out your luck at first without risk.
High roller offer
The high roller casino offers are given out by few online casinos to tempt high rollers to put in more money. High rollers are people who put in a large sum of money at stake and like to take risks. High rollers require a bit of motivation to make them play on and keep putting in the high stakes. High Roller offers motivate high rollers to explore more games.
Most online casinos have a VIP Lounge or a Loyalty program. A regular punter can be part of the loyalty program by gambling occasionally, putting up high stakes, and earning a lot of loyalty points in their favour. After earning enough loyalty points, you can be invited to be a part of the VIP program of the online casino. VIPs can get a lot of online casino promotions, which include cashbacks, discounts, bonus spins, etc. They can also get fast withdrawal benefits.
Refer a friend offer
There are a few online casinos that give you the ’Refer a friend offer.’ You can avail of this offer if you refer your friends to the online casino online, and they sign up for it. Sometimes, your friend has to deposit to the online casino online if you are to get the bonus. A few online casinos may even give your friend a starting bonus since they registered with an online casino online through a reference. Before using this promotion, you need to read the terms and conditions of the online casino online carefully. The online casino must be conveyed that your friend has registered the online casino online through your reference. Generally, you have to input a promo code to ensure that the online casino online knows that you had referred the online casino to a friend.
Generally, a bonus spins promotion is a bonus that comes clubbed with the welcome bonus. As a welcome bonus, many online casinos give the newly registered punter a matched deposit and along with that, additional bonus spins. These bonus spins can be used in all kinds of slot games or other types of games, depending on the conditions imposed by the online casino online against the bonus spins. You can also get bonus spins without a deposit if the online casino wishes to give out a no-deposit bonus spin promotion. You might have to meet specific wagering requirements attached to bonus spins to convert them into withdrawable winnings.
No Wagering Requirement Bonus Promotions
No wager bonus promotions are one of the most coveted promotions that all punters, newbies and seasoned ones, look for. No wager bonus promotions are promotions that do not come with a wagering requirement. If you get this promotion, you can cash out the bonus immediately. No wagering requirement bonus promotions are rare to come by, and so, if you do get a no-wager bonus promotion, read the conditions and apply for it.
Few online casinos can give out cashback promotions as both a welcome bonus as well as a loss-preventive method. Cashback promotions as a welcome bonus generally come without any other kind of deposit bonus. Instead, you can get a certain percentage of cashback against any deposit, regardless of whether you lose or gain. In the case of betting losses, a few online casinos can give out cashback promotions in a way that you get compensation in the form of withdrawable cash against any loss.
The best online casino promotion UK may look alluring, but most of them will have a wagering requirement attached to them. You should be able to judge whether these wagering requirements can become lucrative for you in the long run. These promotions might also have an expiry date, so you have to use up the promotions before it expires. You should create a channel through which you can get to know which promotion is upcoming or ongoing so that you don’t miss out on any one of them.
What is a wagering requirement?
You might come across the term wagering requirement a couple of times when you are reading through the promotions page and conditions. The wagering requirement is a multiplier, generally represented by ___x (20x, 30x, etc.), and it shows the number of times you need to put your winnings at stake before you can cash it out. The wagering requirement generally differs based on the bonus or the online casino, but most bonuses will have a wagering requirement.
You should read the terms and conditions of the wagering requirement before opting-in for a bonus. Plus, while there are a few games that contribute completely to the wagering requirement, there are a few games that may not contribute completely (50%, 25%, etc.) to it. This information might also be present in the conditions of the wagering requirement or under the specific game information. You have to strategize whether you will opt-in for a promotion or not based on the wagering requirement. Generally, high wagering requirements translate to low payouts, and so, it is best not to opt-in when the wagering requirement is very high.
The best online casino promotion UK provided by different online casinos are not mandatory. You have to opt-in if you want to avail of a specific online casino promotion. online casinos have given this choice to punters since there can be several promotions that do not fit the needs of the punters. The wagering requirements of certain promotions can be quite high, or they may not meet the desires of the punters. During these situations, the punter can opt-out of a promotion. For welcome bonuses, you can opt-in by checking the box during sign up which asks you if you wish to avail a bonus or not. For the other promotions, you will be requested to opt-in if you so desire. In the case of other promotions, you generally have the option of inputting promo codes. The online casino provides you with the Promo Code, which you can choose to apply if you wish to opt-in for a specific promotion offer.
How can you be notified about online casino promotions?
There is no fixed time when an online casino can give out promotions. You have to keep yourself updated about any oncoming or ongoing promotion of a specific online casino. Here are some of the tips on how you can keep yourself updated about any online casino promotion:
Join the mailing list of the online casino
While most of these emails can be spam, emails from a specific online casino generally contain information about upcoming promotions or ongoing promotions. Join the mailing list of the online casino so that you can get the promotion emails from the online casino, though you might have to skim through a few spams. Generally, you become part of the email listing once you join an online casino, but if you are not, contact customer support.
Follow your online casino on social media
Nowadays, online casinos are quite active on social media. If your online casino is trustworthy, you can find them on different social media sites like Twitter, Facebook, etc. Follow them on these sites. Generally, when there is a promotion offer, these online casinos will upload them on their social media accounts and keep you updated.
Visit their site
If you are a regular punter, you are probably going to visit the website of the online casino daily. If there is an ongoing promotion or an upcoming one, you can find the information on their website. You have to visit the website, and you can find the bonus either on the Promotions page or the Home Page.
While online casinos do not hide their promotions, there are specific promotions that they may not reveal. These promotions are generally for high-rollers, regulars, and the VIPs. You can find these promotions by asking customer support. So, you can ask about any upcoming promotions at the starting of a month as a monthly review.
How to know which online casino is trustworthy?
While the best online casino promotion UK might allure you, a constant question that you might ask when you are going for an online casino is: Is this online casino trustworthy? While there are fraudulent online casinos all over the world, you can check certain things about an online casino that proves their trustworthiness:
- Licenses: Check for the license of a casino online. If the online casino is licensed by top regulatory bodies like the UK Gambling Commission, then you can be sure that the online casino can be trusted.
- Software provider: Check out of the software provider of the online casino. Generally, the few top software providers will not attach themselves with fraudulent online casinos. They have a fantastic screening process. So, if an online casino is attached to top software providers, they might be reliable.
- Auditing: Most online casino games require auditing by independent auditors like eCOGRA. If an online casino and its games have eCOGRA certification, then the chances are that the online casino is trustworthy.
- Customer support: A online casino with proper customer care and with several mediums like telephone, live chat, social media, etc.is generally trustworthy. These online casinos are always looking forward to taking care of their customers and supporting them in their gambling expeditions.
A trustworthy online casino will have a proper attractive website with appropriate usability. However, it is not only the attractiveness that sets these online casinos apart. Reliable online casinos will also provide adequate information to individuals so that there is a proper level of transparency regarding every act of the online casino, including giving bonuses.
Tips for selecting the right online casino promotion 2019
As online casinos provide a lot of online casino promotions, it can be difficult for an individual to choose the right kind of promotion. Hence, you need to go through several things before you opt for a promotion. Here are a few tips for selecting the right kind of promotion:
- The trustworthiness of an online casino: First and foremost, you have to check the license and certifications of an online casino to understand whether they are trustworthy or not.
- Reading the terms and conditions: If a promotion looks too good to be true, start examining it and learn everything about it. Do not leave any terms and conditions out — research about it on comparison sites.
- Check wagering requirements: Check the wagering requirements attached to the promotion. If it is too high or not suitable for you, you can always opt-out.
- Game contribution percentages: Check which games contribute what percentage towards meeting the wagering requirement and strategize how you wish to meet the wagering requirement.
Online casino promotions are a great way to minimize the risk against any stake that you make, but you have to be wary about the conditions of an online casino promotion. You can always opt-out from an online casino promotion if you want, so decide for yourself and strategize as to how you want to engage with an online casino promotion. Before you opt for an online casino, ensure that it is trustworthy. Stay updated with the online casino promotion 2019 with Betting.co.uk and always be informed before opting in for a wise and fulfilling gambling experience.This website also helps punters to give latest details of live casino offers, Casino promotion offers, mobile casino offers and other offers.