For online casinos to attract players and competee with each other they offer favourable promotions and bonuses to their players. Offering bonuses is one way to attract prospects and retain current players as well as encourage players to deposit money and play. Youíre likely to sign up with a casino that offers welcome bonuses and other free offers.
With a casino bonus, players are able to stay engaged and play for longer. This benefits the online casino because their income will be increased if the player loses. Gamblers benefit by potentially being able to try out a game, without an initial deposit. They also get to play for longer, increasing their chances of winning.
Sometimes it can be better to play without a bonus, as bonuses usually come with conditions, called wagering requirements, which stipulate how many times a gambler must play through the bonus, before being able to withdraw any winnings. Without a bonus, winnings can generally be withdrawn anytime, without any conditions or wagering requirements.
Bonus wagering requirements are conditions attached to a bonus, that stipulates the amount you have to bet before you can withdraw any winnings. They are indicated by 10x, 20x or 40x. For example, if you are given a £5 bonus with a 10x wagering requirement, you will be able to withdraw winnings once you have bet £50.