One of the best things about getting started in the online casino gaming space these days are the welcome bonuses you will be offered when you sign up for a new platform.
With so many online casinos launching in recent years, it has gotten more competitive than ever to attract new players. As a result, online casinos have turned to welcome bonuses and online casino bonus codes as a way of enticing both new and more experienced players to keep using their platform.
While this might make things difficult for online casinos, the end result is positive for players themselves. And with the popularity of online casinos at an all-time high and so many different types of bonus schemes on offer, it has never been a better time to sign up to an online casino.
But if online casino bonuses have simply become part and parcel of the online casino experience, there is a more important question that now needs to be answered: How do I get the most out of it?
While for the majority of online casino goers out there, the welcome bonus they get provided with is simply a little something extra they can use to have a bit more fun, this does not necessarily need to be how you treat it. In fact, if you play your cards right, you can get a significant amount of mileage out of your welcome bonus.
There are, however, a number of things you need to keep in mind to maximize the potential of your welcome bonus. And in this short article, we will go over some of the best strategies to help you get the most out of it.
Online casino bonuses: Sorting the good from the bad
Before we delve into setting out some of these strategies, we should go through the different types of welcome bonuses and bonus offers provided by online casinos these days. There is a tremendous amount of variety when it comes to these bonuses, and they are definitely not all equal in terms of the potential profit you can earn by using them.
For example, there is a significant difference between a deposit cashback welcome bonus—where the player has their account credited with a percentage of their initial deposit—and a welcome bonus that consists of free spins on certain games. While both of these bonus types can be lucrative, a deposit bonus is much easier to use and has fewer restrictions placed on it.
Check the rules
Another essential thing to keep in mind when trying to squeeze the most value out of your casino bonus is to check the rules attached to its use! Understandably, online casinos aren’t merely going to give you free money with the hope that you might spend it at their casino; the whole point of the bonus is to get you to use it on their platform. For this reason, casino bonuses will usually have stringent conditions attached to them to ensure you stay on their platform.
Remember the wagering requirements
Much like the rules attached to a particular casino bonus, you also need to keep in mind any wagering requirements that might be attached to them. Wagering requirements are, essentially, the number of wagers you need to make or a certain amount of wagered money you need to hit before you can withdraw any cash earned using the bonus from the platform. These are restrictions that casinos use to make sure you stay playing on their platform before benefitting from the bonus they have provided you with. Certain casinos can put relatively high wagering requirements in place, which will restrict how easily you can withdraw your winnings from the platform. Additionally, you also need to keep in mind that you might lose money while trying to hit the wagering requirements.
For this reason, it’s really important to familiarize yourself with what conditions and wagering requirements are attached to a casino bonus before you try and make good on their offer of free cash or spins.
Watch the house edge
When trying to maximize your winnings with casino games, another good strategy is to try and stick to games with a relatively favorable house edge. Focusing on games with a lower house edge gives you a better chance of winning and, hopefully, a better chance of putting that bonus to profitable use!