Rewards and various benefits are the biggest promotional move for online casinos. Offers like the iLucki Casino bonus allow guests to win huge money and free spins on selected slots or other prizes.
Online casinos’ days of fame were between 2005 and 2010. At that time, wagering requirements were minimal or even absent. Such a bounty was extremely advantageous, and bonus hunters could have washed their hands. However, modern casinos have significantly tightened the terms. Today, casinos also make money on bonuses. However, despite wagering rules, casino promotions are still attractive and generous.
Types of Casino Promotions: Working Principles
Online casinos offer several promo formats. There are no better or worse bonus types on casino sites since players choose the best based on their preferences.
- Deposit-matched bonus
This is the most common type. Once you deposit your account and become eligible for a reward, the casino will credit a proportionate amount of funds or free spins to your bonus account. Welcome packs for novices and reload bonuses for regulars work this way.
- Deposit-free bonus
This bonus is the most popular among players since it gives money or free spins without deposits. Such bounties are very low, usually from $5 to $25. However, they help try new games and test slots to understand their payouts.
- Free spins
Free spins on selected slots perform as deposit or no-deposit bonuses. As they have a pre-set value, you cannot choose the bet size.
- Cashback
The casino will send you a portion of your lost bets over a specified period. However, you can’t withdraw the money immediately but have to meet wagering requirements.
In addition to traditional bonuses, players can generate winnings while participating in slots, poker, other tournaments, lottery contests, etc.
Things to Consider When Using Casino Bonuses
To make the bonus cashable, the player must wager a certain amount. This is usually a multiple of the bonus amount or the bonus plus deposit amounts. Betting requirements for particular games are also crucial to know. Casinos consider only a portion of the bet in wagering requirements for specific games to make this less complicated. Which part counts? The information can be found in general terms.
If you have active bonus money to wager, your bet is limited. So, your bet on one spin cannot exceed, for example, $5. Anyway, you should follow the gamble feature to double your winnings.
And finally, bonus duration matters. Once the casino has deposited bonus money or free spins into your account, the countdown begins to make you complete the wagering requirements on time. The bonus will be voided and debited from your account if you do not.
