Pros & Cons Of Common Casino Bonuses
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Most people choose online casinos over their regular counterparts because of the wide array of games. Others, however, choose the operators because the latter have amazing bonuses. Some of the offers are also present in brick-and-mortar casinos, but others can only be found online.
Casinos invest a lot of money into their bonus sections and promote them as much as possible. However, this does not mean that all offers are worth it, especially if you dive deep into their Terms and Conditions.
That said, even this may not be enough to determine if a given offer is good if you do not have enough experience. That’s why it’s time to consider some of the pros and cons of certain proposals.
Katerina Gadzheva, Betting Expert & Writer for SilentBet
People reading this are in luck because I have used all kinds of casino bonuses over the years. Yes, some are slightly different, but I have first-hand experience, and I will share it with you.
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Free Spins
When most people think of online casinos and bonuses, there is a good chance that free spins will be among the first offers that come to mind. You can find these offers on many different platforms, but they have a lot of similarities.
Pros
When it comes down to the advantages, free spins allow people to play some slots for free. Most of these bonuses only focus on a single game, but it is possible to find free spins that will work if you decide to use a couple of different titles.
Another big advantage of the free spins is that the winnings may not have high rollover requirements. This depends on the casino, so don’t be surprised if you have to wager your winnings at least a few times.
Cons
One of the significant drawbacks of using free spins is their value. Some casinos will offer FS that can reach up to $0.50 per spin, but most are just a few cents. In other words, even if you win something, the amount won’t be that impressive.
Another drawback is related to the required deposit to get the offer. Some casinos can have no deposit bonuses that grant free spins, but most people will have to deposit money to use this deal. The deposit itself can be high and some casinos require more money on purpose.
Deposit bonuses
If you uncover some of the online casino tips, you will see that some people recommend using different types of deposit bonuses. Although you can find them under various names, they provide the same kind of reward – a percentage on the transaction. There’s no arguing that these propositions are appealing, but you should know a few important things about them.
Pros
The biggest advantage of using deposit bonuses is that you get a lot of extra cash to play with. You can double or even triple your initial transaction, depending on the promotion.
Another big advantage of using deposit bonuses in an online casino is the additional opportunities. The fact that you will have more cash to play with allows you to experience loads of additional games and options that you would not want to try.
Cons
Unfortunately, online casino deposit bonuses have loads of cons that you have to know. The first one is the lowest amount required to use the promo, and the deposit itself is needed to make the most out of a given offer. In other words, clients often need to deposit a lot of money if they want to make the most of the bonus they are using. This is one of the reasons why it’s good to calculate your average loss when playing in an online casino so that you know how much money to deposit.
Another big con is the wagering requirements. Every single deposit offer has them, and users must follow these rules if they want to make a withdrawal. While it is true that some of the rollover rules are not hard to meet, others do not fall into this criteria.
Lastly, most deposit bonuses have a fixed duration. It may not be an issue for some, but others will start playing all kinds of games because they will be afraid that they will lose the offer.
Katerina Gadzheva, Betting Expert & Writer for SilentBet
Keep in mind that there are many different kinds of deposit bonuses. Some online casinos only have the classic 100% offers, but you may find way more options.
Cashback
Some offers in an online casino are also offered on sportsbooks and other types of sites. Cashback is definitely one of them because it allows clients to get a specific percentage back from the operator.
Depending on the online casino, the casino cashback can reach up to 20%. In some cases, it will depend on other types of bonuses, such as the VIP programs.
Pros
It goes without saying, the first big pro when it comes down the cashback bonus is that you can get some of the cash you have lost. The amount will depend on the casino and the cashback bonus itself. Most, however, have a specific minimum and maximum amount.
The fact that you will get some of your money back will allow you to keep playing for longer. Moreover, you can use this app to experience new games and other options.
Cons
Sadly, the cashback bonus is one deal with more cons than pros. The biggest one is the fact that the offer depends on your losses (at least in most cases). In other words, you will have to lose a lot to get more cashback, which is not ideal for some people.
What’s also not good is that most cashback bonuses are only available to clients who play specific games. It is possible to find this deal for certain casino software providers or game type.
VIP Clubs
The last casino bonus that we want to discuss here is the VIP Club(s). There are many different types of loyalty offers and propositions, and each brand has its unique approach. However, almost all of them are designed to reward existing customers and offer them different perks.
Unlike some of the other deals, becoming a part of the VIP Program of a given online casino usually requires a lot more than just a deposit. In fact, some sites will only offer this deal to their most loyal clients.
Pros
There are many different advantages related to the given online casino’s VIP Club, such as its numerous offers. It is possible to find exclusive bonuses, better withdrawal limits, access to additional events, customer support benefits, and much more.
VIP players at an online casino usually have a special status. This can make them more credible in instances where the casino has a forum or a blog.
Cons
The main drawback is that being a VIP player can be expensive. Depending on the online casino, some people have to spend a lot of money before they can get any of the special statuses. Moreover, users may have to keep spending money to keep their status.
Another con is that not all VIP programs offer their perks immediately. On the contrary, users will have to spend a lot of time playing and reaching a given level before accessing them.
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