Best Online Casino Bonuses

Simply put, deposit bonuses require you to make a minimum deposit to claim a reward, whereas a no deposit offer credits your bonus on registration. Some sites offer both to encourage you to sign up and then deposit at a later date. While a no deposit bonus may seem more appealing on the surface, most come with restrictive terms and conditions. However, if you find a site offering both, you can maximise your bonuses and increase your initial bankroll at a new casino.

Welcome bonus rules vary between sites. Some are straightforward and don’t require any extra effort – just sign up or deposit and the reward is credited to your account automatically. Alternatively, some casinos require you to enter a promo or bonus code. This is common for casino brands that host a variety of products, such as sportsbook and bingo, and where more than one welcome bonus may be available to new players. In cases like this, you will probably need to enter the code during registration at the site or at the cashier, to claim the casino-specific welcome offer. Always read the terms and conditions before signing up to a casino to avoid losing out on a bonus over a technicality.

Most casinos have two separate wallets to manage your real cash and bonus funds. The names vary between sites but they are mainly categorised as a withdrawable and non-withdrawable wallet. Your real money wallet holds your unspent deposits, winnings and any profit from a bonus where you’ve satisfied the wagering requirements. All cash in this wallet is available to withdraw at any time, subject to minimum withdrawal limits. Your bonus wallet contains funds you’ve been awarded from a promotion such as a welcome offer or loyalty bonus. These funds are limited to promotional terms and conditions and are only transferred to your withdrawable balance once you’ve met the requirements.

You can withdraw the cash in your real money wallet at any time, subject to restrictions set by individual casinos. Before claiming a bonus, check the terms and conditions as your bonus cash and any winnings may be forfeited if you haven’t satisfied the wagering requirements at the time you withdraw your initial deposit. Some bonuses use your deposit funds before accessing the bonus cash, so be alert and know which wallet you’re wagering with. If you play through your cash and decide you no longer want your bonus, you won’t be able to refund your deposit.

While wagering limits can be a nuisance, as you don't necessarily get to enjoy the full amount of your winnings, they allow casinos to offer heftier promotions to their players. They also allow you to play for longer with your deposit. If you deposit £10 and get a huge £50 in bonus funds that's £60 to play with! While you can't immediately withdraw that £50 you still get to play with that bonus money as if it were real money you deposited. Simply put, a casino bonus promotion allows both the casino and you more bang for your buck. Once you have met the wagering requirements you can withdraw your winnings as real money, and the casino is able to continue offering these huge bonuses.