Posted on October 12, 2010 - by Admin

Online Slots Bonuses

Slot bonuses are some of the most common bonuses that online casinos offer to players. This is because there is no way that the bonus can be abused, unlike bonuses for other games.

The reason that most online casinos offer slot bonuses is because slots have one of the lower payout percentages among the different casino games. The bonuses offered helps the slot player have a better chance of winning.

If the casino didn’t offer a bonus to slot players, there would be little incentive for them to continue depositing money into their account. And since their are several hundred online casinos, there is a lot of competition for slot players.

The wagering requirements for online slots tends to be a lot lower then other casino games. You really shouldn’t accept any slot bonus that is higher than 30x the deposit and bonus combined. That is why the slot bonuses are usually the best casino bonuses to accept and play with.

What are the different types of slot bonuses?

You are basically going to see two different types of slot bonuses. Any good bonus that is a match bonus (100%) will be a cashable bonus that players can withdraw from their account when they have completed the requirements.

An example of this bonus would be Cocoa Casino. They offer new players a 100% slots bonus that is worth up to $500.

The other type of bonus that you will be more likely to find are sticky bonuses. Because you cannot withdraw the bonus money, the casinos offer the players a much larger percentage on the bonus. This percentage is usually up to a 400% bonus on a deposit.

An example of this type of bonus would be Slots Oasis. This online slots casino offers new players a 400% bonus that is worth up to $4000. If you were to create an account and deposit $1000, you would receive $4000 and have a total of $5000 to play any of their slot games.

Slots Oasis’ bonus has a wagering requirement of only 20x, although the bonus money is removed after you make a withdrawal from your account.

Why would I want to accept a sticky bonus?

The main reason that you would want to accept a bonus like the one Slots Oasis offers is that it makes it easy to create a bankroll. Any serious gambler knows that if they go into a casino with only a couple hundred bucks, they can lose it all before they know what happens.

This happens all too often. A person deposits $100 at an online casino and then wonders why they lost it all within 30 minutes of playing. You are just as likely to encounter a losing streak when you first start playing then a winning streak.

This is what a bankroll is for. Mitigating your losses and being able to bounce back and win some money. After all, this should be the goal of every gambler. It just isn’t fun to lose all your money quickly and have to go home. This is especially true for any slots player.

Can I receive more than one slots bonus from an online casino?

It depends, but most often the answer is yes. The one thing that will determine whether or not you are offered another bonus is how you used your first bonus. If you lost all your money and followed their rules, of course they will offer you another bonus to come back and play.

The one mistake that I see a lot of people making is trying to cash their money out of their account right after they have cleared the bonus wagering requirements. Online casinos tend to frown on this. The more unscrupulous online casinos may try to void your bonus for doing this.

In general, you will want to clear the wagering requirements by an additional 5% to 10% before you ask for a withdrawal. This will let the casino know that you are serious about gambling and not just trying to take the bonus money.

What happens if I try to make a withdrawal early or play a casino game that is excluded by the bonus?

You have to make sure that you are following the rules of the bonus set out in the terms and conditions. The better online casinos will simply tell you that you cannot yet make a withdrawal. Some online casinos specifically say that they can remove the bonus money you receive and void any winnings if you do try to withdraw your money early.

As far as restricted games go, the same thing applies. The good online casinos will have a process in place to make sure that you are not using the bonus money if you decide to play a casino game that is not covered by the bonus terms. The alternative is either you will not be able to play these restricted games or the online casino may revoke your bonus and void your winnings.