Getting the Most out of Gambling Bonuses Online

Getting the most out of gambling bonuses online may seem like a simple feat, but this isn't always the case. Learning about the types of offers that are available and how to choose the best ones will help individuals secure their bankrolls and earn more money in future endeavors. The devil is in the details, when gambling for real money.

Without a Deposit

Players can get free cash from venues without ever having to make the first deposit and this is done so that the player can enjoy the various games and get to know the website before spending any hard-earned cash. Though this is not as common as some other casino bonus types, it is still widely available if players know where to look. Expected values are between $5 and $100.

With a Deposit

The most common promotion is the one in which the player receives a percentage of his or her deposit returned in the form of free cash. As an example, if an individual deposits $100 and the site offers a 100% match of up to $50, then this individual will have a total bankroll of $150 once the deposit has been matched.

Preferred Payment Methods

Another way to earn some free money is to use one of the venue's preferred payment methods. Oftentimes, these sites are rewarded when they advertise for certain e-wallet service providers and they want to pass these rewards to their customers. Canadians who want to deposit with Neteller, Moneybookers, Click2Pay or even Instadebit may enjoy an additional 10% to 15% of each deposit they make.

Referring Friends

Referring friends can also earn cash, but this is done in different ways. While one site may provide a percentage of the revenue generated by every referred player in the form of a bonus, another may simply provide a one-time cash reward of $25 to $50. In each case, there is generally no limit to the number of friends that can be referred or prizes that can be claimed.

Alternatives to Casino Gambling

Of course, traditional games aren't the only things that these offers are good for. Many venues have integrated poker rooms and sportsbooks into their offerings, so it is possible now to find separate offers in the form of a poker bonus or a betting bonus. These may be awarded in addition to other promotions that are provided for use with slots and classic table games.

Wagering Requirements

Wagering requirements are put in place so that these amounts cannot simply be claimed and then cashed out. In some cases, it is necessary to wager between 10 and 50 times the amount of cash that was awarded before a withdrawal can be made. At other sites, the winnings earned with the original offer are released in stages as the gambler spends his or her own money to play the games. It is important to read the terms and conditions associated with these offers to avoid disappointment or confusion in the future.