Understanding Different Types of Online Slots Bonuses

Online Slots BonusesOne of the primary reason many gamblers prefer to play at internet casinos, as opposed to the land-based variety, is the vast number of promotions available to players. Online slots bonuses are the most common variety, and can be extremely valuable for those who truly understand them.

There are three main types of online slots bonuses available at today’s top internet casinos. They each come with their own list of terms and conditions. I’ll explain how they work, and how to clear them so that you can withdrawal any winnings you may acquire while using them.

Deposit / Reload Bonuses

This is the first and most frequent type of online slots bonus you’ll come across. Every internet casino provides a welcome bonus, followed by subsequent deposit bonuses, aka reload bonuses. The majority of them restrict players to using those free credits on the operator’s vast selection of slot machines.

These are generally the largest online slots bonuses you’ll come across. Welcome bonuses in particular can be extremely high in value, matching a new player’s first deposit at 100% (or more) up to hundreds, if not thousands, of dollars. Reload bonuses are similar, but may match only 25%, 50% or 75% of a deposit, often with a lower cap of maybe $100-$200 in bonus credits.

Deposit bonuses always come with wagering requirements, necessitating play-through of the deposit amount and bonus credits received. Typical wagering requirement would be 30x play-through on slot machines only.

How does that work? Let’s do a little math. For a 100% bonus on a $100 deposit, the total deposit+bonus would be $200. Multiply that by 35x, and you’ll find that you need to place $7,000 in wagers on the slot before you can cash out any winnings.

No-Deposit Bonuses

Some internet casinos will offer online slots bonuses that don’t require a deposit. These are called no-deposit bonuses. You can expect the value to be low, and the wagering requirements to be high. But hey, free money is free money.

A typical no-deposit bonus might give you $10 to play the slots on the casino’s dime. Pay close attention to the terms, though.

They might stipulate that you must complete high wagering requirements of 60x or more, and can then withdrawal only a limited amount of winnings; maybe $100 or so. Or, the terms could say the winnings are never cashable, in which case you might as well have played in practice mode.

Free Spins

I’ve come to find that free spins are the best online slots bonuses out there. Unless they come as an addend to a deposit bonus, you won’t have to make a purchase to receive them. And since they are free spins, rather than credits, there should be no play-through required on them either.

But as always, read over the terms and conditions anyway. Internet casino operators are always looking for ways to keep players betting real money. Some free spins may require wagering requirements to be fulfilled on any winnings derived from the bonus.

Also pay attention to what games you can use those free spins on. Many times, a casino will promote free spins for new slot machine titles recently added tot he menu. This often have the best terms attached, so keep an eye out for them.

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