Online casino bonuses allow you to get a lot more play for your money. Most players enjoy using a free cash bonus, because it gives a much better chance of hitting a jackpot. Below, we list the best casinos for bonus offers.
The best bonuses will allow you to play much longer and also, allow high limit slots play on a reasonably small initial deposit.
When you play slots for real money, online casinos reward their players in different ways from land-based casinos. Obviously, they do not have rooms, restaurants, or drinks services, so can't offer any of these as their comps.
The biggest and best advantage to playing online is not associated with bonuses, but that you get a much higher payback percentage with online compared to Las Vegas - you get more wins when you play an online casinos.
Online casino slots are set to pay back much higher proportions of the amount played, so whereas a slot in Vegas may only pay back 85% or so, the same slot in an online casino may pay back 95% or more.
In Vegas, the penny games (like the ones we feature here at www.penny-slot-machines.com) are notorious for having a very low pay-back (meaning you win less), wheres online, you get the same high payback whether you play for pennies or high limits.
The other way you get promotions when you play an online casino is the matched deposit bonus. With this type of offer, the casino usually matches whatever you deposit, so you end up starting on twice as much money as you would do without the bonus.
So, if you deposit $100, the casino matches it $100 free and you have $200 in video slots credits to start with. This is called a 100% matched deposit bonus
Other casinos online give much higher than 100%, right up to 500%. So, with a 500% bonus, you might deposit $100 and get $500 to play with. The amount of money up for grabs can also vary between casinos.
As you might expect, if you take a bonus, the casino will expect you to play and not to simply cash out the free money and go home.
So, the casinos set a minimum amount you have to play before you can cash out. A typical example would be something like (20 x deposit) + (20 x bonus). In this case, if you had deposited $100 and the casino matched it with $100, then you would have to play $4000 in spins.
So, before you can cash out your winnings, you must play the equivalent of 4000 $1 spins, or 800 $5 spins. In general, the greater the amount the casino offers you in free money, the more they expect you to play with it before you can cash out.
Another group of players that would not be a bonus are those that play the online slots tournaments. Many of them are free to enter and so you can win cash without needing to deposit any money at all.
It can be quite difficult to achieve these play-though requirements, so you may have to prepare for a little frustration if you take up the bonus and have a win.
In general, I have always thought that if you get a big win when playing on a bonus, you will need a second big win to be able to cash it out. Again, this seems fair if the casino has doubled your money in the beginning then you have to double your wins to cash out.
Many players choose never to take a casino bonus, simply because they do not like the play-through requirement in order to cash out. These tend to be the really serious players.