Advantages and Disadvantages of Online Casino Bonuses

While it is accepted that the title of this article might raise a few eyebrows, it’s important to note that every positive thing has a negative aspect to it. This is also the case with online casino bonuses which on the surface may look attractive and appealing to all players, but in reality, may have a catch or two. Let’s check out some of the good in casino bonuses.

Benefits of Online Casino Bonuses

Benefit #1: Cash Bonus 

Cash bonus is one of the most popular online casino bonuses most sort after. Cash bonuses are usually part of a welcome bonus offer when you sign up or register with an online casino. The cash bonus may be a no deposit or a deposit match bonus offer. 

With the former, your account is funded with a cash bonus amount which can only be used in playing as in games. On the other hand, the latter is only triggered when you make cash deposits to your gaming account on an online casino after signing up. Some casinos offer three to five initial deposit match bonus.

Benefit #2: Free Spins

One other good thing about online casino bonuses is the presence of free spins. You may be granted free spins upon registration with an online casino along with a cash bonus offer. Players will get to play free spins on popular video slot games like Starburst and Gonzo’s Quest. They will then stand a better chance of winning the jackpot prize of the video slot. 

Benefit #3: Loyalty Packages

Many online casinos also offer loyalty packages for their loyal, regular customers. These bonuses packages can include a combination of cash bonuses and free spins on video slot games. 

Disbenefits of Online Casino Bonuses

Disbenefit  #1: Wagering requirements

So you are granted a no deposit cash bonus offer and even free spins, but the online casino does comprise of wagering requirements. What this means is that both the cash bonus as well as any winnings made from the free spins will have to be wagered before you can withdraw funds from your account.

What’s more, there are some online casinos with juicy cash bonuses, but also with wagering requirements as high as 50x. 

Disbenefit #2: Cashout limitations

It is not as annoying for player particularly a high stakes casino gambler, as a cashout limit. Imagine a scenario where you are earning a hefty payout which you are eager to withdraw, only to find out that your online casino has cashout limit. To avoid falling prey to the cashout limit trap, make sure you carefully read and digest the terms and conditions of online casinos before you sign up. Do not be enticed by the mouthwatering online casino bonuses on offer and forget or ignore reading the online casino’s policies beforehand. 

Disbenefit #3: Online casino bonuses expiration time 

While freebies are great, they may also be laced with strict conditions. In the case of some online casino bonuses like free spins and cash bonuses, they may be tied to an expiration period. You may get 100 free spins to play on Starburst and you will be elated, only to find out that the free spins will be invalid after say 2 hours. How are you supposed to play 200 free spins in 2 hours? You could also be awarded a no deposit cash bonus of £200, but with a caveat of using the cash bonus to play casino games in one day. So as promising as bonuses may be, you need to be wary of the terms and conditions of the casino bonuses to avoid disappointment.