We suggest you go through the fine print of a bonus before you accept it, be it a deposit bonus, free spins or reload bonus. By doing so not only are you educating yourself about it but you're avoiding a potential headache.
Deposit Bonuses Why You Should Accept Them
Online casinos offer new clientele match bonuses on their first deposit, bear in mind they’re entirely optional. Unfortunately they’re getting smaller because the UKGC is afraid that UK casinos will exploit their clients with excessive bonus terms.
It’s important that you check the play-through of the bonus before you accept it. If the bonus play-through is 30xb it means that you must spin the reels to the equivalent of a 30x£50=£1,500, that’s if you play slots only.
Once the roll over is met you can withdraw your winnings by using a credit card, ewallet (Neteller, Skrill), Bitcoin, wire transfer and various other payment methods. All UK casinos normally clear credit card cash outs within 3 working days, ewallets within a couple of minutes to hours, wire transfers can take up to a week and Bitcoin casinos are practically instant (up to 20 minutes).
The bonus can be used to play slots, scratch cards, bingo, table games or video poker. Normally slots contribute 100% towards the wagering requirement (WR) because it favour’s the house predominantly.
Free Spins/Free Rounds Bonuses
Free spins is another popular bonus, players receive a certain amount of spins on the house to play a new slots release. Although the name ‘Free Spins’ implies that it’s free in most cases they’re not. Each free spins bonus has terms that must be completed first before winnings can be cashed out.
Free spin bonuses have max win caps that range from £50 to £100. More often than not the free spins bonus is accompanied with a deposit bonus. Example: You’ll receive a bonus of 100% up to £100 plus 50 free spins on Gonzo’s Quest. The ‘Up To’ bit means that the cap for the bonus is set at £100.
So, are Free Spins really ‘free‘? They can be only if there are no wagering restrictions attached to them, if they have bonus terms we call them ‘Bonus Spins’. At the end of the day our aim is to educate you so that you won’t be caught offguard when you accept a free spins bonus.
The UK’s online casino bonus culture saw the goal posts shift a lot the past 5 years, we might add for the better. Rest assured that our UK casinos are not out to catch you with dubious bonus terms.
According to the latest legislature (31st October 2018) bonuses given by UK Casinos must be ‘forfeitable’. Instead of trying to clear the bonus terms players can now cash out their winnings and deposits. The good news is that it’s not only UK licensed operators offering forfeitable bonuses, casinos licensed in other jurisdictions are starting to offer them too. It’s pretty obvious that the UK market is ahead of the curve yet again.
Casino Bonuses That Are Sticky
Sticky bonuses are popular with U.S Casinos, their match percentages range from 200% to 400%, maybe more. Once a player cleared the play-through of the bonus it’s deducted from their winnings. If the casino advertises a ‘sticky bonus’ of 400% up to £100, on a deposit of £100 your account will be topped up with a bonus of £400.
John cleared the wagering requirements and managed a win of £1,000, £400 will be deducted from his winnings leaving him with a cash balance of £600. UK casinos seldom advertise sticky bonuses, unscrupulous operators normally use them to exploit novice players.
The Refer-a-friend Bonus
The refer-a-friend bonus has been around for a long time and one of the first comps online casinos give to players. For every friend, colleague or family member referred to the casino the player receives a bonus. There is a slight catch though, the bonus will only be credited to the referring player’s account once his/her friend made a deposit and played.
Handy Tips When Choosing A UK Online Casino Bonus
·Check the minimum amount to qualify for it, it can be anything from £10, £20 to £25.
·Pay close attention to the fine print (bonus terms and conditions). All welcome bonuses have a roll over requirement that must be completed first before you can cash out your winnings. Anything higher than 40xb is considered steep and not in your best interest.
·Is there a maximum cash out rule? Normally operators state that an unlimited amount of cash can be won with the bonus but some bonuses have a max. win cap of £3,000-any winnings above this amount will be voided.
Returning Depositors Do They Get Bonuses?
Returning players do get bonuses but they have smaller match percentages while the wagering requirements remain the same. The most popular bonus is the ‘Reload Bonus’ which return depositors receive at the start of each month on condition they wagered/lost a certain amount of cash.
Cash Back Bonuses (Rebate On Losses)
Another nice incentive is the cash back bonus, customers get back a percentage of the funds they’ve lost. If the casino rolls out a cashback bonus of 10% on a new slots release and you lost your first deposit bonus of £50, £5 will be credited to your player account.
Cashback bonuses have maximum win caps and they’re subjected to time limits, in other words if they are not claimed within a certain period they expire. Bonuses with excessive wagering requirements (more than 40x) and match percentages should be avoided – bigger is not necessarily better.
Maximum Bet Per Spin
Under the bonus terms the casino states that you are not allowed to bet more than £5 per spin, do so and the bonus will become void as well as wins gained with it. The reason why operators enforce this term is to prevent ‘bonus hunters’ from abusing the casino’s generosity.
Time Limit Bonuses On Wagering Requirements
Once you accepted the bonus the casino notifies you under its terms that the wagering requirement attached to it must be cleared within a specific time. It can be anything from 2 days to 30 days failure to do so will result in the bonus being forfeited. Always read the fine print before you accept a bonus.
No Deposit UK Casino Bonuses
The no deposit is another popular bonus that doesn’t require players to make a deposit. The purpose of this bonus is to give them the opportunity to try out a new slot machine without risking their own cash. They get to experience the mechanics of the game on the house, if the game lives up to their expectations chances are pretty good they’ll deposit and play with real money.
Initially the no deposit bonus is free money but it’s not. If a player wins some cash with it a deposit must be made before winnings gained from it can be withdrawn. The no deposit bonus also has a maximum win cap, for example, players can only win 50 Euros or Pounds with it.
When you made a deposit at a new casino sign up for the casino’s newsletter. It keeps you posted with regard to the newest game releases, forthcoming promotions, and specials. Just remember Casinowhizz gives you the best deals in town since we negotiate exclusive bonus packages with the casinos we teamed up with. Look out for those special codes as well.
In summary. Now that you’ve got a handle on how our UK casino bonuses work we strongly encourage you to accept them for the reasons outlined in this article. Always gamble responsibly if you’re not sure how to claim a bonus or how its terms work please send us an email, we’ll be more than happy to assist you.