Types of Bonuses
Crypto casinos offer various bonus types to attract and retain players. Understanding each type helps you choose the most valuable offers for your gambling style.
๐ฏ Rakeback
Rakeback returns a percentage of your wagers/house edge (often ~5% of house edge, varies by site). It is not cashback (cashback is a % of net losses).
๐ Reload Bonuses
Percentage bonuses on subsequent deposits, usually 25-100% of your deposit amount.
๐ฐ Free Spins
Free slot spins with winnings subject to wagering requirements, often 20-50x.
๐ VIP Bonuses
Exclusive bonuses for high-roller players, including higher rakeback and special perks.
Wagering & Terms Explained
Understanding bonus terms is crucial to avoid losing your winnings. Here's what you need to know:
Key Terms to Understand
- Wagering Requirements: How many times you must bet the bonus amount before withdrawal (e.g., 30x means bet $300 to withdraw $10 bonus)
- Game Contributions: Different games contribute differently to wagering (slots 100%, table games 10-20%)
- Time Limits: Most bonuses expire within 7-30 days if wagering isn't completed
- Max Bet Limits: Restrictions on bet sizes while using bonus funds (usually $5-10 per spin)
How to Choose a Bonus
Not all bonuses are created equal. Use this checklist to evaluate bonus offers:
โ Bonus Evaluation Checklist
- โWagering requirements under 40x
- โReasonable time limits (14+ days)
- โGames you enjoy contribute well to wagering
- โNo maximum withdrawal limits on winnings
- โClear, transparent terms and conditions
Example Scenarios
Compare these two bonus offers to see which provides better value:
๐ฏ Good Bonus
โ ๏ธ Poor Bonus
Frequently Asked Questions
What's the best type of bonus for beginners?
Rakeback bonuses are ideal for beginners because they don't require complex wagering strategies. You simply play normally and receive a percentage of your losses back automatically.
Can I withdraw bonus funds immediately?
No, bonus funds must be wagered according to the terms before withdrawal. However, rakeback bonuses are typically withdrawable immediately since they're based on your actual losses.
How do I calculate if a bonus is worth it?
Multiply the bonus amount by the wagering requirement to see the total amount you need to bet. If this amount is reasonable for your bankroll and the games you enjoy, the bonus is likely worth it.
What happens if I don't complete wagering?
If you don't meet the wagering requirements within the time limit, the bonus funds and any winnings from the bonus will be forfeited. Always check the time limits before accepting bonuses.
Are there bonuses without wagering requirements?
Yes, some casinos offer "no wagering" bonuses, but these are rare and usually have other restrictions. Rakeback bonuses are the closest thing to no-wagering bonuses since they're based on actual play.