How to Get a Cash Bonus in an Online Casino?

Exploring Cash Bonuses

To attract new users, iGaming platforms offer bonuses that add balance to the player’s account. Money for playing games is the ultimate incentive and the way to retain and excite website visitors. Casinos with growing jackpots sometimes offer Free Spins to incentivize users, but cash on the account is a level above that, and it can come from a wide variety of promotional offers. 

Almost all online casinos offer a welcome or first deposit bonus. This is the most powerful marketing tool to attract newbies and the most lucrative offer for players. The unique feature of a welcome cash incentive is that it matches the customer’s deposit 100%. The caveat is in the “up to,” as these promotions have a fixed cap, usually $500 or $1,000. 

Gambling site visitors can find money bonuses in other deposit promotions, like reload, which usually have a smaller matched percentage. Cashback is a way for the house to return part of the losses for gamers, and the returns are smaller than in the first two options.

Another way of attracting new gamers is through referral bonuses, where the house awards current customers with an additional balance for each account created from the referral link. Loyalty points can lead to conversion to bonus funds, especially if players are members of the VIP program.

Terms of Money Incentives

We already mentioned a cap, the maximum amount paid to customers from a promotion, and the percent limit, a percentage of the matched funds from the deposit incentive.

The most important term to know about is the wagering requirement. Players should always read the terms and conditions to understand how the promotional offer works. They can determine how often a bonus amount must be wagered there before the potential winnings are withdrawn. 

Another thing to look at is the validity. Such bonuses usually come with a time limit; if players don’t use it within the specific time frame, it will be lost. 

Like any other offer in an online casino, a money incentive can sometimes be active only for a particular game or a series of slots from one software developer.