Online casinos and their rules and regulations can be confusing. Many sites offer the chance to win incredible bonuses, but do you really understand how you can use them to play slots, if you can withdraw your bonuses, and when you can use them? We have put this handy guide together to provide you with everything you need to know about using your online slot bonus.
What are bonuses?
Bonus funds can come in any amount. They will often appear in a separate section to your real money balance to help you distinguish between the two. This is important as there are often conditions regarding the use and withdrawal of bonus funds, whereas you are free to withdraw funds from your real cash balance. Bonus funds are like free bets. They can be used in the same way as real money bets but cannot be withdrawn.
How can I get bonuses?
Many online casinos offer welcome bonuses to spend on online slot machine games. These bonuses may come in the form of free spins or games but can also come in the form of bonus funds. Ensure that you always read through the terms and conditions when signing up to an online casino as there may be certain conditions that you need to meet in order to get bonuses, e.g. depositing a specific amount of money. You may also receive bonus funds whilst playing games or through promotions such as email incentives or birthday rewards.
Can I withdraw my bonus?
The short answer is no. Whilst you can easily withdraw your real money balance, you cannot withdraw your deposit bonus. However, there is a way to convert your bonus balance into your cash balance.
In order to this you must meet the wagering requirements of the casino. You can usually find the full details of the wagering requirements in the website’s terms and conditions (often at the bottom of the page). Most casinos require you to complete a wagering requirement of times X of your bonus. If you decide to withdraw from your real balance without reaching the wagering requirement, your bonus balance will be reset.
When can I use my bonus funds to bet?
In most casinos, funds will automatically be taken from your real money balance when placing a bet. Only once your real money balance has reached zero or the bet you are placing is larger than your real money balance, will bonus funds be used. You will usually receive a notification that you have begun using bonus funds.
Where can I find the site offering the best deposit bonus?
Wizard Slots offers an unrivalled sign-up incentive in the form of an impressive Mega Reel. Take a spin on the Mega Reel for a chance to win bonus funds, free spins, and even real cash gift cards for major retailers like Amazon. The rewards don’t stop there, as there are many ways to continue earning prizes for playing games and making deposits on Wizard Slots.