The unlimited online casino match bonus
Claim: “We will match your deposits with no limits during your first week with 200%”.
Claimed by: Aladdin’s Casino and more.
The reel story: The claim is delivered with three magical wishes and comes from affiliates representing Aladdin’s Casino. We could not find any information about this promotion on the actual Aladdin’s Casino website.
So what is this unlimited bonus all about? Spins247.com takes a closer look at it and the match bonus in general.
A match bonus is when the casino matches your deposit by a certain percent up to a certain amount. Like for example 100% up to $150 at Spin Palace Casino.
Most casinos offer this opportunity, and it’s an excellent way to boost your bankroll. However, you will not be able to cash out your bonus until you have met certain wagering requirements. Thiese requirements are usually quite reachable.
But what to do when a match bonus is unlimited or approximately 1/10.000th of East Timor’s total Gross Domestic Product, a.k.a. $50.000?
The answer is: Handle with care. This is what the advertisement says:
“Aladdin’s Gold Casino offers a 200% deposit welcome bonus to new players. There is no limit on the number of deposits that the player can make and also no limit on the amount of these deposits”.
This is either very good or very bad: Very good because it is a fantastic opportunity for serious slot machine players with serious bankrolls, very bad because there is no restriction to the amount you can deposit.
So if you have a lot of cash you want to deposit at a casino, you should seriously consider a bonus like this. You can get a $200 bonus for every $100 you deposit. As the payout percentage is also close to 100%, you will have a very good chance of making some serious money.
And while you are earning that massive bonus, every spin could bring a life changing jackpot straight to your pockets. Some jackpots can only be triggered if you bet the maximum amount, which is something you should be doing if you are hunting high roller bonuses like this. The higher the stake – the more every spin counts towards the wagering requirements.
But we would only recommend this strategy if you have a large bankroll and a clear strategy. This particular bonus is only valid for all deposits made within the first week of your first deposit. You should decide how big your bankroll is and then make a deposit accordingly.
Spins247.com says: Unlimited bonus? Yes, please, but handle with care and only play on recommended casinos. Guidelines for responsible gambling suggest you should not gamble when you are trying to win back what you have already lost.
The no deposit bonus and Online Casino Promotions
The claim: “Sign up with us and we will give you a free bonus. No deposit required”.
Claimed by: InterCasino (£1-£200 free), Jackpot City Casino ($25 free) and others.
The reel story: By the sound of it, this seems like one of those things where you need to look for smaller sized text. And after further investigation, it turns out that this is both false and true:
False because there is nothing to lose. If you don’t deposit any money, you cannot lose any money, so it doesn’t matter how much text there is and how tiny it is.
True because there are many things you need to be aware of. It is not as easy as it sounds which is fair enough, after all this is free money.
Listed below are some of the most common requirements:
- Time limit. When the no deposit bonus is only valid for a certain period, like 1 hour.
- Cash out restrictions. In order to get the bonus into your real money account, and hence being able to cash it out, you might need to make a deposit.
- Banking limit. Only the winnings (the difference between the original deposit and your balance when the bonus period is over) will be paid out to your real money account. Usually applies for the bigger no deposit bonuses.
- The bonus might be limited to certain slot machines.
- Wagering requirements.
The casino might also give you this bonus as a certain amount of free spins, which is practically the same as a no deposit bonus when you apply the requirements mentioned above.
This is a brilliant way to test the different casinos while possibly getting free money until you decide where you want to deposit and play for real. Ask yourself: What casinos has your preferred style of graphic? What casinos are easy to use? What casinos have the best customer service?
Spins247.com says: Why not? It’s a win-win!
The weekly/monthly bonus and Online Casino Offers
Claim: “We will give you a bonus every week or every month”.
The reel story: Many casinos and slot rooms reward their players with bonuses given on a frequent basis; usually weekly or monthly. This bonus may be cash, gadgets, free spins, tournament tickets or other.
Sometimes it is limited to existing customers, meaning you cannot combine this bonus with e.g. a deposit bonus. Wagering requirements may also be applied.
The weekly or monthly bonus can also be given as a reload bonus, meaning you can start collecting a bonus as soon as you make a deposit on that certain week or month.
An example: “My Cash Rewards” with InterCasino. Each month the casino offers a choice between different bonuses. Right now you can choose between The Super Slots Bonus and the Terrific Table Games Bonus. “My Cash Rewards” are for existing InterCasino customers only, but is valid for life.
Spins247.com says: A nice addition to other bonuses, but we would probably not choose a casino based on the weekly/monthly bonus alone.
The deposit option bonus and Casino Deposit Methods
Claim: “Deposit money with a certain method and we will reward you with extra cash”.
Claimed by: Jackpot City Casino, Roxy Palace Casino and more.
The reel story: You can deposit money to online slot rooms using many different deposit options. This is closely related to slot room safety. Some of these deposit options are safer than others for the slot rooms, which is why certain slot rooms offer bonuses if you use a certain option to deposit with.
It is typically less safe for a slot room to accept a deposit with a credit card because credit card deposits are more often subject to charge backs. With the development of deposit methods designed for online purchases, safety is increased along with required login details and other features.
When the risk of losing money because of fraudulent deposits is reduced, the slot rooms can afford to introduce bonuses and rewards to players who use these certain deposit options.
Typically you may find deposit option bonus when using NETeller, Moneybookers, EcoCard, Entropay, Click2Pay, Paysafecard, ClickandBuy, Webmoney, wire transfer, Instadebit, MyCitadel, Ukash, eWallet Express and Money Order.
Often, a minimum deposit is required in order to be entitled for the deposit method bonus. Typically, you will get paid a cash bonus equal to a certain percentage of your deposit, but you can also find slot rooms where you are rewarded with points and other.
Spins247.com says: $300 instead of $200 casino credits at Roxy Palace Casino by using a deposit option which is safer than most? Yes, please.
The frequent player bonus and Loyalty Programs
The claim: “We will give you a bonus in terms of money or points to stay loyal to our casino”.
Claimed by: Spin Palace Casino, InterCasino and more.
The Reel Story: It is less cost involved for a casino to reward an existing customer enough to make him or her stay, than for the casino to pay for promotions in order to bring in a new customer.
This is why casinos have introduced frequent player bonuses, a.k.a. loyalty rewards. These bonuses and rewards come in the form of points with different names which can be exchanged in casino credits. These casino credits may be used to play for or they can be converted into money in your account.
An example: For each 10 credits that you wager at Spin Palace Casino you will earn one loyalty point. Loyalty points can be exchanged every time you reach 1.000 points. 1.000 points have the value of 10 credits. Spin Palace Casino will also reward you with double points on weekends.
Spins247.com says: We recommend you to shop around a bit and take advantage of all the nice and welcoming bonuses you will receive as a new client. But when you find a casino where you want to settle down, the frequent player bonus may be very rewarding.
Slot machine bonus wagering requirements
Claim: “Some bonuses are damn near impossible to reach.”
The Reel Story: The wagering requirement is the most common of all requirements connected to online casino bonuses.
It is a number that represents the number of times you have to play through either just the bonus or the bonus and the deposit at an online casino before you are eligible to cash out.
An example: At InterCasino you can get a 100% up to $140 deposit bonus with a wagering requirement of 21 x the deposit plus the bonus which gives the following breakdown:
Deposit $140 + Bonus $140 = $280. $280 x 21 = $5880.
This means you have to wager $5880 in order to have $140 released to your account, which is much easier than it sounds. Every time you place a bet, the amount you bet counts towards the wagering requirement. It doesn’t matter if you win or lose.
Spins247.com says: Slot machines are almost always the best way to earn bonuses as they trigger lower wagering requirements. With the InterCasino example, the wagering requirement would be 25 or 65 x for other games instead of 21 with slot machines.