All About Slots Bonuses and Terms Part 2
Continuing on from page one of our look into bonuses, we will look at free chips, cashback, reversal bonuses, automatic bonuses and the advantages of playing without a bonus.
Free Chip Bonuses
Many times online casinos will give you a no deposit bonus, often called a "Free Chip" this is real money placed in your account so you can play for real money. Just like the bonuses above, they will have 1) A wagering requirement 2) A maximum cashout 3) Some are cashable, some are sticky.
There is nothing wrong with accepting a free chip as it gives you the chance to "take a test drive" at no risk. And if your balance goes to zero, most times it fulfills the wagering requirement. Once again, take five minutes and read the terms of the bonus before accepting. This way you are aware of the requirements and can decide if you want to accept the no deposit bonus or not.
Cash Back Bonuses
Sometimes you will see an online casino offer cash back bonuses. The percentages of these bonuses often will vary with the level you hold in a casino’s VIP program. A cash back bonus pays you back a portion of your loses in the casino over a specific time frame. Generally a weekend. So if a casino is promoting a 10% cash back on weekend losses and you lose $100, you will get $10 in cash added back into your account. More times than not, there are wagering requirements that go along with the cashback bonus.
Reversal Bonuses
Reversal bonuses can be rather risky to accept. There are some online casinos out there that will give you a bonus if your reverse a cash out request. So what is the risk? Well, in order to cash out after playing with a bonus, you had to have met the wagering requirements, right? So if you reverse (cancel) your withdrawal request and accept a bonus, those funds that were all yours now have a wagering requirement on them before you can cash out. Think long and hard about accepting a reversal bonus.You may also see these bonuses called a "Winner’s Bonus"
Automatic Bonuses
Be careful here. Some online casinos assume you want to accept the welcome bonus. The moment you deposit you are credited with a bonus, even if you did not want it. So what do you do? First off, DO NOT make a wager, spin a slot, play a hand of cards. Contact support at the casino and inform them to remove the bonus. If you make any wagers it is an acceptance of the terms of the bonus and you will have a wagering requirement before you can cash out. Wait until the bonus is removed before you make your first wager so as not to be "locked in" to the bonus terms.
Nearly every one of our offered casinos will require you to either a) Enter a coupon code or b) Click on the bonus offer from the cashier, promotions page. As stated in earlier articles, many of our bonus offers are exclusive to Best Slots Bonus readers and you must click on our link or banner for the bonus to be loaded into your account.
Advantage of Playing Without a Bonus
The advantage to passing on a bonus is that your cash is yours. If you chose not to play using a bonus, you will not have any wagering requirement and can cash out at anytime provided you have at least the minimum amount required for your payment method. The downside of not taking a bonus is the amount you deposit is the amount you have to play with.
