The pros and cons of online casino bonuses


Published by CasinoTopsOnline on April 07, 2017 in Industry News

featured image

Online casino punters around the world jump at the opportunity to claim a special online casino bonus whenever possible. 

It makes sense, doesn’t it? The chance to earn bonus cash or free spins when making a deposit seems like an awesome idea. But there are definite pitfalls to choosing to use casino bonuses.

After questioning many high rollers, it has been revealed that a large majority choose to avoid online casino bonuses whenever possible.

The cons can often outweigh the pros, especially when considering the limits that can be placed on cashing out.

Let’s take a look at the different pros and cons of claiming an online casino bonus.

Casino Bonuses: The Pros

  • Bonus cash – It’s always a great feeling when making a deposit into your account and making use of a bonus means having more than what you estimated. You can use your bonus cash rewards to play the games you love and potentially win big! Bonus cash can often be found when claiming welcome bonuses or special promotions.
  • Free spins – Claim free spins via promotions or special bonuses and you’ll have access to awesome online casino games. Free spins are often valid for the most popular online casinos such as Starburst or Gonzo’s Quest. These well-known slots provide a fun player experience while still offering the chance to win impressive sums of cash.
  • Multiple bonuses – Many online casinos provide multiple bonuses, either in the form of extra cash or free spins. These offers increase your bankroll with more than one deposit bonus and they are usually available when signing up at an online casino for the first time. These bonuses allow players to extend that new casino feeling by grabbing fantastic bonuses and encouraging extra deposits. They’re great for new players and can often lead to decent payouts.
  • Try new games – Free spins can lead to exciting discoveries of new online slots. If a promotion rewards you with free spins on a slot you’ve never explored (or a newly released slot), it can be a fantastic opportunity to discover something new without spending any cash.

Casino Bonuses: The Cons

  • Wagering requirements – While bonus cash is fantastic, wagering requirements can put a damper on a big win. Having to wager a win a certain number of times before being able to withdraw your cash, can be disheartening. Especially when those spins lead to an empty bankroll.
  • Cashout limits – The cashout limits on many casino bonuses are one of the main reasons that high rollers steer clear. What’s the point of claiming a $100 bonus and winning a huge sum of cash, only to be told that there’s a $1000 cashout limit? Conditions such as these portray the importance of reading all terms before spending any cash on casino bonuses.
  • Expiration dates – It’s not uncommon for an online casino bonus or promotion to stipulate a certain number of days for rewards to be valid. Promotions can often state that free cash or spins are only valid for a short period of time before they expire and can no longer be used. If you missed this point while reading the terms and conditions, it can be extremely disappointing.

Whether you choose to enjoy bonuses or not, always be sure to read the terms and conditions of any online casino you join. Most of all, play safely and responsibly!

Looking for a new online casino to explore? Take a look at our top 10 online casino reviews for 2017.

player reviews
Rate casino and write a review
Write Review
Write a review for

We respect your privacy. We are committed to responsible handling and protection of your personal information. By subscribing, you are agreeing to our Terms & Conditions and our Privacy Policy and you confirm that you are 18+. If you no longer want to receive our occasional offers and news, you may opt-out at any time. All our emails include an unsubscribe link.

Submit review

Your reviews help other players find the best casino sites and games to play. Please be honest with your feedback and rating. All submitted reviews will be checked by CasinoTopsOnline quality control team. Submissions that do not follow our review guidelines will not be posted.

Latest News View all

Bankroll Warriors - Episode 6

Here is the episode number #6 of Bankroll Warriors, our new podcast streamed every Thursday every Thursday at 9pm GMT +1m on CasinoTopsOnline Twitch Channel.

Read more

Bankroll Warriors - Episode 5

Here is the episode number #5 of Bankroll Warriors, our new podcast streamed every Thursday every Thursday at 9pm GMT +1m on CasinoTopsOnline Twitch Channel.

Read more

Most Popular

5 Favourite Slots by European Players

Europe is a hotbed for casino gaming activity, and there’s little wonder. With locations like Monte Carlo, London and Malta all playing host to exciting casino escapades, it has quite the popular appeal for players. It is also due to this that many online casino slots have become popular in their own right with players from the continent. So, which ones can be considered the five favourites of European casino players? We’ve got a look at each of these and their inbuilt features below.

Read more

New Series of Podcasts by Our Very Own Bankroll Warriors!

Bankroll Warriors, better known as Jon Pardy and Drew Gonzalez, have teamed up with CasinoTopsOnline to provide viewers with a series of exciting, livestreamed games at the best online casinos. A combination of casinos hand-picked by experts and the professional play brought to you by the Warriors themselves will take casino livestreaming to a whole new level. Read more

Top 10 Pirates Slots

Every year sees different online slots provided for online casinos. The online gambling space is always competitive with the software developers ever upping their game to remain at the top or rival the others. But, it’s not only about releasing slots, but also about releasing quality slots that players prefer, enjoy, and relate with. Certain game variants always come into play. This ranges from the different styles provided, soundtracks, game quality, graphics, and themes. Original themes that are relatable to players will always attract traffic on any slot and this will be a win-win situation for the provider and online casino. Read more

Top 10 Online Casino Names

A name is an identity that should be got right. Just like a child, an online casino should also be treated the same. No one gives his/her child a funny or a name that isn’t special. The same should apply here. Choosing a business name is never an easy task especially with the permanence aspect that comes with it. Remember, this is a name that is going to stick for a long time once you have officially registered. So, as you name an online casino, you need to think of giving it a special and attractive name that will be appealing to your potential customers. The name should speak of the quality you are to give them. Many names have cropped up and you will notice that a certain pattern is followed on some popular casinos. Read more

The Best Time to Play Slot Machines Online

Is there a perfect time to play slots machines online or offline? A quick answer would be that there is no specific time to play the slots. The simple reason would be that slots are random and utilize the Random Number Generator (RNG) principle. The use of RNG ensures that the outcome of the game you play is not influenced or predetermined. So, the majority set of players believe that for maximum benefits and payout from a slot, one has to gamble on a slot with the highest Return to Player (RTP) percentage. This is right. Read more

Top 5 Gambling Anime – Which is the Best

Anime, derived from the English word ‘animation’, is hand-drawn computer animation with its root originating from Japan. Its history goes way back to the 19th century where movies/shows such as Momotaro: Umi no Shinpei (1945), The Tale of the White Serpent (1958), and 1968’s Tetsuwan Atom (Astro Boy) debuted with the latter being the first popular series produced. Its inception was initially focused on Japan’s culture and over the years, more cultures have also been included in the new-generation anime programs. To date, Anime has gained a lot of popularity around the world thanks to the ever-improving graphics, images, different styles, captivating storylines, and the different styles and themes incorporated. Read more

Top 10 Fantasy Slots – Which is the Best

For the thrill of escaping the world’s realities, fantasy slots provide the perfect avenue as you get to a world of imagery and a world filled with supernatural powers. Everything in this ‘new world’ is possible including close interactions with characters such as dragons, vampires, mermaids, dwarfs, fairies, wizards, elves, name them. These fantasy-themed slots will be available for play via desktop or mobile. Additionally, most of them are available on both land-based casinos and online casinos. And finally, you can play for free (demo mode) or for real money. While they are available in hundreds from different software developers, this guide will only focus on the top 10 fantasy slots. Read more

10 Reasons Why Kakegurui – Compulsive Gambler is Worth Watching

Netflix’s Kakegurui – Compulsive Gambler is a Japanese manga anime television series set up in Hyakkaou Private Academy. The series released in 2017 focuses on gambling (the highs and lows) in the sense that aside from gaining power and huge returns, online gambling can also lead a person insane. Read more

10 Tips to Improve Your Chances of Winning Scratch Cards

Want to gamble easily without having to use much of your bankroll? Then scratch cards might be what you are looking for. Scratch cards are very simple to play since they require little to no experience. Scratch cards are reminiscent of Lottery where it’s a game of chance and luck. While you do not require much expertise in the field to win scratch cards, you can always have tips to improve your chances of winning scratch cards. Read more