What are the most common online casino bonuses?
One casino bonus is not the other. There are different types of bonuses and some are more attractive than others, as you can see on the website of Betsquare. The most common types of bonus in a row:
The cashable bonus is the most common gift. Once you have met the wagering requirement, your bonus balance will be converted into real money, which you can then cash out. An example: an online casino gives a bonus of 100%. The wager is 20x the bonus. You deposit €100,-. You will then receive € 100 in bonus money. You have to bet 20x €100 to clear the bonus, so a total of €2000. You are lucky. After the €2000 in bets, you have a €100 profit. You now have a total of €300 in your account. Because you have fulfilled the wager, your bonus money turns into cash. You can now have the full €300 paid out. The cashable type is considered the best casino bonus. On average, you will have the most money left over from this type of bonus mytoptweets. In other words: the expected value or expected value (EV) is the highest.
Post wager bonus
You do not get the post-wager bonus immediately when you make a deposit. With this type of bonus you must first meet the wagering requirement and only then will you receive your gift. That gift is immediately cash money that you can have paid out. Unibet Casino ‘s welcome bonuses are post-wager: first you have to place €25 in wagers and then you get your choice of 200 free spins or €40 free play credit for the live casino. At Holland Casino Online, the bonus is released in five steps, every time you have wagered your original deposit amount. So this is also a post-wager.
The sticky bonus is less common. That’s a good thing, because this bonus is less attractive than the cashable bonus. The reason: you can never cash out the bonus. You can play with the bonus money. And everything you win with the bonus turns into cash once you have met the wagering requirement. But the bonus itself, it never turns into cash. An example: an online casino gives a bonus of 100%. The wager is 20x the bonus. You deposit €100,-. You will then receive € 100 in bonus money. You have to bet 20x €100 to clear the bonus, so a total of €2000.
So far everything is the same as with the cashable bonus. You are lucky. After the €2000 in bets, you have a €100 profit. You now have a total of €300 in your account. You have fulfilled the wager, but only your winnings turn into cash. You now have €200 cash and €100 bonus money in your account. You can have the €200 paid out in cash. The €100 stays with the casino – hence the name sticky. The expected value/EV of a sticky bonus is lower than a cashable bonus.