Reload Bonus
Reload bonuses are similar to casino welcome bonuses but also different. They’re typically provided with a reduced percentage (less than 100%) and only to existing clients. So, for example, a weekend reload bonus deal might offer you a 30% boost on each deposit between Friday and Sunday. A casino reload bonus is a type of thank you present that casinos provide to players who already have an account at the casino. Otherwise, we might bounce from one welcome bonus to the next without ever settling in one spot. And if we received a bit more every now and then, it helps us avoid having to search around too much for new bonus schemes and mobile casinos that are just opening up.
How Does a Casino Reload Bonus Work?
Reload bonuses are also known as straight up casino bonuses. You make a deposit every month for x amount, and the casino gives you back x amount in credit. There are a few different types of reload bonuses. However, the majority of them are connected to a certain sort of payment methods like MiFinity. In these situations, only reloads using that approach will provide you with the top-up. Because of this, it’s critical to understand the specifics of any reload bonuses and any payment option benefits before making a selection.
There are generally no maximums on the reload bonus, but there is almost always a minimum, as well as time restrictions. In order to receive the reload bonus, you must deposit at least the required amount. The required deposit varies from casino to casino. And it is important to consider when establishing your deposit real money. Keep in mind that there might be time limits for using the bonus.
As previously stated, some casinos will give you a set amount, while others will provide a percentage amount. Let’s assume that you’re playing at a casino that provides a weekly reload bonus with a $50 minimum and a $5 flat reward. In this casino, making weekly deposits of $50 is more advantageous than making monthly contributions of $200. However, in a casino that pays out 10% bonuses on first deposits over $50 every month, it is more valuable to make a one-time deposit of $200.
Wagering Requirements
The wagering requirement is another crucial term to understand. If you received $200 in reload bonus and the wagering requirement was at 35x, that means you’ll need to wager a total of $7,000 (200 x 35). This may appear to be an overwhelming demand. But don’t forget that if you fulfil the reload bonus’s criteria, you can win huge or modest amounts. The second most frequent type is calculated by adding the bonus amount to the deposit amount. And it generally requires a lower playthrough requirement.
So, suppose you deposited $100 and earned a $100 reload bonus from a casino. The wagering requirement is 30x, so you’ll need to play for approximately $6,000 (200 times 30). After that you will be able to withdraw your winnings. Be aware that not all game categories contribute the same. Wagering on slots usually contributes 100% while playing live casino might be only 20% or even 10%.
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