If you are new to online casinos or have not had much experience in online gambling houses and gaming halls in the past, you may be wondering what exactly the difference is between bonus credit or bonus money and deposited real money. On this page, we would like to explain the differences to you in detail and show you what types of bonus money there are, what wagering requirements are all about and what else you need to know.
So before you decide to accept or reject a bonus offer, you should be clear about what exactly bonus credit is and what it means when you play with bonus money.
Difference Between Bonus Money & Real Money
Real money is the amount that you deposit into your online casinos, i.e. doctor spins, and accounts from your own pocket. It doesn’t matter which payment method you use. As soon as the deposit has been made, you can play with the real money balance in your account and wager it on all slot machines. You are not bound by any conditions – apart from the legal conditions – and there are no other restrictions on how you use your balance or when you want to withdraw it. You can also withdraw all winnings that you make by betting from your real money balance immediately, provided that no bonus is active and there is additional bonus credit.
The situation is a little different with bonus credit. Every online casinos bonus is tied to certain conditions that you must meet before you can withdraw bonus credit. Although you can also play slot machines with bonus money, there are certain requirements that you must meet and/or restrictions that you must adhere to. For example, you may not be able to play all games with the bonus money and you may not have fulfilled the wagering requirements, meaning that the bonus credit cannot yet be withdrawn. This also applies to winnings that you make with bonus money – it is only converted into real money and can therefore be withdrawn once you have fulfilled all the wagering requirements.
The big advantage of bonus money is that it gives you the opportunity to try out games at your leisure and familiarize yourself with the game mechanics without having to use your own money. In addition, the bonus amount is not counted as a deposit in your monthly deposit limit. By the way, if you still think that the specified deposit limit is not sufficient despite the bonus, you can increase your LUGAS limit for slots in the account settings. However, please note that your real money balance is usually used up first before you can play exclusively with bonus credit. Therefore, always check carefully what type of bonus credit it is and what conditions are attached to it.
Different Types of Bonuses & Credits
Not all bonuses are the same. There are a variety of different types of bonuses that can differ in terms of their terms, requirements and the type of credit. To give you a better understanding of what types of bonuses there can be in online casinos, we have summarized the most important types of bonuses for you below.
Deposit Bonus
The most common type of bonus is the deposit bonus. As part of the welcome bonus at online casinos, for example, you can secure a deposit bonus. It is called that because it is linked to a deposit. It is therefore usually not given as a fixed value, but as a percentage with a maximum value. For example, a 100% deposit bonus up to 100 euros is not always a 100 euro bonus, but can also be a 10 euro bonus if you only deposit 10 euros when claiming it. In this example, 100% of your deposit will be credited to you as bonus credit, so that you can play with your real money balance plus the bonus balance of the same amount. In total, that is twice the amount.
Of course, not every deposit bonus has to be a 100 percent bonus. The percentage value can vary, as can the minimum and maximum value and the wagering requirements. A special type of deposit bonus is the reload bonus. Like the welcome bonus, this is a type of bonus that is linked to a deposit and is usually given as a percentage of the deposit. In contrast to the welcome bonus, however, it is not only available to new customers, but can also be used by regular customers.
No Deposit Bonus
The no-deposit bonus differs from the deposit bonus in that it is not linked to a deposit. Online casinos do not usually offer a no-deposit bonus , but you may come across such a no-deposit bonus as part of special promotions, VIP programs or special new customer promotions . In comparison to the deposit bonus, it is usually tied to more demanding sales conditions and is often not as generous. You may also receive free spins without making a deposit; in this case, too, it is referred to as a no-deposit bonus. This is especially true if the winnings from these free spins are tied to conditions before they can be converted into real money.
Cashback Bonus
A cashback bonus is a hybrid of a deposit bonus and a no-deposit bonus. Although it is not directly tied to a deposit, you can only receive it if you have previously played for real money. The amount of the cashback bonus depends on how much money you have previously wagered and lost as part of the bonus offer. It is therefore a type of reimbursement for losses you have had while playing. If you make a profit, cashback is usually not granted – but if you suffer losses, you can use it to reduce the amount of your losses. This can cushion streaks of bad luck a little and increase the overall payout rate.
Real Money Bonus
If a bonus does not credit bonus money to your account, but real money that is no different from the money you have deposited, it is a hybrid bonus, a so-called real money bonus. Here, withdrawable funds are credited to your account, which you can use freely. Just as if you had deposited it yourself. Such bonuses can be claimed, for example, as tournament winnings, as part of special promotions, with certain cashback promotions or in other ways. However, they are not the norm.
Winnings From Free Spins
If you receive free spins as part of a bonus offer, they are either valid for a specific slot or can be used freely on various slots. Usually, winnings that you make from this type of bonus are credited to your account as bonus credit, which in turn is subject to wagering requirements. However, there are also free spins as part of various promotions, the winnings from which are credited to your account as real money. This can be the case, for example, as part of a promotion for a specific slot machine or with a special loyalty bonus from online casinos.
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