If you enjoy iGaming sites, you probably were drawn in with an impressive welcome bonus or perhaps a no-strings-attached sign-up bonus. If you enjoy slots, you most certainly have indulged in free spins packages, sometimes even daily. But what if you’re not a new member and you continue to make steady deposits? The answer is reload bonuses. Together, we take you from A to Z about everything related to the reload bonus.
How Does a Reload Bonus Work?
Essentially, a reload bonus works and functions like the general casino welcome bonus that we’re familiar with. In other words, a reload bonus offers a percentage of money back to the player based on how much the member deposited. It’s common for online casinos that support reload bonuses to offer a matching percentage between 35% and 50%. However, the maximum bonus money is usually significantly lower compared to the general welcome package. In most cases, the maximum reload bonus amount is $100.
Depending on the site, a reload bonus might be offered daily or weekly. Usually, reload bonuses are available for members, but they can be reserved for VIP members to further encourage more wagers. Also, while it’s customary for reload bonuses to be advertised on the promotions page, it’s not uncommon for select iGaming sites to send the offer to certain members through email, text, or social media to maintain engagement.
The Advantages of a Reload Bonus
Reload prizes, like any casino bonus, give players more funds in their accounts to continue making wagers. This is helpful for members who can’t afford to spend big and are counting every dime to manage their bankroll. Reload bonuses are also handy for players who rely heavily on strategies for playing games like roulette. Such strategies, like the Martingale and the Paroli, call for increasing or doubling bets based on wins and losses. Therefore, having bonus funds from a reload is worth its weight in gold.
Reload Bonuses Aren’t Free of Risk
Unlike no-deposit bonuses, which don’t involve any financial risk, reload bonuses fundamentally require members to make the required deposit. If you’re dealing with a variable reload bonus, meaning the more you deposit, the more you will get back until you hit the maximum, and the risk increases even more. Even with the additional bonus money, there’s still no guarantee that you will win so that you can be out of the bonus money plus your deposit.
Some virtual casinos allow members to play practice versions so they can get the hang of things and see if the game is worth a financial investment. But another risk associated with any reload bonus is the playthrough requirements. Better known as wagering requirements, these are stipulations that require a member to stake a certain amount of money before they can make a withdrawal. Reload bonuses also outline maximum bets.
Getting the Most Out of Reload Bonuses at Online Casinos
Please consider below the most notable features associated with reload bonuses so you can get the most bang for your buck.
1. Always Read the Terms and Conditions
Terms and conditions are more than fine print; you have to agree to create your account. They outline the specific wagering requirements for bonuses, including reload bonuses. The terms and conditions also include the expiration date and which games the reload bonus qualifies for. In most cases, reload prizes don’t apply to progressive games or live dealer play.
2. Focus on Games with High RTPs
If you play table games, you know the importance of odds and house edge. No doubt, these are important factors to consider so you can position yourself to win more often than you lose. With slot games, RTPs, better known as return to player, are a must if you hope to maximize your reload bonus. It’s best to only stick with eligible slots with RTPs of 95% and higher. Slots also qualify for 100% of the bonus requirements, so you can clear yourself to make withdrawals.
3. Have a Fixed Budget
Even if you have deep pockets, the wise gambler only spends what they can safely and comfortably afford to lose. They also have a limit. Not knowing when to quit or spending beyond your means is a dangerous way to develop a gambling addiction. Fortunately, the best online casinos have a dedicated, responsible gaming section where players can set playing sessions and hard loss quotas.
4. Don’t Wait to Cash Out
Believe it or not, if you don’t cash out within the bonus time frame, you run the risk of losing it. Once you are eligible to make a withdrawal, please don’t hesitate to do so.
Conclusion
Reload bonuses continue to have a special place among casino player enthusiasts. While not as widespread and popular as free spins and reward points, reload bonuses inspire veteran players to continue to engage with the online casino to continue cashing out.
