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Cashback, Free Spins, Or No Wagering. Which Bonus Type Actually Gives Players More Value?

Discovering the best casino bonuses is a great way to stretch your betting funds and gives you more opportunities to hit the bigger wins. When you are choosing a new online casino to join, one of the biggest priorities for most players is to make your money go as far as you can.

 

Evaluating the different bonuses on offer to see which ones provide the most value will give you the best chance of turning your funds into wins. Many beginners make the mistake of looking at the biggest deposit matches or highest number of free spins but they might not actually provide the best value compared to other bonus types.

 

Factors such as wagering requirements and whether you can use free spins on the games that you want to play will come into the mix when deciding which bonus type offers the most value to you.

 

Here’s a look at what each type of bonus is and how much value it is likely to provide when you sign up:

Free Spins

Online casinos often offer a set number of free spins when you register with them but the number can vary from around 10 spins up to 300 or even more. One of the drawbacks attached to free spins is that they often have wagering requirements.

 

This means that you have to wager the bonus amount by a multiplier of usually between 20x and 50x. Choosing an online casino with lower wagering requirements will help you to achieve your free spins bonus more easily but you should check which games the free spins are offered on to see if it’s for a game that you want to play.

 

Reading the terms and conditions for claiming free spins before you register will ensure that you know exactly what you need to do to achieve the bonus. If you look at the

Tikal Casino bonus terms and conditions, for example, there is a clear explanation of the terms. They also provide tips around claiming free spins to get the most value, such as choosing games with high RTP (return to player) to help generate more funds, so that you can use them to meet your wagering requirements.

Cashback

Cashback bonuses are often overlooked when people are choosing a new online casino but if you are planning on playing casino games on a regular basis, cashback bonuses could be the most valuable bonus over the long-term. Once welcome bonuses have been used, getting a weekly cashback amount on any losses will boost your funds and cashback is guaranteed. The other big plus of cashback is that there are usually no wagering requirements or the wagering requirements will be lower than other types of bonuses.

 

Online casino cashback offers tend to range from 10% to 30%, which could keep your betting funds topped up each week.

No Wagering Bonuses

Bonuses with no wagering provide better real value but they are harder to find. They will often be for smaller amounts and might be restricted to a certain game or small selection of games. However, anything that you win from a no wagering bonus will be yours to keep, with no terms to meet such as wagering a large multiplier of the bonus within a specified deadline.

Conclusion

While no wagering bonuses add the most real value in regards to keeping the winnings without betting any of your own money, they are unlikely to provide you with enough funds to stretch out your playing sessions. Cashback is a valuable bonus for regular bettors, while free spins offer a great way to try out games but winnings are not guaranteed like cashback is.

 

You might also find that the free spins are provided for a game that you would not usually choose to play, so the value from a fun perspective is lower than bonuses you can use on any type of game that you choose.

 

Using your bonuses in a combined strategy is the most effective way to get the highest value. You can structure the order in which you use your bonuses to make them last longer. Firstly, use any no wagering bonus, as you might be able to accumulate some winnings from this bonus. Next, you can choose high RTP games with a deposit match bonus that has low wagering requirements, using any cashback to help meet the wagering amount.

 

Save any free spins to use at the end, so that they do not get mixed in with your wagering requirements for your deposit match, as this can be confusing and prevent you from meeting your wagering requirements.


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