Monthly casino bonuses are perfectly curated by casino owners to compensate their loyal and long-standing customers. After welcome bonuses, it is probably the next best thing. They can range from about 25% to 100% of your total amount spent, and what better way is there to start a new month?
Most casino bonuses are cashable unless specified by the casino itself. In general, this means that the casino monthly rewards that are given to you are yours to keep after you have met all the major wagering requirements. These are simple bonuses and are usually hard to find. Let`s take an example:
For instance, a casino might offer you a 100% match bonus of $ 100, with a 20x wagering requirement. After depositing the $100, you are instantly awarded another $100 as a bonus. However, you can not withdraw this bonus until you meet the wagering requirement of depositing $2000 into the account. After making this deposit, you will have fulfilled your requirements and will now be allowed to withdraw your cash to do whatever you please.
Usually, monthly casino bonuses take this turn. Although it is rare, casino owners make this type of bonus available for customers who have stuck with them during the month.
These types of monthly casino bonuses are usually the most readily available ones. They are usually amongst the package deals for clients in the VIP or loyalty scheme of any casino. This bonus can be exciting to the player because it simply means that their total losses of the past month would be calculated, and a certain percentage would be returned to them as incentives for the coming month.
Confused?
Simply put, cashbacks are a certain percentage of cash given to players as returns from their betting losses. In some casinos, this percentage depends on your VIP level.
As an example, let`s assume that according to your VIP level, you are level four and are eligible for a 10% Cashback. As part of your casino monthly rewards, the site would calculate all the losses of the past month and return 10% of the entire amount to you as a form of appreciation. It is simply amazing.
Match bonuses are another type of monthly reward given to loyal customers. This is done by giving you a specific additional percentage to the first deposit you made in the current month. This amount is given to you as additional funds to match whatever you are about to deposit into the casino, thereby giving you enough cash to play as much as you want and win as much as you want.
For example, you are about to deposit $200 into your casino account for the new month. As your casino bonus of the month, the site can give you a bonus depending on a certain match-up percentage.
Most casinos also calculate this percentage based on the player`s level in the VIP club, with some gamblers getting about a 100% match-up percentage.
Some match-up bonuses might also come with free spins, or sometimes BTC or other cryptos, depending on the type of casino you are playing at.
This is another version of the cashable bonus that is otherwise known as the non-cashable bonus. What this simply means is, it is the direct opposite of cashable monthly casino bonuses. This means the casino would give you a bonus, let you wager with it, and keep your winnings. However, you will not be allowed to keep your bonus money. It simply cannot be withdrawn or used for other purposes aside from playing.
As an example, we`ll assume you are about to deposit $100 as your monthly wager. The casino decides to give you a sticky bonus of about $150 in addition to your initial amount. This means you have $250 for your gameplay, which is cool. If you go ahead to win a bet of $500 with this wager, you now have a total of $750. However, when you withdraw your earnings, you will realize that you can only be allowed to take out $600, with your bonus money of $150 being held back.
Wagering requirements are simply the requirements that must be met before your monthly casino bonuses can be withdrawn. These requirements can be:
- A certain amount of cash
- Time
- Eligibility
- Bets
Monthly casino bonuses usually work by bonus amount and percentage, as explained above. The percentage used in this calculation solely depends on the casino and can either be a part of the player`s VIP package or part of the casino`s terms and conditions.
There is also a certain amount of money a user can deposit to qualify for this casino monthly rewards. How does this work? For example, a user pays the minimum deposit to qualify for their monthly bonus of $20. Assuming the percentage is 100% of the deposit, this user would get $20 extra for gameplay.
If the user decides to pay the maximum amount of say $150, the user would also get an additional $150 as their casino monthly rewards.
Note that the casino usually does not go above their maximum limit, and even if the user decides to deposit more than the maximum amount of $150, their casino bonus of the month would still be $150.
