Why Do Casinos Offer Bonuses?

Why Do Casinos Offer Bonuses?

A Norwegian online casino is always eager to have new customers, and one of the ways that this is done is by offering bonuses. These include free money, promotion bonuses, or free spins, and most casinos offer a welcome bonus for new gamers. If you are new to casino online gambling, taking a casino welcome bonus Norway can be a great way of having more to start off with and having the ability to play some of the different games for less risk. In this article, we will talk briefly about the reasons why casinos offer bonuses and what bonuses you can expect.

What's the benefit of a bonus?

Casinos provide bonuses to entice new players and to reward frequent players. The bonuses differ but are usually free money with which to play or free spins on the casino's choice of games. These bonuses are a wonderful chance to win money without using your own money, so online casino players just love them.

What Is a Welcome Bonus?

Casinos will usually give bonuses to new players and regular players to motivate them to play and keep playing. A welcome bonus is a bonus that is usually given to new players at registration or upon first deposit. The bonuses vary in nature, but most casinos tend to offer a first deposit match bonus. This means the casino will most likely match your first deposit up to some specific amount.

For example, an online casino can offer a 100% deposit bonus of up to 1,000 NOK. So, you receive a 500 NOK bonus on a 500 NOK deposit and the full 1,000 NOK bonus on a 1,000 NOK deposit. However, there are usually wagering requirements, which means you must wager the bonus amount several times before you can withdraw it. Wagering requirements vary from casino to casino but are typically between 20x and 40x.

Norwegian Casino Bonuses

Norwegian casino bonuses have been very controversial in the last few years. The Norwegian Lottery Authority believes that by offering welcome bonuses to players in Norway through online foreign casinos, gambling addiction is encouraged and players who would not otherwise gamble are encouraged to deposit only to receive the bonus. Norway is nearly the only country trying to shut out online foreign casinos. This is primarily because the government wants Norsk Tipping to have a monopoly on gambling.

Some of the gaming operators, which are predominantly Malta-licensed and Malta-based, urge Norwegian authorities to consider introducing a licensing regime that would authorize foreign internet casinos to offer their services in Norway. Sweden and Denmark already have licensing regimes with hugely beneficial impacts. The problem gamblers are reduced in both these nations, and, notably, both Sweden and Denmark have noticed a neat increase in tax revenue from the licensed internet casinos.

Why Utilize Bonus Offers?

There are many reasons why you should accept a welcome bonus at an online casino. The first and most obvious one is that you have more cash to bet with, so you are that much more likely to hit a massive jackpot. Secondly, it is a great way of trying different slots machines and seeing if the online casino offering the bonus is right for you.

You simply might not like the navigation, site design, or even find the site too slow. In this case, it is nice to have received some "free money" so you can experiment with these things without jeopardizing your own capital.

An Overview of Norwegian Casino Bonuses

Did you ever think why a casino would provide such a wide range of bonus variations? Why just a plain, no-holds-barred bonus? There has to be something, and in this article we will look at the different types of bonuses.

Deposit Bonus

Deposit bonus is a bonus you receive when you deposit money to an online casino. The bonus can be free money or free spins, and it's a means of boosting your gaming balance without spending your own cash. Just make sure you read the terms and conditions of the bonus before you opt for the bonus because there is always a wagering requirement.

No Deposit Bonus

Norway casinos like to offer a wide variety of bonuses, and one of the most popular is the no deposit bonus. As the title implies, this is where you do not have to deposit any sum of money in exchange for the bonus. This is a great way of trying out a new Norway online casino and see if it will be good for you, but still have a chance at winning some real cash.

But remember, casinos do not offer free money for free. Terms and conditions always have to be fulfilled with bonuses. You will usually be required to fulfill a wagering requirement before the cash can be withdrawn on any winnings made with money you have played with from your bonus money. So if you do manage to win 10,000 NOK on your 100 NOK no deposit bonus, you cannot just withdraw the whole amount. You will first need to bet some amount before the money becomes yours.

Wagering Requirements

Most online casinos today place wagering requirements on bonus money. It is common practice and prevents players from withdrawing before they play. Wagering requirement varies between casinos but will not usually be more than 25x to 40x of the bonus. That is, you would have to play with a quantity of 25–40 times the bonus so that you can withdraw your wins.