What Are Reload Bonuses and How Do They Work?

5th December 2022 by admin

What Are Reload Bonuses and How Do They Work?

If you are an avid gambler, you might have already heard about reloading bonus. However, if you are new to online casinos, don’t worry! This guide is going to explain to you all that you need to know about reloading bonus.

What Is a Reload Bonus?

As the name suggests, it is a bonus provided by casinos when you reload your casino wallet. So, it is available to players who have already made a deposit at the site. It might take several forms. Also, the casino makes it available to gamblers at different points of their gambling experience.

Online gambling sites use bonuses as a way to attract more punters to the site to retain the old ones. One such bonus is the reload bonus.

You might already know that a player’s first deposit as a new customer at a gambling site is usually accompanied by a welcome bonus. Every bonus that follows is conditioned with a deposit being made. This can be called the reload bonus. So, even if it is the 3rd, 4th, and 5th deposit at the site.

The primary purpose of a reload bonus is to provide the customers with an added reason to stick to the casino. A majority of the gambling sites only offer a welcome bonus to the new players but no bonuses later on. This is unappealing to customers who prefer being rewarded for their loyalty towards a site. So, reload bonus can also be considered as a loyalty bonus.

Usually, reload bonuses are offered on a monthly or a weekly basis along with a large influx of reload offers when special events take place.

How Does a Reload Bonus Work?

You can get a reload bonus after the first deposit; you start with a tiered structure that several online casinos employ. The first tier is for new customers and the subsequent tiers are for gamblers who are already a part of the site. It helps in increasing your bankroll. So, you have a chance to play more and win more.

Most of the time than not, they are less generous than the actual Welcome Offer. For instance, if you receive 500% up to $1000 as the Welcome Bonus with the first deposit, a reload bonus will be 50% of the deposit amount. This is not as good as the initial offers. However, the additional $50 for free shouldn’t be sniffed at. Hence, these bonuses are worth looking for.

A reload bonus is a specific percentage of the funds you have deposited. So, basically, it is a deposit bonus. However, unlike a sign-up offer, it is received randomly. Also, you can use it multiple times.

One important thing to note is that these offers don’t always come as cash bonuses. As a matter of fact, the two common forms is it is Free Spins on certain games. If you are lucky, the reload bonus might include Free Spins, as well as a cash bonus.

Generally, reload bonuses are available for a certain time. For example, there are offers that are available only on certain days of the week or on a holiday. Again, there are certain bonuses for which you have to use a promotional code. So, you have to enter the code while making a deposit.

The terms and conditions and the code is listed on the promo page of the online casino. It also has a wagering requirement. This varies with the casino you have chosen.

At times, the gambling site might offer the reload bonus only available to a few players. In that case, the casino will send an email providing the details of the offer. It will contain the promo code along with the terms and conditions.

Reload Bonus vs. Welcome Bonus

The main difference between the welcome bonus and reload bonus is that the players will be able to claim the reload bonus only once while they register on the site. But a reload bonus is offered to you as a promotional scheme.

All the reputable online gambling sites have a welcome bonus offering a substantial amount of recurring reload offers for the punters to claim.

The reload bonuses are proof that staying loyal to a casino can be profitable.

Terms and Conditions Associated with a Reload Bonus

Reload bonuses usually have terms and conditions attached to them. The common terms and conditions attached to it are as follows.

  • You win a certain percentage of your deposit.
  • Usually, the higher is the bonus percentage, the higher is the wagering requirement.
  • It might come with a code for you to claim that is given to you when you qualify for it. 
  • The bonus is valid for a certain period that varies from a few days to a month. 
  • It is applicable to only certain games especially if it is Free Spins. 

Types of Reload Bonus

There are different types of reload bonuses. Let’s take a quick look at them. 

Common Reload Bonus

It is a bonus that you can win when you deposit the minimum amount for the offer. For certain sites, every deposit comes with a matching percentage for the total reload offer but it depends on the gambling site’s requirements. The qualification differs from one gambling site to the other. 

Special Reload Bonus

It is the kind of reload bonus that is offered during special holidays and occasions. For instance, there are a few gambling sites that will provide you with a special bonus on Cyber Monday and Black Friday. Again there are certain sites that offer monthly and weekly reload offers. 

Wagering Requirement Associated with the Reload Bonus

Wagering requirement or playthrough requirement refers to the number of times you need to play through the bonus before you request for a withdrawal or for the bonus money to be transferred to your real-money account. 

The wagering requirement varies with the casino that you have chosen. It starts with 30x and might go as high as 50x. Apart from the casino, the wagering requirement also depends on the offer you are receiving.  

The terms and conditions are quite similar to the welcome offer. These are the wagering requirements, game restrictions, and time limits. So, make sure you quickly check the terms before using them. 

Tips to Make the Most Out of a Reload Bonus

Who wouldn’t like to have a good time with the reload bonus! In case you are wondering how to use these bonuses and make the most of it, take a look at the tips given below. 

Bonus Percentage and Maximum Amount

The first thing you need to do is take a look at the bonus percentage and the maximum amount you can win from the bonus. So, the percentage might vary from 100%-150% while the amount might be between $50 and $150. If you are lucky, you will come across a gambling site that will provide you with unlimited bonus amounts. 

If you know the bonus percentage and amount, you can calculate the deposit you can make to make the most of it. 

Game Choices

You need to understand that not all games that you can play on the sites have similar contributions when it comes to the wagering requirement for the bonus. There are a few casino games that do not contribute anything. 

However, there are some patterns when it comes to this. For instance, slot machines usually contribute 100% towards the wagering requirement. Moreover, games such as roulette or poker will lower contributions. This is the reason a player has to be informed about this before they make their bets. Otherwise, you can just go on making bets and still not make any progress with the wagering requirement. 

Do Not Simply Play for the Bonus

As you already know, getting a bonus means you have a chance to take home a big sum of money. Nevertheless, there is a wagering requirement. Surely, there is nothing more frustrating or stressful than not being able to withdraw the wins. There are certain websites that will make punters go through a few processes before they can make a withdrawal. But this generally happens when you sign up for an unreliable gambling site. Hence, when it comes to choosing a casino, do not simply depend on the reload bonus as the deciding factor. 

Low and Medium Variance Slots

In case you are great with slots, the best opportunity for you to withdraw a reload bonus is to try out a low-medium variance slot. Yes, you will not be able to grab big wins but you can win something out of it prior to the balance becoming zero. There are many slot games with this kind of bonus. All you have to do is look for them online.

When Should You Consider Using a Reload Bonus?

Everyone looks to get the best value out of every casino offer and reload bonus is quite high on the list. In case you are someone who is playing primarily for fun and throws in some Euros while playing, the reload bonuses are great. This is because it gives you the chance to do more than one deposit with the bonus.

Reload bonuses are great when it comes to securing extra time to play. In case you are fortunate, you will also be able to finish wagering on time and make cash-out. However, if you are just after a cash-out, you should stick to non-wagering bonuses. Usually, people who are able to fulfill the wagering requirements are the ones who have a larger bankroll.

How to Cash Out a Reload Bonus?

Like many other bonuses and promotions provided by online casinos, it is important to complete certain requirements before you can withdraw the money you made from the bonus.

Generally, an average wagering requirement applied by most online casinos is 30-40 times the total bonus. Read the fine print before you claim the bonus.

Pros 

  • Existing players get a chance to win a bonus.
  • Available in conjunction with the welcome offer.
  • It helps you save money and play for a longer time.
  • The bonus increases your funds and lets you make larger bets.

Cons

  • Might come with a large wagering requirement.
  • You cannot withdraw it immediately.
  • They come with a cash-out limit.

Bottom Line

Reload bonuses vary. They are available to all players, randomly chosen ones, or VIP members. Also, their value might vary. All in all, the bonuses are mainly for the most active gamblers. So, make the most of it while you are at it.

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5th December 2022

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