The real beauty of reload bonuses is, with a bit of know-how, they can be a source of income.
The starting point is to determine whether a reload offer is genuinely profitable and thus worth taking advantage of. The critical thing to do is first thoroughly read through its terms and conditions, paying particular attention to two factors; the maximum bonus limit and the wagering rate.
A 500% matched bonus might sound like a tempting proposition, but if the maximum bonus is only $100, then the maximum amount that can be won from that promotion would be $100.
However, a 50% bonus might sound less impressive, but if the maximum bonus is $200, then a player can, in theory, win double the amount in comparison to the first offer.
But a player must also take into account the wagering requirement.:
A 40x wagering requirement with a bonus of $400 means a player must bet $16,000 in total. Whereas a 20x wagering requirement with a bonus of $300 would require a player to bet a much lower sum of $6,000.
A key takeaway from this is a player must know how much they can possibly win and how much they can afford to bet before deciding whether a reload offer is potentially profitable for them or not.
Once that has been established, and the bonus has been obtained, a player must then fulfill all of the casino's requirements, as outlined in its terms and conditions, before withdrawing any money.
Often the best way to do this is to work out which of the online casino games offered has the best Return to Player (RTP) value. RTP refers to the total percentage of money a player is expected to win from the amount they bet. This can vary from casino to casino and from game to game.
If a player can select an online casino with good reload offers and then select the best games on which to wager the bonus they receive, they stand a better chance of turning a reload bonus into real money.