Reload bonuses are a popular form of promotion in the online casino world, offering players incentives for continuing to deposit and play. While they can be a great way to boost your bankroll and extend your playing time, there are both pros and cons to consider when deciding whether to take advantage of these bonuses.
Pros of a Reload Bonus:
- Provides Extra Funds to Play With
Reload bonuses offer you extra funds to play with. For example, if you get a reload bonus that gives you 100% of your deposit, you will get 2x of your deposit to play with.
- Can Help Extend Gaming Sessions
If you're a casual gambler, reload bonuses can help you extend your gaming sessions. The reload bonus will give you free funds, which you can use to explore new casino games and gain more experience. This can be beneficial if you're on a tight budget.
Reload bonuses increase your chances of winning big. By getting some free funds for playing, you can place bigger bets, which means you can win more and, if you are lucky enough, you can even profit from collecting those bonuses.
Cons of a Reload Bonus:
- Wagering Requirements Can Be High
One of the main drawbacks of reload bonuses is the wagering requirements. Most online casinos require players to wager the bonus amount several times before they can withdraw any winnings, which is one of the reasons why many players avoid collecting any offers at all.
Wagering requirements for reload offers in casinos range between 25x and 35x, which means if you made a deposit of 100, you should wager 3 500 to be able to withdraw. If you play games that have a lower rewards pool, it may be very difficult for you to meet these requirements within the set deadline.
- Restricted Games and Timeframes
Reload bonuses are usually limited to specific games or timeframes, which is another thing that you should keep in mind when collecting a reload offer.
The bonus may only be valid for a limited time, after which it expires, alongside with the game's restrictions that may apply.
These limits may force you to use the bonus on specific games within certain games, which will force you to play even if you don’t want to.
- Can Encourage Risky Behavior
Reload bonuses can encourage players to take risks they wouldn't normally take. For instance, you may be tempted to place larger bets or play games with a higher house edge to meet the wagering requirements.
This can be dangerous, especially if you're on a losing streak or if you're playing with money you can't afford to lose.