Online casinos offer a wide range of incentives in order to attract new players and have them continue playing at their sites. Two of the most common ones are fast withdrawals and bonuses. But which one should you prioritize when choosing a casino? In this article, we'll explore the pros of each option, and provide some tips for making an informed decision.
You may also want to check out: Fastest Payout Slot Sites in The UK
Key takeaways
- Fast withdrawals can help you feel at ease and help you manage your gambling bankroll. They also protect you from cancelling a cashout and may be an indication of a high-quality casino.
- Bonus offers provide an opportunity to win more money at the expense of the casino. They may also increase the overall entertainment value of a gambling experience.
- It's crucial to consider the terms and conditions attached to bonuses when choosing a casino to play at as these can heavily impact how valuable a bonus is.
- A player’s best bet is not to choose between fast withdrawals and bonuses, but to look for casinos that offer both; speedy cashouts and regular bonuses with reasonable terms and conditions.
Fast Withdrawals
Fast withdrawals are an important factor to consider when choosing an online casino. They refer to the speed at which a casino processes and pays out winnings to players. In general, the faster the withdrawal times, the better the player experience.
There are several reasons why fast withdrawals are important:
- You want to receive your winnings as quickly as possible to feel at ease. A long waiting period can be frustrating and may cause unnecessary distress and worries about not receiving your money. Life is probably busy too so you also don’t want to keep track of pending casino withdrawals.
- Fast withdrawals are a sign of a reliable casino that knows what it’s doing and cares about its players. If a casino pays out winnings quickly, it suggests that it has the necessary funds and processes in place to do so and that it doesn’t pull any dirty tricks on players. Chances are that customer support and other areas of the casino will be of high quality too if withdrawals are fast.
- Getting your winnings quickly might make it easier to manage your gambling bankroll. For instance, you may want to go from one casino to another to claim casino bonuses and if your bankroll is limited, slow withdrawal times will prevent you from doing so efficiently.
- Fast withdrawals give you a bit of protection from the temptation of cancelling a withdrawal and continue playing with your funds, which can be a costly habit. Of course, at casino sites licensed by the UKGC you would not have the cancellation option available as it is banned, but at other casinos, you would.
Bonuses
The size and frequency of the bonuses on offer are another important key factor when choosing a casino to play at. Casinos use bonuses to attract players to their sites and incentivize them to make deposits. These bonuses can come in many forms, including deposit matches, free spins, cashback offers, tournaments and challenges.
Playing at a casino that offers big or many bonuses can be very valuable as they provide you with an opportunity to win more money without having to risk as much of your own funds. For instance, by making a deposit of £100, you could receive another £100 at the expense of the casino, doubling your gambling budget.
However, it's important to be aware of the terms and conditions attached to bonuses. In many cases, casinos require you to meet certain wagering requirements before the bonus and its associated winnings can be withdrawn. This means that you often need to play through the bonus funds 30 – 70 times before being able to cash out. Some bonuses may also come with a maximum withdrawal limit.
An additional factor that makes bonuses important is the increased entertainment value they may provide. While some bonuses are very simple and straightforward, others are designed in gamification ways that can make a gambling experience a lot more fun. For instance, competing against other players in slot tournaments for various prizes can really up the excitement.
Best Casino BonusesChoosing Between Fast Withdrawals and Bonuses
When it comes to choosing between fast withdrawals and bonuses, there’s a lot to consider with the latter. You have to take into account what types of promotions the casino is offering. You may have a thing for tournaments and challenges or you may prefer simple deposit bonuses. You must also consider how often the casino rewards players with promotional offers and how valuable the bonuses are.
A bonus might be big and look terrific at first glance, but a big bonus isn't necessarily a good bonus. The value of a bonus will ultimately come down to the terms and conditions and wagering requirements attached to it.
For example, a casino may offer a 200% match bonus up to £1,000 but require players to wager the bonus amount 60 times before they can withdraw any winnings. This means that a player who deposits £100 and receives a £200 bonus would need to wager £12,000 before they can cash out any winnings. In this case, the bonus may not be worth as much as it initially seems.
On the other hand, a bonus at another casino may only be 100% up to £100, but with a substantially lower wagering requirement of 30x. In this case, a player who deposits £100 and receives a £100 bonus would need to wager £3,000 before they could cash out any winnings. This bonus may be more valuable than a larger one, depending on your preferences.
To further complicate things, bonuses may have a maximum withdrawal limit attached to them, which can greatly affect their value. For instance, with one bonus you may only be allowed to win a maximum of £100, while another bonus has no win limit at all.
Fast withdrawals don’t come with the same complexity as bonuses do. If a casino is known for paying out winnings quickly, then it pays out winnings quickly. There are no terms and conditions to worry about. This can make fast withdrawal casinos a more attractive option for players who value a hassle-free experience above all else.
Choosing a casino, you need to ask yourself what is most important to you. Thoroughly consider the upsides of having fast withdrawals, as well as the upsides of having many entertaining or valuable bonuses and do your research well before picking a casino to play at.
Ultimately, you want to look for casinos that offer the best of both worlds. You don’t necessarily have to choose between the two. There are casinos out there that offer fast withdrawals as well as many great bonuses that come with fair terms and conditions. Two examples of this are LeoVegas and PlayOJO.
Keep in mind that it’s worth taking your time when choosing where to play in order to get the most enjoyable and valuable gambling experience.
Conclusion
When it comes to choosing an online casino, fast withdrawals and bonuses are two of the most important factors to consider.
Fast withdrawals can help to ensure a hassle-free experience and may indicate that a casino is of top quality, while bonuses offer the potential for larger winnings and a more fun gambling experience.
By considering your priorities and doing your research well, you can find casino sites that offer the best of both worlds.
