What You Need to Know About Casino Bonuses in Colombia
In 2016, Colombia became the first Latin American country to fully regulate its online casino market. Not only did the government pass the eGaming Act, but has since worked tirelessly to attract new operators and licensed both domestic and offshore casino entertainment providers in order to offer more variety to players.
As a result, bettors in Colombia are spoiled for choice, with more and more casinos obtaining licenses to operate there, while software providers continue to boost their footprint in the country, offering an ever-growing variety of games.
And where there are casino games, there are bonuses, too. Punters in Colombia can benefit from all types of casino offers and to make the choice easier for you, we’ll lay out the most popular kinds of casino offers in detail.
Different Types of Online Casino Bonuses in Colombia
There are various types of casino bonuses in Colombia. To know the ones that work best for you, it is essential to learn what each of them entails. Seasoned punters already know what they’re looking for. But newbies will find the following guide useful as it will help them sort out casino bonuses and finally pick the ones they like.
Welcome Bonuses in Colombia
Online casinos come in all shapes and sizes, offer- and design-wise. However, virtually all of them have one thing in common.
We’re talking about welcome or sign-up bonuses. This kind of casino bonus can be found at practically every casino on the internet. Welcome bonuses are offered to newly registered players and they nearly always have the same structure. We’ll provide an example to bring you closer to how they work.
The most common formula of a welcome bonus goes like this: 150% up to $200. If you opt for an offer as such, you’ll have your first—and most times second, third and fourth—deposit matched by 150% but only up to the said limit. In other words, depositing $50 will get you $75 more credited to your account. When activating this kind of bonus, make sure the final bonus amount isn’t higher than the “up to” amount: any funds that exceed this number, won’t count toward the bonus.
The most important thing to check when opting for a welcome bonus is wagering requirements. Casinos usually ask players to wager the deposited amount or the bonus amount—or both—a number of times, before actually crediting it to their account. This way, casinos ensure that punters indeed spend the money with the casino and not simply withdraw the funds.
Extra Spins (Formerly Known as Free Spins) in Colombia
Extra Spins, otherwise known as Bonus or Casino Spins, are the kind of bonus that allows players to spin slot reels some more without putting in more money. Or at least that’s how it’s supposed to work. In reality, they are rarely given entirely free and in the majority of cases have certain requirements attached to them.
The most common requirement is the wagering condition. Casinos will always ask players to stake any given amount of Extra Spins a number of times before letting them use the spins. Apart from that, casinos usually limit the bet size of each spin: this way, casinos cap punters’ winnings by letting them place only the minimum bet on a slot.
No Deposit Bonuses in Colombia
No Deposit Bonus is the type of bonus given to players without requiring them to deposit any money. Instead, the casino hands out a cash sum that can be used on certain games.
These bonuses are offered to new and registered players alike. For instance, they can be part of the welcome offer. Other times, a casino will give a no deposit bonus when it introduces a new game title, letting players try out the game risk-free. But risk-free in the context of no deposit bonuses doesn’t mean that this type of bonus is entirely free of requirements.
For example, before letting players spend the bonus amount, a casino will usually ask them to stake the funds promised using their own money first. In other instances, the casino will set a max cashout, making it impossible for players to have any winning that exceeds the predetermined limit credited to their account.
Other Popular Casino Bonuses in Colombia
Now that we told you about the most popular casino bonuses, we’ll briefly mention other types of casino bonuses you may encounter in Colombia:
- Reload Bonuses
- High Roller Bonuses
- Cashback Bonuses
- Loyalty Bonuses
Regardless of the bonus you set your eyes on, always make sure to read the Terms and Conditions behind them. They contain tons of useful information that helps players get a full picture of the offer they are trying to activate. Read them carefully and save yourself some time and trouble each time when you consider triggering a new bonus.