Bonus Abuse Prevention: Improving the KYC Process – Heavy vs Light
Every operator knows that simplifying the onboarding process is the best way to grow your user base. But when KYC processes are involved for regulatory and security reasons, there is also a choice to make:
- Heavy KYC is more thorough and safe. This can take on average between 1 and 5 minutes, which is a very long time for users and therefore increases churn. One example of this would be to ask for an ID verification or selfie at the signup stage.
- Light KYC offers a smoother user experience. Taking around 1 second per verification, it is also riskier, as it lets fraudsters slip through the net. It is often performed by looking at a user’s digital footprint and enriching the data available.
There are a lot of forces at play, all of which make it increasingly hard to react passively to the problem of Bonus Abuse. Instead, a proactive approach should be taken and, where applicable, a third-party fraud prevention tool should be used to help enrich your customer’s data.
Still Worried About Bonus Abuse?
SEON’s anti-fraud tools are designed to detect suspicious usage and uncover hidden fraudsters
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You might also be interested in reading about:
- SEON: iGaming Affiliate Fraud: How to Stop It
- SEON: How to Prevent iGaming Fraud
- SEON: Best Fraud Detection Software
Learn more about:
Data Enrichment | Browser Fingerprinting | Fraud Detection API | Fraud Detection with Machine Learning & AI
Bonuses are one of the best things about playing at online casinos! Whether you’re a new player just starting out, or an experienced veteran looking to take advantage of all the perks that come with online gaming, bonuses can really make a difference. But with so many different types of bonuses out there, it can be hard to know where to start. This guide will give you all the information you need on bonus online casino Ontario, how they work, and how you can make the most of them. By the end, you’ll be an expert on casino bonuses and ready to take your game to the next level!
How Do Casino Bonuses Work?
Casino bonuses are a great way to attract new players and keep existing ones coming back. But how do they work? Basically, a casino bonus is a free incentive or offer that is provided by the casino to get players to sign up or play at their site. Bonuses can be in the form of free spins, matching deposits, or even cashback offers.
In most cases, there will be some sort of wagering requirement attached to the bonus, which means that you'll need to play through a certain amount of money before you can withdraw any winnings. But if you're lucky enough to hit a big win, then the casino bonus can really help boost your bankroll! So if you're thinking about signing up at a new casino, make sure to check out the bonus offers first. It could make all the difference to your bankroll. Also, alot of information about casino gambling is presented in casino films, for example, the sinopsis film No Risk No Gain.
Tips for Finding the Best Casino Bonuses
The first tip is to do your research. There are many online casinos out there, and not all of them offer the same bonuses. Some casinos will offer bigger bonuses than others, so it’s important to compare what’s available before you decide which one to sign up with.
Another tip is to make sure you read the terms and conditions of the bonus before you accept it. Some bonuses come with wagering requirements, which means you’ll need to bet a certain amount of money before you can cash out your winnings. Others might have restrictions on how much you can withdraw each month. Be sure to check the terms and conditions so you know what you’re getting into before you accept a bonus.
Finally, keep in mind that the best casino bonuses aren’t always the ones with the biggest amounts. Sometimes, smaller bonuses can actually be better value for your money. It all depends on what you’re looking for and how much you’re willing to gamble.
Best Bonuses for Beginners
There are a number of reasons why online casinos offer bonuses to new players. Bonuses give players the opportunity to try out new games and get a feel for the casino before they make a deposit. They also provide an incentive for players to keep playing at the casino.
- The most common type of bonus is the sign-up bonus. This is given to players when they create an account at an online casino. The bonus is usually a percentage of the player's initial deposit, and it can be used to play any game at the casino.
- Welcome bonuses are another common type of bonus. These are given to players when they make their first deposit at an online casino. Welcome bonuses can be used to play any game at the casino, but they are usually only available to new players.
- Reload bonuses are given to players who make a second deposit at an online casino. Reload bonuses are typically smaller than welcome bonuses, but they can still be used to play any game at the casino.
- No deposit bonuses are given to players who do not make a deposit at an online casino. No deposit bonuses can be used to play any game at the casino, but they are usually only available to new players.
How to Claim Casino Bonuses
Claiming casino bonuses can be a bit of a minefield if you're not sure what you're doing. In this article, we'll give you some tips on how to claim casino bonuses so that you can get the most out of your gambling experience.
1. The first thing to do is to make sure that you read the bonus terms and conditions before you sign up for an account. This way, you'll know exactly what you're getting into and won't be caught out by any nasty surprises.
2. The next thing to do is to decide which bonus is right for you. There are usually two types of bonuses on offer: deposit bonuses and no deposit bonuses. Deposit bonuses require you to make a deposit into your account before you can claim them, while no deposit bonuses can be claimed without any upfront investment.
3. Once you've decided which bonus is right for you, the next step is to sign up for an account and make a deposit. Once you've done this, you'll be able to claim your bonus by entering the relevant bonus code when prompted.
4. If you're not sure how to claim casino bonuses, the best thing to do is to contact customer support, and they'll be able to help you out.
With these tips in mind, you should be able to claim casino bonuses with ease and get the most out of your gambling experience. Also, it is very important to gamble at reliable establishments and know the indicators of a quality casino.
How to Choose the Right Casino Bonus
When looking for a casino bonus, there are a few things you need to consider. The first is the size of the bonus. The second is the wagering requirements associated with the bonus, and the third is the games that contribute to meeting those requirements. The size of the bonus is important, but it's not everything. A bigger bonus isn't always better. In fact, sometimes, a smaller bonus with more favourable wagering requirements can be a better deal.
The wagering requirements are the key here. They will determine how long it takes you to clear the bonus and how much you have to wager before you can withdraw your winnings. The lower the requirements, the better.
Finally, you need to look at the games that contribute to meeting the wagering requirements. Some games contribute more than others. For example, slots usually contribute 100%, while table games may only contribute 20-50%. If you keep these things in mind, you should be able to find a casino bonus that's right for you.
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YOU CAN ENJOY PLAYING AT ONLINE CASINOS, TOO
People who have frequented casino sites since their infancy might recall how, back then, many such sites would give players software to download straight to their desktop and laptop computers.
With this software, a player could sample the games without needing to load and play them within a web browser. While such desktop software still remains available, many operators now tend to promote their mobile apps more heavily.
It's worth pointing out that mobile casino offerings remain highly functional when you are playing within a web browser. HTML5 has enabled operators to make the quality of their desktop and mobile offerings largely equal. Nonetheless, mobile apps can differ greatly to in-browser casinos on mobile.
Some gambling brands might choose to slim down the features of certain games, like slots, on the app. You should also consider that mobile apps, unlike web-based games, will always take up space on your device, while the software updates will not necessarily occur automatically.
The question of whether you should use a website or app for your on-the-go gaming exploits is therefore very dependent on personal preference. Still, we hope that whatever way you ultimately choose to play, the decision won't be a tough one – perhaps due to valuable assistance from our reviews.
Use the ratings and reviews at Top 10 Best Online Casinos to discover and compare the leading sites operating today!
This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, visit this page.
Bettors universally welcome bonuses and promotional offers because of the significant advantages that they provide.
Bonuses may be packaged in many different ways, but they basically give bettors more funds for betting upon depositing, and some bonuses require no deposit at all! Other bonuses increase a bet’s odds or boost a bettor’s potential winnings.
Since there are many types of bonuses, bettors need to be aware of the common options they are bound to encounter. For that very reason, we’re going to cover bonuses in-depth below.
Maximum Winnings Explained
The maximum winnings rule usually pertains to No Deposit Bonuses. It will typically state that there is a maximum you can win with gifted money or free spins. It usually does not cap winnings per se, but rather what can be withdraw.
Say, for instance, that the maximum win with a particular promotion claimed is £2000 and the player hits a big win, netting £10,000 in a single spin credited as a Cashable Bonus. The casino would allow play with the full amount until the wagering requirement is fulfilled, but once that would happen only £2000 would be converted into real money and the rest would get reclaimed by the house. This rule is thankfully not that common.
How We Review & Compare UK Slot Sites & Casinos
When we review any online gambling sites we follow a few very important rules. Using our industry knowledge we will analyze the games themselves, customer support, payment methods and more. If any online casinos do not meet all our criteria then we simply refuse to list them. The casinos that are listed on Spin Bonus have been thoroughly reviewed and meet our exacting standards, as explained below:
- Background & Reputation – First of all, we take a look at the company behind the casino, probe its reputation and look over any sister sites owned by the same company.
- Registration – We register at the online casino and asses the ease of the registration process
- Usability – We will browse the casino lobby and click around the site to assess the quality of navigation and ease of use.
- Game Selection – Our reviewer will try out and play the slots and table games, gauge the game options and the selection and choice of software providers.
- Software Providers – We test and make sure that all the online casinos we list have games by top software developers such as Microgaming, Playtech, Netent & many more.
- Banking – We diligently check the casino deposit and withdrawal options and weigh up the number of options such as Paypal, Neteller & Paysafecard
- Bonuses – Our expert will evaluate the ease and process of claiming the welcome bonus and check terms and conditions and wagering requirements. If a deposit is required to claim the bonus we will make the minimum deposit
- Promotions – We note the quality & quantity of the current promotions and research the regularity of new promotions being added.
- Payout Speed – We investigate the casino withdrawal options and cashout times, fast payout casinos get bonus points from our reviewers.
- Customer Service – The Reviewer will check the amount of customer support options and response times to determine the quality of customer service.
- Mobile Compatibility – We then repeat steps 3 & 4 on iOS, Android & Windows mobile devices to ascertain the casino usability on mobile phones and tablets.
- Compare – We compare each assessment to a data set derived from the most popular online casinos in the industry.
- Summarise – Finally, we will summarise our findings and determine a rating based on our experiences, list pros & cons and recommended alternatives where appropriate.
777 Casino
777 Casino is part of the well-known family of casinos from 888 Holdings Plc Casinos. Launched in 2015, it has become well-known because of the impressive amount of bonuses they constantly offer.
Licensed and regulated by the Gibraltar Regulatory Authority and the UK Gambling Commission, they offer 24/7 customer support via email and phone and over 100 popular casino games, including online slots, progressive jackpots, table games, and live casino games.
Bоnus Tеrms аnd Соnditiоns
Thе finе print is dеtаilеd in thе bоnus оffеr’s tеrms аnd соnditiоns. Whеn аn оffеr is аdvеrtisеd, it usuаlly shоws sоmе оf thе pоints оf thе tеrms аnd соnditiоns quitе сlеаrly, whilе оthеrs rеmаin а littlе buriеd in thе finе print.
Mоst bоnusеs соmе with wаgеring rеquirеmеnts. Thеsе аrе usuаlly fаirly еаsily sееn, but nеwbiеs might nоt аpprесiаtе thеir signifiсаnсе. Wаgеring rеquirеmеnts аrе shоwn аs а numbеr fоllоwеd by а multipliеr – fоr еxаmplе – 20X.
Wаgеring rеquirеmеnts аrе аlsо knоwn аs plаythrоugh rеquirеmеnts. Thеy indiсаtе hоw mаny timеs yоu must plаy thrоugh yоur bоnus mоnеy bеfоrе yоu will bе аllоwеd tо withdrаw аny winnings. Thеy rеquirе yоu tо dеpоsit mоrе mоnеy.
Оthеr things tо wаtсh оut fоr аrе hоw lоng yоu аrе givеn tо plаy thrоugh thе bоnus оnсе it hаs bееn сlаimеd, whаt аrе thе minimum аnd mаximum аmоunts yоu саn withdrаw аt аny оnе timе, аnd whаt pаymеnt mеthоds thе plаtfоrm ассеpts fоr thе dеаl yоu аrе сlаiming.
Bасk tо thе vаriоus typеs оf оnlinе саsinо bоnusеs….
No Wagering Bonuses
Before getting on to No Wagering Bonuses we should explain a bit more about ‘wagering’. All bonuses, except where stated otherwise, will have wagering requirements that need to be completed before the bonus cash or bonus winnings can be converted into real cash.
In other words, the wagering requirement is the amount you will need to bet, or play through, before you can withdraw these funds.
So if you come across a No Wagering Bonus, it means that the bonus will have no wagering requirements. Therefore, whatever you win will be yours to keep. No complicated T&Cs.
These bonuses can also be referred to as no wagering free spins or free spins no wager.
READ MORE ABOUT NO WAGERING BONUSES
Bonuses for Existing Customers
Casino bonuses aren’t just aimed at new players. In fact, today’s bonus lists for existing customers are continuously improving as casinos grapple to retain customers. In fact, loyalty bonuses can include:
- Cashback
- Prize draws
- Live game gifts
- Slot tournaments
- Monthly bonuses
- Additional deposit rewards
- Enhanced expected bonus values
- Seasonal Halloween and Xmas bonuses
- Daily blackjack and roulette promotions
In addition, there are specific VIP and loyalty schemes on offer for frequent players. Players can earn points which they can swap for free cash or additional bonus funds. These VIP clubs can also offer other rewards to bolster your payroll, as well as:
- Personal account managers
- Generous loyalty point conversation rates
- Access to exclusive free online casino games with no deposit requirements
Note rewards and on-going bonuses will vary between casinos and change over time.
Slot Casinos
Slot casinos are the place to be if you love slots. These sites offer a wide range of UK slots games, including hundreds to thousands of variations. There are many types of slot machines available on these platforms: classic slots, retro slots and progressive jackpots.
Slot casinos are the best place to look if you want to find the newest slots. They are committed to providing the best slot games and will go the extra mile to provide the latest video slots.
PlayUK Casino
Play UK Casino is new as can be, just launched in 2020, but already it has licenses from Gibraltar and from the UKGC, over 1000 games including slots, jackpots, live dealer games, table games and instant win, nice promotions and many payment methods.
Do an Online Search
Many of the best ways of finding the best casinos bonuses involve doing some online research. However, you do not have to go so deep in some cases because you can find the best bonuses on the first page of a search engine result page. Casinos will often include the bonuses they offer in their titles or meta descriptions. Searching for “casino bonuses” on your favourite search engine should yield a lot of great results and you can click on the links and get the bonuses immediately.
https://www.pexels.com/photo/playing-cards-1831110/5. Always make sure you understand all the wagering requirements for casino bonuses
This issue simply cannot be overemphasised.
Casinos are obliged by law to ensure that the terms and conditions are transparent and fair to the player, but if the player has managed to find loopholes in these terms and conditions, so will the casinos.
So always make sure you fully understand what the casino’s terms and conditions really mean. That’s your security when playing any casino games with bonuses.
What are no deposit bonus codes in Canada?
No deposit bonus codes are special codes that you can use to claim a no deposit casino bonus. For example, a casino offering a C$10 no deposit bonus might give you a code such as 10FREE. You would then need to enter this code when signing up or making your deposit to claim the bonus.
15. Is 40x wagering hight?
A wagering requirement of 40x is not too uncommon. It can be described as an ordinary wagering requirement, but, one on the higher side.
Anatomy of a Bonus Abuse
There are four popular types of Bonus Abuse that fraudsters use:
- Collecting signup bonuses: in order to cash out their promotional offers without actually playing
- Collusive play: fraudsters can control multiple players in order to defraud unsuspecting legitimate users
- Chip dumping: similar to the above, when a poker player intentionally “loses” their chips to another player in order to affect the outcome of a hand
- Arbitrage: placing bets simultaneously to increase the winning odds on betting platforms. Often referred to as an “arb” and performed by “arbers”.
The entire process begins at signup. One person (or a group of fraudsters) will create as many new accounts as possible, known as “gnoming”.
They use fake names, disposable emails, and sometimes fake or stolen credit card details. Once they’re in the system with multiple accounts, they can begin their attacks.
These are just a few of the known examples. Based on all the types of bonuses listed above, and despite iGaming operators’ best attempts to impede them, there’s no shortage of options for resourceful fraudsters.
Bonuses are a ‘goodwill’ gesture
All this might seem like a lot of fine print to keep you from your cash. It is important to remember that casinos consider bonuses to be a ‘goodwill’ gesture and players are not supposed to profit from them. In fact, casinos will often come down hard on customers they suspect of exploiting bonuses for advantage play.
Time Limits
Most casino offers are only valid for a certain amount of time, so when claiming rewards you’ll need to use them up within the stated period. Time limits also apply to wagering requirements — if you don’t wager enough within the time period, you’ll forfeit any winnings from your bonus and won’t be able to withdraw them.
Fulfilling wagering requirements is already costly and time-consuming, but time limits make the process more challenging still. Nevertheless, many online casinos give players a good amount of time — such as 30 days — to play through the bonus at their own speed.
Craps
We have another classic game for you. This allows players to place bets on possible outcomes of two rolled dice. Although Craps isn't as popular as Roulette and Blackjack, you can still find them at the top casino platforms.
E-wallets
E-wallets are becoming more and more popular in the electronic age. Basically, they are a type of electronic card for making transactions online. Allowing for direct payments from an individual’s bank account to make payments. One of the most popular e-wallet’s is PayPal.
What is the difference between a no deposit bonus and a welcome bonus?
A welcome bonus is a type of deposit bonus you can claim when you make your first deposit at an online casino. On the other hand, a no deposit bonus is a free bonus that you can use to play casino games without making a deposit. No deposit bonuses usually have higher wagering requirements than welcome bonuses.
Exclusive Bonuses
No deposit bonus
No deposit bonus
Higher % + Higher $
No deposit bonus
Higher Bonus Match
Higher Bonus Match
Higher Bonus Amount
No deposit bonus
Quick Withdrawals
You will hopefully find that withdrawing your winnings is a simple process. Withdrawals are made easy at all the top casino sites. You should consider all withdrawal options as there are fees and long processing times.
E-wallets, like Skrill and Neteller, offer the fastest withdrawal times and can process requests in as little as 48 hours. Bank transfers and cheques offer the fastest processing times.
When you deal with the best casinos, you can expect to have many safe, secure, and quick withdrawal options.
Free Play Bonus Vs. Cash Bonus
Cash bonuses are given in cash, meaning that they are directly added to your main account balance. On the other hand, free play bonuses are separate from the main balance and need to be wagered to become cash.
Additionally, with cash bonuses, you get the winnings plus the stake if you were to wager the bonus, while with free plays, the winnings are not inclusive of the staked bonus.
E.g., if you bet a $50 free play bonus at odds of +100, you only get the winnings, $50, instead of the usual $100 that a normal bet would have returned.
It’s obvious that cash bonuses are superior, but sportsbooks are aware of this, and that’s why they prefer to go for free play bonuses instead.
Does wagering mean the same for bingo or sports betting?
In general, a wagering requirement means the same thing for bingo and sports betting bonuses as casino. You have to bet the bonus a certain number of times before it is considered real money.
However, make sure to check the terms and conditions as there may be some differences. For example, bingo bonuses can usually only be used on bingo games. Sports bonuses can only be used to place bets on sports. You need to make sure you are adhering to the terms and conditions of every bonus you use. So make sure to always read the terms before playing.
Casino Welcome Bonuses
Fairly obvious from the name, these are bonuses which are offered by online casinos to encourage new customers to sign up. You may be required to provide information such as payment details, a valid email address and your mobile phone number in order to get the bonus. These welcome bonuses often include what are called free spins no deposit deals . You get to play without having to part ways with your cash at first, but check the wagering requirements and how long the bonus is valid for.
100% Casino Bonuses in the UK
100% deposit bonus is the most common casino bonuses in the UK for new players. They are straightforward and easy to get with fair wager requirements. Usually, a casino invites you to claim a match bonus equal to whatever amount you top up. For instance, you top up £100; you get an extra £100 match bonus.
You deposit £200, you receive an extra £200. Now you’ll have £400 you can use to play slots and table games at your convenience.
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Match deposit bonus
Match deposit bonuses, sometimes referred to as first deposit casino bonuses, are the bread and butter of online casino promotions. They are a casino’s pledge to match a real money deposit with bonus funds, up to a certain amount.
Why do Casinos Exclude These Payment Methods from Casino Bonuses?
- High FeesNeteller and Skrill have fees that range between 2% and 5%, depending on your deposit amount. That’s significantly high compared to some alternative payment methods. But how does that concern the online casino?
Some operators help players cover deposit fees. However, they find it expensive to cover these fees and also provide a casino bonus on top. That’s why many of them make the tough choice of exempting Skrill and Neteller customers from bonuses
- Bonus AbuseNeteller, Skrill, and sometimes PayPal are regularly misused by players who love to take advantage of casinos and abuse-free spins offers. For example, a player could deposit money, claim a bonus, and later ask for a chargeback once he/she lost the money.
Worse, players can abuse casino bonuses and withdraw their money fast thanks to Skrill and Neteller’s fast cash out options. By the time the casino knows what hit them, it’s usually too late. For these reasons, casinos have a disdain for Skrill and Neteller.
- Prevent Money LaunderingSkrill and Neteller are regularly accused of failing to help prevent money laundering. And many fraudsters use casino bonuses to launder their cash. To void getting into legal troubles, casinos solve the problem by denying Neteller and Skrill’s customers any bonus amount.
Crucially, it’s essential to note that not all casinos exempt these banking options. You can conveniently find Neteller and Skrill casinos online. However, many best-rated operators won’t give your bonuses if you deposit money using either option.
500% Casino Bonuses in the UK
A 500% bonus is essentially a VIP casino bonus. No business gives people five times what they spend as a bonus unless they are Very Important People. The best casinos, though, break up this gigantic package into three or four deposit bonuses.
And there are good reasons for it.
If you claim an entire 500% bonus at once, one problem arises. You have to use it before its validity period expires. So, if you claim £3000 and must spend it within 30 days, you would have to wager £10000 daily.
In contrast, a great casino could make things easy for you:
- 200% on first deposit up to £1500
- 100% on second deposit up to £1000
- 200% on third deposit up to £500
Now instead of spending £600 to receive £3000 at once, you grab £1500 first. If you like it, you can go ahead and claim the second and third top-up offers.
If you’re looking for making a small deposit and get more playtime, you might want to check out our deposit 10 play with 50 guide!
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