Different Types of Online Casino Bonuses
With the popularity of online casinos, many casino websites always try to look for ways to attract new members. They do that by introducing different types of bonuses that players can claim. If you are fond of online casinos, I’m sure you have come across some of these bonuses. But which one is the best? How do you choose the best online casino bonus? I will take you through the different types of bonuses you can find in online casinos and tips for picking the best.
- Welcome Bonus
Almost every online casino provides a welcome bonus for their new players. The most common type of welcome bonus for online casinos is matching your first deposit. This means you get double the amount once you deposit money.
- Deposit Bonus
Deposit bonuses entice new players to join a certain casino. It works like the welcome bonus where you can get up to five times more money of the amount you deposited. The deposit bonus can be up to 100% on table games like blackjack and up to 200% for slot machines.
- No Deposit Bonus
This is casino bonus players enjoy without depositing money. Once you activate your account, you can start playing your favorite games for free. No deposit bonuses can either be free spins or free bonus money. This type of bonus carries a higher wagering requirement compared to normal casino bonuses.
- Referral Bonus
If you refer other people to a casino, they reward you with bonus money for every new player you introduce with your link. Not all casinos provide this bonus but it is a good way of helping them get more customers.
- Free Spin Bonus
These are free spins on slot machines provided by online casinos. The bonus comes with other promotions like a deposit bonus or welcome bonus. You can use the free spins that work on specific games and win real money without risking your money.
- Loyalty Bonus
Casinos provide loyalty bonuses to long-term customers through the loyalty program. Becoming a member of an online casino gives you bonus points in spins or free money. Many casinos provide loyalty bonuses in form of points, level-up systems, and challenges.
- Cashback Bonus
You can either win or lose when playing in an online casino. Online casinos provide cashback bonuses to cover your losses. The cashback bonuses can be given daily, weekly, or monthly depending on the casino. While they don’t cover all your losses, you can get between 20-30% of the losses you incurred.
Selecting the Best Casino Bonus
With all the bonuses available in many online casinos, it can be tough to choose which type of bonus to claim. I will guide you through some essential tips that will help you pick the best online casino bonuses.
- Check bonus amount
If you don’t know which type of bonus to claim, you can always start by checking the bonus amount. You can even use a bonus calculator to help you know the total bonus amount.
- Terms and conditions
Every bonus carries terms and conditions you should know before claiming it. Some of the bonus terms include the withdrawal limits, the number of times you should play before collecting the bonus, and promotion restrictions among others.
- Wagering requirements
Of course, casino bonuses come with wagering requirements that players should meet before withdrawing the bonus money. The wagering requirements vary from one casino to the other. Casinos that provide wagering requirements above x40 can be hard to fulfil the requirement.
- Expiry date
You should also take note of the time the bonus will run since they have expiry dates. For instance, if you open an account you will be given a specific amount of time you should collect your bonus or it will run out. You need to meet the wagering requirement within the given time limit.
- Selection of games
When wagering your bonus amount, the requirements can vary depending on the game. Be sure to check the type of games that you can play with the bonus. Casinos provide different bonuses for slots, roulette, and other games. Make sure the bonus you choose benefits you.
- Know how to avail the bonus
In some cases, some casinos might require you to enter a particular bonus code to qualify for the bonus. Know all these things before you claim a bonus.
Casino Bonuses Verdict
There are a lot of bonuses you can expect after joining an online casino and they are available for both new and existing players. Always check the bonuses you can claim to increase your chances of winning more money. You should also consider the wagering requirements and the terms and conditions that come with the bonus before you claim.