Online casino gaming has taken entertainment to a whole new level. The idea of winning real money while playing your favorite games from the comfort of your home, and even on the go makes online gaming truly exciting. For someone switching from land-based to online gaming, the online casino bonuses can be overwhelmingly tempting. As a smart gambler, it’s a good idea to know how the incentives work.
There are so many online casinos, and approved igcouncil sites competing for the players, something that has led gambling operators to designed different online casino incentives to attract and retain their players.
So how do online casino bonuses really work? Well, this often varies depending on the terms of the brand. To help you understand more on this subject, we will cover the various bonus options you’ll probably come across at online gambling sites. Read on to find out.
Type of online casino bonuses
A welcome bonus, also known as a sign-up bonus, is hands down the most popular option with online casinos right now. It’s designed for new members that join a casino. You will need to make a deposit to claim your bonuses, which are often available as match bonuses.
With match bonuses, you’ll receive a certain percent of your deposit up to a specified amount. For example, if a casino offers a 100% sign up bonus (up to $300), then it means you will have an additional $300 when you deposit $300. So, you will have a total of $600 in your account.
Some casinos will spread the bonuses over several deposits, especially up to 5 deposits. The percentage of match bonuses can be anywhere from 25% to 500%. Most online casinos often range between 50% and 200%, with 100% being the major spot.
Before getting excited about the generous welcome offer, it’s best to check out the wagering and cash out requirements attached to the bonuses. Also, you should keep in mind that sign up bonuses may have certain restrictions in regards to the types of games you can use the free money to play.
No Deposit Bonuses
You don’t have to load your account to claim these bonuses. All you’re supposed to do is create an account with the casino and you’ll be given the free cash to get a feel of the games before committing with your own cash. There’s absolutely no risk trying out the casino’s features.
The bonuses can’t be withdrawn until you meet the set wagering requirements, which tend to be higher when compared to other types of bonuses. You’ll also have a little more limited time to utilize your bonus. However, it’s not impossible to walk away with good winnings without spending extra money.
Most online casinos usually offer No Deposit Bonuses of around $10. The more the bonus, the more difficult it would likely be to meet the withdrawal conditions.
The offer can be developed by the casino or the software provider. Some casinos may make free spins part of the welcome package. What’s great, you can win real massive amounts of money using free spins.
Well, the terms such as welcome spins, bonus spins, cash spins, and extra spins can be used interchangeably with the term free spins.
Monthly Deposit Bonus
Some gambling sites have advanced bonus features, allowing their players to receive bonuses at the end of every month depending on their level of gambling activities. If you’re an active player, then you can reap big bonuses from this promotion.
The incentives are pretty much similar to welcome bonuses, as they are awarded at a certain percentage. Nevertheless, they are generally not as high as welcome bonuses.
Loyalty Program Bonuses
Gamblers may be rewarded for being loyal to a casino. The bonuses and benefits they receive, however, will vary greatly depending on their status level. Levels are, in most cases, determined by how much and how regular you play at the site. If you play more, you’ll earn more status points and be promoted to higher ranks.
While you may be eligible for bonuses at the lowest level, you’ll want to unlock the higher status levels because they usually come with fantastic and VIP promotions. A player may be allowed to redeem their loyalty points for casino credits once they hit a certain level.
You’ll be enrolled in the casino’s loyalty program immediately after you’ve created a player’s account and started playing.
Refer Friend Bonuses
The refer a friend bonus type is becoming popular in the online gambling industry. Qualifying for the bonus is pretty simple. A registered player sends a link to a friend to join the casino. If the friend creates an account with the casino through your link and meets the first deposit requirements, a certain amount of money will be credited to your playing account. You may get free spins, depending on the terms and conditions of the casino.
Instead of sending a link, you may be given a referral code that your friend will need to provide during registration for you to get the bonuses.
Payment Method Bonuses
When it comes to online banking methods, players are spoiled for choice. Nevertheless, some casinos prefer certain payment methods and will offer the payment method bonus as a way of encouraging their players to stick to certain depositing methods.
The bonuses are a percentage of your total deposit amount. This can be automatically added to your deposit or within a certain period. Generally, you can get up 20% as a bonus.
Let’s assume the operator is offering a preferred deposit bonus of up to $4,000. In this case, to claim the $4,000 in full at a 20% bonus percentage, you’ll need to deposit $20,000.
Higher Roller Casino Bonuses
This type of online casino bonus is rolled out to those who love gambling big and making large deposits. High rollers expect some kind of red carpet treatment and casino sites are matching to these expectations by offering massive bonuses for their deposits and high stakes.
Not all internet gambling platforms offer high roller bonuses. Most of them keep things simple with one-size-fit-all welcome bonuses. Some will have a regular welcome bonus alongside high roller bonuses.
The bonuses awarded to high rollers can be over $1,000. If a site offers a 50% deposit bonus, for example, depositing $3,000 would mean you receive an extra $1,500.
In addition to these bonuses, the players can also receive tickets to holidays, sports events, and Sweepstake with life-changing prizes.
As a gambler, receiving a surprise bonus can really spice up things on your special day. Imagine using free spins or coupon code and striking gold. What a perfect birthday present!
Unfortunately, the birthday bonuses are no longer popular as before. But there are still plenty of operators who will show their signs of appreciation on players’ birthdays.
Game Release Bonuses
When a new title is introduced into the gaming marketing, software developers, together with casino operators, design bonus packages to encourage the players to check out the release, this allows gamblers to familiarize themselves with the game before they can start playing using their money.
The offer can last for several hours, a day, week, or even a month. Some casinos may require that you deposit some money to your account before they can give you free credits, spin bonuses, etc. Others will sell chances at a highly discounted price.
Sticky bonuses exist in modern online casinos. They are generous amounts given out strictly for play purposes. The bonus can’t be converted into cash. It only helps you to achieve more wins. And when you meet the wagering requirements, the casino will take back its bonus. You can only cash out the winnings once the casino has taken its initial offer amount.
Online casino bonuses such as these and the above are incredibly alluring. You can take advantage of the offers presented to you to play games and win real money even without risking your own. If you’re new to playing, the bonuses can also help you to try out the different online casinos and see what it has to offer.
However, it’s generally recommended always to remember going through the terms and conditions of the bonus offer carefully. If there’s something you don’t understand, get in touch with the customer support team of the casino through live chat, phone, or email.
A large bonus amount isn’t always the best bonus to grab. The best casino bonuses will have friendly wagering requirements and a reasonable validity period. Imagine receiving $1,500 as a bonus, but you have just a day to turn the amount 40 times. That certainly won’t be enough. You also need to check
There you have it and happy online casino gaming!