Online Casino Bonuses Explained
Most online casinos will offer bonuses to both new and existing players. These bonuses are used to create interest and capture the attention of players who are looking for a new online casino to join and they are used as a way to continue to reward returning players. When you are looking for the right online casino for you to join, you want to be sure you take the bonuses into consideration, as they can make up a large part of the extra benefits you get to enjoy when you log in to play online casino games. Here is a breakdown on the major bonus types and information on how they work:
No Deposit Bonus
A no deposit bonus is a bonus offered to new players before they make a deposit. The casinos use these bonuses as marketing tools in order to get you to try out some of their games. The casinos will put safeguards in place to ensure players don’t just take the money and run. You can consider them as a free trial and if you see what you like then you may decide to deposit money into your account and continue playing there on a regular basis, this is what the casino is hoping for as well. Plus, you can win real money at the casino without any risk involved which is always a good thing.
One of the types of no deposit bonuses you can find on the online casinos is a cash bonus. These generally range in size going from $5.00 to around $100, but the amount varies from casino to casino. Once you have registered for a new player account at the casino they will be added to your account. On most casinos you will need to wager the bonus a fair amount of times before you will be allowed to cashout. You will find that there are usually restrictions on which of the games you will be able to play using this bonus.
Another type of no deposit bonus comes in the form of a freeplay bonus and these are generally much larger than the other type of no deposit bonus. It is quite common to see them as large as $1,500. How they work is once you register for your new player account you are given a certain amount of freeplay credits to play with and an hour to play as much as you can. Once your time is up you get to keep the money you won up to a certain amount. Once again, there will be wagering requirements you will need to meet before you will be able to cashout.
A welcome bonus is one of the most common new player bonuses you will be offered as a new player. This bonus will require you to make a deposit into your account. However, when you make your deposit the amount of the deposit will be matched by a certain percent up to a specific amount. One example of this would be a 100% welcome bonus good for $500. This means if you deposit $500 into your account then you will receive a $500 bonus in your account. You will need to meet wagering requirements before you will be allowed to cashout. These bonuses can vary in size by a lot with some of them being worth $100 and some going into the thousands.
A welcome package works much like a welcome bonus, but you will be able to earn the bonus on several of your first deposits into your new player account at the online casino. Sometimes the bonus will be the same for your first so many deposits and other times it can be good for different amounts depending on whether that deposit is your first, second, etc. This means some casinos give you a 100% bonus of up to $100 on your first three deposits and others may offer you a 100% good for up to $500 on your first deposit and a 50% bonus on your second and third which is good for up to $250, etc. These types of bonuses will of course also have wagering requirements that will need to be met before you can withdrawal as well.
Deposit Method Bonus
A deposit method bonus is sometimes offered when you make your deposit using a certain deposit method. These bonuses are used to persuade you to choose a specific method to make your transaction and can also help you to get a little extra in your account to play with. An example would be a 15% bonus that is good for up to $100 when you make your deposit using XXX method. These are especially great if you are already familiar with that payment method. If you aren’t, you can research the method and make sure it will work for your needs. If you choose to use it then you can get the bonus.
Once you start playing at an online casino they want to do what they can to keep you. One of the things they do to persuade you to continue depositing is to offer you reload bonuses. Just as with the other bonuses they will be good for specific amounts and require you to clear them before withdrawing. They can also range in size depending on where you play. Each casino will offer these bonuses differently with some of them offering them on a constant basis and some offering them at certain times of for specific re-deposits.
The reload bonuses work much like the welcome bonuses do, as they are good for a certain percentage of your deposit up to a predetermined amount of money. May players who plan on spending a good amount of time playing online casino games learn to pay attention to these bonuses since they will continue to offer them bonuses on an ongoing basis which will ensure they continue to get extra money they can put toward playing even more games.
Most of the online casinos will also offer refer-a-friend bonuses that give you an added incentive to tell others about the casino. Word of mouth advertising is very helpful and the casinos want to make sure you tell others about them. The referral bonuses are generally between $25 and $50 and most of the casinos allow you to earn them on a continuous basis. This means, the more players you can get to play at the casino, the more money you can get!
In order for you to be eligible for this bonus the person you refer to the casino will need to let the casino know you referred them. They will then need to meet certain requirements before you will receive the bonus. They may be required deposit a certain amount of money and be an active player for a specific amount of time. The best thing about this bonus is it requires very little on your part and you can usually get it over and over again. If you know a lot of people that you can convince to play, then you can see a nice sized amount of money from these bonuses.
High Roller Bonus
If you are a high roller then you will be glad to know many online casinos have bonuses just for players like you! There are high roller bonuses which allow you to get extra money when you make your deposit and since you will be making a larger deposit the bonus will accommodate you. These bonuses can be worth a good amount of money and some of the casinos will allow you to claim this bonus and still be eligible to claim the other welcome bonuses they offer as well.
Loyalty bonuses are bonuses offered to players who have been playing at the casino and these bonuses can be offered to valued regular players, high rollers, and even by invitation only. They can come in many different forms which can range from a monthly match to birthday match bonuses, and even freebies. These bonuses will generally be bundled in the casinos Loyalty Program or VIP Program. If you plan on being a regular player to the casino then you should be sure you read all of the information provided for their Loyalty or VIP Program so you know how they work. Some of them offer tiers which allow you to earn your way up to higher levels where the rewards get better and better.
When you decide to play at an online casino looking into the bonuses will help you get started and continue to offer you help while you play there. Bonuses do generally have wagering requirements that need to be met, but this shouldn’t be a problem since you plan on playing the games anyway. Always be sure you read the terms and conditions of any bonus you want to go after so you have a complete picture of what will be expected of you in order for you to clear that bonus.