Nowadays, players are able to find hundreds of popular online casino websites where they can try their luck to win valuable cash rewards. In order to attract new players and grow their user base, these casinos introduce a wide variety of bonuses.
Those of you who enjoy playing at online casinos are probably familiar with the different bonuses that are designed to encourage you to become a regular. So how do you choose the right casino among all these bonuses? Here is a look at some of the most common types of casino bonuses, as well as what they offer.
Welcome Bonuses
Online casinos offer welcome bonuses as luxuries to entice you to play the slots that they have to offer. On the online gambling site, there are thousands of games that all have a deal attached to them. Yes, that’s right, the welcome bonus is meant to attract players to a casino site in order to get them to play.
Welcome bonuses are typically presented as a percentage and a maximum amount. They indicate how much you are likely to earn. Using a site that offers a 200% bonus up to $300, you are able to place any bet between the minimum and the maximum and get a boost. With a maximum deposit of $300, you will receive $900 to begin playing with. The massive 200% bonus is absolutely wonderful, and you should take advantage of it whenever possible. SlotoCash Casino for instance offers a $7777 + 300 free spins welcome bonus to its users.
The best part of the signup bonus is that it is often the best deal you will get from the casino. While all online casinos will offer many other bonuses to their existing customers, as you will see from the examples below, the welcome bonus remains the best bang for your buck. If you want to receive the maximum amount possible, the welcome bonus is your best bet. For this reason, we recommend depositing as much as you feel comfortable on your first deposit, this way you start your casino journey with the largest possible bankroll. And this is yet another reason you should choose your online casino wisely – always play at reputable casinos only.
No Deposit Bonuses
Players can take advantage of no deposit bonuses to try out a new casino without risking any money. The name implies that there is no deposit required, nor a credit card number. All that is required is to create an account and start playing for free. Las Vegas USA Casino and SlotoCash offer a variety of no deposit bonuses, with free spins as the most popular incentive.
In most cases, the bonus is capped at $150, and some restrictions apply. You might only be able to use it on slot machines and there would be a certain amount of “churn”. To make a total of $2,000 in bets, $100 in credit will have to be played through the machine twenty times. In addition, the maximum that can be cashed out is likely to be set. For example, if you win a $10,000 jackpot with your free bonus, the maximum cashout may only be $500.
You can see examples of the latest no deposit bonuses here, on our dedicated page. This type of casino bonus is so popular, we update that page daily with the freshest offers.
The casino must impose these restrictions to prevent bonus hunters from going to different casinos and simply cashing out their free credits.
Deposit Bonuses
When you make a real money deposit at a casino, you receive a deposit bonus, as its name implies. Basically, the bonus can only be unlocked when you deposit money into your account. You must read the bonus terms and conditions, which specify how the bonus will be allocated to you and the amount you must deposit, called wagering requirements. Deposit bonuses come in different forms; they are not all the same. To avoid misunderstandings, it is important to read the terms of the specific bonus before making your deposit.
Additionally, deposit bonuses are a common method of motivating new players to play at online casinos. These bonuses will give a multiple of the deposit once a player opens an account, similar to welcome bonuses. Deposits could be doubled, tripled, quadrupled, or even fivefold.
In general, up to 100% of a deposit bonus can be used on table games, such as blackjack, whereas up to 200%, or even more, can only be used on slot machines.
Reward Multipliers
To engage users and promote new slots, many online casinos offer special reward multipliers. Players can usually get higher winnings by using reward multipliers within a limited time period. You will be able to multiply your winnings if you play a slot while the reward multiplier is activated.
You can win up to 100 times your winnings by taking part in reward multipliers, which double or triple the amount you win! Make sure to play a few slots if you know a casino you visit offers the option of reward multipliers, as you might win more money than you normally would on that particular game.
Free Spin Bonuses
Some casinos offer free spins bonuses to both existing players and new players as promotional offers for newly launched slot machines. Bonuses of this kind provide you with a limited number of free spins that you can use to win real money without spending a cent.
Most casinos offer free spins, but some offer them in a unique way. The wagering requirements for most free spin bonuses are high, and the maximum payout is usually limited. You should try to use this bonus to reach the maximum cashout and to withdraw your winnings on time if you receive it.
Loyalty Bonuses
The casino will reward long-term members of their loyalty program with loyalty bonuses. While playing their favorite casino games, players can often earn these bonuses if they reach certain milestones.
There are many types of rewards players can receive, and they are usually determined by their actions. For example, the casino will award a player with something if he spends more than $10,000 or when he makes his 10,000th bet. Examples of loyalty bonuses include:
Loyalty points – Reward points that can be redeemed for wagering credits;
Level-up systems – casino players receive bonuses based on their level;
Missions or challenges – When a player completes a casino’s mission or challenge, they are rewarded with bonuses such as coins, tokens, free spins, and so on.
High Roller Bonuses/ Reward
High roller bonuses are offered by some casinos to players who are willing to make massive deposits. You will be recognized as a VIP by the casino if you make a larger deposit, which usually allows you to access all sorts of perks and special events, such as free slots tournaments with cash prizes sponsored by the casino. If you want to enter a casino as a high roller, you need to deposit at least $500. Before making a deposit, check the requirements.
Another thing one should consider before deciding to go for this type of bonus is whether the online casino is high roller friendly. Not all casinos are accommodating to players wanting to place large wagers, so check our high roller casinos recommendation section to see which online casinos welcome high limit gamblers.
Referral Bonuses
Referral bonuses are often offered to players who introduce new players to a particular casino. Therefore, every time you utilize your link to invite a new player who makes a deposit at the casino, you will receive a reward in the form of bonus money.
It is important to keep in mind that these bonuses are not common. Only a few casinos offer referral bonuses, despite the fact that it’s an effective way to attract new customers. However, many more online casinos are embracing it in this recent gambling boom era.
Conclusion
With all the bonuses you can expect when joining an online casino, you can see that there is something for everyone. While some online casinos offer generous welcome bonuses, others reward loyal players. Therefore, before signing up for an online casino, you should carefully examine their bonus program, because it can help increase your chances of leaving a winner! All online casinos do not have the same wagering requirements, and its important you check terms and conditions before forging ahead.