There are a large variety of casino bonuses that are given to players by online casinos, in the hopes of enticing these players to sign up with them. The casino bonuses are quite tempting, and it doesn’t hurt to shop around at different online casinos to see which one will suit you best.
Before you sign up at any online casinos, though, you should read the terms and conditions of each bonus before accepting it.
Consider the following things first: the types of games you like to play, the reputation of the chosen casino, as well as the bonus restrictions. These are the most common bonuses.
1. Welcome Bonus
The welcome bonus is the most common type of casino bonus. It is a form of incentive for players who sign up with them and create an account. The welcome bonus will most likely have a different form depending on the online casino offering it. The welcome bonus is usually a matching bonus or a no-deposit bonus.
- A match bonus is when the casino matches part, or all of, the first deposit made. This will be explicitly stated in a percentage. For example, if a player deposits $100, and the casino offers a 100% matching bonus, the player will get $100 back. Match bonuses will have a max limit, and players will have to meet all wagering requirements before they can withdraw winnings.
- A no-deposit bonus is the second type of welcome bonus. When it comes to no-deposit bonuses, players can receive this without needing to pay in any kind of deposit first. This usually translates to the casino having a set number of free spins in slot games. It could also be bonus funds to use on card games. This allows players to get a feel for the casino’s games before investing real money into the site. No-deposit bonuses also come with betting requirements and winnings cannot be withdrawn before these are met.
2. Free Spins Bonus
A free spins bonus is one that provides players with a certain number of free spins, available only on a slot game or a set of slot games chosen. These spin bonuses are part of a welcome bonus, normally as part of a reload bonus. They are rarely given to players as a standalone promotion. Free spins bonuses, as with all bonuses, will come with wagering requirements, and players must meet them before withdrawing their winnings.
3. Reload Bonus
A reload bonus is a bonus that is only available to existing players after they have already made a deposit. Reload bonuses are typically smaller than welcome bonuses, but they can still provide players with extra funds to play with. Like welcome bonuses, reload bonuses can take different forms, such as a matching bonus or free spins.
4. Cashback Bonus
A cashback bonus is a bonus that rewards players for their losses. With a cashback bonus, players receive a percentage of their losses back. Usually in the form of bonus funds. For example, if a player loses $100 and the casino offers a 10% cashback bonus, the player will receive $10 in bonus funds. These encourage players to keep trying and to continue playing the game even if they are losing.
5. VIP Program
A VIP program is a loyalty program that rewards players for their continued play. VIP programs typically have different tiers, with each tier offering increasingly generous rewards.
Players can earn points by playing games at the casino, and the points turn into bonuses, cashback, and other rewards depending on the amount amassed. VIP programs will also come with additional perks. These can include things like a dedicated account manager or exclusive promotions. VIP players are usually also personally given invitations to attend special events.
6. Refer-A-Friend Bonus
A refer-a-friend bonus is a bonus that rewards players for getting their friends to play at the casino. When a player refers a friend, their friend must sign up for an account. They must also make a real-money deposit so that the player who referred them can receive the bonus. The refer-a-friend bonuses can take several different forms. It is usually given to players in the form of a matching bonus or as a free spins bonus.
7. High Roller Bonus
A high roller bonus is a bonus given to players who make larger than normal deposits at the casino. These higher-than-normal deposits are what give players the nickname of a ‘high roller’.
The high roller bonuses can take several different forms but are usually given as a matching bonus or as a cashback bonus. These bonuses are more significant than regular bonuses, and they often have higher wagering requirements attached. The bonuses reward players for their loyalty to the casino and are a way to encourage players to keep playing at the casino.
When choosing which casino bonuses you can take advantage of, there are several factors that you should consider.
The very first one is that you should always thoroughly read the stated terms and conditions of the bonus before accepting them. Terms and conditions allow you to see what you need to do before you can cash out any money won with the bonuses. Trusted sites like Lake Palace always clearly state the terms so that you know what you need to do to claim your rewards. If a site doesn’t clearly state the terms, it’s best avoided.
Another thing to check is that you properly understand the betting requirements and the maximum bonus amount given. It is prudent to see if other restrictions or limitations are applied to the bonus. You should also consider the game restrictions that may apply to the bonus you have chosen. Some bonuses are only available for certain games, or it may have different betting requirements. Such as a bonus that has a higher wagering minimum on table games compared to slot machine games.
All in all, picking a good welcome bonus comes down to your choosing your own playing style and preference for the casino games that are offered. Since many casino bonuses are better suited to slot machine players, while other bonuses are likely to be better suited to players who prefer table games, pick the ones you’ll enjoy the most.