Players who want to learn more about casino bonuses can utilize The Player’s Guide to Casino Bonuses as a resource.
For this reason, bonuses are vital to any aspiring or existing online casino’s marketing plan. The prospect of receiving more value for their money, whether in the form of a welcome bonus, loyalty programs, cashback offers, or free spins, might tempt new players more than anything else.
Both the casino and the new player profit from casino incentives. The newcomers are immediately rewarded for devotion when the casino brings in new patrons. On the other hand, before you can fully enjoy a further bonus, you must adhere to its specific rules and requirements. Each unique player should therefore familiarise himself with the various bonuses offered and the requirements for withdrawing any potential winnings.
What kinds of wagering conditions must be met? Is the bonus a one-time offer? Exists a maximum wager? Does the premium applicable to a particular set of games? Is the bonus sticky or not sticky? If you don’t have the answers before making a deposit, you risk receiving a prize that inhibits rather than promotes your development.
Types of bonuses
As previously mentioned, several other types of bonuses exist, and most casinos offer at least one. In the following area, we’ll examine the most well-liked perks that online casinos provide.
The payment of a deposit is not necessary.
No deposit bonuses can be played immediately after signing up for an account at the casino without having to deposit any money. They typically come with money or bonus spins.
Sign up for free money.
Some websites provide free, no-deposit cash rewards. In such cases, being a player automatically qualifies you for the “free money.” However, the conditions for turning such bonuses into money you can withdraw are typically quite strict.
The renowned “$88 Free” offered by 888Casino in some jurisdictions is a classic example of a no-deposit sign-up bonus. Although you are given $88 in free play, you can only convert your free play earnings to actual cash if you win one of the site’s progressive jackpots (which is extremely rare).
Furthermore, the $88 in free play money must be wagered 50 times (for a total of $4,400 in wagers) before you can get your hands on it – and that’s if you’re only playing slots. If craps are your choice, you’ll need to wager a whopping $88,000 before converting any wins, as only 5% of craps earnings count toward the wagering requirements.
Most bonuses have a time limit, such as “all wagering requirements must be satisfied within 90 days of claiming the bonus.” It is also very uncommon for players who choose the no deposit incentive to do so at the expense of other, potentially more lucrative welcome bonuses.
Free spins with no deposit
No deposit free spins bonuses usually consist of a modest number of free spins to be played at the minimum bet value on a specific slot (or a small selection of places). You may withdraw any earnings from no deposit free spins without restrictions on sites like Leo Vegas. On the other hand, many no-deposit free spins demand you to bet multiple winnings before the money is truly yours. In addition, many sites that provide no-deposit free spins will limit the number of winnings you can convert to real money. You’ll notice that the casinos with the freest spins also have the most restrictions.
Cashback
The most popular perks are cashback bonuses. Cashback incentives compensate players with cash reimbursements equivalent to a proportion of any losses they may have experienced over a set period. These bonuses are top-rated because they do not involve any wagering.
Cashback is typically paid as a percentage of a player’s net deposit losses, ranging from 10% to 20%. Some casinos only offer cashback on a player’s first deposit, others provide frequent, intermittent cashback promos, and others offer weekly cashback programs.
While general cashback programs are available to all players, many casinos also have loyalty or VIP schemes that reward high-volume players, which frequently include bigger cashback and discretionary bonuses.
An excellent example of a cashback bonus may be found at No Bonus Casino, which offers a constant 10% payback on all lost deposits, given daily. They can refund 10% of all players’ losing deposits as long as they play at the casino because they do not provide any additional promotions.
Bonuses on deposits
When considering joining a new casino, a new player would usually seek welcome deposit incentives first. This will almost always be the site’s most valuable extra.
Although rates vary, the most frequent initial deposit incentive is a 100 percent match on a player’s first deposit. While still qualified for the bonus, the full warranty you may make varies greatly depending on the casino and jurisdiction.
In addition to the initial deposit bonus, many casinos provide deposit bonuses for the second and third deposits, albeit these are usually limited to a 50% rather than a 100% match. Many casinos reward loyal players with discretionary reload bonuses from time to time, commonly known as reload bonuses.
Although most casinos offer a 100 percent or less initial deposit bonus, specific offer 500 percent or even 750 percent first deposit bonuses, big deposit bonuses like these are usually sticky, meaning both the deposit and the deposit bonus must meet the wagering requirement. However, the larger the prize, the higher the wagering requirements are likely to be. Deposit bonuses have a time limit that begins when the money is deposited, so keep track of it.
Spins for free
Free spins and a deposit match bonus are frequently included in welcome packages. Free spins with such offers are usually granted at, or close to, the minimum bet size, like no deposit free spins. Although some casinos do not impose a wagering requirement on any winnings from free spins, most of them do. However, the wagering requirement is usually much smaller than deposit bonuses, ranging between 1x and 10x the value of the winnings.
