An online casino bonus is one of the most powerful tools in a casino’s marketing arsenal. On the one hand, casinos use promotions to attract new players to register and retain existing players. Conversely, punters get free perks from the house to use on games and improve their chances of winning. On the surface, these offers have no downsides and represent a win-win for both parties.
However, most inexperienced players often don’t understand the underlying terms and conditions of these offers. Since online casinos operate as businesses first and foremost, it makes no sense to give away free cash and perks without getting something in return. Consequently, players have to go through several requirements before they are eligible to withdraw winnings made with the bonuses. If you’re new to online gambling, we invite you to join us in the guide below. We’ll cover everything you should keep in mind about these casino promotions and how to use them to your advantage.
Online Casino Bonus: What Types Of Bonuses Are There?
The global online gambling market is highly competitive. Therefore, each casino site needs to find a way to capture the attention of its target audience and get them to join/stay. When it comes to the overall strategies operators use for this purpose, online casino bonuses are the fairest and advantageous for both parties. Therefore, the most common bonuses you’ll encounter in your search include:
- Welcome offers
- No deposit bonuses
- Deposit promotions
- Loyalty offers
- Free spins.
This type of casino promotion is usually the first one players come in contact with when they join a new operator. As far as free credit goes, casinos offer these bonuses to players after they successfully sign up with them. Additionally, there’s usually a deposit requirement for qualifying for these offers, though not always. Consequently, these promotions give punters the chance to explore the site’s numerous amenities before they commit to playing there full-time.
When it comes to the different modalities of the typical welcome offer, they include various options. Some of the most famous examples are free slot rolls, free play money, or a combination of the two. The choice of what the casino will offer is entirely up to the owner, and the team makes this decision based on the currently popular games. Some operators even offer continuous bonuses for the first week upon sign-up, but this is rare.
No Deposit Bonuses
This promotion’s name implies what this online casino bonus is all about, but this fact often confuses most new players. No deposit offers are sought-after but sometimes tricky to find. Essentially, these bonuses give free credit to players for meeting specific requirements successfully. Note that these offers often come with quite steep criteria and symbolic values, you can still use them to your advantage.
In other words, having additional credit is always welcome, no matter the circumstances. Typically, most operators offer these promotions by conditioning players to match a specific betting amount. If the player doesn’t match this amount, they don’t qualify for the bonus. For instance, it’s common to see casinos requiring that a player bets a total of $100 on a single game before they can claim a $10 no deposit offer.
Another example would be requiring players to win a present number of games continuously to become eligible for the offer. You’ll find that the qualifications vary from one operator to the next, but the goal is always the same. Every casino aims for players to spend their existing bankroll (or time) with them to earn the bonus. Numerous venues offer no deposit promotions to new players, so extensive research is your best friend.
It’s challenging to find a more prevalent option than deposit bonuses when it comes to the most widespread type of online casino bonus. Players can earn these offers by depositing specific amounts to their casino accounts. The deposited amount usually determines the bonus amount. The typical bonus covers a wide range between 50% and 100% of players’ deposits.
When looking to benefit from this promotion, you should take the time to check the casino’s terms and conditions. Look out for information regarding wagering requirements and the minimum deposit if you want to avoid issues when retrieving your rewards.
When it comes to the best way for casinos to retain players, loyalty promotions are at the top of the list. This type of online casino bonus involves offering more enjoyable and substantial perks to motivate players to stay with an online operator. The logic is that the longer you stay with an online casino, the higher your chances of joining the site’s VIP or loyalty club.
When looking at the different ways to enjoy your favorite casino games more, taking advantage of a casino’s loyalty bonuses is vital. Simultaneously, these offers could also prove a worthy ally when Lady Luck leaves your side. Numerous operators make it easier to redeem these requirements according to a punter’s duration with the site. In other words, such operators value frequent and loyal players over higher depositing ones.
Complimentary spins are just as common as deposit bonuses and represent one of the most popular forms of casino promotions. Free spins provide players with more credits they can use on their favorite slot machines. These perks are typically available in batches, with the lowest amounts involving around ten spins. Besides being easy to earn, these spins also net punters free money. Additionally, most promotional packages include free spins by default, attracting players to slot machines even more.
While the previously mentioned types of online casino bonus are the most common, they’re not the only ones. You’ll also encounter numerous other offers, but these are much less common. Overall, it is crucial to always read an offer’s terms and conditions before claiming any casino offer. Good luck!