Casino Bonuses – What Are They And How Do They Work?
Online casinos use bonuses to give incentives to players. They are also an excellent way for a player to increase their bankroll. Here are the various types of bonuses available on different online casinos and how they work.
Welcome/Sign Up Bonus
It is the most popular online casino bonus. It is offered to a new player who signs up on the account. Most casinos offer 100% match to the first deposit up to a certain amount. Others can offer 50%. It all depends on the casino you choose.
It can be activated using a bonus code or from the email activation link. With some casinos, you need to contact the customer care to activate the signup bonus after the first deposit.
No Deposit Bonus
It is offered to new players. There is no deposit required as the name suggests. Here, you don’t need to deposit any other funds to activate the bonus. A new player can enjoy the games on the casino without depositing their own money.
However, to protect themselves from abuse, most online casinos have high wagering requirements in place for the bonus. In some cases, you need to deposit before you can withdraw any winnings from this type of bonus.
You can activate this type of bonus by reloading your account. Depending on the casino, they can be offered monthly or weekly. In most cases, you will receive an email or text with the bonus code since most casinos don’t advertise these bonuses frequently.
Payment Method Bonus
It is available to those players who use the preferred payment method to make their deposits or withdrawals from the casino. In some cases, when a casino adds a new payment method, they might offer this bonus to make players interested.
High Roller Bonus
It is offered to players who deposit more substantial amounts. Most casinos don’t promote this bonus, but once you make the large deposit, you will be contacted by the casino customer care team to activate the bonus. It’s an incentive for players to make large deposits into their online casino account.
If you refer someone to the casino, you can get a bonus. However, you need to check the terms and conditions to find out whether or not these bonuses are still available because most casinos don’t offer them anymore.
It’s a bonus that can only be used for slot games. With the free spin bonus, you can enjoy cash prizes, gifts or extra spins depending on the casino you choose. Always check the wagering requirements to activate free spins or use them.
How Do Online Casino Bonuses Work?
Different casinos award their players bonuses in varying ways. Here’s what you need to know.
Play Only Bonus
Here, the bonus is stored in a separate account and can only be used to place a wager. You can’t withdraw the bonus money. You are allowed to withdraw the winnings if you meet the requirements set in place by the casino. Of course, you need to wager a specific amount before withdrawing.
Here, you can receive the bonus after depositing money into your account. Of course, to withdraw the bonus money, you need to clear it first. With most online casinos, you need to wager at least 20 to 50 times before you can withdraw the amount.
Free Play Bonus
It’s similar to the no deposit bonus where the casino gives you free money in your account. You need to make at least 50 wages or more before you are allowed to withdraw the bonus. With some casinos, you can only withdraw after you make a deposit.
Other Things To Note
When using online casino bonuses, there are a few things you need to note. These include the following.
- Time Requirements – If you don’t clear the bonuses within the specific period, the bonus will expire, and you will lose the money. Before you activate the bonus, you need to check the time requirements.
- Specific Games – Some bonuses can only be used on particular games. Therefore, before using any bonus you need to know which games you are limited to.
As a rule of thumb, it’s always a good idea to read the terms and conditions before activating a bonus.