Variety of Casino Bonus Types
In the past, land based casinos could only offer comps such as deluxe rooms and bonus chips to regular players and high rollers. In online casinos, bonuses are much different. There’s the welcome bonus on sign up. Regular players can enjoy a regular stream of casino bonuses. Free spins bonuses are popular as well. The reality is that there’s much more to enjoy rather than a bonus on your first deposit.
Below you can see details about the top bonus offers you’ll find in online casinos nowadays.
Welcome Bonus
Who wouldn’t like some kind of extra boost when they join an online casino? That’s exactly what this casino bonus offers. The welcome bonus is usually a package. In most cases, it contains a first deposit bonus and free spins. Of course, it can also be a no deposit bonus on sign up or something else. However, the majority of online casinos on our list follow the regular welcome bonus formula. It typically doubles your initial deposit and gives you a batch of bonus spins. For example, it can be a 100% match deposit bonus up to $100 with a side of 100 free spins. It’s a great online casino bonus to claim, but make sure to check the wagering requirements first. Luckily for you, the best online casino bonuses on this page have loose terms.
Free Spins
Some players would (hypothetically) offer a kingdom for a free spins bonus. Free spins have no monetary value, but you can win real money with them. Of course, you’ll need to have all the luck in the world when you spin slot games with ’em. Unlike match deposit bonuses, they may not require a deposit. With free spins, you’re not getting a bonus amount – you’re getting free games on qualifying online slots. Of course, if you get lucky, the online gambling site will pay the reward. It will most likely be capped, but still, free spins winnings can be withdrawn under the right conditions.
Deposit Bonus
Deposit bonuses are the most common type of bonus cash available in online casinos. How do these bonuses work? Well, it’s easy – you make a deposit, and you get a boost. If it’s a sign up bonus, you’re most likely looking at a 100% match bonus. If you’re already a regular, deposit bonus offers can cover 100% or more or less than that. Most online casinos will give you 50% boosts, but check them all out on our pages and see what they offer. Keep in mind that these bonuses may sometimes require bonus codes to unlock. And keep an eye on the max bonus bet – if you miss it under the T&Cs, the bonus funds contribute nothing.
No Deposit Bonus
Here’s the Holy Grail of online casino bonus offers. No deposit bonuses may come with or without wagering requirements. These bonus offers may be part of the welcome package or they might come here and there. Whatever the case, bonus wins from it can be converted to real money if you’re lucky enough to score some wins. Welcome bonuses may be no deposit offers, but they are typically smaller than a match bonus. Regardless, players love them. They give just the right amount of bonus money or free spins to try a casino out, wagering requirements or not.
Casino Reload Bonuses
Reloads are a special online casino bonus that is offered to players that have already made a deposit in the casino. They mostly offer only bonus funds, with no free spins or similar ‘attachments’. Compared to a welcome bonus, a reload covers a smaller amount. The maximum bonus is usually around 40% of the deposit. Think of it as a nice bit of a reward that’s just enough for you to keep playin’. Since it’s a reward for regulars, many confuse it with VIP rewards, but that’s something completely different.
Cashback Bonuses
You know how cashbacks work in real life, right? You buy something from a store that’s part of a special program and a portion of the money spent goes back to your cashback card. Cashback bonuses in online casinos work in a similar way, but you don’t need to buy anything – they cover a portion of your losses. As a casino player on the web, you’ll win some and lose some. No one likes losing, but it’s an integral part of the experience. If you’re a regular in some online casino, the site might decide to pay back some of your losses in the form of a regular cashback bonus. The bonus amount will probably be small – say, 10% of your weekly net losses. Most online casinos will go with that bonus cash for a cashback, which is still a great amount if you ask us. In most cases, these bonus offers come free of wagering requirements.
Loyalty Rewards (VIP Bonuses)
Stay around long enough with a casino or deposit and play regularly to win comp points and you’ll soon become a VIP member. VIPs in a casino are part of an elite group that’s got better benefits and bonuses. When you become part of the elite, you can expect the best casino bonus offers, higher withdrawal limits, faster withdrawals, and even a personal account manager. In the simplest terms, you can get more max cash funds which is fantastic. Of course, you should be a big spender to get an invitation to the private club. Or you just play regularly and collect those CP – when you accumulate enough, you’ll become a VIP.
Why Do Online Casinos Offer Bonuses to Players?
That’s the million-dollar question, right? Casino players in the past could only just play and hope for the best. Most casinos in Vegas would offer deluxe suits and extra chips to high rollers. Free drinks were common too. Online casinos pushed that envelope by reinventing how casino bonuses work.
In essence, they changed the rewards from simple comps to bonuses that put extra money in your ‘pocket’. By pocket, we mean bankroll. If you think about it, bonuses are the only thing they can offer. The best online casino bonus will give you plenty of extra funds that will keep you in the game for longer. That’s what every player is hoping for, and precisely why casinos give bonuses. Of course, they’re all preaching the gamble responsibly story while being loaded on bonus offers that allow you to play a bit riskier.
There are quite a few restrictions when using these bonuses such as the wagering contribution or max bet. CS apply to all of them, but they are still a nice boost and the only way casino bonus sites online can award new players or their regulars. If the terms are clearly stated and fair, no one can say no to a deposit or bonus or deposit free spins. Some casino bonuses are simply too good to pass up on, but keep an eye on the wagering requirements and what cs apply to check if everything looks legit.
Mobile Bonus Offers
Getting extra cash funds should be simple and easy enough on mobile devices too. What’s more, many casinos on the web have exclusive offers on mobile as a way to promote their app or mobile website. And there’s really no better way to promote it than giving players a unique bonus for using the app.
It can be anything from deposit free spins to a no deposit bonus. Just enough to keep you playing on the go. A bonus on your first deposit on mobile may also be available. These bonuses usually have the same wagering requirements as what the desktop website offers, so you shouldn’t worry about that. Each bonus offer will have its T&Cs which you must read before you take up on it. Keep in mind that the special promo offers on mobile apps and websites may restrict the bonus wins.
Playing on the go has become a huge hit with players all over the world, so it makes perfect sense that mobile apps are so hot right now. Combined with the efficiency of unique mobile promotions, the bonus credit you’re getting to play on the go should be more than enough to keep you in the hunt anytime and anywhere.
All the gaming sites that leave a great impression after checking these steps are on our list. It’s safe to say that they’ve passed our tests with flying colors, so all that’s left to do is get their bonuses and enjoy playing.
How to Calculate Online Casino Bonuses?
If you’re a fan of online gambling, it’s essential to understand the workings of online casino bonuses and how to determine their value. Firstly, check out the bonus amount and percentage match offered. For example, if you deposit $500 in a casino that provides a 100% match bonus up to $500, you’ll receive an additional $500 in bonus funds.
However, there are other factors to consider, such as the wagering requirements. Most bonuses come with these requirements, which entail placing bets of a particular amount to withdraw bonus winnings. Suppose you obtain a $100 bonus with a 30x wagering requirement. In that case, you’ll need to place bets totaling $3,000 before you can withdraw any earnings.
To get an idea of how much the bonus is worth, you should calculate its expected value. That means taking into account the bonus amount, wagering requirements, and the odds of winning. Make sure you read the terms and conditions carefully since not all casino games count towards the wagering requirements equally.
By understanding the bonus amount, match percentage, wagering requirements, and expected value, you can determine which bonuses are worth grabbing and how you can boost your chances of winning.
Casino Bonus Codes
When some players see a bonus code, they often skip the offer. Many don’t know how to use them and are afraid they’ll mess up. That’s a big misconception as there’s nothing to mess up – if you don’t enter the code right, the system will remind you of it.
Casino bonus codes allow the casino to prevent bonus misuse. With them, the casino essentially ensures the money goes to the right hands. They don’t affect the bonus terms in any way. You just enter the code that’s either available on the website or sent to you privately in an email and enter it when prompted. The bonus valid offer will then be unlocked and the extra money yours to claim.
Bonus codes are much more common for VIP prizes, especially the non-monetary ones. The best online casinos will surely have a guide on using a specific bonus code, and to make things easier, they allow copy and paste of the phrase or word.
Eligible Games for Casino Bonuses
Completing the wagering requirements is never easy, and it’s not just about the number of times you need to roll the bonus over. Sometimes, you must wager your first deposit bonus on specific games only which can be tough. Most casinos typically stick to online slots for bonus wagering, meaning all bets on slots will count toward it. Unfortunately, table and card games in both RNG and live dealer variety rarely count.
When you go through bonus terms and conditions, take a very good look at the eligible games. In many cases, you won’t be able to wager the bonus on all slots in the game library. Some will be excluded, leaving you with a list of specific games that you can wager the extra funds and get your bonus wins in return.
Are Casino Bonuses Worth It?
Does the bear…yes, they’re worth it when the terms are right. If the minimum deposit is solid, the wagering requirements fair, and other terms even fairer, there’s absolutely no reason to skip getting a casino bonus. Unless you’re not a fan of bonus money with strings attached, you should skip it
Online casino bonuses worth a million will probably be too good to be true, but then there are other offers that can actually give your bankroll the boost it deserves. And yes, you can cash most of them out, but cs apply. With that being said, you should always gamble responsibly even with a bonus unless you’re looking to bleed your bankroll dry.
In conclusion, we suggest getting the casino bonuses that look great according to the terms. A bonus valid offer isn’t just about the size. The terms matter more, so give the fine print a read and snag the extra cash if it looks good – it’ll be worth it.
FAQ
What’s a welcome bonus?
As the name suggests, a welcome bonus is the most common online casino offer you’ll come across. It’s a bonus you get for signing up with a casino. It mostly comprises of a 100% first deposit bonus that’s usually paired with free spins. But, it can also be a no deposit bonus, cashback, reload, or something else.
Are free spins always part of a casino welcome bonus?
It depends on the casino. The majority of casino sites will give you free spins as part of the welcome bonus. Some keep the number low at something like 20 or 30. Others go all in, giving you 50 or 100 free spins over one or more deposits. Regardless of the offer, keep in mind that they also come with specific terms and conditions and are likely win-capped.
What other kinds of casino bonuses can I find online?
The bonus on your first deposit is just the beginning. You can earn plenty of other casino bonuses, ranging from deposit to no deposit bonuses to free spins, cashbacks, reloads, and even loyalty rewards. Get ready to see a lot of free spins at new casino sites and further bonus boosts every time you make a deposit.
What’s the best online casino bonus?
That depends on what you prefer. New players will instantly answer the welcome bonus. However, things aren’t that simple. High-rollers prefer high-roller bonuses, while seasoned veterans will aim for a no deposit bonus. Slot fans love free spins. It all depends on what your goal and favorite game is, but the best thing about it is that there’s a wide range of bonuses to claim in 2023.
Are casino bonuses free?
No, and there’s nothing free in online casinos. They all come with a slew of terms attached. First and foremost, you will have to wager the bonus a certain number of times before withdrawal. The max bet will likely be capped, and for some bonuses, the winnings might be capped too. Make sure you read the T&Cs before claiming a casino bonus.
What are bonus spins?
It’s the same thing as free spins but in marketing lingo. The name says it all – you’re getting spins as an extra part of the offer.
Can I earn loyalty rewards in online casinos?
Yes, you can, and they’re often great. VIP programs get better as you progress up the ladder, giving you more rewarding bonuses and promotions in addition to greater benefits (faster withdrawal times, priority customer support, etc.)
What are wagering requirements?
The wagering requirements are the most important part of bonus terms and conditions. They indicate the number of times you have to play the bonus over before you ask to withdraw your winnings.
Is there a max bet I must stick to when playing with a casino bonus?
In general, yes, there will be a max bet you must stick to. For most deposit bonuses, it’s $5, but it can be lower or higher.
