New players at an online casino often wonder about the casino bonus. It’s a common question asked by new players, especially those who are wary of potential scams and fake casinos with no real value. If you’ve just signed up to an online casino, the first thing that you need to know is whether they offer a bonus or not. Not all casinos offer bonuses, but most do. Casino bonuses can take several forms: New player bonus, loyalty bonus, refer-a-friend bonus, etc. In this article we will look at what exactly a casino bonus is and which are the best casinos with the best bonuses.
What is a Casino Bonus?
A casino bonus is a type of promotion offered by online casinos to attract new players to sign up and play on their site. The online casino industry is extremely competitive, which is why casinos often use these types of promotions to draw in more customers and increase revenue. A casino bonus could be a one-off promotion or a recurring promotion that requires you to meet specific wagering requirements before you can withdraw the money.
The most common types of casino bonuses include welcome bonuses, first deposit bonuses, reload bonuses, and high roller bonuses. Welcome bonuses are designed to bring new players to the casino and encourage them to play, whereas first deposit bonuses are designed to encourage existing players to make a new deposit.
New Player Casino Bonus
New player bonuses are exactly what they sound like: a special offer given to a new player when they join an online casino. Typically, a casino will offer a percentage match on your initial deposit. The percentage could be 100 percent, which means you get a full match of whatever you deposit. This is the most common type of new player bonus. New players will typically have to meet a wagering requirement before they can withdraw any winnings from their deposit. The wagering requirement typically ranges between 10x to 50x your deposit amount. The 10x to 50x requirement is fairly standard for most casino bonuses, regardless of the type.
Loyalty Bonus
You will likely encounter this type of casino bonus when you’ve been playing at the same casino for a long time. A loyalty casino bonus is designed to reward long-term players who’ve contributed to the casino’s success. Loyalty bonuses are often tiered, with different tiers offering different percentages. For example, you might be offered a 125 percent match of your initial deposit as a loyalty bonus, while someone else might receive a 150 percent match. Or, the casino might use a tiered system where you receive a 100 percent match on your first deposit, followed by a 200 percent match on your second deposit and a 300 percent match on your third deposit. One very important thing to note is that casinos often place a cap on the amount of money that you can earn through a loyalty bonus.
The cap is usually between $100 and $300. This means that no matter how much you play, you will never earn more than $300 through your loyalty bonus.
Refer-a-Friend Bonus
If you have a friend who has never played at an online casino before, do them a favour and refer them. Casinos often offer big bonuses to both new and existing players who refer new players to the site. You might be rewarded with a percentage of your friend’s first deposit or winnings. You might also be rewarded with a percentage of your friend’s first deposit, winnings and a bonus added to your account. A lot of casinos will also offer you a percentage of your friend’s deposit amount. So, if your friend deposits $100, you will receive $30. The percentage that you receive depends on the casino.
Exclusive Welcome Package
Exclusive welcome packages are becoming increasingly common as casinos try to outdo each other. An exclusive welcome bonus is a type of bonus offered by a casino that is not offered by any other casino. Exclusive welcome bonuses are often used by casinos to lure high-roller players or continue to reward loyal players. If a casino offers an exclusive welcome bonus, it’s important to read the terms and conditions carefully before signing up to the bonus. Exclusive welcome bonuses are typically tiered with escalating rewards. If you are offered an exclusive welcome bonus, it is in your best interest to accept it. You might never have an opportunity to receive that type of bonus again.
Free Spins
Free spins are a type of casino bonus that online casinos offer to attract new players. Free spins are a set amount of spins that you can use on a slot machine. Free spins can be offered as a one-off promotion or as part of an ongoing promotion where you are required to take part in other activities in order to receive the spins. You will often be required to wager your winnings from the spins a certain number of times before you can withdraw the money from your account. Free spins often carry a higher wagering requirement than a standard casino bonus. The wagering requirements for free spins are usually two to five times higher than the wagering requirements for a standard casino bonus of 100 percent.
Deposit Matching Bonus
A deposit matching bonus is a common type of high roller bonus. A deposit matching bonus is typically a percentage of your first deposit, although it can also be a flat amount. For example, if you deposit $100 and the casino offers a 50 percent deposit matching bonus, you will receive an additional $50. This type of bonus is common among high roller casinos.