Online casinos have grown in popularity in the recent past over their land-based counterparts, thanks to the lucrative bonuses and promotional offers available. Each online casino offers its unique bonus offers that are specifically designed to lure players to their site as well as encourage loyal players to continue using their platform.
With the neck to neck competition in the iGaming industry, casino operators need to differentiate themselves from one another by offering something unique. Regardless of whether you are a beginner or an advanced gambler, online casino bonuses are the best way to build your bankroll.
However, some casino bonuses come with different wagering requirements such as 40X, 50X or 60X which must be fulfilled before the winnings and the bonus can be withdrawn. One good thing with wagering requirements is that it is completely fair, and you don’t have to wager again after deposit or redeposit.
But before we delve deeper into understanding the different types of casino bonuses and how to use them, we need to know what casino bonuses are.
What is a casino bonus?
As aforementioned, online casinos offer numerous different types of bonuses to players. They range from cash backs, free spins, special offers, free cash, welcome bonus, to loyalty or comp points. When you receive free spins on a video slot, for instance, you can use them to play and win different rewards.
These casino bonuses are further categorized as a deposit or no deposit. As the name suggests, with the no deposit casino bonuses, you are given free money to start with immediately after signing up. On the other hand, the deposit bonus is where you are rewarded with some certain amount of money after signing up and making your first deposit. For example, a casino can reward new players 100% Welcome Bonus up to £1200 plus 100 free spins.
The free spins attached to the welcome package can be for promoting a new video slot in the market or just a reward to allow you enjoy different slots. The good thing with online casino bonuses is that you can choose to accept or reject them.
So, what are the different bonuses available at online casinos?
Different Types of Online Casino Bonuses
Literally, there are numerous casino bonuses out on the market but the big challenging is knowing the right bonus to use. Although the casinos may offer these bonuses in varying sizes, they share similarities across platforms. In this section, we discussed all the different types of casino bonuses and of course, some of the most reputable online casinos offering generous offers.
Most online casinos use welcome bonus or first deposit bonus offers to attract new members to join their site. In some casinos, the welcome bonus is automatically credited in your account after registering. Its hard for some people to understand how a casino can offer you money for doing nothing. The reason is to attract more new players.
Nonetheless, the welcome bonus can only be used once, that is, when you sign up on a site or download a casino app. The good thing with online casinos is that the sky is the limit. You can sign up on as many platforms as you like and enjoy the different welcome bonuses they offer.
First Deposit Bonus
This is one of the most common online casino bonuses. It is often a 100% match, meaning you will be rewarded with 100% match of the first money deposited. This is always limited to a specific amount such as £200 to £1000. There are some online casinos where you will can be rewarded up to 200% match bonuses. The wagering requirements in first deposit bonuses normally range from as low as 15X to 45x of the deposit amount and the bonus.
To put it in simple terms, a reload bonus is just a deposit bonus but for loyal players on the site. Unlike the first deposit where players are rewarded with 100% match bonus or higher, reload bonuses have slightly low percentages. Some online casinos will reward you for depositing on a specific day. These bonuses are advertised openly on the casino site or they can be emailed to every player, depends with the site you are using.
No Deposit Bonus
Its quite easy to get a no deposit bonus as it is offered by most online casino operators. It is a type of casino welcome bonus where you are rewarded with a number of free spins on specific games such as slots, upon registration. Playing for free after registration is a great opportunity of learning different casino games especially the online slots.
It is also a great way of playing without risking your money to a casino. Whereas some casino operators will offer you no deposit in form of free spins and with no wagering requirements, you will be required to meet the requirements in others.
Cash Back Bonus
Cash Back bonuses are not as common as the above-mentioned offers. Contrary to other bonuses, this offer is fueled by the player’s losses. Normally, players apply for a 10% Cash Back promotion offer for one week and whatever losses that the player will incur in that specific week, 10% is retained or returned to the player. What is amazing about this bonus offer is that it is not subject to any wagering requirement and it can be converted to cash. Nevertheless, it is important to note that Cash Back bonus varies from one casino to another.
Free Spins Bonus
This is probably the most common of them all. They are very popular in online slots games but they can be rewarded to a player for various reasons. Mostly, the can be rewarded as part of the welcome bonus offer or independently to promote a new type of casino game.
here to Get Different Types of Casino Bonuses
When choosing a good online casino, the variety and size of bonus offers are one of the key things to consider. Nonetheless, you also ought to keep in mind factors like licensing and fair game play, types of payment options accepted, the variety of games offered, and the availability of customer support agents. Here are some of the top rated online casinos with different types of lucrative bonuses and promotional offers.
£5000 bonus on first deposit plus 50 free spins
Leo Vegas Casino
£300 bonus on first deposit and 50 free spins
William Hill Casino
£300 bonus on first deposit
£50 bonus on the first deposit
£300 bonus on first deposit and 300 no wagering free spins