Online gambling is hugely popular, and there’s one reason why it’s gained extra popularity – the bonuses. Online sites are able to offer players lucrative bonuses and promotions that can really boost your bankroll – unlike land based casinos. However, online sites will differ dramatically with what and how they offer these promotions so you will need to know what to look for to find the best bonuses out there.
How Do Online Casino Bonuses Work
Online bonuses are not a new trend but are something that is cemented in the fabric of online gaming with the only difference being that the bonuses have improved as competition has increased. The winners in all of this are the players but it is important to understand how the bonuses work and how they affect you at the casino as well as any advantages or disadvantages they can bring to your overall perception or experience you have with the casino.
Casino Bonuses are based on the amount you deposit. Usually they are only available with your initial deposit however some casinos will provide bonuses on the first several deposits you make. They will also include regular deposit promotions throughout the month or as special promotions. When you make your first deposit you will be able to claim any welcome bonus that you qualify for. Usually the bonus is automatically applied to your casino account but some will require that you enter a bonus code prior to making your deposit. If this is the case the bonus information will advise you of this however it is always recommended you read the terms for each and every bonus you accept.
The bonuses all will have terms and conditions applied to them. This is clearly explained under the terms and conditions for each bonus and will include possible game restrictions, playthrough terms and possible wagering limitations. Playthrough terms will require that you wager your deposit and bonus a preset amount of times before being able to withdrawl your winnings. As online casinos have higher than normal payout ratios and you are receiving a considerable amount of free money they put these terms in place to ensure that you and the casinos are accepting equal risk.
Different Types Of Bonuses
There are several types of bonuses you will come across as you explore the world of online casinos. The first is a match bonus which will double or triple the amount you deposited. Another bonus commonly found is the Free Play or No Deposit Bonus. These bonuses will give you a certain amount of free money to try the games. Free Play bonuses are time restricted and will allow you one hour to play any of the games you wish to play. This is somewhat of a better option as the amount you are awarded for the hour is very substantial and it allows you to play a broader selection of games to truly test out how the games and software performs.
Each has its own advantage over the other. The match bonus will generally give you a better reward and opportunity to claim a bigger bonus. The Free Play offers usually come with little to no first time deposit bonus but will allow you to keep any winnings over and above the amount initially awarded. The draw back to this is you will have to make a smack good faith deposit to claim your winnings and then you will have playthrough terms applied to them. The end result is the match bonus tends to be the better way to go as you are able to make a small deposit, claim the bonus and focus on playing the games versus wondering what bonus to accept later on.
Back in the days, before the market became heavily regulated, casinos could be extremely generous with bonuses and even offer one without the need for you to make a deposit. You would simply get free cash as an incentive to sign up to the casino. Granted, they are harder to find these days, but there are still a few no-deposit bonuses on our list of best casino bonus offers. It’s a great way for you as a player to explore the casino and get a feel for what it has to offer before making your own deposit, plus it gives you the chance to win some money without any risk. However, these types of offers typically come with strict terms and conditions, including max cap on the cashouts and ridiculous wagering requirements.
Matched Deposit Bonuses
The matched deposit bonus is the most common type of casino bonus and is offered at more or less all gambling sites as their welcome bonus offer for new players. As the name suggests, a matched casino bonus means that your deposit will be matched a %, usually in the form of 100% or, more rarely, 200%. There are even bigger bonuses of 300% or higher on the market, but the sites that offer those kind of bonuses are more often than not shady and will rip players off using predatory terms. We suggest you do not claim such bonus unless it is listed on our site.
As video slots started to become popular, so did free spins offers. Again, back in the glory days of online gambling, before over regulation started to happen, casinos were very generous with giving out free spins. There is even an example of a player at Rizk Casino winning over £10k having started with 10 free spins. Still, nearly all welcome bonus offers will also include a batch of free spins that will usually be restricted to specific slots.
The reload bonus is similar to the matched deposit bonus, but is offered to existing customers as opposed to new players. Of course, this is a way to encourage returning customers to play more, but is also a way to reward loyal customers. Usually, the reload bonus will be lower than the matched deposit bonus and is typically offered in the form of a 50% bonus. A lot of the casinos listed on our best casino bonus page like to tie reload bonuses into their promos and offer them on a weekly basis to returning customers. Hence, many times it can be beneficial to stick to one or two casinos.
High Roller Bonuses
High roller bonuses are designed for players with large bank rolls and who plan on wagering large amounts of cash. Granted, these players will receive the biggest bonuses available on the market. High roller bonuses are obviously worth larger amounts compared to the standard welcome bonus. They may also benefit from better terms and conditions and not have any max bet rules applied. Not all casinos are good for high rollers due to their small size.
Casino Bonuses are a great way to experience online gaming and the joys it brings. They allow you to maximize the amount you have to play with and increase your chances of hitting that big win we all dream about hitting.
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