Most Popular Types of Casino Bonus Deals
Bonuses in casinos came to be when operators wanted to build loyal relationships with players. As a way of saying thank you to players, online casinos invented bonuses. The first forms of casino bonuses were promotions, weekly or monthly races with leaderboards. During these casino promotions, eligible players would compete against each other to get to the highest positions on the list.
However, as time went on, there came a need for new casino online bonuses. Operators came up with welcome bonuses, no sign up and deposit bonuses, and various other casino welcome bonus offers. This move called âcasino welcome bonusâ attracted new players who played for free after simply registering. The new bonus casino phenomenon was the main reason why online gambling started being so popular. Simply put, land-based gambling venues could not stand a chance with such lavish new casino offers.
But what happens once you have used up your best deposit bonus in the casino?
Well, players may simply meet the wagering requirements and withdraw their funds. However, what most punters do is keep playing. But why? The simple answer is that gambling online at the best online casinos pays off long-term.
Reputable online casinos with bonuses offer ongoing promos and loyalty schemes for existing players. Luring in new players is not their main goal; it is player retention that the best casinos are after. And coincidentally or not, online casino bonuses are the best way to keep people entertained. Therefore, the best deposit bonus sites got creative and invented a plethora of new casino offers. Letâs talk about top casino offers in more detail now.
Welcome Bonus
No Deposit Bonus
Reload
Cashback
Bitcoin Bonus
Let's take a look at all of them in detail:
Welcome Bonus
A casino welcome bonus is claimed after a new player makes his or her first deposit. The minimum deposit in most legit online casinos is around ÂŁ10. After the initial wager, you, as a new player, qualify for whatever welcome package the casino offers. In most online casinos, the welcome bonus consists of a match bonus (e.g. 100% up to ÂŁ500) and free spins. Wagering requirements for welcome casino bonuses vary but are usually under 40x the bonus funds.
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No Deposit Bonus
Similar to welcome bonuses, no deposit casino bonuses are reserved for new players. However, the difference between welcome and no deposit bonuses is that the latter doesnât require real-money wagering. Instead, to claim the no deposit bonus, simply register with one of our recommended casinos online. Otherwise known as online casino best sign up bonuses, these are won right after you sign up.
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Reload
The reload is a member of the online bonus casino family exclusive to existing players. Expressed in percentages, reload bonuses give players a portion of their deposited money back. Additionally, reload casino bonuses are usually available on specific days only. An example of a reload bonus is â you deposit ÂŁ100 with a 20% reload bonus and you play with ÂŁ105.
Cashback
Another bonus for existing customers, cashbacks pay off if you lose in the casino. Again, available on certain days only, cashback bonuses pay on losses. In essence, a cashback bonus helps you recover at least a part of your losses. In other words, even if you lose, you donât experience such a gruesome outcome; instead, a portion of the money you lost is given back to you by the casino.
Bitcoin Bonus
Bitcoin bonuses are the main attraction in crypto casinos. Every player who uses Bitcoin as their deposit method in Bitcoin casinos qualifies for Bitcoin bonuses. To win Bitcoin, you must play with BTC; itâs as simple as that. Moreover, Bitcoin cash can also be part of casino welcome bonus offers in crypto casinos. So, if youâre part of the new era of crypto gambling, visit our BTC-dedicated page right below.
Click here for the best Bitcoin casino bonuses!
What Other Online Casino Promotions Are There?
In addition to the five main types of casino bonuses, there are a few others worth mentioning such as No Deposit Bonus, Reload Bonus or Cashback Bonus.
In addition, there are loyalty bonuses for players who keep going back to the gambling venue. These are tiered gamification offers where players collect their points and climb the ladder. In loyalty programs, players seek to win bronze, silver, gold, diamond, and platinum status, respectively.
Furthermore, there are VIP programs for high-rollers who place high stakes on casino games. Comp points, which weâve mentioned earlier, are often linked with VIP schemes. The more comps the player has, the higher the prize will be. Some instances of VIP casino rewards are cars, jet flights, roundtrips, holidays, tech gadgets, and more.
Next up, casinos host seasonal campaigns during holidays. With that in mind, popular seasonal events include Christmas and New Yearâs promos. During these periods, players should take advantage of Xmas and holidays to boost their bankrolls. Similarly, special casino bonuses take place on Valentineâs Day and Black Friday, for example.
Lastly, extremely popular forms of casino bonuses are tournaments. Casino tourneys are multi-day events with multiple leaderboards and point-collecting systems. While promotions are usually revolved around slots, tourneys are reserved for card games. Some of the best casino tournaments are inspired by blackjack and poker.
Talking Numbers: How Are Casino Bonus Amounts Determined?
The next question asks how casino bonuses are calculated. Letâs look into how online casino bonuses are expressed in most cases.
Starting with welcome bonuses, these offers are often shown in percentages. The match bonus can go as high as 200%, but what does that mean? In translation, if you deposit ÂŁ100 with a 100% match bonus, youâll play with an additional ÂŁ100 in bonus money. However, this is not the same as real money as itâs not as withdrawable. Instead, match bonuses come with wagering requirements attached. In other words, to withdraw the match welcome bonus, you must wager the bonus funds – ÂŁ100, in this case â and only then can you cash out.
Each casino reserves the right to its own rules, terms and conditions. In that light, they decide on the wagering prerequisites and the height of the match bonus. To find the best welcome bonus that suits you, check out our casino with the best welcome bonus list.
Weâd also recommend reading or at least going through the terms and conditions. Indeed, we make sure to include important bonus terms in our casino reviews but better safe than sorry. The casino terms and conditions contain quintessential details that might affect what bonus casino you will pick.
Pay Attention to Online Casino Bonus Terms and Conditions!
As weâve briefly mentioned, casino bonus terms and conditions can be a make-it-or-break-it moment for players. No matter how good a bonus offer might appear, the terms attached to it can be a real deal-breaker. To prevent losing money to the casino due to unfavourable terms and conditions, learn about crucial bonus terms:
Wagering requirements â Otherwise known as playthrough or rollover, wagering requirements refer to the number of times that bonuses must be wagered in order to be withdrawn. The most popular wagering requirement is 30x, but it could go both ways. Rollover of 30x or under is considered player-friendly or low. On the other hand, 45x playthrough is reserved for high-rollers. Casual players rarely can afford such high wagering prerequisites. In our reviews, the Casino Payment Options team always mentions the bonus wagering requirements.
Match bonuses â Usually part of the casino with the best welcome bonus, match bonuses function by matching your deposit. In an example of a 200% match bonus, a playerâs ÂŁ100 deposit is matched at a rate of 200%. As a result, you get to play with more than what you deposited.
Max win â Each bonus is capped with a maximum win sum. That means that no matter how much you win theoretically, the maximum withdrawal amount will be capped by default.
Restricted countries â Some countries might be exempt from certain online casino promotions.
Selected games only â The best online casino promotions are focused on certain games only, so, please read the bonus terms ahead of opting in.
Restricted payment options â As a website specialising in banking methods, we must draw your attention to payment options. For various reasons, some banking options might not be accepted in casino promotions.
