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What bonuses are available at online casinos?
The online casino industry is very competitive and these days bonuses are offered to attract new players and to retain existing players. If an online casino doesn’t offer any bonuses, then they are unlikely to attract many new players. There are different types of bonuses that legit online casinos offer:
The best way for an online casino to gain new players is by offering a welcome bonus for first time players. This type of bonus is usually very generous, with lower wagering requirements and daily limits. Most casinos also offer a selection of different new player bonuses so that players can choose one that suits them the best.
The most common types of welcome bonuses include matched deposit bonuses, sign-up bonuses, and free spins bonuses. A matched deposit bonus is a great way for an online casino to get new players. Usually, this type of bonus is offered as a percentage of the first deposit.
Offering a good matched deposit bonus can help players enjoy their first few games at the casino as they receive some free money to play with. Another popular deal is the sign-up bonus. This type of bonus is usually given only to players who sign up to the casino through a specific link. The bonus will depend on the amount the player deposits when they make their first deposit.
Free spins are another popular choice for online casinos. These will usually be given to players as a welcome offer and are completely free. This means that players don’t have to deposit anything to receive them and there is no wagering requirement. More on this later.
Some legit online casinos will offer matched deposit bonuses anywhere from 50% to 100%. The 100% matched deposit bonus is very common these days. This means that if you make a first deposit of $500 then the legit online casino will match this and give you another $500.
There are always terms and conditions associated with bonuses provided by legit online casinos. You may have to use your matched bonus within a specific time frame. You may find that there is a minimum wagering requirement for you to claim your bonus and withdraw any winnings that you make from it.
No deposit bonuses
No deposit bonuses are also known as free bonuses. There’s no small deposit required in order to get the bonus. All you have to do is sign up to the website and confirm your email address. Once you do that, you’ll be able to claim the bonus.
However, you have to remember that the no deposit bonus comes with its own set of rules and regulations (terms and conditions). Some casinos will only offer the no deposit bonus to new players. This usually applies to casinos that offer a wide range of games
An example of a no deposit bonus is free spins which we will discuss in more detail below. When you sign up with the legit online casino, they will provide you with a specific number of free spins which you can play without having to make a deposit.
Another popular bonus type is the free spins bonus. This bonus will usually come with a set number of free spins that you can play within a specific time period. Some legit online casinos will also offer a free spins bonus where you can get a certain number of free spins based on how much you deposit. Others will give free spins as a no deposit bonus.
The legit online casino will usually require that you play the free spins on a slot machine of their choice. A lot of the time you will win with free spins (especially if they are provided as a no deposit bonus) but you will not be able to withdraw your winnings without first meeting specific wagering requirements laid down by the online casino.
Often, free spins bonuses are associated with heavy wagering requirements. This means that you will need to place wagers on specific slots or other casino games dictated by the legit online casino before you can claim your free spins winnings. In most cases, you will lose more money with the wagering requirements than you will win with your free spins bonus.
This is a bonus offered by a legit online casino for subsequent deposits after the initial deposit. An online casino is unlikely to provide reload bonuses forever. There may be a reload bonus for the first 3 deposits that you make for example.
Usually, a reload bonus is in the form of a matched deposit. There will be a percentage bonus of your deposit amount which can range from 10% to 100%. Again, there are likely to be rules that you need to follow to claim a reload bonus.
Refer a friend bonus
Another popular bonus type is the refer a friend bonus. This bonus is usually given only to players who refer new friends to the casino. Players who refer new players will usually receive a percentage of their deposits made by the referrals. This is a great way for players to earn a little extra money from their friends.
A lot of legit online casinos will reward players that make regular deposits with them and place bets often. VIP bonuses can be cash back offers, matched deposit bonuses, free spins, free bets, and so on. The legit online casino is rewarding loyalty here. They want players that are going to play and make deposits often.
Legit online casinos are in the business of making money. Yes, they offer attractive bonuses, but they never intend to lose money when they provide them. There are almost always terms and conditions associated with online casino bonuses and you need to read these so that you are aware of what is involved.