One of the great advantages of online casinos over real life casinos, is that almost all the online casinos out there offer great bonuses to people who choose to play on their website. These bonuses can be a great way to supplement your investments and have the potential to increase your chances of winning. There are different ways to acquire bonuses. Most casinos offer bonuses when you sign up, which means they will match a certain percentage of the money that you are depositing into your player’s account. Players will also be rewarded for ongoing loyalty or for referring a friend to a particular online casino website. If you choose carefully, you will also find casinos that won’t require for you to deposit any money in order to receive a bonus.
so why do online casinos offer these bonuses?
Online casinos started to offer casino bonuses to motivate new players to try out their casino games without risking too much of their own money. Casino bonuses have become very popular and now players will find different types of bonuses besides the traditional welcome bonus.
how to claim your bonus
Here are the most popular bonuses that you will find at most online casinos:
This type of bonus is usually a percentage based on the first casino deposit of a player who signed up for the first time. Other times, the welcome bonus is a fixed amount that players will get on top of their first purchase. Lately, new players can get more than one welcome bonus after they first join the casino.
Examples of welcome bonuses:
- 100% welcome bonus up to $500
- Up to $1000 welcome bonus – $500 with first deposit, $300 with second deposit, $200 with third deposit
- Buy $100 and get $100 free
no deposit bonus
Since so many casinos are competing with their welcome bonuses, online casinos have started to offer no deposit bonuses. This bonus is usually a small amount of money that new players will get as soon as they sign up for real money play. There is no purchase required to get this bonus. No deposit bonuses enable players to try out a specific casino game, test their payouts and experience the thrill of winning without risking anything.
Examples of no deposit bonuses:
- $10 free welcome bonus with no deposit required
- $50 free when you sign up – Bonus Code: BONUS50
payment method bonus
This type of bonus is based on the payment method a player chooses when he or she makes their casino purchase. Some online casinos have preferences for a specific electronic payment and this is why they motivate players with a bonus.
Examples of Payment Method Bonus:
- Claim 10% extra on your first deposit using Skrill
- Deposit with Neteller or Skrill and get 15% more on all your deposits
This type of bonus is for players who have become regular players at the casino. Online casinos create different types of promotions to give away a bonus (Percentage or fixed amount) for their loyalty and motivate the player to keep coming back to play more and get more money.
Examples of loyalty bonuses:
- Birthday Bonus = $50 free bonus on your birthday
- Monthly Calendar Bonus = International Women’s Day – If you make a deposit of $123 you will get a $234 bonus
- Comp Points/Loyalty Programs = For every $1 you wager, you earn 4 point in return, whether you win or lose.
high roller bonus
This type of bonus is for players who deposit large amounts of cash at the casino. High rollers will benefit from huge bonuses that are completely different from a regular welcome bonus. Furthermore, a casino will offer different programs to high rollers depending on the amount they deposit.
High roller bonuses are a great opportunity for professional players to receive more bonuses and to be able to play more games.
Examples of High Roller Bonuses:
- Deposit $1,000 get $500 Free – You play with $1,500
- 400% match on each deposit
the good and bad of bonuses
As with all things, you have to make sure that you always use your best judgment. For one thing, you have to know what your financial limits are and always stay within them. Sometimes you will have to make a certain amount of wagers in order to be able to take advantage of a bonus. If you are on a losing streak, your account may be depleted quickly and you will have to make more deposits in order to achieve the requested wager number. Make sure that you don’t overstretch your budget, just to be able to get that bonus. The same goes for welcome bonuses, if you can only afford to deposit a certain amount of money, do not overspend just because the casino will match your first three deposits. Lastly, it is very important to only deal with reputable casinos.
Naturally there are always terms and condition linked to bonuses.
This is to ensure that players don’t just open accounts, deposit money, get the bonus and then cash out, as this would lead to huge losses for the casinos. Terms and conditions outline the conditions under which you will be eligible to actually receive the bonus. They outline, for example, that if you are trying to receive the “New Player Bonus” you cannot have another registered account. Usually they also outline the wagering requirements, for example you have to wager at least x25 you deposit in order to collect. Sometimes there are also games that have additional wagering requirements (often those are Blackjack and Roulette).
when to cash out?
It is a natural reaction that as soon as you have won a bet, you want to cash out on some of your winnings. However, it’s usually not just as easy as that. Through the terms and conditions you have agreed to the rollover requirements, before you cash out any winnings. That means that you have to wager your original deposit a certain amount of times before you can cash out. It is best to be conscious of these numbers, so that you won’t be disappointed with your casino experience.
when in doubt?
Should you have questions or worries, particularly concerning the status of your money, it is always best to stop playing and contact the casino. Almost all casinos have excellent customer support service, which is available 24/7. They will be able to assist you with any problems and make sure you have the most enjoyable casino experience possible.