Every year, many new online casinos are being established. It goes without saying that when the choice of online casinos is so huge, there are always some of them that try to stand out and offer different casino bonus types. Looking for a reliable online casino? Feel free to visit our Best Online Casino Rating List 2024.
In this article, we will not only explain how the new casino bonuses work, but we will also include some regular offers and compare all of them in order to find out which type of casino bonus is the best one.
Some of the casino may offer no deposit casino bonuses. Usually it can be a reward for your loyalty or in some casinos – free spins just for registration. Get your 20 free spins just for registration at Tsars Casino. Typically, you must play through your bonus funds a certain number of times before withdrawing winnings. Increased bankroll, free play, and loyalty points. Wager requirements, restricted games, and hidden fees. Create an account, make a deposit, opt-in to the bonus. Choose the right bonus, read terms carefully, play high RTP games, manage bankroll. It’s a promotional offer given to players to encourage them to sign up or continue playing at the casino.
FAQ about Casino Bonus Types
Casino Bonus without deposit - what is this?
How do online casino bonuses work?
What are the benefits of online casino bonuses?
What are the risks of online casino bonuses?
How to claim an online casino bonus?
How to maximize an online casino bonus?
What is an online casino bonus?
Online casinos offer a variety of bonuses and promotions to attract new players and keep existing players coming back for more. These bonuses can take many forms, such as welcome bonuses, deposit bonuses, free spins, and cashback offers.
In this article, our experts explain each bonus available at online casinos.
A welcome bonus is a promotional offer given to new players when they sign up for an online casino account. It is the most common type of casino bonus, and is typically offered in the form of a percentage match bonus. This means that the casino will match your deposit up to a certain amount, giving you bonus funds to play with.
For example:
Welcome bonuses can vary in terms of their match rate and wagering requirements. The match rate is the percentage of your deposit that the casino will match, while the wagering requirements are the number of times you need to playthrough your bonus funds before you can withdraw them.
Wagering requirements are typically expressed as a multiple of the bonus amount. For example, a 30x wagering requirement on a $100 bonus means you must wager a total of $3,000 before withdrawing your winnings.
Welcome bonuses are great for trying out new online casinos and games. They can also give you a head start on your bankroll, so you can play for longer and win more money.
Deposit bonuses are promotions offered to existing players by online casinos. They are similar to welcome bonuses, but they are offered on top of your existing balance. Deposit bonuses typically have a lower match rate than welcome bonuses. For example, a 50% match bonus on a $100 deposit would give you $50 in bonus funds.
Deposit bonuses are a great way to extend your bankroll and give you more flexibility when playing at an online casino. They can also be a good way to try out new games or strategies.
Online casinos offer no deposit bonuses. These bonuses are particularly appealing to players as they allow them to try out games and the casino platform itself without needing to make an initial deposit. Essentially, no deposit bonuses serve as a risk-free chance for players to win real money potentially.
No deposit bonuses come in various forms, such as bonus cash, free spins, or free play, and are often provided to new players as a welcome gesture or to existing players as a reward for their loyalty. The bonus cash can be used on various games, whereas free spins are usually linked to specific slot games.
To claim a no deposit bonus, players may need to register an account with the casino, verify their identity, and enter a promotional code if required. The process is usually straightforward, with the bonus being credited to the player’s account upon completing the necessary steps.
Cashback bonuses are promotions online casinos offer that reimburse players a portion of their losses. These bonuses help players minimize their losses and stay in the game.
Cashback bonuses typically have a percentage rate, such as 5% or 10%. This means the casino will refund a percentage of your losses up to a certain amount. For example, a 10% cashback bonus on a $100 loss would give you $10 back.
Cashback bonuses are a great way to offset your losses and potentially increase your overall winnings. Yet, it is important to understand the requirements of any cashback bonus before you claim it. This will help you understand the percentage rate, wagering requirements, and other restrictions that apply to the bonus.
A reload bonus is a type of bonus that online casinos offer to existing players to encourage them to make more deposits. Reload bonuses are similar to welcome bonuses, but they are typically offered to players who have already made a deposit at the casino.
Reload bonuses can come in a variety of forms, including:
Free spins are a type of bonus that online casinos offer that allows players to play slot games for free. They are typically given as part of a welcome bonus, deposit bonus, or reload bonus.
There are two main types of free spins:
High Roller Bonuses are the perfect fit for players who prefer to bet big and play with large bankrolls. These bonuses are tailored specifically for players who make substantial deposits and commit to playing high-stakes games. Online casinos offer High Roller Bonuses to attract and retain players who contribute to the casino’s betting volume.
High Roller Bonuses often come with more favorable terms than standard bonuses, reflecting the higher level of commitment from the player. They may include larger percentage matches on deposits, higher bonus caps, and more generous loyalty points.
For instance, where a standard welcome bonus might offer a 100% match up to $200, a High Roller Bonus might offer a 50% match up to $1,000 or even higher, providing a much larger bonus for those willing to deposit more.
Furthermore, High Roller Bonuses can also grant players access to exclusive VIP clubs and rewards programs. These programs often come with perks such as personal account managers, faster withdrawal times, higher withdrawal limits, and invitations to special events.
Referral bonuses are a type of promotion online casinos offer to motivate existing players to introduce new players to the platform. These bonuses are designed to reward the referrer and the referred new player, creating a win-win situation for both parties and the casino.
When an existing player refers a friend or family member to an online casino, and that person successfully signs up and makes a deposit, the referrer often receives a referral bonus.
This bonus can come in various forms, such as bonus cash, free spins, or other rewards. The specific details of the referral bonus, including the amount and the terms and conditions, can vary from one casino to another.
To take advantage of a referral bonus, a player typically needs to share a unique referral link or code with potential new players. When the new player registers for an account using that link or code and fulfills the requirements, the bonus is credited to the referrer’s account.
The new player may also be entitled to their welcome bonus, which is separate from the referral bonus and can include additional perks like deposit matches or free spins. This encourages new players to join the casino and enjoy the offered games.
Game-specific bonuses are online casinos’ promotions tailored to specific games. These bonuses are designed to entice players to try out new games or to encourage them to play their favorite games more often.
Game-specific bonuses can come in a variety of forms, including:
This type of casino bonus is basically similar to a regular deposit bonus with wagering requirement, but the main difference is that when you make a deposit with a no sticky bonus, your real money and bonus balances are being separated.
First of all, the real money balance is used and if you manage to win using it, then you can simply cancel the bonus and make a cashout. If you lose your real money balance, then you start playing from the bonus money and then you will have to complete the wager before making a withdrawal.
This type of bonus is much less common as it is more favorable to gamblers. When choosing such a bonus, attention should also be paid to the wagering requirement and other key conditions.
This type of casino bonus has been gaining a lot of popularity recently. Many may be wondering – how does this bonus work? Everything is very simple – you make a deposit and receive a bonus (100%, 125%, etc.).
Let’s take an example: you use a 100% bonus without wagering requirement, you make a €20 deposit, you get a €20 bonus. This means that you have a total of €40 in your account. You can make a cashout at any time, but your bonus amount (in this case €20) will be deducted from the total. Therefore, if, for example, you make a deposit of €20, raise your balance to €100 and order a withdrawal, you will be transferred €80 (€100 – bonus amount €20).
Bonuses without wagering requirement are one of the best casino bonus types for sure, but they usually have one downside – the maximum payout requirement. Usually, your maximum cashout will be equal to 5x the bonus you received.
VIP programs at online casinos are designed to reward their most loyal and high-spending players with exclusive benefits and perks. These programs typically offer a tiered system with varying levels of rewards, each with its own set of perks.
Typical VIP Program Benefits:
Casino bonus terms and conditions are the rules and regulations that govern how a bonus can be used at an online casino. These terms and conditions are important to read and understand before you claim any bonus, as they can affect your ability to withdraw your winnings.
Here are some of the key things to look for in casino bonus terms and conditions:
Online casinos use various bonuses to attract and keep players, including welcome bonuses for new players, deposit bonuses matching a percentage of deposits, free spins for slot games, cashback bonuses refunding a portion of losses, reload bonuses for existing players, and game-specific bonuses with tailored rewards.
However, reviewing bonus terms and conditions before claiming is crucial, considering factors like wagering requirements, maximum payout, and other restrictions.