Different Types of Online Casino Bonuses Explained

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  • Written by Anette
  • Posted on April 15, 2024
Home News & Articles Different Types of Online Casino Bonuses Explained

Nearly all online casinos offer various bonuses to promote their services, attract players and reward loyal customers. They are not free, usually requiring certain conditions to be met and wagering requirements fulfilled to let you cash out your winnings. While every bonus is appealing and rewarding in its own way, each is different and has its own perks.

It is impossible not to lose money when gambling, but the critical factor is to lower the risk as much as possible. New players can use bonuses to do this while learning how to bet properly. Different wagers apply in different circumstances, but each bonus benefits players under certain conditions.

Bonuses are an efficient marketing tool you can use to your advantage, but only a few newcomers know how to do it. Each bonus is designed to make your gambling experience more attractive and better. Read the article to learn more about multiple online casino bonuses and how to best use them.

Welcome Bonuses

Welcome, or sign-up bonuses are reserved for new players and are usually available when they create an account and deposit. Welcome bonuses are generally the most generous and lucrative, as casinos want you to make a good start while you test the games at an early stage. Most welcome offers have lower playthrough requirements, meaning they are easily converted into money.

There are no-deposit welcome offers, but the most common type is a deposit match offer. This means you will make a certain deposit, and the casino will match it 100% or more. If you are lucky, you will find a casino that gives such offers on up to the first 5 deposits. However, that is not all, as there can be even more surprises.

Some casinos also offer free spins as part of a welcome package. Free spins are always awarded once per account, and it is impossible for players to register more of them to receive more bonuses. When you claim the offer, consider the expiration date and all the terms and conditions.

Example of casino welcome bonus
The welcome bonus stands out as one of the crucial factors when selecting an online casino.

No-Deposit Bonuses

No deposit bonuses are offers that players receive without having to make any previous deposit. Multiple online casinos offer no-deposit bonuses to celebrate milestones or simply grant them completely randomly. However, in most cases, no deposit deals are rewards you claim just for signing up with the casino. The bonus funds are ideal to explore the casino’s features and test games.

No-deposit bonuses are usually small, awarding symbolic amounts or few free spins, and they typically come with wagering requirements. The size of those requirements depends on more than one thing, usually the casino policy and the amount you are to receive. Free spins do not require adding funds to use them, so they can also be part of a no-deposit bonus.

Of course, they always come with their own set of conditions. Playthrough requirements are high, and several other restrictions are sometimes added to the mix. Anyway, the casino grants free money, so the terms are their own to set up. It is not easy to complain when you can get cash utterly free of charge.

Reload Bonuses

Reload bonuses are similar to welcome offers but with one main difference – these are ongoing promos you can claim as a registered player. So, reload bonuses are usually deposit-match deals. Most casinos have policies on the frequency of such occurrences, meaning they can only happen occasionally. Typically, you can collect reload bonuses on a specific day or during the weekend.

The goal is always to encourage players to keep returning and reloading in the long run. Players need to be aware of these strategies and keep to their plans to take more breaks if they have them. The funds must be deposited on a specific day, while the casino will give you a 50% deposit match or even more.

The most frequent offers of this kind are weekly and monthly bonuses, available once per week or a month. The bonuses can be used on most games in the lobby, and loyal players usually have bigger benefits. The more you are active, the more chances you have to grab such a bonus.

Cashback Bonuses

Cashback deals, offered to loyal customers, originated in land-based halls, where VIP players could have extra perks. As for online casinos, the amount you can get is always related to how much money you wagered and lost. Cashback bonuses reduce your losses, but it’s important to always check the bonus T&C to select the best deal.

You should always pay attention to several factors, including bonus amount, wagering requirements, free spins, validity period, etc. The bonus is always given at the end of a promotional period, which can mean monthly, weekly or daily. Every operator applies the amount that can be refunded, which varies according to the site. In some cases, there might be no limit.

It is up to you to choose the cashback bonus that suits your preferences and requirements. It is always crucial to read and understand the terms and conditions before claiming the bonus. The most common cashback bonuses amount to 5 – 20%, while they usually require higher bets for a higher percentage.

High Roller Bonuses

Every casino loves big spenders and offers various advantages. Meant for the players who bet big, high roller bonuses come in multiple sizes and forms. They often include cashback, free bets, reloads, and exclusive promotions, all with lower wagering requirements. What constitutes a high roller is debatable, with every casino using its own definition.

However, you will become eligible for bonuses when you have enough funds. They often arrive with wagering requirements but are frequently more generous than the regular ones. All the advantages will come in a tailored package that depends on your playing habits. Tickets to poker tournaments, cash prizes and other valuable awards await once you reach certain spending levels.

Birthday gifts, luxurious holiday packages, event invitations, personal account managers and other benefits are all available. Faster conversion and withdrawals, as well as top customer care, go without saying. Things are easy when you are a high roller. Stay with us at OnlineGambling24 to learn more about other bonus types you should know about.

Here you can check some of the casinos with great bonus offers

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