Since the first online casino opened its virtual doors in 1994, the industry has grown larger with hundreds of online casinos currently operating. The large number of gambling establishments widely available means each casino have to win new players to stay relevant. This stiff competition gave birth to online bonuses and other promotional offers awarded by online casinos to attract more new players and keep the existing ones.
Online casino bonuses; What are they?
Casino bonuses are incentive offers given by online casinos to their players. These offers come in different forms. Some are created to attract new customers, others are designed to keep the existing ones from leaving. Players have the option of claiming several bonuses offers on different sites. Online casinos know this and are constantly improving their promotions.
The most common bonuses offered by online casinos are the sign-up bonus and reload bonus. The sign-up bonus is only offered once to new players while the reload or deposit bonuses reward players for making deposits. To find out about more bonus offers offered by casinos, continue reading this guide.
How does Online Casino Bonuses Work?
Before you go ahead to claim any bonus offer on an online casino, be sure the rules are clear as possible. Since the goal is to attract customers, most casinos try to make the bonus terms straight forward to avoid confusing or intimidating their customers. Bonus details such as the wagering requirements, minimum deposit amount, maximum withdrawal limit and validity period should be easy to access and understand.
If you are new to online casino games, it easy to lose your money in the early stages. In this phase, online bonuses will benefit you because they offer you more playtime and bonus money to explore. All casino bonuses offered online have the same basic requirement. The player has to sign up with the casino first before they can claim any of the incentives offered. Even the no deposit bonuses. Fortunately, the sign-up process is usually easy and can be completed in less than an hour if all information provided is correct. Once your account is verified, and the registration process is completed, you can then claim any of the bonuses available on the casino site.
Online casinos also offer no deposit bonuses. These are incentives you can claim without making any deposit. This is a contrast to the deposit bonus which requires you to make a deposit with the casino before you can claim the offer.
Types of Online Casino Bonuses
1. Welcome bonus
A welcome or sign up bonus is strictly reserved for new players. You will need to complete your registration and make a deposit into your user account to get this bonus. Your deposit is then matched with a particular percentage in bonus money. All can then be used to play real money games. You will not be allowed to withdraw your deposit or bonus money until you wager them and win.
2. Reload bonus
A reload bonus is offered to existing players. The casino rewards each deposit made after their initial deposits. Reload bonuses are meant to motivate players to wager more and continue playing at the casino offering the bonus.
3. No deposit bonus
A no deposit bonus requires no deposit to claim. Players only need to create an account with the casino and they are free to claim the bonus. No deposit bonuses are not as profitable as deposit bonuses. However, they are sure to increase your playtime.
4. High roller bonus
The VIP or high roller bonus is reserved for players who wager more than the average player. The play high limit games and make huge deposits. Of course, the high roller bonus is more profitable.
5. Free spins bonus
Strictly limited to Platinum Play, free spins are mostly offered as an extra to match deposit bonus or reload bonuses. Sometimes they are only restricted to a particular slot game. Most times, the casino includes free spins in the welcome package to make it more appealing to new players.