Its interesting to note that online casinos have made their mark in comparison with land-based casinos. One might also say that online casinos have taken over the land-based ones. Its no wonder that online casinos have benefitted their players in a variety of ways.
Most likely, we can now play anywhere and everywhere at any time. We now get to play a large variety of games, get amazing bonuses and promotions, and that too, on a ready-to-play package.
But why do online casinos offer bonuses?
To attract more players.
Yes, you read that right. To attract more users and players, online gaming casinos offer bonuses and promotional offers in different forms.
Online Casino Bonuses
As mentioned above, there are all kinds of online casino bonuses specific to a category for new customers and existing gamblers. These bonuses vary from casino to casino. Some offer great bonuses to new customers while others pay tribute to their long-time loyal players.
Others cater to both new and loyal players, boosting their business and uplifting their online casino against so much competition.
How Online Casinos Choose Bonuses to Offer?
It's essential to check how a casino's bonuses work. The casino games come with thrill and excitement but help you win a lot of fortune. Likewise, many gamblers have tried their luck and converted extra money into hefty bonuses.
Sometimes tiny deposits can win you progressive jackpots and jumbo lotteries enough for a lifetime. Who wouldnt want one?
Well, before diving into the online world of casinos
, make sure you know their bonus systems, so you have better chances to play and win your bonuses and money.
Since there are hundreds of online casinos springing up like mushrooms after rain, there's a lot of competition as well. You can choose the popular ones and try your luck to win bonuses in the form of cash that you can use to play. Online gaming casinos offer different types and forms of bonuses for their new players to attract more customers while existing players keep them playing.
Choosing the best online casino depends on how many welcome and other promotional bonuses it offers. We have listed some of the main bonuses casinos provide to understand better which bonus to choose for your online gambling needs.
Welcome or Sign up Offers
Some of the online casinos offer hefty bonuses to their new players as a welcome or signup bonus. When you register and create an account at the casino. However, not all casinos offer big welcome bonuses, but players get the offer when they sign up as a new player.
Usually, these bonuses are given as cash for you to play.
Being one of the best bonuses, deposit bonuses are another motivating offer that attracts new players. Like welcome bonuses, deposit bonuses are hefty amounts that give a multiple of the deposit after the player has opened an account.
These bonuses could be 2, 3, 4, or even 5 times the deposit amount. Interestingly, a deposit bonus of 100% can be used to play table games, for instance, Blackjack. However, players can use a deposit bonus of 200% for playing on slot machines.
No Deposit Bonuses
As evident from the name, a non-deposit bonus needs no deposit. The player only needs to create an account and start playing without revealing personal data.
As simple as that, no deposit bonuses involve no risks, and the player can move onto a new online casino
to try his luck. This form of bonus has no strings attached whatsoever.
No deposit bonuses involve wagering requirements; for instance, you can use the bonus on slots only. Since it's a free game, free money casinos restrict the withdrawal amount. If you win a $2000 jackpot, you can only withdraw $1000.
Such restrictions are essential to restrict the gamblers to try out new casinos to withdraw free credits.
Free Spin Bonuses
Casinos offer a limited number of free spins on their slot machines or wheel of fortune. A casino offers free spins to its new players as a welcome bonus and existing players as their promotional offers.
The cash or good bonus earned goes directly to the player's account.
However, every casino has a different strategy to offer free spins. Some have a strict wagering requirement and a small withdrawal limit. Therefore, when earned this good bonus, cash it out at the earliest.
Almost every casino offers reward multipliers in different forms
. Most of them offer bonuses on promoting popular games or their new slots. These bonuses are offered for a limited time, and you can avail of them within that period.
For instance, your winnings multiply if you play at a slot machine while the reward multiplier is live. Usually, reward players double or triple your winning amount while some multiply it by 100 times.
If you find out the casino, you play at offers a reward multiplier, play a few slots to win money or even a jackpot.
A gambling site that has excellent casino reviews is a must-visit. Once you find the best casino, you better stick to it to enjoy games and avail their loyalty bonuses.
A loyalty bonus is some kind of reward or loyalty program that is granted to a casino's long-time player on behalf of his trust and loyalty. When a gambler has reached a certain milestone in his gambling life in a particular casino, he is awarded the said bonus.
These bonuses come in different forms, shapes, and sizes, depending upon the type of player. If a player gambles a large amount of money, the casino rewards them with the best bonuses and maximum amount.
Different types of loyalty bonuses are as below:
Loyalty Points: These points are offered in the form of wagering credits.
Level-up Systems: When the gamblers reach a new level in the casino, they are presented with level-up bonuses.
Missions or Challenges: When a player wins a task or challenge, they are rewarded by the casino in the form of free spins, tokens, bonus coins, and so much more.
Not every casino offers cash-backs.
A live casino gives cash backs in the form of casino bonuses. These cash backs are the amount of money the player has lost while gambling in the live casino. These losses are credited back to their account in the form of cash or points used to play.
As clear from the name, referral bonuses are offered to the players who introduce the place to new customers or players. The ones that spread the word about the new game or new casino slot get referral bonuses.
In short, offering a referral bonus is a way to promote your casino, a particular game, a slot, etc. When the new customer from your referral creates his account and makes his first deposit, you get your referral bonus in the form of money.
It requires no money, no risk, but a good bonus amount in return. Isn't that exciting?
High Roller Rewards
Gamblers who like to deposit significant amounts of money and play their best game are offered high roller rewards and bonuses. If a player makes a massive deposit, the best casino will treat him like a VIP with all the perks and more value he deserves.
Such deposits will increase the chances of your winnings and will get you lucky with the slots and free spins. A $500 deposit is mandatory for entering into a high roller reward.
However, make sure you check all the terms and conditions before registering as one.
After detailed information on types of bonuses and how casinos choose which bonuses to offer, let's look into the wagering requirement with which the casino bonuses are linked.
Casino rewards and bonuses work in mysterious ways, but that's how they keep their game going in the market industry.
Since most casino bonuses come with wagering requirements, let's dive into how the bonuses work.
What is the Wagering Requirement?
The wagering requirement is the number of times a player has to wager or play through the bonus amount before withdrawing the cash.
Online casino bonuses have the requirement say if you claim a $100 bonus with a wagering requirement of 100x, you have to play for $1000 before you can cash out your bonus funds.
Read out the rules of a casino you want to sign up at so you are well aware of their system beforehand. Once in the casino, do not hesitate to deposit because online casino bonuses give players real extra money or bonus cash.
Get the best of casino bonuses and win a big fortune. Out of all the rules, make sure you go through their wagering requirement to avail your bonus funds.