November 7, 2024

Different Types of Online Casino Bonuses

One of the greatest advantages of using an online casino as opposed to visiting a land-based one is the fantastic bonuses offered. Whether you’re just getting started or are a regular customer, there is an online casino bonus waiting for you. Take a look at an explanation of the most popular online casino bonuses.

Welcome Bonus

The welcome / sign up / new player bonus is generally the most generous on offer as this type of bonus is a tool used by online casinos to entice new account creation. Welcome bonuses come in a variety of types, but remember to always read the fine print.

No Deposit Bonus

The no deposit bonus allows new players to start playing real money online casino games right away without making an upfront deposit, and allows you to win real money without having to stake any money upfront. It’s a great way to play for free, with real money, with no risk to your bankroll.

Deposit Matching Bonus

The deposit matching bonus sees the online casino match your deposit up to a certain limit. For example if they limit is $200, and you deposit $150, the online casino will match that deposit with $150 essentially doubling your bankroll.

Percentage of Deposit Matching Bonus

While this bonus isn’t as generous as a full deposit matching bonus, the percentage of deposit matching bonus will match your deposit with a percentage of the total, for example 50%. If you deposit $100, the online casino will add $50 to your bankroll.

Loyalty Bonus

Most online casinos have reward or loyalty programmes which customers are automatically signed up to when creating an account. Points are earned every time a bet is placed, and most loyalty programmes are tiered meaning the rewards grow as you move up in loyalty status.

Reload Bonus

Reload bonuses will differ from casino to casino, but it is essentially a reward for returning to the casino and depositing more funds into an existing account. Reload bonuses generally take the form of a deposit matching or percentage of deposit matching bonus.

High Roller Bonus

Just as online casinos like to reward customers for regularly returning to the slots and tables, so do they like to reward customers who makes larger than average deposits. Most online casinos will give percentage of deposit matching bonuses to customers to make deposits over $500.

Refer-A-Friend Bonus

If you refer your friend to your favourite online casino and they successfully create and fund a new account, you will receive a refer-a-friend bonus. The good news is you will receive a bonus for every friend you refer, not just the first one!

Free Trial No Deposit Bonus

Unlike the highly generous no deposit bonus, a free trial no deposit bonus is given to players to try out new games or software without making a deposit, but no winnings can be kept. It is essentially online casino only credit, and cannot be withdrawn. This type of bonus is popular at many an android online casino as a way to encourage new players to sign up and see what’s on offer.

Cash-Back Bonus

With a cash-back bonus, the online casino will essentially return some funds lost while playing your favourite online casino games. For example, if you lose $100 you will receive $20 back if you were on a 20% cash-back bonus. However you will only receive the cash-back if your online casino account is empty owing to the loss.

Method of Payment Bonus

Online casinos take pride in offering a wide range of methods for deposits and withdrawals, but some online casinos want to encourage players to use a preferred method of payment. As such, if the preferred method of payment is used, a bonus will be rewarded to the customer.