Online casinos in 1990 had less competition, showed tremendous growth and never had to compete for new players. With thousands of online casinos now competing for new players, those same players have to be wooed by promises of free cash, which generally a casino will do in the form of bonuses. Almost all online casinos attract players via cash incentives, and apart from building strong new players registrations, the online casino’s main objective is to keep players loyal via loyalty bonus benefits.
Casino Bonus Guide
WRITTEN BY Adam / 29 August 2014
LAST UPDATED / 2 February 2018
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Introduction to Casino Bonuses
Casino bonuses benefit online players since exceptional bonuses are offered to attract newcomers, retain members and reward loyalty. Welcome bonuses offer impressively high match bonuses, free spins, and the most liked bonus is the no deposit bonus. This offers free cash or free spins with no deposit required. No matter the bonus structure, once players read and understand the terms and conditions, all bonuses can lead to an increase in winning opportunities.
When it comes to online casino bonuses there is no doubt that players are truly showered with free bonus cash. Although, it is vital to read the bonus terms and understand the T&C. Important things to keep in mind include the wagering requirements, time limit, maximum winning cap, and games contributions towards wagering. New players would also benefit by reading our bonus wagering articles as well as casino reviews. Our bonus guide explains several bonus structures although they might slightly differ from one casino to the next.
Different Types of Casino Bonuses
With the wide range of bonus offers available to online players it is almost impossible not to feel like a kid in a candy store. All bonuses offer the sweetest benefits, provided players have read and understood the terms and conditions. Cashable bonuses have wagering requirements that need to be met before players can request withdrawals or spend the bonus cash on other games. Non-cashable bonuses are basically free money on loan to players and once winnings are achieved players can cash out the winnings although the bonus amount is deducted.
No Deposit Bonuses
No deposit bonuses are the most popular and can be enjoyed by players who register a new account. No deposit is required, and casinos utilize this bonus to award players for opening a new account. The benefit of no-deposit bonus is that it offers free play and winnings that can be withdrawn with no financial commitment required before play. There are two forms of no-deposit bonuses including cash or free spins.
A cash no deposit bonus is a small cash amount for example of $20. The $20 can be enjoyed on all games, or specified games and winnings are subject to wagering requirements. Free spins no deposit bonuses provide players with around 20 free spins on a specific game, and the free spins could be available all at once or across 5 days with increments of 4 spins per day. The free spins are only valid on the pre-selected game/s and by reading the T&C players would find out if there is maximum cash out limit.
A no deposit bonus could be followed by an exciting welcome offer although many online casinos offer exceptional welcome or sign up offers without offering a no-deposit bonus first. Welcome bonuses offer high percentage match-up bonuses that are directly related to the deposited amount. The bonus awards initial deposits with 100% up to 500% bonuses up to a maximum set by the casino.
Welcome packages can consist of three to five match bonuses spread across the first 3 or 5 deposits with different percentage match bonus offers. Both the welcome bonus and package could also include free spins and are subject to wagering requirements. Welcome offers are extremely beneficial to new players who immediately have access to additional funds to enjoy a boosted start to their online gaming experience. See below for information about other common casino bonuses.
- Casino Reload Bonuses – Casino reloads works in an identical style to welcome bonuses and the only difference is that these are offered to casino members and the bonus percentages are much lower. Players need to make a minimum deposit as stipulated to qualify for the bonus within a specific time period.
- Highroller or VIP Bonuses – Players with cash to splash are normally referred to as high rollers and special bonuses are in place to reward these players for their enormous deposits. The bonuses are not as rewarding as welcome bonuses although their wagering requirements are lower and players immediately get to enjoy VIP benefits such as personalized offers, tailored bonuses, and dedicated assistance.
Free spins bonuses have now evolved into the main bonus of choice. They provide online casinos with a fantastic promotional tool used in enticing new players, rewarding existing players, and celebrating new game launches. Free spins bonuses have also advanced in terms of what they offer and players can now also enjoy super free spins and mega free spins, which reflect higher values per spin. Free spins bonuses could award play on a specific game or group of games and while some online casino now offers wager-free winnings on free spin bonuses players are again reminded that it is important to read bonus T&C.
How To Claim A Casino Bonus
- In order to claim a casino bonus, the first step you need to take care of is registering a casino account. This will see you providing a variety of personal information such as your name, address, phone number and password.
- The next step is to make a deposit using one of the deposit methods available. Most casinos offer a variety of methods to choose from and encompass credit cards, e-wallets and direct banking alternatives.
- Then, you might possibly need to opt-in for the welcome bonus. Not all players want the welcome bonus, so as you are making your first deposit you might need to check a box to get your bonus.
- The majority of welcome bonus offers will be instantly credited to your player account. In cases where this is not the case, a bonus code will be needed to used prior to submitting your deposit. Make sure you verify this before proceeding with your deposit so as to avoid missing out on a bonus.
Online Casino Bonus Terms & Conditions
Online players enjoy a great deal of benefits from accepting bonuses; these bonuses are subject to terms and conditions and cannot be simply cashed out. Here are some of the terms used in bonus conditions and how they work.
Wagering Requirements: Before bonus cash can be converted into real money players need to complete the required play through requirements, which is normally around 35 times the bonus, or the bonus and deposit triggering the bonus. It is always better to select a bonus where wagering requirements affect only the bonus although those conditions are not often offered.
Examples of Wagering Requirements
|100 CAD||30 = 3000 CAD|
|200 CAD||40 = 8000 CAD|
|500 CAD||50 = 25 000 CAD|
|Time Limits||Often wagering requirements have to be reached within a stipulated time period and failing to meet the terms within the given time period results in losing all bonus cash and winning achieved from it.|
|Game Weightings||Different game types contribute different percentages towards the wagering requirements and where online slots normally contribute 100% other games such as blackjack could contribute 10% while bingo does not contribute at all, but again this hugely differs at online casinos.|
|Maximum Payouts||Several bonus terms include maximum payouts or cash out caps and these are most commonly found in no deposit bonuses and free play bonuses, which limits the amount of cash a player can cash in. If the maximum winnings are capped at $200 then players can cash out no more.|
Accepting online casino bonuses remains a good option since it allows you to enjoy the games. Just make sure you familiarize yourself with the terms and conditions part of the promotion/bonus. Not all casinos implement all the T&C’s discussed and some casinos surprise players with bonuses not tied to wagering requirements. Remember, a bonus always equals extra cash and enables you to have a prolonged amount of time playing or to place increased bets, which can improve the amount you win.