Online casinos offer many incentives for new players to join their casino and for existing players to stay loyal. Bonuses can be the deciding factor for online casino players when choosing which one to play at. Online casinos offer a variety of bonuses, each with its own unique benefits and conditions. Before accepting bonuses, it is important that you understand all terms and conditions.
There are 2 types of bonuses. Sticky bonuses refer to the money the casino has lent you. You can use sticky bonuses to play your favourite games. However, if the wagering requirements are met, you can withdraw winnings only. The bonus will be returned to the casino upon withdrawal. The cashable bonus is money that you can withdraw with your winnings, provided you have met the wagering conditions. Online casinos usually don’t declare their bonus offers as being sticky or cashable on their promotion pages. To find out the category of the bonuses, please read the terms & condition.
There are common bonuses available at casinos, including cashable and sticky bonuses. These bonuses are:
No Deposit Bonuses
Casinos give no deposit bonuses. It doesn’t require you to make any deposits. All you need to do is open a real-player player account at a casino that offers no deposit bonuses. The bonuses will usually be automatically deposited into player’s accounts. However, some online casino sites may require that you confirm your account with an email or upon verification of credit card details before no-deposit bonuses can be deposited into your account. No-deposit bonuses typically range between $10 and $100 depending on where they are offered. Free-play bonuses are offered by some online casinos. These bonuses offer no-deposit incentives for players who play video poker or slot machines. A bonus of $500, or even a free 5-hour play period, will be offered to players who sign up for real-player accounts. Before you can withdraw winnings, you must meet the wagering requirements of the no deposit bonuses.
Welcome / Sign Up Bonuses
Online casinos offer bonuses for new players, such as sign up or welcome bonuses. These bonuses are in the form a match bonus depending on the amount of money that the new players have deposited. Online casinos normally match deposit amounts between 100 and 2000%, although some casinos offer up to 500% for new players. The welcome bonus may only be available for the first deposit. Other bonuses may be offered to a limited number of deposits, depending on the casino promotion strategy. There is normally a minimum and maximum amount that can be deposited to receive the bonus. To receive the bonus, the player has to deposit the minimum amount. The casino will not match bonuses above the maximum deposit amount.
Weekly & Monthly Deposit Bonus
Existing customers will also receive a reward if they deposit funds into their account. These bonuses typically come in the form of weekly bonuses or monthly bonuses. The usual range is between 25% and 50%.
Some casinos will offer cash-back bonuses to help you recover some of your losses. This can be from 5% to 15 percent. The greater the amount you lose, the higher the cash-back bonus. Of course, this bonus type is not for everyone. This means that the more cash you win, the greater the loss to the casino. These bonuses are still attractive and offered by online casino sites.
Refer A Friend Bonuses
This is the incentive offered to players who refer friends or invite them to play at the casino. Every player that registers with you at the casino will be eligible for $50.