From the earliest days of Las Vegas, casino rewards were one of the most appealing aspects of gambling joints. Players dreamed of enjoying the high-life experience, with free rooms, drinks, and extra chips on the tablets. This concept was replaced with something better when online casinos came around. As they couldn’t offer free drinks, they thought of something better – extra cash.
Online casino bonuses range from welcome offers available to new players to player retention offers. They come in various shapes and sizes, all designed to engage players and keep them playing. We’ll cover the most common types of casino bonuses below and show you how to use them.
Welcome Bonuses
The welcome bonus is just what it says on the label. A thank you of sorts for choosing a given site to call home. These offers can range from no-deposit ones, like those detailed in a renowned guide up at the Sun Papers Australia website, to promos that include free spins or deposit matches. Most commonly, platforms these days like to mix a 100% deposit match on registration with some free spins thrown in, for an initial deposit above a given amount.
This combination can stretch over several initial deposits in a welcome package. Welcome packages are usually much larger than a 100% deposit bonus, but they might also come with stricter terms and conditions.
Welcome bonus offers are the first bonus players see when they enter a new casino. They’re designed to be attractive to new players, showing them that the grass is greener on the other side. It’s difficult to find a casino site without a bonus offer. Even if it’s not the traditional welcome bonus type, there would be a cashback or some other bonus to start with.
- How to use a welcome bonus: to claim a welcome bonus, a player needs to sign up at a casino site. If it’s a deposit bonus + free spins package, they must cover the minimum deposit. Welcome deposit bonuses cover up to a certain amount (for example, up to $100). Deposits over that won’t be covered by the bonus.
Deposit Bonuses
Deposit bonuses are among the most common rewards for both new and experienced players. Welcome packages often include this bonus to new players. For example, it might match 100% of their deposit or any percentage over or under. When it’s not part of a welcome package, a deposit bonus works in much the same way, but it’s available to returning players only.
Most casinos choose 100% deposit bonuses as they’re a fan-favourite. They effectively double the deposit a player makes, giving them the same amount in return. A casino site may also decide to match a bonus below 100% or over that percentage, keeping existing customers happy and engaged.
Similar to welcome bonuses, they are tied to numerous terms and conditions. Players need to follow the rules of each deposit bonus if they want to get the most out of them.
- How to use a deposit bonus: a deposit bonus for existing players is unlocked with a specific deposit. For example, if it’s a match bonus for a specific day of the week, a minimum qualifying deposit on that day will unlock the offer.
No Deposit Bonuses
Many casino sites will advertise their no deposit bonus offers as free money, which is unfair. But as long as local jurisdiction rules allow it, casinos will continue to do that. In reality, there’s no such thing as free cash at online casinos. Each bonus comes with a host of strings attached, including wagering requirements, maximum bet size, and eligible games.
Which doesn’t make no deposit bonuses bad at all. This is a bonus most players love. That’s because it doesn’t require a minimum deposit for the player to cover. It’s available simply by opting in. No deposit bonuses are smaller because of that. Think something along the lines of $20 in bonus cash or 20 free spins on Book of Dead. It’s a nice gesture by the casino toward new or experienced players, giving them just enough to try a new casino out or try a new or popular game.
- How to use a no deposit bonus: welcome no deposit offers might be automatically awarded to new signees. In some cases, players might need to opt in to such a promotion or use a bonus code when prompted. The precise terms will be stated on the bonus banner and under the terms and conditions, which are a must-read.
Free Spins
Unlike deposit bonuses and other offers, which offer bonus cash, free spins have no initial monetary value. They give players free games on popular slots, and are often used as a marketing tool to promote the latest titles.
Many free spins are attached to a welcome package, but they can also come in the form of deposit or no deposit spins. The mechanism of claiming this offer is the same as any deposit or no deposit bonus. Free spins usually come in batches of 20 or more. If the package is larger than 100, for example, the casino may hand out 20 per day.
- How to claim free spins: if they’re part of a welcome or deposit bonus package, they will be added to a player’s account immediately and available when they start the qualifying game. One thing to remember about free spins: their expiry date is usually short, so it’s best to play them through on time.
Cashback Bonuses
Many casino sites offer a cashback bonus, which is a percentage of cash back given to a player to cover their losses. These promos work similarly to refunds that players in the retail business sphere issue to loyal customers. In the game arena, an example would be getting 10% cashback on blackjack losses over a week.
These bonuses are used as a player retention strategy, and are often part of VIP clubs. The money often comes without any wagering requirements, making it appealing to all players.
- How to use a cashback: using a cashback is dictated by the terms of this offer. It’s important to read the fine print, as it tells players which period and games it covers. Most cashbacks have no wagering or low wagering requirements, meaning they’re easier to use than other bonus offers.
Loyalty Rewards
Loyalty rewards are larger and more expanded bonus offers available to loyal players. For example, players might get larger deposit bonuses, more frequent cashbacks and free spins, and loyalty bonus codes as well.
Higher VIP levels unlock even better bonuses with lighter terms. It’s still important to read the T&Cs so players don’t miss any of the key rules.
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