These days, casinos offer different types of bonuses to their players. They can differ significantly, both in their value and wagering requirements.
So which casino bonuses are worth claiming? If you’re new to the gambling industry, it might take you some time to figure out which bonuses are worthwhile.
So why waste your precious time? This article will provide you with all the necessary knowledge regarding bonuses and their types.
What is a Casino Bonus?
A good start would be to break down the concept of a casino bonus and what it actually means.
In practical terms, you can say that a bonus is a type of reward given to a customer for registering or being loyal to the casino.
Not all bonuses are created equal, however, and some are far more enticing than others.
What are the Different Types of Bonuses
There are many different types of casino bonuses. The most popular ones are as follows:
- Welcome bonuses;
- Deposit bonuses;
- Free spins;
- Cashback.
All of them have their uses, so let’s analyze each one in detail.
Welcome Bonus
The welcome bonus is the most common type one bonus, and most online casinos offer their new players at least one of them.
This bonus is always given when a customer makes their first deposit and is usually a match of the amount that the player chooses to deposit.
For example, if the casino offers a 100% match bonus, you can double your deposit.
All welcome casino bonuses usually have a maximum amount that you can receive, so try to choose the most lucrative offer.
Deposit Bonus
A deposit bonus means that you get an extra percentage on the next deposit that you make at the casino.
The percentage usually varies from 25% up to 150%. So if it’s a $50 bonus, and you deposit $100, you’ll get a total of $150 to play with.
Free Spins
Free spins are a fixed number of spins issued to players on a specific game. Many operators like to promote new games that are released on the market by offering their customers free spins.
The player then receives a portion of free spins that can be used on a specific game.
The number of free spins that you can get is usually around 10 – 100 rounds. There are also other variants of free spins called super spins or mega spins. The only difference between them is the value of each bonus round.
Cashback
Cashback is a so-called passive bonus and is not activated directly when you play but instead functions as insurance.
Cashback is always issued based on a percentage a player has lost within a certain period (daily/weekly/monthly).
For instance, if you get 10% cashback and lose your entire balance of $1000, you’ll be refunded $100. If you lose $500, you’ll get back $50, and so on. It is always the total losses that count in a cashback bonus.
Many experienced players often prefer this type of bonus as you are guaranteed to make some profit even when you lose.
The Terms and Conditions of Casino Bonuses
When a bonus is credited to a player, it will always have specific rules and conditions that need to be observed closely.
These rules include, e.g., wagering requirements, the maximum amount you can bet per round, validity period, eligible games, and so on.
New players often make the same mistake: they see a lucrative bonus offer and claim it without thinking about what they’re agreeing to.
That is something you should never do, no matter how attractive the bonus seems at first glance.
If the bonus has extreme wagering requirements, there is no guarantee that you’ll be able to fulfill them. Or you might not make it on time.
To avoid this, simply read the terms and conditions. Everything is clearly stated there, and that should save you plenty of time.
