The Types of Bonuses you Will Find an Online Casino and How to Use them

New and existing players get a small package to welcome or keep them enticed. These packages have conditions attached, but if you take advantage as you should, they stretch the dollar enough to be worth the trouble. Online gaming sites have their rules, but welcome bonuses are the same: either monetary or in the form of free spins.

Our top advice is not to miss a single offer even the reward money isn’t that much. We explain more about the types of promotions casinos have and how they work.  

Types of Bonuses

Almost every online casino has three main bonus types as a strategy to get its market share or entice players to come back/play some more.

Deposit Bonuses

As the name suggests, you would have to fund your casino account to qualify for this bonus. Gaming houses have minimum set deposits that you will have to meet before playing for real money, and they will then top it up with a set percentage. For instance, they could offer 200% deposit bonus to play with $400 if you deposit $20. The more you deposit, the more free money you get and vice versa. The catch is in paying it off when meeting wagering requirements, but we will handle that later in the article.

No Deposit Bonuses

You will not be required to make any deposit with this offer, so you just register an account and get the free money. You will have a list of games to use the money on and conditions to meet before withdrawing it. Not many casinos have this offer, so you want to grab it when they present it.

Free Spins

This offer is often made to new and existing players where a gambling house will give you free spins for slots and virtual chips for poker, roulette, and other card games. As is common with other bonuses, you will have a set of conditions to follow, so read these before accepting the offer.

There are other promotional plans – since they work the same way as bonuses – Loyalty Programs and VIP settings. When you open an account at a casino, you are entered into a loyalty program where you earn points each time you deposit cash. You can later redeem them for free games, but the winnings may still be subject to wagering requirements. The VIP invites-only segment is reserved for the high rollers, and some of the perks include getting priority to games. You will also be rewarded during important calendar markings such as birthdays, anniversaries, and such. End-of-year parties include raffle draws with luxurious gifts to give away.

Here’s how you take full advantage of casino offers:

Do Not Skip the Welcome Package

Even if you think the money is too little, it’s still free and the only freebie a casino will give, so go for it. It will give you the courage to try new games since you’d still have your deposit as a fallback plan.   

Read the Terms

Casinos have conditions that players have to meet before withdrawing the free money. There are playthrough terms that require you to use the offer money a number of times. For instance, wagering 20 times for a bonus of $20 means you will need to play as many times as it takes to hit $400 in placed bets so you can get your reward cash. Most of the offers are time-barred, so you usually get a week or two to meet playthrough needs. You also need to look at the games specified because they contribute different percentages to wagering.

Look out for Special Offers

Since offers are always being made, be on the lookout to avoid missing the chance to play with a casino’s free money. Existing players still get some free spins, promotional bonuses, and other offers here and there to keep them enticed. As long as you are on your site’s mailing list, they will notify you of these offers whenever they are active.

Terms and Conditions

You will usually see these three conditions: wagering/playthrough, time given, and type of games. Wagering requirements are usually higher for no deposit bonuses, so you get, say, $20 for 45times. This means your bets will need to be valued at $900. If you get the same bonus for a $20 deposit, you may be asked to wager it 30 times to make the minimum value of your total bets $600. You cannot withdraw the bonus or associated winnings until you have met this condition.

The next thing to look up is the time to meet these wagering conditions. You also want to know whether the casino has specified the games to use the bonus on since, most times, only a few contribute 100% to wagering. You will find all the information you need on the bonus’ T&Cs that we encourage you to read before signing up for an offer.

Conclusion

How do you find bonuses? By reading reviews on sites dedicated to reviewing all the offers available at online casinos. You may also want to look out for the new ones as they are usually trying to attract players, so they give away money freely. The bigger brands are also notorious for freebies, so you may want to stay tuned for any news.