All online casinos offer different types of bonuses and these can often lead to confusion for new players. It is important that you understand what they are before getting started, as it will save you a lot of stress in the long run.
Here I will try to briefly explain the different types of bonuses available so that you can choose wisely when registering at your next casino.
There are a lot of common types of bonuses that are present in every online casino and then there are those that online casinos create for a special event or period. As mentioned in the beginners guide, you should always read the terms and conditions layed out for the bonuses and when in doubt, ask the customer support.
There are various types of bonuses available at the different online casinos which often lead to misunderstandings, confusion and unnecessary stress if you do not understand what they are.
- Casino bonuses are a great way to try out new casinos without risking your own money. They also provide an opportunity to win real money without having to make any initial deposit.
- All bonuses have a playthrough requirement before you can cash out any winnings; make sure you know this upfront and also pay attention to whether it applies to certain games only.
- Online casinos offer various types of bonuses, which can lead to misunderstandings and confusion if you are not familiar with all the different ones.
An online casino will offer you a bonus when you sign up with them. This is the first type of bonus that most players are familiar with and it can be in different forms such as match deposit, free spins or cash back among others.
These bonuses are often in the form of free spins, which have a playthrough requirement before they can be cashed out.
When playing at an online casino for the first time they will often give you some form of welcome package which includes bonuses on your initial deposits into their account (such as 100% match) one or more ‘free spins’ to use on any games they might have and also specific deals available only to new customers.
The amount offered varies by site but usually ranges from $50 – $1000 worth of credits.
Online casinos offer different types of freebies, many for brand new players.
You will not need to make an initial deposit into your account and you don’t even need to provide any personal details for this type of bonus.
Sign Up Bonus
These are usually the most generous bonuses that an online casino offers and is given to new players who initially join. These are the sorts of bonuses that you can really take advantage of, as mentioned in the casino bonus whoring guide.
For example, Silver Oak casino offer a sign up bonus of 100% up to a maximum of $200. So if you were to deposit $200, you would obtain a bonus of $200.
No Deposit Bonus
No Deposit Bonuses allow those who want to play online casino games without risking their own money a way to do so because with these types of offers there is no risk at all! If you like playing on one particular site then it could pay off big time in the long run by using them as your ‘practice’ casino until you feel confident enough to use real cash.
This is a bonus you receive for simply registering with the casino. It does not require any deposit as it will be credited to your account and can be used by making bets on their games. The amount of money offered in this type of bonus might vary anywhere between $25 -$100 or even more, depending on the online casino that offers them. You do have to play through a certain percentage before withdrawing anything else from these bonuses but some casinos allow players to withdraw up to 100% without playing through anything again which makes taking advantage of no-deposit bonuses very attractive if they are available at an online casino where you want to play!
Online casinos offer no-deposit bonuses that are often incorrectly referred to as free play. These bonuses come in the form of a large chunk of cash and players have 60 minutes to make wagers using their bonus. The casino will keep money won over and above the amount of your no deposit bonus plus any wagers you need to place after you use up your allotted time.
For example, Cool Cat casino give you 25 free spins when you sign up using the code WARRIOR25. The money you make from this bonus is yours to keep as long as you meet the wage requirements (30 x Bonus, which is $1500).
Here is our list of the best no deposit bonus codes.
Read a detailed informative article about deposit bonuses.
Bonuses can be confusing and often lead to misunderstandings, confusion or unnecessary stress. The deposit bonus is one of the most common types of bonuses since it gives players money on a percentage related to their deposit amount rather than just giving them an outright payout for every bet placed. If a player deposits $150, they will get $300 to gamble with.
When you make your first deposit at an online casino, it is possible that they will give you a bonus for it. Generally speaking, this type of offer says “deposit x amount and get y% back as free.” For example, if someone deposits $50 into their account and gets $5 credited to them as cashback then their bankroll would be $55.
Numerous restrictions apply on withdrawal of any winnings from the bonus amount if playthrough requirements are not met before cashing out. Players need to make an initial deposit and then wager it at least once in order for their winnings from that particular game can be withdrawn without any further obligation or requirement.
For example, you have deposited money into your casino account and won some cash playing slots games but do not meet all the necessary conditions like betting limits etc., to withdraw funds from this no-deposit bonus online casinos often require players to play through that same amount again before withdrawing anything else.
Have you ever seen a casino offer 100% match bonus up to $200?
This is a great opportunity for players who are looking to make the most of their money. It’s always nice to have some extra cash in your bankroll and this is an easy way to do it. You can use these bonuses on any game that you would like, so go ahead and try out something new!
Sign up for Match Bonus today and start playing with more money than you thought possible! All it takes is one deposit and we will give you back double what you put in. We hope that this promotion has peaked your interest because all of our games are available for play with these bonuses. There’s no better time than now!
The playthrough requirement, often abbreviated as a “wagering requirement” or just “WR,” is the number of times you must wager your bonus money in order to withdraw any winnings. This means that if I deposit $100 and receive an additional $200 from my casino for making this first deposit, then there will also be a WR attached which states that I would need to wager all of these funds (total bankroll) 50 x before withdrawing the cash. So if I make bets with total stakes of at least $50 until they become zero again, only then can I go ahead and withdraw whatever balance may have remained after betting it down to zero.
Free Money Bonus
It is a sum of money offered by the casino to the players for free, with no strings attached. It is given as an incentive to try out the games and services offered by the casino. Generally, it is a small amount of money, but there are some casinos that offer larger sums as well. The bonus can be used to play any of the games available on the casino site. However, there are some restrictions on how it can be withdrawn. For example, the bonus may have to be wagered a certain number of times before it can be withdrawn.
The Sticky Bonus is a bonus that does not expire. The bonus must be wagered a certain number of times before it can be withdrawn and the playthrough requirement is usually 30 or 50 times, although this differs from casino to casino.
The benefit of this type of bonus is the fact you do not have to worry about it expiring on you and losing out on your winnings because there are no wagering requirements for it. It will always be active in your casino account, but as with all bonuses, you cannot cashout any winnings from them until the playthrough requirement has been met.
Reload, top up, weekly, or monthly bonuses
A reload bonus will earn players extra money when they deposit more funds into their online casino account; either through an existing balance or by making a new purchase at the appropriate time-frame during which they can receive that particular offer.
These are all forms of bonuses that are given to players who deposit additional money into their existing betting accounts with online casinos. These bonuses in most cases, if not all, are a lower percentage and are capped at a lower threshold than sign up bonuses. The monthly bonuses in particular can be quite generous and some can almost be as good as a sign up bonus.
The name says it all. These are bonuses that you will see at certain websites where the casino has made an exclusive deal with the website owner to offer his members.
If a casino offers a bonus you have never heard of, it is usually a derivation of what is described above. If you are unsure, just read the terms & conditions on the website, or you can contact us for help.
After claiming a bonus a player must bet a minimum amount of money before they are allowed to withdraw from their account, otherwise known as a wagering requirement.
The wagering requirement is usually a multiple of the deposit and bonus (Sometimes only of the deposit or the bonus). The wage requirement may also differ depending on which game you play.