Napoli, 23 Dicembre – Casino bonuses have changed a great deal as more players transition to playing online. You can still take advantage of discount hotel prices, meal vouchers and other perks at brick-and-mortar locations, but if you’re an online bettor looking to play from the comfort of your couch you’re probably looking for other bonuses offered by casinos. These types of bonuses can vary by company, and there can be so many out there that it may leave you frustrated as you sift through them all in trying to figure out which one is right for you.
Our team at Odds has compiled the different types of online casino bonuses, along with strategies on maximizing them, in order to help guide you in the right direction.
Types of Online Casino Bonuses
There are many kinds of online casino bonuses, but the most common in general include:
- No deposit bonus
- Match bonus
- Reload bonus
- Cashback
- Loyalty bonus
No Deposit Bonus
When an online casino is offering a no deposit bonus, what it means, essentially is this: You are not required to make a deposit when you sign up for the first time. This, basically, is how online casinos give you “free money.”
When considering no deposit bonuses, you should know there are three types to choose from: Free Cash, Free Spins and Free Spins & Free Play.
- Free Cash. A Free Cash no deposit bonus offers you a set amount of money to try the online casino out and help you determine if it’s a game you would like to keep playing.
- Free Spins. This is where, upon registering with an online casino, it grants you a Free Spins no deposit bonus to allow you to pick from a pre-determined set of games and see if you can get a hit with the chance to win prizes. If you land a prize, the more likely you are to sign up with that online casino.
- Free Cash & Free Play. A kind of no deposit bonus that is given out by some online casinos, allowing you to choose for yourself where your bonus is utilized-on free spins or games.
So, what no deposit bonus do we usually see most? It’s Free Cash and Free Spins. Online casinos will usually give you anywhere between $10-$25 and up to 200 Free Spins when it’s time to sign up for the first time.
Match Bonus
While no deposit bonuses can be tempting, another signup bonus that some online casinos offer that’s seriously worth considering is a match bonus.
With a match bonus, the online casino is offering to match your first deposit as you register and it adds that amount to your account balance. So if you put $25 into your account when you sign up, the online casino will add an additional $25 so that you can begin gaming with $50.
Reload Bonus
A reload bonus is much like a match bonus, but it is usually intended for the already-established clients of that particular online casino. Another difference with reload bonuses is that the match percentage normally is lower than that of the welcome bonus.
That means, if you are already a customer of an online casino and deposit money into your account, the casino will not match 100 percent of what you deposit. The actual percentage depends on the online casino offering the deposit bonus. You will notice that most reload offers fall between 20 percent and 50 percent.
Online casinos provide reload bonuses as one means of continuing to reward existing players, in the hopes that these individuals will continue gaming with the casino. Since sign-up offers can be availed of only by first-time registrants, online casinos have to get creative with also appeasing their experienced gamers.
Cashback
Cashback is a pretty easy-to-understand bonus that online casinos like to give away. In its core, cashback is some fixed rate amount of money you get into your account after gambling losses and deposits.
This is an automatic bonus that returns a percentage of losses to you, and it’s how online casinos will ensure you continue gaming with them. All online casinos have cashback percentages factored into their offers, and the option to look at that percentage when trying to decide on whether that signup offer is good for you. Usually, you’ll tend to see online casinos offering cashback in the range of 1 to 10%.
For example, if you have been having hard times and lost $1,000 in a week, an online casino that offers 10 percent cashback will return $100 of that to your account as 10 percent of the bonus.
Loyalty Bonus
Loyalty bonuses are exactly what they sound like — they are an online casino’s way of rewarding continued use of their website or app in the form of gifts like free spins, free rolls, free play, etc.
Loyalty bonuses are usually issued dependent upon your betting history with the online casino and the frequency in which you play. If you play enough to reach a VIP level with an online casino, the better the loyalty program rewards will be. Each online casino is different regarding the levels you have to reach for the perks to start coming your way in their loyalty rewards. Do your research in this regard to find out which works best for you.
One of the better rewards programs is the M Life Rewards from BetMGM. With it, reward points can be converted into real-life and digital perks including comped rooms at MGM properties, discounted dining, extended expiration for points, special tournaments, and bonuses on playing slots up to 40%.
Speaking of Terms and Conditions, Read Them
Just a moment ago, we mentioned that one should always look to the terms and conditions of an online casino, and we simply can not reiterate it enough times. The rules governing one online casino can vary greatly from another online casino, so don’t assume they’re all the same or similar in any way. Everything can be different: offers of bonuses, terms and conditions of bonus offers, and conditions of wagering-a.k.a. the number of bets you have to make or the amount of money you are obliged to stake to become eligible to withdraw any money earned through the use of bonuses.
Speaking of wagering requirements, here’s another bonus tip: if Lady Luck is on your side and you win big, it’s a good idea to forfeit any bonus you have received. If you have struck big, cashing out before you meet any of the wagering requirements makes more sense. This can seem counterintuitive, but this will actually help you retain more of your well-earned cash once it’s time to cash out. Do make sure to check with your online casino to make sure that this is okay, though, since not every casino will permit this.
Tips and Strategies on How to Maximize Your Online Casino Bonus
After reading about all of the various online casino bonuses and how much money you could potentially make, one might get eager to start signing up at a bunch of various casinos and collect their offerings. We feel it is an unwise decision to sign up for many varied casinos in hopes of abusing the sign-up system. Instead, find one or two casinos that cater to your needs best and stick to them. The fewer online casino websites and apps you use, the more likely it is you will eventually work your way up to VIP status with them, too-which unlocks the doors for even more offers and rewards.
Online casinos include a range of rules to prevent users from abusing the system; always make sure to check the terms and conditions to make sure you’re making the right choice for you when you do sign up. Of the rules you’ll find listed, one of them is exceeding the maximum stake while playing with any bonus money.
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