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How do online casino bonus work?
Just signed up with an online casino and got a bonus. How does it work?
Answers( 1 )
Online casinos use bonuses as a way to attract new players to sign up, make a deposit and play. Welcome bonus packages are a staple of online casinos nowadays, especially since the competition between operators has become stiff. Aside from sign-up bonuses, online casinos also regularly offer bonuses to players who keep coming back and playing. This is one of the many ways they keep their loyal members happy. Read the article below to get an in-depth look at the various types of bonuses you will find online.
Online Casino Bonuses You Will Typically Encounter
Welcome/first deposit bonus - Once you sign up and make your first deposit, you will get additional credits which you can use to play the casino games. Note that even if bonuses are free, you can still win real money from them. Typically, welcome bonuses range from 50-500% your initial deposit.
No deposit bonus - If you're not ready to make a deposit yet, you should take advantage of this bonus. All you have to do is sign up and you can play the games for free. Once you decide to make a deposit, you will get even bigger bonuses.
Reload bonus - On your second or third, even up until your fifth deposit, you will get a reload bonus. Just like the first deposit bonus, this bonus is usually worth a percentage of your deposit.
Loyalty programs/bonuses - If you keep on playing, you will be rewarded with exclusive bonuses. You will find that there are sites which give out additional funds while others provide free games.
High-roller bonus - As a high-stakes player, you get to enjoy this bonus. The bigger you spend, the bigger the bonuses you will earn.
Referral bonus - For every successful friend referral, you will get a bonus that will be added to your account.
Cash back bonus - There are online casinos which guarantee players that their money will be returned to them if they do not win a certain game.
Mobile deposit bonus - This is an incentive given to players who download an online casino site's accompanying app.
Before you claim your bonus, remember to read the terms and conditions first so you won't get frustrated in the end. There are certain wagering requirements you have to meet before you can withdraw your winnings from your bonus and initial deposit. Typically, you will be required to bet at least three or five times the deposit amount plus the bonus before you can withdraw your winnings. If you think the wagering requirements are reachable, then go ahead and claim the bonus. On the other hand, if it seems impossible to meet the conditions, try your best to avoid the bonus.