All that you need to know about online bonuses and their types.

  • Thursday, Jul 22, 2021

Online bonuses are virtual monies that casinos like offer to players for funding their betting. These bonuses are virtual in nature and can't be withdrawn from your account without meeting certain conditions. If you are new to online gambling, continue reading this guide.

Welcome or Sign-up bonuses

Most gambling websites offer sign up or welcome bonuses to their eligible new players. There are two kinds of sign-up bonuses; Deposit and No Deposit Bonuses. The former are awarded when you make your first deposit with your casino according to the minimum requirement criteria.

Kinds of deposit bonuses

A Matching bonus matches your deposit. If your deposit amount is $10, your matching bonus is $10. A typical matching deposit welcome bonus offer is like " 100% matching bonus upto $1000".This bonus can be awarded on just one deposit or can be spread out over several deposits.

Percentage Deposits from casinos

Suppose you deposit $100 and receive $150 as bonus. This is example of a percentage bonus. In quite a few cases, your welcome bonus of $x can be split into several percentage and welcome bonuses. If you are lucky, your welcome offer might include a few free spins also.

Casino Bonuses and Free Spins

Free spins can also make you rich on casinos that have slots. Though free spins don't count as bonuses, these have their own benefits. With your free spins, you can unlock bonus games and other hidden features in your video slots and earn thousands of dollars.

Free spins aren't 100% free. You have to wager them x2 or x3 or more for usage. Besides, earnings from these bonus spins are often capped by the casinos. Free spins can be awarded just at the moment when you make your casino account or after making your first deposit.

VIP bonuses from online casinos

These are awarded to players who have crossed several gambling levels in their online casinos. Different websites have different levels but the underlying principle is the same; the more you play and bet, the more valuable you get for your casino. When you play/bet more, you receive reward points.

What are reward points ?

These reward points can be redeemed later to claim more bonuses, and with these enhanced free monies, you can win even more VIP players often get personal account managers, special bonuses, higher betting and deposit limits, and invites to special events. These players are preferred over others during withdrawals.

Reload Bonuses

Reload bonuses are awarded when a player reloads or tops up his casino account. These bonuses can be awarded on a weekly, fortnightly or monthly basis. Reload bonuses are sometimes included within VIP bonuses, but the underlying principle remains the same; make the casino richer, and become rich.

High Roller bonuses

If you are a high risk taker, your deposit bonus might not cover your risks. In that case, you might receive a High Roller Bonus from your gambling website. Typically, these bonuses are awarded when your deposit exceeds $1,000. Don't go in for this bonus if you are a newbie.

Other promotions from casinos

Sometimes, you might receive casino bonus by just depositing money in a specified payment gateway. Or, this free money can come to you after you have registered yourself by clicking a specific URL. Casinos are always thinking of innovative bonuses for their new and existing players, keep reading.

Referral bonuses from casinos

These are awarded when you refer your friends, relatives, etc. to your casino. As soon as your referee signs up with your referred online casino, you get a bonus code that you can redeem later. Referral bonuses don't amount to much, but are useful, though.

Final thoughts on online casinos bonuses

Bonuses aren't cash; you will have to wager them for their redemption. Secondly, all online casino bonuses have expiry dates, if you don't claim them in the stipulated period, these bonuses are lost forever. Please note that your welcome bonus is not your right, rather it is a privilege.