Everyone loves bonuses, and there is no better place to get a bonus than in an online casino. Therefore, many gamblers are frequently looking for comprehensive lists of all the latest online casino bonuses. Such bonuses can be of different types, ranging from free spins to actual cash amounts. Here, we have compiled a list of the different types of online casino bonuses offered to gamblers on these platforms.
Types of Online Casino Bonuses
Different types of online casino bonuses may include:
- Cashbacks: The gambler gets paid back a part of their deposit. For example, at a 10 percent cash back, you will receive 1100 USD in your online casino account if you deposit 1000 USD. However, such cash amounts usually have strings attached related to their usage and withdrawal.
- Free Cash: No Deposit Bonuses or free cash is offered to online gamblers without the requirement to deposit anything in their accounts beforehand. Usually, such free cash is being provided as a welcome bonus for creating a new account. Free cash bonuses may be withdrawn if you reach the required wagering standards for withdrawal.
- Free Spins: Most online casinos offer free spins as marketing tactics for their products. With such spins, players can try out new games without spending a penny from their pockets. You can still win real money through these spins that can be withdrawn.
- Promo Codes: Some online casinos may offer promotional codes that can be used to lower the amount required to play an online casino game. For example, if you need 5 USD for a game, the promo code may discount the price to 3 USD or lower. This way, gamblers are allured to try different games available on the online casino with lower than anticipated risk.
- Free Play Tickets: A small subsection of online casinos offer free-play hours as well. Here, the gambler can play any game for free within the designated time. However, such free play hours are rare and may have numerous strings attached regarding the types of games that can be played, additional wagering requirements for withdrawal, and the maximum that can be won.
Apart from the common, broad categories of bonuses, you may be able to avail of different online casino bonuses on triggering different actions, as discussed below.
- Promotional Bonus Types: During their marketing and promotions, online casinos may offer wager-free spins, VIP Casino bonus, Live Casino Bonus, and free games.
- Sports-betting bonuses: Games that involve betting on different sports and their outcomes can offer sports betting bonuses in the form of greater payouts and lower restrictions.
- Referral Bonuses: Most online casinos are looking to expand their list of active gamblers. Therefore, you may be offered a bonus through a referral program. However, in most cases, the referral must deposit a certain amount before the referrer gets the bonus cash in their account.
Terminologies that Apply on Online Casino Bonuses
Many terms are used specifically in the context of online casino bonuses. Having a better understanding of these terms can help gamblers know what exactly are they being offered:
- Wagering Requirements: This is the least amount that needs to be wagered. Otherwise, you cannot make a withdrawal from the online casino.
- Wagering Contributions: Each game has different wagering contributions. For example, a game with a 10 percent wagering contribution means that if you wager 1000 USD on that game, only 100 USD will be written off from the remaining wagering requirements. Usually, the higher the risk in the game, the greater its wagering contribution ought to be.
- Max Bonus: This is the maximum bonus you may receive. For example, a maximum welcome bonus of 100 USD means that you can only get a maximum bonus of 100 USD, irrespective of the amount you deposit.
- Payout Percentage: For any game, it refers to the probability that you will win.
Bonus Claiming
Before claiming any bonus, take out time to consider their terms and conditions. Sometimes, you may receive little benefit from the bonus. In such cases, the gambler may prefer not to take the bonus to avoid the added restrictions.
Conclusion
Online casinos offer a range of bonuses to market their services. We hope that our list helped you get an insight into the most common types.
