There are many reasons why online casinos have quickly grown in popularity. One of them is casino bonuses. Each casino operator offers bonuses of differing types and sizes, and for different purposes. To lure new players, some offer generous welcome bonuses or don’t charge a deposit. Others award comp points to encourage loyal customers to continue using the website.
These bonuses will give you a chance to play more games for free and to boost your bankroll. At Casino Mania, we offer all these bonuses and many more to ensure that our readers get the best gaming experience. Following are some of the most popular bonus offers in the gaming industry today.
Casino Bonus Restrictions
Unfortunately, not all punters are eligible for online casino bonuses. Some casinos deny bonuses for various reasons. For instance, some limit their offers to a specific jurisdiction because, in the past, players violated or abused the bonus offer or because of international gambling laws. Each casino will provide a list of restricted countries for players to cross-check.
Bonus Clearing Techniques
The best way to benefit from casino bonuses is by clearing them as quickly as possible. The faster you clear your offer, the faster you can access your winnings. When clearing a casino bonus offer, you can apply several techniques. Some of them include:
- Choose a bonus offer which is profitable.
- Avoid cashing out your winnings early.
- Always play with large deposits.
- Start playing immediately after depositing your money.
Cashable vs Non-Cashable Bonuses
The two main types of casino bonuses are cashable and non-cashable bonuses. With the cashable bonus, you will be able to withdraw both the winnings and the wagering requirements. However, before you use these offers, you should learn whether there’s a maximum withdrawal limit. On the other hand, non-cashable or sticky bonuses allow players to cash out all their winnings except for the bonus money. This means that if you receive a non-cashable bonus worth $200 and, by luck, you win $100 from it, you will cash out only $100 and not $300. Of course, cashable bonuses are more profitable than non-cashable offers.
Different Types of Casino Bonuses
Welcome / Sign-Up Bonuses
The welcome or sign-up bonus is the most common in the online casino industry. Most casino operators give players this offer immediately after the player registers for an account and deposits funds. However, in some cases, you will be required to use a promo code to activate the offer. Casino welcome bonuses normally range between 100% and 500%. For instance, if you make a minimum deposit of $50 and the casino offers a 100% match, your account will automatically be credited $100. Note that these bonuses have certain wagering requirements that the player must fulfill before cashing out his/her bonus and winnings.
Online slots contribute 100% towards the wagering requirements, while, in most casinos, other games contribute 10% or less. Some popular slots with a 100% contribution include Starburst, Gonzo’s Quest, Mega Moolah, Mega Fortune, Thunderstruck 2, Book of Ra Deluxe, and Queen of the Nile.
What are a wagering requirement or play-through demand? In simple terms, this is the number of times you must bet before you can cash out your bonus winnings. For example, if a casino offers a $20 bonus with 10x wagering requirements, you must play with $200 to be eligible to withdraw.
Some online casinos will offer new players a no-deposit bonus. This means you don’t have to risk your money to start gambling. Although the amount may not be large, it is worthwhile to play because it is completely free.
Casinos with no-deposit bonuses tend to raise the wagering limits. Others impose strict rules, like requiring a deposit before withdrawal. This is why you must understand the terms and conditions before you start using no-deposit bonuses.
Monthly Reload Bonuses
Most (if not all) online casinos offer monthly or reload bonus offers. These offers can go as high as £200 every month. Depending on the casino site you are using, the monthly bonus can be offered via email or publicly. The size of the bonus is based on the amount you wager. The more you play (high stakes), the bigger the bonus offer.
Some casinos reward players for referring their friends. For instance, a player can receive a percentage for every referred player who wagers a certain amount of money. This type of bonus offer, though not popular, is becoming more common in the casino market.
Preferred Payment Bonus
Many online casinos offer a wide selection of payment options. In addition to the standard credit and debit card, you can opt for alternatives. A casino may offer you 15% every time you deposit or withdraw your money. This explains why it is important, before you start your transactions, to check the offers attached to different payment options.
Free Play Bonuses
Unlike the no-deposit and free spins bonuses, this bonus allows you to win real money by playing free games for a set period of time (perhaps for an hour). You must meet specific wagering requirements before you can cash out your winnings.
Free Spins Bonus
The free spins bonus is probably the most common bonus offer, especially among slot lovers. To test new slot games, a casino will offer a fixed number of spins for free. This bonus is very important, especially to beginners, as it allows them to learn the basics of the game while winning real money.
High Roller / VIP Bonus
If you are after big wins, you must be ready to part with a large amount. Online casinos give exclusive services to high rollers. Being a VIP player gives you the opportunity to join other high roller gamblers. You will be entitled to a personal account manager, huge cashbacks, birthday gifts, and much more.
Casino bonuses are the best strategy that casino operators can use to attract new and experienced gamblers. They are important for building a player’s bankroll and they provide an opportunity to play new games. However, before using any bonus, you must always read the terms and conditions.