New player welcome bonuses can be given in a few different forms. Typically it'll be a deposit match plus free spins. Let's say the casino offers a 100% deposit match up to $200 with 200 free spins. If you deposit $200, you will have $400 to play with 200 free spins on slots.
If the wagering requirement is 45x the bonus plus 20x the winnings on the free spins, you'll have to keep on placing bets to the value of $9,000 to fulfil the terms. If you won $50 from the free spins, you'd have to place further bets worth $1,000 to clear any additional winnings for withdrawal.
Some welcome bonuses offer deposit matches for your first three deposits, or the percentage match can be higher. A welcome bonus can be a 200% match, or even higher, on your deposit. If, in this case, you pay $100, you'll receive $300 to play with.
This is another type of bonus typically given to new players only, and you don't need to send money to your account to enjoy its benefits. No deposit bonuses are not as large as its counterpart and are mostly for a specific game on the site. It'll also come with a wagering requirement to prevent bonus abuse.
Reload / Deposit Bonuses
A deposit bonus or reloads are offered for regular players as a reward for revisiting the site. It'll mostly be provided for a specific day of the week, e.g., Monday reload bonus or weekend reload bonus. It will mostly be a deposit match bonus, much like the welcome bonus, but available to everybody, not just new players.
Online casinos often offer free spins on new slots to allow you to try the game. It's an excellent way for them to market new titles and themes while you get a perfect opportunity to decide if you enjoy it.
The typical wagering requirement for free spins bonuses is set against any winnings you make from the bonus. It's available to all players and is mostly offered without the need to make a deposit.
As some of the casinos have sportsbooks, welcome bonuses for sports betting can be different from casino games promotions. Sometimes you could get not only match bonus but free bets as well.
Vip Programs & Loyalty Bonuses
All the top-notch online casinos have loyalty incentives or VIP programs for regular visitors to its site. Each one will offer individual rewards depending on which tier you reach. Rewards are unique to each casino and increase as you progress to the top. The best VIP and loyalty programs can include personal accounts managers, special withdrawal times, cashback rewards, VIP events, and much more.
The most common way to reward VIP players is with loyalty points. As you play and accumulate points, it determines how fast you climb the ladder to the top tier. Some of the top online casinos allow VIP members to convert points to cash that may be withdrawn, but it's not the industry norm and an excellent offer when you find it.
A cashback bonus is the creme-de-la-creme of online casino rewards. It's not a regular bonus, and selected online casinos only offer it. You'll mostly see this offer as part of a VIP program. It's a set percentage of the total amount of bets you placed during the month that's paid back to your casino account in cash.
High Rollers Bonus
If you're playing with a bigger bankroll, then a high roller's bonus is perfect for you. What you'll find is that instead of a small minimum deposit, the high roller bonus will offer you a match of 100% on a $2,000 reloading process or more. Online casinos reward high rollers with more than a massive deposit match, and you can expect to move up the VIP ladder very quickly if you claim it.
Online casinos have preferred methods of payment that they'll reward you for using. It could be that they're in a partnership with a specific payment provider and receive excellent payment rates or service. You could receive a banking bonus for selecting to use this preferred supplier for payments to and from the casino.
A bonus will either be automatically activated when you make a deposit, or you will receive a bonus code that you must enter. If you're claiming it from the official site, you can follow the prompts that will guide you through the process. If you're using a bonus code from an affiliate site, you should supply the bonus code when making the deposit.
It's a unique code that the online casino publishes that represents a specific bonus or promotion.
It depends on the type of bonus you're claiming. If it's a no-deposit or free spins bonus, you don't need to make a real money deposit.