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Online casinos are becoming more popular, and most of the players have decided to test their fortunes in the online casino world. The heightened number of players has certainly not gone unnoticed by the operators of online casinos. There is a stiff battle behind the website to sign up the best gamblers. In order to be in a position to achieve this, casinos must offer more than the others.
Bonuses have been highly successful in luring and motivating players to visit online casinos. For example, free bonuses no deposit required are a good deal for new players since they get to try out games without spending their own money.
Types of Casino Bonuses
- Registration Bonuses
- Deposit Bonuses
- Free Spins
- Referral Bonuses
- Loyalty Points
Registration & Deposit Bonuses and Free Spins
A registration bonus is essentially a welcome gift. It is awarded following a successful registration and activation of a player's account. Important: The welcome bonus is not based on a first deposit but is not withdrawable. A second welcome bonus is the deposit bonus, which is directly based on the deposit. The bonus is usually awarded in the form of a percentage of the deposit. The total bonus value is, therefore, dependent on the deposit. Like the registration bonus, it cannot be cashed out but can be used for every game, as a way of getting accustomed to the casino.
In some casinos, even a second deposit can be recompensed with a deposit bonus. Free spins are real earnings of the player. These can be achieved with already possessed capital. For slot machines, free spins are present. The quantity varies according to the win. The players are able to receive 5, 20, or 30 free spins. In most cases, the casino offers 10 free spins. There are no wagers made during the free spins, and the award is 100% to the player.
Referral Bonuses and Loyalty Points
The concept of referral bonuses is as popular as it is controversial. There are numerous advantages from the operator's perspective. Referral programs also advantage gamblers greatly. Existing customers typically receive a bonus for recommending the casino to others.
The catch: The bonus usually only activates after the friend accepts the invitation, registers, and makes a deposit. In this case, the casino most frequently offers a double bonus, so both the referring customer and the friend receive a bonus.
Loyalty points are rarer. Most casinos focus on the bonuses described above. Even so, loyalty points do still exist. They are awarded to players who, for example, log in daily or play for a specific amount of time each day. Players who deposit large amounts of money or perform other actions can also benefit from loyalty bonuses. This type of bonus is therefore aimed mainly at long-term players.
What to Keep in Mind
Sometimes a bonus is only awarded or paid out after a period of cooperation. Since this is not always immediately apparent, it's a good idea to take a glance at the terms and conditions (T&Cs). Extremely attractive bonuses can sometimes be suspicious. Always take note of the legal fine points, such as ensuring that the casino has a properly completed imprint (legal contact information), offers support in your language, and possesses a valid license.
Phantom credit, as it is called, is not credit in reality. The casinos offer bonuses that cannot be cashed out. The amount can be withdrawn only if the player wins more than the phantom credit. In such a case, the excess over the phantom credit is withdrawable. The bonus may remain in the account of the player or be canceled altogether.
It is also common that the bonus is restricted to a certain period of time. This urges the players to deposit and act on the site as quickly as possible. A player who is set on obtaining a particular bonus ought not to tarry. Some bonuses are also game or category specific. Some, for instance, can be played only on slot machines. This may not be convenient for a player who is looking for games like roulette or blackjack.
Wagering Requirements
Wagering requirements matter. It is possible to receive a bonus with wagering requirements. In order to make the bonus withdrawable, players typically need to wager the bonus 30 or 40 times before it can be withdrawn. One needs to read both the T&Cs as well as the specific terms for the bonuses so that there is no confusion with the wagering requirements. After all, such bonuses aren't really a true opportunity to derive an edge from the gift.
