Understand the Rules First

Before you use any casino bonus offer, you need to first read the rules and the conditions since some operators tie them to specific games or conditions. For instance, if you make deposits using a slots-only bonus code, you must play slot machine games to release that particular bonus from your pending cash account to your real money account. Reading the terms and conditions will help you avoid going against the laid down withdrawal conditions. Some of the rewards even become obsolete if you withdraw before you receive your total bonus.

How Online Casino Bonuses Work

Online casino bonuses are simple to understand. After making the first deposit, most online casinos often match it by a given fraction. The amount majorly depends on two factors namely: the value of the money and the percentage awarded. For instance, a casino might offer a 100% bonus up to 500 dollars.

But you may want to question why online casinos give away free money in the form of bonuses. Well, the answer is quite simple. These casinos do not have as many overheads as their land-based counterparts. Besides, there’s a lot more competition online which therefore prompts industry players to offer their users some incentive to join them.

Bonuses offer you a great opportunity to play your favorite games on free money or with more than just your bankroll. Bonuses can either be given automatically to you (as in the case of welcome bonuses) or require you to apply a given bonus code for it to be released to your account.

Types of Online Casino Bonuses

No Deposit or No Cash Bonuses

Just as the name suggests, these bonuses are usually given to you free of charge and won’t even require you to make a deposit upfront. All you need is to sign up and/or enter a given bonus code to begin placing your free bets, normally up to the value of the reward. However, it’s important to note that you mostly may be unable to cash out until you deposit some funds or have stacked real money many times greater than the value of the incentive. No deposit bonuses are considered ideal for newcomers. On the downside, most of them carry huge wagering requirements.

Welcome Bonuses

These bonuses often come in two forms; straight cash bonuses or as percentage bonuses. However, what matters the most are the wager through requirements which tend to differ from one casino to the other. As such, be sure to check out for any related terms before accepting a welcome bonus offer.

Loyalty Bonuses

Most casinos offer deposit bonuses to existing customers in an attempt to retain them. Typically, the size of these bonuses depends on the loyalty ratings of the players. They are also, in most cases, subject to various conditions including specified wagering requirements.

Reload Bonuses

These bonuses are aimed at keeping regular gamblers interested in returning to a particular casino as well as making more deposits. In essence, they work like welcome bonuses and can either be matching or percentage deposit bonuses.

Refer-a-Friend Bonuses

Just as the name suggests, you earn some money every time you successfully invite your friends to an online casino. In a majority of cases, they have to sign up, make a deposit, or do both for you to get rewarded.

Cash-Back Bonuses

In this case, casinos give back a specified percentage of money lost in a game to their players. For example, if a casino offers a 20% cash-back bonus, it means that you get back $20 every time you lose $100 in a game.

Unlocking Your Bonuses

As mentioned earlier, online casinos, like all other business have to target to make some profits to sustain themselves. As such, a majority of them set some requirements which players need to meet so they can unlock the bonuses they offer. For example, a majority of bonuses come with rollover requirements where a rollover is the multiple of the bonus and deposit amount. For others, you need to meet specific wagering requirements before you can cash out. Fortunately, unlocking bonuses doesn’t always have to be a difficult task especially once you have familiarized yourself with the casino’s guidelines and rules.

Conclusion

One of the beauties of playing online casino games is that you can get rewarded for playing. However, it is important to understand the terms and conditions attached to these rewards in order for you to maximize them. Besides, always remember that these bonuses vary widely from one casino to another. For this reason, we publish on a daily basis numerous impressive bonuses which you can take advantage of.

Looking for a great casino bonus? You might want to check some of the ones we recommend here.

Beginners Guide to Casinos