There are many kinds of online casino bonuses offered by the various online casinos which frequently cause uncertainty of money, hassles, and unnecessary confusion if you are not familiar with the functionality and operations of the online casinos, what they are and how they work. Here I’ll try to shortly explain the most popular types of bonuses.
Firstly and uttermost important all bonuses have some play through requirements to fulfill before you can cash out any winnings. You must ensure to know which games concur to the bonus wagering requirements, as usually several will not. A 20 x deposit wagering requirement for welcome roulette bonuses means that you need to play the deposit amount (e.g. £100) 20 times in order to withdraw the bonus amount. In other words you will have to bet £100 x 20 which is £2,000. Terms regarding game restrictions for this specific bonus require you only play on roulette, so stakes/bets placed on other games such as blackjack, baccarat or slot games will not contribute to the fulfillment of the requirements.
Bonuses are the way online casinos use to attract new players and entice the existing ones to deposit again and again. No-deposit bonus online casinos are for sure the most succeeding in attracting new gamblers from all over the world as the result of their bonus features and completely free cash play. Other popular bonuses are the sign up bonus, the loyalty bonus and the referral bonus. Casinos, similar to other kinds of business, rely entirely on their customers for their profits, otherwise they quit their operations very quickly. It is imperative for online casinos to keep the existing customers as well as to welcome new customers and bonuses are the most effective way to do that. The bonuses are usually transferred directly into your bankroll, available to be bet on all your preferred games immediately.
Let’s see in some more details these three popular bonus offers.
First-time Deposit Casino Bonus (Sign up Bonus)
As the name suggests, these bonuses are earned by registering / depositing for the first time at the online casino. Circumstances and conditions vary from casino to casino (different bonus schemes merely depend on the casino management). A 25% deposit bonus means that if you deposit $1000, you get a further $250 on your account at the time of registration, therefore you can play with $1250. Usual sign up bonus offers are 100% deposit bonus or match deposit offers, but you can also find 200% deposit bonuses or even more.
Loyalty Casino Bonus
A loyal and regular client will earn this sort of bonus. There are some conditions for you to be considered a loyal client though – playing very frequently, handling certain amount of cash, depositing/withdrawing cash to/from your bankroll very often, etc. Doing that many casinos will add a further percentage bonus of your current balance to your bankroll. More often, frequent and larger bets are rewarded with points, sometimes referred to as comp points, which can then be transformed in free chips or casino merchandise.
VIP clients or High-Rollers (those betting large amounts of money, the big spenders) are those treated better in this sense and may favor of even more specific bonuses and promotions. And they well deserve that. They hard earned their status after all.
Referring a friend or a colleague you get a bonus as well, as long as your friend (or anyone else) mentions you as his/her referral. This kind of bonus is of a completely different nature and you can often withdraw the amount without any wagering requirement to fulfill. It is more or less expression of the gratitude of the online casino for the added business you have brought.