Online casinos offer a variety of different bonuses to attract new and keep the old players coming back. These can prove to be very useful to the players and they can sometimes add up and become a jumping-off point for a winning streak.
There are a few different types of bonuses out there and it’s important for you as a player to learn about them and what makes them unique. That will allow you to take advantage of the casino policy as much as you can.
Every online casino bonus guide needs to start with the most common and important of bonuses offered by almost every casino – a welcome bonus. That’s the bonus that the casino offers to a new player when they are just getting started.
Sometimes these bonuses are related to the initial deposit that you make into your account once you sign up. The casinos tend to double these, but in some cases, you can even get 500% of your initial deposit. Other casinos offer a bonus regardless of your deposit as a one-time payment.
No deposit bonuses
No deposit bonuses are also welcome bonuses that don’t require a player to make the deposit in order to be eligible. This means that you can play on the house at least to some extent or at least for the amount that you’ve got as a bonus. It’s an especially useful bonus for the new and inexperienced players.
Using this bonus allows you to try the game out and figure out how to play it and what your options are without having to lose any of your own money in the process. It’s also useful for the casinos since the new players tend to come back.
This is another common bonus that many casinos use. It’s often used to promote new slots and there’s a time limit during which the bonus is available. The player needs to make their own deposit and play a game and the bonus will multiple the winnings they make.
For the most part, the reward is in doubling or tripling the winnings but there are bigger bonuses as well. For instance, some casinos offer to increase your winnings 100 times, but there’s usually a limit as to how much you can bet in order to be eligible for these bonuses.
The bonuses we’ve mentioned so far are targeting new players. Loyalty bonuses on the other hand are there for the players that have been with the casino for a while and rewarding that fact is their main goal. There are a few main ways to accomplish this.
-A casino can institute loyalty points based on how long you’ve been playing and how much you’ve spent
-There can be a level-up system that’s sort of a game within a game allowing you to move through ranks over time.
-Daily and weekly missions and challenges are also common.
Referral bonuses are another tool for bringing in new players to the casinos. The bonus is awarded to those who refer new players to the casino and bring them into the fold. It’s often expected for a new player to actually make a deposit before you can get a bonus for referring them.
These bonuses aren’t that common and not all casinos offer them. Many casinos feel that these bonuses aren’t worth it unless the players bring in high rollers that will end up being worth a lot to the casino. However, if you find a casino that offers such a bonus, you should take advantage of it.
Rewards for High Rollers
Some casinos have bonuses that are made to attract only high-end players. These are rare because so are the players that can bet at that level. Bonuses made for these players are rarely about the money. Instead, they consist of perks that other players can’t have access to.
This includes access to exclusive tournaments, and the ability to play on the house at least up to spending a certain amount. However, there’s no rule as to what makes a high roller and every casino has the definition of its own.
Cashback bonuses are one of the most common bonuses casinos have to offer. They are simple enough and work as their name implies. The casino gives back some of the cash you’ve lost after making a losing bet.
This is a feature of online casinos more than those that are land-based even though some land-based casinos have started using this bonus as a way to attract more clients, recently. For the most part, you’ll get a portion of your losings back, and sometimes you can withdraw them while in other cases, they can be used in-game only.
To Sum Up
Bonuses are used by the casinos to attract new players, reward those who are loyal, and provide special features for high rollers that bring profit and prestige to the casinos they play in. There are different kinds of bonuses and they target different demographics of players.
The players need to understand what bonuses apply to them and how to use them. A well-placed bonus can help a new player get a good start and in some cases, it can help you recover your losses after a few bad bets. They are therefore an important asset for both the casinos and the players.