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Advanced Guide to Online Casino Bonuses
There are many types of online casino bonuses, here's a quick brief about the many types of them, including sign up bonus, no deposit bonus, free spins bonus, high roller bonus and more.
Online casinos can now be found all over the internet, with hundreds of them all trying to grab the attention of potential players. This competition is actually of great benefit for customers, as the casinos now offer a multitude of bonus and promotions designed to first of all get people to sign up and deposit funds, and then to keep them coming back for more by offering further bonuses to their loyal customers. However, all may not be as it seems.
Most online casinos will advertise their latest offers prominently on the homepage, so one of the first things a visitor will see is how much they could get when they join up. This can range from a few $'s to a few $1000's, or from 50% to maybe 500% of the first deposit amount. But don't just take these at face value, as the terms and conditions attached to these bonuses often mean that you will not receive as much as you first thought you would.
There is usually an upper limit to the value of the first deposit bonus, as well as a minimum amount that must be wagered on the games before you can claim the bonus funds, or withdraw any money from your account. Typically, the combined values of the deposit and bonus must be wagered several times over before any winnings can be cashed out, while the bonus is normally in the form of credits that can be used to play the games, but never actually withdrawn. This is largely to prevent anyone from depositing money, claiming the bonus, and then cashing it all out straight away. Players will also need to be aware of any codes that will need to be entered to claim the bonus, although these are often prominently displayed.
Wagering requirements will often vary from game to game, so while $10 spent on slots may contribute $10 towards this requirement, the same money spent on Roulette may only count for $1 towards it.
By reading the terms and conditions attached to the bonus, you should get a good idea of whether or not it will be of any benefit to you. A $5000 bonus that has such restrictive terms that it can't be claimed is actually a $0 one, but often people will not realize that until after they have signed up and wagered at the casino. So always understand what you need to do to get the funds paid out.
One form of welcome bonus that is always nice to see is a no-deposit offer, where the casino will release bonus funds into your player account before you have even paid any of your own money into it. While these will also be subject to certain conditions, you have nothing to lose by playing games with it, and perhaps some good winnings can be made.
Some casinos offer special High Roller bonuses for anyone wanting to deposit larger sums. These can be particularly generous, with added benefits like a personal account manager, or invitations to VIP events.
Refer a Friend bonuses are increasingly common. To get these, a player just needs to tell someone they know about the casino and once that friend has signed up and deposited funds into a casino account, the one who referred them gets a small bonus as a 'Thank You' gesture.
Other bonuses may be found in the form of free spins, where a customer gets to play a certain game at no cost, or free tournament entry during the first few days following registration.
Good online casinos will change their bonus offers frequently, so if you see a good deal, don't miss out on it, while conversely, if a casinos offer seems poor, come back next week and they may have a new and improved one.