2020-11-14
1424
4 min read
Types of Online Casino Bonuses
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Modern online casinos are competing every day. To steal new players, they need to deliver better customer support, create extra-convenient mobile interfaces, and most importantly, provide gamblers with lucrative and really profitable bonuses.
Since casino bonuses have become one of the most important parts of the marketing strategy of every online gambling house, casinos attract players` attention with more and more lucrative gifts. Unfortunately, these bonuses are not always fair.
My vast experience as a dealer and gambler allows me to see right through all dishonest online casinos and their unfair bonus terms. My goal is to share this precious experience with you to reduce the influence of cheating online casinos to the gambling industry.
Before we get to the instructions on how to choose a fair bonus within a trustworthy online casino, let me describe the basic information about this online gambling feature. First of all, you need to know which types of bonuses are there and how they differ. Let us start with the offers for newly registered players (also known as welcome bonuses):
- Deposit bonus. The most popular and common type of online casino welcome bonuses. The amount of such a bonus is usually measured in per cent, which will be added to your first deposit. For example, a 100% welcome bonus will double your initial deposit.
- Free spins. The best present for pokies fans. This type of welcome bonus is pretty simple — you just get the opportunity to spin particular pokies for free (a set number of times, of course). Free spins might be added to a deposit bonus or appear as a stand-alone promotion.
- No deposit bonus. This type of welcome bonus can be found much rarely compared to previous ones. No deposit bonus gives you some amount of cash (usually not more than 5–10 AUD) just after the registration.
Online casinos compete not only in attracting new players but also in keeping them loyal. That is why loyalty programs for regular customers are very popular within online casinos too. Here are some examples of such bonuses a regular customer can get from an online casino:
- Reload bonus. You will be rewarded with additional money, free spins or other promotions for making more than one deposit. The bonus creates motivation to keep playing in one online casino instead of changing gambling houses in pursuit of new welcome bonuses.
- Cashback bonus. You can get some compensation for your losses within an online casino. This bonus seems to be an apology from a gambling house for those players who have had the worst luck. The bonus is usually paid to your account as a certain per cent of your lost bets within some period of time.
- VIP bonus. You can become a part of an elite club of an online casino. This status usually provides you with special bonuses, promotions, higher cashback, tickets to gambling events and so on.
Guide to Finding Your Perfect Online Casino Bonus
The most common mistake of a newbie gambler is to opt for a bonus with the highest numbers. However, it is always better to choose a 100% matching bonus in a trustworthy online casino than a 500% offer in a shady gambling house. The main point is the guarantee to wager and withdraw your bonus, not just its amount.
How to distinguish a reliable online casino with worthy offers from a cheating one? I will share my instruction for bonus evaluation that includes 6 simple steps. You can apply these criteria to each online casino you meet:
6 steps to evaluate an online casino bonus:
- ⚖️Pay attention to wagering requirements
- 🎰Look at the set of games to wager the bonus
- 💵Check the limits for deposits and bets
- 💳Learn the available payment options
- 💸Find out the cashout limitations for bonus funds
- ⌛️Choose bonuses with a longer validity period
Do you find these steps too difficult? There is an alternative option for those who value their time and effort — my list of the best online casinos. The members of this list are already checked by me personally, and I can guarantee their reliability. Here are some examples of these selected online casinos in various bonus-related nominations:
Another way to find your perfect online casino with an exclusive offer is to filter the list on my website. You can either sort online casino by the newest bonuses or top-rated offers. You can now choose the bonus from hundreds of opportunities!
1. Pay attention to wagering requirements
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A wagering requirement is basically the number of times you need to bet before you can withdraw your winnings. Obviously, there are no bonuses without wagering requirements. It means that you cannot claim the bonus and withdraw it immediately just because in this case, online casinos would go bankrupt very fast.
Wagering requirements for each bonus are usually stated in the Terms & Conditions of the corresponding online casino. They can vary from 10x to 100x or even more. My experience says that only bonuses with 40x wagering requirements or lower are worth claiming. Higher WR is usually too boring and wastes your time.
Another important thing to mention is that welcome package funds and free spins might have different wagering requirements. That is why it is always important to read T&C before depositing any money to an online casino.
2. Look at the set of games to wager the bonus
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Unfortunately, you can never use your bonuses within all the variety of gambling activities of an online casino. Moreover, there is usually a very limited set of games where you can use your extra funds or free spins.
In this context, it is essential to determine whether you want to play the games provided within the bonus terms. Take into account that bonuses never include live games and can be very rarely applied to table games. Basically, the casino offers often cover only certain pokies.
If you want to use bonuses as an opportunity to try out new games, I can offer you a better idea. Play free demos of online casino games within my website or within a gambling house of your choice and gain more experience and confidence for free. You would not have a chance to win money by playing free demos, but the knowledge and skills you acquire will surely bring you much more winnings in the future.
3. Check the limits for deposits and bets
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Limits for deposits and bets are additional requirements you need to check before taking your real money to an online casino. First of all, pay attention to the minimum deposit. Basically, it shows the minimum limit of funds you can deposit to your online casino account. It should not be too high and is often set to 10 AUD or 20 AUD.
Bet limits, on the contrary, restrict the maximum amount of money you can spend for one bet. Online casinos usually restrict bets higher than 2 AUD for one game round in order to prolong the use of your bonuses. Do not forget to check bet limits. Otherwise, they can spoil your whole gambling experience by constantly betting 0.1 AUD.
4. Learn the available payment options
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This point may seem obvious, but many newbie gamblers underestimate its importance. The main trick is that depositing payment methods do not necessarily match the withdrawal options. It means that if you deposit funds with Neteller, this fact does not guarantee that you can cash out with Neteller too.
Always perform the check of depositing and withdrawal methods before you transfer funds to your online casino account. Moreover, double-check the Terms & Conditions because they can include additional requirements for the withdrawal of bonus funds.
5. Find out the cashout limitations for bonus funds
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Some online casinos give bonus funds with strict withdrawal limitations. In other words, it might appear that you cannot cash out the presented funds even if you meet all wagering and other requirements. In this case, you will be eligible to withdraw only your winnings, except the extra funds provided by a casino.
This feature might not be a decisive one, but I strongly recommend checking Terms & Conditions on this matter to avoid any frustration by the time you would be ready to cash out your winnings.
6. Choose bonuses with a longer validity period
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The last but definitely not the least requirement for bonus funds and free spins is their validity period. Putting it simply, each bonus from an online casino has a limited period of time during which you can use it. When the time expires, unused bonuses disappear too.
Take into account that some bonuses are limited with a very short period of time, for example with 24 hours. Reliable online casinos usually allow their players at least 72 hours to wager the bonuses. I always prefer not to hurry up when it comes to online gambling. That is why I recommend choosing online casinos with a longer validity period for bonuses.
How to Claim a Casino Bonus Properly
To the guide
I hope you now have everything you need to choose your perfect online casino with a bonus that suits your needs. Let me give you further basic instruction on how to claim your gifts within an online casino:
- First of all, you will need an account in an online casino. Register or sign in.
- Make your first deposit visiting the Deposit or Banking menu within your profile. Do not forget to check the T&C for wagering requirements and other limitations.
- Visit Promotions (or similarly named page) of the online casino and find the way to get your bonus. Most online casinos make it pretty simple and convenient for their users.
- Use promo code if you have received it via email from the administration after the registration.
- Profit! Enjoy your bonus funds and free spins to test your luck!
Keep Your Gambling Experience Safe
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Gamblers get used to taking risks. However, some risks are better to be avoided by any gambler. These risks are connected with fraudulent online casinos that you can meet within your gambling experience.
I recommend playing only in licensed online casinos to avoid unnecessary risks of fraud and personal data leak. Only proven online casinos can guarantee the safety of your personal information and ensure a fair gambling process by means of licensed software with clear RTP rates.
There are two ways I can help you with avoiding fraud online casinos:
Feel free to check both of these lists before you deposit your funds to any new or even already known online casino.
The most useful links based on players feedback
Conclusion
To the guide
Free stuff is always a pleasure. Online casinos have created their bonus offers to attract gamblers and to show how they care about customers` satisfaction. Unfortunately, there still are fraud gambling houses that use lucrative bonuses as another cheating tool for inexperienced players.
Luckily, you have my website to save time and effort on searching fair bonuses and trustworthy online casinos. Check my list of the best gambling houses and find your best option with the most suitable bonus!
