Different Online Casino Bonuses That Make Gambling a Genuine Habit

Traditional gambling was associated with limited number of land-based casinos and a few gamblers found at those establishments. The advent of online casino playing has not only raised the bar of gambling, but has also involved people from all sections of society. As a result, online casinos are growing in number, facing tough competition from one another. Online casino bonuses are the ways discovered by casinos on internet to attract more traffic of online gamblers that are simultaneously benefited by these bonuses. The following discussion highlights the most popular type of bonuses offered by online casinos.

Sign-up Welcome Bonuses

Upon joining an online casino, one can expect a warm welcome in the form of sign-up bonus. Also known as new player bonus, the amount is decided on the basis of amount deposited by the player and the bonus amount is paid as a fixed part every month.

Promotion Bonuses

Though most of the bonuses offered by online casinos are meant to publicize the gambling destination, the exact promotion bonus is sometimes offered in the form of free play casinos. The bonus is generally offered by a newly launched online casino for a limited period of time. By doing so, the casino can earn permanent registered members and also, make these members familiar with the useful aspects of the casino.

No Deposit Bonuses

Similar to the promotion bonuses no-deposit bonuses also allow the players to gamble free of cost. In fact, an additional advantage is offered in this category of bonuses, as the casino deposit a limited sum of money in the player’s account, enabling him or her to participate in some advanced casino games. This allows the players to test the proficiency of games offered by the casino online.

Referral Bonuses

After enjoying the sign-up bonus or promotion bonus with an online casino, you can have another type of bonus by referring the casino to your friends and other people interested in online gambling. If one of these people registers with the online casino, these gambling destinations are happy to provide you with referral bonuses.

Match Bonuses

One ca consider match bonuses to be the most attractive ones, as the player is provided with exact bonus amount as the money deposited by him or her in the gambling account. For instance, $200 will be the match bonus amount, if you deposit $200 in your gambling account on registering with an online casino.

Other Types of Online Casino Bonuses

o Reload bonuses are offered by online casinos retain its existing members by offering a new bonus in a particular month. So, the player is prevented from leaving the online casino before waiting for the bonus month.

o Sticky bonus is one in which the player is allowed to bet using the money deposited by the casino in his or her account, but the player is not allowed to withdraw the bonus money. The player can withdraw the money earned by him or her using that bonus money after which it is removed from the account.

o Loyalty bonuses are offered by an online casino to those players, who remain its members for long period of time.

o High roller status bonus is offered to the players, who attain this status by depositing an impressive money (preferably, more than $1000) in the gambling account.

o Finally, the preferred deposit bonuses are offered to players, who choose to deposit money through ways most preferred by the online casino.

As you can see, online casinos leave no stone unturned to make one a privileged customer. So, it is no more a taboo to be a gambler with casinos that are operated online.

Introduction to Online Casino Bonuses

The online casino system has grown tremendously in the last decade or so that it has been in existence – to a point where it is almost surpassing the brick and mortar casino system of the fore. Indeed, though hard statistics are hard to come by, chances are that at this point in time, there are more regular casino players who play on online casinos than there are playing in the traditional brick and mortar casinos. Comparing in terms of playing volumes (amounts of money deposited and winnings earned), online casinos are also likely to win over brick and mortar casinos hands down.

Now one of the greatest attractions that have drawn so many people into online casinos is the bonuses they offer.

The way the online casino bonuses work is such that for every amount of ‘playing money’ money one deposits into the online casino, the casino -or the ‘house’ as the casino is known in these circles – tops up with a certain amount. This way, a person who deposits $100 into the casino, for instance, might find the ‘house’ topping their $100 deposit with another $20, so that thanks to the online casino bonuses system, such a person gets to play as much as they would have played had they deposited $120 into the casino, for playing purposes.

Online casino bonuses can therefore be seen as the online casino’s concept of a ‘discount on purchase’ where for every amount of ‘playing service’ a player purchases, they are given some more of the same service, for free.

Every online casino that offers a bonus typically does so under its own well thought out system, so that we end up with a situation where ‘all online casino deposits are not equal.’ Indeed, examining the various bonuses that online casinos offer, we might end up with a situation where armed with a scoring criteria, we can rank the various online casino bonuses from the ‘mediocre’ to the ‘ordinary’ and onto the best casino bonuses.

For the most part, the best casino bonuses tend to be stated in percentages (like where the ‘house’ offers to top up every amount deposited into the casino account with a fixed percentage of it, say 5 or 10 percent). Of course, there are some online casinos that state their bonuses in fixed dollar amounts (like where for every $100 deposited, they top up with $10), and these too, can turn out to be great in some cases.

Most online casinos that offer bonuses typically put a limit to the amounts onto which they pay the bonuses, so that – for instance, for every $100 deposited, the ‘house’ tops up with 10%, but only up to a maximum of $100. Now with regard to these limits, the best casino bonuses will tend to be those that apply to the greatest amounts of money, so that even if you deposit a huge amount of money, you can still be in a position to enjoy the bonus. The opposite of these, of course, are the severely limited online casino bonuses, which apply only for modest deposits, where every deposit above such and such an amount is not subject to the bonus.

Online Casino Bonuses 101

You’ve probably seen that most online casinos advertisements usually offer some sort of bonus or FREE money to get you to start playing there. Like most things in the world, nothing really comes free, so before you start claiming this free money and then getting upset that you’ve been scammed, I suggest you keep reading and see how this all works.

First of all, you may ask; why do online casinos even offer this “free” money?

It’s part of their marketing and differentiation strategy. In a nutshell, online casinos are generally “skins” of a specific software provider, so actually behind the different owner, graphics, licensing etc under the bonnet there’s not much difference between let’s say all Playtech powered casinos, or all Microgaming powered ones.

So, if they are mostly the same below the hood, there needs to be some sort of difference which will convince you to play at “X” online casino and not “Y”. Besides the graphics, licensing, support and reputation, another way to pitch to potential players is by giving them something, in this case, a bonus.

Having put that out of the way, the next question you might ask yourself is: OK, so Casino X is offering $5,000 free, maybe I’ll sign up, take my $5,000, play them out and go on to Casino Y.

The answer here is pretty simple as well. In order to claim bonuses at at an online casino, you will usually need to make a deposit, unless it’s specifically stated that you don’t, but we’ll get to that later.

Before we sink into the beef of the different types of bonuses offered at online casinos, here are a few extra terms and points you should be aware of, so you can clarify them with a support representative before claiming a bonus, just so you know where you stand and what you’re claiming.

1. Wagering requirements: Most bonuses have wagering or playthrough requirements, meaning that you need to play a certain amount before you can withdraw winning from your account. On average wagering requirements are usually between 15 to 40 times, however pay attention to what you are required to wager. In some cases it will be just the bonus times X and in others you will need to wager the bonus + your deposit amount X times. The latter by the way is more common.

Another tidbit you should pay attention to with regards to wagering requirements is, that at most online casinos, if you request a withdrawal before you have completed the wagering requirements, all your winnings to date will be void. Not really fair, but this is reality.

2. Games played: Make sure you read the T&Cs in this case. Because slots games are generally the most profitable games for online casinos, many bonuses tend to be valid only for slots games. Usually scratch cards and keno will comply with this rule.

In other cases, you will be allowed to play your bonus on all games; however not all games will count 100% towards the playthrough requirements. For example play on slots will count 100% but roulette will only count 30%, meaning that you will actually need to wager over three times more in order to clear the wagering requirements and withdraw your winnings.

3. Minimum deposit requirement: In most cases, in order to claim a bonus you will be required to make a minimum deposit, which again can vary. It’s generally a small amount which you will probably deposit anyway. It’s usually not over $50.

Now that we’re all on the same page and speaking the same language, it’s time we went through the main types of bonuses available at most online casinos.

1. A Match bonus is the most common type of bonus. For every $ you deposit, you will be credited X% of what you deposited by the casino. So, if, for example, casino Z is offering a 100% match bonus, deposit $100 and the casino will give you an extra $100 in bonus money. This means that actually start playing at the casino with $200. Match bonuses are almost always limited to a certain maximum bonus amount you can claim. A match bonus can be a standalone bonus as part of a promotion (more common at US friendly online casinos) and/or as part of the welcome bonus

2. A welcome bonus is generally offered by most, if not all, online casinos to new players who sign up and make their first deposit at the casino. The welcome bonus is the sum of all the possible match bonuses you can accumulate as a new player at the casino over a specific period of time, or within your first X deposits, or a mix of the two; so if a casino advertises a $3000 welcome bonus, it’s actually the maximum you can get with the 1st deposit bonus, second deposit bonus, monthly bonus etc, where if you deposit the maximum amount of each match bonus, you can reach the advertised welcome bonus. If you deposit less than needed for the maximum bonus in each stage, you won’t reach the amount advertised in the welcome bonus. So, in fact, the welcome bonus advertised is the MAXIMIUM amount you can claim in bonus money during your first period of playing at the casino.

3. A No deposit bonus is pretty self-explanatory. It’s a bonus you receive from an online casino which will enable you to play real money games without having to make a deposit. This is a great tool for online casinos to acquire new players as it lets them try out the casino without having to make a deposit. In some countries it helps solve the “trust” issue casino players have with online casinos. Many players who feel comfortable depositing and playing at one online casino will be wary when trying out another one they’ve never played at. Other players don’t want to make a deposit without trying out the software and games so a no deposit bonus can definitely help here. Some online casinos give no deposit bonuses as part of their standard offering and others steer well away from such bonuses as they claim that they tend to attract the wrong type of players, i.e. players who have no intention of playing for real money in the first place and that it just puts a strain on the support team with no actual outcome. I think that the truth is probably somewhere in the middle and that people claim no deposit bonuses for different reasons.

No deposit bonuses are generally for a pretty small amount, usually $10-$15 and they are either offered to potential clients directly by the casino or by websites affiliated with them. No deposit bonuses also have wagering requirements you need to complete before you are able to withdraw your winnings if you’ve been lucky.

4. Sticky/Play only bonuses are bonuses which you cannot withdraw from your account. If you get lucky and win and request a withdrawal, the bonus amount you received will be deducted off your winnings. Let’s say you claimed a $50 sticky bonus and got lucky bringing your account balance to $500. Now you would like to withdraw your winnings and go celebrate with friends. The online casino will only allow you to withdraw $550 from your players account and $50, which is the sticky bonus amount, will be void. Play only bonuses are usually larger than match bonuses and the wagering requirements lower.

5. Payment method bonus: This is something that was initially common at Playtech powered casinos and has spread to many others as well over the years. Besides depositing at an online casino with your credit or debit card, there are many electronic options most of which offer instant fund transfers without the associated hassle and high fees. Many of these alternative payment methods, as they are widely called, offer their services to people without a credit check and you can transfer money from your bank account discreetly. Some are even pre-paid cards you can buy at a kiosk. Just for using these alternative payment methods you can receive an extra 10-15% bonus on every deposit you make in addition to any other bonus you claim. Be sure to check the cashier section before you sign up to an online casino you’ve never played at as this can definitely be to your advantage.

6. Most online casinos have a Loyalty/VIP Club scheme where you can redeem bonuses in return for points you accumulated while playing. The more you play, the more points you earn and the better the point-bonus conversion rate becomes.

It is always important to check the specific T&Cs at the online casino you’re playing or plan to play at because often you will not be allowed to withdraw the bonus amount or the bonus amount can be docked off your winnings.

OK, so I’m pretty sure you’re now thinking how to take advantage of all this good, so here’s the flip side of the card. Online casinos are extremely sensitive to bonus abuse, also known as bonus whoring, by players. Just like you can get expelled from a land based casino for counting cards for example, you can also get your players account locked at an online casino at the first suspicion they have of bonus abuse. You need to remember that at the end of the day gambling is entertainment and is supposed to be fun and exciting. It’s not a day job and you can’t really earn money at the casino. Bonuses add to the fun and excitements and at the end of the day, are only a marketing tool. Claim them, have fun with them, increase your excitement but don’t expect log out richer.