A Review On Bonus Guide
Online casinos are gaining popularity because they offer big bonuses. Most online casinos offer sign-up bonuses and other promotions to attract more players. Bonuses are the best marketing tool to target the gambling market. Casinos know this so you should shop around before you choose a site.
The good news is we’re here to teach you about the different types of bonuses offered in online casinos. Read up and find out how you can capitalize on these bonuses.
This is the most common type of bonus online casinos offer because online casinos are able to moderate a lot of the risk associated with giving out free money.
Percentage based match bonuses require players to deposit a minimum amount of money in order to receive match bonuses. So when you win, the casino matches your winnings to a specific percentage.
Different online casinos offer different amounts of matching bonuses. And many casinos change their bonus strategies to try out new promotions. Below are some examples of match bonuses:
50% Match Bonus.
If a casino offers this kind of bonus, it means that you'll receive an additional 50% bonus credited to your account when you make a deposit. For instance, if you deposit $500, the casino will add $250 dollars. So your initial bankroll credit will be $750. Sweet right?
100% Match Bonus
This is the most common percentage bonus offered online since this is the most fair option for both the players and the casino. This bonus is structured in a way that you receive a 100% bonus on top of your deposit.
Sounds good right? What's the catch you ask? The 100% match bonus only applies to certain amounts. So let's say the bonus is a 100% match bonus up to $300 free, if you were to deposit $100, you'd get $100 free but if you were to deposit $400, you'd still get $300 since this is the cap amount.
200% Match Bonus
Since online casinos are at higher risk when it comes to giving out bonuses over 100%, this is not common and is usually done in small increments only.
No Deposit Bonuses
It's rare to find online casinos that offer no deposit bonuses because they are more vulnerable to player abuse.
A no deposit bonus means that a player can start playing by simply downloading the software, installing it, and registering with a real money account. It was initially designed to attract sceptics who were too afraid to play real money at an online casino.
This bonus only comes in small amounts since the casino is basically giving you free money.
It's also important to note that online casinos impose strict wagering requirements when you grab this bonus. This is to control the associated risks.
Monthly and Weekly Bonuses
This is another kind of bonus that only online casinos offer. This works similarly to a match bonus where you receive a certain percentage of the amount you deposit based upon a certain maximum amount as well.
This type of bonus can be claimed once a month or within a specific period of time set by the casino. Monthly and weekly bonuses are not available in all online casinos.
A banking bonus is offered to encourage players to use methods of payment other than credit cards. This is because some online casinos have a hard time processing credit card transactions. Or a casino might want to avoid dealing with unreliable processors due to specific issues attached to processing their gambling transactions.
First time players usually use their credit cards to deposit money at online casinos. However, if the transaction is not approved, the player might see this as a sign that the casino is unreliable or doesn't work properly.
Hence, online casinos offer alternative banking options and bonuses. Say for example, you deposit $200 and the casino offers a 100% match bonus up to $200 and also has 20% banking bonus if you pay through Click2pay or NETeller. If you use all these techniques, you'll have a total of $440 in your bank account available to spend at the casino.
High Roller Bonuses
High rollers are usually given special privileges because of their willingness to spend more. This type of bonus ranges from 40-50% of the amount deposited.
Refer A Friend Bonus
Online casinos thrive because of new players that come in on a regular basis. Hence, online casinos give incentives to players who refer a friend who opens an account and plays. These bonuses are in the form of casino credits that are placed in your existing casino account.
Loyalty Reward Bonuses
Online casinos are very competitive. They need to retain players, so they offer loyalty reward bonuses to keep their customers happy and satisfied. Loyalty reward bonuses are usually accumulated and can be converted to casino credits that can be used to play with in the casino.
With all the different types of bonuses online casinos offer, it can be quite overwhelming to choose one. It's important that you read the terms and fine print of these bonuses as well as the wagering requirements to ensure that you don't get scammed. You want to make the most of your money,right?
One more important thing, bonuses can be used to play at the casino only and are not available for cash withdrawals. Try it now and get any of these bonuses.