Collecting your bonus from an online casino is one of the most exciting parts about playing. You can get enticed with plenty of different offers after signing up to play at an online casino which you may not get at a brick and mortar casino. You’ll usually get a welcome bonus when you first create an account with any online casino, which can vary from a wide range of different bonuses to use on casino games.
There are a number of different types of welcome bonuses offered when you join an online casino. One that’s fairly common is a matched bonus. This is when a player makes a deposit and it’s matched up to a certain percentage by the online casino as bonus funds. Bonus funds are credits that can be spent in the casino but is unable to be withdrawn directly from your account. So, in order to be able to take the bonus money out, you will need to win on the funds on your favourite games. This is advantageous as it gives new customers a chance to play with free bets before spending any of their own money on the selected games.
In addition to matched deposits, it’s also common to see bonuses in the form of free spins as a welcome bonus. These are similar to a matched bonus as usually you must deposit a certain amount in order to have the free spins registered into your account. Depending on the casino, you will be able to use the free spins on either selected games or all slot games.
Occasionally, a casino will offer players a no deposit bonus. These are another type of welcome bonus but, as the name suggests, this one does not require you to deposit. These bonuses will typically be quite small though as not many casinos give out money without having the chance to get something back.
Loyalty bonuses are pretty self-explanatory – they are a type of bonus that rewards existing customers from the casino. These can also be known as VIP bonuses. The idea of these is to help casinos retain customers by rewarding them with free bets, spins, or other enhanced promotions if they stake a certain amount of funds over a set period of time. Quite often they are on a week-by-week basis.
These bonuses can come with a wide range of perks. Some casinos have a VIP club which means only those customers who qualify for the loyalty bonuses can play specific games. There are also casinos that offer daily free spins on an exclusive game that has a variation of prizes. These prizes can consist of free spins, cash, bonuses, or other rewards. Before you set your heart on whether you want to spend the amount required to qualify for a casino’s loyalty reward, make sure that you read the full terms and conditions so you know exactly what the benefits are.
In the event of losing bets or wagers, some casinos offer a cashback bonus to help players compensate for their losses. These offers tend to be a percentage back of your losses, usually your net loss back as free spins or bonus funds. The idea behind this is that it will help customers to play more confidently as they will know that some of their losses will be getting reimbursed – almost acting as a safety net. We strongly recommend that you do read all the terms and conditions around cashback bonuses as it is likely that you will be required to stake a certain amount to qualify for this bonus.
There are a few other bonuses that are less common than the ones listed above. Some online casinos offer a refer-a-friend bonus, where a player will get rewarded if one of their friends joins a casino through a link that they provide. Rewarding bonuses lead to the players feeling valued and wanting to play more on that site and recommend more friends. Again, we strongly recommend that you read the terms and conditions for this sort of thing as the friend who gets referred may well need to deposit a certain amount before qualifying.