Casino bonuses enable players to make money without placing their money at stake. A casino bonus is a great way for casinos to attract new players. However, it also benefits the players in one of many ways. While the players stand a chance to win real money, it is another way to increase a player’s bankroll.
So, what exactly is a casino bonus? What are the different types of casino bonuses? And how do you claim your casino bonus? Get all the answers and more in this blog post.
An Introduction to Casino Bonuses
Typically, a casino bonus is any offer made by a casino, which is free, in a bid to garner a player’s commitment or loyalty towards the casino. The underlying principle behind the casinos offering a bonus either as a welcome bonus or a free spins no deposit bonus, among others, is to outshine its competitors.
While the world wide web is saturated with online casinos, a casino bonus is one of the ways employed by the casino, in order to gain that additional edge over its contemporaries. Nevertheless, any casino bonus involves players to carefully read the terms and conditions alongside the wagering requirements.
How to Earn your Casino Bonus?
There are two ways in which players can earn casino bonuses, either by depositing a certain amount or simply by registering with the online casino.
Online casinos typically offer two types of bonuses; the deposit bonus and the non-deposit bonus. While the latter is quite popular, players also prefer winning the deposit bonuses with a higher percentage. Free spins and res-spins are the most popular types of no deposit casino bonuses.
Ideally, it is wise to choose bonus deposits not less than 100%; this is because the higher the percentage, the higher is the bonus amount you would receive. For instance, considering a 100% deposit bonus, when you deposit $2, you will earn a deposit bonus of $2.
Decoding Casino Bonuses: What are the Types of Casino Bonus?
Online casinos offer different casino bonuses for new visitors and existing players. The types of casino bonus awarded to new players include;
Sign up Bonus or Welcome Bonus: As the name suggests, it is provided to new players on signing up with the online casino. Free Spins are the most common type of sign up bonus provided to new visitors, once they complete the registration process.
Deposit Bonus: Most often, casinos offer deposit bonuses on the first four deposits made. While the percentage may range from 50% to 200%, players must make a minimum deposit to qualify for earning this bonus.
No Deposit Bonus: Although a very rare kind of deposit bonus, it is awarded to players while they do not have to make a deposit. Typically, players are awarded cash money for playing the casino games. Nevertheless, to withdraw the cash winnings, players must satisfy the wagering requirements.
Free Spins No Deposit Bonus, the common type of no deposit bonus, which most often applies for slot games, wheel of fortune, roulette, among others.
Apart from the above-mentioned, players also gain loyalty points or rewards, which will, in turn, earn them deposit bonus or free spins, and depends on the casino they have chosen.
Do land-based casinos offer casino bonuses?
Casino bonuses are the major reason attributing to the popularity of online or live casinos over its brick and mortar alternative. While land-based casinos indulge visitors with free drinks, buffet, and sometimes even free accommodations, they do not offer casino bonuses.
Online casinos enable players to try out new games, either through the ‘free play’ option or with the free spins bonus. On the other hand, the land-based casinos require visitors to deposit money for playing any of the casino games.
How can you claim your casino bonus?
To withdraw the winnings made from the deposit bonus, players must satisfy the wagering requirements, which is the number of times the player must wager the bonus amount to qualify for withdrawals.
The different ways you can claim your casino bonus include signing up with the casino, making deposits at the casino; or by regularly playing at the casino to increase your loyalty rewards.
It should be noted that the casino bonus, wagering requirements, free spins, etc. vary from one online casino to another.