Different Types of Casino Bonuses
March 19, 2019
Casino bonuses come in various forms with varying terms and conditions. This article will explain some of the most common types of casino bonuses and what to look out for with each of them.
New Customer Bonuses
Pretty much every online casino offers some form of bonus to new customers when they first join. It’s a common way for casinos to attract new players by offering them something for signing up. These type of bonuses are also be known as ‘welcome bonuses’, ‘sign up bonuses’ or ‘first deposit bonuses’. They generally consist of the player receiving a bonus after making an initial deposit. The bonuses vary in size ranging from £10 all the way up to thousands of pounds. Bigger bonuses may seem more attractive at first glance but it’s important to check the terms & conditions of each bonuses as all will come with some kind of wagering requirements. Wagering requirements are set so that players can’t simply withdraw the bonus as soon as it’s credited. Instead, they must wager a set amount and only once the wagering requirements have been met are they able to withdraw the bonus. New customer bonuses may be used on specific games such as slots, blackjack, roulette or live casino. Check the terms of each bonus you accept to view eligible games.
No Deposit Bonuses
Many online casinos also offer no deposit bonuses. As the name suggests, these bonuses require no deposit and new players receive them simply for signing up. No deposit bonuses are a great way to have a chance at winning money without risking any of your own. As you receive the bonus for nothing, no deposit bonuses are generally a lot smaller than deposit bonuses. You can expect no deposit bonuses to be in the region of £5 – £50 and usually come with winnings caps and wagering requirements. Despite the restrictions on no deposit bonuses, they are worth claiming as they are risk-free.
Online casinos not only want to attract new customers but also want to keep the ones they have playing. That’s why they give regular bonuses to existing players. Similar to new customer bonuses, a deposit or wager is generally required to receive the bonus and they will come with wagering requirements. As reload bonuses are so common, if you’re a member of a number of online casinos, you will likely have the opportunity to claim these bonuses on a daily basis.
As well as bonuses, online casinos regularly give players free spins to use on specific slots. These are sometimes given randomly and sometimes when new slot games are released and they want players to try them out. Free spins vary in value depending on the promotion and the slot they are to be used on. Winnings generated from free spins may or may not have wagering requirements and so it’s important to check the terms of the promotion before accepting them. One online casino which offers free spins to new customers is Voltcasino where players can claim up to 120 ‘Volt Spins’ when making their first deposit.
Casino bonuses can be extremely profitable. However, it’s important to read the terms and conditions so that you are aware of any restrictions such as winnings caps, wagering requirements or maximum stakes. If you’re just starting out with casino bonuses, we recommend that you take advantage of the many no deposit bonuses that are available. You may also find that some online casinos give you free spins for registering without a deposit being required.