Different Types of Casino Bonuses and How to Get the Most Out of Them
5 minutes
Last Updated: March 18, 2024
We all know that online casinos have introduced the concept of bonuses and promotions to attract new players, and there’s nothing wrong with that.
On the contrary — it’s an effective marketing tool that players can use to their advantage.
But how exactly do you take advantage of casino bonuses? Not many newcomers are familiar with this concept beyond the fact they know it exists. Therefore, they don’t know to get the most out of them.
If you’re one of these players, you should understand the system before you dip your toes in online gambling.
Figuring out how bonuses work and what you need to pay attention to will help boost your gambling bankroll and improve your overall experience. The extra cash provided by the casino will let you try more games and have more fun.
So, with that in mind, here’s some useful advice about the most common types of casino bonuses and what you need to know about them.
Deposit Bonus
The name speaks for itself — you receive a bonus once you make a deposit. Most of these are advertised as welcome bonuses, but you can also get this bonus later on as a part of a promotional package.
They will typically cover anywhere from 50% to 100% of your deposit, sometimes even more. A good place to look for such offers is casino bonuses SportyTrader, where every offer is reviewed by their experts and provides you with a 100% bonus up to $500.
To make sure you don’t run into any deposit bonus issues, read the casino’s terms and conditions.
Almost every bonus comes with what’s known as wagering requirements. This is the number that tells you much money in total you need to wager before you’re allowed to actually withdraw bonus funds and winnings connected to them.
Terms and conditions will also let you know about how different games contribute to the wagering requirements. Usually, not all bets on all games will count in full. So, slots’ bets will usually count at 100%, but wagers made at table games like blackjack or 3 Card Poker may only contribute 10% or not at all.
It’s important to figure all this out ahead of time so you’d know if the bonus is worth your time. If you only play table games, for example, and a bonus can only be played through on slots, it won’t do much for you.
No Deposit Bonus
No deposit bonuses are the complete opposite of deposit bonuses. Casinos that offer this type of promotion do not require any previous deposits from players.
Often, you only have to fill out a registration form, and you'll get some free cash to play with and have a chance at winning real money with zero risk.
Naturally, these no deposit offers come with a set of conditions of their own. Wagering requirements are often quite high, and there could be quite a few restrictions thrown into the mix.
One way or the other, this is completely free money given out by the casino, so they can set terms up any way they want. It’s hard to complain when someone is giving cash away, whatever the conditions.
To make the most out of these offers, look for no deposit bonuses that reward players with free spins as well. These packages might be scarce but once you stumble upon them, use them to your advantage, as this is an extremely effective way to increase your winning chances.
Free Spins
Fans of video slots definitely love these types of bonuses. Luckily, online casinos hand them out quite regularly, typically in the batches of 10, 20, 30, 50, 100, or even more spins.
If you like to spin the reels trying to get lucky, you often only need to open an account with a casino.
Most spins come with some playthrough requirements, but some sites also offer wager-free free spins.
These offers are too good to miss out on, as these spins are completely free. Some of them might be worth only a few bucks, but there is always a potential they could produce a handsome payout.
Many deposit bonuses these days come with some free spins attached to them as well. So, on top of your cash bonus, the casino might offer a few dozen free spins to try your luck with. While they might not be worth a lot, they’re a nice cherry on top and a bit of extra value you should never refuse.
Loyalty (VIP) Bonuses
If you stick to one casino long enough, you will almost always get a chance to become an exclusive member of a loyalty or VIP club.
The bonuses awarded here are bigger and better than regular promotions. Some casinos even offer them with lower rollover requirements, meaning you’ll get a chance to withdraw your bonus and winnings sooner.
To get the most out of being a casino VIP, be careful not to abuse the bonuses.
Although tempting, claiming a lot of promotions at once might produce some negative consequences. Balancing them out will pay off eventually.
If you’re someone who plays a lot, especially at higher stakes, you should always look for casinos with good loyalty programs. These can really help offset your losses in the long run and will make your overall experience much more enjoyable.
Casino Bonuses Summary
The ability to easily claim all sorts of bonuses and freebies is one of the best things about online casinos. Wherever you turn, there is some kind of a bonus just waiting to be claimed.
However, not all bonuses are created equal, and you should be able to tell good promos from bad ones. Hopefully, this article will help a bit with that part and ensure you choose the ones that fit your personal taste and preference.
Whether you enjoy slots, video poker, or table games like craps, there is likely just the right bonus for you out there. You just need to take a bit of time to find it and then make the most out of it.