Every online casino employs different ways of wooing new players and retaining existing ones. Given the vast competition in the iGaming industry online casinos always strive to stand out from the rest. One of the most common ways through which online casinos try to achieve this is by offering sumptuous bonuses to players. New players will undoubtedly choose an online casino offering bonuses over one that doesn't. Experienced punters will keep coming back to an online casino that offers them more winning opportunities through the bonuses on offer. Speaking of these bonuses, they come in different types as we'll discuss in the review. Read more about them here to know what to look out for when choosing an online casino (newzealand-onlinecasino).
Also known as the signup bonus or new player bonus, the welcome bonus is the most popular type of bonus offered by online casinos. When signing up with a new online casino, players can expect a cash match up percentage of up to a specific amount, free spins on specific games (https://www.bitcoinaccountlookup.com/) or even both. For instance, you might find an online casino offering you a 100% welcome bonus of up to £200. To break it down, this means that if you make a deposit of £100, you are entitled to a welcome bonus of £100 meaning your account will have a total of £100. This is a wonderful way to start your new life in an online casino and you should seize this opportunity.
The other type of bonus that is common is the no deposit bonus. This type of bonus offers does not require any deposit from players. Online casinos may sometimes offer them as a welcome bonus while others may decide to offer them to existing players to prompt them to try out a new game. The other type of bonus offered by online casinos is the deposit bonus - it can sometimes be referred to as a monthly bonus, loyalty bonus or a reload bonus. Online casinos featuring this type of bonus don't tend to make it public but will offer them to their players through email or text. Their size may depend on how many times you've played at the online casino.
Although not that common, high roller bonuses are used to reward players who deposit more and play more. Such players are referred to as high rollers or VIPs. Perks on offer include exclusive tournaments, exclusive trips, a dedicated account manager, free withdrawals, birthday gifts and so much more. 'Refer a Friend' online bonus is another type of bonus that will basically earn you a bonus if you refer a friend and they end up signing up with the casino site. Lastly, you may come across Free Spin Bonuses. If they are not part of the welcome bonus, then they might be awarded to players so that they can try out a newly launched online slot for free.
Online casino bonuses might seem alluring, but it's imperative you remember there are terms and conditions attached to them. Key among them is the playthrough or wagering requirement. This means that you need to play the casino bonus for a stipulated number of times prior to a withdrawal. These requirements are mostly between 20 and 40 times and it's paramount you confirm whether you are required to wager the bonus or the bonus combined with the deposit. For instance, if you make a deposit of £200 and are eligible for a 50% match bonus, you have £300 to play with. If the wagering requirement is 30x the awarded bonus, then you'll be required to bet with a total of £3,000.
In conclusion, there's no doubt that bonuses are good for online casino enthusiasts. On the flip side, they should not be regarded as 'free money' which is something you need to take into account to make the best of them. As discussed in this review, some are meant for new punters while others are for mainstays of an online casino. You can choose to say yes or no to them, the decision lies solely on your hands. As a side note, remember that there are numerous online casinos on the internet and some might be legit while others might be out to swindle you. Always ensure that an online casino is regulated before you get too carried away by the bonus on offer.