As a way of attracting new gamblers to their casinos, there are promotional tools that online casinos use so as to attract new real money gamblers.
One such is the bonuses that are added to the casino account that you have, and you are allowed to use it to place a bet of your choice.
We can compare such bonuses with the free chips that were/are a common feature in traditional land-based casinos.
With many online casinos coming up, many are trying all means to outdo each other by offering different bonuses. This is good for you as a player because you can take advantage of the bonuses to boost your betting bankroll.
So, how do these casinos bonuses work and are there any benefits to you as a player?
Below, we have put together a helpful list of some of the most common casino bonuses.
No Deposit Casino Bonus
For a no deposit bonus, it means that you do not need to add any funds to your player account to earn a bonus.
With such a bonus, the only thing that you are required to do is to create a real money account which will then enable you to claim the bonus.
In most cases, you will be asked to provide some details about yourself like your age, address, names, and phone number. Additionally, many casinos will request documentation to prove the information that you have given.
Claiming the no deposit bonus is very easy. You will be provided with a code for that purpose. Follow the instructions given by the casino and in less than an hour, you will be awarded your no deposit bonus.
For an easy step by step procedure, see this here.
Wagering Requirements for No Deposit Bonuses
When it comes to withdrawing your no deposit bonus, the casino will put some measures in place and you must meet them before you are allowed to take the money out.
One such way is through placing a wagering requirement and this is common for both traditional and no deposit casinos.
This makes a lot of sense, otherwise, many players would just claim the bonus and after a few bets withdraw the money and vanish. This can also be detrimental to the casino, hence, the wagering requirements that are put in place.
The wagering requirement for most casinos for this type of bonus is usually above 35Xs your deposit in addition to the bonus.
For example, if you make your first deposit of $500, and you are awarded a bonus of $1000, it means you have a total bankroll of $1500.
If the wagering requirements are 35Xs, you will be required to place bets of (35 X $1500), which is equivalent to $52,500. This is the only way that the casino will allow you to cash out your winnings.
This may sound like a very huge amount to be made from only $1500. However, it is a simple process since with most casino games; you stand to win as much as 40% of the time.
No Deposit Casino Bonuses That Offer Only Free Spins
Although these types of bonuses are not as common, there are available.
With such bonuses, the casino will offer you a certain number of free spins and these are also offered on a particular slot machine game.
Any winnings that are as a result of this type of bonus will be given to you as long as you meet all the wagering requirements that are attached to it.
Most of the slots that come with such bonuses are often new, or in other cases, a casino may be trying to promote such a slot machine.
Free Time Play Bonuses
Another type of no deposit bonus is the free time play bonuses that are a little rare on most casinos.
With these types, you are allowed a set period of time( in most cases up to an hour) during which you are allowed to play for free and win as much cash as is possible.
As usual, it also comes with wagering requirements that you must meet before you can cash out the bonus.
Loyal Player Bonuses
Last but not least we have a loyal player bonus. Once in a while, most casinos run some promotions targeting old players who have been loyal customers to them.
Such bonuses come in the form of either free spins or free timed play and they are mainly directed to old players. In most cases, there are specified types of players who can enjoy loyal player bonuses so it’s important to check the terms attached to such bonuses.
As a casino player, there are many forms of bonuses and you can expect them to come in all shapes and sizes.
However, read the terms and conditions of the bonus you wish to enjoy as some of the conditions can be very prohibitive.