Different types of casino bonus explained
Today, here we going to simply guide you through the many types of bonuses offered by online casinos. There are many common bonuses all the casinos normally offers to their new players to welcome them. In most cases these bonuses are in form that allows new players to try casino games offered by the operator. This has been also practiced and existed in traditional casinos and nowadays it is becoming a must in online casinos.
Brick and mortal casino
There are many land based super casinos which offers different kind of bonuses. This includes casinos in Las Vegas and Monaco etc. which rewards their players for being loyal to them. Some casinos also rewards players based on the amount they wager in games. The rewards may be given in different forms and are not always in cash. Meaning the land based casinos often give away rewards by offering the players hotel stay, invite them for dinners in their cousin or sometimes give away tickets to famous attractions in the city. Pro players are mostly aware of this sort of rewards given by casinos and to take advantage of plans their budget accordingly.
Different bonus types
The bonuses offered in online casinos works with similar principle then in land based casinos. They often gives players free money added to their account when they join casinos portal. They also offers free spins, sometimes offers fixed time in which players are allowed to play certain games for free and try their luck. Online casinos competes heavily against and comes up with unique and generous offers to attract new players. And that is the reason most of the online casinos offers more tempting offers others. Even though the online casinos offers high amount bonuses, players needs understand how the bonus works, they need to go through the terms and conditions to determine if they can actually benefit from it or not. Since its bit complicated, we have created a small summary for different types of bonus which exist in the universe of online casinos. These are quite common bonuses offered by most casinos and below is how they actually works and benefits.
No Deposit bonuses
Available only to new player, the no deposit bonus is a welcome bonus in a form of credit given to the players in their account when registering and thus to attract player to open an account. Generally varying between ten to several hundred pounds this welcome bonus comes with strict and very well defined terms and conditions. Players can benefit to familiarize and get used to the site by using this sort of bonus, playing the games offered by the site in subject, how things works and improve their winning chances by practicing with this credit.
As mentioned this bonus follows a very well structured conditions and involves casino asking you for your social security number to allow you to benefit from it. Players should understand that this process is legal and pretty standard in gaming industry. The information given by players remains safe and secure. The casinos follows this process to prevent players from opening many accounts. The no deposit bonus awarded can be used to play all the games available. There are strict conditions that has to be fulfilled before you can withdraw any winnings made using this bonus.
Free game time
The free game time bonus was launched a decade ago by online casinos sometime in 2007. This bonus allows mainly newly registered players to play certain games for allotted time for free, for example bonus of an hour on games on casino generally at slot machines. This sort of bonus has not achieved great success and disappeared over time by getting replaced with cash bonuses. The protocols for this bonus are rather easier to understand.
Bonus for Deposits
This is the most common bonus amongst the online casinos and are offered by each and every good casino on the net. This bonus allows players, benefit of certain percentage of the amount deposited or a fixed sum added in their account, at the time of first time players makes their real money deposit on casino. It’s also commonly known as Match Bonus. Let’s take an example to better understand it. Say the casino has 200% first deposit bonus, this means that the casino will add 200 pounds extra on player’s account who would make a first deposit of 100 pounds, and the player will ultimately have 300 pounds to play with.
Some casinos often awards bonus of second and third deposits as well. The most important thing to understand is that this sort of bonus is good for players who likes to play slot machine games as with this bonus they will benefit of playing considerably longer time and maximize their chance of hitting the jackpots. This bonus type is not recommended for players looking to play table games like blackjack, roulette or poker, since this bonus comes with very strict withdrawal conditions specifically for table games.
Bonus for use of payment method
Many online casinos offers extra bonus on deposits separately from the welcome bonus amount, when the deposits are made with e-wallets like Paypal, Skrill, Neteller and other. The bonus generally range from 10-15%. The casinos offers this type of bonus to promote use of such payment methods since its more secure and faster way to make payments.
Loyalty or VIP bonuses
The casino rewards their high rollers with this type of bonus. The bonus is rewarded at a fixed percent of the amount of losses made by players. Usually it’s calculated automatically and rewarded. It’s a sort of loyalty programme which is reserved exclusively for players visiting casino more often and wagering over certain amount, sometimes called as VIP players. Players can enjoy exclusive rewards like trips, hotel stays and other gifts being a VIP player at the casino.
In conclusion, one thing a player must understand that, all these bonuses with or without deposits, are structured and strict when it comes to withdrawals. Withdrawals can only be made once you have fulfilled all the conditions, which includes the amount wagered per game play, number of times the game played, and other conditions which must not be neglected.