Types of Bonus Offers at Online Casinos
Bonuses are part of a strategy of online casinos to urge players to sign up, deposit money and keep playing with them. However, what they get in return is the opportunity to boost their bankroll. Bonuses range from welcome bonuses to matching deposit bonuses to percentage deposit bonuses. With an array of bonuses in the market, it would be prudent to understand the basics of each type of bonus and which types offer best value for your money.
Online casino bonuses come with play-through requirements where you must wager the bonus a specific number of times before you can cash out any winnings.
Welcome/Sign-up/ New player bonus
This is the most lucrative of all bonuses aimed at luring the player to sign up and start playing for real money. This type of bonus ranges from as little as $10 to $3000 and more and are often spread over the first few deposits. It is always wise to play at casinos that spread out their bonuses. Welcome bonuses can take the form of no deposit bonuses, matching bonuses, and percentage bonuses. At Girl’s Entertainment Network, we keep you posted on the best welcome bonuses in the industry that are tested by our experts.
No deposit bonus
Online casinos offer a no deposit bonus to grab the chance to try out their games for free without the need to make any real money deposit. Nevertheless, you have the chance to win real money while playing with the no deposit bonus.
Some online casinos offer a bonus equal to the sum you deposit with them. If they offer a 100 per cent matching bonus against a deposit of $100, it means you will have $ 200 to play. These bonuses come with wagering requirements as well
An online casino may not match your fist deposit but offer as much as 50 percent on your first deposit. If you deposit $100 and the casino offers 50 per cent bonus, which means you will have $150 to play with.
Online casinos love to reward players for their loyalty. The more you play the more points you get that can often be redeemed for cash. Most casinos offer loyalty points and feature VIP programs with lucrative bonuses and special offers at every level.
Invite friends to your online casino and you could be rewarded with a decent bonus if your friend signs up and makes a deposit
Cash back bonus
Cash back bonuses are a way the online casino returns a part of the money you have lost while gambling. Deposit bonuses are great but cash back bonuses are handy if you are looking to prolong your playing time. If you have lost $500 while playing and the casino offers a 20 per cent cash back bonus, you receive $100 as a bonus. However, if you have a positive balance you won’t be eligible for the bonus.
Some casinos reward players for choosing specific types of banking methods. This is usually a percentage on the deposit.