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December 18, 2023Casino bonuses have changed a great deal as more players transition to playing online. You can still take advantage of discount hotel prices, meal vouchers, and other perks at brick-and-mortar locations. Still, if you’re an online bettor trying to play from the comfort of your couch, you’re probably looking for other bonuses offered by casinos. These types of bonuses can vary by company, and there are so many out there that it could leave you feeling frustrated as you sift through them all to try to figure out which one is right for you.
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There are numerous types of online casino bonuses, but generally, the most common are No deposit bonuses, Match bonuses, Reload bonuses, cashback, and loyalty bonuses.
When an online casino is offering a no-deposit bonus, it essentially means this: You don’t have to make a signup deposit when you register for the first time. This is essentially the online casino’s way of offering you “free money.”
When considering no deposit bonuses, you should know there are three types to choose from: Free Cash, Free Spins, Free Spins, and Free Play.
A Free Cash no deposit bonus offers you a set amount of money (often it’s between $10-$25) to try the online casino out and help you determine if it’s a game you would like to keep playing.
Online casinos offer a Free Spins no deposit bonus to allow you to pick from a pre-determined set of games and see if you can get a hit with the chance to win prizes. If you land a prize, the more likely you are to sign up with that online casino.
Free Cash & Free Play. Some online casinos offer a Free Cash & Free Play no deposit bonus, which allows you to pick using your bonus on free spins or games.
So, which no-deposit bonus do we typically see most? The answer is Free Cash and Free Spins. Online casinos will usually give you anywhere between $10-$25 and up to 200 Free Spins when it’s time to register for the first time.
While no deposit bonuses can be enticing, some online casinos offer another signup bonus that you should seriously consider: a match bonus.
When online casinos offer a match bonus, they are offering the chance to match your first deposit when you register and add it to your account balance. So, if you put $25 into your account when you sign up, the online casino will add $25 so that you can begin gaming with $50. In most instances, casinos specify a maximum amount they will match the first deposit at.
A reload bonus is similar to a match bonus, but it is typically reserved for existing customers of that online casino. Another difference with reload bonuses is the match percentage is usually lower than the welcome bonus.
This essentially means that if you are an existing customer with an online casino and deposit money, the casino won’t match 100% of what you put into your account. The percentage varies depending on the online casino and the deposit bonus they are offering. You mostly see reload offers fall between 20% and 50%.
Online casinos offer reload bonuses as a way to continue rewarding existing players with the hopes of them continuing to game with the casino. Since signup offers are restricted to first-time registrants, online casinos have to get creative with also appeasing their experienced gamers.
Cashback is a fairly straightforward bonus that online casinos like to offer. Basically, cashback is a fixed-rate amount of money you will get back into your account after gambling losses and deposits.
Loyalty bonuses are exactly what they sound like — they are an online casino’s way of rewarding continued use of their website or app in the form of gifts like free spins, free rolls, free play, etc.
Loyalty bonuses are typically handed out based on your betting history with the online casino and the frequency with which you play. If you play enough to reach a VIP level with an online casino, the better the loyalty program rewards will be. The loyalty rewards will vary depending on the online casino and the levels you have to reach in order to obtain the perks, so be sure to research each one to see what suits you best.
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