3 Different Types of Welcome Bonuses Offered by Online Casinos

There are many reasons why certain online casinos are more popular than others. The reasons include, but are not limited to, the versatility of games available in a specific online casino, the high quality of the games’ interface and which online casino the player naturally gravitates toward most.

Another major key factor in the reason behind the demand for certain online casinos is the welcome bonuses they offer. Everyone likes receiving something for free, a welcome bonus for simply signing up on an online casino site is always an enjoyable sight. Players looking for online casinos should do their homework and compare different welcome packages offered or take a look at a decent list by BonusFinder that outlines the different welcome bonuses delivered by online casinos.

Uncover 3 different types of welcome bonuses and packages available to new casino signees.

The Original Welcome Bonus

When you become a new member at an online casino, you are almost always given some form of welcome bonus. If you want to sign up for a new online casino and no welcome bonus is offered, consider finding a different one.

A welcome bonus is often some form of ‘free money’ or ‘free play’ that new players can enjoy. An example of a welcome package is an online casino offering a ‘100% deposit match and a large amount of free spins’. How does this work? This means that if you put down a $100 investment, the online casino will match that with a further $100 and give you free spins to enjoy on your next blackjack game.

These initial bonuses at the start are especially helpful, as they give players a free try at understanding the new online casino and allow you to not lose too much of your investment whilst coming to terms with the new platform.

Loyalty Bonus

Online casinos enjoy having regulars. Even brick-and-mortar casinos enjoy having their regulars, as they are loyal spenders and winners of the game and establishment. Players who enjoy the thrill of the game and look forward to playing consistently make for loyal customers. These kinds of players are encouraged as they bring in a consistent stream of revenue.

Online casinos reward regulars by offering them some form of free investment or play. Online casinos often have one day a week and online players receive a reward for playing on that specific day. This reward can come in the form of double points on slot machines or free tokens when playing a game. It is up to the discretion of the casino to decide on what they want to offer. Bonuses are enticing and encourage loyalty from players as they are sure to be online every time a double-point loyalty bonus is on offer, for example.

Furthermore, the idea behind offering loyalty bonuses is a great marketing tool for online casinos as it gives players the impression that they are valued by their favorite online casino.

Payment Method Bonus

Similar to any other business, online casinos pay bank charges. With the amount of money and transactions being pumped through the online portal on a daily, or even hourly basis, being so immense, every single cent that can be saved is massively important.

Online casinos aim to reduce their bank charging fees by offering a payment method bonus. This means that certain types of funds, like Bitcoin, are more welcome than traditional stripe facilities as Bitcoin charges less in transactional fees than run-of-the-mill banks. Online casinos encourage certain payment methods and offer their players bonuses to use their approved list of payment methods. This is an ingenious way for online casinos to save on transaction fees, as what they spend on payment method bonuses is often very little in comparison to what they save on transaction fees.


DISCLAIMER
There are huge risks associated with online gambling, so it should be used for entertainment only. It may seem like you’re winning at the moment, but keep in mind that the edge is always in favor of the house. Therefore, always practice responsible online gambling at real money casino sites.
Are you or someone you know addicted to gambling? The National Gambling Helpline is available to help you overcome your addiction to gambling. Contact them at 1-800-522-4700. Unless otherwise stated, all gambling sites and articles are only for those who are 18 or older.
Some of the casinos on our list might not be accessible in your area. To see whether online gambling is legal in your area, familiarize yourself with the local laws.
Our online casino reviews are completely independent and unbiased. Even though we may receive commissions for our recommendations, it does not influence our rankings. We only recommend casinos that offer the best gaming experience.
For free gambling addiction resources, visit the following organizations:
* https://www.ncpgambling.org/
* https://www.gamblersanonymous.org/
* https://www.gamblingtherapy.org/