Different Types of Online Casino Bonuses

There are a lot of reasons why many people are into playing at online casinos. Most of these casino websites are known for the large variety of games they offer, often surpassing the number of games found at land-based casinos. In addition to that, one of the factors that gamblers love about online casinos is the bonuses and promotions they offer.

Many online casinos provide some top bonuses that land-based casinos can’t offer. These bonuses can help players make the most out of their gameplay and money. On the other hand, these also support online casinos when it comes to attracting new players and keeping regular players.

Advantages and Disadvantages of Online Casino Bonuses - image for article 49083908409849
Image created by Market Business News.

If you are new to online casino gaming and curious about the bonuses you can get, you’re in the right place. Today, we are giving you a list of the different types of online casino bonuses.

  • Welcome Bonus

The most common type of bonuses that you can receive from online casinos is the welcome bonus. It is also sometimes called a sign-up bonus or new player bonus. It is mostly a combination of a deposit bonus and free spins. However, it can also be one or the other, or other types of freebies, depending on the site you are playing at.

This type of bonus is only available for new players who are registering for the first time in an online casino. Like other bonuses, your welcome bonus needs to be wagered a specific amount of times before you’ll be able to withdraw it.

  • Deposit Bonus

A deposit bonus is sometimes called a reload bonus. This is basically the bonus that players receive after depositing certain amounts. In addition to the sign-up bonus, you can also receive a deposit bonus as part of a promotional campaign.

An example of this type of bonus is available at Club Player Casino which offers various deposit bonuses. These bonuses can cover part of your deposit, like 60 percent or, even 100 percent of it. Deposit bonuses usually come with a set of terms and conditions. Therefore, you need to read and understand that first before you use the bonus and withdraw the money you earned from it.

  • No Deposit Bonus

An online casino no deposit bonus is a type of bonus given to players without requiring them to deposit their own money. Many casinos use this type of bonus to attract players to try their site, or to try a new game without any risk.

However, you need to remember that there are restrictions in place with no deposit bonuses. Sometimes, online casinos include a high wagering requirement and other rules to reduce the level of abuse they could receive from players. Meaning, if you want to use this type of bonus, you still need to deposit a certain amount of money before you can withdraw the bonus and subsequent winnings. But you don’t need to deposit any amount if you wish to use the bonus to play a game.

  • Free Spins

This type of bonus is loved by online slot players. Many online casinos, such as Casino Max, give this bonus generously. You can receive it in batches of 20, 30, 50, or even more than 100. You can get free spins on certain slot machines or slots from specific providers. However, you need to read the terms and conditions carefully as most of these free spins need to be spent a few days before they expire.

  • Cashback Bonus

Cashback bonus - different types of bonus article
Image created by Market Business News.

Playing in online casinos gives people a chance to win some money. However, losing is also inevitable. But with cashback bonuses, your losses can be covered. Many online casinos give out cashback bonuses daily, weekly, or monthly. Even though they cannot cover all your losses, it can still be something in the 20 to 30 percent rant. The bonus credit should likely be wagered. Therefore, read the terms and conditions carefully.

  • Loyalty Bonus / VIP Bonus

Those who are regulars in an online casino can be given a chance to enter or join an exclusive VIP club. These bonuses are bigger and better compared to the rest of the bonuses you can receive from online casinos. In addition to that, you can also receive these with lower wagering requirements. Meaning you can get your winnings sooner. Aside from that, VIPs also receive different rewards besides the massive bonuses.

  • Payment Method Bonus

There are also some online casinos that offer a wide range of banking methods that you can use to deposit and withdraw your funds. If an online casino wants to encourage players to use a certain payment method, usually an e-wallet payment method, they offer an additional bonus for using that. These bonuses are not very common, but you can encounter some if you’re lucky.

These are some of the different types of online casino bonuses. In general, these are great tools used by online casinos to attract players. It is also an advantage for players as it gives them additional money to play their favorite online casino games. We hope this post helped you in learning more about the kinds of bonuses you can get from online casinos.


Interesting related article: “What are Games of Chance?