One of the largest and most popular industries in the world today is the online casino industry. Online casinos are a form of entertainment and have a much larger selection of games than regular casinos. Another reason the online casino industry is so incredibly popular is because of the various bonuses they provide.
An online casino will give new players a welcome offer, among other bonuses, and that is what keeps people coming back for more. As a new player, or someone new to gambling, you might not know the differences between the various bonuses offered and how they work. Here are a few types of bonuses along with some details so you can make the most out of your online casino experience.
Why do Casinos Offer Bonuses?
Online casinos offer bonuses for varying reasons, some to benefit the player and some to benefit the casino, the common denominator is that both of these keep players coming back to play and keep their website busy. The player benefits from these bonuses because they are essentially giving you free money to gamble with.
Often time you will be given a deposit bonus, meaning that a percentage of the money you deposit will be given to you by the casino. Often times the casino will double your money, however you can get a return of up to 500% from some casinos if you know what you are doing. There are many guides available online offered by many sites, such as Japan-101, which you can read through over here, for the best tips. These bonuses give the player more money to gamble with along with more opportunity to win, whilst benefitting the casino by having a constant flow of players who take part often.
Sometimes the casino will give the players this money as a welcoming bonus and other times a player must play for a certain amount of time in order to receive this bonus. This helps the casino to keep people coming back and helps them reward new players and regular players.
Deposit Bonus and No Deposit Bonus
A deposit bonus is essentially a welcome bonus that allows you to have a portion of your deposit covered by the casino. A deposit bonus is popular as it is rewarding for the player and for the casino itself. This type of bonus is also often used as a promotional bonus that you can earn later on as well. Whilst this bonus is a fantastic way to earn money and to keep customers, remember there are always terms and conditions with which you should familiarise yourself. A no deposit bonus is the opposite of a deposit bonus. You do not have to make a deposit at all.
The casino simply gives it to you for free. There will also be some fine print to read before using this type of bonus, so make sure to familiarise yourself with the terms and conditions. Often times you must wager these bonuses before the withdrawal.
A match bonus is exactly what it sounds like. The casino will match the money you deposit to a certain percentage. This bonus is an extremely popular one as it is easy to manage, and both parties, the player and the casino, benefit from the bonus. When receiving a match bonus, there are wagering requirements set to ensure the casino will benefit from the deal as well. The wagering requirement will be to wager a certain amount of money before the withdrawal is allowed.
You cannot just withdraw the bonus. After the set amount of money has been wagered, only then can you withdraw your money. This type of bonus works well with most casino games, however, they are used widely in betting of various sorts and often used for slot machines.
Free spins are a common bonus offered by casinos as it is a fairly simple, yet effective bonus. This bonus is as simple as it sounds. With this bonus, you are offered a certain amount of free spins on a slot machine. This type of bonus used to be kept for frequent users only, however more recently casinos have discovered that they can benefit from making this bonus available to new players as well and will over this bonus in conjunction with a welcome bonus.
Whilst this bonus is easy to use and has many benefits for the player, there are many wagering requirements in place for these types of bonuses. Normally, there will be a max cashout amount and it is best to withdraw once you have reached this max cashout amount. Another requirement is that you may or may not be able to withdraw these winnings depending on the casino.
Online casinos have many benefits for both the players and the casinos themselves. The bonuses offered by online casinos are unmatched by traditional casinos, which is a good reason to play online as opposed to playing in a traditional casino. If you choose to play in an online casino, make sure to make good use of the various types of bonuses offered, and to always know what the wagering requirements might be.
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