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Online casino bonuses are something you get for making the transition from your brick-and-mortar places. And yes, they’re really not too good to be true. They are mainly methods to get new customers to sign up at the sites. Most major sites will hence offer you free sign-up bonuses these days, in many different variations. Online casinos carry lesser expenses to run than the physical ones, which is why they can offer so many bonuses.
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The list of online casino bonuses is almost endless and we have picked some of the best for you. In general all kind of online businesses are very competitive and the online casino world is no exception in this regard. Therefore it is standard that Casinos offer an attractive welcome bonus to their customers as an incentive when signing up. Below you will find the 3 most common casino bonuses:
The online casinos reviewed and ranked on our website are the ones we regard as being the most reliable, trusted and transparent to play on. All casinos listed here use quality software, offer great player support and are licensed as well as monitored in trustworthy gaming jurisdictions. We hope our information and reviews will help you find the best online casino to sign up to.
This kind of bonus is usually given to players when making a new or first deposit into the respective online casino offering such bonus. The maximum bonus amount as well as the bonus percentage varies from casino to casino. So what bonus amount can players actually expect? It totally depends on the casino and could be as little as 50% of the deposit up to 100 EUR or as high as 200% up to several thousand EUR bonuses for new players. While some casinos give away an initial sign up bonus only once, others might offer you several deposit bonuses on your first 4, 6 or even 10 deposits. It is also important to understand that most deposit bonuses have certain wagering requirements which need to be fulfilled before cashing out. Read the terms carefully and decide for yourself which casino bonus is best for you.
What is a ”No Deposit Bonus” and how does it work? The name ”No Deposit Bonus” says it all, as this casino bonus is credited to a player’s account without prior deposit. The purpose of this bonus model is to give new players an incentive to try out casino games, risk free. A No Deposit Bonus is also a good introduction to real money casino games for those who usually only use play money. A great thing about the No Deposit Bonus is the fact that playing with it can actually earn you real money! Money won by a player while making use of this bonus within the required limits, can be transferred to a real money account. So if you are new to online casinos and just want to try out how it all works without risking your own money, look out for the “No Deposit Bonus” and get going!
These bonuses, also known as “Reload Bonuses” are usually given to players who have already cleared their first deposit bonus in order to retain them. The amount of a monthly bonus varies as it is affected by the player’s actual VIP level of the casino’s loyalty program. It could be as good as a 100% match up bonus, but usually it is a little less. Sometimes reload bonuses are also part of an initial welcome bonus package which e.g. guarantees a new player 2,000 EUR in bonuses over the course of a year. Monthly bonuses / reload bonuses are therefore a great way to maintain a customer happy and are certainly beneficial to any online casino player. Make sure you accept to receive newsletters by the casino you sign up to in order to get any information about reload bonus promotions.
It is typical that casinos offer special bonuses to their high rollers, since such casino players bring in a lot of money to the games. Certain casinos give out extra bonuses to customers who have deposited a substantial amount. A referral cash bonus is usually paid out to existing clients who bring in new customers. It’s common that the referral bonus is a percentage of the initial deposit of the new casino player which was referred. Several factors have to be taken into consideration while weighing the conditions of a casino bonus. You should have a thorough understanding of the wagering requirements and terms of the respective bonus, before accepting it. Casinos hardly ever offer a bonus unless it profitable for them in the long run.
This means you should never take a casino bonus at face value. When you compare traditional casinos with online casinos you will realize quickly that the online offer has more bonuses. There is a huge list of online casinos and most of them are legitimate, while others are fake or shady. AllVideoSlots makes sure that all casinos which are shown on this website are tested, reliable and trustworthy. Make sure you never provide any financial information to an online casino before determining if it is a genuine one. Nowadays, many people are choosing online casinos according to their bonus amount and match up percentage. Furthermore, there is severe competition among the various online casinos which makes it easy to find a reputed casino that offers attractive bonuses. The final conclusion is that online casinos are highly convenient as they can be accessed at any time of the day and give you certain anonymity.
Casino bonuses are something extra that you get for spending your money and time at the site. Most sites also pay back to their loyal customers via reward bonuses.
Whatever an online casino site offers you as an extra, can be considered as a casino bonus. Casino bonuses can be free spins, deposit matching in bonus cash and others. Most online casinos will offer bonuses when you sign up or offer some in the form of promotions.
Casino bonuses will always have a specific set of terms and conditions, so it’s important that you read through them carefully. If you don’t want to agree to the terms, you can choose to not take advantage of the bonuses.
Here are some of the common types of casino bonuses offered at most online casino sites.
New Player Welcome Bonuses
New players generally get a bonus for making an account. Sometimes the welcome bonus will consist of depositing some money and then getting a match up bonus of a specific percentage. Sometimes it includes free spins. In some sites, you will also find no deposit bonuses for signing up as a new player.
First Deposit Bonuses
Like the name suggests, you will get a deposit bonus when you make your deposit. This generally only applies to the first deposit. The deposit bonuses sometimes come in the form of Match bonus. This will give you a balanced boost by matching the percentage of your deposit amount. Most of the times there is a limit to how much maximum bonus you can receive. Keep in mind that the bonus offer from the deposit bonuses will be tied to your real money deposit. You will not be able to make a withdrawal from the deposit until and unless the wagering requirements of the bonus have been fulfilled.
Do Returning Players Get Bonuses
Returning players can get a bonus from certain sites if the casino site has such promotional offers. Most of these bonuses are similar to the match deposit welcome bonuses, where the deposit gets matched to a certain percentage to be given out as a deposit bonus. Online casinos want to keep their players coming back to play and keep them loyal for a long time, so they generally tend to reward them with bonuses for coming back.
Non-Matched Deposit Bonuses
These are bonuses which offer a fixed reward for a deposit you made, unlike matching it with a certain percentage. The reward can be anything from free spins, cash or anything else. There will be wagering requirements of certain amounts, which you will have to fulfill within a certain time frame.
In most cases, the deposit bonus will not include the initial stake you made. So for example, if you wager a £25 on a slot, the payout will be the £25 win, and it will not include the initial stake of £25.
Free spins are not exactly cash bonuses but the outcome is basically the same. You get the chance to play and win without having to invest any money. Free spins can only be used on slot games. Your winnings from the free spins will have to be wagered for a certain amount of times before you can collect your money.
The no deposit free spins are the same thing as free spins bonus, but here you don’t need to deposit any money to get the free spins. This is a promotional offer and a very popular one at that. These are mostly given out during the sign-ups.
No Deposit Bonuses
This is the simplest form of all online casino bonuses. All you have to do to get this type of bonus is to register for an account. You don’t need to make any deposits to receive this money, hence the name. Sometimes you will get the bonus credit automatically into your account, and sometimes you will have to make a claim to the bonus via an email or a submission form on the website. But obviously, it’s really simple compared to all the other types of online casino bonuses.
VIP and Loyalty Schemes?
Almost all reputed and even newer online casino sites these days will have some sort of VIP program going on, to reward their most loyal players. They mostly run this by having a comp program. The idea of a comp program is the same across all casino sites. For this, for every time you make a bet on the site, you get a point, regardless of your win or loss. For accumulating 100 points, you get £1.
As for loyalty schemes, it differs from site to site. Some sites have highly rewarding loyalty schemes where reaching certain statuses will gain you luxurious holidays and exclusive birthday gifts, as well as your very own personal account managers. Of course, you will have to spend a lot of your time and money to reach such status.
High Roller Bonus
High roller bonuses are for those players who like depositing huge amounts of money and betting large at the casino games. High roller bonuses are generally matched deposit bonuses. This means the deposits you make are matched up to a certain value. The difference from the regular match deposit bonuses is that the high roller bonuses have higher values compared to the regular ones. The minimum deposit for these bonuses is hence higher than usual, as the outcome is higher than usual as well.
One thing that should come to your mind whenever a bonus pops up might be this, how much is it going to cost you? Yes, as they say, there are no free lunches, it goes for the casino bonuses as well. You need to know about 3 important things to understand how a casino bonus works.
It’s the required amount that you need to make before you can get a particular bonus. Most of the times, the wagering requirement is some number of deposits with the additional bonus amount. This is going to vary depending on the casino site and game, but most of the times, it’s going to be somewhere among 20 to 40.
Contributing Percentage from the Game
This is the percentage that gets counted towards the overall wagering requirement. This works similarly as a multiplier. If the wagering, for example, counts only as 50%, you need to wager twice as much. For games such as slot machines, the contributing percentage is generally 100%, so the wagering requirement is at the basic level.
For games such as Blackjack, Roulette, and Baccarat, it will vary from casino to casino, but it will generally be 50% or less than that.
House Edge of a Game
A house edge, simply put, is the percentage of total bets you make that the casino will keep in the long terms. So if a particular game has 6% house edge, it means that the casino will expect to make an overall profit of 6%. All casino games have house edges, ranging from less than 1% to over 50%.
The house edge will determine the amount of game time you will need to see a profit. The more the house edge, the more bets and time you need to play the game to get some profit out of it. Games without any house edges are also available in some online casino sites, but they don’t offer any bonuses, for obvious reasons.
These are the terms and conditions that are typical across all online casino sites.
Bonus Wagering Requirements
There will be always strings attached to all the free bonuses we talked about so far, and this is what that string is. When you go to make withdrawals of the winnings from your free bonuses, you will find that there is a wagering requirement attached to it. Most of the times you will find that your bets have to be total more than 15x the deposit amount with the bonus
Limitation on Withdrawals
Some online casino sites will put limitations on how much withdrawal you make on a day, week or even a month. This is a good way to find if the casino is dealing with inadequate funds. Microgaming and Cryptologic software based casinos will hardly ever come up with a strict limitation like that. So it’s better to stay away from such kind of online casinos.
Age Limits and Jurisdiction
Almost all online casinos will require you to be 18+, and some even make it 21+. So check the terms and conditions before you are signing up. Obviously, you can always lie online and nobody’s actually going to check up on you whether you’re lying or not, but if you win big and try to make a withdrawal, there are chances you’ll get caught then.
Also, online gambling is illegal and banned in many countries. Even if you can search and sign up for a particular casino site, it might be banned for your country. Always check the banned countries list from the site’s jurisdiction page before you take the leap. If it’s illegal in your country, you will not be able to take the payoff.
Multiple Accounts from the Same House
This is common for at least 99% online casinos, if not more. The terms and conditions will state this rule where you can have only one account per household. This term is generally on use to prevent the fraudulent use of ‘Bonus abuse’. So the similar IP address, payment account information etc. are tracked to make sure you are not making multiple accounts to take advantage of the sign-up bonuses.
Specified Expiration Date
This is another typical terms and conditions rule. The bonus you win from the offers and promotions, as well the clearing of the wagering requirements all come with a specified expiration date. If you don’t do as said before the deadline, you will not be able to take advantage of them.
Bonus codes are specific codes you use to get a bonus. The site will state if a code is needed to claim a bonus offer. Look it up in the T&C section of the site. The bonus codes are generally put in the time of making the deposit.
A trustworthy online casino will have the following:
You can choose the right casino bonus by keeping the 3 factors mentioned earlier. If the wagering requirement is reasonable, the contributing percentage is fair and the house edge of the game is low, it is a good bonus offer. Make sure you do your research by comparing your favorite sites before making the decision.
What is the best casino bonus: free spins or bonus cash?
Well, that depends on the specific T&Cs they come with. If the free spins have no wagering requirement or the bonus cash have a high wagering requirement than the former is the best and vice versa. Depending on the situation, any of the two can be best.
What are the casino bonus codes?
Codes you use to claim a specific bonus while making your deposit.
What is a fair bonus?
A bonus that has reasonable wagering requirements.
Is a bonus Real Money?
A bonus is not real money unless otherwise stated.
Can I cancel a Bonus?
Yes, you can cancel a bonus by just not fulfilling the wagering requirements.
What happens when I will not reach the bonus requirements?
It will expire, and you will not be able to cash out the winnings.
How can I find the bonus T&Cs?
Click on the site’s bonus offers tab and you will be taken there.
How often can I receive a casino bonus?
That depends on the specific site. Welcome bonuses, for example, are mostly a one-time thing.
Can I withdraw a casino bonus?
Yes, but only if you meet all the wagering requirements.
Do I need to read the terms and conditions of a casino bonus?
Yes. In fact, it is mandatory that you read through the fine prints to know exactly what the terms and conditions include and make sure you understand what you are dealing with.
Online casino bonuses are far and many so you need to do your research before making that leap. Read through the T&Cs and go through several types to get the best deal for your money.