Your Guide to Online Casino Bonuses

Your Guide to Online Casino Bonuses

Online casino bonuses given to new players are often called welcome bonuses. There are three types of welcome online casino bonuses common in the industry. The first is the deposit bonus. After the player makes their first deposit, the casino offers a matching amount as an online casino bonus. This is presented as a percentage of the player’s deposit based on the maximum amount. The second type of welcome bonus is not a deposit bonus. In this case, the player does not need to deposit any money, but receives the bonus in advance. The purpose of this bonus is to let players have an idea about the games. The deposit bonus is much smaller than the deposit bonus. The third type of welcome bonus is not given in cash, but as a set of free spins in a popular slot game. Players keep winnings as bonuses, if any.

Online casino bonuses given to existing players are known as reload bonuses. Reload bonuses are usually deposit bonuses where players must deposit first. These bonuses have a weekly or monthly limit. In many online casinos, reload bonuses are tied to the player’s VIP status. The higher the status, the larger the corresponding percentage or associated limit.

A very common online casino bonus is the Refer a Friend bonus. Word of mouth popularity is very important for online casinos. This is why casinos pay compensation to players who recommend the casino to their friends. Most casinos offer a wholesale bonus for every friend the player brings. The bonus is awarded after the friend opens a real money account at the casino and makes the necessary deposit.

There are various terms and conditions associated with online casino bonuses and players should read them carefully. Failure to comply with the terms may result in forfeiting bonuses. The most important of these is the wagering requirements. These indicate how many times the bonus must be wagered before the winnings can be cashed out. They also indicate the games in which this bet must be played and the time frame in which this bet will be completed.