With the tremendous number of options available when it comes to online casinos, choosing can be somewhat overwhelming. So, how do you decide? Well, why do you play in the first place? Whilst entertainment is a factor, let’s be realistic for a minute – winning a cash prize is the primary reason to play. The more you can walk away with, the happier you’ll be. That’s where the online casino bonuses come in. Bonuses are incentives offered by the house to encourage and reward players for patronizing their casino. There are all kinds of casino bonuses out there, and they include everything from extra game plays to free cash. New players can count on bonuses for joining a casino, making an initial deposit, or playing a specified number of games during their initial membership period.
These bonuses vary from casino to casino and can change from time to time. At onlinecasinoinfo.com, we offer the most up to date info on the best Welcome and No Deposit bonuses out there.
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Welcome or sign up bonuses are great for trying a new casino on for size. These are offered to new players the first time they register with an online casino and make an initial deposit. The way this type of online casino bonus works is that the casino will either add a percentage of your initial deposit to your account total or give you a specific amount as an initial balance.
Typically, a welcome or sign up bonus will have a set of conditions attached so that you can’t just withdraw the funds that the casino has offered. These conditions include wager requirements or ‘play through’ demands. This means that to withdraw the funds gifted to you, you must first wager a specified multiple of the initial bonus amount. For example, if the welcome bonus was 100% of your initial deposit up to 200, you could be required to wager 30 or 40 times that amount to be eligible to withdraw the gifted amount.
Over at 888casino.com, they explain the welcome bonus and wager requirements as follows:
Deposit 20 – play with 40, deposit 100 – play with 200. Any amount you deposit is doubled, up to 200. To withdraw any of the bonus money, or winnings from the use of the bonus money, you must first wager 30 times the bonus amount. Another caveat is that some games contribute more than others to the total amount wagered. Slots are typically calculated at 100% while roulette is calculated at 20%, and craps is calculated at 5%. So, depending on the bonus you receive and the games you choose to play, it could take you a while to clear your bonus requirements.
There are bonus clearing techniques and strategies that can help you to make that happen faster. First, you should fully understand the casino bonus and all terms before accepting the offer. It may take a few minutes to read everything but will be well worth the time. Next, be sure you understand which games will help clear your bonus faster based on the amount they contribute to the wager amount and the odds of the game itself. You don’t want to use a high risk, low payout game to try and clear your bonus or you will end up paying for your bonus many times over.
Experts will tell you that first, you should take full advantage of any bonus offer you choose to accept. If it’s a percentage or matching of your deposit amount, you get as close to the maximum amount allowed. This will set you up with a larger pot to play from and allow you to play for longer. Next, you’ll want to choose games with a lower house edge like blackjack, poker, and baccarat. This will level the playing field somewhat because the odds are slightly more in favour of the player and their coming out ahead at the end of their bonus period. Wager smaller amounts at first to get comfortable with the rules and flow of the game you choose and increase your chances of winning by going for longer odds. Think of it this way, if you flip a coin 10 times you may get tails 7 times and heads only 3, but if you flip it 1,000 times, your results will move closer to 50% for each. When you play smaller hands over a longer period, you increase your chances of clearing the bonus and coming out ahead just based on numbers alone.
This also helps explain the value of non-cashable vs. cashable online casino bonuses. While you may not see any advantage to a bonus you cannot cash out, sometimes called a ‘phantom bonus,’ it does help you by increasing the number of rounds you can play thereby increasing your chances of winning overall.
Lastly, you’ll want to know which bonus type is best for you. A large part of this decision will depend on your goal in online play. If you see your time in the casino as entertainment and you play primarily for the excitement of the game or want to play in one casino for a while, then a non-cashable bonus is fine for you. If your plan is to move from casino to casino as you fulfil your requirements and earn a profit, then you’ll want to take advantage of the casino bonus that can be cashed out when you are ready to move on.
Many online casinos will offer special bonuses to their players for logging in from a mobile device or for downloading and installing their app. The bonuses are designed to encourage frequent game play whenever you have time to log in and will usually reflect that in their rules and requirements. Mobile bonuses very often come with a time limit of hours to days so that you will log in and play as often as you can during the bonus period to take full advantage of the offer before it disappears. Another advantage to the mobile casino and bonuses is that you can stay informed of special offers and promotions as they happen, so you’ll never miss an opportunity.
No Deposit Bonuses
No deposit bonuses are usually small bonuses you receive just for signing up with a casino. They allow you to try a few games and see if they are for you with no risk but carry high wager requirements and usually cap the amount of winnings you can withdraw from using your bonus.
Monthly Re-load Bonuses
These bonuses differ from welcome bonuses in that they can be claimed more than once. They’re used to encourage loyalty and continued play and are usually a 50-150% increase on your monthly deposits up to a specified amount.
Refer a Friend Bonus
Just like it sounds, if you invite a new player to join and they use your invitation link to sign-up, you can receive a reward for their initial deposit and even a percentage of their future deposits depending on the offer.
Preferred Payment Bonuses
There are many ways to make your deposits into your casino account including credit card, direct debit, PayPal, or third party processing. Some casinos will reward a specific method of payment because it’s either more secure or costs less for processing. There’s usually a percentage increase on your deposit for using the preferred method.
Free Play Bonuses
These differ from No Deposit bonuses in that they usually have a time limit of minutes to hours. They’re designed to allow you to try out a casino or game, and if you win, you can withdraw the funds after making the minimum deposit amount for a new account. You can then withdraw the amount won and not the free play amount initially given.
Free Spin Bonuses
Free spin bonuses can either be attached to a deposit or listed as deposit free. The no deposit free spin allows for a set number of rounds of play at a predetermined value. When combined with a deposit, they’ll usually be a set number of spins you receive for making your deposit.
High Roller/VIP Bonuses
This is a rewards bonus for the next level player; someone who has proven that they’re serious about online casinos and has made several deposits of significant amounts. VIP bonuses can vary from percentage increase on deposit, special offers, or free spins to cool gifts and even cash-back rewards.
As you can see, there’s a variety of bonuses for you to choose from and you can find the best ones for you with a little research and understanding. If you’re going to visit an online casino, get the most out of it by taking advantage of these amazing offers, today.