You probably are never going to find an online casino not offering some type of bonus. Online casino bonuses are one of the parameters that attract players or not to their games. If a casino provides attractive rewards, then they will certainly attract more players than if they offered poorly created ones. Betivity is more than happy to explain what a bonus is, what types you’ll find in the industry, what benefits do they offer you as a player and why you should sometimes opt not to receive a bonus at all. Good luck and please let us know if you want more information about this topic!
A bonus is a tool that online casinos use to attract new players and retain existing customers. Casinos provide extra money, the amount that’s offered depends on the type of bonus and player.
Online casinos use this as a means to keep themselves relevant, helping them have a reason to reach out to players. Now and then a casino will offer their players a bonus that is worth taking, Betivity will be providing all the necessary information to help you find whatever you are looking. If you have any questions or would like some help, please contact us! If not, then please enjoy this content, and we hope you learn a lot from this!
Players can encounter the following types of bonuses in an online casino:
➔ No deposit bonus: provided by the casino without requiring a deposit from the player. You usually see this offer after you register in a new casino to try out their games. It’s also commonly credited to loyal players that want to keep playing but can’t deposit at that moment.
Example: Casino Superlines offers a 10 EUR no deposit bonus after registration!
➔ Welcome bonus: also known as first deposit bonus or sign-up bonus. It’s a bonus granted after you make your first deposit in a casino, it can only be received once by the player. It’s usually a 100% match bonus, but depending on the casino it can range from 50% up to 500%.
Example: SpinzWin Casino offers you a 100% Welcome Bonus up to £200 + 25 Free Spins.
➔ Deposit bonus: also known as a reload bonus or match bonus. They are credited when the player makes a deposit. These online casino bonuses can be credited daily or monthly. Some may require a minimum deposit amount to receive them. Other types of deposit bonuses are first deposit bonuses, second deposit bonuses and so on.
Example: ShadowBet Casino will give you a 100% first deposit bonus up to 100EUR.
➔ Cash-back bonus: Credited after a player has experienced losses, it can be applied to one deposit only, or it can be based on net losses.
Example: BetBit Casino will credit you with a 15% cashback bonus at the end of each month.
➔ Referral bonus: offered when an existing player refers the casino to a friend or more people and the casino gains new depositing players as a result. It’s not very common, and they usually have many rules to follow before you can receive it.
Example: Refer a friend and get 10 EUR on their first deposit!
Bonuses actually do separate themselves into two different categories. They are:
➔ Cashable bonus: it’s the most common type in online casinos. You can cash out the bonus and any winnings you obtain with them. You just have to complete the wagering requirements for the bonus first.
➔ Sticky bonus: you can use it to wager and play, but you can’t cash it out. You can only withdraw any winnings you get with it after completing the wagering requirements. After you make the withdrawal, the bonus is removed (although some casinos offer a type of sticky bonus that’s never removed, even after a payout). For example, if you receive a 100 EUR bonus and you win 20 EUR with it, your balance is now 120 EUR. You would only be able to withdraw the 20 EUR after meeting the wagering requirements of the bonus.
Players can benefit a lot from bonuses. If you are a new player, you can test and master the games with the money provided to you before you make a deposit. It also allows existing players to wager more with extra money that they may not have at that moment and it gives them more chances to win and withdraw.
Bonuses can also have disadvantages. They are not loved by all players since they can be too restrictive, wagering requirements are sometimes too high, and not all games can be played with them. If you can’t play with your bonus, then you can’t withdraw, and that will generate issues. Players need always to read the terms and conditions of every bonus, making sure that you’ll be able to enjoy your game and use the bonus to your advantage.