Understanding What Different Casino Bonuses Are What They Do
In the competitive online casino market, each site must find ways to capture the attention of its audience and get them to stay in their seats. And in terms of strategy, offering casino bonuses for new and existing players is a tried-and-tested method of gaining customers.
In this article, we will talk about common casino bonuses and how to get them. Online casino sites like Kasinohai give a list of available bonuses per online casino, helping customers decide on where to go.
Five common bonuses that casinos provide to their customers
- Welcome bonus
- No deposit bonus
- Deposit bonus
- Loyalty bonus
- Free spins
What are Casino Bonuses?
First off, let’s talk about the idea behind the free play money given by online casinos. It is a popular opinion that people, in general, have a genuine attraction to freebies and giveaways.
Whether in the form of e-books, limited-time trials, or additional tools, the thought of getting more for you’re the price of admission encourages people to spend more and stay longer with a given service provider. And in the online gambling industry, this takes the form of casino bonuses.
So what is a casino bonus? Simply put, casino bonuses are free game credits that let players enjoy more online casino games through different means. Available in different amounts and types, these added perks are used by online casinos to attract more players, encourage more deposits, and retain their business.
This free play money offered by online casinos to their valued guests is also a means of adding more credits to the player’s total winnings. Since these bonuses act similar to regular play credits, any prizes or winnings they get from games count towards their bankroll.
Now that we’re up to speed with the concept behind casino bonuses, time to go in-depth into the most common bonuses online casinos give their customers.
The first type of free play credit that players get from online casinos is the welcome bonuses. Usually given when a player successfully signs up with the online casino and/or makes an initial deposit, these bonuses give players the opportunity to try out the site’s amenities before committing full-time to the online casino.
The bonus could consist of free play money, free slot rolls, or a combination of the two, depending on the site’s prerogative and what games are popular on the site. Some online casinos even give continuous bonuses for the first few days or first week upon sign up, allowing the player to better experience the online casino.
No Deposit Bonus
A sought-after form of casino bonus for avid online casino players, no deposit bonuses essentially give the player free credit for successfully meeting certain requirements. While the bonus is not that big and the criteria quite steep, having extra credit to continue a winning spree enhances a player’s experience with the online casino.
Most online casinos offer no deposit bonuses by requiring the player to match a specific betting amount in order to qualify for the bonus. For example, a player must bet a total of €100 on a single game to get a €10 no deposit bonus.
Conversely, they could also ask for players to win a set amount of games continuously to get the desired bonus. The qualifications may vary, but the main goal is for players to spend time or existing bankroll with the online casino to earn the bonus.
Contrary to the no deposit bonus option, where players earn it through constantly winning or spending, deposit bonuses are given to players that make deposits of a specific amount to their online casino account. The bonuses usually depend on the amount deposited, with the bonus covering a range from 50% to 100% of your deposit, and given in the form of cashback or additional credits.
It is advised to check the online casino’s terms and conditions, specifically regarding the minimum deposit and wagering requirements, to avoid any hiccups with retrieving your rewards. Online casinos may also require players to play a certain number of games or wager specific amounts before the bonuses are released.
Seen as an effective means to retain players, online casinos offer larger and more enjoyable perks to entice players to stay with them. And the longer you stay with an online casino, the better your chances are of joining the site’s loyalty or VIP club.
Taking advantage of the online casino’s loyalty bonuses is a sure-fire way to enjoy your favorite games more. This could also help you get some leverage when the losing streak comes. Some online casinos make requirements to redeem these bonuses easier based on the player’s duration with the site, further rewarding loyal and frequent players.
One of the more typical casino bonuses given, free spins give players more credits to use on their online slot machines. Available in batches starting at 10 spins, free spins on the slot machine are easy to earn and nets players free money. Plus, free spins are also included in most packages, like welcome packs or deposit bonuses, attracting more players to the slot machines.
Other Casino Bonuses
Apart from these common casino bonuses, some casinos also offer other types of bonuses that could make them distinct from their peers. A cashback bonus is one of these, where players get a percentage of their total spending back in the form of credits. Another is the reload bonus for existing players, where they get added credits when they top up their bankroll on a certain day.
Casino bonuses not only enhance a player’s online casino experience but can also net the player additional winnings for their bankroll. With the diversity of these bonuses, players can get many bonuses depending on how they make deposits or play their favorite online casino games. Make sure to check the site’s terms to get the most out of their bonuses.