Casino Bonuses
Online casinos offer you all kinds of bonuses. Casino bonuses vary from time to time but they all are there to keep players happy and interested in playing longer. Here is list of some of the most commonly offered bonuses and how they work.
Match Bonuses
These are a standard type of bonus offered by most online casinos for the simple reason that they diminish a lot of the risk factors associated with giving free money and curbs unscrupulous players. Players must make a deposit to avail the match bonus. The bonus is delivered as a percentage matched to the amount you have deposited.
For example on a 50% match bonus, it means that you receive an extra 50% to your bankroll upon making a deposit at the casino. If you have deposited say $ 1000 and the casino offers a 50% match bonus of up to $500 free, you would be getting $500 dollars extra in addition to your initial deposit. Hence your bank roll will be $1500 when you being to play at the casino.
The same applies to 100% match bonuses and 200% match bonuses and so on. What must be understood is that there is cap on the amount of free money you can get. The casino sets this limit. For instance, if you make a deposit at a casino offering a 100% bonus up $200, it would mean that when you deposit $100 you get $100 extra, or when you deposit $200, you make 100% match bonus and make $200 extra. But if you deposit $300, your bonus amount would be $200 because that is the slab set by the casino.
Players must however always be aware of the wagering requirements.
No Deposit Bonuses
This type of bonus, as its name suggests, does not require any deposit from the player to begin playing at the casino. These online gambling casino bonuses aren’t often offered b casinos as they are more likely to be abused by players and present a greater risk for the casino. The bonus is usually small and demands much higher wagering requirements. It proves useful however in helping players get a feel of the casino and the games.
Monthly Weekly Bonuses
Presenting players a lucrative opportunity, certain casinos may offer players monthly and/ or weekly bonuses. These work on the same principles of the match bonuses. Players will be permitted to avail these bonuses once in a month or in the time frame set by the casino.
Banking Bonuses
Certain online casinos encourage the use of alternative payment options to make purchases and offer bonuses when players use payments options other than the credit card. This is mainly because casinos face a lot of difficulties in the processing of credit card payments due to government regulations that require close scrutiny by financial institutions of transactions made for online gambling.
Casinos offer a bonus of 10 to 20% on the use of payment options like click2pay, Neteller or myCitadel for transactions. This percentage is usually added to your match bonus and gives you extra money on your bankroll. Banking bonuses also have a limited amount per deposit.
High Roller Bonuses
These bonuses are offered to players who make a bigger initial deposit. These bonuses usually range between 40-50% of the deposit amount and often less than the standard 100% match bonuses. Size of the bonuses vary from one casino to another and are also based on the promotion scheme.
Refer a Friend Bonus
Bringing in more business to a casino is well appreciated. Existing players are offered bonuses when they bring a friend to the casino who will create a real money account with the casino, deposit money and play there. For a player to be eligible to receive this bonus the referred player must not be an existing one and he must deposit the specified amount at the casino.
Feature Promotions
These special promotions or bonuses are time bound and are available only for the mentioned time period after which they expire. Players must check the website often to know of the promotions and catch them if they missed them the first time.
Loyalty Rewards Bonuses
Owing to the stiff competition among the online casinos, promoters present players with loyalty bonuses for playing with the casino frequently. This is usually given in the form of points. Players can accumulate their points which can be transferred to credits and used to play.
Free Time and Starting Balance
These are very recently introduced concepts and are available at a few Microgaming casinos. Here a casino gives players free credits to play with within a certain amount of time. After the time ends any amount made by the player above the amount that was given to him initially is considered his winnings. In order to withdraw their winnings the player must make a deposit at the casino and meet the wagering requirements. The free starting balance bonus works on similar lines except that there is no set time limit attached with the bonus