One of the best things about online casinos is the bonuses. There are four main types of bonuses, which include matching deposit bonuses, free spins bonuses, no deposit bonuses, and cash back bonuses. Find out more about these bonuses right here.
What are online casino bonuses?
Online casino bonuses are given to players by the operators of the casinos as a way to entice new players to sign up to the casino or as a way to keep registered members happy and keep them playing regularly at the casino. The four main bonuses that you are likely to come across today are the following:
- Matching deposit bonuses
- Free spins bonuses
- No deposit bonuses
- Cashback bonuses
As mentioned, some of these online casino bonuses will be part of the welcome bonus (aka sign-up bonus), and others can randomly be claimed throughout the year as part of an ongoing promotional offer. For example, when a new online slot machine arrives, the casino operator might drop 5 or 10 free spins into your account to try it out (in the real money mode).
You might be able to claim a matching deposit bonus or cashback every weekend or at the start of the week, and you may even receive a no deposit bonus on your birthday or on the anniversary day of when you initially signed up to the casino. It varies from one online casino to the next.
A closer look at matching deposit bonuses
Some online casinos with skrill as a payment option might be offering new players a matching deposit bonus of 100% worth up to $/€/£150.00 – but what does this mean? It means that you can double up on your deposit, no strings attached, up to the value of $/€/£150.00. In other words, depositing the full amount of $/€/£150.00 gets you $/€/£150.00 in free bonus money, so your new account balance would say $/€/£300.00.
If you deposited just $/€/£50.00, you would receive $/€/£50.00 bonus money, and so on. There isn’t any point in depositing more than the bonus is worth because you will still only receive a maximum of $/€/£150.00.
Also, sometimes you will find only specific payment methods, such as Skrill, NETELLER, or PayPal, will qualify for the match bonus. In other words, always read the bonus Ts and Cs to avoid disappointment.
What are online casino bonus wagering requirements?
The only thing you need to be aware of when claiming matching deposit bonuses, free spins bonuses, cashback bonuses or no deposit bonuses from your smartphone, tablet, laptop or desktop computer is that they all tend to come with wagering requirements attached. This means that you must wager a certain amount before you can withdraw. You couldn’t just claim the welcome bonus money and then withdraw it; otherwise, online casinos would quickly go out of business.
At many online casinos today, the wagering requirements (which are sometimes referred to as rollover requirements or playthrough requirements) are generally worth as little as 5x to 10x times the bonus amount up to 60x to 70x times the bonus amount.
