If you’re new to the online casino scene, you may often wonder how online casinos attract new players and keep their old members happy. With so many online casinos popping up, everyone must remain competitive or lose their community. Casino bonuses offer an easy solution for these casinos.
Online casinos offer excellent bonuses to keep you happy, boost your bankroll, and provide a chance to try out new games for free. There are several types of online casino bonuses, making it challenging to pick the best type of bonus. With advances in technology making it possible for online casinos to offer their services to the mobile gaming community, bonuses are also available to mobile casino players.
In this article, we will do our best to provide the definitive best casino bonus type and reasons for our choice.
What is an Online Casino Bonus?
Online casino bonuses are free credits or free spins that an online casino offers its players to improve their gambling experience. These bonuses are available to make you become a regular on a casino, and most of the time, the bonuses achieve their goal.
There are several types of online casino bonuses, and to determine the definitive best casino bonus, you need to know about all available bonuses.
Types of Casino Bonuses
In this section, we look at the various types of bonuses you will find on online casinos. Each casino will offer one or more of these bonus types, so you need to make the right decision when picking a casino.
No Deposit Bonuses
The no deposit bonuses on online casinos have a special place in our hearts since they let us try out excellent casino games without spending real money. Unlike demo games, you have a chance to win real money when playing with no deposit bonuses. Most casinos that offer this type of bonus usually don’t require your bank details, but you’ll need to provide this information when you need to withdraw your winnings.
These are the opposite of the no deposit bonuses. To claim a deposit bonus, you need to first deposit some money on the online casino. There is usually a minimum amount that you must deposit to qualify for these bonuses, so you need to read the fine print on the online casino.
These are bonuses that are open to players who become loyal members of an online casino. Different casinos have different methods when it comes to assessing their members. On some casinos, spending C$20 might earn you a point, and the casino may need you to get 100 points to become a bronze member.
As you advance in loyalty level, your bonus on the casino increases. Certain casinos may also have challenges or missions that you need to complete to earn free spins, bonus coins, and more.
High Roller Bonuses
The goal of an online casino is to make money from players who bet on its games, and there is a lot of love for players who bet large amounts. Casinos show their love to high rollers by offering high roller bonuses or rewards. As a high roller, you will be making deposits of large sums, so this also helps you qualify for higher VIP levels much faster.
Free spins are common bonuses on online casinos, but you can only use them on slot games. The casino will often specify the slot games on which you can use these bonuses in the bonus conditions. Many of the free spins offer on online casinos usually give you a chance to try out new slot releases.
The welcome bonus on an online casino is a type of bonus the casino gives to new players on its platform. These bonuses can be no deposit or deposit bonuses. This bonus may also be referred to as a sign-up bonus which implies that you need to register an account with the casino to claim it.
Casino games are fun, but you shouldn’t expect to win every time. In some situations, you may have a losing streak. When this happens, some online casinos offer a cashback bonus. This is a percentage of your total losses that the casino is willing to refund. Some casinos may provide a 10% cashback while others may opt for 10% – it all depends on how they operate.
The reload bonus is an ongoing bonus on most online casinos. While the welcome bonus will make players sign up on the casino, the reload bonus is necessary to keep players depositing. The casino may offer a match when providing reload bonuses to players.
Bonus Credit Vs. Free Spins
Casino bonuses can take the form of free spins or bonus credit, but how does this affect you? With the free spins, you only get to play slot games. Although many players love to play slot games, there are times when you want to play other casino games. In such situations, the free spins restriction becomes an issue.
With the bonus credit, the casino gives you a bonus amount in your bonus wallet. This bonus credit is available for use on any game on the online casino. In most cases, getting bonus credit from the casino is your best option.
What Does a Casino Imply by Matching?
When offering bonuses, some casinos may give players a specific amount for any deposit amount. For example, a casino that provides a C$200 bonus on your first deposit may be willing to pay out C$200 for a C$50 deposit and C$200, which isn’t fair to some players.
To resolve this issue, many online casinos opt for a match bonus.
With a match bonus, the casino can offer 100% on deposits. This means that a player who deposits C$50 will get a C$50 bonus credit, while a player who deposits C$200 will get a C$200 bonus credit.
Leaving the bonus as it is can get the casino into problems, which is why there is usually a limit. Some casinos will specify a match bonus of up to C$500, which implies that they won’t pay bonuses above C$500.
What bonus option is our best?
From the list of bonuses we have above, the no deposit bonuses are our choice for the best type of bonus on online casinos. However, online casinos don’t intend to give out free money, which is why they have terms and conditions. Read on to learn more about the terms and conditions.
Bonus Terms and Conditions
There are several terms and conditions online casinos use to protect themselves when offering bonuses, and these include the following:
The wagering requirement refers to the number of times you need to wager a bonus before it becomes available for withdrawal. The wagering requirement on an online casino may be stated as 25x, 30x, 100x, or more.
For a C$20 with a 25x wagering requirement, you need to stake this bonus amount 25 times or bet its equivalent (C$20 * 25 = C$500) before the bonus becomes available for withdrawal.
Another condition casinos use as a protective measure is the withdrawal limit. This is the maximum amount the casino is willing to pay out as bonus winnings. Many players ignore this condition and learn about it when it’s time to withdraw.
If a casino has a withdrawal limit of C$1,000 and you’re lucky to amass up to C$5,000 in bonus winnings, you will only receive C$1,000 when you withdraw. You will have to forfeit the additional C$4,000 to the casino.
Bonus Time Limit
Although you usually have enough time to play with a bonus, specific casinos have strict time limits on their bonuses. When selecting a bonus offer, remember that the free spins often come with a shorter time limit than bonus credit.
Introducing the No Deposit No Wagering Bonuses – Our Definitive Best Type of Bonus
Now that you have information on the various types of bonuses and an online casino’s common terms and conditions, we can introduce our definitive best type of bonus. In our books, this is the No deposit, no wagering bonuses.
With these types of bonuses, you get a chance to play online casino games for free – without having to spend a dime. Also, you eliminate one of the most troublesome conditions on casino bonuses, the wagering requirement.
When you play with a no deposit no wagering bonus, any amount you win with the bonus on the casino is transferred directly to your real money balance. Due to the exceptional quality of the no deposit no wagering bonuses, it can be challenging to find this type of bonus on many online casinos.
Finding No Deposit No Wagering Bonuses
Unlike the other bonuses, the no deposit no wagering bonuses are like diamonds – they are very rare. To find these bonuses, you will need to go through the information available on the best review sites you can find.
There might be a need to compromise when choosing your bonus offers, and if you need to, here are other excellent bonuses you can claim:
- No wagering free spins
- No wagering bonuses with deposit