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Types of Casino Bonuses and Promotions
One of the major differences between online casinos and offline casinos is the quality of their promotions. Although online casinos may not offer the likes of slot tournaments and show tickets, they offer promotions which at the end of the day makes more meaning to players as far as cash is concerned. Everyone likes a good deal, especially if he fully understands everything about what is being offered.
But if you are not well informed, you may find out the hard way that most of the bonuses and promotions offered by casinos are not free. You’ll find out that there are conditions to be met before you can fastly withdraw your winnings. Depending on the type of player you are, you will find the best casino bonus offers that are best suited for your needs in this guide.
Best Online Casino Bonuses
Below is a list of the most common casino bonuses you will find online:
- Welcome Bonus
New customers are often treated to welcome bonuses or online casino sign-up bonuses. These are often in the form of match bonuses, but they can also be offered as a combination of several other perks in some cases.
- No Deposit casino bonuses
Sometimes casinos may give players bonuses that are meant to be used only for playing. These usually small online casino bonuses can be enjoyed without making a deposit first, and they cannot be withdrawn from the account until after you have fulfilled the wagering requirements attached.
- Match Bonus
This simply means that the casino has agreed to double whatever amount of money you deposit. If a casino offers a match bonus of 100% up to AUD 1000, it means that they will double any amount you deposit if it doesn’t exceed AUD 1000. For example, a deposit of $500 will attract a bonus of %500, giving you a total of AUD 1000. All casinos do not offer the same bonus percentages and amounts.
- Banking Method Bonuses
Sometimes the best sign-up casino bonus comes when you use a specific banking method to fund your account. It is often in the form of a small percentage added to a given match bonus as an incentive to use a funding option. Check PayId real money pokies and PayId withdrawal casinos
- Reload Bonus
A reload bonus is one of the most common casino bonuses today. It is not new customers alone that get to enjoy match bonuses. Casinos also offer smaller match bonuses to their existing customers. Such bonuses ate called reload bonuses.
- Game Bonuses
These offers are no longer quite as common today as they used to be in the past. If you happen to see a casino that gives game bonuses, it will only be enjoyed if you play the particular game for which it is offered, hence the name.
- Cash Back Bonus
Casinos sometimes give a cashback bonus to their customers for any of the following reasons. It can be in the form of a percentage reimbursement on losses suffered by a player. Or it can be in the form of a points-for-cash system where players earn points for money they gamble in the casino.
- Sticky Bonus
Just like the no deposit bonus, the sticky bonus is meant to be used only for playing. The bonus itself cannot be withdrawn, but any winnings gotten from it can be withdrawn.
- High Roller Bonus
These are bonuses that casinos reserve exclusively for their high-profile players – those that stake big money on each round. The biggest bonuses that casinos are likely to offer to the public are often between AUD 5000 to AUD 10,000. It is rare to find one that offers more than that amount.
If you are looking for a high roller bonus, you need to make the necessary inquiries with the casino before you go ahead and make your deposit.
- Free Play Bonus
This is a kind of win-win situation that casino creates for players. It is a semblance of an insurance policy where the casino covers customers’ losses that do not exceed a given amount of money. But if the player happens to win, he would not get to enjoy the bonus.
That is all there is regarding the common online slots real money sign-up bonuses offered by online casinos. However, online casinos also have on the menu other offers apart from bonuses. The various online casino promotions are listed in the next section.
Types of Casino Promotions
There are several promotions that one can benefit from online casinos. The most common promotions that you will find in this category include:
The kind of VIP promotions offered for online gamers differs greatly from casino to casino. Some casinos offer VIP promotions that are just like cashback bonuses where you are awarded points based on the amount you bet, and then when you have gathered enough, you exchange the points for cash.
Another system of VIP promotion that casinos use is a more complicated system that involves the grouping of players into multiple levels. The higher the level, the more bonuses there is to enjoy. Here, points you earn are used for two purposes – for a cash refund and for attaining higher VIP levels. Find the best paying online casinos in Australia here
Some of the benefits that VIP players get to enjoy from casinos include:
- Points multipliers that allow you to earn points faster.
- One-on-one service.
- Higher rate of converting points to cash.
Getting the Best Casino Bonus
When you register with a casino for the first time, most of them will give you a welcome bonus on the first deposit you make into your account. This bonus will greatly increase your chances of winning and allow you to boost your account. The latest casino bonuses are very profitable and give you a chance to win larger rewards. However, it is advisable to determine the wagering requirements before registering with any casino since your wagers will determine how soon you can convert your bonus to cash.
What Are Wagering Requirements?
A wagering requirement is simply the least amount of money you are expected to wager before you cash out your bonus.
It is usually a multiplier indicating the number of times you have to bet the value of your first deposit or bonus. A lower wagering requirement is better for the occasional gambler.
Bonus Terms & Conditions
As stated earlier on, the online pokies with signup bonus offered in online casinos are not completely free, so be sure to carefully read through the terms and conditions of the bonus on offer and note the following:
- The minimum deposit for the bonus. You can get the list of $10 minimum deposit casino websites in Australia here
- If there’s a time limit for using bonus funds
- Games that are covered in the bonus offer.
- Are there any promo codes to enter?
Reading and understanding the casino bonus terms and conditions will allow you to make the most of bonuses.