One of the benefits of playing at an online casino is the bonuses. These range from a first deposit bonus, welcome pack, or even a loyalty scheme. There are dozens of casino bonuses available, making it difficult for players to choose the right one. More importantly, they need to know which online casino bonus is worth their investment and which one isnt as exciting as it sounds.
Types of Casino Bonuses
There are two main types of bonuses, sign up and betting bonuses. A sign up bonus rewards players for signing up, while the betting bonus gives them a certain percentage based on the amount of money they place.
However, some bonuses might not fall into those two categories. The most common ones include no deposit bonus, reload bonus, and game specific bonus. Most online casinos also have loyalty and VIP programs.
Welcome Bonus
The welcome bonus is a special reward offered to players who have registered at the casino. It is usually financed by the casino and given in exchange for the player’s commitment to play. It can also be classified as a no deposit bonus because players can get it without depositing any money into the account.
No Deposit Bonus
The no deposit bonus is a small amount of money, typically around $5 for mobile casinos and $10 for online casinos, given to players as a gift for completing the registration process. This type of bonus is becoming increasingly common in online casinos, and there’s no harm in taking the offer. It doesnt affect the player’s sign-up bonus or first deposit.
Game Specific Promotions
These are bonuses offered on specific online casino games. The casino offers them as a way to promote certain games which might be new or underplayed.
It allows players to develop gameplay skills in new games and understand the existing ones. These promotions are an excellent way for players to broaden their knowledge of online casino games.
Reload Bonus
A reload bonus is awarded to players when they deposit money into their online casino accounts. Some reload bonuses are straight-up bonuses: when players deposit “x” amount, they receive “y” amount in credit free from the casino.
However, other reload bonuses depend on the payment method used. In such a case, only deposits made through that method will give players the bonus.
High Roller Bonuses and Promotions
A high roller bonus is unlike any other online casino bonus. It is specifically for players who make unusually large deposits. For eligibility, the player must deposit a certain initial amount, typically over $1000.
High rollers often enjoy more benefits than average players. These include a larger Sign-up bonus, reload bonus, additional match bonus, and invitations to big online casino tournaments. Additionally, high rollers tend to accumulate VIP points fast.
Loyalty and VIP Programs
In most online casinos, the player is automatically entered into a loyalty program after signing up. Then, as they continue playing, they increase their loyalty points. Such programs are meant to encourage long-term collaboration and loyalty.
Players receive rewards, merchandise, or advance product releases when they accumulate loyalty points.
The VIP scheme can either be separated or merged with the loyalty program. When they’re merged, all players are eligible to participate and accumulate points as they play. On the other hand, a stand-alone VIP program selects a small group of players who receive special treatment. These accounts are poached by a dedicated team of VIP managers who send the player a personal invite to become a VIP.
Why Do Online Casinos Offer Appealing Bonuses?
One of the most important aspects of online gambling is the bonus structures. These bonuses are so common that those who dont offer them have trouble getting new players.
The bonuses diversify the gambling experience and make it more exciting. In fact, many players consider online casino bonuses one of the most appealing factors to join a specific casino.
Additionally, while most bonuses seem like free money from a players perspective, the casinos like 1xBet find it more profitable to offer them than not to. This is because most of the bonuses dont allow users to reap from them until theyve spent a considerable amount of real money on betting.
How to Get the Best Online Casino Bonus?
Since most online casinos will give players a few bonuses, it’s essential to know what to look for to get the best online casino bonus.
The most important step is for players to read the casino’s terms and conditions before signing up. Under the terms, the casino is also likely to explain its bonus policies. Here, a player can tell if the bonuses are actually worth it. For example, if the player has to use a ton of real money to use their welcome bonus, it might not be worth it.
Conclusion – Are Casino Bonuses Worth It?
Generally, casino bonuses are free and harmless. However, whether they’re worth taking depends on a few factors, including the wagering requirement, the casino game, and the house edge on those games.
All in all, the free online casino bonuses with no conditions like welcome bonus and loyalty points are worth it. However, the riskier ones like high roller bonuses depend on the players willingness to take a risk.
Disclaimer:
- As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman and Sikkim, prohibit gambling
- Land-based casinos are legalized, with certain guidelines, in Goa and Daman, as per the Goa, Daman and Diu Public Gambling Act 1976
- Land-based casinos, Online gambling and E-gaming (games of chance) are legalized in Sikkim under the Sikkim Online Gaming (Regulation) Rules 2009
- Only some Indian states have legalized online/regular lotteries as per and subject to the conditions laid down by state laws. Kindly refer to the same here
- Horse racing and betting on horse racing, including online betting, is permitted only in a licensed premise in select states. Kindly refer to the 1996 Judgement by the Supreme Court Of India here and for more information
- This article does not endorse or express the views of Qrius and/or any of its staff.