Common Types of Bonuses Offered by Online Casinos

[Davidvictorson]

I recently won a free spin bonus on Livecasion.io, the signature campaign that I am in. Though I have been offered a type of bonus(welcome bonus) some time ago, I was excited about this particular bonus for two reasons. First, it was my first time getting a free spin bonus. And secondly, because I won a fair amount of money from the spin.

For every gambling beginner, here is a list of the common types of bonuses online casinos offer.

Common Types of Bonuses Offered by Online Casinos

• Welcome Bonuses
• Loyalty Bonuses
• Deposit Bonuses
• No Deposit Bonuses
• Free Spin Bonuses
• Cashable Bonuses
• Matched Deposit Bonuses
• Reward Multipliers Bonuses
• Referral Bonus
• High Roller Rewards
• Reload Bonuses

Please kindly note that I will be quoting the whole explanation of each of the common types of bonuses offered by online casinos so as not to miss any crucial detail

Welcome Bonuses

A first deposit bonus – typically a “welcome” bonus – is one in which the casino will match a percentage of your first deposit. For example, if the bonus is a 100% welcome bonus up $1,000, the casino will match every dollar you deposit, up to a total of $1,000.

Loyalty(VIP) Bonuses

A loyalty – or VIP – program is one where you earn points, cash, or rewards the more that you play. Every VIP program is a little different, but they’re structured similarly, as players move through tiers and claim rewards based on how often and how much they play.

Deposit Bonuses

Deposit bonuses are also a common method of motivating new players to join online casinos. Similar to welcome bonuses, these bonuses will give a multiple of the deposit after the player has opened an account. It could be 2, 3 4, or even five times the amount deposited. Deposit bonuses up to 100% can usually be used on table games, such as blackjack, while bonuses of 200%, or more, will be limited to play only on slot machines.

No Deposit Bonuses

No deposit bonuses give players a chance to try out a new casino without risking any money. As the name implies, no deposit is needed, nor is any credit card information required. The player only needs to activate an account and start playing for free.

Usually, the bonus is limited to a maximum of $150 and there will be some restrictions on it. Perhaps, you may only be able to use it on slot machines and a certain amount of “churn” will be required. For example, if you are given $100 in credit, you will have to play it through the machine 20 times, making a total of $2,000 in bets. Also, there will probably be a limit on the maximum that you can cash out. So, if you win a $10,000 jackpot with your free bonus the maximum cashout may be limited to just $500.
These restrictions may seem onerous, but casinos need to do it to prevent bonus hunters from going to different casinos and simply cashing out their free credits.

Free Spin Bonuses

One of the most popular casino bonuses you’ll encounter, a free spins casino bonus is exactly what it sounds like – the casino will give you a number of free spins on their slot games. Sometimes you may be limited to specific games, and free spins bonuses may be standalone offers or combined with another bonus. Typically a casino site will offer dozens. or even hundreds of free spins spread across your first 1-10 deposit(s).

Cashable Bonuses

Cashable Bonuses are bonuses that can be cashed out once you’ve met the casino’s conditions (typically a wagering requirement). For example, if a casino gives you a $500 cashable bonus, as soon as you’ve met the requirements, you can cash this $500 out.

Matched Bonuses

Match bonuses are one of the most popular forms of rewards at online casinos. Match bonus follows a relatively simple phenomenon wherein the casino matches the player’s first deposit with an equal amount of compensation from their side. For instance, if an online casino offers a 100% match bonus deposit and the player deposits $200 in their account, then, in that case, the casino tops up the player’s account with $200 from their side. The percentage and type of match bonus highly vary from casino to casino.

Reward Multipliers Bonuses

Many online casinos provide special reward multipliers to engage users and promote new slots. Reward multipliers are usually available within a limited period allowing players to get higher winnings. For example, if you play a slot while the reward multiplier is active, your winnings will be multiplied.

Most reward multipliers double or triple the amount you won, but some of them multiply your winnings by up to 100 times! If you know that a casino you visit offers reward multipliers, make sure to play a few slots because you might win a lot more money than is usually allowed on that particular game.

Referral Bonuses

Refer-a-friend programs are a great way to boost your bankroll if friends and family are also keen players. When a friend signs up for the casino via your link, the casino will give you a reward for your referral.

High Roller Rewards

Some casinos prefer players who are willing to make massive deposits, so they offer high roller bonuses. If you’re eager to make a higher deposit, the casino recognizes you as a VIP, which usually grants you access to all kinds of perks and events, such as free slot tournaments where cash prizes are supplied by the casino. Most casinos will require at least a $500 deposit to qualify as a high roller entry, so make sure you check the requirements before making a deposit.

Reload Bonuses

Reload bonuses are specifically for returning players who have already signed up at a casino, where the casino may match their deposit up to a certain amount, to encourage them to come back to the casino. Reload bonuses are fantastic for regular players who deposit every few weeks.

You can add some of the other bonuses which I may have missed out which you think are also common. Here is a question for veteran gamblers. Do you check the types of bonuses offered by an online casino before signing up?

Source:
https://www.gambleonline.co/casino/bonus/#:~:text=A%20first%20deposit%20bonus%20%E2%80%93%20typically,to%20a%20total%20of%20%241%2C000.

https://www.casinorankings.com/bonuses/match/#:~:text=Match%20bonuses%20are%20one%20of,of%20compensation%20from%20their%20side

https://nativenewsonline.net/advertise/branded-voices/types-of-bonuses-online-casinos-offer

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[_act_]

This is a good article but I have one disagreement about referral bonus, I can not call it a bonus unless there is addictional extra referral reward added to it which can be called a bonus. But it is nover like that. I only count it as referral reward because it is not a bonus in my opinion, it is a reward of what you worked for by referring people to join the betting site, if they join and play on the betting site, the referrer would be rewarded.

Another is cashback, probably this can be under what OP said to be cashable bonuses because there are conditions for it too in a way certain amount would have first been lost in a particular period of time before the gamblers can be eligible to get back certain percentage of the total amount lost.

[YOSHIE]

Common Types of Bonuses Offered by Online Casinos

Basically every online casino has their own way of offering bonuses to their customers, like the bonuses you mentioned, some casinos don't have these bonuses and some do.

Livecasion.io casino, indeed they give bonuses to their campaign participants every week in addition to pay/weekly for the best participants, that's a good motivation to advertise the Livecasion.io sig.

Even though the Rollbit casino we advertise, does not offer bonuses like your campaign, but we have other ways to be able to take the bonuses offered by Rollbit.
Example:

Sports Rollbot holders will enjoy up to $1,000 in free bets every month. Rarer Sports Rollbots unlock the best free bets!

Sports Rollbots holders earn a share of the profit from Rollbit's Sportsbook. 10% is paid out for all sports, receive up to 30% for sports that match your Sports Rollbot!

Other Bonuses: 10% Rakeback, Rank Up Bonuses and Cashback Rewards.

Bottom line: every online casino's bonus offer is different though, the most important thing is that users enjoy their bets and enjoy betting at online casinos.

[Gianluca95]

Great thread, congratulation sir, I've sent to you merit.

Anyway, good consideration, but in the crypto space I've never seen a casino that offer welcome bonus to a casino with deposit (a sort of bonus like BET365 does, 100% up to 100$ deposit), but it is linked mainly with

loyal points, and this takes it less attractive than the bet365's one.

[bitbollo]

Good summary! Its useful for new players. I think you can add also faucet as a bonus offered by casino. Another bonus not mentioned Is related special odds (like odds bigger than normal) offered in that case by bookmakers.

[Gianluca95]

Good summary! Its useful for new players. I think you can add also faucet as a bonus offered by casino. Another bonus not mentioned Is related special odds (like odds bigger than normal) offered in that case by bookmakers.

I think that he is talkin about only the crypto casino, and if it is, I haven't never seen any kind of bonus related to special odds, only loyalties and some free bet for the big matches that is going to be played. Many casino

should take hint from the historical bookmakers (such as bet365).

[AmoreJaz]

@OP, you can also add bet free bonus just like what betja is offering to its players from time to time but only in football sports. the winnings of this bonus however, can only be withdrawn if you deposit a minimum of 0.001BTC. but during the betting, you don't need to deposit. so if you happen to win and want to withdraw, you need to deposit first.

[Rruchi man]

Do you check the types of bonuses offered by an online casino before signing up?

It can be very misleading if bonuses are the first and only thing you consider before signing up for an online casino, you may sign up for a dubious casino even without your knowledge. Some dubious casino's can take advantage and offer very enticing bonus to lure unsuspecting user's who consider bonus first and not credibility and long time record of a casino they are about to sign up for.

As much as bonuses are good, we should avoid following after bonuses blindly.

[n0ne]

Along with this one can add weekly bonus, Monthly bonus, rakeback, lossback, VIP bonus

Monthly bonuses were provided as a monthly compliment based on the amount wagered and considering more other factors.

Weekly bonuses were provided as a weekly compliment based on the amount wagered and considering more other factors.

Rakeback is calculated based on the amount wagered. It is claimable for every 30 minutes. Lossback is provided as a small amount for the users who have lost big on gambling. Very few gambling sites provide these bonuses.

VIP bonus, every bonus amount varies depending upon the VIP level reached by the respective player. Apart from this, VIP bonus is provided on reaching next VIP level wagering the required amount.

[Doell]

Do you check the types of bonuses offered by an online casino before signing up?

Of course, to be honest I did it. That's also what more gamblers are looking for, the advantage from bonus will extend we playing long time as well. If problem of winning or not depends on the gambler's emotions, I also still have a failure rate because of that emotion, but by getting a bonus usually the gambler will be calmer and feel comfortable to spend time at casino.

[panjul07]

I think that he is talkin about only the crypto casino,

I dont think so since the title says "online casinos" not crypto casinos, means that it is a list of common bonuses in the whole online gambling industry.

Along with this one can add weekly bonus, Monthly bonus, rakeback, lossback, VIP bonus

These bonuses are included in the Loyalty (VIP) bonus already as these bonuses are part of the VIP program in the casino (I'm sure you get it from Stake). One other type of bonuses that can be added to the list is BIRTHDAY BONUS, it is not really common indeed especially in crypto casinos but it is common bonus in Fiat Casino where KYC is mostly mandatory.

[lionheart78]

Here is a question for veteran gamblers. Do you check the types of bonuses offered by an online casino before signing up?

I hope it does not hurt if the one replying isn't a veteran gambler .  I indeed often check the type of bonus offered by any online casino but I seldom avail them.  I don't know it looks like a habit of me to simply browse and check a casino's promotional content and ideas to compare how grand they are is in giving new members bonuses.  That said I also check the needed requirements to make those bonuses into real withdrawable money.


Btw I am sending you a pm kindly check it

[Jemzx00]

I think that he is talkin about only the crypto casino,

I dont think so since the title says "online casinos" not crypto casinos, means that it is a list of common bonuses in the whole online gambling industry.

Most of these bonuses are applicable on both online casino and crypto casino however there are some bonuses that is only applicable to crypto casino which is possibly which he thought this thread is exclusively for crypto casino only. Also, the OP mentioned a crypto casino which is livecasino.

Along with this one can add weekly bonus, Monthly bonus, rakeback, lossback, VIP bonus

These bonuses are included in the Loyalty (VIP) bonus already as these bonuses are part of the VIP program in the casino (I'm sure you get it from Stake). One other type of bonuses that can be added to the list is BIRTHDAY BONUS, it is not really common indeed especially in crypto casinos but it is common bonus in Fiat Casino where KYC is mostly mandatory.

Not all casinos are the same that only offers these bonuses for VIP or Loyalty Bonuses. So, I think it's a good thing to mentioned or add it on the list.

[cabron]

Common for new casinos to offer bonuses somehow there is a catch to it.

So far I have not seen a casino that does offer bonus for users participating on their forums. It might just be a good idea since some of the casino does have a forum board. I once saw a forex platform that has its own discussion board offer such bonus which the earned amount can be transferred  to the trading platform. This could also be applied to a casino, it must be worth for some users.

[crwth]

I think the welcome bonuses are the most common with the gambling industry because they want to give the most special welcome to those who have been able to start their journey on their platform. Of course that would be the enticing thing towards what they are going go through with the added bonus that they could probably take advantage of. It's going to be the usual thing that gamblers experience on the first time they try the platform.

The loyalty bonuses come from the amount of time they spend on the platform right? And not just the level that they have on their account?

[mindrust]

All of these bonuses are trying to deposit money and spend them on games. They are not realy that special. The owner of the casino has done the math. If you deposit money and wager it enough times, you’ll lose money in the long run. If it wasn’t working that way, he wouldn’t be giving out them bonuses.

It is still better than nothing though. If you are a regular player, you get to play a few more rounds.

[virasisog]

All of these bonuses are trying to deposit money and spend them on games. They are not realy that special. The owner of the casino has done the math. If you deposit money and wager it enough times, you’ll lose money in the long run. If it wasn’t working that way, he wouldn’t be giving out their bonuses.

It is still better than nothing though. If you are a regular player, you get to play a few more rounds.

It has been their effective strategy to attract more players because we all know that some gamblers usually focus on bonuses and promotions. Casino sites offer bonuses so players will keep on betting or depositing the required amount to reach the bonus requirements. It could be a trap for others but an opportunity for lucky gamblers.

[ChiBitCTy]

I often use Bovada to make my sports bets, and a few times I’ve gotten some bonus funds/money but it seems like I always have a bit of a hard time trying to redeem those funds. It is not very well spelled out how the bonus funds work, like how long until you can withdraw them and what the exact parameters that there are. Do you guys have the same issues with your sites of choice?

[Ulven]

Bonuses might seem like the best part of a casino, but they're not. Bonuses are very misleading if you don't consider the casino's entire history and reputation, So before you sign up for any online casino, you should ask yourself some important questions and take into consideration the long history of the casinos they are about to sign up for.

[swogerino]

Bonuses might seem like the best part of a casino, but they're not. Bonuses are very misleading if you don't consider the casino's entire history and reputation, So before you sign up for any online casino, you should ask yourself some important questions and take into consideration the long history of the casinos they are about to sign up for.

Bonus is just an incentive to keep you playing at that casino,most reputable casinos offer you tiers to level up and the more you play the more you level up the better your bonus is.However they are not anything that can make a difference for your gambling session because they don't make you win,bonus is just a small amount given to you for your efforts and the money spent in the casino.One casino I used to play a couple of years ago offered like money to bet or a certain number of free spins to your favorite slot if you played long enough to pass the tiers.

If you want to win big,you need only one thing,a huge amount of luck and this amount of luck 99.99% of the gamblers do not have found it,at least yet.