Everything You Need to Know About Casino Bonuses|PHL63

Casinos have mastered the art of attracting and keeping loyal players. Read on for the best online casino bonuses and how to make the most of them.
Everything You Need to Know About Casino Bonuses|PHL63

Foreword|PHL63

Casinos have mastered the art of attracting and keeping loyal players. While factors such as a casino’s reputation and game quality can attract experienced players, beginners often look to the casino’s bonuses. After all, in a world of options, it doesn’t make sense to start from scratch.

But don’t just claim everything you come across. That’s because some casinos include unrealistic bonus terms, making it impossible to withdraw bonus cash. Also, some bonuses are just better than others.

What are casino bonuses?|PHL63

Casino bonuses are basically promotions or rewards for new and returning players. New players simply need to create a casino account to claim their bonus. However, you may need to deposit a certain amount to receive the bonus. Additionally, casinos may include bonus codes for triggering bonuses. As for loyal players, promotions are just a matter of making a few deposits and real money spins. You’ll learn more about these in the next section.

Common Online Casino Bonus Types|PHL63

  • Deposit Bonuses: Deposit bonuses are the most common online casino welcome bonus. After creating an account, the casino will offer to match your winnings, up to a certain amount. You just need to make an initial deposit and claim your reward. For example, a casino might offer you a 100% welcome package of up to $100. In this case, a $100 deposit attracts a $100 bonus. Let’s say the casino doubles your initial deposit to the specified amount. Remember, bonuses are not withdrawable.
  • No Deposit Bonuses: For most players, no deposit bonuses are the “holy grail” of all casino bonuses. As the name suggests, new players do not need to make an initial deposit to claim this reward. Just complete the registration process and claim your bonus. But due to their free nature, most online casinos do not offer deposit bonuses. If you find one, the reward is usually between $10 and $50. Compare that to the hundreds or thousands of dollars you’d get with deposit bonuses.
  • Cashback: Knowing that players lose a lot of money, online casinos need to introduce cashback bonuses. This is a loyalty program that awards players based on how many times they lose their bets. Cashback promotions run weekly or monthly. Here’s an example; a casino can offer players 50% weekly cashback up to $50. So if you lose $50 that week, the casino will refund the $25 free bet.
  • VIP Levels: Non-UK players know a thing or two about VIP promotions. This is a loyalty program that uses a tier system, usually gold, silver and bronze. This loyalty program is usually for the most active players who place huge bets. Players collect points every time they climb the VIP ladder with real money bets. But what are the benefits of getting VIP status? VIP players enjoy perks like instant cash withdrawals, higher betting limits, tournament invitations and special bonuses. Some casinos even provide VIP players with their personal account managers.
  • Slots and poker tournaments: The casino hosts a variety of slots and poker tournaments. You can join other professional gamblers in these tournaments and win coveted prizes. The beauty of these events is that they are easy to join and participate in. Even better, the casino is not involved in these games. It all depends on your skill and a little luck. But it always checks how many people participated in the competition and the prize pool. For example, if 50 players pay $20, the total prize pool will be $1,000. Therefore, if the amount is distributed to the top ten players, the amount can be the smallest. But hey, if you win something, the bragging rights are yours.

Tips for Finding the Best Online Casino Bonuses|PHL63

The problem is that almost all betting sites offer welcome bonuses and loyalty rewards. This can mess up your straightforward options a bit. So how do you find the best online casino bonuses? Here is the list:

  • Bonus size: This is the first thing most players look at when choosing a casino bonus, so don’t underestimate the size of the bonus. No casino player worth their salt would be willing to choose a smaller bonus package over a larger one. Be careful though, as higher bonuses also attract higher wagering requirements, as you’ll see in the next point.
  • Wagering Requirements: Wagering or game pass requirements are how many times a player must wager a bonus in order to withdraw. Yes, this involves all bonuses. Let’s say a casino offers a $200 welcome bonus with a 30x wagering requirement. This means that the player must wager the $200 bonus thirty times ($200 x 30) before the bonus and any winnings can be withdrawn. So avoid higher wagering requirements.
  • Maximum Betting Limits: Casinos can make lame excuses to cancel your bonus progress and winnings. These sites will usually cancel your bonus progress if you exceed the maximum betting limit. Most online casinos allow players to use bonus amounts ranging from $1 to $5 per round. This is another reason to be wary of those big, unrealistic red envelopes.
  • Other bonus terms: Bonus terms also include other conditions that players must meet. Usually, the casino specifies how long the bonus is valid for. This can be anywhere from 5 to 30 days. Also, check the bonus terms for eligible games, usually slots. Additionally, bonus tables may specify minimum deposit amounts and eligible deposit methods.

Grab the bonus!|PHL63

Bonuses are the best thing that can happen to any online casino player. Use them to test the casino games and win something on your lucky day. But don’t just fall for any bonuses. Read the fine print carefully to make sure the bonus terms are player-friendly. Also, do your research to make sure you’re claiming the right bonus at the right online casino.

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