A major benefit of gambling online is that you can get rewards and bonuses for playing casino games. These benefits can provide you with significant finances you can use to gamble and add some extra advantage to your account. Online casinos allow you to earn rewards and bonuses just by registering or depositing, something you don’t get if you join a land-based facility.
Reputable gambling resources are very generous with rewards, and if you register on their websites, you can earn a lot of money if you take advantage of their bonuses. Of course, you need to be a high roller to get the best value, but you can earn plenty of benefits even if you are a small stake player. It all depends on your goals and strategies.
But the world of online gambling is vast, with new casinos popping on the market every day, and it can be challenging to decide which one to go for or where to start an account. If you have an entrepreneurial interest in this sector, it’s best first to figure out what benefits each casino offers before registering with one.
But why do online casinos offer bonuses?
If it isn’t obvious, casinos offer a reward for the same reason all companies create loyalty programs to lure new clients and retain existing ones. All marketing tools are an integral part of a successful casino.
What are casino bonuses?
The competition in the gambling world is tough, and the online environment makes no exception because, in the present context, people prefer to play casino games online than joining a land-based facility. With the growing demand, the number of online operators is also on the rise, and they need to attract clients and retain them. The online gambling world is different from the real one because you would never get a freebie in a casino in Macau or Las Vegas. Casino bonuses such as gratis spins offer new and returning clients a reason to stay on the website and play more. They also increase loyalty and boost website footfall. Bonuses and rewards equate to money, in various forms, which encourages clients to play more, and for longer than if they would do if they wouldn’t have these rewards.
Online casinos offer a wide range of bonuses, with almost every website having welcome bonuses and weekly promotions for loyal clients. They also tend to offer bonus points based on a unique reward system, free spins, and deposit bonuses. But gamblers must be aware that all these promotions come with Terms and Conditions. Weekly or monthly promotions usually require gamblers to play specific games and respect some conditions.
Let’s take a look at the main types of rewards online casino operators offer
Welcome bonuses
The most popular bonus you find at every online casino is that of welcome bonus. Operators offer it to attract new players, and this is why welcome bonuses are also described as the most lucrative in the industry because they gain new players that keep registering with their casino.
Most online casinos offer welcome bonuses that match the deposit bonus 100% or a certain percentage of the initial sum. Some operators offer even 500% match deposit bonuses to attract clients and encourage them to open an account. However, all online casinos have their own terms and conditions on how you can use the welcome bonus, and usually, when the bonus is higher, the withdrawing terms are tighter. The operators offer the reward to encourage you to play, not to provide you with easy cash.
Deposit bonuses
Deposit bonuses are similar to welcome bonuses, but they aren’t restricted to new clients only, and thus the online casino can decide to offer them to particular groups of gamblers. Generally speaking, deposit bonuses aren’t as good as welcome rewards, but they can still provide rewards that match the sum in your account with even 200%. However, when the bonuses are so high in value, it’s best to read the requirements and regulations to determine how you can withdraw your finances. Most online operators set a specific amount you need in your account before you can withdraw the winnings and get the bonus.
Free spins
Another very popular and common casino bonus is that of free spins. Sometimes, casino operators pair fun and exciting free spins on slots with welcome or deposit bonuses to make their offers more attractive to players. Other times casinos may select a limited number of clients who can benefit from free spins because they meet specific requirements.
Free spins are exactly what their names states, a number of free spins you can use on a specific slot or group of online games. As with all other bonuses, they come with terms and conditions that require you to meet some requirements if you want to benefit them.
No deposit bonuses
When casinos offer no deposit bonuses, they provide you with free funds without asking you to create an account on their website or make a deposit. You don’t have to deposit any money to claim the bonus. Sadly, these rewards are usually small, so expect to get from $5 to $20 at best. Also, you need to check these bonuses’ conditions because it’s not always easy to get no deposit rewards. You may eventually have to make a deposit to withdraw your earnings.
Loyalty bonuses
Most operators have loyalty programs that reward the clients who play for long periods. Each casino has a unique loyalty program and scheme to choose the loyal clients who can benefit from their rewards, but generally, they provide reward points you can use to claim other bonuses. Loyalty points are usually used to get entries to competitions and leagues, deposit bonuses, free spins, and even vacations. However, before taking advantage of your loyalty bonus, read the regulations to understand exactly what you’re committing to.
Final thoughts
Most online casinos have no hidden conditions associated with their bonuses, but it’s always best to gather your information from reliable sources. Before registering to a website, take the time to research its reputation and understand what its bonuses imply.