Types of Online Casino Bonus
August 6, 2008
Online casino bonuses are offered by most online casinos to encourage new gamblers to participate in their site. There are various types of online casino bonuses available to new and existing players, the main types of which we will now analyse.
Welcome Bonuses
The most common type of casino bonus is the Welcome Bonus, which can also be knwon as the Sign Up Bonus or the New Player Bonus. On average, the amount will be around $100 although it can often be considerably more than that. Often, it is a recurring bonus, for example you will receive $100 free to play with each month. In most cases, these types of online casino bonuses can be divided into Percentage or Match Bonuses.
The % Bonuses vary according to the amount of deposit, but can be anywhere between 50% to 500%. A matched bonus means that for every $ you deposit, the casino will match it so that you can have double your deposit to play with. If the bonus was 500%, it would mean for every $ you deposited, you would be given an extra $5 bonus to gamble with in the casino.
Reload Bonus
A Reload Bonus is set up so you’ll keep reloading your account and keep gambling. It’s quite similar to a Welcome Bonus and is often 100% Match up to $100 of free money.
No Deposit Bonuses
No Deposit Bonuses are a form of online casino bonus that doesn’t require you to deposit anything at all. They just add money to your account, usually at opening, to add incentive for you to start up with them. Most No Deposit Bonuses are around ten dollars.
Preferred Deposit Bonuses
Preferred Deposit Bonuses are a form of online casino bonus which is deposited when you use the casino’s favored form of electronic payment to put money in your account. Some casinos have reasons why they like to receive their money in one form rather than another, so they may offer 5% to 15% automatically added to your deposit when you use their preferred payment method. Keep in mind that if a casino states that their Preferred Deposit Bonus is up to $3,000, that doesn’t mean that you would get 15% by depositing $3,000, but their top limit of 15% online casino bonus is $3,000. In order to receive that bonus you’d have to deposit $20,000.
Loyalty Bonuses
Loyalty Bonuses are for players who have been with the casino for an extended period of time and have reached various seniority levels. The higher your VIP status, the more of these types of online casino bonuses you’re likely to receive and the larger the percentages will be.
High Roller
High Roller Bonuses are for larger deposit players. This type of online casino bonus has been known to exceed $1,000 and may come in the form of a 50% bonus, which would mean that for $2,000 deposited, you would receive an additional $1,000.
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