Just like every other business establishment, online casinos are established to make profits. And in a bid to make a profit, the online gambling industry has become incredibly competitive. Almost all online casinos offer bonuses and promotions to attract players. The casinos have come to realize that bonuses serve as motivation and incentive to players and that one of the ways to get players to sign up with them is by offering unique bonuses and rewards. The size and type of bonuses vary from one casino to the other. For instance, one casino might offer a no deposit bonus, while the other might offer a first deposit bonus or free spins. Check out pikakasino for the best online casino bonus.
But before you start searching for the best casino to sign up with, here are the important things to note about bonus offers and how they work.
The Welcome Offers
The name of this offer suggests its meaning. Welcome offers are bonuses that are offered by a casino to new players. This offer comes in different forms, it can come in the form of first deposit bonus, no deposit bonus, demo play and so on. The welcome offers are the most advertised offers by the casinos, so you can’t possibly miss them when you hunt for bonuses or when you hunt for new gaming platforms. This bonus offer can get very competitive. This is because it is the surest way to get new players and the best way to motivate them to register with the casino.
The Match Bonus
Another common incentive offered by online casinos to new customers is the match bonus. The match bonus rewards players with free money equal to a percentage of the money deposited by the player. Many casinos offer the 100% match bonus, so if you come across a 100% match bonus and you place a deposit of $50, you will receive an additional $50 as a bonus. You will then have a total of $100 to wager with. Every match bonus offered by an online casino has a maximum limit on the amount of bonus money you can withdraw. If the match bonus is 100%, you might be able to withdraw the sum of $100 maximum. So if you place a deposit of $100, you will get bonus money of $100, and if you place a deposit of a sum of money that is higher than $100, you will still receive the same $100 and nothing more.
The free spins bonus is a common sight at the online casino, especially for casino slot games. The free spins are mostly given upon registration. With this bonus you will be given a certain number of free spins, to use at no cost on a selection of slots, on just one slot or on all the slots offered by the casino. The number of spins given to players differs from casino to casino, while some casinos might offer just a small number of spins to players, others will offer the spins in large numbers (over 100). Many online casinos offer free spins on their new slot collections in order to advertise and promote them.
No Deposit Bonus
The no deposit bonus has been mentioned earlier and just as its name suggests, it is a bonus that requires no deposit at all. In other words, you don’t need to fund your casino account at all to get this bonus. If an online casino advertises a no deposit bonus, you will be able to claim the bonus even before you sign up with the platform – no deposit is needed. However, this type of bonus only gives you a smaller sum of money to wager with. Some casinos allow players to use the no deposit bonus on any game while other casinos restrict its use to a particular selection of games.
Online casinos are not fools, they won’t just offer you bonuses without attaching conditions to it. In fact, many of the bonuses offered by casinos seem to be too good to be true. The terms and conditions attached to bonuses by online casinos are known as wagering requirements. These wagering requirements are introduced to shield the casinos from running at a loss and also to prevent the new players from claiming huge sums of free cash upon signing up and immediately withdrawing them. Lots of online casinos offer wagering requirements of up to 35x. This means that you must wager your deposit and the bonus is given to you 35 times before you will be allowed to withdraw your winnings. For example, if you place a deposit of $100 and you get an additional $100, you will end up wagering $7000 before you will be allowed to cash out.
When considering the bonuses offered by different casinos, it is better to look beyond the welcome offers. Examine the promotion page of the casino comprehensively and note the promotions offered to their members. You will find monthly, weekly and daily offers alongside limited-time special deals and ongoing promotions in many online casinos. An online casino might have awesome welcome bonuses but won’t offer much when it comes to other promotions, on the other hand, the casino might be lacking in good welcome bonuses but have numerous other promotions. So it will be worthwhile to check all these through before choosing a site.
Safety and Security
You need peace of mind when it comes to gambling and one way to ensure that is by signing up with a casino that is trustworthy and reliable. There are so many reputable casinos on the net, but there are also casinos that should be avoided. Before deciding to choose a casino site and take advantage of its numerous bonus offers, ensure that you make adequate research about its reputation and reliability. One way to discover sites that should or should not be trusted is through a gambling license. Check the bottom part of a casino homepage to be sure that the casino is regulated by a renowned gambling authority. It is good to play at casinos with the best bonuses but it is better to play at a safe and secure casino.