Many new players misinterpret that the bonus offered by online casinos are free cash and they can take it to home. However, it is not at all a fact. Online casino bonus offers are used by the casinos to attract new players and to retain their existing loyal players. They also use it way to encourage people to wager. Therefore, they take all the essential steps to discourage the players to withdraw the bonus offers, until they meet some of their wagering requirements. You need to play a minimum number of times specified by the online casino to avail of the casino bonus offer.
If you are a newbie to online casino world, you need to understand various types of online casino bonus offers before registering with any online casino. Here is a list of different types of casino bonus offers
- Match bonus on initial deposit
Many online casinos offer this type of bonus on the initial deposit made by the players. Some reliable casinos offer 100% match bonus up to a certain amount, for instance, if you make deposit for $40, you can get a match bonus of $40, which makes $80 in your online casino account. Some online casinos offer match bonuses on some special occasions as well.
- No deposit bonuses
No deposit bonus is offered by some online casinos. They use no deposit bonus a way to attract new players. AS the online casino market is highly competitive, no deposit bonus seems to be an effective technique that helps casinos to increase the player base. Unlike match bonus, you need not make an initial deposit to avail of this bonus. You just need to register a real money account on their site to obtain this bonus.
- Banking bonus
Banking bonus is one of the important online casino bonus offers provided by some reputable casinos. This type of bonus encourages you to choose a particular payment option. Online casinos may find it hard to process credit card transactions. They offer this bonus to simplify their work. If you choose alternative payment options like PayPal or Neteller, the casino may offer banking bonus.
- Refer a friend bonus
Refer a friend bonus is one of the inspiring types of bonus offers. This bonus offer lets you get a reward, if you refer a friend and make him register at the casino. The bonus amount usually ranges from $10 to $100. Some casinos offer a percentage of the initial deposit made by your friend as refer a friend bonus.
- Free time bonus
Most of the online casino bonus offers can be found in microgaming casinos only. You will get a balance initially and a time limit within which you need to play and win as much as you can. If your balance at the end of time limit is more than the initial balance, you can keep the excess. However, you need to make a deposit to meet the wagering requirements. You can withdraw the excess amount then.
Understanding all the types of online casino bonus offers can help you get a great deal.