The first bonus is the welcome bonus which is offered by nearly all online casinos and usually comes in the form of a match deposit. In other words, the casino will match the amount of money that you deposit, up to a certain limit.
The second bonus is the reload bonus and is one of the best casino bonuses that you should have your eye on right now if you are a regular player. It is offered to existing customers to encourage them to keep coming back. The bonuses are usually smaller than welcome bonuses but can still add a huge significance to your bankroll.
The third is the cashback bonus which is a refund that you can receive from the casino based on your losses. For example, if you lose $100 while playing at the casino, you may be eligible for a 10% cashback.
The fourth bonus is the VIP or loyalty program bonus. This is a type of rewards program that is offered by many online casinos in order to encourage their players to keep playing at their site. The VIP programs usually come with different tiers and as you move up in tiers, you will be able to enjoy better and bigger rewards.
Last but not least is the no deposit bonus. This bonus does not require you to make any sort of deposit in order to receive it. All you need to do is create an account at an online casino and you will receive this bonus automatically.
Cashable vs Non-Cashable Casino Bonuses
There are two main types of casino bonuses: cashable and non-cashable. Cashable bonuses can be cashed out, while non-cashable bonuses cannot.
So, which one should you go for?
Well, it depends on your goals. If you’re looking to make some quick money, then a cashable bonus is probably your best bet. On the other hand, if you’re just looking to have some fun and maybe win some money, then a non-cashable bonus might be a better option. Other factors to consider, include wagering requirements and game restrictions.
What are the wagering requirements for casino bonuses?
The wagering requirements for casino bonuses can vary from site to site and even from bonus to bonus. In general, the larger the bonus, the higher the wagering requirements will be. This is because the casino needs to protect itself from players who might try to take advantage of the bonus by cashing out immediately after receiving it.
Wagering requirements are usually expressed as a multiple of the bonus amount, such as “20x” or “30x.” This means that you’ll need to wager the amount of the bonus 20 or 30 times before you can withdraw any winnings. So, if you receive a $100 bonus with 20x wagering requirements, you’ll need to bet $2,000 before you can cash out any winnings.
Some bonuses also have maximum cash-out limits, which means that you can only withdraw a certain amount of money even if you meet the wagering requirements. For example, a bonus might have a 30x wagering requirement but only allow you to cash out up to $500.
It’s important to read the fine print on casino bonuses before claiming them, so that you know what you’re getting into.
How to Claim a Casino Bonus
There are a few things to keep in mind when claiming a casino bonus. First, make sure you understand the terms and conditions of the bonus. Each bonus will have different requirements, so it’s important to read and understand these before claiming the bonus.
For example, some bonuses may require you to wager a certain amount of money before you can withdraw the bonus funds. Others may have time limits on how long you have to use the bonus.
It’s also important to check out the game restrictions of the bonus. Some bonuses can only be used on certain games, or may not be available for use on progressive jackpot games. Be sure to check this before claiming a bonus, so you know which games you can use it on.
Finally, remember that bonuses are usually subject to wagering requirements. This means that you will need to bet a certain amount of money before you can withdraw any winnings from your bonus. Be sure to take this into account when claiming a bonus, so you don’t end up disappointed later on.
Overall, make sure to do your research and read the terms and conditions before claiming any bonus, so that you know what you are getting yourself into.