Understanding the different types of bonuses

Bonuses are one tactic that online casinos use to reward their players for visiting and to stand out amongst the rest. A casino with a good bonus, attracts new players and with so many casinos out there, these promotions can help players decide where to play. For players, bonuses are the opportunity to increase their bankroll when playing, because all of the different types of bonuses do offer some sort of monetary incentive to players who join, make a deposit, refer a friend and more. Of course, before accepting any bonus, players should thoroughly check into the terms and conditions and look into the reputation of the online casino. Below are the main types of bonuses that most online casinos offer. Types of Online Casino Bonuses 1. Welcome Deposit Bonuses – deposit Welcome Bonuses are offered to new players when they sign up to play at a casino for the first time and make their first deposit. These bonuses promise players to match a specific deposit amount. Many online casino Welcome Bonuses say they'll provide 100% deposit matching, which means that for every dollar a player deposits, the casino will match it. For example, if a player deposits $100, the casino will provide them with another $100; giving them a $200 bankroll to play with. Usually, these Welcome Deposit Bonuses do have a set maximum. Different casinos have different offers. 2. No Deposit Bonuses – with these bonuses, players are enticed to join and check out a casino without having to make a deposit. This allows them to see everything that the casino has to offer, while playing for real money that is not their own. In order to receive these casino bonuses, players typically need to simply create a Real Money account at the casino. Though they don't need to make a deposit in order to receive the bonus money to play with, it's not uncommon for casinos to require players to make a deposit before they're allowed to make a withdrawal as part of the terms and conditions to satisfy the bonus in order to verify the financial account. Like Welcome Deposit Bonuses, No Deposit Bonuses are usually only offered to players that are creating a casino account for the first time. 3. Refer –a-Friend Bonuses – almost all casinos offer player some sort of incentive for recommending friends to join the casino. Typically, they are flat rate bonuses like $25 or $50, though some casinos will provide referring players with a percentage of their friend's first deposit amount 4. Reload Bonuses – reload bonuses work like Welcome Deposit Bonuses, except they are offered to players who already have casino accounts. This rewards them for continuing to play and make deposits at the online casino. For all of the above bonuses, players must satisfy the terms and conditions before they are able to cashout their bonus. There are also two bonus structures that determine whether the bonus itself or just the winnings can be cashed out. With a sticky bonus, the original bonus amount is deducted from a player's total when they have satisfied the bonus terms and go to make a withdrawal. This effectively means they only get to keep the winnings from the bonus, but not the bonus itself. A cashable bonus, allows players to withdraw all money that is in their account once they have satisfied the bonus terms and conditions with no deductions.