When you first sign up to an online gambling site, there will be a list of the rewards available. So, when you're choosing the site with the best, most beneficial perks, you should have a clear idea of what each one can do for you. To be able to do this, you need to research into the types of bonuses available, how they work, and they pros and cons of each one.
A lot of the discounts the website will provide is for new customers, such as rewards for opening accounts and depositing money. This can help you, as a new customer, to trial the casino and see if it meets your expectations before you decide to sign up as a long-term player.
Also, many sites offer VIP programmes to reward player loyalty, which will usually give them extra incentives, offers, and membership perks like exclusive games. Many choose to reward players loyalty by providing them with ongoing offers and discounts throughout the month.
What types of bonuses are there?
There are various types of casino bonus handed out by online gambling sites. The most common of these include credit on the player's account, free spins or plays on popular games, cashback, or loyalty credit during the week or month.
A lot of the benefits out there are available to new players and first time depositors. For example, the site might offer you a first deposit bonus. This will usually be in the form of a percentage match, with a cap on the total amount given, such as “100% deposit match up to $300.
Another type that is available is the “Play Only Bonus”. With this type of casino promotion, the individual will have funds added to their account; but this money cannot be withdrawn and can only be used to wager.
Winnings are added to their balance and can be withdrawn once the wagering requirements have been met. The typical wagering amount could be between 10x and 50x the deposit; for instance, the terms could be “100% with 15x wager”.
For existing customers, some sites also give their customers ongoing promotions to reward customers' loyalty. These can include reload bonus, which are given for play only that can be offered weekly or monthly. The site could also offer free spins on popular games to enhance the player's experience.