Casino bonuses first appeared in Las Vegas, the fierce competition between rival casinos meant bonuses were used as a marketing technique to lure potential customers in, with promises of free meal coupons, discount hotel stays and other freebies. As casinos transitioned online in the 1990s, it was apparent these traditional incentives wouldn’t work in a digital world. In comes the no deposit bonuses that we know and love today.
Now any decent casino offers a variety of generous bonus schemes, not just welcome bonuses for new customers making their first deposits. There are numerous types of bonuses up for grabs, try onlinecasino.io for the best online casino bonus offers.
Different Types Of Casino Bonuses On Offer
Before agreeing to sign up to an online casino you must investigate what bonuses they have on offer. It is important to not just be lured in by a hefty welcome bonus, but to ensure the house offers competitive bonuses later down the line. Most casinos do this as an incentive to keep you playing with them instead of taking your money elsewhere.
The five bonuses usually available are:
• No deposit bonuses: obtain a free casino bonus without making a deposit
• Match bonuses: receive an extra percentage on top of your first deposit
• Loyalty bonuses: Gifts and goodies such as free spins, rolls and play. These are given out based on the customers betting history and frequency.
• Cashback: a fixed rate of your losses or deposits goes back into your account
• Reload bonuses: similar to match bonuses but for existing customers, however, the percentage given is usually lower than with the welcome offer
Strategies For Maximising Your Casino Bonus
With so many best bonus schemes on offer, knowing how to maximise your earnings can seem a little overwhelming, here are some tips and techniques.
• Research the bonus percentage and maximum bonus amount
Most casinos will match the first deposit by 100% but some will go the extra mile and offer 150% or even 200%. The maximum amount varies wildly too, some houses will limit you to £50 whilst other casinos offer unlimited bonus amounts!
Remember you can only make your first deposit once with each casino, so ensure you take the time to calculate how you can use this incentive to maximise your potential return.
• Research the terms and conditions how the bonus money can be wagered
This step is sadly forgotten by a lot of players, it's vital you research the terms and conditions before signing up or depositing any money as they vary wildly from casino to casino. Most sites have a set percentage you must wager before you can withdraw any earnings. The lower the wagering requirement the better it is for you, as you’ll be to play less and still be able to cash out.
• Research how much the games contribute to wagering requirements
Some casino games contribute more than others to wagering requirements, some games don’t contribute at all so it is always worth checking before you play. This varies from casino to casino but slots will often contribute 100% whereas games like blackjack and video poker will offer a far smaller percentage and roulette often offers 0%.
• Don’t be a bonus abuser
Casinos created bonus schemes to attract new players and offer a lot of incentives to keep them happy. In the same vain that customers want a fair chance to cash out, casinos expect to have a fair chance of winning that bonus back.
Online casinos have put in a range of rules to discourage bonus abuse. These rules will be written in the terms and conditions, one of the most frequently found rules is that you can’t exceed the maximum stake whilst playing with bonus money. If the maximum stake is exceeded you could be classed as an Advantage Player and the house will void all of your bonus money and winnings.
• If you win big, forfeit the bonus!
This lesser-known tip is a great way cashing in before you meet wagering requirements. Usually, at online casinos, you play with your own money before playing with the bonus cash. If you happen to win big before touching the bonus you can contact the help desk and ask to forfeit the bonus. This may seem like a strange decision but if you haven't met the wagering requirements and have accrued a large sum of winnings, it may make more sense to cash out early.
Not all casinos will let you do this, however, it is a very worthwhile tip to ensure you get to take home your hard-earned cash!