Everything you need to know about online casino bonuses
Modern online casinos aren’t shy when it comes to dishing out generous rewards for new and existing customers. Whether you’re a new player looking to grab a huge matched deposit or a high roller after the most rewarding VIP schemes, we’ve got you covered. With a mix of the best-known online casinos and brand new casino sites on our list, you’ll be spoilt for choice. Let’s take a closer look at the best casino bonuses available online today.
Welcome bonus
With so many top online casinos available to players, it can be hard for casino operators to stand out from the crowd. To remain competitive and grab the attention of players, casino operators offer generous welcome bonuses to new customers who register an account. The biggest and best casinos fight it out to offer the most lucrative sign up bonuses, which is music to the ears of casino enthusiasts.
The most common type of welcome bonus is the matched deposit offer, which sees casinos offer a percentage of a player’s first deposit as bonus funds. For example, casinos may offer 50 percent, 100 percent and sometimes even more! This means that if you’re offered a 100 percent matched deposit bonus, you’ll receive £100 in bonus funds for a first deposit of £100.
Of course, with such generous offers, there’ll always be wagering requirements to fulfill before any bonus winnings are available for withdrawal. Sometimes, higher bonuses come with more stringent wagering.
Some top online casinos throw free spins into the mix for good measure too. These are usually in addition to a monetary offer, such as the matched deposit, so you might find an offer such as ‘100% matched deposit up to £200 plus 100 free spins’.
No deposit bonus
Whether you choose to play online slots or blackjack, this extremely popular bonus remains the same and does exactly what it says on the tin – you get to claim some bonus funds without even making a deposit! It’s a win-win for both the player and the casino. From the player’s perspective, they get to play real money casino games without spending a penny. The casino plays the numbers the game; knowing that a certain percentage will like what they’ve seen, enough to continue playing with real money stakes.
A typical no deposit casino bonus is an offer of free spins on a video slot of the operator’s choosing, but some casinos do offer bonus funds too. These are terrific for players who fancy a free shot at winning big at the table games.
No wager bonus
The biggest online casinos are offering more and more each year in bonus funds to attract new players. These offers are generous, but almost always come with wagering requirements that can be quite difficult to play through, especially for players who gamble infrequently, or on a tight budget. If you’re after a bonus that’s easier to get your hands on, no wagering bonuses are the one for you.
New casinos are cropping up offering players bonuses free of wagering requirements, such as free spins that aren’t subject to wagering requirements. As you’d expect, these bonuses don’t hit the heights of the triple figure matched deposits that high-rollers look out for, but instead, provide a much quicker way to land some real money winnings. An example of a common no wager bonus offer is ‘1 no wager free spin for every £1 deposited – up to a maximum of 50 free spins’.
Reload bonus
Sure, the majority of bonuses are designed to attract new players, but that doesn’t mean existing customers are left out. In an effort to keep players coming back, some of the top online casinos offer reload bonuses. These are usually offered to celebrate the latest promotions and upcoming events. The reload bonus simply rewards returning players for topping up their casino balance. You’ll find this bonus comes in several forms, depending on where you choose to play. The most common form of reload bonus is a matched deposit, where you’ll receive a percentage of your deposit as bonus funds – usually anywhere between 50 to 150 percent. In some instances, you’ll be able to grab some free spins instead.
Rebate bonus
You’re not always going to get the rub of the green when playing your favourite casino games. As games of chance, you’re never exempt from a losing streak, and rebate bonuses are a great way of recouping some of that lost cash. If you played live dealer roulette, for example, and lost £50, a good rebate would refund you 10% of your losses. Rebates aren’t just offered on losses, though. Some casinos offer rebate bonuses based on your spend over a certain amount of time. For instance, if you rack up £50 in casino wagers over a week, you could be in for a boost on these winnings thanks to a rebate bonus.
VIP bonuses
It’s imperative for a casino to step up to the plate and reward its most loyal players for splashing the cash on casino games. If you’re a frequent player, you’ll want to find an online casino with a rewarding VIP scheme. These have changed considerably in recent years. The very first online casinos only offered access to the biggest high-rollers, but now many online casinos have relaxed the entry requirements so more players can get a taste of the VIP treatment. The perks range from exclusive VIP promotions, event tickets, birthday treats as well as VIP points that can be redeemed to play your favourite online casino games – the more you play, the bigger your rewards!
What are wagering requirements?
No one likes to read the small print, but before you accept that eye catching bonus offer, we’d highly recommend taking a closer look at the terms and conditions to see if that welcome bonus is really as rewarding as it seemed at first glance. Let’s take a look at an example to explain what to look out for:
We’ll use a fairly common welcome bonus of 100% up to £100 plus 100 free spins. Essentially there are two offers here, so let’s start with the 100 free spins. The wagering for these will be based on the total winnings earned when using them multiplied by the turnover amount set by the casino.
So, if you use the 100 spins to land £50 in winnings with a wagering requirement of 25x, the calculation is £50 x 25 = £1,250. You’ll need to wager this amount before you make a profit. Check out the wagering requirements to figure out just how valuable a wagering bonus really is to you, depending on how likely you are to meet these requirements.
Ready to play?
Now you know your rebate bonuses from your reload offers, you’re one step closer to becoming a successful online casino player. Check out the sign up offers on our list of top rated casinos and pick out the bonus that ticks all your boxes. Don’t forget to read the terms and conditions- som payment methods, such as Neteller and Skrill casino deposits don’t qualify for bonuses! Simply compare, sign up and claim your exclusive bonus offer today!