Being a new player in the casino world, when you receive a text offering you a huge welcome bonus or free spins on a casino site, you may wonder why they offer you free money. But remember, the bonuses that casinos offer aren’t free money. There is a bonus system in place, and in this guide, you will learn how it works, what the different types of bonuses are, and how you can take advantage of them.
What Is A Casino Bonus?
A casino bonus is a marketing strategy wherein you are offered free points when joining the casino or when you are its regular players. The casinos offer you free points or money which you can use to play games. These bonuses are tethered to terms and conditions, and if you fulfill them, you can take advantage of these bonuses. Using a casino bonus is always optional. You can fulfill the conditions and benefit from the bonus, or you can let it be. E.g., if you receive a welcome bonus, it is up to you to join a casino website and try your luck.
How A Casino Bonus System Works?
A bonus does not mean that you can register with the casino and cash out the bonus. There are sticky and non-sticky casino bonuses. A sticky casino bonus doesn’t allow you to cash out even your earnings. The money you earn by using the bonus stays in the bonus system, and which is not very attractive.
There are non-sticky bonuses, which need you to use the bonus, and you can cash out the earnings. Some bonuses also need you to wager the bonus a couple of times before you can cash them out. This wagering requirement may also apply to the deposits.
But not all casino games can be played using bonuses, and not all bonuses are the same. The usage of a bonus and the working of the bonus system is different.
Different Types Of Casino Bonuses
The casino bonus system offers you different types of casino bonuses. Some of them are discussed below.
To make a player stick to the casino website, many casinos offer a lucrative welcome bonus to get an edge over their competitors. This bonus is awarded to the players who sign up or register on the website for the very first time. But beware if you are offered a huge welcome bonus as it can be a fraud. A welcome bonus of $100 or a little higher than that is average.
No Deposit Bonus
It is a bonus that allows you to avail of the bonus without making any deposit. When you succeed using this bonus, you can deposit the money later on. It is offered to allow the player to play and test the game and then pay later on.
It is self-explanatory in itself. When a user refers to the casino website within their network and a new player joins it, the referrer earns a referral bonus. The process is simple. Every new user is assigned a code, and they share this code with their family and friends. When they use this code while signing up, the code owner earns a referral bonus.
Payment Method Bonus
You are awarded this bonus when you use a certain payment method to make your deposits. Users are always looking for a quick way to make their deposits and withdrawals. Thus, casinos offer them varied payment methods. When the users use this method, the casino bonus system rewards them with the payment method bonus.
Deposit Bonus Monthly
If you are a regular player at a casino, the website offers you a deposit monthly bonus. This bonus is awarded if you actively play the games and deposit money. It is a retaining bonus to keep you engaged and beat the competition.
Free Spin Games
These are the most popular types of bonuses which are awarded to the players to play slot games. You don’t get money or points, but instead, you get chances to spin the reels.
If you are losing games, the casino does not want you to get disheartened and leave the site, so they allow you cashback bonuses. It is a small part of your loss, so you can enjoy the game before depositing any more money. The casino bonus system offers you cashback based on the amount of money you have lost.
High-Roller Casino Bonus
Not only the new or loyal players are allowed a bonus, but if you are a VIP who has deposited a large amount of money, the bonus system will reward you likewise with the high-roller casino bonus.
Why Do Casinos Offer You Bonuses?
How the casino system works may make you doubtful of why someone would offer free money But as it has been said already that it is not free money. Besides, the reasons to offer you bonuses are many.
They Want You To Play More
They want you to stay and play at their casino instead of going to the next one searching for a better bonus. These bonuses are a way to keep you engaged at the same casino.
You Are Being Compensated
When you play a game and wager an amount, you invest your time and money, and these bonuses are a return on this investment.
You Earn Because You Stayed
If you are a loyal player who has been an active player in the casino while being an active player, they reward you for your loyalty.
A bettor earns bonuses in both land-based and online casinos. So, now when you are aware of the different types of bonuses, use your bonuses mindfully. Check out beforehand what games you will be able to play with the offered bonus. Go over the terms and conditions twice before claiming a bonus and play a safe game.