Why are Casino Bonuses offered by online sites

Why are Casino Bonuses offered by online sites

What is a Casino Bonus?

Receiving a bonus when registering with an online casino is always something to appreciate. You could be given some free spins, a matched first deposit, cashback,a combination of these or even a bonus that doesn’t require a deposit to be made. This article will look at why they are offered, the different types and the best way to use the bonuses.

The online casino industry is a highly competitive one. Casinos will do all they can to attract new customers and bonuses is an important way of doing that. It is important though that you always check the terms and conditions of any casino bonus. Not all bonuses are as good as they look, if there are very high wagering requirements then it’s not a great offer. Also, look at the site beforehand, read our reviews and find out how trustworthy the site is.

What are the different types of Casino Bonuses?

Just as is the case with online sportsbooks, there is no one set bonus that is on offer. Sites will try to be innovative as well as generous. We will now look at the different types that are available.

  • Matcing of Deposits
  • No Deposit Bonus
  • Free Spins
  • Multiple Deposits Bonus
  • Deposit Bonus and Cashback

Matching of Deposits

This is one of the most popular casino bonuses that are offered. You need to open a new account and choose a payment method. Then, the first deposit you make into your account will be matched by the online casino. This is often a 100% match up to a maximum bonus amount that can be received. There will be terms and conditions attached to such a bonus, for example wagering requirements.

No Deposit Bonus

This kind of casino bonus isn’t too common but is very welcome when it is. You are not required to make a deposit into your account to receive this bonus. It can be an offer of free spins on slot games or even bonus cash. The amount you can win from this bonus will be capped at a certain figure. It’s a good offer as this gives you the chance to play some of the games on the site without having to use your real cash balance.

Free Spins

This is a good casino bonus for lovers of slot games. You receive a certain number of free spins to use on selected slot games on the site. The free spins will have a given value and there will be restrictions such as the amount of money that can be won from the free spins.

Matched Deposits and Free Spins

Here we have the best of both worlds. Not only are you given a matched bonus on your first deposit but also some free spins too.

Multiple Deposits Bonus

It’s good to get a bonus based on the size of your first deposit. With some sites, the matching progresses onto the second, third and even fourth deposits made. This will be of varying percentages and maximum amounts received.

Deposit Bonus and Cashback

This type of Casino Bonus sees the matched deposit offer in place again. However, in addition to this, there is an offer of a set percentage cashback offer on losses made in a certain period.

The importance of following terms and conditions of Casino Bonuses

With all bonuses and promotions offered by online sites, there are terms and conditions that need to be met. We cannot stress the importance of following these terms. Not doing so can http://casinosreview.ca/bonuses/no-deposit see you not receive the bonus at all or lose it once it has been received.