Types of online casino bonuses
Online Casino Bonuses
are a way to entice people to play on their site. Following are the various types of online casino bonuses.
Welcome Bonuses
The Welcome Bonus is very popular and is also known as the New Player Bonus or the Signup Bonus. Read the fine print, as the average amount is $100. In many cases, the larger amounts would be broken down into $100 increments per month, and not one lump sum. Generally, these types of online casino bonuses can be divided into Percentage or Match Bonuses
The Percentage Bonuses differ with the amount of deposit and are generally anywhere between 50% and 500%. A Match Bonus is a 100% Bonus and is an even money bonus. For every dollar that you deposit, there will be an additional matching dollar in bonus cash. If the casino offers a 50% bonus, it would mean that for every dollar you deposit, they will add 50 cents. If they advertise a 500% online casino bonus then for every one-dollar deposit they will add five dollars.
No Deposit Bonuses
No Deposit Bonuses, just as the name suggests is a type of online casino bonus that doesn't require you to deposit anything at all. They add money to your account initially as an incentive. Usually No Deposit Bonuses are around ten dollars.
Reload Bonus
A Reload Bonus is set up so that you keep refilling your account and keep gambling. It's quite similar to a Welcome Bonus and is often 100% Match up to $100 of free money.
Preferred Deposit Bonuses
Preferred Deposit Bonuses are a form of online casino bonus that is deposited when you use the casino's preferred form of electronic payment to put money in your account. Some casinos offer 5% to 15%, which is added to your deposit when you use their preferred payment method.
High Roller
High Roller Bonuses are for players who offer large deposits. This type of online casino bonus has been known to go beyond $1000 and may come in form of a 50% bonus.
Loyalty Bonuses
Loyalty Bonuses are for players who have been with the casino for a long time and have gone up the status ladder. These bonuses increase along with larger percentages as your VIP status goes up.
Casino Whores
are people who hunt for different online casino bonuses and find the best deals. They gamble very conservatively and play on as much of the casino's money, and very little of their own. This strategy also works well for online slot bonuses where you can receive substantial bonuses.