It probably isn’t a good idea to choose an online casino purely because of the available bonuses, but it is certainly something you will want to take into account. Ideally, you want a venue that offers the games you like, creates a suitably entertaining environment, treats you well, and offers great bonuses.
A casino bonus is a reward that you receive for completing a certain action. The most common types of bonus would include:
- Sign-up bonus
- First-deposit bonus
- Loyalty bonus
- No deposit bonus
- Payment method bonus
- Monthly bonus
- Welcome bonus
- ‘Refer a friend’ bonus
- High-roller bonus
- Reload bonus
- Matching deposit bonus
One of the biggest misunderstandings about casino bonuses is the idea that this credit is somehow worthless. It is true that there can be restrictions on how this credit is used, but otherwise it is treated the same as the money you add to your account. In order words, if you don’t take advantage of your casino bonus, it does mean you will be losing out.
The main reason so many of us underestimate the value of free casino bonuses is that it sounds too good to be true. Why would these online venues give away something for nothing? The reality is that there is a great deal of competition between the various casinos, and these bonuses are part of the price required to win your custom.
What to Look for When Choosing Casino Bonuses
One of the most important considerations when considering casino bonuses is the restrictions that apply to it. The less repeatable casinos can have so many strings attached to this free credit that it makes it almost worthless. One of the advantages of using a website like this one is we tell you the real value of the bonuses that are being offered, so you can base your decision on more than just hype.
The most common types of restrictions that apply to casino bonuses would include:
- A sticky bonus is one that can never be cashed out – this credit stays in your account but you can withdraw any winnings you accumulate using this bonus
- A phantom bonus disappears as soon as you cash out
- Cashable bonus – you can turn this credit directly into cash although there may be wagering requirements that apply to it
- Non-cashable bonus – e.g. sticky bonus or phantom bonus
- Time-limited bonus – you need to use it within a certain time limit
- Insurance bonus – this is given as a percentage of your loses
There are many players who have become obsessed with bonus hunting (aka bonus whoring). It is always nice to get something for nothing, but you don’t have to waste too much time on this type of activity. We provide all the latest information you need about available bonuses on here. You can use our comparison charts to quickly find the latest best deals – we recommend you check these charts regularly if bonuses are important to you.
Some casinos can be generous with their first-deposit bonus but a bit stingy otherwise. We suggest that you consider the full package of bonuses before choosing one of these venues. If you are going to be returning to the same venue regularly, your loyalty should be rewarded.
The Advantages of a Casino Bonus
A casino bonus means you get to play with some free credit. It allows you to play more games, so it increases the likelihood of you hitting the jackpot – it also means that you get to spend more time playing. The availability of so many attractive bonuses is one of the advantages of online casinos, and you can do well out of these special offers if you know what you are doing. You can use the information on our website to find the best casino bonuses as well as other important information you will need when choosing a venue.