Casino bonuses work in pretty much the same way at all online casinos and the main types of bonuses that you can find online today include No Deposit Bonuses, Matching Deposit Bonuses and Free Play Bonuses. You can also find Free Spins Bonuses, Anniversary/Birthday Bonuses, Cash Back Bonuses, 2X, 3X, or 4X Loyalty Point Bonuses and much more. Before you can claim any of these bonuses though you need to register a free account with the casino and then the first bonus that you can take advantage of is the welcome bonus.
At most online casinos today the initial sign up bonus is usually a Matching Deposit Bonus. In other words, when you make a deposit the casino will match your deposit by X amount. Let’s take a look at a quick example. If the casino is currently offering each new player a 100% matching deposit bonus worth up to $1,000, it means that the casino operator will match your deposit, dollar-for-dollar, up to the tune of $1,000. The minimum deposit at most online casinos today is generally anywhere from $5.00 to $20.00.
With this particular bonus, you could deposit up to a maximum of $1,000 and if you deposit this much you will end up with a total of $2,000 to play with ($1,000 deposit + $1,000 bonus cash). If you deposited just $20, you would end up with $40, and so on. In effect you are basically doubling up on your first ever deposit. Almost every online casino bonus today also comes with wagering requirements (aka playthrough requirements) and these must be completed before you can withdraw your winnings.
If the 100% matching deposit bonus worth up to $1,000 that you just claimed comes with a 30x times wagering requirement and you deposited a total of $50 to begin with, you would need to wager a total of $1,500 before a withdrawal is possible (30 x $50). You will find that wagering requirements can be as low as 20x times the bonus amount usually up to no more than 60x times the bonus amount. The lower this value is, the better it is for you as a player and the quicker you will be able to get your hands on your winnings.
There’s also the No Deposit Bonus and this is fairly straight forward. This particular bonus is where you will receive a free cash bonus without having to have made a deposit into your gaming account. This could be as little as $1.00 or $2.00, or you could end up with as much as $20.00. The No Deposit Bonus at online casinos is one of the most popular online casino bonuses among players because it’s free cash and everyone loves free cash.
With the Free Play Bonus, you will be given X amount of free casino credits (could be anywhere from 500 to 3,000) and you will have anywhere from one hour up to 48 hours to spend this money to try and make as much profit as possible. When the timer reaches zero you can keep any cash that you win, but you can usually only win up to $100 with the Free Play Casino Bonus.