Are All Casino Bonuses the Same?
When most people think of bonuses, the first thing that comes to mind is free money. I believe bonuses are a perfect way for players to feel appreciated and valued by an online gaming provider.
Despite a whole range of bonuses available for virtual games, I treasure the welcome bonus, or first deposit bonus, as most people call it. All new users signing up with a new site for the first time can claim this bonus and test the waters with the platform.
The good news is that gambling sites offer a range of bonuses to new and existing users. But what exactly are bonuses, and are they all the same?
Read on to learn more about gambling bonuses, including how they compare.
Understanding Bonuses in the iGaming Industry
Any bonus can be described as funds or opportunities credited to a user’s online account after registering. The definition may extend to spin bonuses that involve a specified number of free spins on specific titles. Or, you can refer to bonuses as promotional offers awarded to users.
Regardless of the definition, I think bonuses are important to both the provider and users. Let’s take the case of users; they get to claim the bonuses and play selected titles risk-free. Conversely, gambling sites use them to attract and retain customers.
To me, it’s a win-win scenario. Though I don’t really fancy bonuses, I adore the possibilities it offers users.
What are the Common Types of Bonuses in iGaming?
Below are the most common types of bonuses offered by different sites out there. I’ll discuss each category in detail, giving you a better understanding of what to expect.
No Deposit Bonus
A no-deposit bonus is as it sounds. First, you must create an account and then claim this bonus. It’s that simple. You don’t have to deposit any of your money before you start playing.
Most new sites listed at casinomeister.com offer this type of bonus as well as deposit match, new player bonus and free spins, to mention just a few. I’ve tried the no-deposit bonus on various sites and found that it comes in many variations: free funds, free spins, and free games.
Please note that some casinos may require you to register and verify your account before claiming this bonus.
Free Spin Bonuses
Most sites offer free spins as a deposit promotion, but some can do without. I explained the first above. However, the latter requires new users to register and deposit before claiming the free spins.
While this offer may apply to existing users, the free spins often apply to selected slots. Also, note that free spins are eligible for a certain period of time.
Welcome Bonuses
My all-time favourite is the welcome bonus, exclusively prearranged for newly registered users. The bonus can be a no-deposit offer, with the most common type being the welcome deposit match offer.
This means you’ll deposit at least the minimum amount required, and the site will match it 100% or higher. Most sites can give this offer up to the first five deposits.
The welcome bonus can also take different forms. I like the free spins often included in the welcome package. In addition, most sites offer bonus cash to user accounts.
Nonetheless, you should note that all new players must deposit to claim some welcome bonuses. Also, it often accompanies an expiration date and applies to most titles.
No Wagering Bonuses
This type of bonus can take the form of bonus cash, a reload bonus, or free spins, among other forms. It is often rare, and the major difference is the wagering requirements.
Unlike other bonuses, this one doesn’t have any wagering requirements. You can claim the bonus hassle-free, wager, and withdraw your winnings.
Reload Bonuses
I found the reload bonus to be the same as the welcome match deposit but with slight discrepancies: it only works after you’ve used the welcome offer.
Depending on the site, this bonus applies once daily or once weekly. Like the other bonuses above, users must deposit on specific days and claim a 50% bonus match or higher.
The top offers in iGaming are no deposit, free spins, welcome, reload, and no wagering bonuses. However, take note that these are the most common ones I isolated.
There are several other options available, offered as extras or included in the bonus package. These are:
- Cashback
- Free play
- Preferred deposit
- High Roller
- Loyalty/VIP
So, Are All Bonuses in iGaming the Same?
As I’ve explained above, the industry offers a range of bonuses tailored to new and existing users. However, I discovered these bonuses have varying features, such as deposit vs. no deposit and relevancy.
Based on the above conclusion, I can say that bonuses available in iGaming are not the same. While some bonuses may show similarities, they’ve specific features that differ.
Perhaps you’re interested in claiming a bonus but unsure where to start. I recommend choosing a site that offers generous bonuses. Nonetheless, it is important to understand various rules of play and general requirements when claiming a bonus.
