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Bonuses Explained: The Many Kinds Of Casino Offers Available
Public Group active 2 years, 1 month agoIn the modern digital marketing landscape, success hinges on how well a business can stand out from the crowd. We’re spoiled for choice thanks to the internet, which is why there are always so many businesses giving generous offers and bonuses to new and existing customers. iGaming is no different. In fact, it’s a pioneer of the offer-based marketing appeal that so many modern companies use.
The Welcome Bonus
Let’s start at the first and by far the most common bonus that you’ll find in iGaming – the welcome bonus. Also known as a sign-up bonus, a newcomer bonus or a new player bonus, it involves making an account to become a new member at your chosen service. As for what a casino bonus for new customers looks like, they are typically several free turns or spins in their games, between 20 to 50 on average. Sometimes this includes a recurring free spin that starts with the welcome bonus but can be used afterward.
Along with free spins, a matched/boosted deposit is also common. These are typically 100% but not always. Assuming a 100% deposit match, this is where you put in $300 and the casino will put in $300 too, so you have more to play with. Other welcome bonuses may also add a lump sum to any money deposited for a specific number of deposits to the account.
Bonuses come with terms and conditions. Most of the time, it’s related to specific games or a time restraint, like within seven days of creating the account. Free spins tend to have the lowest, or just lower, wager limits too. With free spin bonuses, they let people try games out before committing cash. There’s a reason that giant companies like Amazon use free trials for subscription services.
The Loyalty & Payment Method Bonuses
Since we alluded to them already, we should mention loyalty bonuses. Also called reloading bonuses, these can be repeated whenever you deposit money to your account. This can have restrictions too, like depositing on a certain day or playing a certain number of times a month. They also won’t be as handsome as welcome bonuses. Some give out different tiered bonuses depending on how much activity you have on their site, which can turn into high roller bonuses if you’re one of the casino’s best customers.
As for payment method bonuses – not all transactions are equal. You may not think about it that much but different ways of sending money come with different costs on the backend. Some online casinos prefer to incentivize other ways of giving them money, swapping out bank card wires for other accounts like PayPal. If the casino accepts cryptocurrency, they might give a deposit bonus of around 10% to 20% if payments are made in secure and valued cryptocurrencies like Bitcoin.
The Referrals & No Deposit Bonuses
Referrals aren’t unique to iGaming, so you’ve probably seen them around. This is where you get a small bonus for referring somebody to the online casino of your choice, where they sign up using a code or link that you send them. This is also done by retail and trading platforms to encourage word-of-mouth sharing. The referred party may need to play for a certain time or make a splash with a deposit, as proof that they successfully engaged with the site.
Now you can invite friends on #Whatsapp with your personal link: http://t.co/sYHE89eQyX #socialtrading pic.twitter.com/REZ5nxDnWW
— eToro (@eToro) March 26, 2015
Lastly, no deposit bonuses are like matched deposits. Instead, you get money from the casino to play with without needing to put their own cash into the site. It’s similar to free spins, though typically only available for low house edge games.
