An online casino bonus comes in many different shapes and forms, but the three main types of bonuses tend to be free spins bonuses, matching deposit bonuses, and no deposit bonuses.
Online casino operators may offer a casino bonus for a variety of reasons, and one of the main reasons is to get a player to sign up to an online casino. This particular bonus is known as the welcome bonus or sign-up bonus. Learn more about the main types of online casino bonuses right here.
What are the three types of online casino bonuses?
The three main types of online casino bonuses that you can generally take advantage of at many of today’s most trusted online casinos tend to include the following:
- Free spins bonuses
- Matching deposit bonuses
- No deposit bonuses
Let’s take a closer look at exactly how you can go about claiming one of these bonuses. Each casino is different, so the type of bonus you have found at one online casino may not be available at another online casino, and so on. At the Genesis Global Limited Casinos, such as Casoola Casino, Casino Joy, and Casino Cruise, to name just a few trusted sites, you can find a variety of free spins bonuses and matching deposit welcome bonus offers.
Free spins bonuses
If you love playing online casino slot machines, then you’re going to love this particular bonus. A free spins bonus is one of the most common casino bonuses out there today, and it may be offered as part of the initial welcome bonus, or it may be offered to a player because they have wagered a certain amount of cash in a certain period of time. Alternatively, an online casino operator might offer a fully registered member perhaps 5 or 10 free spins to try out a new online slot machine when it arrives.
If it’s part of the welcome bonus, you may get 1 free spin for each $/€/£1.00 (or equivalent currency value) that you deposit on your first ever real money deposit, and it may be worth up to 50 free spins. In other words, if you deposit just $/€/£10 on your first deposit, you will end up with 10 free spins, and if you deposit the full $/€/£50, you will end up with 50 free spins to play with.
The other thing you need to be aware of is that you may only be able to use the free spins on certain selected slots, and you can generally only win up to a certain amount (which could potentially be capped at $/€/£100). To find out exactly how the bonus works, the best thing to do is to carefully read the bonus terms and conditions before accepting any online casino bonus.
Matching deposit bonuses
Matching deposit bonuses are the most common type of online casino bonus you are likely to come across, and they are really easy to understand. If, for example, a casino is offering you a 100% match bonus worth up to $/€/£200, it means that the operator of the casino will match your deposit up to the amount of $/€/£200. In other words, if you deposit only $/€/£40, your new account will be credited with a $/€/£40 bonus, which would give you $/€/£80 to play with.
If you deposited the full $/€/£200, then you would see $/€/£400 in your account ($/€/£200 deposit + $/€/£200 bonus money), and so on. If you deposited $/€/£500, you would still only receive a maximum of $/€/£200 in bonus money, so perhaps don’t deposit more than you need to in order to maximize your welcome bonus offer.
No deposit bonuses
These bonuses are, in fact, more elusive and much harder to find these days. Back in the day, a handful of online casinos would offer new players a free $/€/£5.00 or $/€/£10.00 no deposit bonus just for signing up to the casino instead of offering them a matching deposit bonus or free spins bonus.
Are online casino bonuses worth claiming?
Yes. Online casino bonuses are worth claiming because you have nothing to lose. However, perhaps only accept the bonuses that come with a 40x wagering requirement or lower. The wagering requirement (aka playthrough requirement) is the amount of money you must wager before you can withdraw any winnings that you have made from your bonus. The lower the wagering requirements, the better it is for you as a player.