Posted in Guides July 2, 2018
How to Locate a Great Offer – a Quick Guide
Unless you are living in a gambling Mecca, your best option is to go online to bet on your favorite casino games. Online casinos operate in a highly-competitive environment so expect to see a lot of exclusive bonus codes and special offers. Unfortunately, not all offers are great and that’s a problem that we will solve today.
The online casino industry is fairly new considering the first casinos opened up only recently in the 1990s. Casinos are still re-thinking and re-inventing themselves to keep their veterans loyal and to attract new players at the same time.
What are Exclusive Bonus Offers and How Do They Work?
Casino bonuses come in different forms. Here are some common ways casinos offer bonuses.
- Welcome Bonus
- No deposit bonus
- Monthly reload bonus
- Deposit/withdrawal bonus
- Bonus for referring a friend
- Special promotions
Now let’s look at some of these popular types and see how they work.
Registration bonus, or Welcome Bonus, is the most popular way to attract new players. Some casinos pay special deposit bonus for new players, which is a percentage of their initial deposit. Sometimes it comes with extra spins or Free spins as well.
Latest Welcome Bonuses
Bonus: 100% up to £100 + 25 Spins. 18+. New Customers only. Min. deposit £15 (no Skrill/Neteller). Wager the bonus amount 40x within 15 days to convert bonus winnings into real money. Max winnings = 10x bonus amount. Real money balance wagered first. Free spins valid for 7 days. Free spins max. winnings = £100. Stake contribution towards wagering requirements varies between eligible games. Full T&C's apply.
Min. Deposit: £15
Bonus: 100% bonus up to €100 + 100 spins on Book of Dead. 18+. New customers only. €10 min deposit. Get 10 spins per day for 10 days. User must log in and play the spins every day to claim. Bonus is available on any deposit within 30 days after sign up. Player have 15 days to complete wagering. Full T&C's apply.
Min. Deposit: €10
Bonus: 100% up to €100 + 100 Bonus Spins. 18+. New players only. 100% Match on 1st Deposit. Min deposit €10, max bonus €100 & 100 spins. 30x wagering (Dep + Bonus), 30x on spins, 4x conversion. Selected slots only. Full T&C’s apply.
Min. Deposit: £10
Bonus: 100% bonus up to £100 + 100 Bonus Spins on Starburst. 18+. New UK players only. Full T&C's apply.
Min. Deposit: £10
Bonus: Deposit and get 100 Free Spins [FS] credited over 5 days. Valid until further notice. 1 st time depositors only. Players must be 18+. FS are valid on White wizard deluxe, Fruit Blast, Shaman's Dream, Stampede, Temple of Iris for 7 days. FS wins granted in bonus after all FS are used & must be wagered x50 before converting up to £400 + the initial bonus amount. Total FS wins cap: £50; £10 per slot. Deposit balance is available for withdrawal at any time. Full T&C's apply.
Min. Deposit: £10
How it Works
For example, if you deposit €10 and the casino offers a 100% Welcome Bonus, you will have €20 in your account. Similarly, if a casino offers a 50% Welcome Bonus, your €10 deposit will become €15. Some casinos have 200% or 300% bonus offers. It’s important that you look at deposit cap before signing up with such an offer. They often cap the maximum amount at €50 or €100, without stating it upfront. Almost all the casinos require you to deposit a minimum amount before you can qualify for the Welcome Bonus.
Here are some popular variations of Welcome Bonuses offered by online casinos.
Many casinos are now offering match bonus offer instead of a Welcome Bonus. It’s basically the same bonus with a different name and expressed without percentage. If a casino is offering a match bonus offer, it will simply match your initial deposit.
Free Spins and Cash Bonus
Some casinos go a step further and make their welcome offers even more exciting by offering Free spins and cash bonuses. It’s important that you read the fine print and see limitations on the use of Free spins, as they often are limited to a few video slots.
DON’T MISS OUT: Grand Ivy Casino has a crazy Welcome Bonus that values up to €1,500 and an additional 100 bonus spins. Get this bonus here.
No Deposit Bonus
Some online casinos make the offer so amazing that you just can’t ignore it. One of these bonuses in online casino industry is ‘no deposit’ bonus.
How it Works
As the name suggests, this bonus is the casino’s gift for you. You get this bonus when you sign up with a casino as a new player. The casino offers you this money to bet, hoping you will like the casino and return soon to play with your own money. It’s their way of turning new players into loyal veterans. Just make sure you read the fine print and know the Terms & Conditions before you sign up for any such offer.
Monthly and Reload Bonus
Monthly and reload bonus is for new players who continue playing with a casino. The casino continues rewarding them after luring them with a Welcome Bonus.
How it Works
These bonuses are available to players on monthly deposits. Some casinos offer this special bonus on the first reload after the initial deposit. Casinos usually send these special bonuses to their players via e-mail after evaluating their status during the first month at the casino. Monthly and reload bonus is often a small percentage on your deposit (10%-20% in most casinos), you still don’t want to miss out if a top casino is offering it.
A GREAT BONUS: WildSlots Casino Reload bonus gives you 50% reload bonus up to €50. Know more about it.
Refer a Friend Bonus and Other Special Promotions
If you have friends who want to play in a top online casino, you better start referring them to your favorite casino as it could be offering ‘refer a friend’ bonus. This special bonus is available to players who refer their friends to a casino. This bonus becomes available as soon as your friend makes his initial deposit after signing up with the casino. Although this bonus is rare, some casinos are paying you cash and offering Free spins to simply refer your friend. It’s a great opportunity to take some extra cash by simply talking about the casino you like.
Should You Take That Bonus?
Exclusive casino bonuses come at a cost. They often have wagering requirements, the house edge, and other terms tied to them. It’s important that you read the fine print and understand the terms clearly before you go ahead and sign up for any of the lucrative bonuses.
What is Wagering Requirements?
It’s the number of times a player needs wagering before a bonus becomes active. The wagering requirements varies with different bonuses and casinos. Also, read our previous post about the tricks working your way around wagering requirements – find it here!
What is House Edge?
It’s the percentage of total amount of bets that a casino will retain over a specific period of time. In order to enjoy an exclusive bonus, you need to know the house edge so that you can calculate the number of games needed before you make a profit.
The Final Word
Casino bonuses are a great way to earn some risk-free profits while trying out a casino without having to spend your hard-earned cash. If you are playing regularly, these bonuses can help you make a little extra. Luckily, we have plenty of online casinos making some lucrative offers. Your job is to pick the best value offer. Remember, the biggest bonus doesn’t always mean the ‘best’ bonus.