Casino Bonuses – Types, Key Features, Use Cases

Many people associate gambling with massive investments and big financial risks. What if we say that there are casinos where you do not need to invest your money or such investments are minimized. The thing is that many online gambling operators give you the opportunity to earn money with minimal risk by offering different bonuses and special rewards. But how does it work? What bonuses are offered? And how to find the best incentive?

The Basics About Casino Bonuses

To attract new players and retain old casino customers, a wide variety of bonuses are being developed. Some of them are purely marketing tricks and bring zero benefits to gamblers; however, there are still many offers that can boost your bankroll and increase your winning odds to the max. Here is a shortlist of bonuses that are most often offered by online casinos:

  • Signup bonus;
  • Match bonus (also known as a deposit bonus);
  • Rewards for regular players and VIP clients;
  • Partial refund of lost funds (cashback);
  • Free games (free spins).

There are also various tournaments and other events where a player can get something profitable from a gambling operator. Of course, every bonus offer has special features and is aimed at different categories of players. In order to make sure that you take part in the right offer, we recommend that you check its distinctive features. You can also check CasinoLuck if you want to find the most generous online casinos in Canada and abroad.

Registration Bonus

Everything is quite easy and straightforward when it comes to a registration (signup) bonus. You register an account, and a casino welcomes you with a pack of bonus money. In most cases, a signup bonus can be spent in any game, but in order to be able to withdraw it, you must meet the conditions associated with the offer.

This may be an obligation to fund the account with real money or wager the bonus money within a limited time frame at the minimum required odds and bet sizes. In other words, it will not be possible to simply cash out bonus money. So read bonus terms and conditions attentively to know what you are expected to do in order to withdraw a prize won thanks to a registration bonus.

No Deposit Bonus

These are no deposit bonuses that allow you to play with real money bets without risk. This is a small gift from the operator, which makes it possible to learn the rules of the game, get acquainted with the functionality of the online casino and even win.

There are several types of casino promotions that do not require a deposit. The most common is a welcome gift. It is the encouragement for registration, which is issued in a form of gambling “cash,” points, or free spins. Points can be then exchanged for real money or tournament tickets.

Besides that, no deposit bonuses are often given out for attracting new players to the platform. Another no-deposit option is gifts for the player’s birthday, for the New Year and for special occasions. As a rule, to receive them, you need to enter a promotional code or contact the technical service.

As part of the loyalty program, the institution can also be credited with no deposits when moving to the next level. This happens on an individual basis. Regardless of the type of reward, the gambler gets the opportunity to play for money without risk on their part.

Match or Deposit Bonus

There are various combinations of match bonuses and rollback percentages. It can be either a one-time promotion or a series of rollbacks for a certain number of deposits with a floating percentage. It is extremely important to read the terms and conditions when it comes to matching bonuses. Bonus percentage, min/ max deposit, offer end-date, supported games, and geo-restrictions (if any outline any).

If you miss out on important bonus terms, you may end up in a situation when the bonus expires without being used or when you cannot use free chips in the game of your interest. Therefore, take your time to explore bonus terms and conditions from A to Z.

Bonuses for Regular Players & VIP Customers

There is no general bonus that is the same in all casinos; it all depends on a gambling establishment that you play at. Loyal players receive various rewards every week, month, or so. As a rule, such bonuses encourage players to take actions and receive various rewards for this. For example, one can get a bonus for a certain number of bets made within a fixed timeframe.

Cashback or Refund of Lost Money

Cashback bonuses are expressed in the partial return of lost funds back to a player. This is the most disadvantageous bonus for a casino since a gambling establishment needs to pay some money back to you. As a rule, a cashback bonus comes in the form of a percentage and is given to players every month or so.

Free Spins

Free spins are some of the most popular casino bonuses that a lot of gamblers like. They are often subject to restrictions. But still, they allow you to play online casino slot machines without spending your own money. The only thing you need to take care of is to check what slots accept free spins and when the latter expires.

Why Casinos Give No Deposit Bonuses

Users should take into account that such promotions always serve some marketing purposes of a gambling platform. For example, a new brand is being promoted; a new audience is being attracted, or a loyal group of gamblers is being created. Of course, casinos do not want to decrease their profits. That’s why no deposit bonuses are always accompanied by rules and restrictions. Users need to remember that it is possible to opt out of activating it if the terms of use are unacceptable. If a gambler approaches rewards consciously and manages them wisely, then one may well enjoy playing with bonus chips, win, and withdraw money.

How to Use Casino Bonuses

To receive a reward, a gambler must fulfill a number of conditions. As a rule, this is a registration and making a deposit. Sometimes an institution requires you to invite a friend to the platform or perform some other actions aimed at increasing the audience of the site.

It is important to understand that the advertising banner does not always indicate all the conditions of the promotion. It often happens that players are in a hurry to use the gift and do not delve into the nuances of the offer, which may lead to unpleasant consequences. Therefore, before activating a gift, be sure to read all the conditions for its use. They are listed in a special section on the site.