Top 6 Casino Offers by Type
Might seem difficult at first glance, but it actually isn’t if you know what you are looking for. Different players search for various things, so do casinos – they try to lure customers with different kinds of . Finding the right one for you can be done by knowing which types exist in the first place. That way you will spot the ones closest to your preferences.
So, let’s say you are interested in slot games. It would be best if you looked for bonuses that come with few or no wagering requirements since most slots give you good bang for a buck. On the other hand, table games have better odds the sooner you stop playing, so search for bonuses with expiration date in the near future. Here are top 6 offers for February 2023 sorted by type:
This promotion was last updated on:
The above listed offers are just a small part of the full list of available casino bonus codes. The next section of this blog post gives an overview of all the different types out there.
What Is a Casino Bonus?
A casino bonus is a promotional tool provided by online casinos to attract new customers or to reward existing ones. It provides additional funds or other benefits, such as free spins, that can be used to play games without having to deposit your own money. These bonuses usually come with specific terms and conditions, such as wagering requirements, time restrictions, and game contributions, that must be met before the bonus amount can be withdrawn.
Online casinos use bonuses to entice new players to sign up and to encourage existing players to continue playing. They serve as an incentive to try out new games or to increase your chances of winning. However, it's important to read and understand the terms and conditions associated with each bonus before claiming it to avoid any unexpected difficulties when trying to withdraw your winnings.
Why Do Online Casinos Offer Bonuses & Codes?
There are several reasons why offer casino bonuses and promo codes:
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Attract new customers – A major reason for offering bonuses is to attract new players to their platform. In a highly competitive industry, bonuses provide an enticing offer to encourage potential customers to sign up.
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Retain existing customers – By offering regular promotions and loyalty rewards, casinos aim to keep their current customer base engaged and motivated to continue playing. This helps to build long-term relationships with customers.
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Increase brand awareness – Bonuses can help to raise the profile and visibility of online casinos through word-of-mouth marketing and positive reviews from satisfied players who have benefited from these promotions.
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Compete in the market – The online casino industry is crowded and competitive. Bonuses are a key strategy that casinos use to differentiate themselves from their competitors and make their platform more attractive to potential customers.
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Test new games – Casinos may offer bonuses specifically for new games to encourage players to try them out and provide feedback. This helps to gauge player interest and identify popular titles.
Overall, casino bonuses and promo codes serve multiple purposes for online casinos, including customer acquisition, retention, and competitiveness, as well as providing opportunities for testing and feedback.
How to Use Casino Bonuses & Promo Codes Step by Step
Using casino bonuses and promo codes might seem complicated for beginners but following these simple steps can make it easy:
1. Check the eligibility requirements
Before claiming a bonus, ensure that you meet the eligibility criteria, such as being a new or existing customer, residing in a specific region, and meeting any minimum age requirement. Some promotions may also have specific restrictions or exclusions.
2. Select the preferred bonus
Choose the bonus that aligns with your gaming preferences and strategies. Consider the bonus amount, wagering requirements, validity period, and any other relevant factors before making your selection.
3. Enter the promo code (if required)
If the casino requires a promo code to claim the bonus, make sure to enter it during the registration process or while making your first deposit. Failing to enter the correct code could result in you missing out on the promotion.
4. Read and understand the terms and conditions
Always review the terms and conditions carefully before accepting the bonus. Pay attention to details like the wagering requirements, game contributions, minimum deposit amounts, and expiry dates. Understanding the terms will help you avoid any misunderstandings or issues when withdrawing your winnings.
5. Make the qualifying deposit
To claim the bonus, you typically need to make a qualifying deposit into your casino account. Ensure that you deposit the minimum amount required to activate the bonus to avoid any disappointment.
6. Start using the bonus
Once you have claimed the bonus, you can start using it to play eligible games within the casino. Be sure to play responsibly and adhere to any game restrictions or bet limits imposed by the bonus conditions.
7. Meet the wagering requirements
Most bonuses come with wagering requirements that stipulate how many times you need to play the bonus amount before you can withdraw your winnings. Meet these requirements to convert the bonus funds into real money.
8. Withdraw your winnings
After fulfilling the wagering conditions, you can initiate a withdrawal request for your winnings. Follow the casino's withdrawal procedure and provide the necessary documentation, if required, to receive your payout.
Types of Gambling Bonuses & Promotions
Numerous types of exist, and below we will go through all the main categories and explain how they work and which suits different types of gamblers.
Sites That Offer Free No-Download Live Casino Hold'emWelcome Bonuses
As the name suggests, welcome bonuses are offered to new customers when they sign up at an online casino. They provide a generous incentive to entice players to join the platform. The size and structure of welcome bonuses vary across casinos. Some casinos offer a percentage match on your first deposit, while others provide a fixed bonus amount. For example, a 100% match bonus up to $500 means that the casino will double the amount of your first deposit, up to a maximum of $500.
Welcome bonuses often come with wagering requirements, which specify the number of times you must wager the bonus amount before you can withdraw it as real money. Additionally, they might have an expiration date after which the bonus becomes void.
Who are welcome bonuses suitable for?
It is best suited for players who plan to make a relatively large first deposit and who are comfortable playing and meeting the wagering requirements within the specified timeframe.
No Deposit Bonuses
Unlike welcome bonuses, no deposit bonuses do not require you to make an initial deposit. They are a highly sought-after promotion as they offer free funds or free spins simply for creating a new account at the casino.
However, no deposit bonuses generally have lower value compared to welcome bonuses. They might offer only a small fixed amount or a limited number of free spins. Wagering requirements also apply to no deposit bonuses, so it’s essential to check the terms carefully.
Who are no deposit bonuses good for?
Since there is no risk involved because of the free character of this kind of incentive it is best for players willing to test drive a certain casino but also for players that want to enjoy some thrill without spending any actual cash. Since the amount/spins involved is normally smaller – it’s a great fit for beginner players or experienced high rollers that see it as a fun addition to their usual game flow.
Reload Bonuses
A reload bonus is similar to a welcome bonus, but it is offered to existing customers when they make another deposit into their casino account. The size of the reload bonus is typically smaller than a welcome bonus, but it serves as a way for casinos to retain their existing customer base.
Reload bonuses often come with lower wagering requirements and less stringent terms compared to welcome bonuses. This makes them more appealing to regular players who want to maximize the value of their deposits.
Cashback Bonuses
Cashback bonuses provide a percentage of your losses back into your casino account. They are a unique type of promotion that allows you to mitigate risks and potentially turn a losing session into a winning one.
The cashback percentage varies among casinos, with some offering up to 20% of your losses per week or month. This bonus does not usually have wagering requirements, making it an attractive option for players seeking a low-risk opportunity.
Loyalty / VIP Bonuses
Loyalty and VIP bonuses are designed for long-term loyal customers who regularly play at the casino. As you continue to deposit and play, you climb the loyalty tiers and unlock higher levels of rewards and benefits.
These bonuses can include personalized offers, exclusive games, faster withdrawals, birthday presents, trip packages and other perks tailored to your preferences. To avail these bonuses, you need to sign up for the casino's loyalty program and earn points by placing bets.
Read more about on our dedicated page.
Free Spins Bonuses
Free spins bonuses allow you to play specific slot games without charging for each spin. They are a popular promotion among slot players as they offer a risk-free way to win real money.
Free spins bonuses are commonly offered as part of welcome packages or as standalone promotions. They might be restricted to particular slot games chosen by the casino. Wagering requirements apply to the winnings derived from free spins, so it is crucial to check the terms carefully.
For a complete picture regarding this topic take a look at our dedicated article about .
Staged Bonuses
Staged bonuses are a multi-part bonus offered over multiple deposits instead of just on the first one. They are designed to keep players engaged and incentivize them to make further deposits. The structure of staged bonuses varies, but they typically provide a smaller bonus amount for the second, third, and subsequent deposits.
Staged bonuses offer better value for players who are planning to make multiple deposits anyway. They still come with the usual set of terms like wagering requirement and expiration date.
Exclusive Bonuses
Exclusive bonuses are offered by casinos in partnership with external websites or for specific groups of players. They provide access to extra perks and rewards that are not available to the general public.
To claim an exclusive bonus, you might need a special promo code or to access it through a specific link provided by the partner website. The terms and conditions may differ from regular bonuses, so it's essential to read them carefully.
If you want to learn more about the extra perks and advantages that come with exclusive casino offers, please visit our dedicated post.
Limited Time Bonuses
Limited time bonuses have a specific start and end date, creating a sense of urgency for players to participate. They are often introduced to coincide with special events, holidays, or new game launches.
Limited time bonuses can be larger than regular bonuses and may come with more favorable terms due to the competition amongst casinos to attract customers during specific periods. Once the promotion ends, the offer expires.
Take a look at our dedicated article where you can find the most exciting day/month related promotions.
Hybrid/Combination Bonuses
Hybrid or combination bonuses consist of a mix of different bonus types. For instance, a welcome bonus might include both a deposit match and free spins. Such bonuses provide greater value to the player as they combine the benefits of multiple types of promotions.
Combination bonuses often have more comprehensive terms and conditions, reflecting the varying characteristics of the incorporated bonuses.
Cash Bonuses
While not very common in the online casino space cash bonuses award directly to players account balance without requiring any wagering. All money can be freely transferred, betted or withdrawn without any strings attached. Most casinos have some sort of minimal amount that needs to be achieved in orders to transfer the cash bonus to cash balance but even if the whole bonus amount gets waived the original deposit amount is always subject to wagering requirements.
Be careful when assessing cash bonuses as sometimes they come in the form of ‘cashable’ and non-cashable’. With the former you can withdraw and use wherever you want the money, while with the latter you can only withdraw any winnings resulting from wagering said bonus.
price right slotsCustom / Bespoke Bonuses
From time to time online casinos try to differentiate even further and thus offer bespoke promotions made especially for a group of players or individuals. Those can range from free vacations and tickets for sporting events to custom tailored gifts delivered to your doorstep.
Games Eligibility
One of the most important terms and conditions to look out for is which games contribute towards completing the wagering requirements. Slots almost 100% do whereas other games such as Video Poker, Blackjack, Craps and Live Dealer Casino Games contribute either a lesser percent or are completely excluded. It is very important to check and be aware of this fact before engaging with any bonus.
Payout Percentage / House Edge / RTP
All games in a casino have a theoretical predetermined rate at which they return money in the form of winnings versus how much stays within the casino walls. This rate is called RTP (Return-to-Player), its opposite number being House Edge. Generally speaking the higher the RTP the better for the player.
When engaging in games that have a high RTP (95%+) combined with games that don’t contribute towards the completion of the bonus wagering requirements it might be in your best interest to opt OUT of the bonus offer. The reason behind this is simple mathematics – let’s say you need to wager 20x your deposit + bonus amount and you have found a great slot game that returns 98% of wagers in the form of winnings. Simple calculations show that with an initial deposit of $50 you would need to wager ($50 * 20) $1000. If we assume that you manage to maintain a balanced balance throughout the whole period (no deposits or withdraws) and bet $5 every game (an average bet) you would need to make 200 games. Using our assumed RTP of 98% this would mean that you would generate ($98 * 200) $19600 – $10000 = $9600 – $1000 = $8600 net loss. Meaning that statistically speaking you would run out of money way before you would satisfy the wagering requirements.
Expiration Period
No matter which offer you decide to engage in one thing is certain – it comes with an expiration date. Whether it is a few hours, days, weeks or months bonuses lose their value if not activated or used accordingly. Knowing the ins and outs of the offer you are about to accept is critical especially in regards to the time you have on your hands. Accepting a monthly bonus with a 3x wagering and rollout period of 30 days is better then agreeing on a welcome package that requires 50x rollover in the next 48 hours.
Minimum Deposit Amount
Depending on the generosity of the operator the minimum deposit amount can vary from $5-$20 and upwards to hundreds, if not thousands of dollars. Even though there exists offers requiring mini deposits – it is important to note that in most cases in order to take advantage of casino bonuses you need to deposit more. Usually the bigger the bonus the bigger the minimum deposit requirement.
Game Contribution %
Different games contribute differently towards clearing your wagering requirement, or in other words – different games give different value.
Slots games are king here with most of them contributing 100%. It is important to check which exact slots fall under this category – mostly classic slots with one line and three reels fall under this category (there are exceptions). Newer generation slots might have a reduced contribution anywhere between 5% – 20%, sometimes even less. Always check beforehand!
Table games like Baccarat, BlackJack, Craps, Double Exposure BlackJack, Pacific Attack, Pai Gow Poker, Red Dog, Warfare and all 21 type of games usually contribute 0%. Some exceptions exist, but they are rare.
Video Poker games usually contribute 5% – 20% and depending on the type of game and version anywhere between 10% – 5% respectively. Titles under this category include: 2 Much Power, 7's High Wild, Deuces and Joker, Jacks or Better, Joker Poker, Aces and Faces.
Best Free Slot Games you can Play Online right Now!Sic Bo falls somewhere in the middle and contributes around 20% – 25%.
Live dealer games almost never contribute towards wagering requirements.
In case that all the above seems overwhelming or too time consuming to research, then our advice would be to stick to playing slots. As mentioned earlier most modern variations of the game have a very high Return-to-Player (RTP) percentage which combined with the fact that they contribute 100% toward wagering requirements makes them the ideal pick when engaging in offers.
Advantages & Disadvantages of Gambling Bonuses
Like anything else in life, gambling bonuses have their pros and cons. We have gathered the most important arguments on both sides of the argument in the table below:
How to Choose the Best Bonus for Your Needs
With all types, terms and conditions explained, let’s focus now on the most important question: How to choose the best casino bonus for your needs. There is no straight forward answer, but rather a series of questions that need to be addressed prior to starting any gaming activity:
What type of games I enjoy playing?
Do they contribute towards the completion of the wagering requirements? If yes – do they contribute 100% or a lesser percentage?
How much time do I have in order to utilise the bonus?
Does my schedule match the expiration date of the selected bonus?
Do I have a preference which will expend first my banking options or the validity of the bonus?
Am I planning to play Table Games, Video poker, Classic slots or Modern slots?
If first- Does the bonus type suit my preferences?
If last- Which games have the highest Return-to-Player %? And do they have wagering requirements?
By answering the above you should be able to narrow down your options and select a bonus that suits your style and schedule!
Best Sites by Types of Gambling Bonuses
Based on the results of our research (last update: ), palpably stands out as the best site for overall performance. As shown on the chart below, it holds a significant lead in almost every category, except Mobile Platform. When it comes to mobile gaming , comes in a close second followed by BetOnline and Bovada.
When it comes to bonuses, the situation changes and MyBookie gets surpassed by BetOnline which offers five (5) different bonus types, surpassing the rest.
When it comes to exclusivity, only has a dedicated page for promos and special deals, giving players easy access and transparency.
How to Claim Online Gambling Bonuses Step by Step Guide
Claiming a bonus can enhance your gaming experience, but it’s important to know how to claim it correctly. Here is a step-by-step guide to help you claim your online gambling bonuses effortlessly:
1. Choose a Reputable Casino
Start by selecting a trusted and licensed online casino that offers attractive bonuses. Research the casino’s reputation, payment methods, game variety, and customer support options before signing up.
grand rush casino reviews2. Create an Account
Visit the casino website and click on the “Sign Up” or “Register” button. Fill out the registration form with your personal details accurately, including your name, address, date of birth, and contact information. Agree to the terms and conditions and verify your account.
3. Locate the Promotions Page
Once logged in, navigate to the casino’s promotions or bonuses page. This section typically highlights all the ongoing offers and welcome bonuses.
4. Select a Suitable Bonus
Browse through the available bonuses and choose the one that aligns with your gambling preferences and banking plans. Take note of the bonus amount, wagering requirements, validity period, and any other conditions associated with the bonus.
5. Click on the Promotion
After deciding on a bonus, click on it to open its details. This action will automatically copy the promo code (if applicable) that you will use while making your deposit.
6. Make a Qualifying Deposit
Go to the casino cashier section and select your preferred deposit method. Enter the required deposit amount and don’t forget to enter the promo code (if provided) in the designated field. Without the promo code, your deposit may not qualify for the bonus.
7. Start Playing
The bonus amount will be credited to your account once your deposit is processed successfully. You can now use this bonus to play eligible games and attempt to meet the wagering requirements. Remember to check which games contribute towards clearing the bonus and follow the expiration date to avoid forfeiting the bonus.
Are Gambling Bonuses Safe to Claim?
Yes, if coming from reputable and licensed gaming sites. It is imperative though to always read the terms and conditions in order to be aware of any hidden clauses and requirements that need to be fulfilled. Also, make sure to understand wagering requirements and the timeframes that these need to be completed in. Lastly, keep track of the types of games that contribute towards the clearing of the bonus and their respective weight. As mentioned earlier, slot games are King here with a 100% contribution, while table games can range anywhere between 0%- 20%.
FAQs
What is a gambling bonus?
A gambling bonus is a promotional offer provided by online casinos to attract new players or retain existing ones. It adds extra funds, credits, free spins, or other rewards to your account balance, enhancing your gaming experience.
How do I know if a bonus is fair and worth claiming?
Check the terms and conditions carefully to evaluate the bonus suitability. Analyze the wagering requirements, minimum deposit, validity period, game restrictions, and any other conditions. Ensure that the bonus aligns with your gaming preferences and budget.
Can I win real money with gambling bonuses?
Absolutely! Winning real money is the main attraction of claiming casino bonuses. While some bonuses come with stringent conditions, others offer reasonable terms and can significantly boost your winnings. Strategic bonus selection aligned with your playing style can enhance your profitability.
penn play casino promo codeHow do I claim a casino bonus?
The process of claiming a casino bonus is straightforward. First, you need to sign up at a reputable online casino offering bonuses. Second, choose a bonus that matches your requirements. Third, make a qualifying deposit by entering the required code (if any). Fourth, start playing eligible games to meet the wagering requirements. Fifth, withdraw your winnings according to the casino's withdrawal policy.
Are there any risks or catches I should watch out for?
Yes, some bonuses may have high wagering requirements, short validity periods, restrictive game options, or large minimum deposits. Carefully evaluating the terms and conditions can help you avoid unnecessary risks. Additionally, ensure you choose a licensed and trustworthy online casino to ensure the safety and fairness of your gaming experience.
Check out the answers to some additional questions Regarding casino promotions on our specialized Q&A page.
Conclusion
In conclusion, understanding the various types of gambling bonuses and how to claim them is vital for maximizing your online gaming experience. From welcome bonuses and no deposit bonuses to reload bonuses and loyalty programs, each promotion offers distinct advantages. Remember to review the terms and conditions carefully, consider your playing style, and choose bonuses that align with your preferences. Happy gaming!