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Types of online casino bonuses: Discover how to refer friends and when to release your free spins
Now you understand the importance of online casino bonus codes and the additional perks of an online casino promotion, it is time to give you a complete overview of the different types of online casino bonus you are likely to come across.
Deposit match bonus
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No deposit bonus
Another aptly named online casino is the no deposit bonus. No shocks here – you won’t need to make a deposit to unlock this one. However, you may be expected to enter a promotional code. Generally, you’ll also find that higher wagering requirements are attached. Expiration dates and eligible gaming titles will vary from bonus to bonus.
First bet offer
The first bet offer is an interesting online casino bonus that relies on you losing. In essence, the first bet offer provides you with a small safety net to ease you into the full online casino experience. You’ll find that your losses within a set timeframe or up to a certain limit will be returned the next day. For example, you may find that an online casino offers you the chance to receive 50% of any losses incurred within the first 12 hours of staking across the site in bonus bets.
Free spins
Free spins can be found at just about every turn. You may find that this online casino bonus is released as a welcome bonus, as part of a new customer package, as an ongoing weekly bonus, or as a perk for reaching a certain level of the rewards program. The bonus itself is usually restricted to one slot title, allowing you to test it out for “free”. Of course, you may have had to make a qualifying deposit or stake on eligible titles to redeem them prior. Once released, you’ll often find these free spins have a set value, capped winnings, and wagering requirements attached.
Rewards program
The rewards program can prove particularly entertaining for returning players. Generally, you’ll find that a rewards program works on a tiered system, working up from very basic perks to the full VIP experience. You’ll be rewarded based on your own online activity, including all contributing deposits and stakes. Although rewards will vary from site to site, it isn’t uncommon to see free spins, bonus bets, new releases, and even dedicated account managers unlocked along the way.
Refer-a-friend scheme
Another great way to add an online casino bonus to your account is by referring your friends to join your chosen place to play. Once you’ve registered, you’ll receive your own unique code that can be forwarded to friends and family. Provided they enter this code when registering, you’ll receive a bonus to thank you for your recommendation. Alongside creating their account, a few additional terms may be in place. For instance, you may not be able to receive your bonus until they have made their first deposit.
Social media giveaways
If you are looking at a low wagering casino bonus, then they don’t come much lower than this. Social media giveaways often do not rely on any deposits or wagers to take place. Instead, they are hoping to generate traffic to their social media sites with the help of your likes, comments, and shares. Although you will primarily see these kinds of promotions from sweepstakes casinos, real-money online casinos are now starting to understand the appeal. Now, you can soon head to your chosen platform’s Facebook, Instagram, X (formerly known as Twitter), or Discord and pick up bonus bets and free spins for connecting.
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Although you don’t have to look too hard to find top online casino bonuses staring you in the face, it is important to understand how to tell the great from the good, and the good from the bad. So, when working your way through my dedicated reviews, be sure to pay close attention to the following.
Wagering requirements
When it comes to redeeming any online casino bonus, you’ll first want to understand how to play through it. Almost all online casino bonuses will expect you to stake a set amount before any winnings are considered for withdrawal. For example, you may find a bonus that expects you to play through the value of your bonus ten times. Wagering requirements can be based on the value of your bonus or the combined value of your deposit and bonus, so make sure you are aware of this before you part with your cash.
Expiration dates
Following on nicely from wagering requirements is the expiration date attached to your bonus. In order to help confirm the fairness of your wagering requirements, you’ll need to consider the length of time provided to play through them. For instance, on paper, a bonus playthrough of 10x in seven days is going to be harder to achieve than a 10x in 30 days.
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Something that can often get overlooked is the gaming eligibility. However, it is important to remember that the most important part of redeeming a promotion is the entertainment it unlocks – of course, any potential winnings are always a great bonus. Instead of there being a clear yes or no answer, it is also worth bearing in mind that stakes on certain games will only contribute a certain percentage. For example, you may find that slots contribute 100% while all table games and live casino contribute just 30%.
Reviewing RTP
This next top tip requires you to step away from the bonus terms and conditions and make your way over to the casino lobby. Once you’ve established which casino titles are eligible, you can then start reviewing the return to player percentage. This figure provides the mathematical probability of landing a winning spin. Although no guarantees, every little helps when it comes to meeting those playthrough requirements.
Capped winnings
Finally, remember to check out how much potential the bonus has. You’ll find that certain promotions – especially free spins and
no deposit bonuses
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Top-rated online casinos for you to try this December
Register and redeem the best online casino bonuses in December
So, there you have it – everything you need to know about online casino bonuses. As I’ve mentioned, this isn’t rocket science, but it sure is important to have your wits about you before redeeming any old bonus that is up for grabs.
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Online Casino Bonus FAQ
❓ Do I need to enter a bonus code to release a welcome bonus?
Although it isn’t always the case, online casino bonus codes can prove critical towards the redemption process. Fortunately, I’ve got all of these sorts of details covered in my dedicated bonus reviews.
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⏳ When can I withdraw my online casino bonus winnings?
Almost all online casino bonuses will come with terms and conditions attached. You’ll find that you can withdraw any winnings as soon as you have played through the bonus within the timeframe provided.
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