Most of the online casinos that offer various games offer cash bonuses to retain and attain customers. They are effective and lucrative for both veteran and new players. There are different types of online casino bonuses available to players. They include:
1. Deposit casino bonuses
These are bonuses that are given to customers after depositing money with the casino. Deposit bonuses can be classified into two types.
Reload bonus: these are bonuses that apply to a deposit made after the first deposit. Most online casinos give players reload bonus ranging from 10% to 100% possibly even more.
Matching bonus: The matching bonus is generated by adding a percentage bonus to the amount the player deposits. For instance, a 100 percent match bonus would double the deposited amount. If you deposit $200 on a 100 percent matching bonus, you would have $400 in your account. It is an amazing method that casinos employ to encourage its customers to make more deposits.
2. Ongoing bonuses
Cash back bonus: these bonuses give the player a percentage of the lost money. For instance, an online casino can give you cash back bonus of 2%. This simply means that for every $1,000 lost, the casino will give you $20. They are normally reserved for high-spending players who have a substantial amount of money in their accounts.
Other ongoing casino bonuses include the loyalty bonus and the random bonus. The loyalty bonus is one that encourages players to extend periods of time to unlock cash bonuses. And the random bonus is a bonus that you cannot control whether you will receive them. They are awarded randomly hourly, daily, weekly and monthly to anyone playing a game.
3. General casino bonuses
These are bonuses that players receive without necessarily making a deposit. They usually have attached terms and conditions which players need to understand before signing up with any online casino platform. They include:
Sign up bonus: They are available to new customers. They are usually smaller with the prize ranging from $5 to $50 depending on the kind of promotion and conditions. They are a great bonus for new players before making any deposit.
Referral bonus: Online casino platform offers two types of referral bonuses. Majority of the casinos offer a cash bonus for signing a new player, whereas other casinos require that the new player makes a qualifying deposit before a referrer can earn a cash bonus. This is an effective method to which existing casino players can refer news players and earn bonuses.