All casinos know that the more you gamble, the more likely it is for you to lose money. Of course, gambling is fun and exciting, but sometimes losing can make you somewhat frustrated and unmotivated to play.

That’s why they offer bonuses and promotions, also known as incentives, to entice people into gambling more. Fortunately, these offers are much more accessible due to the latest technologies. Among the many types of casino bonuses, here are a few:

Welcome Bonus

This is typically a matching bonus offered by an online casino to you as soon as you sign up. These offers aim to draw new customers to the platform. Particularly, newer online casinos feature generous bonuses to get a place in the rising online gambling industry.

A welcome offer can be up to 200% of your deposit. Mostly, you get double the amount of money you deposited. Casinos that offer higher percentages are not always common, though, but the whole idea of a welcome bonus is for clients to have reasons to try out the platform.

Loyalty or VIP Bonuses

Casinos are known for having different types of players. Some are regular customers, and VIP casinos are just made for them. These players usually get monthly or weekly exclusive offers that correspond with their needs and demands.

Loyalty bonuses usually take the form of a predetermined amount granted to players depending on their status. The rewards might come in all shapes and sizes, such as bonus funds, free spins, and extended withdrawal limits.

No Deposit Bonus

No deposit bonuses give clients the opportunity to try out a casino without depositing any money. Although it seems advantageous, keep in mind that you’re not allowed to withdraw your winnings until wagering the bonus amount at a required rate. 

This means that you are basically playing with borrowed casino funds because your winnings will be considered as casino profits instead of yours until you meet the wagering requirements. The requirements for this bonus exist so that bonus hunters can’t go around cashing out free credits.

Cash-Back Bonus

This bonus gives back a percentage of the losses you suffered during your stay at the casino. This usually comes in handy if you’ve lost quite a significant amount throughout your gambling spree.

The most trusted casinos usually offer cash-back bonuses, so it is definitely something worth looking for. The best part is that you can actually use this fund to continue playing and hopefully win back your losses.

Referral Bonus

Referral bonus is a concept most people are very familiar with because it’s used in other promotional campaigns as well. It involves inviting a friend or family member to try out the casino, and you get rewarded for it after they sign up and deposit some money.

Some casinos have contests where all you have to do is refer a certain number of people and receive amazing prizes. This makes the whole experience a bit more fun, friendly and social.

Free Spins

Some online casinos usually grant free spins to players as a way to get them to use their newly introduced slot machines. Others even might offer them to their new customers within welcome packages.

Of course, this type of bonus is only for a limited number, and you can use them to win real money without spending a dime from your pocket. How this bonus is offered varies depending on the casino. Always make sure you read all the bonus terms and conditions before jumping on this.

Conclusion

Well, there are still several types of bonuses you can get when joining an online casino. Some give out big bonuses to new customers while others focus on loyal customers. Either way, ensure you go through a casino’s terms before joining to claim promotions.