Bonuses are a significant perk of choosing online casinos over land-based casinos. If you’ve played in a traditional casino, you may be offered free drinks on the house or get signed up to some loyalty program. However, with online casinos, things are different because cash bonuses are often given to players.
If you’re new to online betting, you’ll find JustSpin Bonuses and similar loyalty programs somewhat confusing and overwhelming. The abundance of bonuses means you might find it challenging to choose one that suits you best. Thus, it’s crucial to understand what casino bonuses are all about and which of them would be best for you.
Cashable Vs. Non-Cashable Bonuses
Arguably, these are among the most misunderstood concepts among newbies. Online casinos offer two main types of bonuses, which differ significantly.
You can withdraw a cashable bonus before you fulfill the bookmarker’s wagering requirements.
Non-cashable bonuses can’t be withdrawn after fulfilling the wagering requirements.
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Why Do Online Casinos Offer Bonuses?
Thanks to tech innovation and increased Internet penetration over the past decade, there has been significant growth in the number of online casinos. Although many people still gamble at traditional casinos, online casinos seem to be taking over the industry due to the convenience and privacy that they offer to gamers.
To encourage more gamers to play, online casinos have introduced bonuses for new and returning players. This not only entices them to sign up but also to continue playing. It’s best to keep in mind that all bonuses on online casinos have some play through requirements before you cash out any winnings. That said, here are some popular online casino bonuses and why you may want to leverage them.
Welcome Bonuses
When you sign up at an online casino for the first time, you’re likely to be offered the welcome bonus. Typically, online casinos provide this to entice players to sign up and bet on their sites. Depending on the casino you create your account with, the welcome bonus allows you to play free rounds at table games or free spins at the slots. If it’s a betting site, you can use the welcome bonus to bet on the games of your choice. With most online casinos offering a welcome bonus of sorts, you should be wary of those that don’t.
As a newbie, the most suitable bonuses you may want to try are the no deposit bonuses. As the name suggests, you’re not required to deposit any money into your account to get these bonuses. Instead, all you need to do is create an account with the online casino offering the bonus. Nevertheless, most no deposit bonuses come with a catch. Typically, you’ll also be required to bet your personal money to receive any winnings from the no deposit bonus.
Deposit Bonuses
These are the complete opposite of the no deposit bonuses. In this case, you’ll only be offered a bonus after depositing money into your online betting account. Deposit bonuses may be offered to you after crediting your account for the first time or every time you deposit money into the account.
Cashback Bonuses
Cashback bonuses are typically offered to returning players to reward their loyalty. The bonuses are essentially for those on a losing streak and need some motivation to keep playing. The cashback bonus is often a percentage of the money that a player has lost. It’s returned to their accounts in the form of a bonus to allow and entice them to keep playing.
Loyalty Bonuses
After playing in an online casino for a considerable period, your status and loyalty may be recognized by being offered a bonus. The types and amounts of loyalty bonuses offered by online casinos vary. Also, some casinos don’t require a play through on loyalty bonuses. Generally, you’ll only need to meet a specified token requirement to cash out your loyalty bonus.
Free Bets Vs. Bonuses
Now that you know what casino bonuses are, it’s best also to distinguish them from free bets. In online betting, there’s no such thing as free spins. Instead, all you get is free money provided to you by the casino operator. After winning, you keep the winnings minus the original bet amount. Also, winnings from free bets come with specific wagering requirements before you withdraw the funds.
Key Takeaways
As a new bettor, there are many online casino bonuses that you can take advantage of to increase your winnings. Even so, finding the most suitable casino bonuses is somewhat complicated, but going through online games and casino reviews will give you an idea of where to start.
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