Best bonuses in online casinos
Online casinos are growing in leaps and bounds. Not only does the number of available games grow each week, the number of casinos themselves is growing, too. The relative ease of running an online casino has created countless options for players and fierce competition. How do online casinos stand a chance to get noticed?
The answer is simple: bonuses. By giving away money, free spins, or other extras, casinos entice players to come visit them. Most attention goes to bonuses for new players, but a good casino offers similar bonuses to existing players as well. Below, we’ll discuss the different types of bonuses that online casinos will use. To know the best online casino bonuses at any time, click here, where all casinos and bonuses are compared.
Free Spins Bonus
Like the other bonuses in this list, the free spins bonus has a pretty self-explanatory name. The free spins bonus can come in different forms and at different moments, but always includes a number of free spins. Winnings from these spins are added to the player’s account balance.
The popularity of a free spins bonus comes from a few different factors. For players, the free spins bonus is popular because winnings often have far fewer terms and conditions than other bonuses. For online casinos, free spins are great because they get players active in their casino, winnings can be capped, and it’s a great way to introduce new games to players. A large number of free spins is often broken up into smaller parts, where players get a number of spins each day, thereby (hopefully) creating the habit of visiting the online casino regularly. Please be aware of the dangers of online casinos. If you feel an addiction arising, please read this website for more information.
The best way for an online casino to get noticed, is by offering free spins on the most popular games. This is why you’ll mostly see free spins offered for slots such as Starburst and Book of Dead. Another popular version is offering one or two bonus rounds on a popular slot, such as Jammin’ Jars.
No Deposit Bonus
While free spins are a popular online casino bonus with players, they pale in comparison to the no-deposit bonus. This bonus is only for newly registered players and gives those players a number of free spins (most common) or a small amount to play with (increasingly rare). As you can imagine, the no-deposit bonus comes with strings attached. You can never just register, win, and cash in your winnings, but it’s definitely possible to win.
The no deposit bonus often looks like the free spins bonus, since you often receive a number of free spins (after registering). You’ll find the same slots promoted with a no deposit bonus, although Starburst is notoriously absent from the list of slots with no deposit free spins. A big difference between a regular free spins bonus and a no-deposit bonus, is that the latter is really only offered to new players, while the general free spins are a much more common bonus.
In popularity among players and online casinos, the deposit bonus is losing terrain to the free spins bonus, but still going strong. A deposit bonus matches your deposit for a certain percentage (with a limit). New players can often expect a deposit bonus anywhere from hundreds to thousands of euros.
As rule of thumb, you can count on stricter terms and conditions the higher your maximum amount is. A bonus worth several thousands will often be split between the first few deposits you make as a player, with some deposits matching only 25% of the player’s deposit – which means you’ll need to deposit € 4,000 to get € 1,000 in bonus money.
Another reason deposit bonuses are fading in popularity is the wagering requirement. To ‘unlock’ the bonus money, you must first deplete your own money and then wager between 30x and 40x the bonus money. After you’ve lost the € 4,000 in the example above, you can cash in the € 1,000 in bonus money after wagering an average of € 35,000. If a casino puts wager limits of € 5 per bet (which they all do) and a fourteen-day window to cash in your bonus (which some do), you’ll have a full-time job on your hand meeting the requirements.
Those reasons explain why casinos have switched from offering mind-boggling deposit bonuses for new players to a hybrid model that combines the deposit bonus and free spins bonus. However, existing players can get the most out of their normal deposits by making sure they use the deposit bonus that will still be in place.
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