The Different Types of Bonuses You Can Use In Online Casinos

If you’ve been playing in online casinos for a while, you would undoubtedly know that bonuses are one of the key engagement factors that will keep players from moving on (and taking their money with them) to a different platform. Moreover, bonuses are the honey that attracts new players to sign up and register an account in an online casino.

If that wasn’t enough to emphasise the importance of the bonuses that are offered by an online casino, it’s also worth noting that there is quite a myriad of bonuses today, with welcome and reload bonuses considered the two most popular. However, there are even more bonuses available such as cashback bonuses, reload bonuses, free spins, no deposit bonuses etc. that you may not be aware of.

This is also the reason why we’ve compiled this listicle — to guide you through all the online casino bonus options available today. So without further ado, here are the different types of bonuses that you should know before you play in any online casino.

1. Welcome Bonus

Ah yes, the humble welcome bonus. It is one of the main things that players look out for when they check out any new online casino. And it is one of the best ways a casino can use to attract new members and players to a platform. These welcome bonuses typically come in the form of monetary bonuses or free spins.

It’s not an exaggeration to say that an online casino’s early and continued success depends almost entirely on its welcome bonus. Thus, online casinos are in a constant battle to offer the most attractive welcome bonus for the players. So, you as a player should always compare these bonuses before you sign up.

2. Reload Bonuses

In a way, reload bonuses are a way of thanking the players for their continued support of the online casino platform. These bonuses are usually paid out when a player has deposited a certain amount of money into their account and are given out as credits that players may withdraw after fulfilling certain requirements set by the online casino.

And like welcome bonuses, online casinos constantly compete to offer their players the most attractive reload bonus packages. So make sure you keep a lookout for such offers to maximize the value of your deposits.

3. Cashback Bonuses/Rebates

Cashback bonuses are also a great way to offset some of the losses that players may incur when they play slot games or any other games in an online casino. This cashback amount is usually calculated based on either the total amount wagered or lost in the online casino over a certain period. And depending on the online casino, you may be able to withdraw this money after fulfilling certain conditions set by them.

Some casinos may also offer better rebates depending on the membership tier that you have with them. The higher your membership level, the bigger and more frequently you can claim the rebates. Some online casinos could also offer daily, weekly, or monthly rebates depending on your membership tier.

4. Free Spins

Free spins are like the online casino godsend that everybody loves. Many online casinos offer free spins as part of their bonus packages for their existing players to keep them engaged with the platform. However, these free spins usually come with wagering requirements and certain conditions, depending on the online casino in question. And some other casinos may also offer free spins as a feature in their slot games instead of a bonus outright.

5. No Deposit Bonuses

Okay, forgive us for this one but the no-deposit bonus technically isn’t real. It is a myth and a marketing gimmick intended to trick (for lack of a better word) players into committing to a particular online casino.

By design, no deposit bonuses were created with the promise to give out to players who have not deposited any money into their online casino account. Does that sound realistic to you? No casino — online or not — would be willing to lose out on income by giving out free cash.

No, with this type of bonus, online casinos rarely pay out as the terms and conditions associated with it are normally very stringent and difficult to fulfil. Therefore, it’s best that you keep your expectations tempered when it comes to no-deposit bonuses.

Conclusion

There you have it — the five types of common online casino bonuses you should look out for when checking out a new online casino. While free spins, reload bonuses, cashback, and rebates may seem attractive initially, you should always read the fine print before committing to an online casino platform and ensure that the online casino is licensed and regulated. And always make sure to avoid casinos that offer “free credits, no deposit” bonuses as they are likely not real.

We hope this listicle will help you find the online casino bonus that best suits your needs and enjoy the gaming experience. If you need suggestions, Play88 offers some of the best bonuses in the business today. And if you sign up now, you’ll also be entitled to claim a welcome bonus of MYR 2,000 to get a huge kickstart!