There are many different types of bonuses that you can get from an online casino. The type of bonus you choose to go after is dependent on what your goals are when playing at the casino, but they have one common denominator — they all provide players with added money in their account balance to use for wagering purposes.
What Are Casino Bonuses?
The concept of a casino bonus is similar to the one we see with online retail websites that offer their customers free shipping, or buy-one-get-one offers and whatnot.
In the world of online casinos, every deposit is awarded with a certain percentage added as extra funds. Usually this is either a match or a no-match bonus, and can sometimes include free spins and other perks.
Why do online casinos offer bonuses?
For the exact same reason as internet retailers: to attract more players. The goal of any casino free bonus, for instance, a Singapore-based site, is to make money, and by giving away extras for your first deposit, you’re able to do this by having unhappy customers leave with extra cash in their wallets.
This way, you get to keep them for longer and the chances of getting a second (and third) deposit go up significantly.
Types Of Bonuses Available To Online Casino Players
There are five common types of bonuses that all online casinos will be offering you. These are the match deposit, deposit bonus, no deposit bonus, free spins, welcome bonus, high roller bonus and reload bonuses.
Some casinos will offer all of these or just a few of them. We’ll go through each one in order to understand what they are exactly and how they work.
Match Deposit Bonus
This is probably the most common type of casino bonus. Most online casinos will offer you to match your first deposit, dollar for dollar; euro for euro; pound for pound and so on.
For example, if you deposit $20 into your Singapore-based casino account, the casino free bonus will automatically add another $20 to your bankroll (giving you a total of $40). Sometimes this is also applied as a percentage, but this isn’t as common.
A match deposit bonus is a great way to start your casino experience and try out a few different games before you move on to actually spending money of your own. If you’re new, don’t expect too much from these bonuses; most casinos offer them now simply because they want an edge over their competitors, knowing that once you hit your match bonus, you’re most likely to stay with them for a while.
Deposit Bonus
This is the exact same thing as a match deposit bonus, but it’s applied to every single deposit you make. This means that even if your second and third deposits are only 10 dollars each, they will be instantly matched with an extra 20.
As you can imagine, these are extremely rare to find and only the more exclusive casinos on the market will have it as part of its list of bonuses.
Welcome Bonus
These bonuses will usually be given to new players with no previous experience, but sometimes they will also be available for existing players from time to time. The most common welcome bonus that online casinos offer is 10% of your first deposit, up to a certain amount (usually $100). For example: if you make an initial deposit of $200 into your casino account, the online casino will automatically award you with a $20 bonus.
High Roller Bonus
If you’re looking for bonuses that are exclusively available to high rollers, this is the type of bonus you’ll want to go for. These bonuses are usually reserved for players that make deposits on their own, without using any casino promotions (so that they don’t get matched with extra bonuses).
These types of bonuses can be anywhere from 40% up to 100%, but some casinos will place different limits on them depending on how much you deposit. The good news is that once you’ve made your first deposit, high roller bonuses are easy to find/apply for online.
Referral Bonus
This type of bonus is exclusively given to players that refer other people to the casino (usually by email). For each player that joins under your referral link, you’ll be awarded with a percentage of their deposits, up to a certain amount.
This type of bonus is best reserved for high rollers and serious players who want to earn some extra cash by bringing more people into the casino. Keep in mind that you’ll have to wait until your referral has made his/her first deposit before you can actually receive any money from them.
