Anyone who ever visits a casino comparison site or an online casino cannot ignore it: the casino bonus.
The casino bonus is the most used marketing tool for online casinos to entice new customers to create an account at the casino and deposit money.
“A casino bonus” sounds very attractive, but what types of online casino bonuses actually exist? And what are the things which you as a player have to pay attention to?
What are the Bonus Conditions?
Before we go and tell you what kind of casino bonuses there are, we first examine an important part of each bonus: the bonus conditions. Bonus conditions are just like visits to the dentist. Nobody wants it, but they are necessary.
Bonus conditions are rules that the online casino has established to prevent any money depositing, receiving the bonus and having it paid out immediately. Without bonus conditions, every online casino would be bankrupt within a day.
Although bonus conditions vary per online casino, there are common things to discover:
- How often do you have to use bonus money (and possibly the deposit) before you can have the money paid out?
- What is the maximum amount you can bet per spin if you play with bonus money?
- Is a maximum payout with winnings from bonus money valid?
- What percentage do the casino games contribute to playing the bonus?
- Are there any games that are excluded?
- Are there payment methods that are excluded?
CasinoFisher strongly advises you: ALWAYS study the bonus conditions before you deposit money and start playing with bonus money. That can prevent a lot of dissatisfaction and disappointment. After all, if you violate the bonus conditions consciously or unconsciously, then you can let slip your stake. And that can be very sad if you have just managed to make 5x out of a 100 NZD deposit.
In any case, try to find bonuses with playing conditions of 35 x the bonus or less and no maximum payout limit for winnings with bonus money. A maximum payout limit on free spins is almost unavoidable. Often it is 100 NZD or 200 NZD.
What Online Casino Bonuses are There?
Online casinos can give new and existing players a casino bonus in different ways.
We list them all for you.
The deposit bonus is often referred to as the welcome bonus. You receive a percentage of bonus money on top of your first (and sometimes multiple) deposit (s). This is usually a percentage of 100%, but sometimes percentages of 125%, 200% or even higher are given away. There is always a maximum amount of bonus money that can be obtained.
Suppose you get a welcome bonus from 200% to 100 euros at an online casino and you decide to deposit 75 euros. You will receive a 200% x 75 NZD = 150 NZD bonus. Your starting balance, in this case, is 75 NZD + 150 NZD = 225 NZD.
No Deposit Bonus
The no deposit bonus, also called bonus without deposit, was hugely popular 10 years ago, but is becoming increasingly rare. As a thank you for creating an account you will receive a small amount of bonus money (often 5 or 10 NZD) or a small number of free spins on a video pokie, often 20 or 50 ones.
Free Spins Bonus
You often get a free spins bonus in combination with the deposit bonus. You will receive a large number of free spins, usually 100 or 200. These free spins are 9 out of 10 times on a popular slot with a low minimum value per spin, such as Starburst, Spinions Beach Party or Aloha! Cluster Pays. We also see free spins given away on Book of Dead.
A reload bonus is actually the same as a deposit bonus, but for existing customers. The percentages of the bonus are often somewhat lower: 25%, 40% or 50%. Yet it is nice to take an extra bonus with an online casino now and then.
VIP players who have lost a lot or have not appeared at the casino for a while can get a VIP bonus. An amount of bonus money is placed on their account, often with reduced play conditions. Sometimes VIP bonuses with 4 x or only 1 x have to be wagered before they can be paid out.
A cashback bonus means that you get a percentage of bonus back from the casino. That percentage can be based on your losses or your total game. Sometimes you can have a cashback bonus paid out immediately; at other casinos, there is a betting obligation.
Free Participation in Lotteries
A well-known bonus that casinos give away is free participation in a lottery. For example, the casino holds a lottery among its players, with a super luxury trip to Las Vegas as the main prize. The more you bet at the casino, the more lottery tickets you get. This way, every player has a chance to win, but bigger players have a better chance.
Free Trips, Events, and Concerts
Online casinos take good care of the real high rollers who can count on invitations for beautiful trips, (sports) events, concerts. Sometimes exclusive pokie tournaments are organized for VIP players, in which only the really big players are allowed to participate.