Casino bonuses are a big deal in the online casino industry. Gaming sites compete to see who offers the most significant casino bonus and whose benefits attract the most players.
With the help of casino bonuses, you can enjoy longer gaming sessions and, thus, better winning opportunities. For the casino, casino bonuses are a great way to attract new customers to the site and keep old customers satisfied.
The intensified competition between online casinos has meant that each casino strives to offer something unique. Casinos try to meet the needs of as many players as possible by providing several different casino bonus variations. That is why today, the number of casino bonuses is approaching almost spatial infinity, and it’s no wonder if even the most experienced gambler sometimes loses his mind.
But what kind of monetary benefits do casinos offer today, and what are the newest casino bonus trends?
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Many forms of deposit bonuses
A deposit bonus is one of the most common benefits of online casinos. The player must make a deposit, and the casino then gives a certain amount of bonus money on top of the deposit. This way, you can continue playing casino games for much longer than with your own deposit alone.
The most common deposit bonus doubles the player’s deposit. Then we talk about a 100% casino bonus. If you deposit 200 dollars, a 100% bonus means a 400 dollars bankroll. Half is your own money, and the other half is bonus money. But here comes the trick of the new versions of the deposit bonus.
The old and the most common deposit bonus bundles the deposit and the bonus money the casino offers. The wagering requirement included in the bonus applies to both of them. This means that in the case of the example casino bonus mentioned above, you would need to wager a total of 400 dollars for a certain X amount, for example, 35x. In other words, you would need to wager a total of 14 000 dollars ($200 x 35 + $200 x 35) to withdraw your winnings.
Due to fierce competition, online casinos have developed new types of deposit bonuses that are significantly more player friendly. One version is called a non-sticky bonus.
In a non-sticky bonus, your own deposit and the bonus money offered by the casino are kept separate. You start playing with your own deposit, and if you win, you can withdraw your winnings regardless of the wagering requirement of other bonus terms. Only after you have used up to the last cent of your own deposit do you start playing with the bonus money, at which point the wagering requirement is also activated. This means that the wagering requirement only applies to the bonus money, in which case the requirement is half as low as on the so-called regular deposit bonus.
More player-friendly free spins
Free spins are a very popular casino bonus; in practice, they mean free rounds in the casino’s video slots. Free spins are given in welcome offers, subsequent offers, and, for example, as prizes in casino promotions or tournaments. In welcome offers, free spins usually form an attractive combination with a deposit bonus when both types of bonuses can be redeemed with the same deposit.
Because it is such a popular casino bonus, it has already spawned many different versions. Still, the most common ones are so-called regular free spins which include a wagering requirement. In these spins, the wagering requirement applies to the winnings of the free spins. In other words, if the wagering requirement is a typical 35x and you win $100 with your spins, you need to wager a total of $3,500 before being able to withdraw your winnings.
Like deposit bonuses, a more player-friendly version of free spins has also been developed. As the name suggests, these are wager-free free spins, meaning that winnings from the spins are not subject to the wagering requirement. In other words, everything you win on your spins is immediately available for your free use.
Regular vs. new kind of cashback
The third most popular casino bonus is called cashback. Cashback means a cash refund, and the traditional cashback benefit means the player gets back a small amount of the losses he made from the casino. In general, cashback is pure cash and does not include a wagering requirement. However, there are also casinos whose cashback is paid out as bonus money, and strict bonus terms may apply.
The most common cashback amount is 5-10% of net losses. Net losses are calculated by subtracting all winnings from bets made by the player. If you win from playing, it is not possible to get cashback.
Depending on the casino, cashback can be received daily, weekly, or at a time specified in a separate campaign. Usually, all games are included, but there are variations here too, and for example, losses encountered in table games do not necessarily accumulate the cashback bonus.
As with the other bonuses mentioned above, a new type of cashback has also emerged alongside traditional cashback. In this new version, the casino grants a small amount of cashback for each bet. It is really a tiny part, for example, 0.5% of the bet, but it is paid regardless of whether the player gets big wins or loses.
The innovative bonus does not correspond to the usual cashback but has many similar features. A few online casinos already offer this new type of cashback.
What other benefits do online casinos offer?
Many online casinos offer their active players various additional benefits even after the welcome bonuses. Loyal players are kept happy through promotions and loyalty programs. Playing this way is also rewarded in the long term, and both the player and the casino benefit from this relationship.
What kind of benefits can old customers enjoy of?
- Promotions. Many casino bonuses are campaign-specific and can include anything from free spins to deposit bonuses, cashbacks, and various rewards. The good thing about these offers is that you can grab a better value for your deposit daily instead of a one-time casino bonus.
- Personalized offers. If you play at the same casino long enough, customized offers may appear on your gaming account just for you. This is the casino’s way of thanking its loyal customers for actively playing. Personalized offers can, for example, include wager-free free spins on your favorite games, which are selected based on your gaming history.
- Tournaments. Basically, a tournament is not a casino bonus, but their winnings are still so attractive that they are often listed among the bonuses. You can participate in a tournament, compete against the casino’s other customers, and receive massive prizes, such as free cash, free spins, or deposit bonuses. Tournaments are organized daily at well-equipped online casinos, and participating in them is easy. Prizes for tournaments can be distributed on many different bases, such as the biggest win, points achiever, or, for example, tasks completed.
- Contests and raffles. In the campaign list of some online casinos, you can find contests and raffles, the prizes of which can be a big pile of cash or, for example, travel gift cards and other attractive things.
- Gifts. Whether it’s a birthday present or a Christmas present, online casinos offer their active players gifts in many contexts. The longer you play at the same casino, the nicer the gifts become!
- Refer-a-friend casino bonus. Did you know that you can get additional benefits at some online casinos by inviting your friends to play? In other words, in this case, it is a so-called refer-a-friend bonus, with which you and your friends can claim an extra casino bonus. It works simply by sending your friend a link provided by the casino, through which he has to create an account and make a deposit to the casino. When this process is done, the invite a friend bonus will appear on both game accounts.
Casino bonuses continue to evolve
When casino bonuses arrived at online casinos in the early 2000s, they were just small offers of free cash. Today, casino bonuses may contain bonus money worth up to thousands of dollars and hundreds of free spins instead of free cash. Bonuses, like casinos in general, have therefore developed considerably since the early days of the online casino world, and their growth seems to continue to be strong.
The competition between online casinos is getting even tougher, and they constantly have to develop new innovative features to attract players to their own sites – and one of the best ways to do this is to offer massive, player-friendly casino bonuses. And the new, valuable casino bonuses are undoubtedly happy news for every player, right?
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