Understanding Online Casino Bonuses: Types, Terms, and Strategies

The vast majority of online casinos provide at least one attractive bonus that lucky players can turn into actual money. Both new and existing users can benefit from these deals. However, players must understand the different types, terms, and strategies associated with these offers to get the most from the bonuses. Thanks to our guide, players will learn how to use the latest no deposit casino bonuses and welcome bonuses, what wagering requirements stand for, and what the best approach to maximise the effects of these bonuses is. So, let’s start!

Types of Online Casino Bonuses

There are many online casino bonuses, but some are more popular than others. The following is a list with descriptions of the options usually available on the best casino sites.

Welcome Bonus

You can tell by its name that this bonus is designed to award new players when they finish the sign-up process at an online casino. In most cases, you will find so-called match deposit bonuses, where the online casino matches a specific percentage of your first deposit up to a predetermined amount. For instance, if there’s a 100% welcome bonus of up to £400, you will get £400 in bonus money if you deposit the same amount.

No Deposit Bonus

We can’t say that you will find this type of bonus in every online casino, but spending some time searching for these deals is worth the effort. Simply put, no deposit bonuses enable players to play with bonus money without depositing. That’s why their value is usually lower than other bonuses. Typically, they are worth between £5 and £50. Still, they are a great deal since you get a chance to win something without investing your funds.

Free Spins Bonus

When you use a free spins offer, you practically get a certain number of free spins you can use on a specific slot game. Sometimes, free spins bonuses are part of the welcome offer. At the same time, in other cases, it’s an independent deal offered to existing users. Don’t forget that the number and value of these spins depend on the site, but it’s usually between 10 and 100 free spins worth 10p to £1 each.

Reload Bonus

Unlike welcome bonuses, reload bonuses are created for existing users when they place a new deposit and top up their account. Typically, they cover a percentage of the deposit amount, like 25%, 50%, or 100%. It goes without saying that they, too, come with wagering requirements, maximum amounts, and other conditions.

Online Casino Bonus Terms

Every offer looks excellent when you look at the sheer numbers and percentages of online casino bonuses. But the fine print makes the difference between good and lousy bonus deals. In other words, you should check the online casino bonus terms to find their true value.

First, the most important thing is to check the wagering requirements, defined as the number of times players must use the bonus money before they can cash out the winnings. For instance, if you get a £100 bonus with a 30x wagering requirement attached to it, you must wager £3,000 before you can withdraw anything you have won with the bonus funds.

Let’s not forget that most casino promotions don’t cover all games. For example, some bonuses can be used only on slots, while others are created for live dealer titles. Also, not all games contribute the same to the wagering requirements.

While discussing the terms, we should also point out that there are usually maximum bet limits with the bonus money, expiration dates, and a few other things in the terms and conditions section.

Online Casino Bonus Strategies

Now that you know the most popular types and essential terms, it’s time to reveal some timeless online casino bonus strategies. Remember that it all comes down to luck with online gambling. Still, with the correct strategies, you can increase your chances of winning and ensure you get the most from these deals.

When opting for a bonus, you should consider your playing style and preferences. Search for the best type of bonus for you. Of course, we will once again mention the wagering requirements because they play a significant role in determining the value of any bonus. The lower the wagering requirement, the better.

After that, our advice is to choose the right games to play. This strategy goes beyond game restrictions and contribution. It’s best to choose games with a high RTP (Return to Player) percentage when trying to get a chance to cash out casino bonuses. Video poker and online slots are great options.

Lastly, don’t forget that you are allowed to join more than one online casino. Suppose you have set a budget and can afford to deposit funds in multiple places. In that case, using the bonuses on several gambling websites is the best idea.