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December 18, 2023

Types of Online Casino Bonuses—All You Need To Know

Casino bonuses can be a real treasure while gambling online, and knowing how to use them to your advantage can enhance your gaming experience. Bonuses are a way for casinos to stand out in a highly competitive market. However, they are not just attractive bait.

They come in different forms, and to make the most of the possibilities they offer, it’s critical to understand the various types of online casino bonuses available and ways to use them effectively.

Different Bonuses at Online Casinos

Online casinos offer a diverse array of bonuses to entice and reward players, each with its unique features and benefits. Here are the most common types of online casino bonuses:

  1. Welcome bonus
  2. No-deposit bonus
  3. Free spins
  4. Reload bonus
  5. Loyalty rewards
  6. Cashback bonus
  7. Refer a friend

Welcome Bonus

Welcome bonuses are specifically tailored to new players who have registered at an online casino for the first time. Welcome bonuses often come in the form of a welcome package, and the components include bonus funds and free spins, but the exact details may differ based on the casino’s offers. 

You can usually claim them after you place an initial deposit. 

The greatest features of the welcome bonus are the following:

  • Attracting new players to join the casino
  • Boosting your initial bankroll and allowing a more extended gameplay
  • Providing a chance to win additional prizes through free spins

No-Deposit Bonus

No-deposit bonuses are a unique and very popular offer in the world of online gambling. Unlike many other bonuses, they don’t require you to make an initial deposit to claim the bonus. These bonuses often consist of bonus funds or a specific number of free spins on select games. The amount offered is usually smaller than in other types of bonuses, as you don’t have to put any of your money on the line, and all the risk is taken by the casino. 

No-deposit bonuses come with many advantages, but the biggest ones are: 

  • A chance to explore new games and strategies
  • A potential to win real money with no initial investment

Free Spins

Free spins are a popular online casino offer among slot enthusiasts. They are frequently included as part of welcome bonuses or offered as standalone promotions. When claimed, free spins grant you a specific number of spins on designated slot games without the need to use your own funds. 

The main benefits of claiming free spins are the following:

  • An opportunity to try out new slot games
  • A chance to win real money with no risks

Reload Bonus

Reload bonuses are promotions online casinos offer to existing players when they make subsequent deposits. They come in the form of a certain percentage of a deposit match-up. These bonuses encourage you to continue depositing and playing at the casino, extending your gameplay with additional funds and increasing your chances of winning

Reload bonuses have the following benefits:

  • Stimulating loyalty and continued deposits
  • Providing extra funds for extended gameplay

Loyalty Rewards

Loyalty rewards are an integral part of online casino loyalty programs. The primary purpose of these promotions is to recognize and appreciate players for their loyalty, reinforcing the bond between the player and the casino. Loyalty rewards come in various forms, including cashback, exclusive promotions, and even personal account managers for high-level players.

These are the benefits of loyalty rewards:

  • Exclusive benefits not available to regular players
  • Improved gaming experience
  • Personalized support

Cashback Bonus

Cashback bonuses are a form of compensation offered by online casinos. They serve as a form of financial safety net, providing a percentage of your lost bets as a bonus. Cashback is typically available as part of loyalty programs or as a specific promotion. 

The most significant advantages of cashback bonuses are:

  • Mitigation of losses
  • Boosting confidence to continue playing
  • Providing a sense of fairness in case of losing streaks

Refer a Friend

Refer friend bonuses are a referral-based incentive offered by online casinos. If you’ve had a positive experience, the casino encourages you to invite your friends and acquaintances to join their player base. When referred friends sign up and meet the criteria, both of you are rewarded. This could be a fixed amount or a percentage of the friend’s initial deposit, free spins, or some other reward or perk. 

The benefits of referring a friend incentive are:

  • Enhanced social aspect of your gaming experience
  • Increased trust and credibility
  • Increased player engagement

How To Claim Online Casino Bonuses

To make the most out of an online casino bonus, you need to claim it first—here’s how you can do that:

  1. Make sure to choose a reputable online casino that offers a variety of bonuses. Select one that aligns with your gaming preferences and provides transparent terms and conditions
  2. Once you’ve chosen a casino, the next step is to create an account. Ensure that the information you provide is accurate, as this is essential for the verification process
  3. After registration, depositing funds into your casino account is typically necessary to activate most bonuses. Be aware of the minimum deposit requirements associated with each bonus
  4. In some cases, you may need to enter bonus codes or opt into promotions. Pay close attention to these requirements and ensure you input the correct code during the deposit or registration
  5. Now that you’ve claimed your bonus, it’s time to start playing

For existing players, online casinos typically feature bonuses on dedicated pages, banners, or within account dashboards. Some casinos even send email notifications or alerts within the platform regarding exclusive bonus opportunities. 

Regularly checking the promotions page and homepage banners ensures you stay informed about these types of offers. 

Online Casino Bonus Terms and Conditions

Source: sergeitokmakov

Terms and conditions are a broad set of rules and regulations every casino has. These may include wagering requirements, game restrictions, maximum bet limits, timeframes in which the bonus must be used, and even payment methods. It’s essential to review these terms to avoid any breaches that could forfeit the bonus and its associated winnings. 

Select bonuses with reasonable wagering requirements and terms that align with your gaming preferences and budget, as this can significantly decrease the bonus worth.

Wagering Requirements

Wagering requirements, often referred to as playthrough, specify the amount you must wager before you can withdraw any winnings associated with the bonus. 

These requirements are typically expressed as a multiplier, such as 20x or 30x, which indicates the multiple of the bonus amount that must be wagered. 

Here is a breakdown of how it works:

Bonus AmountWagering RequirementWager Amount
$10020x$2,000
$10030x$3,000

It is up to each online casino to determine the wagering requirements for its promotions, and they can vary from one promotion to another.

Keep in mind that different games may contribute differently to wagering requirements. For instance, slots often contribute 100%, while table games may contribute significantly less.

Meeting wagering requirements can take time. It’s important to stay patient and not rush through your gameplay. It’s better to meet the requirements at a slower pace than to make hasty decisions that could result in losses. Just make sure you reach them in a specified time frame to be eligible to withdraw your winnings. 

Finding the Best Online Casino Bonuses

In the following table, you’ll find our expert selection of online casinos offering the best bonuses. Explore these trusted platforms to maximize your gaming experience with confidence:

CasinoBonus OfferGateway
LeoVegasThree welcome bonus options
Daily and weekly deals
VIP program
Claim the bonus NOW!
PartyCasinoTwo-part welcome package
Festive Spin Drops
The Party Prizes Wheel
Claim the bonus NOW!
PokerStars CasinoNo-deposit free spins
Progressive deposit bonus
PokerStars Rewards
Claim the bonus NOW!
888 CasinoPremium welcome package
Drops & Wins 
VIP club
Claim the bonus NOW!
High Flyer CasinoGenerous welcome bonus
The Promo Carousel
Loyalty club
Claim the bonus NOW!
MansionCasinoHigh roller welcome bonus
Thunder Thursdays and Golden Sundays
Loyalty program
Claim the bonus NOW!
DraftKings CasinoThree different welcome bonuses
Refer a friend
VIP and Loyalty program
Claim the bonus NOW!

Why Choose One of These Casinos?

All the casinos listed have met stringent safety and regulatory requirements, and they operate in full compliance with Canadian laws

These casinos are licensed by reputable agencies like the following:

They are also consistently audited for fair play by eCOGRA and iTech Labs, ensuring your gaming experience remains transparent and trustworthy. 

When choosing from our list, you can be confident that you are selecting a secure and legally compliant online casino, providing peace of mind as you enjoy your gaming adventures within the boundaries of Canadian regulations.

Online Casino Bonuses and Responsible Gambling

While casino bonuses can enhance your online gaming experience, there are some mistakes you should avoid to ensure a smooth and enjoyable gambling journey:

  • Choosing bonuses that do not align with your gaming preferences or budget is a common error. This can lead to stepping over your gaming budget and engaging in financial risks
  • Using bonuses to chase previous losses is a mistake that can lead to reckless gambling. Opt for self-exclusion or another form of responsible gambling option if you find that using a bonus harms your gaming habits

Bonuses should enhance, not compromise, your enjoyment and engagement in online gambling. If you find it hard to control your gaming activities, search for professional help from services like ConnexOntario.

Featured image source: ToNic-Pics

Tuomas Laine

Navigating offers and finding the best, Tuomas is our dedicated Casino Bonus Hunter

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