The race for players is ever-crowded in the casino world. For that reason, online gaming houses come up with ways to stand out from the crowd and attract as many new players as possible. Similarly, they try the best they can to retain existing players. And one of the most effective ways to achieve that is through giving bonuses to both new and existing players.
There are different types of bonuses casinos give players. Here are some of the popular ones you can get at different casinos worldwide.
This is the most popular bonus at most casinos and is exclusive to new players. Also known as a signup bonus, the welcome bonus is a match deposit bonus in most cases. For instance, you may receive a 100% match bonus of up to a specific amount of cash for a specified minimum deposit. Some casinos top it up with free spins on particular games.
No Deposit Bonus
As the name suggests, you don’t have to deposit any cash to be eligible for the No deposit bonus. However, you must meet some requirements to qualify for the bonus. And the requirements vary from one casino to another.
Some casinos have a weekly bonus plan where they reward players on a particular day of the week. Again, casinos with this bonus have varied terms and conditions.
This is another common bonus, and it comes once every month. For instance, it can come during the first or last week of every month.
Some casinos will give you a bonus for referring a friend. This is how it works – the casino gives you a referral link that you share with friends. And you receive a bonus for every friend who follows the link and signs up at the casino.
The birthday bonus is common at casinos with a VIP or loyalty program. The bonus can be in the form of a gift, shopping voucher, dinner, trip, and so forth. Besides, it depends on your VIP level.
How to Convert Your Casino Bonus into Cash
There is no conventional way of converting your casino bonuses into cash. Every gaming house has the latitude in deciding how their players can convert a specific bonus into cash. On the one hand, most casinos have a wagering requirement you have to fulfill before cashing out any winnings from your bonus. For example, a casino may require you to wager your bonus 40 times before cashing out. On the other hand, there are casinos (this is a rare case) that give you a bonus with no strings attached. In other words, you can claim your bonus and cash out straight away.
There are casinos where you can use bonuses to play a jackpot. One of the most popular jackpots that involve using a bonus is the Mega Moolah Jackpot. It is a progressive slots jackpot available at some casinos with games from Microgaming, and you can win life-changing sums of cash. So, bonuses are a crucial factor to consider when looking for a gaming house to join. Try your luck!