subject: Casino Bonuses and Their Varied Types [print this page] Casino Bonuses and Their Varied Types Casino Bonuses and Their Varied Types
Many web based casinos come out with incentives to keep drawing new players and retain their existing ones. Bonuses sometimes are the major criteria for a player to decide which casino to play at. Different casinos come out with different types of bonuses and each casino bonus has its conditions. You will need to have a basic understanding about the conditions before you choose a bonus.
Sticky bonus
Sticky bonuses are free money lent to you by the casino, which you can use for playing your favorite casino games. If you score a win and satisfy the betting requirements, you can withdraw only your winnings. The bonus money will be taken back by the casino, which is why it is called sticky' bonus.
Cashable bonus
Unlike sticky bonuses, some casinos offer a cashable bonus, which means that you can withdraw the money they lend you alongside your winnings after you meet the requirements of the wager. Online casinos normally do not state whether their bonus offers are cashable or sticky in their pages; you will have to go through the casino's terms & conditions for figuring it out.
No deposit bonuses
As the name suggests, here you are given free money without your having to pay any money as deposit. You only have to open an account with a casino offering no deposit bonuses. Normally the casinos deposit the bonuses into your account, but some casinos may ask for you to verify your credit card number before your casino bonus is deposited into your account. The amount of a no deposit bonus may vary between casinos. You will need to read the terms & conditions of wagering on a no-deposit bonus which you will have to meet before you withdraw your winnings.
Sign Up Bonuses
Sign up or welcome bonuses are offered by online casinos to people who have just signed up at a casino. The amount of money that a player gets from these bonuses depends on the amount paid by a new player as deposit. Usually it is a certain percentage of the amount deposited and they have a minimum and maximum amount to be paid as deposit. The percentage can also vary, from 100% to even about 400%, to attract new players. Depending on the casino's promotional tactics, these bonuses may be offered for the first few deposits or only for the first deposit.
Weekly and Monthly Deposit Bonus
Existing players at an online casino will be rewarded with a bonus if they deposit money regularly into their accounts. These bonuses are usually given on a monthly or weekly basis normally ranging from 20% to 50%.
Cash-back Bonuses
Sometimes casinos may refund some of the money you may have lost in your gaming in the form of a cash-back bonus. Cash back bonuses are offered ranging from 10% to 20%. This is one of the other attractive ways of availing a casino bonus.
Refer-A-Friend Bonuses
A person can avail a casino bonus by inviting their friends to sign up for the casino. You are given a bonus of a certain amount of money for every friend that you refer to the online casino.
