A Beginners Guide To Online Casino Bonuses

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  • 3 Nov, 2022  |
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When first joining any online casino, you’ll be presented with different casino bonuses - free spins, matched deposits and more. Whilst these are what casino pros look for, they can be confusing to beginners - what should you look for and what are the catches?

We’re going to take a more in-depth look at the different types of casino bonuses you can find at online casinos. Also, If you’re a player from Canada, be sure to read more about getting your hands on these great bonuses!

1 A Beginners Guide To Online Casino Bonuses

The Wagering Requirements

Before we get into the nitty gritty of these casino bonuses, we’ll get into one of the most important things to take into factor as to whether to claim a bonus or not - the playthrough and wagering requirements, as this often causes confusion.

An example would be the bonus having a wagering requirement of the deposit plus a bonus 20x before you can cash out your bonus winnings. These numbers will be different at different casinos - some casinos have 35x and some have 70x.

If you deposit $100 in this example and snag a bonus of $100, you must wager $200 (The deposit amount plus the bonus amount) 20 times, so $4,000, before you can cash out any winnings from this bonus.

You should also check the terms and conditions of any bonus for a list of the games that you can use. Many casinos will either exclude or heavily limit the weighting of certain games - such as Blackjack - towards the wagering requirements. An example would be the weighting of blackjack being at 50%, which would mean every $1 you wager only counts as $0.50 toward the wagering requirement.

No matter where you’re playing - Canada or Iceland - Always make sure you read through the wagering requirements!

The Bonuses

Free Money

A free money bonus is exactly what it sounds like - the online casino gives you a small amount of free cash to use on their casino games. You can find bonuses such as getting $50 free when you deposit at least $100, which gives you a great start at the casino.

Matched deposit

These bonuses take whatever amount you make as your first deposit and add a certain percentage on top - such as 100%. Unlike the free money bonus, it isn’t a fixed amount but a percentage. These are the most common types of casino bonuses you’ll find, as it allows you to enjoy both online slot games and table games.

The percentage offered varies greatly between casinos, but in general the higher the percentage bonus, the higher the wagering requirements needed to cash the winnings out.

Free Spins

Perfect for the slot player, free spins will give you a set amount of free goes on certain slot games. You’ll find a whole range of different slots to enjoy these on - from cult classics like Gonzo's Quest to film-themed games like A Nightmare on Elm Street. These free spins can come in the hundreds and can be dished out to you over a certain number of days - such as 20 free spins a day over 20 days.

You’ll often find these bundled up with a match deposit bonus and spread over your first few deposits. This is what’s known as a welcome package

No Deposit Bonus

One of the most highly sought-after casino bonuses, a no-deposit bonus gives you something simply for signing up to the casino - you don’t need to deposit a penny!

Whilst these aren’t the most lucrative casino bonuses around, often coming with a couple of free spins and/or some free bonus cash, they allow you to enjoy the casino and try out some of the games. They also usually come with extremely high wagering requirements.

Loyalty bonus

A loyalty bonus is for players who are already members and have been enjoying the games for a while. They can be snagged after reaching certain requirements set by the casino and come in all forms - some casinos will have an XP bar, some will have different targets you need to achieve and some will have a themed adventure with different casino-related ‘quests’ you have to achieve.

Usual loyalty rewards include free spins or some bonus money, but you can find casinos that award real-life items such as luxury cruises, safari trips or even free pizza!

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