Are you curious about what makes a good casino bonus and which bonuses you can find? Casino Dot Review has prepared a short guide through the various casino bonuses. This guide will help you choose the right online casino.
Welcome Bonus
Every online casino today offers a welcome bonus. With this bonus, you have the chance to increase your chances of winning. On the other hand casinos use it to attract new players. Welcome bonuses typically come in the form of extra money or free spins. The number of welcome bonuses varies from casino to casino. While some may offer only one bonus for the first deposit, others may offer up to five different bonuses in a welcome package. Casinos usually add the bonus amount based on the deposit amount, which can be 100%, 50%, 75%, or even 150% or 200%.
Tip: Before taking the welcome bonus, we strongly advise reading the terms of the bonus, as the terms for cashing out the bonus can be quite demanding
Wagering Casino Bonuses
The wagering bonus is one of the most common bonuses in online casinos. You must wager this bonus 25x – 50x based on the bonus or deposit amount before you can cash it out. The sweet spot typically ranges around 30-35x, but you should be careful because casinos may calculate the wagering factor based on the deposit amount or the combined total of the deposit and bonus, which would double the requirement.
For example: The casino offers a 100% welcome bonus up to €100 on the first deposit. The wagering factor is 30x Deposit + Bonus.
In this case, if we deposit €100 and receive a €100 bonus, we must wager 30x (€100 + €100) = €6,000 before we can cash out the bonus.
If the wagering were 40x, the required wager amount would increase from €6,000 to €8,000.
The wagering factor is not the only thing we need to be aware of. We also need to pay attention to the maximum cashout limit, as casinos may restrict it if we accept the bonus.
Online casinos with the best bonuses
No wagering Casino Bonuses
This is a wager-free bonus, meaning that unlike a wagering bonus, you can generally request a cashout at any time. These bonuses are less common but more popular among players, as cashing out is significantly easier. In most cases, casinos limit wager-free bonuses by cashout amounts, allowing you to cash out 5-10x the deposit amount. Additionally, casinos often make wager-free bonuses sticky, meaning they deduct the bonus amount from your funds upon withdrawal.
Example: The casino offers a 100% wager-free bonus on the first deposit up to €100. The bonus is sticky, and the max cashout is 5x the bonus amount.
Let’s say we deposit €100 and receive a €100 bonus, and we win €800. When we want to withdraw, the casino deducts the €100 bonus, leaving us with €700 to cash out. However, since the bonus limits the cashout to 5x the bonus amount, we can only cash out €500 in this case.
Sticky Casino Bonuses
With this bonus, your deposit will stick together with the bonus amount, and you will not be able to withdraw your funds until you meet all the conditions for cashing out the bonus. Online casinos are often quite generous with the welcome bonus amounts when it comes to sticky bonuses, but be careful as cashing out such a bonus is not easy.
Non-Sticky Casino Bonuses
With a non-sticky bonus, your funds are separate from the bonus funds. This means you can withdraw your funds and winnings even if you do not meet the conditions for cashing out the bonus.
No Deposit Bonuses
This is a bonus that does not require a deposit, and in most cases, it is either free spins or free money. Most online casinos offer a no deposit bonus upon registration, which is a great opportunity to test the online casino thoroughly before depositing your money. You can also receive a no deposit bonus as part of a VIP program where the casino rewards you for your loyalty on a daily or weekly basis.
Good to know! A no deposit bonus may require certain conditions before cashing out. In most cases, no deposit bonuses are limited to a maximum cashout value, but this is not always the case. They are a great opportunity for testing an online casino without risking your own money. No deposit bonuses are also available to players from most of the countries.
Free Spins
A large part of casino bonuses consists of free spins. In this case, instead of money, you receive spins in a game with which you can win prizes. To simplify, all spins in the game are free and do not use your money. All winnings from these spins are credited to your funds.
You can receive free spins as part of the welcome bonus alongside cash bonuses, or they may also be offered as a standalone bonus. Most often, we will find free spins in an online casino as part of a registration bonus with no deposit required. Additionally, some online casinos offer free spins as a special bonus where you can receive varying amounts (50, 100, 100+) of spins upon deposit. Like cash bonuses, you usually also need to wager free spins before you can cash them out.
Reload Bonuses
In addition to the welcome bonus, casinos also offer so-called “reload” bonuses. These bonuses can usually be taken multiple times and are typically various weekend bonuses or other casino promotions. A reload bonus can be a wager bonus or a wager-free bonus, and free spins may also be added. The Casino Dot Review team advises you to check which casinos offer the most reload bonuses.
Cashback
Casino cashback is almost a necessary promotion for every serious online casino today. Cashback is the money you will receive back into your account. It can be calculated based on the bets placed, deposits, or losses. The amount of cashback depends on how long you have been playing at a specific online casino or how much money you have already deposited. Each cashback usually has different rules, so we advise you to read the cashback terms.
Tip! We recommend looking for a casino that offers the highest percentage of cashback and has the easiest conditions for cashing out the cashback.
Other Rewards
In addition to welcome bonuses, cashback, and free spins, online casinos also offer various other rewards. You can win rewards by being loyal to the casino or by participating in tournaments where the main prizes are usually cash or free spins. You can also win rewards by completing various tasks within the casino. Pay attention to tournaments held by game providers, as these take place weekly. Tournaments can offer quite substantial prizes and provide you with additional earnings.
