12 Popular and Different Types of Online Casino Bonuses

2022/11/15

Online casinos are known primarily for their variety of games. That's the ace they have in the sleeve that defeats land-based casinos. However, it's not just about the choice of games. Casino sites beat their predecessors by a mile with their offers too.

When you join a new casino, you will earn a bonus as a gift for signing up. The welcome bonus is just the tip of the iceberg. The top online casinos will offer a bag of other bonuses and promotions that have one goal – boost your bankroll and make you stick around.

12 Popular and Different Types of Online Casino Bonuses

However, it can all be confusing for beginners since there are different types of bonuses you can get your hands on. Here are the most popular casino bonus types which will boost your bankroll like nothing else.

Types of casino bonuses:

  1. Promo Code Bonus
  2. Signup Bonus (Welcome Bonus)
  3. No Deposit Bonus
  4. Deposit Bonus
  5. High Roller Bonus
  6. Loyalty Bonus (VIP Bonus)
  7. Reload Bonuses
  8. Existing Player Bonus
  9. Free Spins Bonus
  10. Payment Method Bonus
  11. Cashback Bonus
  12. Refer a Friend Casino Bonus

1. Promo Code Bonus

Casino promo codes, also called promotion codes - are a series of numbers and letters you can enter on a casino site to unlock a special offer. Typically, casino sites will use casino promotion codes to either attract customers - or keep existing players happy. Every casino you visit will likely have some variation on the "promo code" term. Some online casinos may call it bonus code, others may say referral code. Deposit code and voucher code are popular too. Nevertheless, it all means the same thing.

Nearly every casino will have some form of new customer bonus. But not all casino sites will require a promotional code to join. However, the site may have some form of exclusive offer available. It's a good habit to look for casino bonus codes before entering a website. For example, Esball Eu Casino has a default bonus of 100% up to INR100. But if you use the NEWBONUS offer code, you qualify for a 130% bonus up to INR130 - which is the best bonus at the casino. However, this promo code is only available to WhichCasino members - and is not advertised on the website.

Usually, online casinos will shift and change the bonuses they offer, which may include lowering the value of the bonus. However, if you have a bonus code - you can still qualify for the improved offer. For example, if Esball Eu decided to change their offer - you could use the NEWBONUS code to enjoy the bigger bonus.

2. Signup Bonus (Welcome Bonus)

Signup Bonus (also known as a welcome bonus) is a reward online casinos offer a new player for being a part of the user base. Some sign-up bonuses ask you to deposit a small sum, whereas others are entirely free (discussed later). If you have already begun visiting casino websites, you will see bonuses match up to a certain amount. For instance, if you deposit INR100, you will get INR100 as a bonus.

3. No Deposit Bonus

Although the trend of no deposit sign-up bonuses is dying, there are several online casinos still offering this deal to new users. A legit no deposit sign-up bonus is the one that does not ask you to wager on high-stakes games immediately after sign-up.

Beware of the websites that offer INR10 no deposit sign-up bonus and ask you to wager above INR100 on one of their games. Ideally, you want to sign-up with reputed and trustworthy sites with a low wagering requirement for a beginner.

4. Deposit Bonus

Deposit bonuses are gifts you get when you deposit in an online casino. The sign up bonus is the most popular type, but you can also earn this type of bonus later as part of a promotional campaign. These bonuses cover a portion of your deposit (like 50 per cent, 60 per cent, or anything above or beyond) or 100 per cent of it. They always come with a set of terms and conditions, so get ready to wager it before withdrawal.

5. High Roller Bonus

“High roller” is an old-school term used to describe a gambler who frequently wages on high-value and high-risk deals. Both online and offline gambling involves a lot of risks. Casinos make a lot of money in games like slot machines. Hence, to show their appreciation, online casinos offer VIP programs to big-spending players. If this sounds like you, you must contact the customer care representative of the casino site and ask for a VIP bonus.

If you consider yourself to be a high stakes player, then perhaps you also enjoy seeking out high roller casino bonus offers as well. There are definitely plenty of online casinos that provide players with the opportunity to receive such. Of course, these do come with differences when compared to standard casino bonuses. Then again, not all players are happy at depositing smaller amounts to play with and only receiving a 100% bonus on top.

When it comes to high roller casino bonus offers, these need to be sufficient enough to warrant a high stakes player depositing a larger amount into their casino account. A high roller casino bonus will take what you deposit and boost it by a significant amount, ensuring that you have a large bankroll to enhance your gaming experience. Keep in mind that there should never be an incentive to join an unlicensed online casino just because of the amazing deal that it provides. High roller casino bonus offers are out there, but be sure that when you’re accepting one, it’s at a licensed and legal platform.

6. Loyalty Bonus (VIP Bonus)

As you already know, a physical casino offers a lot more than a chance to win money. Gambling is also a recreational activity. It is not uncommon for players to meet and mingle with other like-minded people at a casino. Likewise, an offline casino also offers similar perks to players who have stuck with them through thick and thin. Loyal bonus involves discount coupons to restaurants, cafes, and gambling events occurring in your city.

When you become a regular in an online casino, you will almost always get a chance to enter an exclusive VIP club. VIP or loyalty bonuses are bigger and better than the rest and are only available to regulars. You might also get them with lower wagering requirements which means you'll be able to get your winnings out sooner.

VIP clubs usually come with a set of perks too besides the massive bonuses for loyal players.

7. Reload Bonuses

Reloads are very similar to sign up bonuses. They rarely cover 100 per cent of a deposit, but you might get something like 30 per cent or 40 per cent for a deposit on a particular day of the week. Casino sites only offer reloads to players who have already made deposits before. This isn't a bonus for new players – it's a gift to loyal customers. Since they usually cover smaller portions of a deposit, the wagering requirements tend to be lower too.

12 Popular and Different Types of Online Casino Bonuses

8. Existing Player Bonus

We won't dwell much on this type of casino bonus, since it's always going to be one of the other types of bonuses we talk about here. The only difference is that unlike the signup bonus, the existing player bonus is for people who have already signed up for a casino account and claimed the welcome bonus. The welcome bonus is a one-time deal, but that doesn't mean the bonuses stop there – after that, every other bonus you get, whether a percentage of deposit, free spins, cashback, is considered an “existing player” bonus.

9. Free Spins Bonus

This free spins bonus initially was offered as an existing players bonus only or for special promotions when new slots came out, but with time the casinos wisely began giving this promo for new players, as well. Today it is not uncommon to see a welcome bonus that offers both deposit match bonus and free spins, at the same time. So what is the free spins bonus and how does it work? It's rather simple, the casino will give the customer a certain number of free spins, and depending on the terms and conditions, you can withdraw your winnings stemming from that free spins offer.

Every casino will do the free spins a bit differently, but there are some basic truths. For example, the free spins will usually apply only to one specific slot machine, you won't be able to pick and choose the slots. As noted earlier, the free spins are usually given out as a promotional tool when a new video slot is being introduced by the online casino, as a way to drum up some buzz about the slot machine.

While no deposit is necessary to take advantage of this type of bonus, wagering requirements would be on the high side. Oftentimes you would also be limited to a max cashout amount, so keep an eye on this term, as well. Best practice is to withdraw once you've reached the max cashout amount and covered the playthrough requirements. All and all, this is a very good bonus and coveted highly by the casino players.

10. Payment Method Bonus

Online casinos offer a wide range of banking methods for you to deposit and withdraw your funds. They might want to encourage their players to use a certain payment method (normally an e-wallet payment method) and offer an additional bonus as well as the welcome bonus for using the specified payment method. These types of bonuses are not very common though and are found less and less and e-wallet solutions such as NETeller and Skrill are normally excluded for use when claiming a bonus.

11. Cashback Bonus

This is where thing become really interesting. Unlike the usual bonus offers, where you will get a bonus based on your deposit, the cashback bonus works a bit backwards. Essentially, the players get back some of the money they have lost during a certain period. We consider this a bonus because there are wagering requirements, albeit very low, attached to the cashback money.

Once again, the actual specifics will vary from casino to casino, but the fundamentals remain the same throughout. Online casinos which offer cashback (since not all of them would), would do so based on the money you lose within a period of time. For example, all your losses from Monday through Friday could qualify for a 35% cashback bonus. This means that if you lost INR100 over the week, you can get INR35 as a cashback bonus on Saturday.

One should always read the actual terms of the cashback bonus as they could vary wildly between different casinos. For instance, some online casinos would stipulate that only money deposited without claiming any bonus would qualify for the cashback, while others have no such requirements. And as mentioned, some casinos may have specific days of the week, during which your losses qualify for the cashback bonus, while others won't. So always make sure you peruse the T&C of the cashback bonus.

12. Refer a Friend Casino Bonus

This kind of bonus is not very common nowadays but basically you will get a bonus when you refer a friend. This is a good way for online casinos to get customers cheaply though.

In general, casino bonuses are a great tool used by online casinos to get you to deposit and play. It works both ways as you can have additional money to play your favourite casino games with.

In conclusion, as you can see, there are plenty of bonuses you can get at the online casinos. Which one you should chose is entirely up to you – you can claim them all or you can claim none. You don't even have to claim the welcome bonus, if you so desire. But regardless of the type of bonus, always make sure you read the conditions of the bonuses you plan on claiming, as they differ not only between the casinos, but within the same casino as well. Just because last month you claimed a bonus, it doesn't mean that this month it's terms haven't changed. And as always – have fun but do it wisely!