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Online casino gambling is a competitive marketplace. Each is vying for your time, attention and money. They are all gambling that you will return and they are covering their bet with various bonus programs created to entice you to stay and play. Please be sure to check with the online casino's terms and conditions requirements to learn the specific limitations and regulations regarding their bonus programs before playing.
Welcome Bonuses
Welcome bonuses are just what they sound like; the casino's way of welcoming you into their gaming environment with a small token of thanks for choosing their site. Sometimes called sign up bonuses, these are enticements to get you to play at their online casino and, hopefully, stay long enough to get you to enjoy their games and return often. This is a no-risk option for the gamer. It gives him an opportunity to test drive the casino and see if it is a place he'd like to bookmark and make a return visit. The chance of loss is with the casino. However, they have so many return visitors that they rarely feel the impact of this loss.
Periodic Matching Deposit Bonuses
To win your loyalty, most online casinos will offer periodic matching deposit bonuses. These bonuses are based on percentages of the amount of your deposits. In other words, based on how much you are willing to spend playing at their online casino, the management will offer you additional money to stay. Some online casinos are so determined to keep your business that they may offer as much as 200% or even 500% in matching bonuses. As with frequent flyer cards, the more frequently you wager, the more inclined they are to give you additional points or credits to spend at their virtual tables. Most of the casinos have specific rules that govern when and how you can use this bonus money when gaming so be sure to check their guidelines to be sure that you don't incur penalties for misuse.
Weekly or Monthly Bonuses
These bonus programs are based on the house betting that you will return frequently to play at their tables. In most cases, you will be offered a certain number of bonus points or credits to play with but only at a certain time of the week or month. These are usually offered only once in a given time period, which encourages you to return on a regular basis in order to claim these rewards. In this way, the online casino is creating regular repeat business. As with all bonus programs, they vary from one casino to another and you should be sure to check the rules before playing with the house's money.
Banking Bonus Programs
Many online casinos have challenges when it comes to collecting funds from credit card companies due to some government regulatory statues concerning how financial institutions handle gambling transactions. It is for this reason that some online casinos have created Banking Bonus programs. This is a way to reward you for using a third-party processor to pay your casino tab. Usually, an outside company such as Moneybookers, Click2Pay, or NETeller is used.
These companies secure the funds you promise from your credit card and forward the money on to the casino. In this way, the casino limits the liability of casino tabs not being paid. As a thank you for using this alternative payment method, some online casinos will deposit additional credits to your account. Usually these Banking Bonuses are capped at certain levels, high enough to reward you for the inconvenience of using a third-party payer but not so high as to impact their profit margin. Be sure that the alternative banking agency does not charge you a fee to use their service. If they do, the casino bonus might not be worth the effort.
Refer A Friend Bonus
Typically, these bonuses are awarded to players who refer a friend to the same online casino; only after a real money deposit and playing activity by your friend has been verified. Most often, you are rewarded casino credits that are deposited into your account once your friend has been verified. These bonuses can range between $20 and $100 per referral.
See the our guide to the best casino bonuses to find the top deals.
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