Many gamblers prefer online casinos above land-based ones because they offer many more games. However, online casinos stand out from land-based casinos in another way, and this is by offering a range of top bonuses. In this article, we shall explain what casino bonuses are and take a look at some of the common ones that you can encounter.
Why Do Online Casinos Offer Bonuses?
Online casinos, like any business, want to make as much money as possible, so why would they happily hand out bonus money and free spins to their customers? Well, it is due to how competitive the iGaming industry is – the market is completely saturated, and offering enticing bonuses is one way that an online casino can stand out from the crowd. If an online casino is inconspicuous, then it will not have much success.
The Different Main Bonus Types
There are plenty of different bonus types that you will encounter, and we are going to check out some of the main ones now that you can come across at the top online casinos.
Welcome Bonus
When you register with a new casino, they will usually welcome with a Welcome Bonus, also known as a deposit bonus. It will usually be in the form of a match deposit, where the casino will match you first deposit up to a particular amount.
For instance, they might offer to 100% match your first deposit up to $800. This means, that if you deposited $800 right away, you would get an extra $800 in your casino account.
No Deposit Bonus
This is a bonus that can be claimed without you needed to deposit funds straight away. All you are required to do is register with the online casino, and you will receive the bonus that is being offered. This kind of bonus is really popular because it gives players the chance to try out an online casino without financially committing to it first. If you do not like the online casino, for whatever reason, you can leave without thinking about the money that you deposited.
We need to stress here that no deposit bonuses are often smaller than deposit bonuses due to the fact that you are not required to deposit any of your own cash.
Free Spins
Apart from offering some bonus money, many top online casinos will also throw in some free spins. For example, you might encounter a bonus where you can get up to $1000 and 150 free spins. Sometimes the online casino in question will just offer a number of free spins on a specific slot that they are looking to promote.
You can also get no deposit free spins, which work in the same way that no deposit cash bonuses do. All you have to do is register to claim the bonus. If you are looking for some quality free spins no deposit bonuses, then onlinecasinonewzealand.nz can tell you all about the best ones.
Minimum $1 Deposit Deals
To claim any bonus, unless it is a no deposit bonus, you will usually have to deposit a particular minimum value. Once upon a time, the minimum amount was $10, but due to the increasing competitive nature of the industry, there are a number of quality online casinos that allow punters to claim their bonus by depositing just $1.
Always Read the Terms and Conditions
With regard to bonuses, no matter which one you decide to claim, there is one thing that you should get into the habit of doing, and this is familiarising yourself with the terms and conditions that apply. There will usually always be wagering requirements attached, for example, which tell you how much you need to wager before you can withdraw any winnings or bonus money.
Other valuable terms to check out include:
- The minimum deposit needed to claim the bonus.
- The number of days given to you to complete the wagering requirements.
- The number of days that you will have to spend the bonus money.
- The payment methods that can be used to claim the bonus.
Gamble Responsibly
Whenever you are gambling, make sure that you are doing so responsibly by setting up a budget with an amount that you can afford to potentially lose. Never try to recuperate your losses by spending more than your budgeted money, since this can lead down a slippery financial slope. If you want to find out more about the legalities of the NZ online casino scene, you can do so by visiting the New Zealand Gambling Commission website.
