Bonuses & Promotions of Best Online Casinos

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New and regular casino players might have noticed how there’s been an increase in the number of online casino websites. All these websites have different services and games, but have one thing in common – they all offer players with different types of casino bonuses.

Get a free spins bonus when you join, use deposit bonuses when you deposit money, get cashback offers when you lose: There are a lot of online casino promotion categories you can use, and they all offer an advantage to you. It is possible to double your starting capital, spin the reels of your favorite machine games online for free, and even get partially refunded when you lose.

You might be wondering, why then do the online casinos offer the bonuses? Don’t they go at a loss when they do so? There are different reasons why the sites might decide to offer players the bonus money, but competition and their urge to attract more and more players to their sites can be attributed to being the main reason why they offer the incentives.

The online casino industry online is supposedly valued at over $20 billion by the end of 2020, and the result has seen millions of sites coming up in a bid to get a share of this jackpot. With more than 2,000 sites offering casino services, they all want you to sign up at their website and become their loyal customers. This can be achieved by offering the most exclusive services and promotional offers.

In other words, there are a lot of online casinos and bonuses out there, but only a limited number of customers. And offering the biggest online casino bonuses will be the best way to lure new ones in: Everybody likes to get freebies.

In this article, we focus on all the available incentives available at the websites and how you can claim them. If you are a newbie, we’ve also stated just a few tips to help you get the most out of the offers. Once you are done reading this article, you will learn everything you need to know about online casino bonuses and find out how to use them effectively.

Types of Online Casino Bonuses

Different types of online casino slots with bonus rounds vary from one website to another. However, while the majority of offers target slot players, there are other promotions for card and table game players too.

Let’s start with promos that aim to encourage new members. As a general rule, these are the biggest casino bonuses. They always give you something in exchange for becoming a member and/or making a deposit. In this regard, they are broadly categorised into either the deposit or no deposit bonuses.

  • Deposit or match bonus – You only receive this after depositing as stated in the terms and conditions. If you are a new member, a deposit bonus becomes a welcome package and awards you handsomely for your first deposit. If you are already a member, it turns into a reload bonus, which means the casino operator will keep rewarding your each and every deposit, as long as you keep making them. We will talk about distinction in detail below.
  • No deposit bonus – Just as the name suggests, the no deposit offer is awarded to you without making any deposit. There are however other minor terms and conditions that you have to meet to benefit from it fully. Usually, this is a free spins no deposit offer, which means you will be getting a small number of spins for free to use on slot machines. However, you can also get a small amount of cash prize, which will be credited to your account so you can use it to play any kinds of games. If the promotion says “free spins no deposit required,” this means you can use it immediately after joining, without making a deposit. And if you win a prize, it is yours to keep, as long as you complete the wagering requirements, of course.

Welcome Bonus (Sign-up)

Just as the name suggests, it’s offered as a way of welcoming you to the site. It’s usually offered as a percentage of the first deposit that you make once you’ve created an account online. For example, the offer may look like this: 100%, up to $500 + 50 free spins to play Starburst and Arabian Nights video slot game. This means that if you deposit, let’s say, $100, it will be matched by another $100, so you’ll have $200 on your casino balance to start playing with. This type of reward is a deposit bonus.

Top online casino bonuses usually fall into this category because, as explained above, casino operators try to lure new customers by giving them high match rates for their first deposit. While this rate is usually 100%, it is even possible to find 500% match offers. Here is a welcome bonus example to show you how it works:

“100% match, up to 100 USD + 200 free spins”

Now, this offer means three things:

  • The match rate is 100%. In other words, the casino operator will match your first deposit by 100% – if you deposit 20 USD, for example, you will be getting another 20 USD.
  • The maximum bonus is 100 USD. The casino operator will stop matching your deposit amount after reaching this limit. So, even if you deposit 200 USD, the bonus will still be 100 USD. Learning the maximum bonus limit is important because it shows how much the amount of your first deposit should be.
  • To sweeten the deal, the operator has added a casino bonus free spins too. This is not mandatory, of course – most of the time, matching the deposit amount will be the only benefit you get. But if you are also getting a free spins casino bonus, that offer should be prioritized.

No Deposit Offer

As already mentioned, you don’t have to make any deposit to receive this bonus. All you need to do is sign up at the casino’s website, and the bonus money shall immediately be credited to your account.

**However, given the nature of the reward – it’s given free of charge, and with very minimum strings attached to it, the amount offered is very little. In most cases, this amount ranges from €10 up to a maximum of €20.Or, it can be an online casino free spins no deposit bonus, which only gives a couple of spins, free of charge. In any case, you will be getting something for free and instantly. Unlike the welcome package, free spins no deposit bonus offers can be used immediately. In fact, the main difference between these two is:

  • With welcome bonuses, you need to complete a wagering requirement first, in order to unlock your winnings.
  • With no deposit free spins, you get the spins immediately. However, in order to get your prize, you still need to complete a wagering requirement.

So, the wagering requirement is a part of both promotions, but you need to complete it at different stages.

The Reload Offer

This is part of the ongoing casino promotions. Just as the name suggests, the reload offer ensures that you are rewarded any time you make an additional deposit at the site. Just like the welcome offer, the reload offer comes with a percentage of the amount of money that you deposit. For instance, you might be offered a 50% deposit on your subsequent deposit up to a maximum of €100. Since the reload bonus is part of an on-going promotion, it tends to be lower than the welcome offer.

The most important aspect of a reload bonus is that it can be used more than once. The welcome package will offer higher match rates and add free spins on top, but there is a catch: They can be used only once. Reload bonuses, on the other hand, include lower match rates, but they can be used every time you make a deposit. So, they are an ongoing advantage, and in the long run, they award you more than welcome packages. Once again, they will require completing a wagering requirement too.

Cashback Offer

This is actually a quite advantageous campaign and maybe the best online casino bonus. As the name suggests, this promotion refunds a certain percentage of your losses on a regular basis, usually every week. This time, the casino operator does not award your deposits: Instead, it offers a consolation for your losses. This promotion is usually active during the weekend and refunds, for example, 25% of your weekend losses on Monday. So, if you lose 100 USD, for example, you will get 25 USD back. And the best thing is that cashback usually does not require to meet a wagering condition. The refunded funds are yours to use immediately: You can use them to play games or withdraw.

Comp Points

Also referred to as the Loyalty Bonuses, comp points are a way of being rewarded for choosing to play at the site. How do you earn the points? Simple, every time you play a real money game, the casino awards you with points. For example, for every €10 you spend, you earn 1 point. Once you’ve accumulated the required number of points, you can then redeem them for real money.

All these are some of the popular types of rewards that you will be offered across different casinos. One important thing to note is that VIP and regular players have different offers. While you may only receive 1 point for every €10 wagered, they may receive 2 points for the same.

And speaking of VIP players, know that there are multiple loyalty/VIP levels too. Comp points also allow you to increase your level – allocating 1.000 comp points, for example, will raise your rank from “silver” to “gold”. Such advancements are important because you will be getting personal and exclusive offers with each rank/level. For example, you may get a personal account manager, increased withdrawal limits, faster financial transactions, and personal cashback/deposit bonuses.

What You Should Know About Casino Bonuses

  • After becoming a member of an online casino, subscribe to its newsletters. Doing so will ensure that you will be constantly informed about the latest casino bonuses and advantageous deals.
  • Check for the bonus code. Some of the casino promotions require using a coupon code. For example, in order to activate a no deposit bonus, you may be asked to enter free spins bonus codes during the registration. Or, you may need to enter a coupon code during the deposit, to activate the welcome package. If this is the case, make sure you are using the latest casino bonuses codes. They all have a time limit and should be used before that period is over. Check our recommended casinos list: We always list the latest bonus codes too, if they are needed.
  • Do not get fooled by high match rates. A 500% match offer may sound awesome, but what about its wagering rate? Such an offer means you will be getting 500 USD in exchange for a 100 USD deposit, and that’s fine. But if the wagering rate is 60x, for example, you need to wager 6.000 USD first. This is a big figure and will take too long to complete, so that bonus may not be that good at all. Instead of the percentages, check the terms & conditions.
  • Make sure your country is covered. You may be accepted to an online casino as a member, but this does not mean that you will be able to use the bonuses too. This is an issue, especially for the best free spins offers: If the provider of the slot game where the spins will be used does not support your country, you will not be eligible for that bonus. Netent, for example, limits its game collection for a couple of countries, and Starburst is a Netent slot machine. If your free spins offer is usable only on Starburst, and your country is restricted by Netent, this bonus won’t be any use to you. Once again, check the T&Cs to see if such a problem exists.
  • The fewer the restrictions, the better. Some online casinos limit the usage of your bonus funds with a couple of games and/or providers only. So, even after unlocking it, you won’t be able to use your bonus to play any game you want: You will be restricted by the casino operator’s terms. As can be guessed, such restrictions are not good. Pick promotions that do not limit your gaming experience in any way.
  • Bonuses do not stack. You cannot benefit from two different offers at the same time. For example, reload bonus won’t be available to you until you complete the wagering requirement of your welcome package. Trying to use two bonuses at once is a breach of terms & conditions, and the casino operator may ban your account. So, don’t do that. This also shows the importance of picking welcome bonuses with low wagering rates: They will be completed much faster.

Are the Casino Bonuses Withdrawable?

It depends on the website where you are playing your games from. Some sites allow you to withdraw the bonus, while others don’t. Those sites which offer you the opportunity of redeeming the bonus money are mostly those that have a well-established player base and can afford to pay out the money in cash form.

For those that can’t afford to pay out, they will mostly allow or encourage you to use the money to play the real money games and access other services. In the process, you can win real money which you can them withdraw.

All in all, most casino bonuses, especially deposit ones, are cashable, but to do so, you need to meet the requirements mentioned above. Also, note that any promotional offers tend to change from time to time. For this reason, we, at Slotozilla, have a list of the best bonus offers at the most trusted casinos, which we regularly update and extend. Check it out for the best deals!

What Is the Wagering Requirement and How to Complete It?

We have mentioned the wagering requirement in this article several times, so it is time to explain what it is. First of all, all the casino bonuses require completing wagering: There is no such thing as “completely free bonus”. This requirement makes sure that you stay as a member for a long while and keep making deposits – that’s the whole purpose of it. If there was no wagering requirement, players would simply “grab” the bonus and run. In order to prevent that, the operators use this practice.

This requirement asks you to reach a certain wager total, which is determined according to your bonus amount. It is shown with a multiplier and looks like this, for example: 20x. This means you need to wager this amount 20 times in order to unlock the bonus funds. Here is a simple example:

  • You have got 100 USD as a welcome gift, and the wagering rate is 20x.
  • Your bonus funds will be credited to your account immediately after the deposit, but they will be “locked”.
  • Once you wager 2.000 USD (20 x 100), they will be unlocked and become withdrawable.

By the way, wagering means depositing money and spending it on games. In the example above, crediting your account with 2.000 USD won’t be enough, you must spend this amount, play it through. Each online casino has a different wagering rate, and it is your job to find the lowest ones. The lower it is, the better. Big wagering rates will take too long to complete. And until the requirement is complete, your account will be restricted on multiple levels, such as:

  • You won’t be able to place a wager higher than 5 USD on all games. This figure may be different at each online casino, but it is usually 5 USD. So, for example, to wager 2.000 USD, you need to place 400 bets, separately.
  • You won’t be able to make a withdrawal.
  • You won’t be able to play a game other than slot machines. Once again, you can play all the games at the casino if they are not restricted for this bonus. But only the slot machine wagers will contribute towards the requirement. All other games will contribute much less or none. So, until the wagering is complete, slots will be your best friend.
  • There may be a time limit to complete the rollover, i.e. 30 days. If you fail to complete it within this period, your bonus will be deleted from your account automatically.

Note that this is general information about wagering requirements: Some casino sites may apply them differently or include additional terms. For example, we have seen online casinos that ask you to wager the total deposit amount + bonus, instead of the bonus only. Carefully read the bonus terms to see what the deal is.

Important Casino Bonus Tips

For new players, it’s important that you understand a few things before you can redeem the bonus money. For those regular players who have never had the time to go through the bonus terms and conditions, these tips will also help you get the most out of the bonuses.

1. Always Read the Terms and Conditions.

If you are new to the industry, it’s highly recommended that you read the terms and conditions before you can claim any form of bonus money. Terms and Conditions usually spells out all you need to know about the bonus and therefore enabling you to plan accordingly towards settling the wagering requirements

2. Be Aware of the Wagering Requirements and Expiration Dates.

These are things that people most often ignore, only to regret later. Wagering requirements simply refer to the number of times you have to play through your bonus before redeeming it. It is the total amount of real money that you have to spend on the bonus before you can actually withdraw it or redeem it. For instance, a €10 bonus capped at a 35× wagering requirement can only be redeemed if you’ve spent €350 in real money.

Expiration dates refer to the dates when the bonus is set to expire. It’s normally included in the terms and conditions section.

These two are important as they enable you to evaluate whether or not the bonus amount is viable. For example, if you are awarded €50, and you have to meet a wagering requirement of 40× within 30 days, then this reward is not viable. It won’t make sense to spend €2,000 just to claim €50 in 30 days. It will, however, be viable if the wagering requirement is set at say 25×.

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