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The online casino industry is growing at an exponential rate. Following in the footsteps of the offline industry, thousands of online casinos now open their doors to players across the world. All vying to attract players with the best mix of exciting games, brilliant usability and the very best casino bonuses. However, it’s fair to say that with this pace of innovation, the space has become crowded and hard to navigate for players.
In addition, the speed in which casinos have shifted to opening their doors online means the space has become incredibly competitive. Every online casino cares about attracting as many players as possible, and making sure that those players continue to come back time and time again. As a result, they focus on offering a combination of casino bonuses in the form of welcome bonuses and ongoing promotions. All geared to driving incredible value for players.
But how do you know which one to choose, and where to focus your gameplay?
Gambling Deals works to comprehensively review the online casino space, making sure you’re on top of all the best casino bonuses and welcome deals out there. We even cover cashback offers and deals for VIPs. Our detailed casino reviews assess a host of factors, including how a casino is regulated, what countries it operates in and importantly, what games are on offer to players. But above all else, we cover the casino bonuses and welcome deals that will get you interested in joining.
Before you dive in to a casino, we thought it would be a good idea to get you fully up to speed on the casino bonus space. Starting with the simple question, what is a casino bonus? And also, what are the different types of bonuses on offer? Check out our comprehensive review now to find out everything you need to know. That way, when you hit the casino and win big, you’ll know it won’t be a coincidence!
What is a Casino Bonus?
To keep it simple, there are two main types of casino bonus available to players. The welcome bonus and bonuses for existing players. Both types of bonus structure can take a host of different forms. For example, they could offer players a free bet, custom promotion or a cashback incentive. Essentially though, the main focus of a casino bonus is to provide additional funds to players that can wagered in the casino. Not bad eh? Especially if it enhances your ability to win.
The first type of bonus we mentioned was the ‘Welcome Bonus’ and comes in the form of a welcome incentive for new players joining the platform. This type of bonus can be incredible valuable and lucrative to players. It works by activating when a brand new player registers with a casino and meets the initial deposit criteria. The welcome bonus is usually very appealing to players as it acts as a way to differentiate the casino. It can also only every be used once, per player. This is because it’s a bonus only available when joining the casino for the first time.
The second type of bonus is an existing player bonus. The basic idea behind the concept is to provide loyal players with ongoing promotions that ensure they keep coming back to the casino. As mentioned, these bonuses come in the form of cashback or free bets. Players can even get upgraded to VIP status to unlock additional incentives. This type of ongoing bonus structure for existing players is a great way for casinos to stop their best players going elsewhere.
We now take a look at the different types of welcome bonuses available to players. There are a few things that crop up time and time again. Let’s guide you through what to look out for, and what the best way to join a casino is.
Matched Deposit Casino Bonus
Matched Deposit casino bonuses are one of the most common bonuses that a casino offers. They offer customers the ability to get additional funds to gamble, based on the value of their first deposit.
For example, a typical matched deposit might look like this. Get ‘100% deposit bonus up to £300’. In this instance, the casino will match your first deposit like-for-like providing that it does not exceed £300. If it does, your matched deposit will cap out at £300.
However, as we mentioned casinos are under pressure to offer new players the best value possible. As such, we’re now seeing casinos offer matched bonuses beyond 100%. Some even stretching to 300% or more. Taking the example above, if the bonus read ‘300% deposit bonus up to £300’, this means you’ll get £900 additional cash to wager if you deposit £300 when you join the casino. This is mega if you’re chasing a jackpot or want to try a host of new games.
Remember though, welcome bonuses are only available to brand new players. In addition, once you’ve used them, that’s it. They’re used. If you want to join a casino, but you’re waiting for the right welcome bonus, it’s a good idea to shop around using Gambling Deals.
No Deposit Bonus
Like a ‘Matched Deposit’ bonus, ‘No Deposit Bonus’ structures are only available to brand new casino players. They can also only ever be taken advantage of once.
No Deposit Bonuses are a rarer form of welcome bonus to a matched deposit. This is because they don’t require you to even make a deposit to take advantage. Sounds too good to be true eh? Essentially, by creating a new account with the casino, they casino will load you up with a new casino bonus to get your gameplay started. This is a great incentive for players who want to ‘try before they buy’. The only downside to this, is that because there is no commitment on your side, the bonuses on offer are somewhat small.
The type of No Deposit Bonus you might come across is ‘Sign up now and get £50 No Deposit’. This would give you £50 of gambling credits when you enter the virtual casino floor.
In our opinion, it makes sense to explore both types of welcome bonus on offer. However, if you want to maximise bang for your buck, then opt for a matched deposit. Aim to join casinos with high welcome bonus multiples so your money goes as far as possible. That way when you’re chasing jackpots, you increase your chances of hitting big.
The final type of bonus incentive to mention, is a free spin bonus. This type of bonus is commonly offered either on its own or combined with a welcome offer. Commonly, a matched deposit. For example, ‘Get 100% Matched Deposit up to £100 + 100 Free Spins’. This means that when you join the casino, you can also take advantage of a certain number of free spins to play on your favourite slot game.
As we’re sure you’ve noticed, the online slots space is absolutely exploding right now. Slot games are becoming incredibly popular and game developers are upping the stakes when it comes to producing amazing slot game content. This means casinos are more than happy to load you up with free spins to try them out, so that you can get a feel for what you like.
Make sure when you assess a free spins bonus, you check the Terms and Conditions of the offer carefully. Sometimes free spin offers are tied to certain slot games. This means that you can only use the spins on one particular slot. For example, Rainbow Riches. This isn’t a bad thing if you like the slot mentioned. However some players prefer to take their free spins around the casino floor.
Regardless, free spins are a great incentive. If you see a free spins offer, we would urge you to take advantage!
Casino Bonus Offers for Existing Players
One of the big things we always notice in the online casino space, is that casinos take care of their new players. However, it’s always a disappointment to see this come at the expense of their loyal, existing players. As such, we always take special care over finding casinos who offer existing players ongoing bonuses and promotions that will enhance their lifetime gameplay.
When you take advantage of a casino bonus, think about what matters to you. If you are happy to swap casinos often, taking advantage of welcome bonuses. Then this section won’t matter too much to you. However, if you’d rather find a casino that offers ongoing promotions and rewards loyalty. This is important stuff to take into consideration.
The main types of existing player bonuses and promotions come in a couple of different forms. Firstly, deposit re-loads. These occur when casinos match your recurring deposits sporadically as you play. E.g. deposit £50 and get another £50 re-load to play in the casino. The next type of bonus is offered in the form of casino cashback or a deposit refund. If you hit a losing month with the casino, you will get a percentage (or all) of your stake back in the form of cash. This is a great way for existing players to protect themselves when playing high-stakes. If you really start to show some loyalty, a casino is likely to invite you to their VIP programme. VIP programmes offer players the chance to play exclusive games and earn higher rewards, They even open the ability up to play for exclusive jackpots.
Take the time to read through our detailed casino reviews available throughout the site. At Gambling Deals, we review every casino that we list on our platform and include information on the types of bonuses they offer on sign up, and for existing players.
Likewise, if you want an amazing ongoing casino deal for life. Apply for Gambling Deals VIP PRO. Our VIP programme pays loyal players up to 20% cashback at their favourite casinos, for life. This means that if you end the month down, we will pay you up to 20% of your losing position back to your bank or e-wallet. This happens every month, and is available for life. Apply now!
That wraps up our review of the casino bonus space. Remember to always investigate what a casino is offering you before you sign up. Make sure to take advantage and use it as a means to fire you closer to that life-changing jackpot!