Online Casino Bonuses Explained – Bonus Types

Casino Bonus Offers Types

Different Types of Online Casino Bonuses

Online casino bonuses come in all different shapes and sizes. This guide explains all the main types of casino bonus offers you will come across when playing online casinos and what to look out for.

First Things First – Wagering Requirements

Before you go any further, you need to understand what ‘Wagering Requirements’ are. This is the most important aspect associated with collecting any type of casino bonus.

Bookmakers can’t simply give away free money to all and sundry, that would be a crazy business model doomed for failure. That’s why there is always some terms and conditions attached, in other words, hoops to jump through.

In the case of casino bonus bagging, there are almost always a wagering (or turnover) requirement which specifies how many times you need to have wagered your combined deposit & bonus amounts before you can withdraw any of your funds. This can be anything fro, 10x to 75x or even greater. Always look for the casino bonus offers that come with lower requirements and bypass the ridiculously high ones. There’s plenty to choose from.

So for example, if you want to claim the full amount with a typical new customer offer giving you a 100% bonus of your first deposit up to £50, you deposit £50 and receive a £50 bonus making £100 in total. If the wagering requirement is 10x then you would need to wager 10x £100 = £1,000 in total to complete the wagering requirement.

Therefore your first objective is to try to reach the turnover requirement without going broke!

Welcome Bonus

The welcome bonus is the most common type of bonuses offered by online casinos. Also known as new player bonuses, first deposit bonuses, and sign up bonuses they are usually offered as a 100% match up to a specified sum.

For example, if the casino offers a 100% welcome bonus up to £100 (or Euros). If you deposit the full £100, you will receive the maximum £100 bonus, giving you a total of £200 to play with. In this example, the wagering requirement is 20x but on the bonus amount only. So 20x£100 = £2000 play-through total.

It’s important to check through the offers key terms & conditions before you enter any online betting promotion. Some casino bonus offers can be bewildering and other promo offers will ask you to do too much.

Be warned though that some online casino bonuses have become very complicated (and there is a lot of dross out there) and some come with very large wagering requirements so we advise you not to accept a bonus offer if you don’t necessarily have to and especially if the terms seem unfavourable.

No Deposit Casino Bonus

These types of casino bonuses are extremely popular for the simple and obvious reason… no deposit of any kind has to be made into the casino before you can start playing.

A no deposit bonus gives you some free casino play to try out a particular casino, although there’s likely to be some wagering requirements associated with any winnings made from your free play. That’s not always the case though, there are some no deposit bonuses that allow you to keep any winnings as cash with no wagering requirement such as the Betfair free spins welcome offer which is detailed further below.

You will usually have to register a payment method for security reasons in order to collect your casino bonus or free spins but no actual funds will be taken. Sites such as nodepositcasino.com keep an updated list of all the best no deposit casino bonuses along with clear instructions on how to claim them. An invaluable tool.

Loyalty Bonuses

Casino loyalty bonuses can be earned through regular play at a specific casino who offer such bonuses at their discretion to keep their existing customers happy and usually come with less stringent conditions.

Once you meet their required criteria which your bonus will be awarded However, many online casinos do not actually publicise data regarding how their loyalty bonuses work and they are usually given out only to frequent players, high rollers, and valued regulars.

Monthly Bonuses

To keep you coming back many online casinos offer regular monthly bonuses which will be based on your activity.

Deposit Bonuses

The deposit bonus or match bonus is the most common type of online casino incentive. It is distributed as a proportion of the players’ deposits.

A 100 percent match or deposit bonus of up to $100, for example, means that a player’s deposit amounts will be multiplied up to $100. As with any casino bonus offer it’s vital to check the offer terms for any wagering requirements – if you make a withdrawal before wagering is met your could forfeit your bonus.

Payment Method Bonus

A payment method bonus is a type of incentive that is handed out on deposits made with specific payment methods. The most frequent type of payment method bonus is a 10% or 15% bonus on deposits made with Neteller, Skrill, PayPal, and other similar services.

With some offshore US-facing sportsbooks cryptocurrencies such as Bitcoin are prefered and players are often afforded much bigger bonuses if they deposit using this payment method.

High Roller Casino Bonuses

Some online casinos try to entice the big spending ‘high rollers’. These are customers who will make much larger deposits and, as a result, play more. Often referred to as VIPs or whales, these players are rewarded with larger bonuses for making larger deposits.

A simple 100% welcome bonus up to £100 will not appeal to a high roller therefore casinos will also offer an alternative high roller welcome bonus which require bigger deposits. VIPs will often get access to other perks such as free tickets to sporting events.

VIP status is usually given on a case-by-case basis depending on your activity at a particular casino.

Free Spins Bonus

Free spins are another popular welcome offer often bundled in with a new customer bonus or first deposit bonus. Some casino sites will even offer some no deposit free spins allowing you to play some free real money spins without having to deposit any funds. Sometimes any winnings are yours to keep but somethings they come with wagering requirements so be sure to check the terms and conditions before taking up the offer.

Right now, Betfair offers 50 totally free spins to all their new casino customers. Any winnings will be transferred to your main balance upon completion of the free spins.

How to claim:

  1. Join Betfair
  2. Opt In with promotion code CASF51
  3. Verify your phone number
  4. Get your reward
  5. Use your reward

Refer a Friend Casino Bonus

The “Refer a Friend” casino bonus is a promotional offer that rewards you for referring new players to a casino using your referral link or email.

Conclusion

One of the best things about online casinos is how easy it is to claim a huge variety of bonuses and freebies.

Everywhere you look, there is a casino bonus just waiting to be claimed. However, not all bonuses are equal, and you need to be able to distinguish between good and bad offers.

In summary our advice would be not to take on too many offers at once, as it can lead to mistakes, but the amount you play will generally dictate how many bonuses you can collect.

Take your time, especially if you are new to online casinos, to carefully read the terms & conditions so that you’re aware of any wagering requirements and you fully understand what you have to do in order to collect the bonus and withdraw funds.


Latest related offers

bet365’s ITV Racing 4/1 Offer

Expires: N/A
ITV Racing 4/1 Offer
Back a winner at 4/1 or more and get a risk free bet on the next live ITV race (up to £50) at bet365.
Offer applies to first single bet placed. Applies to Win and Each-Way Fixed Odds markets and Enhanced Place Terms markets only. Bet restrictions and T&Cs apply. New and eligible customers only.

18+ only /BeGambleAware/ Bet Responsibly. This is an advertisement.

bet365 Horse Racing Betting Offers

Available to all new and eligible bet365 customers…

bet365 Horse Racing Betting Offers

Available to all new and eligible bet365 customers…

How it works:

  1. Place a Win or Each Way single bet at odds of 4/1 or more on any horse running in a race televised live on ITV Racing.
  2. If your first single bet on that race wins, you will qualify for a risk free bet to the same stake (up to £50*) on the next race broadcast live on ITV Racing.
  3. Place your risk free bet using existing funds and if the bet loses we will refund your stake (up to £50*).
  4. If your risk free bet also wins at odds of 4/1 or more, you qualify for a risk free bet on the next race televised live on ITV Racing.
    *or currency equivalent
Significant Terms and Conditions
  • This offer is only available to new and eligible customers.
  • This offer applies to the FIRST single bet placed by a customer on each race shown live on ITV Racing.
  • This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent risk free bet amount will be equal to the remaining active stake.
  • If a qualifying bet is edited using our Edit Bet feature, any refund amount will be equal to the new stake and not the original stake. Where a risk free bet is changed using Edit Bet, no refund will be given and the offer will no longer apply.
  • Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip.
  • Offer applies to bets placed on Win and Each Way Fixed Odds markets and Enhanced Place Terms markets only. All other markets, including adjusted place terms (Each Way Extra), Ante-Post bets and Tote/Pari-Mutuel/Colossus (bets and dividends), are excluded from this offer.
  • Bets must be placed in the usual way and can be paid for from either your Withdrawable Balance or Bet Credits. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credits will be refunded as Bet Credits.
Full Terms and Conditions
Qualifying
  1. This offer is only available to new and eligible customers. You can see a full list of your available offers by logging in and selecting the Offers section on mobile or the Promotions section on desktop. bet365 maintains a record of customer contact in relation to eligibility for offers and this record, including the date and time of any restrictions being imposed, will be final in the event of any dispute.
  2. Offer applies to the FIRST single bet placed by a customer on each race broadcast live on ITV Racing following the final declarations. Where more than one selection in the same race is placed on the same bet slip, the first selection is deemed to be the one which is highest on the bet slip. Offer applies to bets placed on Win and Each Way Fixed Odds markets and Enhanced Place Terms markets only.
  3. Maximum risk free bet amount is £50* per customer, per race. Risk free bet winnings exclude stake. Bets must be placed in the usual way and can be paid for from either your Withdrawable Balance or Bet Credits. If your risk free bet loses, your stake will be refunded to your account within one hour of the race finishing. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed with Bet Credits will be refunded as Bet Credits.
  4. In the event of ITV Racing not showing all races live, risk free bets will stand as per the bet365 ITV Racing 4/1 Offer Race Schedule advertised on site.
  5. If you back the winner of the last ITV Racing 4/1 Offer Race on any day, your risk free bet will be the first bet you place on the next ITV Racing 4/1 Offer Race to take place.
  6. If you are entitled to a risk free bet and ITV Racing broadcast an additional race then this will be added to the ITV Racing 4/1 Offer Race Schedule, so your risk free bet will be the first bet you place on this race.
Restrictions
  1. Adjusted place terms (Each Way Extra), Ante-Post bets and Tote/Pari-Mutuel/Colossus (bets and dividends), are excluded from this offer.
  2. Adjusted place terms (Each Way Extra) markets refers to prices which do not match the Win and Each Way market displayed in the Fixed Odds tab on the racecard, either because the price has been taken from the Each Way Extra tab or the place terms for the bet have been adjusted via the bet slip. Bets placed at such terms will not count for this offer.
  3. The 4/1 limit refers to the adjusted odds after any dead-heat, Rule 4 or unnamed joint/co-favourite. If your risk free bet is an Each Way selection that is placed, and the return on the bet is less than the total stake, we will refund the difference between your return and the total stake. If your return is greater than the total stake then no refund will be given.
  4. This offer only includes races broadcast on ITV Racing unless otherwise stated by bet365.
  5. This offer only applies to bets placed via mobile, tablet or desktop. Bets placed using our Telephone Betting service will not qualify for this offer.
  6. Where you are unable to place the maximum risk free bet amount due to restrictions on your bet, we will credit the difference between the maximum risk free bet returns and your actual returns.
  7. This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, any refund amount or subsequent risk free bet amount will be equal to the remaining active stake.
  8. If a qualifying bet is edited using our Edit Bet feature, any refund amount will be equal to the new stake and not the original stake. Where a risk free bet is changed using Edit Bet, no refund will be given and the offer will no longer apply.
  9. This offer is only available to customers residing in Great Britain and Republic of Ireland.
General
  1. Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to enhanced payments, Free Bets, risk free bets, Bet Credits or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, bet365 may reclaim the enhanced payment, Free Bet, risk free bet or Bet Credit element of such offers and/or void any bet funded by the Free Bet or Bet Credits. In addition, where there is evidence of such activity, bet365 may levy an administration charge on the customer up to the value of the Bet Credits, Free Bet, risk free bet or enhanced payment towards the administrative costs incurred in identifying and taking action against the activity.
  2. bet365 may reclaim any bonus amount, Free Bets, Bet Credits or enhanced payments that have been awarded in error.
  3. All customer offers are limited to one per person. If bet365 has reasonable grounds to suspect that the bonus or offer is being claimed by or for the benefit of the same person more than once or by a group of people then it may withdraw the availability of any offer or all offers to that customer or group of customers and/or void any bet funded by the bonus or offer and remove any winnings from such bet.
  4. bet365 may, at any time, make minor amendments to this promotion to correct typographical errors or to improve on clarity or customer experience and may cancel this promotion for legal or regulatory reasons.
  5. Employees, officers and directors of bet365, its promotional or other agencies, licensees and licensors, service providers and any other associated or affiliated companies shall not be eligible for the promotion. The same terms shall apply to the direct families of such persons. This is an advertisement

This is an advertisement.

Please gamble responsibly www.begambleaware.org

bet365 Bore Draw Moneyback

Expires: N/A
T&Cs apply 18+ Only /BeGambleAware

bet365 Betting Offer

NEW AND ELIGIBLE CUSTOMERS ONLY

bet365 Betting Offer

NEW AND ELIGIBLE CUSTOMERS ONLY

Significant Terms and Conditions

  • This offer is only available to new and eligible customers.
  • This offer is available pre-match on every game for Half Time/Full Time, all Correct Score and all Scorecast markets. If the game finishes 0-0, we will refund your stake if the bet loses.
  • Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credits will be refunded as Bet Credits.
  • This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, and the match finishes 0-0, only the remaining active stake will be refunded.
  • If a qualifying bet is edited using our Edit Bet feature prior to kick-off and the match finishes 0-0, only the new stake will be refunded. Where a bet has been edited to include or amend a selection for an event that is In-Play, the offer will no longer apply.

Full Terms and Conditions

Qualifying

  1. This offer is only available to new and eligible customers. You can see a full list of your available offers by logging in and selecting the Offers section on mobile or the Promotions section on desktop. bet365 maintains a record of customer contact in relation to eligibility for offers and this record, including the date and time of any restrictions being imposed, will be final in the event of any dispute.
  2. This offer is available pre-match on every game for Half Time/Full Time, all Correct Score and all Scorecast markets. If the game finishes 0-0, we will refund your stake if the bet loses.
  3. In multiple bets the selection will be treated as a non-runner.
  4. Where this offer is applied in conjunction with a Bet Builder bet, and the match finishes 0-0, the stake of the Bet Builder bet will be refunded if one of the selections in the bet is a Correct Score or Half Time/Full Time market.
  5. Bets placed from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credits will be refunded as Bet Credits.

Restrictions

  1. This offer will not apply where a stake has been fully Cashed Out. Where a stake has been partially Cashed Out, and the match finishes 0-0, only the remaining active stake will be refunded.
  2. If a qualifying bet is edited using our Edit Bet feature prior to kick-off and the match finishes 0-0, only the new stake will be refunded. Where a bet has been edited to include or amend a selection for an event that is In-Play, the offer will no longer apply.

General

  1. Where any term of the offer or promotion is breached or there is any evidence of a series of bets placed by a customer or group of customers, which due to enhanced payments, Free Bets, risk free bets, Bet Credits or any other promotional offer results in guaranteed customer profits irrespective of the outcome, whether individually or as part of a group, bet365 may reclaim the enhanced payment, Free Bet, risk free bet or Bet Credit element of such offers and/or void any bet funded by the Free Bet or Bet Credits. In addition, where there is evidence of such activity, bet365 may levy an administration charge on the customer up to the value of the Bet Credits, Free Bet, risk free bet or enhanced payment towards the administrative costs incurred in identifying and taking action against the activity.
  2. bet365 may reclaim any bonus amount, Free Bets, Bet Credits or enhanced payments that have been awarded in error.
  3. bet365 may, at any time, make minor amendments to this promotion to correct typographical errors or to improve on clarity or customer experience and may cancel this promotion for legal or regulatory reasons.
  4. Employees, officers and directors of bet365, its promotional or other agencies, licensees and licensors, service providers and any other associated or affiliated companies shall not be eligible for the promotion. The same terms shall apply to the direct families of such persons.

Please gamble responsibly www.begambleaware.org