When you join an online casino, the chances are that you will receive a welcome bonus of some description. These bonuses will vary depending on where you go, and what is on offer can provide you with an entirely different experience as a result. For that reason, it is important that you know what the most common types of bonuses happen to be and what each one involves.
That way, you can make an informed decision about which is the best one for you and get your online casino experience off to the best start possible.
#1 A deposit match bonus
This is the most common type of welcome bonus, and it simply involves the casino matching a certain percentage of your first deposit. This is typically 100% but could be as much as 200% for some offers. Some deposit match bonuses will extend beyond your initial deposit and apply to your second and third as well, although these will not usually be at 100%.
Deposit matches will normally come with wagering requirements you need to meet before any of those bonus funds can be withdrawn. So, it is advisable, as with all things, that you check the terms and conditions before proceeding.
#2 Free spins
Almost as common as deposit matches are free spins and, as you will see at sites like https://www.privecity.com/en-ca/casino-games, the two are often combined to create a welcome package. As the name suggests, free spins are free wagers on slots in the casino’s game roster, the value of which will be defined in the T&Cs. These might be awarded all in one go or incrementally as you log in each day.
Sometimes, free spins will have to be used on a nominated slot, or you may have to use them all by a certain date. Again, you will need to read the T&Cs so you know what rules apply to any winnings from your free spins. Free spins are always popular with players as they give you the chance to try some of the games out at no financial risk.
#3 Refunded losses
Because online slots and casino games, in general, are so popular, it means that all types of players are attracted, including those who would normally be quite risk-averse. Players that fall into this category will be attracted to this type of bonus, which would typically refund any net losses for your first 24 hours playing onsite.
For example, if you deposit a total of $50 and you end the day with a balance of $20, $30 will be refunded to your account. This type of bonus is not as common as either deposit matches or free spins but can offer an extra level of reassurance for any players who are a little nervous about getting involved for the first time.
Welcome bonuses can all look very attractive when you are looking at online casinos, but picking the right one for your playing style is important. You might value the chance of using free spins to check out what is available or having the safety net of knowing that your net losses will be refunded. On the other hand, you might be attracted to the idea of starting your online casino experience with an increased starting balance.