Casino bonus types
There are many ways you can benefit from your deposits, or just from the simple process of signing up. We usually separate three different bonus types: money bonuses, freebies, and physical bonuses.
Let’s take a look at the money bonuses first, because this is the most regular type of bonus you get. This is the simplest way to boost your bankroll, and the since the Verveinc Gaming approved online casinos grant some extra for almost every deposit you make. Here are the most regular deposit money bonuses:
- Welcome bonuses: the casinos always welcome new players. If you are a fresh player you will have to choose a good casino (check our NZ casino reviews!) and make your first deposit. The welcome deposit bonuses are always different. You can receive a one-time 100% match on your first deposit: you pay $50, and you get $50, so you start with a $100 bankroll. There are also multi-deposit welcome bonuses: we have seen casinos which give over $1600 bonus throughout the first four deposits with 100%-25% matches.
- Re-load bonuses: if you are done with the welcome package and you feel satisfied, you might like to play more. There is hardly any casino out there which doesn’t offer you some bonuses on further deposits. This kind of deposit bonuses are usually in the 75-10% range and can add some fine amounts to your bankroll. You should check the promotion pages regularly, because when you reload, you may use bonus codes in order to receive something extra.
- Other bonus money: there are two more ways you could get some bonus money. The first is to convert your loyalty points into bonus cash. In most cases, 1000 points worth 1 dollar (though you’ve wagered $1000 to get those points) and they let you convert points only in a 5000 increment. Well, that’s still $5 bonus, which you can turn into real money if you play it right. The other source for bonus money is the free spins winnings. When you receive free spins in a casino, the winnings you made from them go to your bonus balance. You can use it in the pokies which are the bonus is eligible for, but that’s won’t be an issue right.
Now, let us talk about the freebies next. There aren’t many freebies in the online casino world, but you can get lots of free spins if you join a good casino. The free spins are available in two ways: as no deposit bonuses (with wagering requirements on the winnings, and a deposit is needed to be able to withdraw) and as deposit extras, when you use the bonus code.
Microgaming, NetEnt, and Playtech casinos all grant the players different promotions, you just have to find the code and enter it when you try to make a deposit. The casinos offer usually 10-25 free spins on deposits.
However, we have seen better: a casino offered 100 free spins on Starburst as part of the welcome package – it granted 25 free spins for the first four deposits of a new player.
There are casinos which grant physical rewards, usually for their high rollers and VIPs. These physical rewards are often different gadgets, invitations, and tickets, but sometimes they are exclusive cruises or even cars.
How to claim the bonuses
Taking the bonuses is quite simple: when you deposit, you will see a pop-up notification where you have to accept it. if you use a code, enter it when you made the deposit, and after the transaction finishes, you should get a notification about it. The money you made from the bonuses is considered as a bonus, so you will have to meet the requirements in order to unlock the winnings.
Unlocking those winnings for withdrawal
You can always turn online casino bonuses into real money when you know how to deposit and withdraw money from casinos.. You can withdraw the bonus and the winnings made from it if you meet the wagering requirements. In every casino, the unlock requirement is to wager the bonus’s amount X times.
Microgaming casinos, for example, require you to wager the bonus 40 times, while Playtech casinos have different wagering requirements (e.g. bonus + deposit 12 times, or winnings made from free spins 15 times).
When you join an online casino, you have to take a look at the wagering requirements and on which games are the best for them. Quite strangely (and sadly) 99% of the online casino bonuses are designed for pokies only: these games (slots) contribute 100% to the play-through requirement, while other games like blackjack and roulette are either excluded or count at a 0-5%.
When it comes to free spins, the winnings made from them are unlockable only on the featured game. Also, the time you have to meet these requirements is different from casino to the casino: while a few of them lets you enjoy your bonuses for 30 days, others will set up a 7 days’ limit.
When you have met the wagering requirements, all winnings made from the bonus and the free spins will be accessible for withdrawal. However, you should pay close attention to your bankroll, because the games always use your real money balance first, and if you can’t keep up after the bonuses are taken away, you may be left with a low bankroll.
As you have read in this bonuses explained guide, there are many ways to get more money out of the casino than what you paid. If you are a clever player, you will have no problems with playing at the top online casinos and in unlocking your bonuses.
Pick a great online casino from the ones we’ve reviewed and enjoy their neat games and hot bonuses!