Bonuses and Promotions are important aspects of online casinos and sportsbooks. These perks are one of the features that entice the players to create a betting account on the online gambling platform.
These offerings vary from site to site but their purpose and format are all similar. Today, we will discuss the basic types of casino bonuses and promotions.
Welcome Bonus
Welcome bonus is the main type of bonus that most betting platforms offer first to the punters. It is hard to imagine an online casino singapore site that is not offering a welcome bonus.
The basics of the welcome bonus are that it is typically offered to players who are new to the site. The purpose of this type of offer is to serve as a welcome gift by providing the bettor with extra money when they place an initial deposit.
No Deposit Bonuses
No deposit bonuses, as the name suggests, are the type of bonus that requires no deposit. The amount will go directly to the bettor’s bankroll once they create an account on the site.
The no deposit bonus is similar to the aforementioned bonus above in a way but the only difference is that welcome bonuses can be used on any casino game but the no deposit bonus is only applicable to a certain game such as slots.
Referral Bonus
Next to the welcome bonus, the referral bonus is also a very direct form of an online casino bonus. The referral bonus is a reward given to the players who have referred a friend to sign up for an account on the site.
Fixed-Rate Bonus
The fixed-rate bonus is a type of online casino bonus that is also designed to entice new players to sign up for an account. A fixed-rate bonus allows players to wager a deposit with a fixed amount.
Cashbacks
Cashbacks are the type of casino bonuses that are designed for players who are always on a losing streak whenever they play a casino game on the site. The basics of this casino bonus is to let the players win back their bets by receiving them as a bonus every time they lose.
The cashbacks or rebates can be received monthly or weekly depending on the casino. In some casino sites, a point will be given every time they lose, then the points will accumulate over the time. Then the accumulated points will be converted to real money and can be cashed out on the accredited e-wallet.
Reload Bonuses
While the welcome bonus is only for the players who have signed up for an account, reload bonuses are available for players who already have a betting account on the site and have been playing for a long time.
The reload bonus allows players to receive payouts every time they are placing a deposit. However, online casinos impose a limit of some sort so that the casinos will not be taken advantage of. Some sites impose a limit on the amount while some have a duration limit where the promo will take effect.
Loyalty or VIP Bonuses
Loyalty or VIP bonus is the most special form of casino bonus. While the other bonuses are open to all types of players, loyalty bonuses are only being offered to a few.
Loyalty bonuses are the type of bonuses that are being granted to loyal customers who have been playing on the site for a long time. Meanwhile, VIP bonuses are special perks that are being given to high-rollers or players who deposit huge money on the site.
VIP bonuses could be anything from gift certificates, to birthday bonuses, and other special perks that are exclusive in nature.
Conclusion
The bonuses are one of the aspects of casino betting that are important in maintaining the players in the online casino. While casino bonuses vary from site to site you must know these categories so that you will know how to take advantage of them.
