When you are looking to play slots at an online casino you should check to see what bonuses each casino offers. There are many different types of bonus offered by web based casinos. You will not find these bonuses at land based casinos. Most online casinos will have daily, weekly, monthly and weekend bonuses as well as loyalty bonuses if you are a regular player. The most common types of bonuses are the sign up bonus, the match bonus and the “refer a friend” bonus.
Traditional brick and mortar casinos cannot compete with internet casinos when it comes to bonuses. The large overhead of a Las Vegas casino has to be paid for by someone! Online casinos have very low overhead and do not have geographic obstacles preventing their players from leaving and heading to another casino. They must offer more than the competition to their players. You can take advantage of this competition by shopping for the best online casino bonuses.
The sign up bonus is offered by online casinos in order to bring in new players. This is usually a match on your initial deposit. The match will be somewhere between 10% and 100%. So, for every $100 you deposit you will be credited between $110 and $200 depending on the casino that you are playing at. There is however a catch. The bonus money is credited as bonus points and held separately until you meet the conditions for withdrawal. You can’t withdraw the bonus points until you have wagered a predetermined amount of money. Normally online casinos require that you wager at least ten times the bonus point amount before you are credited as cash. This is easier than it sounds. The procedure is really in place just to make sure players don’t take the bonus and walk away with the casinos money.
Match bonuses work just like sign up bonuses but they are offered to existing players. They are usually smaller than sign up bonuses, around 10% to 25%, but require less wagering to convert your bonus points into online casino credits. These online casino bonuses are usually tied to slow times of the week and are a great way to bring in extra business. An example would be 25% reload bonuses offered only on Tuesdays.
Refer a friend bonuses are exactly what they sound like. You will receive a bonus if you refer someone to the casino and they set up a real money account. They will have to deposit a certain amount of money which is usually around $50. You have to make sure that they use the code given to you by the casino when they sign up. If you try to go back to the casino after they have set up the account it will be very difficult to get your bonus.
Although these bonuses are similar from casino to casino they are not all the same. It is important that you read the fine print in order to get the most from your bonuses.