When was the last time you walked in to a Vegas casino and they offered you double your money without even making a bet? While this might seem like a crazy idea when it comes to land based casinos it is quite common at online casinos. All reputable online casinos will give you some sort of sign-up bonus when you open an account.
These bonus deals are a great way to get some extra cash before you even make a bet. Of course nothing in life is free so there are always some terms and conditions related to the bonus offers. This usually means you will have wagering requirements. This means that you must wager the bonus and often the deposit a certain amount of times before you can cash out any winnings. Still bonuses are a great way to try out several casinos and have a bigger bankroll. Below are the most common types of casino bonuses.
100% Match Bonuses
The most common type of online casino bonus is the 100% match bonus. As the name suggests you get a 100% bonus on your first deposit at the casino. Essentially you double your money before you even make a bet.
No Deposit Bonus
Just like the name suggests, this type of bonus does not require that you make a deposit to claim the bonus. These bonuses are usually quite small and between $5 and $25. In some cases the casinos set a maximum amount you can withdraw from a free chip.
Free Play Bonuses
These bonuses are a more recent development. They give you a big amount of free credits and you get a certain amount of time to play and win as much as you can. The catch is that you can only keep a small part of any winnings.
Again the name tells the story here. These bonuses are available to be claimed every month compared to a sign up bonus which can only be claimed once. Monthly bonuses are not as common as the other bonus types.
Comps and VIP Bonuses
These bonuses are reserved for regular players at the casinos. The more you play the more bonuses you will be offered. Regular players quite commonly get exclusive offers and bonuses that are tailored to the games you like.