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Online Bonus Types

At Social Casinos we ensure that all the casino bonuses we offer you are legitimate and from reputable online casinos. The majority of online casinos offer 4 types of welcome (sign up) bonuses; no deposit, percentage match, sticky and recently free time and starting balance bonus.

 

Match Bonus

Percentage Match Bonuses are the most frequent and common kind of bonus offered by online casinos. With match bonuses the online casino manages to reduce their risk with giving out free money. With this kind of bonus the player is required to make a deposit, fulfill the wagering requirements and in return the player gets free money. The free money from the casino matches a percentage of your deposit. The most common match bonuses are 100% but online casinos do offer anything from 50% to 300%. Here are some examples of percentage match bonuses.

  • 50% Match Bonus – players get 50% of their deposit added to their bankroll. E.g. if you deposited $500 you would get $250 for free to play with and your total bankroll to play with would be $750.
  • 100% Match Bonus – players get 100% of their deposit up to a certain point added to their bankroll. E.g. 100% match bonus up to $300. If you deposited $200 you´d get an additional $200 free. If you deposited $300 you´d get an additional $300 for free. If you deposited $500 you´d still get an additional $300 for free as the bonus is capped at $300.
  • 200% Match or Higher Bonuses – These are rare as these bonuses are very risky for online casinos. The bonuses tend to be smaller with very strict wagering requirements.

No Deposit Bonuses

Online casinos rarely offer no deposit bonuses as these bonuses tend to be abused by players. The aim of these types of bonuses is to target players that are too scared to make a deposit at the casino. Upon registering a new account the online casino deposits free money into your account without you have to make a deposit. The most common amounts you´ll find for no deposit bonuses are $10, $15 or $25. The wagering requirements tend to be a lot higher on these bonuses to reduce the online casino´s risk.

 

Sticky Bonus

Is often advertised as a match bonus as they are similar. However the player can never withdraw the actual bonus even when the wagering requirements are met.

 

Free Time and starting Balance

Microgaming casinos have started to offer free time and free starting balance bonuses. The player is given a specified amount of credits for a specified time period. When the time is up all money above the initial amount given is seen as winnings. However to withdraw the money players need to make a deposit and meet the wagering requirements.

 

Monthly / Weekly Bonuses

Similar to welcome match bonuses except for existing players. Players make a deposit, fulfill the wagering requirements and in return gets free money based on a percentage up to a certain amount. In the case of it being a monthly bonus players can only qualify for this bonus once a month.

 

Banking Bonuses

The aim of these bonuses is to get players to use a specific payment option instead of credit cards. The regular banking bonus used is an additional percentage bonus. New players can often get a welcome match bonus as well as a banking bonus on their first deposit. Be sure to check the terms and conditions though.

 

High Roller Bonuses

High roller bonuses are offered to players who want to make a large first deposit. The bonuses tend to be 40 – 50% of the original deposit amount.

 

Refer a Friend Bonuses

Many online casinos offer a Refer a friend bonus. Players are given a bonus for a friend they have referred that creates a real money account (i.e. they have deposited money and played). The bonuses are usually between $20 and $100 per friend and tend to be free casino credits that get added to your account. The terms and conditions will specify the player must be new to the casino and what amount they need to deposit.

 

Loyalty Rewards Bonuses

Loyalty bonuses tend to have fewer conditions attached, are offered to regular and valued long term players and are similar to monthly match bonuses. Their aim is to enhance the players experience at the online casino and to build loyalty to their casino. These bonuses tend to be invite only. If you´re a high-roller (depositing on average $10,000 per month) definitly look around for the online casinos that offer loyalty bonuses.

 

What to be aware of when looking at bonuses:

  1. Makes sure you check out the wagering requirements (total number of bets) you need to make before you can withdraw your cash.
  2. Casinos often specify which games will and won´t contribute to the wagering
  3. If the bonus sounds too good to be true it probably is. Be wary of a casino offering more than 500% match bonus.
  4. Take note of the bonuses and online casino´s terms and conditions.
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