Top Types of Casino Bonuses Every Player Should Know About

Casino promotions are incredibly common, and they can be incredibly useful in certain instances. Now, if you are someone who just got their feet wet in casino gaming, you might not be aware of all the types of casino bonuses out there. An inexperienced player might go for what’s seemingly a great deal only to find themselves missing out on a really valuable promo. But this rookie mistake can be avoided.

First thing you need to know is that the bonus terms are very similar across the board and only differ in a few aspects. So, when you make an account at the best Irish online casinos, take some time to go over the promo details to find which one has the best overall value. The reason this is important is that only one offer can be active at a time. We’ll go over the different types of casino bonuses to help you understand what to expect from each, and what terms of use caveats you need to look out for.

Welcome Bonuses 

A welcome bonus is the main selling point of any gambling site. It can only be claimed once, and it usually grants a deposit match between 100%-300% on the first few payments. In other words, players will get a neat boost when signing up, and their game time can be extended significantly. 

However, these types of online casino bonuses tend to have heavy wagering requirements. So, it’s not realistically possible to turn that bonus money into withdrawable cash. In most cases, you’ll have to wager the bonus amount between 30 – 45 times. This means that even if you win, you’ll have to use those winnings to keep on gambling. On top of that, they have game restrictions or wagering contributions that are designed to pigeonhole you into playing slots.

No Deposit Bonuses

No deposit promos are in 90% of the time, the safest offer to claim, as they don’t require any payment. Now, in some cases, these promotions will be reserved only for paying customers. For example, players who deposited a certain amount the week prior, VIP members, or are a stage 5 of the welcome promo. However, because it’s free, the playthrough terms tend to be slightly higher compared to other promotions. Additionally, the bonus will likely have a maximum win clause that prevents players from winning more than a few dozen or a few hundred euros on a single spin or bet. 

Free Spins and Free Play

Free spins, chips, or bets are another very common type of casino bonus. They aren’t always a standalone incentive, though. More often than not, you’ll see free spins/bets bundled together with another deposit bonus, or used as a daily perk for VIP users. Now you’ll need to read the terms to find out how you can use these spins (eligible games), what the value of each spin is, and when they expire. Also, pay attention to how many times you’ll need to wager the winnings from these spins to clear the bonus terms.

Reload and Cashback Bonuses

Reload bonuses function like a sign-up offer. They give a match on your deposit, and come with playthrough terms. The difference is that reload promos are available once per day or week, and the match percentage is between 20%-50%. 

Cashback, on the other hand, can be a very useful type of online casino bonus. In essence, you get between 5%-10% of all weekly net losses credited back to your account. However, in many cases, cashback money comes at no or only 1x wagering requirements. 

Loyalty and VIP Rewards

Loyalty rewards are reserved for big or frequent spenders, and they tend to outvalue other available promos. As soon as someone becomes a VIP level, even at a lower loyalty tier, they get daily cash drops, a small cashback perk, and access to exclusive events. These benefits get better with each new tier you unlock, and new ones get added too. Account manager, higher withdrawal cap, cash out processing priority, and special or personalised rewards are some examples of VIP rewards reserved for upper-tier users.

Bonus Terms You Must Check

As stated, many offers will look appealing at face value, which is why paying attention to these terms.

• Rollover/Playthrough/Wagering terms – Learn how many times you need to wager your bonus amount before your winnings are eligible for withdrawal.

• Bonus expiration date – Find out how much time you have to complete the bonus terms before all the winnings are voided.

• Maximum bet and win – A bonus might restrict how much you can wager per bet when you use bonus funds, and how much you can win on each wager. Take these factors into consideration to avoid diminishing returns. 

• Eligible games – You can only spend bonus funds on games that are listed in the terms. If you don’t read this section, you’ll end up wagering real money on the wrong game. 

If you are okay with all of the listed terms, and you feel the offer is fair, then feel free to claim it.