In this article, we will discuss the types of bonuses and what to pay attention to when choosing bonuses.
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Types of Casino Bonuses
Welcome Bonus
This bonus is available to new casino users and often comes with quite favorable conditions. Typically, users are offered 100% discounts up to €100 or more. This means you can play with twice the amount you deposited.
Usually, the wagering requirement for this type of discount is 35x, but it can vary depending on the casino. Betsafe often offers “Welcome Bonuses” with a 10x or 20x wagering requirement.
Reload Bonus
This discount is available to all casino users. Often, online casinos offer the opportunity to use a “Reload Bonus” once a week or month and get a 50% or smaller discount up to €100.
Reload Bonuses usually have the same or slightly higher wagering requirements as Welcome Bonuses.
Free Spins
Modern online casinos like to offer discounts in the form of free spins. Usually, you need to make a deposit or wager a certain amount in the casino to receive them.
Typically, winnings from free spins are subject to a 35x wagering requirement. However, some casinos pay out winnings from free spins without any wagering requirement, so it's essential to read the bonus terms first.
Cashback Bonus
This type of discount gives players a chance to recover a portion of their lost money. Usually, users can recover up to 10% of the lost amount up to €100 each week.
Typically, no wagering requirements are applied to received Cashback money, and they can be withdrawn immediately.
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Loyalty Bonuses for Visitors
Long-term casino users are offered loyalty bonuses. They can be provided in various forms – cash, bonus money, free spins, items, etc.
To receive these types of bonuses, you need to accumulate casino points, which can later be cashed out.
No Deposit Bonus
Some online casinos offer no deposit bonuses to attract new players. They are usually provided in the form of free spins or bonus balance up to €10.
To withdraw the money, you usually need to wager the given balance at least 50x. It is worth mentioning that the conditions of this type of bonus are often misleading, and no deposit bonuses are currently not available to users from Lithuania.
Referral Bonus
If you collaborate with a casino (affiliation), it may offer you special discounts. For example, discount codes for deposits or better bonus wagering conditions. Referral bonuses are also often offered by companies to their employees.
Exclusive Bonuses
This type of bonus is usually provided either on a special occasion (e.g., birthday) or if you are a special client.
Exclusive bonuses can be provided in various forms (free spins, cash, discount codes, etc.).
Types of Bonuses – What to Pay Attention to When Choosing a Bonus?
- Wagering Requirement – almost all casino discounts have a wagering requirement that you must meet before withdrawing money. Typically, this requirement is 35x, but it can vary depending on the casino. Naturally, the lower the wagering requirement, the better for the player. Avoid discounts that require wagering both the deposit and the bonus balance. In such cases, the total wagering requirement can reach 60x, and you will have very little chance of meeting it.
- Condition Fulfillment Period – all bonuses have a set period within which you must meet their conditions. If you fail to do so, the entire balance in your account may be canceled. Usually, this period ranges from a week to a month, and it is best if it is as long as possible.
- Maximum Bet Amount – when meeting wagering requirements, most casinos apply maximum bet limits. Typically, this limit is €5. If you place bets of higher value, your account and the money in it may be liquidated.
- Available Games – some casinos do not allow wagering requirements to be met in certain games. Before playing, make sure that your desired game is not on that list.
- Sticky or Non-Sticky Bonus – currently, No Sticky bonuses are especially popular. Their advantage is that the bonus and real money balances are separated. First, you play with the real money balance, and if you do not start using the bonus money, you can cancel the bonus at any time.
