A Breakdown of the Different Types of Online Casino Bonuses

A Breakdown of the Different Types of Online Casino Bonuses

Casino icons for slot machines

Casinos are known to offer many enticing bonuses to new and regular players. In this article, we explain each type of bonus and the benefits they provide to a player. Learn about all the fun and great bonuses you should look out for!

Sign-up bonuses

Many virtual casinos offer substantial sign-up bonuses to encourage players to join their service. This type of bonus is also known as a welcome bonus, new player bonus, or first deposit bonus. This is typically a flat bonus that is available for you to use at the online casino. However, there are other types of sign-up bonuses that are on offer as well.

Free trial without cashing out

An online casino can offer this type of free bonus if you’re curious about the service. But, you’ll be unable to cash out any money that you win with this offer. This allows players to test out the experience. Unfortunately, minus the thrill of any real wins.

Matching deposit

Some digital casinos offer a matching bonus where they will match whatever deposit you make, within a certain range. For example, if you deposit $500, they will offer you $500 worth of credit for you to use at the casino.

No deposit with cashing out

Want to give the online casino games a trial run but still have a chance to win for free? Some sites allow you to try their games, without making a deposit and also let you keep anything you win. This online casino no deposit bonus is a good way to get a good feel for what the overall experience is like, without having to hand over any of your money.

Percentage deposit

Yellow Sticker with fifty percent discount

Yes, this is exactly what it sounds like. The casino will offer you a percentage of whatever you deposit as a bonus. For example, a 50% bonus offer means an extra $100 to play casino games online, if you deposit $200. As with many other incentives, there is usually a limit on what the casino will pay as a bonus.

General bonuses

Thankfully, new players aren’t the only ones who get rewarded for playing. Regular players are also offered incentives to keep on coming back to play, as well as other types of bonuses.

Cash-back

If you’re on a losing streak, some digital casinos offer the player a cash-back bonus. This is usually in the form of a percentage so that regular players don’t get hit as hard and lose interest in playing if they have a run of bad luck. 

However, it’s important to note that many casinos only offer this to players who run out of betting money. If you still have money to play with, the casino won’t send you a cash-back bonus.

High roller

Are you a player who regularly makes big deposits? Many virtual casinos offer these high rollers extra incentive to keep coming back. This could be a percentage bonus, a matching bonus, or even non-casino bonuses, such as tickets to an event. The type of rewards you will receive depends on the casino and how much you spend with them.

Loyalty

Close up of man hand holding a smartphone with Crown Icon

If you don’t have deep pockets, but regularly deposit money, and have played at a site for a long time, the casino is likely to offer you a loyalty bonus. Again, this might be in the form of a percentage or matching bonus, or it might be a fixed value bonus that is deposited into your casino account. 

Some casinos offer you long-term incentive structures, based on how long you’ve played, with increasing bonuses as time goes on. For example, by playing for a certain period of time and depositing a certain amount, you may be able to achieve VIP status and unlock even greater incentives at the casino.

Preferred payment partners

Casinos will generally offer multiple payment channels to make it as easy as possible for players to make deposits into their accounts. However, casinos also sign agreements with specific payment providers. This incentivizes the casino to offer you special deals or offers if you make a payment through their preferred channel.

Reload

A reload bonus is an incentive offered to players who regularly deposit money into their accounts. Like many of the other bonuses, this could be a matching, percentage, or time-based bonus.

Refer-a-friend

Back view of man holding cellphone and showing friend something

One of the easiest bonuses to take advantage of is the refer-a-friend bonus. All you have to do is invite a friend to join the site, and once they do, you’ll receive extra casino credit into your account.

Game-specific bonuses

Depending on the casino, they may also offer game-specific bonuses or credit for use with specific games.

Bonuses for slots

If you’re a fan of virtual slots, the site may offer you free spins on your favorite slot games, or no deposit bonus codes that you can redeem for specific games.

Bonuses for live games

Many sites offer digital versions of traditional casino games like roulette or blackjack. Did you know you can also play live casino games online? These versions of popular games are hosted by real dealers, with players taking part via live stream. In order to promote this relatively new type of game, many casinos offer live game bonuses for them to take advantage of.

Place your bet with our digital casino

If you are new to BetMGM’s online casino, you can play via our website, or via our casino games app. We offer a wide variety of table games, such as roulette or blackjack, as well as fun and exciting virtual slots like Spin & Win and Starburst. If you’re interested in sports betting, why not visit our sportsbook after a session at our online casino

At the end of the day, no matter what your favorite gambling interests are, BetMGM has something for everyone. Place a bet at our casino today!