Online casino bonuses given to new players are often called welcome bonuses. There are three types of online welcome casino bonuses prevailing in the industry. The first is a deposit bonus. Once the player makes his first deposit, the casino offers a corresponding amount as online casino bonus. This is offered as a percentage of the deposit of the player at a maximum amount. The second type of welcome bonus is the bonus of no deposit. In this case, the player is not obliged to make a deposit but gets the initial bonus. The purpose of this bonus is to allow players to have an idea of the games. The bonus without deposit is much smaller than the deposit bonus. The third type of welcome bonus is not given in cash, but a number of free turns on a popular slot machines. Players must keep gains, if any, like the bonus.
Online casino bonuses given to existing players are called reload bonus. Reload bonuses are usually deposit bonuses in which players are first necessary to make a deposit. These bonuses have a weekly or monthly cap. In many online casinos, reload bonuses are linked to the player’s VIP state. The higher the status, the more percentage involved or the limit concerned.
A very common online casino bonus is the reference bonus of a friend. The popularity of the mouth of the mouth is very important for online casinos. Casinos compensate for players who recommend the casino to their friends. Most casinos offer a lump sum bonus for each friend that the player brings. The bonus is given after the friend opens a real money account with the casino and makes the required deposit.
There are several terms and conditions associated with online casino bonuses and players must read them carefully. Failure to comply with terms can lead to confiscation of bonuses. The most important of them are the requirements of setting. These specify how many times the bonus must be mised before the gains can not be cashed. They also specify the games on which this bet should take place and the time frame in which this bet must be completed.