Online casinos offer players an option to make money by playing games they have. Several casinos operate on the internet based in different countries. While some casinos are free to play, most of the others require a deposit from players before they can begin making money. Some people play like professional players to earn an income from casinos, while others play for entertainment purposes only.
What Are Welcome Bonuses?
Welcome bonuses are offered by almost all casinos to players who register on their website or application. These bonuses differ from one casino operator to another. We look at some common types of welcome bonuses offered by casinos to new players.
- Welcome Bonuses
- Free Spin Bonuses
- Deposit Bonuses
- Exclusive Bonuses
There are other types of bonuses offered by casino operators. However, we will look at the most common ones and how you can use them to make money online. Almost all operators provide these bonus types on mobiles, software applications, and websites.
If you look at an online casino list, you will find that most casino operators provide one of the above-listed bonuses to their users. We look in detail at how they work and how you can use these bonuses to make money playing at online casinos.
Welcome Bonuses
Welcome bonuses are one of the most common types of bonuses offered by casinos online. While some operators only have a website that you can use to play, others operate differently. They provide options to play using software and mobile applications.
Many people prefer to play casinos that are compatible with smartphones. It allows them to play with their smartphones without needing a computer. A welcome bonus is usually a deposit of a certain amount.
This amount goes into the account of the user so that they can use it exclusively on the provider’s application or website. In almost all cases, you will not be able to withdraw your money but only be able to use it to play the games on the website or applications.
The bonus money is given to users after they register for an account and is meant to encourage them to stick with the specific casino operator. The money that you win from the bonus provided may be withdrawable, which is not likely in most cases due to the minimum withdrawal limit.
You can make additional deposits to the account you have registered for, win more money and eventually withdraw your winning amounts. However, the main reason for welcome bonuses is for players to stick with specific operators and not go away from them.
Free Spin Bonuses
It is another popular form of bonus offered by hundreds of casino operators. They allow a few free spins and encourage players to make deposits to play more. These spins are only on specific games that they have on their list.
These spins can yield a player a win, which in turn, would get deposited into the account. The player can deposit more money and play, making profits and winning from the bonuses. The motive remains the same for free spin bonuses. It is for a player to be loyal to the operator.
Deposit Bonuses
This form of bonus is slightly different from the two we mentioned above. Once a player registers and deposits with an operator, they top up their account with more funds. It is to prompt the players to use their games and websites solely to play online.
Sometimes, deposit bonuses can work wonders as the players will play games which have higher chances of winning. There are casino operators who provide deposit bonuses every time a deposit is made by the player.
Exclusive Bonuses
Exclusive bonuses are often very different from each of the above. It is because there are casinos on the internet partner with one another. So, once you sign up with a casino, they offer exclusive bonuses which you can use on their partner websites.
This form of bonus often offers a higher win percentage to the player. The rewards are much greater and aimed at making people more inclined towards their website or online applications. Exclusive bonuses are popular these days and are provided by top casinos online.
How Are Bonuses Calculated?
Each website or casino provider differs a great deal in the way they give bonuses. Some casinos offer a percentage of the deposit as a bonus. They have a minimum deposit requirement and a minimum bonus applied each time deposits are made.
There are also flat bonuses when a person joins and creates an account with a casino operator. While bonuses are usually a sum of money, there are times when they are in cryptocurrencies, coins, slots, spins, cashback, and many more.
Bonuses are paid daily, weekly, bi-monthly, or monthly and vary with casinos. There are also loyalty bonuses offered to players who stay loyal to the casino operators. However, remember that there are terms and conditions that you have to follow to collect bonuses.
Tips To Select The Best Online Casinos
As an online player or gambler, be aware that serious scamming websites promise a lot of money to players. These typically use your financial information to defraud you rather than paying you profits or earnings. You have to be aware of these things.
Here are a few tips you can use if you are a new player:
Trust Factor: Before you register with an online casino, read reviews and testimonials by other players. These would frequently tell you whether or not you should trust a website, application, or software and invest or make a deposit with it.
Addiction: Online casino addiction is real and not to be messed with. Know your limits in terms of when you should stop playing or gambling. It can avoid getting addicted to online casinos or gaming websites.
Knowing Your Limits: Always play with money you can afford to lose. Investing your life savings in an online casino or gambling website is not a good idea.
Conclusion
Always research a website, mobile application, or software application before investing in or depositing money with them. Reading reviews usually give you a good idea of how good or bad an online casino is. Remember to trust your gut feelings or intuition with online casinos. You can also select online casinos that provide you with a handsome amount as a welcome bonus for registering.
