With the increase in popularity of online gaming in India, a surge in the number of online casinos has been observed. The high number of online casinos in India ultimately resulted in intense competition among the internet casinos, causing them to attract new players & retain existing players by using the most enticing approach, i.e., casino bonuses & offers.
Herein we will be closely examining the concept of online casino bonuses & factors you must consider while choosing a casino based on an online casino bonus.
What is a casino bonus & how does it work?
Online casino bonuses are extra spins, cashback or credits that are complementary. These bonuses are offered to heighten your betting experience by amplifying the deposit value or providing you with an opportunity to play casino games without burning a hole in your pocket. Based on the type of bonus, they are applicable for both existing & new players either as loyalty points, reloads, welcome packages or general promotions.
Casino bonuses can also be called a promotional offer provided by a casino solely to members of its community. Casino bonuses are extended to the players in the form of free bonuses, free spins, sportsbook bets, free bonus cash & other rewards, which are validated by making a deposit, signing up at a casino or carrying out certain activities on the casino website.
What needs to be kept in mind is that these online casino bonuses are optional. Since players have to fulfil specific terms & conditions, it is pretty evident that you can choose to not be a part of the same at any given time. Some conditions might demand you to spend a certain amount to withdraw your winnings.
Although, in most cases, casinos permit players to withdraw their bonuses & then opt out of the offer whenever they want. These offers can be anything from deposit bonuses to slot spins in other casino games.
Types of casino bonuses
Online casinos in India offer various types of bonuses, including deposit, no deposit, free spins, loyalty bonuses & cashback bonuses. Let’s understand the approach behind every bonus.
- Deposit Bonuses
Deposit bonuses are extra rewards in the form of money. They are credited to the player’s account at the time of the first deposit. Most of the time, deposit bonuses go hand in hand with other rewards like spin bonuses and other types of free stuff.
Deposit bonuses might vary depending on the amount of your first deposit. You will always encounter a minimum amount limit to avail of the deposit bonus.
- Free Spin Bonus
Free spin bonuses have gained popularity nowadays because the casinos allow players to play their most desired slot games without any foundation. To withdraw these free spins, players will have to spend their cash.
In the case where free spins come with the first deposit, players might have to fulfil fewer criteria than when spins were given out for free.
- No Deposit Bonus
As the name confirms, players don’t have to make any deposit and are bound to get free spins or a small amount of credit cash. This happens without the player having to commit financially to the service. Although no deposit bonuses are free, it isn’t easy to cash them out by meeting the necessary criteria.
A player must spend at least 30 times the amount of their earnings on other bets.
- Loyalty Bonuses
Loyalty bonuses, also known as VIP programs, can be found in most online casinos. These bonuses are considered the most beneficial but are pretty hard to obtain. They prove to be valuable for only long-term players.
- To obtain the benefit of loyalty bonuses, players should either be part of an online casino for more than a year or be ready to wager a certain amount of money first.
- Cashback Bonuses
Cashback bonuses are extended to the players to guarantee them some of the money back that they have lost while wagering on any of their games. A lot of times, online casinos permit the players to play without any additional deposits. Some casinos also indemnify by upright cash payments.
How to choose the right casino bonus?
It is pretty apparent from the things described above that online casinos offer attractive bonuses & promotions to increase the number of players on their portal and also to provide gamblers with an opportunity to win. However, keep in mind that every casino that provides a bonus is not worth your time & investment.
You have to be watchful to pick the best online casino bonuses suitable for you. We have created a list of tips to help you make an informed decision.
- Bonus Amount
Considering the potential bonus amount is essential. Compare the bonus amount with other online casinos in competition and then only move ahead. Why would you want to settle for a little bonus when you can easily grab more.
- Check for terms & conditions
Some unfair online casinos try & hide vital aspects of a bonus in their terms & conditions. Often, punters do not pay proper attention to the terms and might end up accepting the bonuses, which they regret later.
It is strongly advised to skim through terms & conditions to get an understanding of essential factors like promotion restrictions, withdrawal limits & after how many plays one would receive the bonus.
- Bonus validity period
You must take into consideration the period of efficacy of your bonus. Having a large bonus amount with a validity period of just 24 hours isn’t very sensible. You won’t be able to make the most of it.
- Consider wagering requirements
Every online casino, to generate profit, offers different wagers. That is why they put forward wagering requirements that every player has to fulfil to access the bonuses. The requirement tells you the number of times you have to play to change your bonus to cash.
These were some of the most important factors to consider while choosing the best online casino bonus. Researching every factor individually can be tedious. This is where you can take the help of trustworthy review portals like AskGamblers.com.
They provide transparent & unbiased reviews of bonuses. Their reviews on casino bonuses cover all the essential aspects, including minimum deposit, maximum bonus amount, wagering requirements, exclusions, etc.
Importance of casino bonuses
One of the best features of online casinos is the bonuses & offers that players receive. Online casinos extend the opportunity to get hold of various bonuses & promotions when players make use of real money.
These bonuses are the casino’s way of attracting new players and retaining existing ones. If you are a beginner, you need to understand the importance of these bonuses to take advantage.
- Gives a good head start
For those new to the whole online casino concept, casino bonuses encourage the players to begin without fear of losing money. Players can learn gaming basics as some casino operators allow you to play without making a deposit. This is done by crediting the casino account at the time of registration.
- Low risk of losing funds
You are either going to lose or win. The higher the wager, the more funds you will lose or win. Online casino bonuses might help you reduce the chances of losing funds or maximize your chances of winning. They might act in your favour if you want to pursue gambling in the long run.
- Allows you to increase your game range
The gaming lobby of online casinos keeps on amplifying regularly. With a large variety of games, it might not be easy for the players to explore all the new games. Keeping the above-mentioned in mind, casinos offer exclusive bonuses on new games. This helps the players reduce their boredom by allowing them to play various games.
Bonuses are a prominent component of online casinos nowadays. Online casino game bonuses are advantageous to both punters and casino operators. Casino operators gain more traction by amplifying the number of players on their platform. Great bonuses in succession increase your chances of winning.
Please ensure that you find a safe & secure website that offers staggering bonuses and follow the above-mentioned tips to make an informed decision.