Online casinos could be a worthwhile distraction and lucrative entertainment to some. According to a global survey, 26% of the world's population have gambled at least once in their lifetime. A separate study places occasional punters at 4.2 billion, while 1.6 billion people punt more frequently.
With such figures, it's unsurprising that the online gambling and betting market continues to rise, with experts projecting a compound annual growth rate of 12% from 2022 to 2030. The sector's revenues are expected to reach USD$145.6 billion by 2030, from USD$58.2 billion in 2021.
Whether you're an occasional punter or a first-time bettor looking to max out on online casino bonuses, today is your lucky day. Below are the top 10 incentives you can get if you download, sign up, or play any virtual casino game.
1. Match deposit bonuses
Most online casinos require users to pay a minimum deposit to start playing. Hence, opening a secure e-wallet for online casino transactions is crucial.
Some casino game companies have their own platforms or prefer to work with specific online payment service providers like Trustly. Check out the best Trustly slots to play to avail of special promotions, discounts, and perks.
Either way, both or any of these firms will likely offer match deposit bonuses. In this incentive type, players earn back a percentage of their deposit. An online casino offering a 100% match bonus will return the amount you've deposited in full, subject to caps and other terms. You can use this to play more games without affecting your bankroll.
2. Welcome bonuses
Welcome offers are the most common perks offered to first-time casino bettors. Because of stiff competition, online betting companies must create irresistible offers to attract new users. While welcome packages vary from one casino game to another, most are lured with cash rewards upon registration.
3. No deposit bonuses
A few online gaming titles may offer new and idle users some game sessions for free, so long as they sign-up. Besides allowing players to bet without putting money first, this scheme lets players win prizes like real money credits, free spins, free game credits, or loyalty points if they get lucky.
Generally, no-deposit casino games are rarer than other offers, so you need time to spot a legitimate and potentially profitable offer. No-deposit bonuses work best for new casino players who need more time to decide which games they enjoy. Newly-released casino games often use this tactic to attract players more quickly.
4. Free spins
Like no deposit bonuses, free spins let users play the game without the risks. Free spin offers can either be a standalone bonus or offered as part of a package. An online casino site, for instance, offers a 100% bonus of up to USD$200 and 100 free spins. To avail, a new user must deposit USD$200 to be eligible for this attractive offer.
Note that online casinos rarely offer free spins to new subscribers. If you find one, ensure you understand the terms and conditions to qualify.
5. High roller bonuses
Casinos like to keep high rollers, often experienced players who aren't afraid to spend, lose or win big. To encourage these users to spend more, betting companies often establish a reward system exclusive to big spenders.
High roller bonuses are restricted to new and frequent users willing to deposit higher amounts running from a few hundred to a few thousand. Unlike brick-and-mortar casinos, online betting sites are subject to more stringent regulations to encourage players to gamble responsibly. There are certain limits on the amount you can place. Still, high-roller bonuses allow players to extend their play times, with some promising up to a 1,000% deposit payback.
6. Cashback bonuses
If the perks above are offered as you sign-up or play your first few sessions, cashback bonuses are paid after a few games, especially when luck isn't on your side. As every gambler knows, the house is always at an advantage in every casino game. Hence, the odds of winning are notoriously low in most cases.
Cashback bonuses enable players to earn back a percentage of their losses. For instance, if an online casino game offers a 30% return for your losses in a week, you get USD$150 back if you lost USD$500 during the period covered. This offer is more valuable to high-stakes punters who want to recover a portion of their losses.
7. Loyalty bonuses
Besides rewarding players for their large one-time deposits, casinos likewise offer perks for consistent users. If you are one, you may be eligible for loyalty bonuses to encourage you to keep playing.
Some bonuses offer a tiered system where gamers get more rewards as they earn higher accumulated spending. Like other promotions, loyalty bonuses can come in various forms, including cash backs, game points, free spins, or physical giveaways like the latest devices.
8. Mobile game bonuses
Smartphones and other mobile devices have revolutionized the online casino industry. Mobile devices and enhanced internet penetrability have driven the online gaming and betting industry to greater heights.
According to the United Kingdom's Gambling Commission, half of the online gambling population used mobile phones to access games as of 2019. Similarly, up to 80% of online gamers are believed to be mobile users.
This trend makes it reasonable for online casinos to attract more users through this platform. As such, most firms offer bonuses exclusively to mobile users. For instance, a player who downloads the game will be rewarded with free spins and other low-risk betting offers.
9. Bonus codes
Bonus codes are numbers or letters used to unlock various online casino offers. These codes can be accessed before depositing or signing up for a new account. Some welcome bonuses are immediately activated following registration. Otherwise, players would need to wait for the code to avail themselves of the promotion.
Sometimes, these codes are located outside the gaming site, such as in social media posts, promotional emails, or pop-up advertisements and landing pages. With most bonus codes being time-sensitive, users must enter them as soon as possible for activation.
10. Special bonuses
Online casinos occasionally offer user-specific perks. For instance, they might offer monthly bonuses to persuade more gamers to log in regularly. Similarly, they may launch such promotions during the off-peak or holiday season, when users get to spend more time online.
As with bonus codes, these perks can be cash, loyalty points, game credits, free spins, etc. Note that casinos keep track of your wagers and game sessions and tend to reward you based on these factors.
Concluding thoughts
Whether spinning the slots and roulette or dealing cards for blackjack and poker games, online casino bonuses help players build a healthy bankroll as they start their gaming session.
With so many options available, the best trick is to align the perks with your gaming preferences, including the type of games you play, the time you spend on the virtual table, and your bankroll.
More importantly, it pays to compare offers and understand the terms and conditions to determine which works best for you and to avoid surprises. Practicing due diligence in choosing an online casino enables a secure, seamless, and enjoyable betting experience.
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