The Pros and Cons of Different Casino Bonuses

The advantages and disadvantages of different types of online casinos bonuses such as free spins bonuses and no deposit casino bonuses. Which is the best online casino bonus and why?

No Deposit Bonus

No Deposit Bonus

Definition: An online casino bonus that is offered to new players as an incentive to try out the site. This bonus is relatively small in size (typically $10 – $50), where the funds are allocated to your bonus account. These funds can then be used to play on specified games only, with a restriction on how much can be won using this bonus. These are usually (but not always) redeemable bonus offers that you receive from the online gaming site without the need to make a deposit. It is important to differentiate between cashable and non-cashable no deposit bonuses.

PROS of No Deposit Bonus

  • Simple to use – Only requires that you register an account at the casino using your full name and email address.
  • Cash out without funding your account.
  • Best way to test-drive a casino platform and try out the software.
  • In the case of cashable no deposit bonus, you can withdraw the money after meeting the prerequisites.
  • Risk free – No need to deposit money and therefore your bankroll remains safe and secure.

CONS of No Deposit Bonus

  • Not usually a large bonus total.
  • In the case of non-cashable no deposit bonus (aka sticky bonus), you cannot withdraw the bonus in any way, unless wagering requirements have been met.
  • Limited to certain games only.
  • Onerous wagering requirements makes it difficult to win.

Click Here To Find The Best No Deposit Offers

Free Spins No Deposit Bonus

Free Spins No Deposit Bonus

Definition: An online casino incentive, usually offered to new players as a way to attract them to the site. The casino allocates free spins to players, without the need for players to make a deposit into their account in order to claim the funds won from using the free spins. The wagering requirements will differ from site to site.

PROS of Free Spins No Deposit Bonus

  • A great way to discover what the online casino has to offer.
  • Easy to receive – simply register with the online casino using your email address and full name.
  • Great way to discover new and popular online slot games.
  • Risk free – No need to deposit money to receive the free spins. Therefore your bankroll remains safe and secure.
  • Usually get to keep your winnings.

CONS of Free Spins No Deposit Bonus

  • The number of free spins is usually small.
  • Limited to certain slot game/s only.
  • Winnings from playing with free spins are nearly ALWAYS subject to wagering requirement. Winnings is NOT cash.

Click Here To Find The Best Free Spins No Deposit Offers

Free Spins with Deposit Bonus (with wagering requirements)

Free Spins with Deposit Bonus (with wagering requirements)

Definition: An online casino may offer players free spins as part of a bonus that requires a deposit. The bonus has certain wagering requirements attached to it. Casino Y offers you a 50% bonus on all deposits of up to $100 plus 50 free spins. In other words, if you deposit $100 into your account, the casino will match it with another $50, giving you $150 to play with in total, as well as 50 free spins on featured slot games.

PROS of Free Spins with Deposit Bonus (with wagering requirements)

  • Excellent way to enjoy top slot games for free.
  • The number of free spins may at times be larger with a deposit bonus than with a no deposit free spins bonus.
  • Offers you the perfect opportunity to see how the casino platform functions.
  • Great bonus that gives a serious boost to your bankroll.
  • Allows you to keep the winnings made from the match bonus and free spins as long as you meet the wagering and playthrough requirements.
  • Extends the amount of time you spend playing at the casino so that you stand a bigger chance of hitting jackpots.

CONS of Free Spins with Deposit Bonus (with wagering requirements)

  • You need to make a real-money deposit to get the free spins.
  • Limited to certain slot game/s only.
  • The wagering requirements may not suit all players – read the ‘terms and conditions’ of each offer well.
  • Not all casino games count equally towards the wagering conditions. Make sure that those that do count are among those you play regularly.
Free Spins with Deposit Bonus (with zero wagering)

Free Spins with Deposit Bonus (with zero wagering)

Definition: An online casino may offer players free spins as part of a bonus that requires a deposit. There are no wagering requirements on this offer in order for you to withdraw your winnings. For example: The offer is for 50 free spins if you make a deposit of $100 or more. You can withdraw your winnings with zero wagering.

PROS of Free Spins with Deposit Bonus (with zero wagering)

  • Simply make a deposit and you’ll get a no-requirements free spins.
  • Totally risk free.
  • If you were going to make a deposit into your account to play anyway, the no-risk free spins are a great unexpected extra reward.
  • Excellent way to try out new and popular slot machines.

CONS of Free Spins with Deposit Bonus (with zero wagering)

  • Quite rare to find in the industry. If you find one, go for it!
  • Limited to certain slot games only.
Match Bonus

Match Bonus

Definition: The online casino offers to match the player’s deposit by a certain percentage. The amount differs from casino to casino. Example: Casino X offers you a 100% bonus on all deposits of up to $100. In other words, if you deposit $50 into your account, the casino will match it with another $50, giving you $100 to play with in total.

PROS of Match Bonus

  • Generous bonus that can see you easily double your bankroll size – or more!
  • Excellent way to get rewarded for playing at the online casino of your choice.
  • A good way to extend the time of your play sessions at the casino. More time = more chances of winning!
  • A wider range of games to choose from than no-deposit bonuses.

CONS of Match Bonus

  • Wagering requirements are not always easy to fulfill. Read the terms and conditions carefully to make sure that it’s worth your while to redeem the offer.
  • Requires an outlay of real money in order to receive the bonus; therefore different from no-deposit bonuses.
  • Not all casino games count equally towards wagering requirements. Make sure that your favorite games count enough to make it worthwhile redeeming the bonus.

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Multi-tier Match Bonus

Multi-tier Match Bonus

Multi-tier Match Bonus

Definition: The online casino offers to match the player’s deposits over a certain number of deposits. This type of bonus is usually offered to first time players over their first few deposits. The match percentage can differ from deposit to deposit. It is called a multi-tier bonus because the offer takes place over several deposits. For example: Casino ABC offers a multi-tier bonus on the player’s first three deposits. The first deposit is matched by a 100% up to $100 bonus, the second deposit is matched by a 50% up to $100 bonus and the third bonus is matched by a 25% up to $100 bonus.

PROS of Multi-tier Match Bonus

  • Extended offer that lasts longer than any other type of online casino bonus.
  • Gives players a good reason to keep returning to the same site and build up loyalty in the Loyalty Program.
  • Excellent way to boost your bankroll and the amount of time that you spend at the online casino.
  • One of the best ways to try out an online casino, including the games and software.

CONS of Multi-tier Match Bonus

  • You need to meet the wagering requirements of each bonus separately, before you can move onto the next one.
  • These offers are usually more time-restricted. Make sure that you can complete all the wagering requirements of the entire offer before you redeem it.
  • No all games count equally towards the wagering requirements. Make sure that your favorite games count significantly towards them.
Cash Back Bonus with Bonus Money

Cash Back Bonus with Bonus Money

Definition: This is a bonus that is rewarded to players to compensate them for any losses incurred during their gaming session. The compensation is in the form of bonus money that can be used at the online casino in future gaming sessions. The amount awarded to players is in the form of a percentage of the losses, and varies from site to site. For example, the casino will reward you with a 10% cash back bonus on every $100 that you lose at the site. This means that you’ll receive $10 back in bonus money to use at the site on each $100 lost.

PROS of Cash Back Bonus with Bonus Money

  • A type of ‘insurance’ against a run of bad luck.
  • Even if you lose at the casino, you are always ensured some of the losses back.
  • You receive free bonus money to use at the casino in your future gaming sessions.
  • There is no requirement for you to make a deposit into your account in order to get the cash back. You are rewarded for money spent, not money deposited.

CONS of Cash Back Bonus with Bonus Money

  • You need to spend money from your account to receive the bonus.
  • The larger the sum that you get back, is indicative of a larger amount that you lost at the casino. Bear this in mind when playing.
  • You are rewarded with bonus money and not real money. You are thus required to spend your winnings at the casino only.
Cash Back Bonus with Real Cash Back

Cash Back Bonus with Real Cash Back

Cash Back Bonus with Real Cash Back

Definition: This is a bonus that is rewarded to players to compensate them for any losses incurred during their gaming session. The compensation is in the form of real money that can be withdrawn. The amount awarded to players is in the form of a percentage of the losses, and varies from site to site. Example: The online casino guarantees 20% of in real cash for every $200 lost at the site. This means that you’ll get $40 on every $200 lost, and the cash back is in real money.

PROS of Cash Back Bonus with Real Cash Back

  • A type of ‘insurance’ against a run of bad luck.
  • Even if you lose at the casino, you are always ensured some of the losses back.
  • You receive real cash back that can be withdrawn from your casino account.
  • There is no requirement for you to make a deposit into your account in order to get the cash back. You are rewarded for money spent, not money deposited.

CONS of Cash Back Bonus with Real Cash Back

  • You need to spend money from your account to receive the bonus.
  • Remember that the more you get back in real cash, is the more you have lost at the casino in the long run.
  • There are wagering restrictions on the real cash back that you can withdraw from your account. Make sure that you read the terms and conditions.
Deposit for Free Spins

Deposit for Free Spins

Definition: This bonus rewards you with free spins on select slot games after you make a real money deposit into your online casino account. The number of free spins that you are awarded differs from site to site. This is a rare offer and isn’t a standard bonus at online casinos today. For example: Deposit $100 into your account and get 50 free spins.

PROS of Deposit for Free Spins Bonus

  • Receive free spins on top slot games with your real money deposit.
  • You can withdraw the winnings that you make when using the free spins.
  • Extend the time you spend on the slot machines with the free spins, thus increasing your chances of winning.

CONS of Deposit for Free Spins Bonus

  • Your deposit isn’t matched with bonus money or real money.
  • Limited slot games are featured in these offers. You will need to play the games that the casino picks for you.
  • You need to meet the play through requirements on the offer before you can withdraw your winnings.