The free spins welcome bonus is generally awarded when a minimum deposit is made that qualifies you for a certain number of free spins. Generally free spins will also be offered over your 2nd, 3rd, 4th deposits.
Free Spins no Deposit
The free spins no deposit offer is a very common one when it comes to search engines most searched around online casinos and slots. This Welcome Offer is self-explanatory, whereby the free spins are awarded upon registration only and do not require a deposit to be made on the players part.
Wagering also known as Staking is generally linked to a bonus you acquire when you have signed up to an online casino or slot.
For example, you register to a Welcome Offer stating ‘Deposit £10 and Get 50 free spins’. The terms would indicate the amount each free spin is worth and what the maximum winnings on your 50 free spins can be.
The terms and conditions would also state that you must wager 20x, 35x, 45, 50x 65x or even 100x any amount won through the bonus before you can convert your winnings into cash. So, if your chosen online casino requires 20x wagering and you had won £20, you would have to continue playing the equivalent of £400 to convert the money won from the bonus given.
No Wagering is therefore being able to deposit, earn the free spins, and any winnings you have converted into withdrawable cash.
Online Casinos can therefore offer what looks like amazing offers on the surface, however they do so knowing the wagering amount required is likely to give them the advantage. It is therefore no surprise as to why, no wagering casino offers are highly searched for on Google!
Matched bonus is as the name suggest, they will generally look like ‘Deposit £10 get £10’ or Get ‘x%’ up to a maximum of ‘x’.
Although matched deposit bonus welcome offers do not look as compelling, they are offering you 100% free bonus funds.
Therefore, giving you the opportunity to play with double your pot. Most matched bonus offers will come with wagering requirements, so be sure to read the bonus terms and conditions.
Regardless what you choose to do, online casinos will generally ask you if you want the matched bonus or decline receiving it.
Why would you reject free bonus funds?
This falls to personal preference. Some players want more money as they work on ratios e.g. if I stake £2 a spin on slots my cash funds will be depleted after 5 spins.
Therefore, with an extra £10, I’ll have 10 spins, so more time to play and likelihood of winning some money if the machine is paying out every 3-5 spins.
Nevertheless, the wagering from accepting the matched bonus, should you win, is always high and therefore will require you to continue playing until you have met the threshold.
Online Slots Guide Tip: By choosing to decline the bonus means anything you win can be cashed out immediately, so long as you meet the minimum withdrawal requirement. Which the casino would have stated in their terms and conditions.
In terms of the % deposit bonus, these will vary from casino to casino. Again, all it means is that the online slots or casino will match or increase you deposit amount by the maximum of the stated amount.
For example up to 200% bonus, would mean deposit £10 and get £20 in bonus funds, so you have £30 in funds available.
Monthly Deposit Bonus
The monthly deposit bonus online casinos and slots offer, otherwise known as ‘reload bonus or loyalty bonus’. Is where you get rewarded a bonus each month based on you depositing a certain amount each month.
Majority of online casinos do not offer this up front on sign up, it will generally be found in the promotions area of the casino site, where all the promotions and bonuses are displayed.
Should the online casino offer a monthly deposit bonus or loyalty reward. Simply opt in and ensure you meet the deposit requirement to continue receiving your bonus. Should you decide to skip a month, you are automatically removed and would have to opt back in.
In some instances, if you have opted in to receive marketing communication, the promotions will be within the emails.
Online Slots Guide Tip: Monthly deposit bonuses are great if you find yourself playing slots at least twice a week or more. It just means you get more for your buck. As the saying goes, once the online casino gets you through their door, they would like to keep you there!
High Roller Bonus
High roller bonus also known as VIP bonus, targets the players with deep pockets. Whether it be for the love of playing online casino and slot games or players that prefer to deposit big in hope of winning just as much if not more.
Some online casinos target High rollers and VIP players only, these are few and between. However, most online casinos, tend to have a section and team dedicated to players who meet the VIP requirement.
Online Slots Guide Fact: As the with everything VIP, players can expect bigger bonuses, dedicated account managers, treats and perks on your birthday, exclusive events, holidays and much more.
Should you want to become a high roller or VIP, simply contact the online casino or slot of your choice and ask them about becoming a VIP.
Information is generally readily available on site, but if you have unanswered questions, contacting them directly might be the best way forward.
Refer a Friend
Refer a friend bonuses are as it reads on the tin! Refer a friend, get them to register, use a code, deposit funds in their account and you get rewarded. Rewards are generally as a bonus in your account, this is usually around £5.
To online casinos, the refer a friend bonuses are like word of mouth. If you tell a friend how good a particular slot or online casino is and convince them to sign up, the online casino gets marketed for free.
This of course is an effective and cheap way of marketing from the casino. Their insurance is knowing the friend you refer must make a cash deposit for you to get rewarded.