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Bonus Types Offered by Online Casinos

Online casinos are always trying to entice players to their websites, and they use several different methods to accomplish this task. One of the most prevalent methods is in offering different bonuses for new players and for existing players. While these bonuses look good on the surface, be sure to do your homework to make sure that you will be able to abide by all of the established requirements. The time to make this decision is before you opt in, not after.

For new players, most casinos offer an "Initial Deposit Bonus" or "Sign-On Bonus". These bonuses are usually paid as a percentage of the first deposit that is made into their new players account. This is normally a one-time bonus that is placed immediately into your account, and it always has a wagering requirement attached to it. Casinos like Lucky Live Casino have a Sign-Up Bonus of 100% up to 100, which means that the casino will deposit an additional 100 into your players account when you make a deposit of 100 or more. This money will normally be available to play with immediately; however, you will not be able to withdraw this money until all of the requirements have been met.
Another type of bonus is much like the sign-on bonus, in that it is a percentage of your deposit. However, this bonus is paid to players who already have established accounts and can be claimed multiple times. Dublin Bet Casino offers a 10-15% bonus called "Everyday Bonus" which is paid on all deposits after your initial deposit. Europa Casino also offers a monthly bonus on your first deposit in each and every month. During the course of a year, this bonus money can really add up.
Most casinos also offer monthly promotions, which can be virtually anything. Sometimes it is in the form of a prize drawing, and your deposits can "buy" entries into this drawing. These prizes can range from things like a "Total Body Makeover" that Celtic Casino was offering to the "Smart Car" from Lucky Live Casino, along with iPods, Computers, and much more. Other monthly promotions could include a higher "Everyday Bonus" for a length of time, or "No Deposit Bonuses", which require absolutely no deposit to Opt In. The monthly promotional bonuses can be very creative and fun.
VIP Programs are established in many online casinos to benefit players who play regularly. These bonuses are usually referred to as "High Roller Bonuses", and are established for players who make deposits of 1,000 or more. Like the "Everyday Bonus" or the "Initial Deposit Bonus", these bonuses are deposited into the players count immediately, and once the wagering requirements have been met, this money is available for withdrawal.
Another bonus program is called the "Comp Point Program", which pays out in "Comp Points" rather than cash. These points can be converted into money or prizes. You will find that most Comp Programs have different levels established, which are based on the amount and number of wagers that a player makes. Basically, the more you play and wager, the higher you will go in the Comp Levels. There are no limits to the number of comp points that you can accumulate, and no limit to the amount of points that you can redeem. You don't normally have to sign up for this program, and you will start earning comp points with your first deposit and wager.
Almost all casino have established a "Refer a Friend Bonus", which pays any player every time they send a new depositing player to the casino. This is another bonus that you can collect many times, so there is no limit to the number of players that you can send.
One of the newer bonuses that have been making its debut to the online casino world lately is a reimbursement on your losses. Casinos, like Celtic Casino, are offering to give players back some of their money, if they lose, during the first week that they sign up and play. This type of bonus is a real win/win for the players, since even if you should happen to lose, you will still walk away with cash in your account.
As you can see, there are many different types of bonuses that online casinos have made available to all of their players. There is virtually something for everyone, from the brand new player who wants to try out the new live games, to the high roller who wants the thrill of the casino without leaving home. No matter what your play-style or favorite game is, you can find a bonus that will enhance your experience. Good luck to you!