Key Types of Online Casino Promotions
Gambling sites organize various promotions to stimulate users. Some are aimed at attracting new audiences, while others are aimed at retaining existing customers.
The type of online casino promotions depends on the conditions of participation, content and wagering rules.
Deposit Bonuses
These online casino promotions come in the form of cash or percentage equivalent, be tied to a particular criterion, or be permanent. Some gambling websites provide a welcome offer only for the first deposit, while other companies allow new members to get extra for the first few deposits. Each sum will be smaller, but you will get it for more games.
Cashback
These online casino promotions are a special type of bonuses. That's a return of a part of the lost money, deposits or betting amount for a certain period of time. Often they are called "safety" deposits, as they give users a second chance at wagering in the case of a series of failures.
The size of the refund varies from 2% to 20% and most often depends on the activity of users.
All cash back bonuses can be divided into certain classification groups, including the following:
From deposits. In this case, a player receives a certain percentage of deposits for a specific period. It doesn't count the net amount of deposits, and the difference between the amount recharged and withdrawn. For example, having made a deposit of $1,000 during the week and withdrawn $300, the cashback will be counted from $700.
From funds lost. This kind of cashback is counted from the client's net losses for a certain period.
From the committed bets. Issued according to the expected profit online casinos and is calculated by more complex formulas, which are based on the RTPs of slots.
Sometimes a casino itself determines the frequency of payment depending on the status of the player. For example, players with an entry level can activate a cash back monthly, and with the highest – daily.
Free Spins
The biggest advantage is the opportunity to try the slot in "combat conditions". Thus, without spending a penny, you will study the gameplay and the attractiveness of the slot. In most cases, games offered for such a bonus are the most popular casino releases.
Promotional Offers
Once a month or a week, a casino can encourage an increase in bets on a particular game room. For example, the jackpot grows, and no one can withdraw the line. Increasing the bets further increases the game's rage and excitement. You bet more money, you renew current records. Casinos are interested in ultra-high amounts of unclaimed prize money. This serves as a powerful magnet for attracting a new customer base and expanding technical capabilities. More money means more gambling halls and technical implementation of the gambling platform.
Remember about other loyalty systems:
Additional lottery participation for the amount of money listed on the deposit;
Card loyalty programs giving bonuses in the form of cashback additional accrual on the deposit.
Understanding How To Use Casino Bonuses
All online casinos have certain conditions that must be met in order to receive online casino promotions or wagering for subsequent withdrawal. It's necessary to take it into account before getting bonuses.
The most common requirement for a deposit bonus is a wager, which requires you to spin the bonus amount a certain number of times (usually from x25 to x50) before withdrawing your bonus money or your winnings from free spins. Moreover, consider the maximum bet allowed or that some slots or table games may not be used for the wagering.