Different Types of Online Slots Bonuses

September 7th, 2006 3:37 pm EST

When you visit any online casino to take a look around, you will likely see that they have some sort of bonus for signing up. In fact, you usually canít miss it because the graphics are in bold colors everywhere. Some of the bonuses are rather large and span over many deposits, while others may be a one-time only bonus. In fact, there are a few different types of bonuses that you may be offered at an online casino, and four main ones to be exact. Those bonus types are signup, referral, special and deposit bonuses. Each type will be discussed at length here.

Signup Bonuses

Every online casino has some kind of signup bonus that they give to new players. While some are on the lower end of the spectrum, most are quite large due to the fact that the online casino business is very cut-throat. Every casino knows that they must give you the very best bonus in order to attract new customers. This means that you as the potential customer win, as you get more and more free money to play as each casino tries to woo you with their offers.

While some signup bonuses are one-time only, there are several that are over your first few deposits. If a casino offers you a $1000 signup bonus, most likely it is a set amount for each of your first few deposits that can add up to $1000, depending on the amount you deposit each time. For instance, the bonus may be up to $200 for each deposit you make the first five times you make a deposit, so you have the potential for $1000, but you can only reach that amount if you deposit the max amount five times.

Signup bonuses are what are usually referred to as match bonuses. This means you deposit a certain amount of money, and the casino will match it up to a certain amount. For instance, letís say the casino offers a signup bonus of 100% up to $100. That means if you deposit $50, you get $50 free. If you deposit $100, you get $100 free. If you deposit $200, then you still get $100 free, because that is the limit. This is a match bonus.

The other type of signup bonus that you might encounter is what is called a free bonus. This means that the casino will put money in your account just for signing up- no deposit required! This is a great chance to try real-money games and see what they are like without spending a dime out of your own pocket. This type of bonus is rare though so you should make sure that you take advantage of one when you come across them.

It is important to note that a signup bonus is given to brand-new players only. If you already have an account with that particular casino, you can not claim a signup bonus and you especially can not make a second account to take advantage of a signup bonus. Not only are you only allowed one account per casino, in some cases its one account per household per casino. So making a second account is not only against the rules, but it could result in suspension of your first account. There are many other bonuses that established players can claim instead, all of which are discussed here.

Deposit Bonuses

After your initial signup bonus, most online casinos will still offer you other types of bonuses to keep you coming back. They are businesses and realize that it is not enough simply to lure you in with a big, flashy signup bonus. They must continuously work to keep you from leaving to another casino, and they use deposit bonuses to do just that.

Most deposit bonuses are match bonuses as described above. They may offer you a 200% match up to $100, which means that you can deposit only $50 and get $100 free, meaning you have $150 in your account (sometimes called a bankroll) with which to work.

Another type of deposit bonus is what is sometimes referred to as a static bonus. This means that you get one set amount of bonus money as long as you deposit a minimum amount. For instance, one online casino recently ran a promotion where you would get $250 free as long as you deposited $100. If you deposit less than $100, you get no bonus. Anything more than $100 and you still get the static amount of $250.

Referral Bonuses

If you love playing at an online casino that you signed up for and know somebody in the market to start gambling online, then perhaps you should refer them to the casino to earn some extra bonus money. Most casinos have some type of referral bonus and/or program. Before you tell them to sign up, though make sure that you understand the bonus or program. Sometimes in order to get the bonus you have to fill out some type of form, or the person signing up does. Make sure you understand and follow the steps to get your referral bonus BEFORE you refer, that way you never have to worry about not getting your money. The amount of the referral bonus varies from site to site.

Special Bonuses

In addition to the aforementioned bonuses, you can also sometimes collect special promotional bonuses that a casino may offer from time to time. These vary greatly and are sometimes seasonal, so if you want to take advantage of this type of bonus, you should jump on it quite quickly before they disappear.

Some examples of special bonuses may be a small bonus on your birthday that some casinos will offer. Others may include trivia, sweepstakes and other contests. There may even be game-specific bonuses. For instance, casinos have been known to run contests where whoever wagers the most on Blackjack will win a bonus at the end of the contest period.

There may even be bonuses that you can only use on specific games. For instance, say you sign up for a casino that has several different games. But you specifically want to play Slots only. There may be a special Slots-only bonus for people just like you that can only be wagered on Slot machines.