Online casinos offer sign up bonuses to encourage new players to register for real money play. Sign up bonuses are in the form of free casino money, which players can use to wager on real money games at an online casino. Though attractive, sign up bonuses are associated with a number of terms and conditions, which players must understand before they claim a sign up bonus.
A sign up bonus is a gift in the form of real money, bonus money, player points, or free spins given by online casinos to new players who register a real play account. The purpose of these bonuses is to attract a large base of new customers.
There are two major types of sign up bonuses—deposit bonuses and no deposit bonuses.
Casinos usually do not offer no-deposit bonuses on direct sign up because players tend to abuse these bonuses. Although there are a few online casinos that do offer no deposit bonuses on sign up, the best way to grab these bonuses is to sign up through approved affiliate links. No-deposit bonuses are very popular because they give players a chance to get a feel of the online casino and play the games for free even before they make an initial deposit. What’s more, players are also allowed to keep any cash prize they win while using their no-deposit bonus.
All casinos offer deposit bonuses as soon as players sign up and make an initial deposit. There are two major types of deposit bonuses—match bonuses and fixed bonuses.
A match bonus is percentage of players’ initial deposits given as bonuses. For instance, if an online casino offers a cash match bonus of 100 percent up to R1,000, it means that players will receive a bonus equal to their initial deposit and the maximum amount they can claim as bonus is R1,000.
Some online casinos offer a fixed amount as bonus as long as players make a minimum initial deposit. For instance, Casino A offers a bonus of R50 to all new players who make an initial deposit, as long as they deposit at least R100.
Players can claim their bonus in two ways at online casinos. First, some online casinos automatically credit bonuses to players’ accounts, in which case players do not have to follow any procedure to receive their bonus. Second, some casinos require players to input a bonus code, which is available either at the affiliate site or at the online casino website, in order to receive their bonus.
Bonuses are associated with a number of terms and conditions, which players must read and understand before they claim any bonus. While some bonuses can never be withdrawn, others can be withdrawn only if players satisfy the wagering or play through requirements. This means that players will have to play through their bonus amounts or their bonus plus deposit amounts a certain number of times within a given time frame before they can be allowed to request any payout.