Online Casino Giveaway Bonuses Explained

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Posted: August 10, 2020

Updated: August 10, 2020

  • Giveaway bonuses are some of the biggest reason that players prefer online casinos over land ones
  • Having an understanding of these bonuses will help you get the most out of your experience of playing
  • Not all bonuses are beneficial, some can be stunts

There’s a reason why online casinos have become wildly popular in a surprisingly short amount of time. Considering that the first online casinos have started to emerge only about 30 years ago, the size and volume of this market has grown a lot. One of the main factors that pushed this growth was bonuses. So here are some of the online casino giveaway bonuses explained.

What are online casino bonuses? As you can probably guess from the name itself, these are the promotions that online casinos offer when customers use their site. It can be welcome bonuses or weekly promotions. Land casinos have bonuses which are usually reserved for the VIP players or those who are already in the loyalty program. As for the online casino giveaway bonuses, most of them are available for everyone who are using the site.

How do online casino giveaway bonuses work?

As mentioned before, online casino bonuses are promotions that are dedicated to encourage the customers to keep coming back. Since the competition in this market is now stronger than ever, it’s important to build a base of loyal players. On average, only around 20 percent of the players use the same site on a regular basis. These 20 percent then provide almost 70 percent of the site’s revenue.

Most of the players choose to change up their site often so that they can take advantage of the welcome bonuses. However, experienced players tend to commit to one site so that they’ll enjoy the loyalty bonuses. To help you make your decision and get the best out of these promotions, here are the online casino giveaway bonuses explained.

online casino giveaway bonuses
Let’s get some money!

Different types of online casino giveaway bonuses explained

Welcome bonus

As almost all of the online gambling sites in the UK offer it, welcome bonuses are some of the most common and popular promotions. Most of these welcome bonuses are designed to create the player base for the site. It means that all you have to do to receive free spins on your favorite game or get a free deposit bonuses is to simply create an account on the site.

Since it’s only one time offer, you can test out the site with your bonus and opt out if you don’t like it. However, some players try to take advantage of the promotions by using VPN or creating different accounts. If the site catches you doing it, they’ll most likely block  your account and cancel the bonus. There are many more online casino giveaway bonuses besides welcome bonus. So it’d be quite silly to get banned from your favorite site just to get the bonus.

Deposit bonus

Deposit bonuses are one of the stables of the welcome bonus. The site offers to giveback certain portion of the first deposit you’ve made on the site. In most of the online casino giveaway bonuses in the UK, the percentage is around 50-70 percent. It’s extremely rare to see a site that matches your deposit. Even if they do match it it’s usually in credits of the site. It means that you can only use the bonuses in the site to play games, and can’t just cash out the money. Some of the few sites that fully matches the first deposit is bet365 casino. Also they offer other promotions alongside with the deposit bonus, such as free spins and other bonuses.

Free spin bonus

Usually free spin bonuses supplement the main promotion. Or if an online casino is trying to push a new game, they’d offer free spin bonuses so that people would try the game for free and hopefully play it again. It’s getting more popular these days since the house doesn’t have to give you money, they’d just enable you to play the game. So it’s much more beneficial for them to offer free spin bonuses.

As for the players, having an understanding of online giveaway bonuses will help you to make the most out of the situation. Most of these free spin bonuses will require you to spend certain amount of money. Only then, you’d be able to cash out the money you’ve made. This amount depends on the number of free spins offered.

online casino giveaway bonuses
Are you playing?

Loyalty bonus

Loyalty bonuses are the reason why the players keep coming back to a certain site. Since the online casino sites understand how important it is to have a loyal players’ base, they pay extra attention on this. The loyalty bonuses are some of the most rewarding yet hard to obtain ones in the online casino giveaway bonuses. Even if you’ve succeeded in becoming part of the VIP Loyalty program, you’d have to compete with the other players. In order to become a VIP member, you’d have to either spend a certain amount of money on the casino or keep your account active for some amount of time- usually a year or so.

What are some of the online casinos that offer the best online casino giveaway bonuses?

When you first sign in to a site, almost all of the bonuses is likely to seem beneficial. However, you should remember the popular saying “Free cheese is only in a mousetrap”. You might find yourself losing more money than your bonus. So be sure to make the thorough evaluation of whether the bonuses are worth it or not. Having a list of online casino giveaway bonuses will help you with that decision. However, to save your time and energy on that tiresome calculations, here is the  online casino sites in the UK with the best promotions.

Bet365 is definitely on the top of our list. The welcome bonus they offer is one of the most generous among the other sites. Not to mention that the constant promotions for non-first time players can get really attractive too. Being one of the oldest online casinos in the world, bet365 doesn’t hold back when it comes to rewarding the loyal players. The loyalty program of the site would make all the hours and commitment spent worth it for the players. Also there is extensive range of the classic casino games where you can spend your credits on. Read a more thorough review about bet365 casino from our site. You can also check the online casino giveaway bonuses available to you from there.

You can discover more about Bet365 Casino here.

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