Best Online Casino Bonuses

With so much information on online casino bonuses and promotional offers, we understand that it can be tough to pick one online casino bonus over another. As always, the devil is in the details. Players benefit from choosing the best online casino bonus – that’s our point of departure.

Sometimes, it’s entirely possible to get a bonus with very little or no effort on your part with no wagering bonuses for example.

Those are clearly the best online casino bonuses to pick. Bonuses are incentives designed to attract players to register, deposit, and play at an online casino. At times, you may not be required to deposit at an online casino – these are known as no deposit bonuses. Whenever you get more out of a promotional offer than required to put in, it’s a good deal because your risk no money.

For illustrative purposes, assume the following:

If you are required to choose between Option A or Option B, your decision is incumbent upon several important criteria.
Assuming that both online casinos are highly rated, credible, and licensed, how do you choose between the bonuses?
The answer to this question requires in-depth reading of the T&C, otherwise known as the fine print. Other important criteria include the following questions: What is your available bankroll? What are your gaming preferences?

If you are a slots player with a limited budget, your best bet is probably Option B with a lower playthrough requirement. If you are a blackjack player, you want every blackjack game that you play to count towards meeting the playthrough requirement, so your best option is Option A. This rudimentary example serves to highlight some of the things that you should be looking for when picking one online casino bonus over another.

In our ongoing assessments, we have to remain vigilant, given that casinos often change their bonuses and promotional offers. Top-tier offers like no deposit bonuses, game-specific bonuses, payment processing option bonuses, new player bonuses, and the like routinely change.
They are all offered subject to management’s discretion, making our job all the more challenging as a bonus authority in the online casino arena.
Generally speaking, the best bonuses are the ones with the clearest terms and conditions, the lowest wagering requirements (if at all), and the widest possible coverage concerning casino games that you can play with the bonus.

The Utility Value of the bonus is based on individual player preferences. For example, a Free Spins Bonus is of little utility value to a player if the player is playing card games like Blackjack, Baccarat, or Three Card Poker. In much the same fashion, a Match Deposit Bonus with excessively high wagering requirements defeats the purpose of the bonus, to begin with. Assessing the utility value of a bonus requires segmentation of the market, according to player preferences.

Deposit or No Deposit Bonuses must be evaluated from a player perspective. Players who want the biggest possible bonus with the least input on their part will prefer no deposit bonuses over matching deposit bonuses. Free Spins offers and FreePlay offers have minimal requirements, but they may be specific to particular games.

Ongoing Bonuses or Once-off Bonuses must be considered too. We analyze bonuses according to how frequently they can be offered beyond a one-off offer. Welcome bonuses are usually once-off bonuses, but multi-deposit bonuses offer players matching bonuses on each of the first couples of deposits. These can be particularly useful to players who are high rollers.
The selection of one bonus over another is invariably based on subjective criteria by assessing a plethora of available options. Casinofy will now introduce you to the different types of online casino bonuses that are currently available.

The answer to this question depends on your preferences. Casual players and high rollers have different needs. The types of bonuses that each player prefers are contingent on a variety of factors. Let’s first consider casual players who don’t like to wager too much at online casinos and assess the suitability of specific types of bonuses:

• No Deposit Bonuses
• Match Deposit Bonuses
• Free Spins and Free Play
• Welcome Bonus Offers

High rollers have different requirements. They don’t mind spending more money at an online casino to get more benefits. As you progress through different levels of the high roller hierarchy, your bonuses and promotional offers improve accordingly. Here are some examples of the best online casino bonuses for high rollers:

• Exclusive Promotional Offers
• High Roller Bonuses
• Multi-Deposit Bonuses
• Premium Player Welcome Packages
• Monthly Promotional Offers

Your game preference and your budget are the most important determinants of the online casino bonus most applicable to you, some bonuses are not available for certain payment methods so this is something to consider as well.

Online casino bonuses and promotional offers are laden with fine print. Most people only pay attention to the offers themselves such as, ‘No Deposit Bonus’ or ‘50 Free Spins’ or ‘100% Match up to €200’, without paying any attention to the ‘Read More’ or ‘Terms and Conditions’ typically associated with these promotional offers. Casinofy identified several important Little Words that have a big meaning in respect of bonuses and casino promotions:

• Wagering Requirements – This is arguably the most important term that you will come across in respect of bonuses and promotional offers. The wagering requirement expressly states how much you must wager before you can cash out the winnings associated with your bonus. Online casinos would be bankrupt if they gave people bonuses, which were then cashed out immediately. A wagering requirement typically encompasses 25X – 45X the bonus + deposit. So, if you get a €100 bonus, you may have to wager €2500 – €4500 before you can cash out any winnings from that bonus.
• Game Contributions – another important point to bear in mind. Not every online casino game contributes equally to clearing the bonus requirement. You may see that certain games like blackjack count very little such as 5% or 10% towards meeting the bonus wagering requirements. This means that if you have a €3500 wagering requirement, you would have to wager 20 times more with a 5% contribution rate on blackjack than you would with a game with a 100% game contribution towards meeting the bonus. Typically, chance-based games like slots games meet the bonus wagering requirement dollar for dollar. If you are required to bet €2000 to clear your bonus, you can bet all of that on slots and have every dollar meeting the wagering requirement. Games with an element of skill such as video poker and blackjack are naturally much lower in the game contribution department.
• Deposit minimums – any match deposit bonus requires you to make a deposit with a certain minimum amount. For illustrative purposes, this may be €10 or €20. If you don’t meet the minimum deposit amount, you will not qualify for the bonus.
• Timeframe – you may be required to clear your bonus within a certain period of time. Otherwise, the bonus is rendered null and void. For example, the bonus terms and conditions may state that the bonus must be cleared within 15 days or 30 days.