Online casinos use bonuses to help bring in new customers. They do this in the hope that once a new player gets a taste of their casino they will keep playing. Experienced players look for these bonuses. There are differences between no deposit bonuses, sign up bonuses, reload bonuses and referral bonuses and each player should know the differences and how each bonus works.
Online casino sign up bonuses are offered to new players when they sign up and make their initial deposit. The amount of the bonus varies from casino to casino. No deposit bonuses are small bonuses that are given for creating an account. These bonuses are usually $5 or $10. You cannot withdraw these bonuses but you can use them in the casino. Once you have made an actual deposit you will be able make a withdrawal. Most sites match a percentage of your first deposit. This match will range from 10% to 100% and have a cap. The most common first deposit bonus right now is 100% up to $100. So, if you deposit $100 you will have $200 in casino credit. These bonuses are not always automatic so you will need to pay attention to the fine print.
Sign up bonuses are not just free money. The bonuses are entered into your account as bonus points; you will need to gamble a certain amount to turn these points into cash. It is actually pretty simple and these are just safeguards against people trying to sign up and just taking the bonus without risking their own money. Information about how much a new player needs to wager prior to withdrawing the sign up bonus can be found on the online casinos website. If you look under wagering requirements there will be a detailed explanation of how to make a withdrawal of bonus money. It will also tell you how many times the money needs to be rolled over. If the bonus is $25 and it must be rolled over 10 times before it turns to real money, the player must make at least $250 in bets before it becomes cash.