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Best Online Casino Bonuses 2024
New and regular casino players might have noticed how there’s been an increase in the number of?casino online reviews?and websites. All these websites have different services and games, but have one thing in common – they all offer players different types of casino bonuses.
Get free spins when you join, use a deposit bonus when you deposit money, get a cashback bonus when you lose. There are a lot of online casino promotions you can use, and they all offer an advantage to you. It is possible to double your starting capital, spin the reels of your favorite slot machine for free, and even get partially refunded when you lose.
You might be wondering, why then best online casinos have a loyalty program and reward their members with loyalty points and other incentives. Don’t they suffer losses when they do so? There are different reasons why the gambling sites might decide to offer players the bonus money, but competition and their urge to attract more and more players to their sites can be attributed to being the main reason for the casino bonus offers.
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What Are Casino Bonuses?
Casino bonuses are a promotional tool, and they allow you to earn a gift for signing up or making a deposit. This gift can sometimes only be free spins. You can win them simply by signing up to the casino. Sometimes your gift is the match of your deposit. In welcome bonuses, a certain percentage (for example, 100%) of the money you deposit is defined as bonus cash to your account. Regardless of the type, casino bonuses always give you an advantage, provided they are selected and used correctly.
The online casino industry is supposed to grow over $20 billion by the end of 2020, and the result has seen thousands of sites coming up in a bid to get a share of this jackpot. They all want you to sign up at their website and become their loyal customer. This can be achieved by offering the most exclusive services and casino bonus codes.
In other words, there are a lot of online casinos and promotional offers out there, but only a limited number of customers. And offering the biggest online casino bonuses with no deposit will be the best way to lure new ones in because everybody likes to get freebies.
In this article, we focus on the best online casino bonus offers and how you can claim them. If you are a newbie, we’ve also shared a few tips to help you get the most out of the offers. Once you are done reading this article, you will learn everything you need to know about top online casino bonuses and find out how to use them effectively.
How to Find a Casino Bonus?
Finding a casino bonus is not a hard job. All online casinos (and we mean all – no exceptions) have some sort of bonus program going on. Welcome bonuses award your first deposit, reload bonuses match all of your deposits, free spins offer gives you spins free of charge to use on specific slot games, etc. The problem is not finding casino incentives. The problem is finding the best bonuses. And we are ready to help you in this regard. We pick the best no deposit bonus, match deposit bonus, and free spins offers for our visitors.
Types of Online Casino Bonuses and What You Need to Know about Them
There are different types of bonuses, and each one works a little differently. We are listing the most common types below.
- No Deposit Bonus: Just like the welcome package, this promotion is for new members only. Unlike the first deposit offer, however, you don’t need to make a deposit. As soon as you complete the registration, a couple of free spins or a cash balance is defined in your account.
- Free Spins: Most of the time, free spins are offered as a part of casino promotion, such as welcome packages and/or reload campaigns. For example, you make a deposit during the weekend and win 100 free spins to use on specific slot machines.
- VIP & Loyalty Programs: With your deposits and wagers, you can collect loyalty points, which are known as “CP.” These points can be used to gain a level in the loyalty program and unlock exclusive offers. You can even convert them to real money.
- Referral Programs: If a friend of yours joins the online casino by using a referral link of yours, you can win a small portion of his/her deposits.
Welcome Package
Just as the name suggests, it’s offered as a way of welcoming you to the gaming site. It’s usually offered as a percentage of the first deposit that you make once you’ve created an account online. For example, the offer may look like this: 100%, up to $500 + 50 free spins to play Starburst and Arabian Nights video slot game. This means that if you deposit, let’s say, $100, it will be matched by another $100, so you’ll have $200 on your casino balance to start playing with. This type of reward is a deposit bonus.
Top online casino free spins bonuses usually fall into this category because, as explained above, casino operators try to lure new customers by giving them high match rates for their first deposit. While this rate is usually 100%, it is even possible to find 500% match offers. Here is a welcome bonus example to show you how it works:
“100% match, up to 100 USD + 200 free spins”
Now, this offer means three things:
- The match rate is 100%. In other words, the casino operator will match your first deposit by 100%. If you deposit $20, for example, you will get another $20.
- The maximum bonus is $100. The casino operator will stop matching your deposit amount after reaching this limit. So, even if you deposit 200 USD, the bonus will still be $100. Learning the maximum bonus limit is important because it shows what amount of your first deposit should be.
- To sweeten the deal, the operator has added a casino bonus free spins too. This is not mandatory, of course – most of the time, matching the deposit amount will be the only benefit you get. But if you are also getting free spins, that offer should be prioritized.
Reload Bonus
This is part of the ongoing casino promotions. Just as the name suggests, the reload offer ensures that you are rewarded any time you make the next deposit at the site. Just like the welcome offer, the reload one comes with a percentage of the amount of money that you deposited. For instance, you might be offered a 50% match-up on your subsequent deposit up to a maximum of $100. Since the reload bonus is part of an ongoing promo, it tends to be lower than the welcome offer.
The most important aspect of a reload bonus is that it can be used more than once. Usually, you are given some bonus codes to activate the offer every time you fund your casino account. The welcome package will offer higher match rates and add free spins on top, but there is a catch: it can be used only once. Reload bonuses, on the other hand, include lower match rates, but they can be used every time you make a deposit. So, they are an ongoing advantage, and in the long run, they award you more than welcome packages. Once again, they will require completing a wagering requirement too.
Cashback
What is cashback? This is actually a quite advantageous campaign and maybe the best online casino bonus. As the name suggests, this promotion refunds a certain percentage of your losses on a regular basis, usually every week. This time, the casino operator does not award your deposits; instead, it offers a consolation for your losses. This promotion is usually active during the weekend and refunds, for example, 25% of your weekly losses on Monday. So, if you lose 100 (USD/CAD/GBP/EUR), for example, you will get $/£/€25 back. And the best thing is that cashback does not always require to meet a wagering condition. The refunded funds are yours to use immediately: you can use them to play games or withdraw.
Comp Points
Also referred to as the loyalty points, comp points are a way of being rewarded for choosing to play at the site. How do you earn the points? Simple, every time you play a real money game, you participate in the loyalty program, and the casino awards you with points. For example, for every $10 you spend, you earn 1 point. Once you’ve accumulated the required number of points, you can redeem them for real money.
All these are some of the popular types of rewards that you will be offered across different casinos. One important thing to note is that the VIP club members and regular players have different offers. While one may only receive 1 point for every $10 wagered, VIP players may receive 2 points for the same.
And speaking of VIP players, know that there are multiple loyalty/VIP levels too. Comp points also allow you to increase your level – allocating 1000 comp points, for example, will raise your rank from “silver” to “gold”. Such advancements are important because you will be getting personal and exclusive offers with each rank/level. For example, you may get a personal account manager, increased withdrawal limits, faster financial transactions, and personal cashback and deposit bonus offers.
Refer a Friend Bonus Offer
If you refer a friend and he/she signs up through the given link, you will be rewarded. As a rule, you can get a cash bonus (around $/£/€50) once your friend makes his/her first deposit.
Special Offers
These are dedicated to different events, usually holidays and sports events in the USA, the UK, Canada, or other countries in the world. Special offers run from a few hours to a couple of days. To diversify the offers and create a festive atmosphere, casino operators make exclusive offers for Christmas, New Year, Easter and other holidays. Also, you can expect special offers dedicated to football matches, car racing, or other sports competitions. The bonus codes for them are sent to casino members in newsletters or can be activated for you by the customer support representatives.
Tips About the Latest Casino Bonuses
For new players, it’s important that you understand a few things before you can redeem the bonus money. For those regular players who have never had the time to go through the T&Cs, these tips will also help you get the most out of casino bonus offers.
- Subscribe to newsletters after becoming a member of an online casino. Doing so will ensure that you will be constantly informed about the latest casino bonuses and advantageous deals.
- Check for the bonus codes. Some of the casino promotions require using a coupon code. For example, in order to activate a deposit bonus, you may be asked to enter the bonus code during the registration. Or, you may need to enter a coupon code during the deposit, to activate the offer. If this is the case, make sure you are using active casino bonus codes. They all have a time limit and should be used before that period is over. Check our recommended casinos list: we always list the newest bonus codes too.
- Do not get fooled by high match rates. A 500% match offer may sound awesome, but what about its wagering rate? Such an offer means you will be getting 500 USD in exchange for a 100 USD deposit, and that’s fine. But if the wagering rate is 60x, for example, you need to wager 6000 USD first. This is a big figure and will take too long to complete, so that bonus may not be that good at all. Instead of the percentages, check the terms & conditions.
- Make sure your country is covered. You may be accepted to an online casino as a member, but this does not mean that you will be able to use the bonuses too. This is an issue, especially for the best free spins offers. If the provider of the slot game where the spins will be used does not support your country, you will not be eligible for that bonus. Netent, for example, limits its game collection for a couple of countries, and Starburst is a Netent slot machine. If your free spins offer is usable only on Starburst, and your country is restricted by Netent, this bonus won’t be any use to you. There can be special offers for Canadian players, but the UK players won’t participate in the promo, for vice versa.
- Read Terms and Conditions. If you are new to the industry, it’s highly recommended that you read the terms and conditions before you can claim any form of bonus money. Terms and Conditions usually spell out all you need to know about the bonus and therefore enabling you to plan accordingly towards settling the wagering requirements.
- The fewer the restrictions, the better. Some online casinos limit the usage of your bonus funds with a couple of games and/or providers only. So, even after unlocking it, you won’t be able to use your bonus to play any game you want: You will be restricted by the casino operator’s terms. As can be guessed, such restrictions are not good. Pick promotions that do not limit your gaming experience in any way.
- Bonuses do not stack. You cannot benefit from two different offers at the same time. For example, a reload bonus won’t be available to you until you complete the wagering requirement of your welcome bonus. Trying to use two of them at once is a breach of terms & conditions, and the casino operator may ban your account. So, don’t do that. This also shows the importance of picking a welcome bonus with low wagering rates: they will be completed much faster.
- Be aware of the wagering requirements. These are things that people most often ignore, only to regret later. Wagering requirements simply refer to the number of times you have to play through your bonus before redeeming it. It is the total amount of real money that you have to spend on the bonus before you can actually withdraw it or redeem it. We’ll explain it below in detail.
- Keep track of the expiration date. This is the date when the bonus is set to expire. It’s normally included in the terms and conditions section. This is important as it enables you to evaluate whether or not the offer is viable. For example, if you are awarded $50, and you have to meet a wagering requirement of 40x within 30 days, then this reward is not viable. It won’t make sense to spend $2000 just to claim $50 in 30 days. It will, however, be viable if the wagering requirement is set at say 25x.
Are Casino Bonuses Withdrawable?
It depends on the website where you are playing your games from. Some gambling sites allow you to withdraw the bonus, while others don’t. The sites which offer you the opportunity of redeeming the bonus money are mostly those that have a well-established player base and can afford to pay out the money in cash form.
For those that can’t afford to pay out, they will mostly allow you to use the money to play real money games and access other services. In the process, you can win real money and withdraw it then.
All in all, most casino bonuses, especially deposit ones, are cashable, but to do so, you need to meet the requirements mentioned above. Also, note that any promotional offers tend to change from time to time. For this reason, we, at Slotozilla, have a list of the best bonus offers at the most trusted casinos, which we regularly update and extend. Check it out for the best deals!
You Should Always Read the Terms and Conditions of Casino Bonuses
If you want to take advantage of the best bonuses out there, you should start by reading the terms and conditions of these promos. There is no such thing as free money. Casino bonuses will always have some conditions to fulfill. And by reading the terms and conditions of them, you can learn what to expect and what to do.
What Is the Wagering Requirement?
Wagering requirements are a part of every casino bonus – maybe the only exception is the cashback offer. Other than that, your casino incentive (whether it is a deposit bonus, match deposit, or free spins offer) will always have a wagering requirement. This means you are required to wager a certain amount of money in order to use and/or withdraw the bonus money. Until wagering requirements are complete, your bonus funds will be locked.
We have mentioned the wagering requirement in this article several times, so it is time to explain what it is. First of all, all the casino bonuses require completing wagering. This requirement makes sure that you stay as a member for a long while and keep making deposits – that’s the whole purpose of it. If there was no wagering requirement, players would simply “grab” the money and run. In order to prevent that, the operators use this practice.
This requirement asks you to reach a certain wager total, which is determined according to your bonus amount. It is shown with a multiplier and looks like this, for example: 20x. This means you need to wager this amount 20 times in order to unlock the funds. Here is a simple example:
- You have got 100 USD as a welcome gift, and the wagering rate is 20x.
- Your bonus funds will be credited to your account immediately after the deposit, but they will be “locked”.
- Once you wager 2.000 USD (20 x 100), they will be unlocked and become withdrawable.
By the way, wagering means depositing money and spending it on games. In the example above, crediting your account with 2000 USD won’t be enough, you must spend this amount, play it through. Each online casino has a different wagering rate. The lower it is, the better. Big wagering rates will take too long to complete. And until the requirement is complete, your account will be restricted on multiple levels, such as:
- You won’t be able to place a wager higher than 5 USD on all games. This figure may be different at each online casino, but it is usually 5 USD. So, for example, to wager 2000 USD, you need to place 400 bets, separately.
- You won’t be able to make a withdrawal.
- You won’t be able to play a game other than slot machines: you can play all the games at the casino if they are not restricted to this bonus. But only the slot machine wagers will contribute towards the requirement. All other games will contribute much less or none. So, until the wagering is complete, slots will be your best friend.
- There may be a time limit to complete the rollover, i.e. 30 days. If you fail to complete it within this period, your bonus will be deleted from your account automatically.
Note that this is general information about wagering requirements. Some casino sites may apply them differently or include additional terms. For example, we have seen online casinos that ask you to wager the total deposit amount + bonus, instead of the bonus only. Carefully read the bonus terms to see what the deal is.
There Can Be a Limit for Your Winnings
Another thing to look for in terms and conditions is the winnings limit. In general, you are allowed to use your bonus money on any game you want, and if you win a prize, it is yours to keep. However, there may be a limit on how much you can win: Check the terms and conditions to see if there is a limit or not.
You May Have a Betting Limit During Bonus Wagering
There will be a maximum limit for your bets most of the time until bonus wagering is complete. Usually, this is 5 EUR/USD, but it can be higher or lower, depending on the online casino. No matter what game you play, you will not be able to place a bet higher than this limit until bonus wagering is done.
Bonus Offers Can Contain Additional Restrictions
- You may not be allowed to make a withdrawal until the wagering requirements are complete.
- Wagering requirements may only be completed by playing a certain kind of game (usually, it is slot games).
- Your wagers on other games won’t contribute to bonus wagering (or contribute very low amounts). You won’t be able to use another bonus until you complete wagering requirements.
Finding the Real Value of Casino Bonuses
To find the real value of casino bonuses, you need to calculate how much you need to spend in order to unlock the bonus funds. Casinos give bonuses, not for free. You always need to wager a certain amount of money first. And if you are required to wager too much money, the bonus itself can become pointless. We are giving two examples below. In both, your casino bonus is 100 EUR/USD.
- If the bonus wagering rate is 20x, you need to wager 2,000 EUR/USD (20 x 100) to use 100 EUR/USD.
- If the bonus wagering rate is 40x, you need to wager 4,000 EUR/USD (40 x 100) to use 100 EUR/USD.
Best Payment Options to Claim Online Casino Bonuses
If you are using welcome or deposit bonuses, you need to deposit cash, by definition, to activate them. In this regard, some payment methods are better than others, and we recommend starting with the following:
- Credit Cards: VISA or MasterCard will be fine. Credit card transfers are instant and free of charge.
- E-Wallets: PayPal, Skrill, Neteller, ecoPayz: There are dozens of e-wallet services you can use.
- Bank Transfers: While it is slower and costs more than others, bank transfers offer more security and reliability.
Claiming Bonus Offers at Online Casino Sites
Claiming casino bonuses is not that hard, but the things you need to do depends on whether the offer requires a deposit or not.
If it is a no deposit bonus:
- Taking a casino bonus has never been this easy: Simply fill out the membership form.
- Log in with your credentials. Your casino bonus will be waiting for you. It is automatically activated.
If it is a deposit bonus:
- Once again, fill out the registration form and become a member.
- Check the current promotions page to find out the minimum deposit limit to activate the welcome package.
- Make your first deposit according to this limit.
- Your welcome bonus will be activated automatically.
How Do We Pick the Best Bonuses?
There are many criteria we use to select the best bonuses, but the most important of them are:
- We examine the bonus options available to both new members and existing members. In other words, we make sure that casino bonuses are satisfying and advantageous for all members, not just new ones.
- We analyze the bonus terms and wagering requirements in detail. We make sure that the casino bonus offer is fair and worth your time. If there is a huge difference between the money you have to wager and the bonus itself, we do not recommend that casino (or its bonuses).
The Future of Casino Bonuses
We do not think there will be a significant change in the near future. Deposit bonuses and welcome packages (and spins attached) will always be available. But one of the new trends is no deposit bonus offers that have no wagering requirements, and we expect their number to increase. You do not need to complete the wagering in these casino bonuses, but there is a maximum cashout and/or withdrawal limit.
Why Do Casinos Offer a Bonus?
Casinos offer various bonuses in order to gain new customers. In other words, they are just a marketing tool, trying to convince you to join the casino. With a welcome bonus, you can match your first deposit. With a no deposit bonus, you can win free spins simply by registering. You just need to sign up with a casino and/or make a deposit. You will get a bonus for it.
Start Playing with the Best Bonuses Right Now
You can start playing with the best bonuses possible right now. Our job is to find the most advantageous casino bonuses for you, and we are exceptionally good at it. We make sure you enjoy the best possible promotions on both deposit bonuses and match deposit offers. Stay tuned and always play with the most beneficial casino bonuses!
FAQ
How Do I Activate a Coupon Code?
To redeem a bonus, you need to insert a bonus code in the dedicated section in the Cashier. Once you make a deposit, the bonus will match it automatically.
How Can I Get A Cashback Bonus?
No all players are eligible for cashback. To avail it, you are supposed to lose your deposit(s) before. Usually, it's credited to your account once a week, if your playable balance is zero, but only in case if you lost it, not withdrew. According to your VIP status in the casino, the cashback percentage may vary from 3% to 20%.
Where Can I Find the Latest Casino Bonuses?
There's no need to go far and wide - just choose them from our regularly updated list of the top online casino bonuses.