Best Casino Bonuses: All You Need To Know
Best casino bonuses in a nutshell
There are many different types of casino bonuses available and we admit that finding the right bonus for you can be difficult. In short, there are two types of bonuses; deposit bonuses and no deposit casino bonuses. However, if finding the best casino bonuses yourself is too complicated, you can always visit the Veritop site to choose from selected casino bonuses.
Best casino bonuses no deposit required
Casino bonuses that require no deposit are rare these days, especially for new customers. However, some online casinos still offer such no deposit bonuses today. They are usually free spins or free bets on bets.
Free spins with no deposit are the best casino bonuses available
Free spins with no deposit are a bit of a dying trend due to the fact that they come at a cost to online casinos. Many players take advantage of them without ever making a deposit. That’s why there are only a few online casinos offering them. Free spins are bonus spins paid by the house. This means you can try your luck on a particular slot without making a deposit.
Usually, these bonus spins are with the lowest possible stake. If you win on these spins, you usually have to spin, i.e. wager your winnings a certain number of times before the play money turns into real money. However, free spins can be used to win money as if you were playing with your own money.
Free betting bets without deposit
Of course, there are no free spins in betting, the equivalent term is the free bet. However, the principle is the same, i.e. you get free play money to bet on the house. If you win, you keep the winnings and the original bet is usually taken out of the winnings. However, even winnings from free bets usually have a certain wagering requirement before you can withdraw the funds.
Deposit bonus is the most common casino bonus
Deposit bonuses are by far the most common way casinos reward new players. A deposit bonus means that you get some free money when you make a deposit with your own money. In many cases, the amount of the deposit bonus is expressed as a percentage up to a certain amount. In other words, you get a certain percentage of your deposit as bonus money from the online casino.
In most cases your first deposit will be doubled, the maximum bonus amount varies from casino to casino. Some online casinos give bonuses of up to a few thousand. If your first deposit is doubled it means that you get a 100% deposit bonus.
Some casinos offer a 200% deposit bonus which means you have triple the bankroll to start with. So if you deposit £100 and get a 200% bonus, you’ll get £200 from the online casino and have £300 to play with.
Best deposit and casino bonuses
As mentioned earlier, casino bonuses do not have rules defined by law. That means that deposit bonuses can come under any conditions. The biggest deposit bonuses are not necessarily always the best ones.
“The best casino deposit bonus comes with the lowest possible wagering requirement.”
The best option is to try to find the biggest possible casino bonus with reasonable wagering requirements. We will come back to the wagering conditions later. The rules and conditions may also specify a maximum bet size. If that maximum is higher than your normal stake, this is not a problem. But you should always check this before claiming your bonus.
Cashback casino bonus
Cashback bonuses are bonuses that give you back some of your recent losses. This cashback can come with a certain wagering requirement or in pure cash. Of course, the best casino bonuses come with no wagering requirement. In fact, the trend today is for cashback bonuses to come with zero wagerings or just a one-time wagering requirement. However, this varies from one online casino to another.
The amount of cashback is usually expressed as a percentage of losses over a certain period of time. The most common is 10% cashback, but yes they can go up to 20%.
British casino bonuses
Many countries have their own country-specific regulations regarding casino bonuses. Sweden, for example, has strict rules on how often and how big bonuses can be given by gaming companies. Swedes are only allowed to claim a bonus on their first deposit and there are no additional bonuses after that.
In the UK, however, there are no restrictions when it comes to bonuses. And this is a very good thing for us. Casino bonuses can in principle be of any amount. The wagering conditions can also be of any kind, which means that you can also get completely clean cash without wagering.
Various online casino bonuses
Since there are no restrictions on casino bonuses in the UK, we are usually offered a wide variety of bonuses. The most common ones are deposit bonuses, free spins, free bets, and cashback bonuses. However, casino bonuses are a way for online casinos to stand out from the crowd.
This is why they can be basically anything and why online casinos are competing to see who can come up with a new type of casino bonus to capture market share. The latest bonus we’ve seen is a cashback that is calculated on every bet. It means you can earn bonus points or completely free play even if you win.
Casino bonus and a wagering requirement
Of course, online casinos are not charities, so casino bonuses are by no means free money. There are exceptions, of course. Especially for new customers, the casino offers usually come with a wagering requirement. The best regular customers or VIP players can also receive online casino bonuses without wagering. Let’s look at these in a moment.
Wagering conditions or wagering requirements are usually expressed as a multiplier on either the bonus or deposit amount. For example, casinos will state that the casino bonus must be wagered 35 times. If you get a £100 bonus from them you have to wager £3500. As a new casino player, this can be a little difficult to understand. But consider that sometimes you win money and sometimes you lose money. This means that your total bets could well exceed that £3500, but of course, that also requires winnings.
Some online casinos indicate the wagering requirement at a certain multiplier on the deposit and bonus. These are usually less favourable casino bonuses for you as a customer. Consider if you deposit £100 and receive another £100 from the online casino.
If you have to wager your deposit plus a bonus thirty-five times, you will have to play for a total of £7,000. Only then can you withdraw your winnings. This is why casino bonuses where the wagering is only calculated on the free money are more advantageous for you.
The best casino bonuses come without wagering
We argued earlier that sometimes casino bonuses can also come without a wagering requirement. This statement is true. The best casino bonuses always come without a wagering requirement. Usually, these no wagering bonuses are only available as a returning customer. We have yet to come across an online casino that offers a welcome bonus with no strings attached. In practice, these become too expensive for casinos.
No wagering deposit bonus
The no-win deposit bonuses are not unprecedented. They are available to you as a customer after you have been a customer at a particular casino for some time. It means that you make a deposit and get a certain percentage of clean money on top of it. Not bad at all.
Free spins without spins
Free spins are also available without wagering and this is actually not as uncommon as with deposit bonuses. Free spins with no wagering are also available as part of the welcome offer. Bonus spins are usually cheaper for online casinos and they can determine the stake at which they come. This allows them to at least eliminate some of the risk, which is why they are more common than no-win deposit bonuses.
In short, you get to keep any winnings that come from free spins without spinning. You can of course withdraw these winnings immediately if you wish.
Casino bonuses at online casinos without an account
Many new online casinos nowadays are ones where you don’t need to register. These no-account casinos work by allowing you to create an account simply by making a bank deposit. You then accept the deposit with your bank details and all the necessary information is automatically transmitted to the casino. So you don’t have to do anything, everything happens automatically.
Online casinos without registration also offer casino bonuses, but not necessarily always. So you should check this before making a deposit if casino offers are to your liking. Some of these no-registration casinos also offer ongoing bonus programs. This makes claiming casino bonuses as easy as creating the account itself.
Casino bonuses pros & cons
All players are different and that’s why it’s a good idea to familiarise yourself with the bonus terms and conditions before choosing the best casino offers for you. Some players don’t like the fact that their own money is locked into a wagering requirement. Others like the idea of starting with a bigger bankroll and increasing their chances of winning. So you should think carefully about what’s right for you and what you like. Here’s a list of the pros and cons of casino bonuses.
- you play for free money
- bigger bankroll
- play longer with the same deposit amount
- increase your chances of winning
- you lock your own money into circulation
- you can’t necessarily play for high stakes
- not all games may not spin the bonus
Casino bonuses for regular customers
Once you have been playing at the same online casino for a while, you can become part of their loyalty or VIP program. The amount of play varies between online casinos, but usually, the online casino bonuses get better as you play. In other words, the pros of casino bonuses outweigh the cons. The casino bonus and the terms and conditions associated with it are improving.
You might even get some real money to play with on the house. Not to mention the trips and events you might get invited to. So as a player, you should concentrate your gaming at one or just a few online casinos. That way, you’ll be able to join their loyalty program faster and more securely.
Summary of casino bonuses
Online casino bonuses are a way for gaming companies to reward their players. As a player, you can either play for free or you can start playing with a bigger starting balance. Casino bonuses come in many different forms, but the most common is the welcome package deposit bonus.
As a new customer, you can also often receive free spins, either with no deposit at registration or after your first deposit. Please read the terms and conditions carefully before claiming a casino bonus, as bonuses vary.