Playslots Casino: Increase your rewards with casino bonuses!

Casino bonuses are incentives given by online casinos to their players. Usually these perks can be given throughout different stages of the player’s duration of using the site. Most of the common bonuses you can encounter are first deposit, reload bonuses or loyalty rewards. However, in some cases, they offer seasonal bonuses through promotions and weekly offers that players can participate in. 

Online casinos give bonuses to players to attract them to keep playing. Here at Playslots Casino, we will give you a quick runthrough of everything you need to know about casino bonuses! 

Types of casino bonuses

There are various types of bonuses that can be found in online casinos. Here are the most common types of incentives you can encounter when playing:

Welcome bonus 

The welcome bonus is one of the most popular incentives offered by casinos. There are two types of welcome bonus: the no deposit bonus and the incentive you receive when you place your first deposit. In some cases, the welcome bonus can be applied to succeeding deposits as well.

Cashback offers 

A cashback bonus means that you can get some of the wagers you lost. However, one thing you need to note about this incentive is that you need to fulfill a certain amount of time to use up all your bonus. When you activate this, you can receive a certain percentage of your wagers to increase your bankroll.

Deposit Bonus 

As the name suggests, the deposit bonus is an incentive that you can receive when you place a deposit. In availing this, the amount you receive depends on the initial wager you place.

Free spins bonus 

Free Spins are usually offered for slot games so instead of giving you cash, you can receive free spins without spending a dime. The payouts you receive can accumulate and be used in other games in the casino.

No Deposit Bonus 

A no deposit bonus is an incentive that gives you credits that you can use to play in the casino. Usually, a no deposit bonus doesn’t require you to place an initial fee. Once you sign up and claim the bonus, the funds will be instantly loaded into your account.

Match Bonus 

A match bonus is determined by the initial amount you deposit. For example, if your casino gives you an offer of a 100% match bonus of up to $100, you can receive an incentive everytime you make a deposit that can be up to a maximum of $100.

Free Chip Bonus 

A free chip bonus is something similar to a deposit bonus that you can claim upon signing up. Once you receive your free chips, it can be used in certain games.

High roller bonus

A high roller bonus is an incentive for players who like placing high stakes and big deposits in casinos.

Reload bonus 

A reload bonus is only available to players who are already registered in the casino. To activate this incentive, players must renew their deposits. Bonuses such as match, free spins, and other promos can fall under the reload bonus.

Loyalty / VIP bonus 

The loyalty / VIP incentive is only available to consistent players in the casino. Usually, loyalty bonuses also come with perks such as access to private tables and other incentives. This is often available to high rollers playing in the casino.

Weekly and monthly bonus or promotions 

To keep casino patrons hooked, some sites feature weekly bonuses and promotions that players can participate in. Usually, the amount offered is the same but this depends on the theme and mechanics of the game. Additionally, these promotions can be available during special events and holidays.

Game-specific Bonus 

A game-specific bonus can only be found in games that they are assigned to. One example is the Free Spins, which are only for slots. Similarly, a roulette bonus can only be applied to roulette games. What makes these bonuses more exciting is that they give you better odds and higher matches that can significantly increase your winnings.

Refer-a-friend-bonus 

The refer a friend bonus is a thrilling incentive for players who can invite their friends to play in the casino. Usually, casinos give this bonus to the player and the referee once they make their first deposit.

Birthday bonus 

A birthday bonus is an incentive for players celebrating their birthday. To make players feel extra special, casinos give this incentive without having to make a deposit or fulfill any wager requirement.

Device-specific bonus

A device-specific bonus is an incentive that you can receive when playing on certain devices. Mobile phones and tablets can be used to claim this bonus.

Exclusive bonus

An exclusive bonus is an incentive that is only available in the casino that you’re using. Usually, they have promotions that you can claim by inputting a code.

Live dealer bonus 

Live dealer bonuses are specific to live dealer games only. If you love playing live dealer games, you should definitely check these bonuses out.

Bonus code 

A bonus code is an incentive that you can claim when you enter the code from the casino. If you’re a new player, you can find the code at the end of your sign up on the site.

Once you’re a member, you can regularly receive bonus codes that you can use to unlock offers that are only available for players in the site. Usually bonus codes can be applied to Free Spins and Free Play in games.

Casino bonuses: How do they work?

Casino bonuses may seem like a simple concept, but there are other things that you need to understand to fully maximize then. If you think bonuses are just for claiming, think again. Some online casinos have terms and conditions that you need to fulfill in order to make use of your incentives. Here’s a quick runthrough of how casino bonuses work:

Low / No Deposit Requirements 

Some online casinos offer bonuses that you can claim when you place a deposit. For deposit incentives, you need to take note of the initial deposit amount you make. For example, if you place $50, you will receive $100 in return. 

Meanwhile, in no deposit bonuses, you can opt not place an initial deposit. However, the casino might ask you to do it later to fulfill your wagering requirements.

Betting limits

Aside from game-specific bonuses, there are also casinos that impose a betting limit per spin. In some games, you won’t be allowed to wager on more than $5 for every spin. Online casinos do this to make it more challenging for players to activate the maximum payouts when all the paylines are activated. 

Read through the game and find out the betting limit to know what’s the maximum lines you can bet on. 

Wagering requirements 

A wagering requirement is the set amount of money you have to wager in order to claim your bonus. Usually, you can find the requirements presented in percentage format. Before you access your incentives, you need to read the qualifications to be fulfilled.

Watch your winning limits

Some online casinos place limits on the number of winnings you can take home while making use of your bonus. You can either find this in no deposit bonuses, match bonuses and multipliers. While many casinos put a winning cap on these bonuses, they still allow players to win progressive jackpots.

Be wary of time limits

Some online casinos offer bonuses that run on a time limit. This means that they have an expiration date and you need to use them before they become void. The limits vary, depending on the bonus you want to claim. Some can last a few days, others can last a month. Regardless, you have to be aware of these things if you want to fully maximize your wagers. Read through the terms and conditions if you want to make the most out of your funds.

Payment methods you can use for casino bonuses

Online casinos allow players to use different payment methods to claim their bonuses and make deposits and withdrawals. Depending on your preference, there is a payment gateway that will allow you to settle your transaction smoothly. Here are some of them:

Credit and debit cards 

Most online casinos allow players to settle their transactions through this method. However, this method is not really ideal for withdrawals. In some banks, transactions related to gambling are frowned upon, so it’s difficult to process your payments. Additionally, sensitive details such as account number and name will be needed, so if you’re someone who values privacy, this method is not for you.

If you don’t have options, you can always create a separate account made exclusively for your gambling. Check in with your bank and see if they welcome casino-related transactions.

Prepaid cards 

Prepaid cards are good payment options for depositing funds. But you should take note that not all online casinos accept this method for withdrawing your funds. Using prepaid cards for withdrawals is only possible if you have it linked to your bank account. If you’re looking for a card you can use for transactions, Paysafe is widely used by players. 

Ewallets 

E-wallets are one of the fastest ways to settle your transactions in online casinos. They can be used to store funds and payments at the same time. Moreover, they can be used for both withdrawals and deposits. 

In some casinos, they also offer bonuses depending on the e-wallet you’re using. Some of the most common wallets you can use is Skrill and Paypal. Take note that not all e-wallets are eligible for promos and bonuses. 

Cryptocurrency 

Cryptocurrency is a payment method that’s slowly being integrated into online casinos. While other casinos still stick with traditional payment gateways, there’s no denying that digital assets are at the forefront of innovation in the gambling industry. 

It can be said that cryptocurrency is the best friend of gambling. With little regulations and requirements, digital assets can be used in online casinos without worrying about third party interventions. Additionally, fees are lower because no central authority controls cryptocurrency. 

What’s more exciting is that there are bonuses specific for cryptocurrencies from online casinos. Bitcoin, Ethereum, Litecoin, and Ripple are some of the most popular assets you can try. 

Money transfer

Money transfer is a traditional way of settling casino transactions. Usually, this process entails bank transfer, wire transfers, and other systems used by your bank. However, you should note that this takes time and if you’re in a rush, you’ll probably wait 3 to 4 working days to receive your withdrawals. 

Timeline of the bonuses you can receive in online casinos

Beginners and experienced players still have a difficult time determining the timeline of how casinos give out their bonuses. So, if you want to fully understand how casino bonuses work, here’s a simple diagram that will show when and how you will receive your incentives:

Step 1: Registration bonus 

This is the incentive you receive upon signing up in the casino. This bonus is exciting because you don’t need to place a deposit just to claim it. Usually, this comes in the form of Free Spins or free chips. 

Step 2: 1st Deposit Bonus

You’ll receive this incentive upon placing your first deposit. You can receive a huge welcome bonus that will match your deposit up to $100. However, it can also be in the form of Free Spins. 

Step 3: Receiving other welcome bonuses 

After the deposit bonus, you can receive several other bonuses that can last up to your 5th deposit. 

Step 4: Weekly offers 

These incentives are given weekly. You can usually receive free spins or mobile bonuses, depending on the casino you’re using. 

Step 5: Tournament

A tournament is similar to a promotion that you can participate in. This can be held monthly or bimonthly and give you exciting prizes when you win. Essentially, the prize for the tournament is the accumulated wagers of the participants. Your status depends on where you are in the leaderboard.  

Step 6: VIP programs and offers 

This bonus is applicable to players who have been using the casino for a long time. If you’re a high roller and have been using the site for some time, you can receive an invitation to become a VIP. If you accept, then you can receive various benefits and bonuses for VIPs.

Step 7: Seasonal offers

As the name suggests, seasonal offers are bonuses given to players during special events. Bonuses such as birthdays, Christmas, and other holidays.