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Types of online casino bonuses

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Types of online casino bonuses

Every online casino provides users with unique bonus offers. Generally, these bonuses are available to new and existing users.

There are many types of online casino bonuses available, all of which can be hugely beneficial to casino players.

Here, our experts provide information on the various online casino bonus offers available in 2024. We’ll explain how each of these bonuses work, and provide some insight into their common terms and conditions.

Those new to online casino gambling likely will be astounded to find how many bonus offers are being offered today.

Most of them can be claimed without the need for any real casino bonus codes. Every offer is different, yet nearly all of these online casino bonuses can be claimed in only a few minutes.

Continue reading to learn about the unique types of online casino bonus offers available to claim today.

What are online casino bonuses?

Casino gambling has been hugely popular around the US for decades. More recently, online casinos have begun to explode in popularity. At least part of the reason for this is the unique online casino bonuses these platforms offer.

These bonuses are, at their core, a way for the best online casinos to attract new players and retain their existing user base.

The most popular online casino bonuses are known as welcome bonuses.

These are only available to new, first-time members of an online casino. Welcome bonuses can vary and often come in the form of a first deposit match bonus or a “No Sweat” bonus, in which players earn money back on lost wagers.

Nearly all reputable online casinos provide bonuses to their existing players, too. These can include deposit bonuses, free spins and more.

Online casinos never simply give away money for free. All online casino bonuses come with clear terms and conditions that help to guarantee the House likely still will turn a profit.

That includes a playthrough requirement, which requires players to wager a certain amount of money before any bonus funds can be turned into real, withdrawable money.

Online casino bonuses: Different types explained

Online casinos have evolved significantly over the past couple of decades. As these platforms grow, so do the bonus offers they provide to players.

There is a massive variety of these offers available, each of which can be hugely beneficial for players.

Learn about some of the most popular types of online casino bonuses below:

Welcome bonuses

Perhaps the most common welcome bonus offered by online casinos is a first deposit match bonus. In most cases, this is a 100% match bonus on a new member of an online casino’s first deposit, up to a certain limit.

Welcome bonuses also can come in the form of free spins. Occasionally, an online casino will offer a no-deposit bonus, too.

Below is a table that highlights several of the top online casinos in the US and their current welcome bonus offers.

Online Casino Welcome Bonus Bonus Code
FanDuel Play $1, get $100 in casino bonus FanDuel promo code (no code required)
BetMGM 100% first deposit match bonus up to $1,000 + $25 no deposit bonus ALCOM
Caesars Palace 100% first deposit match bonus up to $2,500 + 2,500 Reward Credits ALCOM2500
DraftKings Play $10, get $100 in casino credits DraftKings Promo Code (no code required)
Golden Nugget Spin for a shot at $1,000 in casino credits + deposit match up to $1,000 in casino bonus funds Golden Nugget Promo Code (no code required)
Fanatics Deposit $5, get $50 in casino credits Fanatics Casino promo code (no code required)
betPARX Earn up to $1,000 in bonus bets on your lost wagers betPARX promo code (no code required)
Play Gun Lake Bonus back of up to $1,000 Play Gun Lake promo code (no code required)
Horseshoe Get a 100% bonus back up to $1,250 ALCOMGOLD

No deposit bonuses

No deposit bonuses are far more rare among online casinos. As the name implies, these are bonus offers granted to players without the need for a first deposit.

These bonus offers typically come with fairly restrictive terms and conditions. Online casinos do not want to simply give away money for free, and players are likely to find large playthrough requirements attached to these offers.

BetMGM Casino is one of the few online casinos offering a no deposit bonus. It provides its new users with $25 in casino credits, simply for making a new account.

Deposit match bonuses

Deposit match bonuses are very common. These bonuses provide players with an added boost to whatever they deposit into their account. This offer is usually attached to the first deposit players make into their accounts.

It’s fairly common for deposit match bonuses to be offered to existing players of an online casino, as well. When offered to existing players, these bonuses tend to be fairly small and are primarily a way for online casinos to retain their user base.

Caesars Palace Online Casino offers one of the largest deposit match bonuses of any online casino in 2024. This is a 100% first deposit match of up to $2,500, plus an additional 2,500 Reward Credits.

Free spins bonuses

Online slots are offered by every reputable online casino operating today. Many of the top casino sites have hundreds of slot titles to choose from, many of which can offer massive jackpots to lucky winners.

Free spins bonuses are, as one would assume, bonuses that give players a certain amount of free spins to use for slot games.

Sometimes, these are given to players for use of a particular slot title. The rules of these bonuses vary, yet sometimes the winnings earned from free spins can be immediately withdrawn.

Cashback bonuses

Some popular online casinos offer users cashback bonuses. With this bonus, players can earn partial or full refunds on their net losses, within a certain limit. This bonus is typically offered as a welcome bonus.

As an example, the welcome bonus at betPARX allows its users to receive 100% cashback on all net losses experienced over their first 24 hours of playing. Bonus funds earned from this offer come in the form of casino credits.

Rewards program credit bonuses

Rewards programs are common among online casino platforms. Essentially, these sites give their users unique perks, simply for placing wagers.

The more players bet, the higher they can move up the loyalty program tiers and the better the rewards they earn will become.

Several of the top online casinos in the US also operate major land-based casinos.

These casino sites often have loyalty programs that offer perks within their brick-and-mortar casinos. That can include things like free hotel rooms, discounted meals and other VIP packages.

Online casino bonuses terms and conditions

Online casinos always set very clear terms and conditions for their bonus offers. These are set in place primarily to ensure that casinos will not lose money by giving their new and existing members bonus funds.

Perhaps the most commonly referenced term and condition attached to bonuses is the playthrough requirement.

As we pointed out earlier, this is the rule that requires players to wager a certain amount of real money before whatever casino credits are earned can be withdrawn for cash.

Casino bonuses also tend to expire after a certain amount of days.

Failing to claim this bonus within a select number of days means it will no longer be available. Failing to use all your casino credits will also result in them expiring after a specified number of days.

Most types of online casino bonus offers also will come with rules connected to location. States can set their own rules for online casino gambling, and online casinos will need to adjust their bonus offers based on each state’s rule set.

It’s highly recommended to read the terms and conditions of bonus offers before deciding to claim them. Doing so will help you to better decide whether a certain offer is truly worth claiming.

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