Types of Casino Bonuses Explained
Casino bonuses are offered in various forms to online casino players. For New Zealand casino players these bonuses can go a long way to increasing the bankroll as well as give many hours of extra game play “for free”.
Sign Up Bonus
The most popular and common casino bonus that New Zealand players can take advantage of is a welcome bonus also known as a new player bonus, first deposit bonus or a sign up bonus. The welcome bonus is usually offered to players as a 100% match up to a particular amount decided on by the online casino. Each online casino offers different welcome bonuses which can range from between 50% to 500%. The lowest welcome bonus is 10%. For New Zealand casino players anything that is offered over 200% should be carefully considered as there are usually wagering requirements or restrictions when the time comes to withdraw the bonus. Some online casinos will give players a bonus code or coupon and they use this to redeem the casino bonus.
No Deposit Bonus
The no deposit bonus is offered to New Zealand casino players and with this bonus players are not required to make a deposit. New Zealand online casinos will use this bonus if they would like to attract new players to their online casino or for players to try out a new casino game. No deposit bonuses come with high wagering requirements and restrictions to prevent players from abusing theses bonuses at online casinos. One of the requirements of this bonus is that players will have to make a real money deposit before they can withdraw their bonus and any winnings from it.
The monthly or deposit bonus is also known as a reload bonus or loyalty bonus and players will receive a bonus from the casino each month for example in order to keep players at their casino. An example would be an online casino offering a 100% deposit bonus up to an amount of NZ$100 at the beginning of each month. Online casinos will also offer their players a monthly bonus which is determined by the previous months gaming activity. Monthly bonuses are not usually as generous as welcome bonuses but this will also depend on how much a players plays at an online casino.
Payment Method Bonus
The payment method bonus is given by online casinos to players who make use of a particular method of payment, usually an e-wallet form of payment. Players will be given an extra bonus plus the welcome bonus for making use of a certain payment option. Not many online casinos offer this type of bonus any longer.
High roller bonuses are offered to attract those casino players who make larger deposits and play more casino games. These are known as high rollers or VIP’s and are offered generous bonuses for the higher deposits they play with. These players will be given special bonuses and promotions in the form of tickets to sporting events as well as other incentives.
Bonuses are offered by online casinos to attract new players and for players it means extra money to play with. Players must remember to carefully consider the requirements of each of these bonuses.