Different Types Of Welcome Bonuses
Bonuses don’t come all in the same format, online casinos play around to make them more attractive, there are a few that are the most popular, and we will explain them below. Remember that each of them might have different T&Cs or requirements.
Match Deposit Bonus
The concept of this kind of bonus is probably one of the most popular, first of all, because they are easy to understand. Match bonuses mean that whatever amount you decide to deposit, will be matched (duplicated). For example, Get 100% up to £200. What this means is that if you deposit £200 you will receive an additional £200, but if you deposit only £50 you will get £50 from the online casino.
Please note there’s always a limit amount that will be matched, that is what “Up To” stands for. So in the case of the bonus we mentioned above if you make a deposit of £300 only £200 will be matched as it is set up as the maximum amount in the bonus.
Percentage Deposit Bonus
This Bonus is less common, but you still find it on a lot of sites. The difference between this and the Match bonus is the following, instead of a match deposit bonus, the casino could offer a certain percentage bonus. For example, you could get 150% up to £100 on your first deposit, followed by 50% on your second. For example, if the casino says 150% up to £100 this means you will get an extra £150 to play with over and above your deposit amount.
The Welcome Bonus Package
This is a bonus that is usually shown in parts just like the deposit and percentage bonus, most of the time it’s a mix of both. The best part of this kind of reward is that you can enjoy some reimbursement or gift from the casino, not only the first time you deposit but more than once.
It is very simple to understand, for example:
- First Deposit: 100% up to £100
- Second Deposit: 50% up to £100
- Third Deposit: 50% up to £200
- Fourth Deposit: 100% up to £200
If you decide to deposit all the maximum amounts on each section of the bonus at the end of the fourth deposit you will have an extra £450 pounds divided in 4 days.
Reload Bonus
Reload bonuses are rewards you get after you have made and used your first deposit or welcome bonus, they may be available only on certain occasions. Offers can vary from 20% to another 100% but it’s all up to the casino. Please note that even though is somehow linked to the welcome bonus, T&Cs can vary from one to the other.
High Roller Bonus
You will only enjoy this kind of bonus if you belong to the high roller players, this means that you are a VIP player. In these cases, the minimum deposit tends to be higher and is usually assigned by a casino manager who knows the player well.
Playing With Your Casino Bonus!
Once your research is done and you have selected an online casino to register your account with, you will now be able to enjoy their Welcome offer. Also known as a sign-up offer, these bonuses are only for brand-new players. As we explained before, the most common bonus offered to players by online casinos is the welcome bonus, just for the simple reason that casinos want to give the best impression from the beginning. This deal is usually in the form of a percentage and/or free spins in the ways we mentioned above.
For example, All new players to join and register today will receive four incredible rewards! When you deposit £200 you will get a 100% Bonus, 2nd deposit – 50% up to £300, 3rd deposit – 50% up to £200 and 4th – 100% up to £200. Join today and experience these fantastic promotions for yourself!
The casino may also offer Free Spins with your bonus such as receiving 120 Free Spins on some of the most popular games when you deposit a certain amount to get you started on your journey towards big wins. Free spins can also be given across a few days. For example, get 100 free spins on your first deposit and 20 free spins on the next 3 deposits.
What Is A Deposit Bonus?
This will be one of the most heard and read terms you will come across when playing online, as we explained before, casinos want to offer the best Welcome Bonuses so players get to see their site and hopefully stay and play there in the long run. That’s why a good Deposit Bonus is key for the success of many online casinos. A deposit Bonus also known as a ‘match bonus’ is a form of reward that consists of a Deposit Bonus promotion to attract players to a casino or even to keep some of their players coming back.
The online casino’s goal is to re-invite the player to make a deposit. If you are questioning how making a deposit benefits the player or even begins to attract players. The simple answer is discounts, and rewards– a specific amount a player has been discounted by percentage, often differing in percentage according to that particular online casino, therefore most casinos will offer their Deposit Bonus percentage in addition to individual terms & conditions!
To receive a deposit bonus, the player must first deposit with a return that is based on the total amount transferred to your account. Thus, a percentage of this deposit is made. The casino will automatically calculate the bonus by the percentage of offers, only after the deposit has arrived, therefore adding the money to the player’s account.
How To Find A Deposit Bonus
Most likely this will be one of the first things you will see once you enter the online casino page. They like promoting them as much as possible, usually on big banners or colourful signs. So before you choose one, go around and compare which deposit bonus is best for you!
What Is A Reload Bonus?
We already gave you a brief idea of what a reload bonus is, however, we want to make it clearer so you can see the difference between the kind of bonuses that casinos have to offer.
A reload bonus is nothing more than one of the many ways online casinos pamper their players. The bonus includes offering players bonuses to those who have already deposited at a specific online casino. A simple way to define a reload bonus can be as a second welcome bonus. As you may already have an idea, welcome bonuses are a once-off deal. However, you may have the chance to get more if the online casino offers a reload bonus.
Reload bonuses and Welcome bonuses can sometimes be part of a complete promotional package made to attract more subscribers. The players will receive rewards after rewards, and this will motivate them to come back to the same casino instead of going to another one. First the welcome bonus, then the second deposit bonus, and maybe a third and fourth deposit. Reload bonuses are profitable for both the casino and the player. The good news is that a lot of the online casinos that we mention in our reviews offer these treats so take it when you see it!
How Does A Reload Bonus Work?
If you already have a clear idea of how a welcome bonus works, it won’t be too hard to understand how the reload bonus works. Very similar to the first deposit bonus, players can get benefits from a reload bonus. This gives the player the chance to claim a percentage from their original deposited amount as a bonus, therefore reloading their casino account with credits. This promotion could be offered to a single player or as a regularly returning promotion for the masses.
There are different ways in which a player may receive a Reload bonus. For one it could include additional Free spins activated after a deposit. Alternatively, it could be as a percentage of the amount deposited by the player. There are sometimes conditions to cashing out a reload bonus.
First of all, you might need to wager the casino’s required amount before cashing out. The usual wagering would depend on the online casino, but most often applied between 30 to 40 times to the total amounts in the bonus received The Geeks always suggest you check any T&Cs before taking any actions in order to avoid any unforeseen withdrawal restrictions on your quest to cash out.
How To Be Eligible For A Reload Bonus?
Meeting the requirements for this kind of promotion will depend on the position of the player. Most online casinos would be willing to give more to their loyal players, rewarding loyalty regularly with real money and more.
So, in conclusion, the more you play and deposit at one specific online casino the higher your chances of being categorized as a loyal player. If you fall from this group, don’t be surprised if a staff member of the casino emails you to offer a Reload bonus to reactivate your account that hasn’t been very active with the casino before.
What Are Free Spins Bonuses?
Oh boy! If there’s some kind of bonus or reward the Geeks love its free spins! Because it’s one of the best ways to test a casino and its games, even though they are usually assigned to one specific game, most of the time it is to a very popular one or a brand new one! So, it will never go wrong.
Sometimes free spins are part of a deposit bonus for example 100% up to £100 + 50 free spins. This only means that you have free games to enjoy. So, we recommend you always take advantage of it. It is a gift as your winning perspective will cost you nothing! However, when it comes to withdrawals check the wagering requirements some casinos have with Free Spins and in some cases, you might need to play a few times before they can pull out.
How Free Spins Bonuses Work
For you to understand how and where free spins are found in an online casino, you will need to use your imagination:
The moment you log into a site and become a member you will see a banner or ad that says something like: Get your Welcome Bonus when you sign up today and receive 30 Free Spins with no deposit needed. The Free Spins you get, come from the popular slot game Book of Dead. Plus, receive an extra 100 free spins when you make your first deposit.
Where To Find Free Spins Bonuses?
To make the best out of the Free Spins that online casinos have for you, all you have to do is simply is register and make a deposit to get your free spins. As you might already suspect, new online casinos seem to be out very often, which creates a healthy but fun competition between them, trying to prove who has the best offers, and promos, basically who pampers players the most! The Geeks are always on the lookout for new and exciting sites so follow us and you won’t miss anything!
What Is A High Roller Bonus?
If you are a High Roller player it means you have a big budget to spend on online casinos, and if that is the case High Roller bonuses are perfect for you! So don’t miss the chance and if you are thinking of betting a large amount of money at online casinos then you will be pleased to know that many online casinos offer high-roller bonuses. these bonuses are reserved for what we like to call in other words’ VIP players.
Regular Vs High Roller Bonus
A normal bonus is what most players see at first sight, what has been advertised on their site something like a standard bonus. High roller bonuses are created specifically for players that bet larger amounts, sometimes this can even be made personally for one affiliate. So, the main difference is the bonus amount between the two. However, this also includes extra benefits such as online casino tournaments and an extra reload bonus.
If you have never seen a high roller bonus, it would look something like a match deposit bonus, but it comes in a much larger amount than standard bonuses. With high roller bonuses, the minimum deposit is much higher, but your return is higher as well.
Vip Treatment With High Roller Bonuses
There are also some high-roller games where you will be able to get higher bonuses. Many times, you as a player can either join an exclusive casino or try getting into a VIP room where benefits are for those who have a larger bank account and often offer very fast-paced action with great added bonuses, massive high roller bonuses and high stakes.
Benefits Of High Roller Bonuses
When you become a High Roller player, it is like being part of casino royalty, meaning many bonuses and offers are created just for you and your liking. Other benefits include:
- Huge Bonuses and overall more regular bonuses
- Exclusive gifts and unique invitations to private tournaments
- High withdrawal limits and quicker withdrawals
- Your very own account manager
- Personal gifts, trips, merchandise
- Even special occasions bonuses like birthday bonuses, Christmas and more
High Roller Bonus Terms and Conditions
One of the most repeated Geeky Tips is to read T&Cs at all times! It’s key that you always read, know and acknowledge what a bonus implies. Whether it be a welcome bonus or any other unique bonus, all bonuses do come with terms and conditions, and many times wagering requirements as well.
It is important to understand all the wagering requirements and terms regarding any bonus at any online casino. Especially with high roller bonuses, loss or disappointment can be higher just because you weren’t aware of a rule.
What Is A Cashback Bonus?
The Geeks find cashback bonuses as very fair and convenient, it means that if you lose a certain amount of money some part of it might be refunded in the form of real cash or in most cases, refunded in bonus money, back into your account. This type of bonus is a percentage of your net losses, over a specific period or on a specific game, which you have already wagered your funds on, so no real loss can come from the Cash Back Bonus.
The Purpose Of A Cash Back Bonus
As we mentioned before, promotions, races and bonuses, in general, are created to attract and keep players coming back to the same online casino. No matter if you are an online or land-based casino, the best way to keep players is to make them feel pampered.
And that’s how the cashback bonus was created, after so many years of experience, casinos realized that sometimes players just want some of their losses back, and once the casino feels a customer is loyal they feel happy to return some of that money, it’s like a win-win situation.
A lot of the online casinos will offer this promotion more frequently to VIPs, however, most online casinos offer this promotion on a weekly to monthly basis for all players.
Examples Of How A Cash Back Bonus Works
Here are two examples of how a cashback bonus can look like:
- If players deposit £300 on a specific game and then lose 60 pounds on that specific game the casino would usually set between 5% – 25% money back to cover the player’s losses and return to the player’s account. It can be returned in cash money or bonus money to keep playing.
- The casino may offer a promotion that offers 25% Cashback to a maximum of x For example, if you lose £600, the casino will refund you the maximum percentage of your loss equalling to £100.
What Are Bonus Codes?
As the name states, the bonus code is just a few numbers or letters that will trigger a bonus once you enter it. So, for example, if a player opens a new account with any online casino and uses a code it will activate this certain code. Not every casino has this option, in fact, most casinos activate once players make a deposit but if you come across a bonus code now you have an idea of how it works!
Activating And Using A Bonus Code
As we described above, the activation of the code is very simple, most times there will be a window where they ask you to enter the code, once it is done it will be triggered. In case it doesn’t work you should always check the expiration date or if there are any rules while using it. The Geek will keep you informed on which online casinos provide this kind of bonus, especially on their welcome bonus.
Bonus Types – Wagering free, Sticky Type I and Sticky Type II
Something we find players struggling to understand is the wagering requirements, and to our luck, these are one of the most important things a player should know before accepting a bonus.
There are three main wagering bonuses:
- Wagering free bonus. This means the bonus is wagering free and you can cash them out at any time. These are applicable on both bonuses and free spins.
- Sticky I Bonus; this bonus can be used to wager but cannot be withdrawn. Meaning: the money that was given to you can not be withdrawn, only the amount that was made on top of it.
- Sticky Type II Bonus is very similar to Type I, however, with this one if you withdraw you can still use the bonus for wagering. Most players prefer this option to Type I.
Bonus And Cash Balance At Casinos
This is a very important thing to know. When you are playing at an online casino you will see two different balances in your account if you choose the bonus. First is your cash balance, which is money you can withdraw at any time and you will also see your bonus balance which the bonus is the amount you received from the casino. You will need to complete the wagering requirements to withdraw from this balance.
The Geeks
For the Geeks, it’s always important to keep players educated since they believe that “Information is Key”. Once you know more about how a casino and promotions work, they are sure you will have a better experience overall!
