Types of Casino Bonuses in New Zealand
$5,000 Welcome Bonus
Today, you will find hundreds of online casinos where you can try your luck of striking it big. With competition getting stiffer, gambling platforms are getting more creative. They have to find ways to attract more players and keep the existing ones hooked.
One way casinos do this is by offering players different kinds of generous bonuses. If you like frequenting online casinos, you must have encountered various bonuses designed to welcome you as a new player or keep you motivated. However, with numerous bonuses to choose from, it may be a daunting task to choose which casino to sign up at and which bonuses to redeem. Here is an overview of the best online casino bonuses to look out for.
Welcome Bonuses
To enhance your gambling experience, online casinos offer new players a welcome bonus package. It is strictly designed for newly registered players, which is why another name for this offer is the sign-up bonus. Once a player registers a new account, the next step is choosing the right payment method to start depositing funds into their casino accounts and start playing.
To get started, players can choose to activate any welcome bonus package offered by the casino. Mostly, the welcome bonus consists of a match-up offer, with some casinos offering players free spins as part of the package.
A match-up bonus matches a player’s deposit amount with a specific percentage that comes with a capped amount attached to it. For example, a casino can offer you a 100% match-up bonus of up to $200. That means that if you deposit $50, you get $50 more to play with. The bonus comes with a minimum deposit requirement too. A match-up welcome bonus is great for beginners to help them boost their bankroll.
No Deposit Bonus
There is an increase in casinos online with no deposit bonuses. As the name suggests, no deposit bonuses don’t require you to deposit any funds to claim them. They are the opposite of deposit bonuses. Players only have to register an account to redeem their free cash, which they can use to play their favourite games such as Roulette, Blackjack and more. The no deposit bonus offers players an opportunity to win real money without risking their hard-earned money.
The bonus comes with a set of terms and conditions. The wagering requirement is usually quite high, and you may find some restrictions attached to this type of bonus. For example, the casino puts a cap on how much you can win using your no deposit bonus. Also, to withdraw any winnings, you have to make a deposit. No deposit bonuses are a great way to help you play casino games for free while standing a chance to win some money in the process.
Free Spins
Casino free spins bonuses are among the most coveted online casino rewards, especially by Kiwis who love playing pokies. You can get two types of this casino bonus, including free spins no deposit or free spins with deposit.
Some online casinos offer players free spins as part of their match-up welcome bonus package once they make their first deposit. However, you can also get a casino offering no deposit free spins. With these ones, you don’t have to deposit any funds to receive the bonus.
Free spins no deposit are usually offered to newly registered players as a goodwill gesture, and also to give them a chance to familiarize themselves with the casino. The number of spins offered with no deposit is fewer than when you get them as part of a welcome bonus.
No deposit free spins also come with capped winnings and wagering requirements. Before you can cash out any winnings resulting from the free spins, you have to wager your winnings a specified number of times. Once you do so, your bankroll becomes eligible for withdrawal.
Free spins are great for players who like playing online pokies. They can use the free spins to either try out free pokie games or the classics. A casino specifies which pokies you can play using their free spins. Most online casinos offer generous amounts of free spins as part of a match-up bonus.
Reload Bonus
A reload bonus can be equated to a welcome bonus. However, you don’t get a reload bonus after making your first deposit. A reload bonus is triggered by making subsequent deposits. It is, therefore, designed for existing players who make subsequent deposits to the casino.
Reload bonuses benefit both parties since players get extra bankroll to play their favourite games while it benefits online casinos since it keeps players coming back to play the games. The bonus varies from one casino to another.
With some casinos, the reload bonuses only work with specific payment options while others are designed to extend the welcome bonus offer. Other casinos offer reload bonuses at random all through the month. The bonus is offered on a series of deposits, and it gets smaller with every subsequent deposit.
VIP Bonus and Loyalty Bonuses
Loyalty and VIP bonuses are designed for existing players who have demonstrated their loyalty to the casino. It is offered through a VIP program. The loyalty program allows players to collect bonus points, which they can redeem later. Players in this scheme get VIP treatment. Among the many bonuses offered in the VIP program include cash prizes, extra free spins, deposit bonuses, or an opportunity to turn your VIP points into cash.
Conclusion
With so many online casino bonuses, you will be spoilt for choice. Most if not all online casinos offer all these bonuses, especially the welcome offer. These bonuses will help boost your bankroll and give you a chance to explore a new casino and play new games. After playing the games, you can decide whether you would like to continue playing them with real money once you have depleted your bonus funds or choose to play other ones.
You can choose the type of bonus to claim depending on your preference. However, remember that all these bonuses come with terms and conditions. Familiarize yourself with the rules to avoid getting any inconvenience. May the odds be in your favour!
This article does not necessarily reflect the opinions of the editors or management of EconoTimes
