Types of Casino Bonuses and Where to Get Them
Online casinos offer various bonuses to attract new gamblers to their platform and to reward existing players for their loyalty. Bonuses can vary in amount, terms, and type depending on the casino, but there are certain types of bonuses that you will commonly find on most gambling platforms.
The Welcome Bonus, the New Player Bonus or the Signup Bonus, is the most common bonus given by online casinos. Users who have just registered on their platform can receive, on average, around $100, but they can also find casinos that offer higher sums, although these are usually given across a period of time, or when they make a number of deposits.
Welcome Bonuses are usually handed out based on a percentage of the user’s first deposit, and that is why they are also called percentage bonuses. A bonus that has a 100% percentage is called a Match Bonus because it matches the sum you deposit at a 1:1 ratio.
At 1xBit new users can take advantage of a Welcome Bonus of 7 BTС. If the new user meets the minimum required deposit of 5 mBTC (or equivalent in one of the 20 other supported cryptos), he can earn a maximum deposit bonus of:
- 1st deposit – 100% bonus up to 1 BTC
- 2nd deposit – 50% bonus up to 1 BTC
- 3rd deposit – 100% bonus up to 2 BTC
- 4th deposit – 50% bonus up to 3 BTC
Use a special promo code MOB125 when registering an account on 1xBit and get a 125% bonus.
A Reload Bonus is given to users to incentivize them to continue playing on the platform. They can be given on a monthly basis, and most online casinos do not publicly announce them anymore, instead, texting or emailing their loyal users of the offer.
No Deposit Bonuses
No Deposit Bonuses that are given to new users, without them having to deposit or gamble anything at all. This type of bonus is generally lower than welcome bonuses, and the ones who are indeed more substantial usually come with high wagering requirements or conditions, such as having to deposit before withdrawing.
Preferred Deposit Bonuses
Online casinos offer a Preferred Deposit Bonus to those players who fund their accounts with the casino’s favorite type of payment method. These bonuses are normally small, between 5% and 15%.
It is usual for online casinos to reward their long-time users with Loyalty Bonuses. The percentages of rewards are higher as you increase in seniority levels. You also benefit from several other exclusive offers, such as VIP support, and cashback is calculated on all their bets, regardless if they were winning or losing bets. In order to get to a higher level, players are required to keep playing games and gather points.
The loyalty program of 1xBit has 8 levels, where high rollers receive rewards in cashbacks. The higher your experience level, the more cashback you will get. Also, higher levels, such as Bronze, accumulate points 1.5 faster than players that are at Copper level.
High Roller Bonuses
High Roller Bonuses are made when players make a large deposit into their account. This type of online casino bonus is usually for sums over $1,000, with a percentage of 50% of the deposit.
Depending on the online casino, there will be several bonuses, which can be used while playing specific games or betting events, or rewards that can be claimed or activated based on specific time requirements.
1xBit, for instance, has an Advancebet function where users with unsettled bets can wager on live sports events or on sports events that are scheduled to start within the next 48 hours.
Also, 1xBit has an Account Balance Bonus where points are given based on the percentage between the account balance for betting and the total amount of all unsettled bets. If you withdraw in the 24-hour period less than the starting balance you had at the beginning of the day, the higher the percentage of your bonus.
There are also bonus points for 1xBit users placing sports bets. The casino gives $10 for every 500 bonus points accrued.
Several online sports betting sites have an accumulator program in which the events that are the most possible to bring a profit are combined, and the platform offers higher odds on these events. If you select an Accumulator of the day from 1xBit’s Sports or Live sections, the site will increase the odds by 10%.
Both single and accumulator bets can be insured on 1xBit either in full or in part. This way, when you lose a bet, you will be refunded the part that you have insured. The insurance is based on the current odds of the event you want to insure.
Several online casinos reward users for referring other people to their platform. If your referred contact signs up and makes a deposit, then you will receive a certain percentage as commission.
1xBit has a very lucrative commission for referrals, which can go up to 40%.
There are, of course, many other types of bonuses in the online casino industry, but the ones we have listed above are some of the most popular bonuses offered by gambling operators.