Types of Casino Promotions

One of the best things about playing popular online casino games is that casinos reward players with promotions and bonuses. These promotions ensure players continue playing in the casino, and they can include bonuses like free spins and deposit matching.

What are Promotions?

A promotion is a bonus that a casino uses to draw players in and keep them playing. It usually involves something like a deposit match, where the casino will match your deposit up to a certain amount. There's also other bonuses, like free spins, rebates, VIP perks, and progressive jackpots.

Why Do Casinos Offer Promotions?

There are a few reasons why casinos offer promotions to players. Primarily, welcome bonuses attract new customers and give them a reason to register and deposit with the casino. Players are more likely to continue playing if they're given incentives. Some promotions, like free spins, are coupled with popular online casino games as a way to encourage customers to play those games. For games with progressive jackpots, players must often play so the jackpot can reach higher amounts. Additionally, casinos use promotions as a way to stay competitive. For example, casino A is offering a 100% bonus with a 20x wagering requirement, and casino B is offering a 100% bonus with a 35x wagering requirement. It would make more sense to play at casino A, because you can fulfill that requirement faster. Casinos also use promotions and bonuses as a way to reward players for their continued use. Sometimes these types of bonuses are developed for specific players and not available to the general public. These incentives are generally reserved for VIP members or high rollers.

Why Should You Use a Promotion?

There are a few reasons why you should use a promotion or bonus when you're playing popular casino games online. Mainly, a promotion helps to pad your bankroll. The extra money enhances the quality of your experience. Theoretically, the more times you play, the greater your chances of winning, and having more money means you can play for longer. Promotions are also great for offsetting your losses. Rebate promotions return your money if your bet is unsuccessful, so it's a risk-free situation to bet when you have that rebate in your pocket. Placing bets is a bit of a no-brainer when you're guaranteed to either win or get your money back! Taking advantage of promotions is also a great way to find popular online casino games as well as your favorite casino. Devoting most of your time and money to a specific online casino would be wise, because the relationship you have with a casino can earn you higher perks, like VIP status. VIP status rewards you with many promotions and bonuses that casual players can't access. You can earn perks like higher deposit limits, faster withdrawals, cash back on the percentage of the money you play, the list goes on. Using promotions is a great way to move up on the VIP list.

Promotions Types

Welcome Bonus

This promotion usually comes as a match deposit, and sometimes has the bonus of free spins.

Free Spins

The free spins go towards the most popular online casino games such as slots or games that the casino is trying to promote.

Deposit Match

This promotion will match the amount that you deposit. It could be a 100% match, or even up to 200%.

No Deposit Bonus

No deposit bonuses are usually available to players signing up for the first time. Typically these bonuses come in the form of free spins for popular online casino games.

Rebate

Most commonly found in sports betting, rebates are a form of cash back that you receive if you make a failed bet.

VIP Perks

Each level of VIP comes with perks that increase in size as you rank up. These promotions can range from extra bonuses to hotel stays and trips.

Refer-a-Friend

These bonuses are great when you have friends who love to gamble. Casinos often reward players for referring a friend through either a base 'finders fee' or by awarding a percentage of their friends first deposit.

What To Watch Out For

With any agreement that you make, you must make sure to read the terms and conditions. The agreement specifically lays out the responsibilities of the casino and yourself. Take care to read the terms and conditions for any online casino promotion and bonus. Pay attention to the wagering requirement for the specific promotion you are using. The wagering requirement is the number of times that you must wager the promotion before you can withdraw any of the money you've won. You must know this number because you won't be able to withdraw any of the funds associated with the promotion or bonus until the wagering requirement is met. Another essential thing to consider is which games contribute to the wagering requirement. Popular online casino games that have a higher RTP are less likely to count towards the requirement. Usually, slots are safe to play with 100% of the wagers going towards the requirement. Games like blackjack, roulette, and baccarat typically account for almost nothing. Also, beware of the length of time the promotion remains active. Sometimes the promotion or bonus expires after 30 days, but some promotions have longer dates. You must keep your eye on these dates as you will lose the bonus funds and any winnings associated with them end up forfeited.

Conclusion

There are many types of bonuses that online casinos use to promote themselves or popular casino games. Promotions encourage players to continue spending money and help pad bankrolls. Bonuses also allow players more money to play their favorite online casino games. There are so many different types of promotions, that you are bound to find one that fits your playing style!