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If you want to start playing at online casinos, you really need to understand bonuses and casino bonus codes.
In this guide to casino bonuses, Xgtiger Casino will make you understand what a bonus code is, and we will look at the many different types of casino bonus codes that 2021 has to offer. Then you can head to the online casino and get all the bonuses it has to offer! So, continue reading to know more.
What is a Casino Bonus Code?
A bonus code is a code that you need to type when depositing or registering if you want to get a specific bonus. By typing the code, you signal to the casino that you want to participate in the bonus, and then you will receive any bonus funds that are eligible for you. If you fail to fill in the code for any reason, you will find that you will not receive the bonus.
Casino bonus codes used to be popular, however nowadays many sites no longer use them. Don’t worry – this doesn’t mean they’ve stopped offering bonuses. Rather, it just means that they now assume that everyone wants the bonus, so it’s automatically given.
It is very easy to use a casino bonus code. First, find the code – it’s usually advertised clearly by a site, but sometimes only found in the bonus terms and conditions. Then you will see the box for the code when depositing or registering and press it there. You will then receive the bonus, either immediately or when you meet predetermined conditions.
If for some reason, you did not receive a bonus even after entering the bonus code, you should contact customer support. They should credit your account with the casino bonus offer.
Why Do Casinos Offer Bonuses?
It may be surprising that casinos offer bonuses. After all, surely giving away free money is a bad business plan, right? This is really a great way for them to run! This is because the online casino world is a highly competitive place and encouraging new players to join a site is difficult. By offering bonuses, casinos give themselves the opportunity to attract new players. They know that once a player signs up, they will likely use that site for all of their casino gambling for the future.
Furthermore, the money given is not real money – it is bonus cash. Wagering requirements, which will be discussed later, mean that most cannot cover anything, so the casino has nothing to lose. Sure, some are lucky enough to cover, but the amount paid out is far outweighed by the amount new players spend on deposits once they’ve used their bonus money.
What Types of Casino Bonuses Are There?
There are many different types of bonuses that can be found at online casinos. In fact, the sheer number of them can be quite tempting for newbies to the world of casinos! Below, you will find the main types of bonuses, so you know what you can get when you sign up with an online gambling site.
Deposit Bonuses
The most popular type of bonus you will find at an online casino is the deposit bonus. This will add a certain percentage of bonus money to your deposit. For example, a 200% deposit bonus on a deposit of $100 will see you awarded $200 in bonus money. So, in total, you’ll have $300 to play with.
Bonuses of this type are often used as welcome bonuses for new players at a casino, sometimes along with free spins. You will also regularly see them in the form of reload bonuses, which are usually deposit bonuses for existing players.
In general, deposit bonuses usually offer the biggest bonuses, however you will also have to risk some of your own money by making a deposit.
No Deposit Bonuses
Next, we have no deposit bonuses, which are pretty much the same as these – they give you a bonus without you having to make any deposits. They can come in the form of bonus money, or they can come in the form of free spins. The best thing about them is the fact that you don’t have to risk anything when you claim them.
This free casino bonus is almost always offered when new players sign up for an account and is not usually worth a lot of money. Sometimes no deposit bonuses are automatically applied to an account, while other times you have to enter a casino bonus code to get the bonus.
Bonuses of this type are usually small, however, no one complains, because they are available for free!
Free Spins
Free spins are bonuses that allow you to spin a slot’s roulettes for free. They are often included as part of the welcome bonus, along with the deposit bonus. Free spins are also often offered when a new slot is released, to encourage players to try the game, in the hope that they will come back and play it for real money later.
Some free spins can be used to play any slot, while others have to be used on a specific slot. Free spins on Starburst are regularly offered by online casinos looking to attract new players. Always check how much a free spin is worth, because the higher the value of a spin, the better the bonus.
Cashback
Cashback is less visible in online casinos, but it is a nice type of bonus. In essence, it rewards losers, as it returns some percentage of the lost money to the player. So, for example, if you get a 10% cashback bonus and lose $100 playing roulette, you’ll get $10 back. Sure, you still lose, but cashback makes it easier to earn!
There are a few things to look out for with cashback bonuses. Firstly, you should know that these often only apply to specific games – check this, as it can be incredibly frustrating if you play the wrong game and don’t receive any money back. Also, there is almost always a limit to the amount of cashback they will give you.
Refer-a-Friend Bonus
This is a nice bonus if you know other people who are interested in playing casino games. It’s simple, encourage them to sign up and make sure they mention you when they sign up. When they make their first deposit, you will be given a bonus. Some sites give $50 or more to those who refer a friend to their site.
Loyalty Rewards
Finally, you will find that many casinos offer loyalty schemes, and this can lead to some great bonuses. Basically you collect points as you deposit or while playing, and when you reach a certain number of points, you are awarded a prize. These are often bonus funds, enhanced bonus offers or cash.
Often, a loyalty scheme will also have levels, and the higher the level you reach, the better the perks. You might even find yourself becoming a VIP player, which could lead to some big rewards. Generally, you don’t have to opt in to a loyalty scheme – instead, you’re automatically included.
What to Expect When Claiming a Casino Bonus Code
What to Expect When Claiming a Casino Bonus Code
You will find that almost all bonuses have terms and conditions attached to them. Although they may not be particularly interesting to read, you should still look at them, because they may hide something very important, such as a bonus code! One thing to remember is: if the offer is too good to be true, you should stay alert for any undesirables. Below, you’ll find three of the most important things to look for in the terms and conditions of casino bonus offers.
Casino Bonus Codes
First, although rarely, you may find casino bonus codes hidden in the terms and conditions. If you didn’t find this bonus code and didn’t use it, you won’t get any bonus money. It’s natural for a casino to hide a bonus code, but you should always check the terms and conditions just in case. If no bonus code is mentioned, you can rest assured that no bonus code will be required to claim the bonus.
Wagering Requirements
Almost all casino bonuses offered in 2021 have wagering requirements attached to them. These are expressed as multiples and tell you how many times you will need to wager the bonus before any winnings from it can be withdrawn.
For example, you can claim a $100 bonus with wagering requirements of 35x the bonus amount. In this case, you have to bet a total of $3,500 before you can cover. Some bonuses may have a wagering requirement attached to both the bonus and the initial deposit, therefore making it more difficult to meet the wagering requirement, so you should be aware of this when looking at the terms and conditions.
Winnings Cap
Next, you will find that some casino bonus offers have winnings caps attached to them. This means that you can only win a certain amount with them, and anything won over this amount will be forfeited. It is very important to know about this, because it is very frustrating if you win, for example, $200, and then you find out that you can only take $20 of it.
This type of restriction is often seen attached to no deposit bonuses, as casinos don’t want you to win too much money without having to risk anything. This is also sometimes applied to free spin bonuses and deposit bonuses.
Time Limit
Finally, you should always make sure you know about any time limits attached to a bonus. It is usually the case that you will get about a month to use your deposit bonus funds and meet the wagering requirements, however this may change depending on the site you are playing on. Other types of bonuses, such as free spins, may have a shorter end date.
Casinos won’t remind you when a bonus is about to expire – you’ll just see it removed from your account, along with any money you won from the bonus. So, you should always know when the end date of any bonus you got is! Now that you know all about casino bonuses, you can check out all of our casino bonuses. Not sure which one is best for you? You can try our latest “custom bonus” tool for a FREE tailored offer!
Conclusion
Are you an avid gaming fan and want to know how to bet on online casino games? At Xgtiger, you’ll get the latest information on this year’s best casino games and a variety of gaming options, all in one place.
To start your online gambling journey, all you need to do is create an account on the site, deposit funds and you’ll be ready to bet on the best and most anticipated casino games.
Frequently asked questions
Casino bonus codes act as a key to various rewards, from free spins to cash bonuses. Usually, players enter the code when depositing or in their personal account to activate the bonus.