What Are Casino Bonuses and Why Are They So Important?
Casino bonuses are promotions that are rewarding every player that applies for it with a generous prize that can stimulate their online gambling at the featured NZ online casino. The rewards from the casino bonus can be in the form of bonus money, free spins, or free chips.
Casino bonuses are important for online casinos as they can be used to attract many new players to their gambling sites. The best casino bonuses can also keep the existing players satisfied at the online casino, which will result in depositing more money.
Every player prefers to wager at an online casino that will reward them with top casino bonuses. In order for a casino to be successful in the iGaming industry, they need to make use of casino bonuses.
Most casinos know about this fact, which is why they make sure to add several highly rewarding casino bonuses into their offer, including the most anticipated free spins.
The majority of casino bonuses require the players to make a deposit before they can receive the reward. It is also worth noting that every casino bonus comes with certain terms and conditions, which must be read before applying for a featured bonus.
The most important piece of information that features in the terms and conditions of the casino bonus is the one about the wagering requirements. Without fulfilling the wagering requirements, the players won’t be allowed to withdraw the bonus money and the bonus winnings.
Types of Casino Bonuses
There are numerous types of casino bonuses that can be found at online casinos and every single one of them comes with certain unique features. The key feature that all bonuses have in common is the fact that they all provide the players with a certain reward. Below we will describe the most common bonuses that can be claimed at the casino bonus sites.
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Welcome Bonus
The casino welcome bonus is possibly the most frequently offered casino bonus that can be found in almost any list of casino promotions. Online casinos use the welcome bonuses to lure new players into their gambling sites and register a casino account.
This casino bonus NZ is reserved only for newly registered players and it is usually rewarding them on their first deposit, or several first deposits into their account. It is one of the most popular deposit bonuses, despite the fact that it can only be claimed by new players once in their lifetime.
Many players also refer to the welcome bonus as the best casino bonus, as it is often the most rewarding one at the featured online casino. Some welcome bonuses require the players to type a certain bonus code when applying for the promotion.
The rewards from the NZ casino welcome bonus often consist of bonus money and free spins. If the welcome bonus gives out cash prizes, then it might be calculated as a deposit match bonus. There is always a minimum deposit limit that applies to the welcome bonuses as well as a maximum bonus amount that can be claimed.
As for the free spins that come with the welcome bonus offers, they are usually given in separate packs over the course of several days. Those free spins are almost always restricted to certain slot games with certain bet limitations.
Some online casinos might even offer a welcome bonus that only consists of deposit free spins, leaving out the bonus money. Other NZ online casinos might even include a cashback bonus offer in the welcome bonus. Newly registered players might also need to use a bonus code when applying for a welcome bonus on a certain gambling site.
The purpose of the welcome bonus is to provide the players with free spins and free cash that they can use to get familiar with the casino platform and its casino games, before wagering on the real money casino games.
Deposit Match Bonus
Match deposit bonuses can be found at any casino platform, including the best online casinos on the market. The reason behind it is the fact that this casino bonus offer is rewarding the players that make a certain deposit into their account.
As the name clearly indicates, the match deposit bonus is giving out a bonus amount that is calculated as a bonus percentage on the player’s deposit. There is always a maximum deposit bonus limit that a kiwi player can claim as well as a bet limitation when using the deposit bonus funds.
The welcome bonus offers, as we mentioned in the previous section, are most often deposit casino bonuses. In order to claim a casino deposit bonus, the players must first make a deposit that is either at the minimum deposit limit or above.
It is worth noting that deposit bonuses come with certain terms and conditions that every player must read before claiming a deposit bonus. The wagering requirements are a very important part of the T&Cs from the deposit match bonuses.
No Deposit Bonus
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No deposit bonuses are the opposite of the deposit bonus offers, as they don’t require a minimum deposit in order to give out rewards to the players. A no deposit casino bonus can reward the players with prizes such as free spins, free cash, or cashback.
The most common form of the no deposit bonus is the no deposit free spins offer, which is most often given as a welcome bonus. NZ online casinos often use no deposit bonuses as a way to promote new casino games, especially online slots.
Many NZ casinos are rewarding their VIP players with a no deposit bonus after they’ve reached a new level in the loyalty program. These special bonuses are also known as loyalty bonuses and can come as free spins or free cash.
Although the no deposit bonus offers seem like the best casino bonuses, it is worth noting that most of these casino offers come with high wagering requirements and capped winnings.
Free Spins
Almost every NZ online casino features a free spins bonus in its list of available promotions, as this online casino bonus is one of the most offered bonuses in the industry. Many New Zealand casinos use the free spins to promote some of their new online slots.
The bonus spins are often part of the welcome bonus as an additional reward that comes with the bonus funds. Some casinos are also offering welcome bonuses that only provide bonus spins, which is a nice way to help new players learn how online slot games work.
Deposit free spins can also be found at the casinos, which are designed to give a certain number of free spins after a kiwi player has made a deposit at the casino. Some NZ casinos are giving out free spins without requiring an initial deposit from the players.
The free spins usually come with a maximum bet limit that isn’t very high and a maximum win limit. Also, the players can use the free spins only on certain online slots, which can either be newly acquired slots or the most popular slots on their platform.
You might even stumble across casino offers that provide the players with free spins, but don’t come with wagering requirements.
Reload Bonuses
A casino reload bonus is a type of deposit bonus that is offered to existing players that have made deposits at the casino in the past. Casinos use reload bonuses to reward their registered players for continuously wagering on their casino platform.
The reload bonus can either be a daily or weekly casino bonus offer. A daily reload bonus rewards the players on a daily basis after they’ve made a certain deposit amount. This casino bonus can be received once every 24 hours after depositing.
As for the weekly reload bonus, it can be claimed only once per week, on a specific day of the week. The weekly reload bonus is almost always more generous than the daily reload bonus. Although a reload bonus won’t be as big as a deposit bonus, it still is a nice reward to claim.
The wagering requirements on these casino bonus offers aren’t very high, which is why many players are fond of claiming them. Some might think that it is the same as the deposit bonus, but the main difference is the fact that the reload bonus can be claimed multiple times, which isn’t the case with the deposit match bonus.
Live Casino Bonuses
The live casino bonus offers are online casino bonuses worth mentioning, as live casino games are extremely popular nowadays. These exclusive bonuses are giving free cash to the players that make a minimum deposit, which can only be used on live dealer games.
It is usually offered as a deposit match bonus and it is being used by casinos to promote their live dealer games. They can also come in the form of cashback or even as a part of a live dealer tournament.
High Roller Bonuses
A high roller bonus is a bonus type that is rewarding those players who make big deposits at the casinos. The prizes from these bonuses are also very big and are most often given as bonus money.
They are often offered by reputable online casino sites, as not every casino can risk rewarding higher bonus amounts to their players. Although, every casino dreams of having high roller players on its platform, as they tend to spend a lot of money when wagering.
There are reputable casinos that are offering a special welcome bonus just for the high roller players. The minimum first deposit for this type of welcome bonus is usually bigger than usual.
Cashback Bonuses
Online casino sites use cashback bonuses to give their players a portion of their losses back to them. The cashback is calculated as a percentage of their losses made during a weekly or monthly period.
This is a very appreciated bonus by the players, as there can always be days when they might lose some money. A cashback can also be offered as a VIP bonus for the players that are part of a loyalty program.
Online Pokies Bonuses
Online slot bonuses are amongst the most frequently offered bonuses as online slots are the most played games at every casino. They most usually come in the form of free spins, which can only be used on specific pokies.
Apart from the free spins, an online pokies bonus might also offer the player a chance to claim bonus funds. But, the bonus funds from this bonus are restricted only to the use of online slots.
Just like the other bonuses, the online pokies bonus comes with specific terms and conditions that every player must read and obey if they want to claim and withdraw the bonus funds and any winnings made with it.
Why Is the First Deposit Bonus the Most Common Online Casino Bonus?
Every online casino that is operating in the iGaming industry makes sure to add a generous welcome bonus into its available promotion. The reason behind it is the fact that the sign up bonus is the best promotion when it comes to attracting new players.
If you aren’t aware, the first deposit bonus is a special casino bonus offered only to newly registered players, which can only be claimed once per account. Many players would say that the first deposit bonus is the best online casino bonus to claim, as it is often providing them with the most rewarding prizes.
The better the first deposit bonus at a casino, the bigger the chances for new players to register an account at its casino platform. Most players will choose a casino that rewards them on their first few deposits with generous bonus funds and a large number of free spins.
Casino Bonus Terms and Conditions
Regardless if the casino bonus is rewarding the players with bonus funds or free spins, it will always come with certain terms and conditions. It is very important for every player to read through the terms and conditions before applying for a bonus, as there they will find some crucial information about the offer. Below we will list and describe the most common T&Cs.
Minimum Deposit Amount
Every deposit bonus comes with a minimum deposit limit that shows how much money a player must deposit in order to claim the featured bonus. Some casinos might require the players to use certain casino bonus codes when making the deposit.
Wagering Requirements
One of the most important features in the T&Cs is the wagering requirements. They show how much money a player must wager through the bonus funds before they are allowed to make a withdrawal.
The average wagering requirements for the bonuses go around x35 and everything below that is considered to be highly acceptable. When it comes to the total amount that needs to be wagered, will be calculated by multiplying the bonus’s wagering requirements and the deposited amount.
Fulfilling the wagering requirements from the free spins is calculated by multiplying the wagering requirements with the minimum spin cost and the deposited amount. It is worth noting that even sports betting bonuses come with certain wagering requirements.
Maximum Win
In the terms and conditions, you will also read about the maximum possible win that you can claim using the bonus cash or the free spins. Casinos put a limit on the amount that the players can win with the bonus to limit their exposure and limit their potential losses.
Bonus Code
There are certain bonuses that require a casino bonus code to be entered when making a deposit in order to apply for a featured bonus. Every bonus code is made out of a string of letters and numbers and it is unique for every bonus. The bonus codes are being used by casinos for all types of bonuses, including the free spins and no deposit bonus promos.
Expiration Date
All bonuses have a certain expiration date at which time the players must use the bonus funds or free spins and fulfill the wagering requirement. It is worth noting that the free spins come with a shorter validation period than the bonus cash.
Game Restriction
Last but not least, in the T&Cs you will also read about the games that are eligible to wager on with the featured bonus cash or free spins. You will also find out that certain games contribute more than others towards the wagering requirement.
Important Factors to Take Into Consideration Before Applying for a Casino Bonus
There are countless casino bonuses on the market, offered by all kinds of online casinos. This makes the whole process of applying for a casino bonus much more complicated for the players.
We at BestCasino are listing only the best casino bonuses in New Zealand, but every single one of them is unique in its own way. In order to make things much easier for you to choose a casino bonus, below we will mention some key factors that you need to take into consideration.
How Rewarding Is the Bonus?
When looking for a casino bonus, make sure to check the total bonus amount and compare it with other bonuses before applying for one. If the bonus is offering free spins, make sure to check the maximum win amount that can be won with them.
Are the Wagering Requirements Too High?
It is crucial to check whether the wagering requirements from the featured bonus are too high. If they are above x35 then you will need to spend a lot of money to fulfill them before you are allowed to withdraw the bonus money and any winnings made with it.
What Are the Eligible Games?
Every bonus is restricted to certain games, so it is also very important to check whether your favorite games are eligible to play with the bonus money or free spins. Most bonuses are eligible to use on online slots, which are the most popular games at every casino.
What Are the Bet Limitations?
A casino bonus might seem very generous at first, but it might come with some low bet limitations. That would mean that the winnings made with the bonus money or free spins will be very low.
