Casino bonus offers can come as welcome bonuses or loyalty programs. Welcome promotions are tailored for new signees, whereas loyalty programs are bonuses for existing players. Below are the different types of deposit bonuses for new and loyal players:
Deposit Match Bonus
This is the most common welcome bonus on live casino sites. With this bonus, the live casino will match the player's initial deposit by a specific percentage. The live casino will also specify the maximum bonus amount.
For example, a live casino can welcome new gamers with a 100% deposit match bonus of up to $200. Now assume a player makes a $20 deposit. The live casino will match that deposit with $20 in non-withdrawable bonus money, giving the player a total bankroll of $40. Remember, the maximum amount is $200, even if the player deposits more.
Reload bonuses are also widely available, like deposit bonuses. These bonuses are often tied to the match deposit bonus, meaning their structures are identical. The primary motivation behind reload bonuses is to encourage new gamblers to deposit and play using real money. Existing players can also claim a reload bonus.
But unlike deposit bonuses which often have more than 100%, the percentage match in live casino reload bonuses is often lower. Most times, a live casino reload bonus for new gamblers would have a 50% match rate. But note that the percentage can be much lower for loyal patrons.
Free Spins Bonus
A free spins bonus is a live casino reward for loyal and new players. The casino can reward gamers with a certain number of spins on a particular slot machine, often those the casino wishes to introduce to players. Free spin bonuses can come as a standalone deposit bonus or part of the match deposit bonus promotion.
The good thing about free spin bonuses is that they are easy to claim and withdraw. The casino would specify the machine on which to play the games, and players can receive a payout after clearing the terms and conditions. This means gamers must be careful with slot features like Return to Player (RTP) and volatility when claiming free spins.
Live casinos understand that losses can dampen the morale of most players. So, these casinos can offer cashback bonus rewards to protect gamers from heartbreaking losses. It's simply a refund of the player's losses over a specific period. Like match deposit bonuses, cashback bonuses are in percentages.
For instance, a live casino can run a Monday cashback program of 10% up to $50. This means players will get a 10% refund of up to $50 on all their Monday losses. Although small, it's enough to allow players to win a payout on their favorite casino games.
Risk-Free Bet Credits
These live casino bonuses are widespread in the regulated US iGaming market. With a risk-free bet credit, players only need to place their first real money bet and claim the reward if the bet losses. But if the bet wins, they receive their payouts as usual.
Here is how a risk-free casino credit works; a live casino might offer a risk-free bet of up to $100 for new players. A player will then place a $20 bet on a live casino game. The player gets $20 in bonus funds if it is a loss. But if their first bet wins, they get nothing.
High Roller Bonus
This is a general term used to refer to live casino bonuses for players who wager large amounts. In other words, a high roller bonus helps the live casino attract and retain high-spending players. These casino perks generally offer more generous packages than standard bonuses.
A high roller bonus can take many forms. The live casino can offer this bonus as free spins, cashback, or a match deposit bonus. For example, a high roller bonus package might offer a 300% up to $5,000 match deposit bonus. The live casino can then set the qualifying deposit as $500.