Online Casino Bonus – What’s New in 2020
Are you on the hunt for the next online casino bonus? With the wide variety of online casinos in the UK, you’re spoiled with options. From attractive welcome packages for new players to recurring cash options and bonus rounds, we’ve reviewed the UK’s best operators and put together a handy list for you to choose from.
In this article, we also discuss the pros and cons of the different bonuses and why a free bonus no deposit option might not always be as good as it looks.
Best Casino Bonuses
Why Care About A Good Casino Bonus?
Online casino bonuses are a crucial element for today’s online casino industry. With more operators entering the market every year, online casinos are offering players increasingly desirable bonus packages. A competition on online casino welcome bonuses, cashback schemes, and bonus spins has started among operators. While it’s a tough situation for the casino sites, it’s good news for you as it means you’re getting more for your money!
Thousands of pounds in bonuses go to people every day – just for playing.
Online casinos are offering player packages that are worth thousands of pounds every day. While we could easily list a few of the countless offers you can find on the market, we tried to review each operator and filter the best from the rest. Ultimately, no one gives money away for free so when accepting a casino bonus always make sure to read the fine print. Let us talk you through the different options.
Different Types of Online Casino Bonuses
Not every casino bonus works the same, so we will run you through the most common promotion types to give you a clear understanding of what you can expect and how you can avoid potential pitfalls.
Online casino welcome bonuses are probably the most common types of player incentives. Given to players who are new to the casino, welcome packages typically come in the form of a deposit match, bonus spins, or a combination of the both. Usually, though, match bonuses are stretched over multiple deposits and are not credited to the player account in one go.
Betway.com, for instance, offers all new players a £1000 welcome gift that is paid out over the first three deposits. Let’s have a look at how this works:
- 1st deposit: Betway will double your transaction up to £250
- 2nd deposit: You will receive a 25% match bonus up to a maximum of £250
- 3rd deposit: Receive up to £500 with a 50% match credit
Bonus spins are the second most common incentive casinos offer their players. Other than welcome bonuses, spins are given out to new and existing players on a regular basis and are therefore quite popular among casino enthusiasts. It’s a win-win situation for both parties as casinos keep their customers playing while players can enjoy further rounds without having to deposit any more money.
However, with bonus spins, also referred to as free spins, there are often strings attached such as a limit on how much you can bet per spin or round and the number you need to wager any winnings before you can request a cashout. We highly recommend speaking to the casino before you leverage on “free” spins to avoid disappointment.
High Roller Rewards
When it comes to status, every reputed mobile casino has unique bonus packages for its high rollers and VIPs. The idea is simple: If you bet big money, you’ll receive big gifts. High roller bonuses are paid out for slot and table games alike and include free money, hidden perks such as exclusive tournaments, physical gifts and even all-paid vacations around the world.
While we all like a bit of VIP treatment from time to time, online casinos have high requirements for such status and often need to wager thousands of pounds before being considered to become a member of this elite group.
If you have the money to spare it’s worth it to become a VIP member and your favourite online casino but please do not chase after the status if it means that you’re stretching your financial means.
For those that want some VIP feeling without having to risk their own money, we recommend to check out Scott Richter’s Youtube channel ‘The Big Jackpot’ and let him take you on a high roller journey through Las Vegas’ best casinos.
Cashback bonus packages are casino bonuses tailored to the most loyal players. They are offered to you in return of your losses for a predefined period of time, such as a week or a month. Most casinos require you to reach a certain player status to receive money back. If you are a regular depositing player, the casino can transfer you a small percentage, usually between 3% and 10%, of your losses during the previous month back into your account. It’s a great way to continue playing your favourite online casino games without additional costs and feel valued by the operator.
Mobile Casino Bonus
Did you know that some operators offer casino bonuses depending on your device type? That’s right. You might be offered a better promotion when you sign up on your mobile phone. Casinos do this to promote their mobile platforms and get more people to play while on-the-go. At SmartphoneCasinos, we are all about mobile (you can probably tell from the name) and brands that we recommend all offer fantastic mobile casino experience. Just visit the casino site in your mobile browser and see what it’s like!
Should I Go for a ‘Free Bonus No Deposit’ Option
Some of the casino bonus types mentioned above are what you would call a ‘no deposit’ bonus because you essentially get them without having to pay-in any of your own money. However, the word ‘free’ is misleading in our opinion because all such promotions come with specific requirements that can make them much more unenjoyable than they seem at first.
For example, in most cases, you will face a wagering requirement for any winnings you generate from ‘free money’. It means that if you use free spins and win, let’s say £250, you will have to wager this amount up to 50x before you can cash out. In many cases, you will have lost the money before you’re even getting close to being paid.
Our recommendation is always to weigh the pros of cons when accepting a no deposit bonus. For trying out a game or just spinning the reels for a bit of fun, bonus spins and free money is great! If you’re in for the real deal then sometimes it’s beneficial to play with your own money as it will allow you to withdraw winnings instantly! We can’t make this decision for you but thought it’s important to mention.
How to Find the Best Bonus Offers
You’ve decided that you’re ready for a new casino bonus? Great! So let’s talk a bit about how to spot good promotions and, most importantly, avoid the dodgy ones.
It’s important to understand that an excellent casino bonus is not just about the amount itself. Some operators may try to lure you into signing up by promoting huge welcome packages, but when you read the fine print, you’ll find out the additional requirements make the offer much less attractive than you thought.
Rule of thumb: If the offer seems too good to be true, it probably is!
Gaming preference and your schedule are also important when choosing a bonus. Some offers, such as bonus spins, are only available on certain slot games or limited for a few days. So let’s say you’re really into more strategic table games such as Blackjack, but the bonus package is limit to slot machines then you might not be the right player fit for this casino as they have a different focus.
Here is our five-step checklist to find good offers:
- Review the homepage offer before signing up
- Read the terms*
- Make sure the bonus matches your style of play
- Be informed about the wagering requirements
*Luckily, due to new gambling regulations introduced by UK’s Gambling Commission, operators are now required to show bonus requirements along with the offers, which is an essential step towards player friendliness and fairness.
How do Welcome Bonuses Work?
This type of bonus is only available to new players where the casino offers to match the initial deposits up to a certain amount. Typically, welcome promotions are split over the first 2-3 deposits and range from £500 to up to £2000.
Are Casino Promotions legal?
Yes! The UK Gambling commission explicitly allows operators to offer promotions such as deposit match, no deposit, and bonus spins. Some black sheep provide their services without proper licensing in the United Kingdom. However, all casinos recommend on this site are fully licensed and regulated.
Why do Casinos even Offer Rewards?
Fair question! Online casinos didn’t use to have promotions for players in the early 2000s. However, with more operators entering the market, it’s becoming harder for casinos to attract new players. For this reason, customers are receiving special deals when signing up and additional gifts for being a loyal player.
Can I claim a welcome bonus more than once?
The Terms & Conditions of all casinos prohibit players to game the system and claim welcome offers several times. However, in most cases, this is also not necessary as casinos reward existing players with weekly promotions, free spins, and other cash incentives. If you want to receive multiple welcome bonuses, you are more than welcome to sign up at more than one casino.
How quickly will the bonus show in my account?
Theoretically, you will see the amount show up in your account immediately, but most casinos make you wager your own money first before unlocking the bonus amount.
Can I cash out the welcome bonus?
Yes! Once you have fulfilled the wagering requirements, you are free to withdraw the amount in full. Most casinos require you to play the bonus amount between 30 and 50 times before making a withdrawal request. Let’s say you receive £100 from the casino; you will have to wager £3000 (100×30) to cash out.