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Bonuses are a great way to start out at an online casino. You can start with a hefty welcome bonus, play a few of your favorite casino games, and then cash out with real money. Sure, land-based casinos offer free drinks and rooms as comps, but online casinos offer much more money through bonuses. Read on for a breakdown of all the types of bonuses available at online gambling sites. Follow the rules associated with the bonus and you can be cashing out with real money in no time.

The match bonus is the most common type of bonus when starting out a new online casino. The casino matches a certain percentage of your initial deposit. It may range from a 10%-100% match. There are a lot of 100% matches, but they are only worth up to a certain amount, like $1,000, for example. The bonus amount depends on what promotion the online casino is running at that time. Smaller match bonuses, like 50%, may be offered on your next few deposits as well.

For a cashable bonus, you must meet certain wagering requirements before withdrawing the free bonus money. The requirements may be playing through to a certain amount or playing on certain games. Most bonuses employ a play-through requirement using a multiplier (x). Let’s say you have a 15x play through on a $100 deposit with a $100 match bonus. That means that a $100 deposit + $100 free bonus x 15 = $3,000 play-through requirement. You must keep playing until you wager $3,000. Then, you may withdraw your bonus money. The bonus is added on to your winnings. A sticky bonus is not allowed to be withdrawn, but any winnings from playing the sticky is. A no-deposit bonus requires no minimum deposit, but usually has a play-through requirement. Some online casinos don’t allow play on progressive jackpots for no-deposit bonuses.

Another type of bonus you can use with real money is a cash back bonus. These are given following a loss. A portion of your stake is returned, usually at the end of the week. It depends on the promotion, but some online casinos offer a 20% cash back bonus each week. That means that if you had an overall loss over the span of the week, you would get 20% of your losses back. Online casinos also offer comp points. They aren’t as great as what you would find at land-based casinos, but the points can be exchanged for cash, prizes, etc. The points vary with each game and are usually minimal per wager. Online casinos also have the best loyalty programs. There are generally multiple levels, or tiers, to an online gambling site’s loyalty program. Most loyalty reward comps return about $10 for each $10,000 played. That may sound like a bad deal, but it doesn’t take that long to add up for the avid gambler. The loyalty levels offer different benefits like cash, prizes, tournament entries, etc.

Always read the terms and conditions attached to any bonus so you don’t get screwed over. Make sure the bonus can be played on your favorite game. Then, you’ll be on your way to earning real money just for signing up with the online casino.

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