Types of Bonuses
Updated: March 17, 2019 | Written by: Oliver Williams
Almost every online casino offers a number of New Zealand friendly bonuses. However, since players in the past realized how these generous bonuses can be exploited, they often have several requirements to avoid losing money through their bonuses. When you are offered a bonus, always check over the guidelines, rules and requirements beforehand. Online casinos should always make their requirements clear before you completely sign up. In order to claim a welcome bonus, you need to have a registered account. You may need to input a code or make a deposit, however this isn’t always the case due to the wide range of casino bonuses.
Cash Back Bonus
Cash back is usually offered to high roller players. You may be offered 20% or so back based on your cash losses over a period of time. Some offer weekly cash back bonuses, while others may do bi-weekly or monthly. You can use these bonuses to pad your account or to replace some of what you’ve lost while playing. You may have a limit of $100-$500 in cash back, however these bonuses are a great way to ease the burn of a loss.
No Deposit Bonus
A no deposit bonus is a rare thing to see at an online casino, though a few do still offer them. Any casino that offers a no deposit bonus in return for downloading and registering with their casino is likely to have very strict restrictions and requirements to ensure that the bonus isn’t abused. For example, you will have to reach the wagering requirements using the entire bonus before you will be permitted to withdraw the winnings.
A banking bonus is typically offered to New Zealand players to serve as an incentive to use a payment other than a credit card for transactions. It is far safer and more secure to make deposits and withdrawals using an alternative method. Not to mention some websites struggle to make deposits using a credit card quickly. They may give you a percentage of your deposit, free games or something else. These bonuses typically have a limit for deposit, and totals for each week and month.
High Roller Bonus
High rollers tend to pick an online casino and stick with it. This makes them extremely loyal players, and liable to receive rewards that reflect that loyalty. There are often perks given to high rollers, such as higher match deposit bonuses of 40-50%. The bonus depends on the casino, promotion and terms of the bonus.
Refer a Friend Bonus
Most casinos have a refer a friend bonus that they give when a person referred by a pre-existing customer to register and play. You might receive cash, points, cash back or credits. Usually, the referred friend must register and make a deposit and start playing before you can receive the reward.
Free Spins Bonus
Perhaps one of the most common bonuses, the free spins one is typically rewarded along with an extra deposit bonus. You may be able to get bonus money and a few free spins, though you will still need to meet all terms and conditions to get it. Some free spins are paid directly to your account in cash.
Loyalty bonuses are pretty awesome and reserved for regular players. You earn points per a determined amount of money wagered on a game. Some casinos require that you cash these points out yourself, though some will do it for you.
A match bonus is always based on your deposit. With most online casinos, there are requirements to the amount of gambling that must be done before you can withdraw the winnings. However, there is almost always a pretty high match bonus. Some might offer around 50% while many others offer upwards of 100% and more. In some cases, there may be requirements to wager your deposit and the match deposit before you can withdraw from the account.
Oliver is passionate about the online gaming industry. He enjoys writing stories focused on casino reviews, software updates and new game launches. His professional background includes working as an executive editor for a national New Zealand magazine. When he’s not writing he enjoys fishing with his two boys at a nearby river in Tauranga where he was born.