The 7 Different Types Of Online Casino Bonuses on Parimatch

Most of the time punters are afraid of risking their money, but in online gambling losing is part of the gaming factor. You don’t win till you lose first. But that does not mean you have to put your money down the drain. Online casinos offer bonuses as a way to reduce the amount you’ll lose and retain players on the platform. 

To get access to a variety of bonuses we recommend sticking to an online casino rather than a land-based one since there the options are limited. For players, these bonuses can be a way to ward off unnecessary losses and earn some free money. Casinos like Parimatch on the other hand can attract new players players and retain regular ones. 

Many are not aware of the types of bonuses, their potential benefits, and wagering requirements, hence they end up missing the best part of online gambling. Here we have made a list of the type of bonuses you’ll find in an authentic online casino.

Welcome Bonus

Parimatch Welcome bonus, the most sought-after and common type of bonus in online casinos. Sometimes referred to as the signup bonus or first deposit bonus, the welcome package comes with a calculated bonus on your first deposit and free spins. Depending on the site the bonus amount might change as per the fixed deposit percentage along with its maximum bonus limit

This type of bonus is only available to first-timers on their first deposit. But unlike other bonuses, a welcome bonus consists of a huge amount and amazing rewards, making it attractive and desirable in the gaming community.

Deposit Bonus

Also known as the reload bonus, a deposit bonus is offered only after the welcome bonus has been completely used. Based on the casino you have opted for, you can also get the deposit bonus as part of the signup promotion.

These bonuses are customized to cover half or more than your deposits, such as 50% or 110%. But before moving forward, you should be informed that there is a set of conditions that need to be read and understood before you use the bonus and withdraw the money. Currently, Parimatch online casino holds the number-one spot for providing refined reload bonuses. 

No Deposit Bonus

This type of bonus is quite convenient and unique since it allows you to play without risking all your hard-earned money.  Sometimes a no-deposit bonus comes in the form of free slot spins or at times in cash. To limit its use, casinos restrict the bonus to certain games such as roulette, poker, teen patti, and many more. But games like blackjack on the other hand are not eligible since they have a lower house edge and give players a higher chance of winning. 

Free spins

Online slot players love this kind of bonus. A lot of online casinos are giving this bonus away, like Casino Max. It is available in sets of 20, 30, 50, or even more than 100 pieces. Not all platforms provide free spins. Online gambling sites such as Pariimatch offer around 10-200 free spins after a player’s first deposit. You should carefully review the terms and restrictions though, as the majority of these free spins have to be used within a certain time.

Cashback Bonus

As the name suggests, cashback bonuses when applied give back a certain amount of money after a loss. Many online casinos provide bonuses on a daily, weekly, or monthly basis. Although they can’t cover all losses, you can still get back 10 or 50 percent of the loss. The bonus represents the appreciation of the business towards the player for remaining loyal to the casino.

Loyalty Bonus 

Once you have signed up for an online casino, you can join their VIP/Loyalty programs to get some extra perks, one of which includes loyalty bonuses. These bonuses are comparatively bigger and better than the ones mentioned above since you can get them at lower wagering requirements. Which means you don’t have to struggle to get your winnings sooner. Loyalty bonuses are just a token of appreciation sent from the company to the customer besides various other rewards.

Payment Method Bonus

A variety of banking options are available at certain online casinos for both deposits and withdrawals. A bonus is typically offered by an online casino to players who employ a specific payment method—e-wallet payments, in this case. These perks are rare, but if you’re fortunate, you might find them.

Conclusion

All these bonuses come in different versions. Some casinos might offer you all the types mentioned above, while some may offer less. You aim to look for a reliable online casino that gives you the best bonuses along with a variety of choices.

Parimatch is a brilliant online casino that offers a variety of casino games and is well-known in the gaming industry for its bonus packages, especially the welcome bonus where the maximum limit goes up to INR 30,000. To get an overview of the Parimatch online casino check out the parimatch official website. Learn about its terms and conditions to be eligible for the greatest online casino bonus right now!