How Do Online Casino Bonuses Work?

Written by Sophia Novakivska |
Reviewed by Mark Dash
June 19, 2024
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How Do Online Casino Bonuses Work?

If you have been following my blog for quite some time, you know that I know a lot about top-rated New Zealand gambling sites and their promotions. Having extra cash in my account always makes me stoked because with casino’s funds you can play a chocka of games with better winning chances. I bet you love it too, eh? 

Luckily, the number of real money NZ casinos that are willing to offer a lucrative deal is massive. But it can sometimes be tricky to understand how online casino bonuses work and what benefits you can get from them. The good news is that I am here to help you guide you through different types of promotions and their (sometimes tough) requirements.

I know that you guys are fond of playing pokies. This is good news if you want to grab nice bonuses, as many casino deals are connected to slot games. The first thing you must understand is that casino bonuses will give you a chance to win cash and play for a longer time. 

So, in this article, I offer you to take a squiz at the types of bonuses that exist and how they work.

Welcome Bonuses

This is the first type of casino bonus you are ever likely to come across on your casino journey. Once you have registered your details with an online casino platform and made a deposit into your casino account, this offer is waiting. A welcome bonus is a nice greeting from the casino you are using, which generally offers players the chance to double their funds. For example, a popular welcome offer is a 100% deposit match of up to 500 NZD + 100 free spins. This means that if you add 500 NZD as your first deposit, the casino is willing to add another 500 NZD on top. As you can see, this is a fabulous way to get started at a new casino. 

No Deposit Bonuses

Now, this is my personal favorite type of casino bonus and one that is difficult to find. A no deposit bonus gives an opportunity to not only new players but existing players to benefit from this offer. The most common NZ casino no deposit offers are free spins, free play and free cash. Players will get the chance to gain free spins to play specific pokie games. There is no need to add any money; you will get a certain number of spins, and any winnings from these spins must be wagered before a cashout is permitted. The free cash will be awarded to the player’s account and must be wagered a certain number of times before a withdrawal is allowed. 

Cashback Bonuses

Losses are part of gambling, and the cashback offer is a great way to reset. In most cases, according to Templated NZ, the online casinos in New Zealand set their cashback rate at 5-10%. This means that players who lose over a specific time frame will get 5% of their losses returned into their casino account. If you are a member of a VIP program or constantly make high-roller bonuses, you might be treated to a 15% cashback deal. This money can not be withdrawn; it usually comes in the form of free spins or free play of certain games. In most cases, any winnings made through these free spins will be subject to wagering restrictions. 

Reload Bonuses

A reload bonus is generally aimed at returning players. Players will be required to have taken the welcome bonus to be eligible for this offer. These offers are usually a percentage match bonus where the casino will match a certain percentage of your deposit on specific days. Let’s say it is Friday when you can claim a reload bonus of 50%, which matches up to a maximum of 200 NZD. This means that if you add 200 NZD on Friday, the casino will add another $100 for you to play with. There will be a time frame for using this bonus and a minimum deposit, too. 

Loyalty rewards

Most casinos will offer loyalty rewards to gamblers who are loyal to the casino. The more you play, the more rewards you are likely to gain. It is a great way for casinos to keep players coming back for more. Basically, players gain loyalty points the more times they wager and play certain games. The more points you gain, the higher up the loyalty ladder you climb. The more loyalty points you earn, the more you can get, like higher cashback bonuses, faster withdrawals, free spins and access to exclusive tournaments. 

Understanding Bonus Requirements

There are several essential terms you have to understand if you want to enjoy casino promotions. Please check them out below.

Minimum Deposit

To qualify for casino bonuses on NZ sites, Kiwis will have to make a minimum deposit. The good news is that many online platforms set their minimum as high as 20 NZD or above. When you visit New Zealand sites, the minimum deposit is set at 10 NZD. This allows players on a lower budget to take part, too. Once you have made your minimum deposit, go to the next step – eligible games. 

Eligible Games

You are not free to play whatever games you desire with a casino bonus. It is essential that you read the terms and conditions of the casino bonus fully. It will give you all the information about the casino offer and what is required from you. In most cases, pokie games are the best choice when it comes to completing wagering requirements. Most casinos say that their pokies contribute 100% toward the wagering requirements. 

Wagering Requirements

Sometimes, calculating the wagering requirements on casino platforms can be tricky. It is pretty much a certainty that any bonus you decide to take part in will have wagering rules to follow. This means that after you have used all the free spins or free cash on your games, any money you have won is subject to wagering. Now, if the wagering requirements are x35, players are required to bet the bonus money another 35 times before a cashout is allowed. You can use pokie games to complete 90% of wagering requirements, while table games only contribute to 10% of wagering requirements. 

Bonus Validity

Whatever casino bonus you decide to take part in, there are time restrictions. You will usually find that free spins can be used within 48 to 72 hours before they are void. If you grab a cash bonus where you play a slot game with the casino’s funds, you generally have 30 days to complete your wagering.

Summary

Casino bonuses are a fantastic way to play for longer and grab free money or spins; however, paying with casino funds is not such a piece of piss process as many think.  Picking the right New Zealand casino platform can give you access to amazing promotional offers. It is important that you read the terms and conditions carefully so you understand what is required. There is nothing better than winning at a pokie game, and when you get the opportunity to gain free money, you can not beat it.

Sophia Novakivska

Pokies & Live Games Specialist 10 years experience Sophia Novakivska has 10 years of experience in online gambling. For the past decade, Kyiv-trained linguist Sophia Novakivska has analysed everything from slot algorithms to live-dealer probabilities. Her bylines appear on Better Collective, AskGamblers and Gambling.com, and she specialises in NZ bonus clauses, slot maths and live-game odds. Sophia’s credentials include GLI University’s iGaming testing & compliance course (2020) and UKGC-approved Responsible Gambling certification (2022). About Sophia Novakivska | X (Twitter): @SNovakivska | Portfolio & Contact Expert on: slots online pokies casino bonuses

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