There are many bonuses offered in an online casino. Some of the types are,
1. Signup bonus: Almost all online casinos offer this signup bonus as certain percentage of the player’s deposit. This is provided to the new players who make their first deposits. This is also called as “welcome bonus”. It is generally provided to encourage more players to visit their site. This bonus will usually require a deposit to be made to cash out the bonus amount.
2. Sticky bonus: Sticky bonus is another type of bonus which cannot be cashed out. This bonus can instead be used to bet more. For example, if a player deposit $100 and he is provided with a 100% sticky bonus and it makes the total to be $200. Now, if he earns $100 dollar by wagering $100, then he can only withdraw the $100 of prize amount and cannot withdraw the bonus of $100. Instead, he can use this bonus amount of $100 to bet more. This is also called as “phantom bonus”.
3. Cashable bonus: This bonus is usually cashable upon meeting the wagering requirement. If a player meets the wagering requirement and has the bonus amount in his account, he can then withdraw it.
4. Cash back bonus: This type of bonus is very unusual. This is usually provided to the losers in the game. This is given as certain percentage of payback of the losses incurred by the player. It may be like 25% of the losses incurred by the player during the week will be refunded.