South Africans love sports betting as well as gambling, and due to that, the trend of online casinos is booming in South Africa. The online casino industry is rapidly growing in South Africa and according to experts, it’s the second-fastest-growing online gambling market in Africa. It’s expected to grow at an incredible annual growth rate of 12.98% till 2026.
All forms of online gambling and online casinos are 100% legal in South Africa. Not to mention, pretty much all online casinos in South Africa are regulated by the National Gambling Board. Thus, if you’re thinking to try one, you must do it right away as there are minimal to no risks involved.
However, before you do, you must be aware of all the tiny bitsy details of online casinos, how they operate, and what benefits they bring to the table. In this article today, we’re going to specifically talk about the types of bonuses in online casinos. It’s imperative to know them if you’re looking to invest your money and make some quick cash.
Welcome Bonuses
Let’s start with the basics, many online casinos offer welcome bonuses these days. They’re particularly for new players and the idea is to encourage them to stay and enjoy the platform. Some of them offer welcome bonuses in the form of match deposits while others do so in the form of free spins.
Also, not all online casinos offer a bonus for new members. A few of them have high-wagering terms and targets. You only get the bonus once you fulfill all those terms and targets. All of these details are usually mentioned in the rules and regulations of online casinos. Make sure to give them a read and continue if the conditions seem fair to you.
Deposit Bonuses
Ranking second is deposit bonuses. They’re again to encourage new members to play more and win. Just like a welcome bonus, you get a multiple of the deposit after signing up and opening a new account. Depending on the casino, it could be twice, thrice, or even five times the amount deposited.
Once you have your deposit bonus, you can use it to play different games and make money. A deposit bonus of up to 100% is usually provided for table games like poker or blackjack. On the other hand, a deposit bonus of up to 200% is usually for the slot machines.
No-Deposit Bonuses
As you know, most new members are skeptical about investing their money in online casinos, especially those who haven’t gambled before. No-deposit bonuses are usually provided to all such people so that they can enjoy the games without risking money.
For a no-deposit bonus, one doesn’t need to add one’s card details, and no deposit is required. All you need to do is sign up and activate your account, and you’ll get your no-deposit bonus. The no-deposit bonus is mostly limited to $100-150. Also, it comes with a few restrictions. For example, chances are you may only be allowed to use your no-deposit bonus on a slot machine.
Reload Bonuses
Reload bonuses are again similar to welcome bonuses. They’re given to motivate members to keep betting, investing, and winning. They’re given to only existing customers, and that too, at a lower percentage (usually less than 100%). As the name suggests, a reload bonus is offered to players who have had a deposit previously at the casino.
Many players never settle with one casino. They continue jumping from one to another only to enjoy welcome bonuses. Reload bonuses help online casinos retain players. Due to that, many online casinos give a little extra every time a customer makes a deposit. In this way, the customer stays with the casino and continues to gamble.
Referral Bonuses
One of the best ways to market your business online is by giving out referral bonuses. It’s used by various platforms all over the world and not just online casinos. It requires you to share the link to a particular website or a download link to a specific mobile application with your friends and family.
When someone visits the website using the link you sent and signs up, you get a referral bonus. It’s as simple as that. Also, it isn’t a one-time thing. Every time you send out links for the online casino to your friends and family and bring in new players, you get a referral bonus. As mentioned above, it’s one of the most effective ways to bring in new customers; however, only a few online casinos offer referral bonuses.
Loyalty Bonuses
Many online casinos run loyalty programs as a way to reward their long-term players. A loyalty bonus is given when a player has been playing with a casino for a certain period and reaches a specific milestone. Loyalty bonuses are granted in various forms. The kind of reward you get depends on the kind of games you play the most.
For example, players who spend a lot of time in online casinos, make huge investments and have certain amounts of wins may get loyalty points that can be converted to wagering credits. Similarly, some online casinos offer rewards as per the level-up system. When you reach a certain milestone or hit a specific level, you get loyalty points or a particular amount of money.
The Bottomline…
Online casinos are very well-regulated these days. They’re not your ordinary gaming platforms that offer no compensation for their members. They’re organized in such a manner that they keep you motivated to play more and help you win. You can read the rules and regulations of an online casino before giving it a try. There, you’ll find everything about its bonus system. If the terms seem fair to you, you can try it out.
