Welcome bonuses are one-factor influencing players’ choice of online casinos.
Approximately 70-80% of New Zealand players who sign up for online casinos tend to use welcome bonuses. Additionally, around 90% of new players actively seek casinos with attractive bonus offers as a major deciding factor.
Online casino bonuses are the point of attraction casinos make to lure players. It’s like a percentage of deposit doubled.
These welcome bonuses can provide additional funds and spins for players interested in pokies or traditional casino games at online casinos in New Zealand.
Types of bonuses
| Bonus Type | What is it? | % of Players Prefer |
|---|---|---|
| Welcome Bonus | The most common type of bonus that every casino offers. It is given to new players when they sign up or make their first deposit. | 90% |
| No Deposit Bonus | A bonus is offered without any deposit. It is usually awarded as spins to try games for free. | 50% |
| Free Spins | A certain amount of spins are given on pokies as a part of the welcome bonus. | 75% |
| Loyalty Points | It’s for loyal casino players. Points earned through regular play can be converted into bonuses or rewards. (Not for new players) | 60% |
| Reload Bonuses | Reload bonuses give you extra money or free spins based on how much you deposit. They can be a percentage of your deposit or a set amount. | 25% |
| Cashback Bonus | A percentage of losses returned to players as a bonus. | 55% |
1. Welcome / Signup Bonus
The first Bonus you will encounter at any online casino is a welcome or signup bonus.
This is the bonus you can get when you open up a real money account at the online casino, done when you register.
This may vary from casino to casino. Some online casinos might offer you free credits or free money to play as a new player, such as $20- $50.
There are but conditions applied to these new player bonuses.
Also, you might come across match bonuses as a welcome bonus where your first 3 or 4 deposits are matched at various levels.
Like 100% on a first deposit, 25% on your second deposit, 50% on a third deposit, and so on, which can give you up to $1200 in bonuses overall.
These match bonuses often come with time limits; for example, deposits may need to be made within 7 days of your first play at the casino.
Also, other rules apply to such casino welcome bonuses, like the wagering requirements and conditions when you can begin to withdraw money from your account in case of your wins.
2. No Deposit Casino Bonuses
Another type of bonus commonly found at online casinos is the no-deposit bonus. These bonuses give you a set number of free bets to play with when you open an account without depositing.
It would help if you used these free bets at a set time, and once you add funds to your account, you can play with any winnings up to a predetermined amount.
Also, a no-deposit bonus is a free spin bonus, which offers free spins on pokie games to new or existing players.
3. Free Spin Bonuses
Free spin bonuses are standard at online casinos these days. They can be given alone or along with welcome bonuses.
Most casinos offering free spins as part of their signup Bonus allow you to use some or all of the spins before you are required to deposit into your account.
Free spins are usually on a selected machine that you must spin and play for a limited time. Winnings from free spins are yours, but—there is always a but—you must comply with the bonus terms and wagering requirements.
For free spins awarded as part of a no-deposit bonus, a deposit may be required before continuing to play with any winnings.
4. Deposit Bonuses Or Payment Latest Bonuses
Match deposit bonuses are also expected at online casinos. You get a bonus if you deposit at the online casino using a particular payment mode, such as Neteller or an e-wallet.
For example, at Lucky Nugget, New Zealand, players receive a 10% match bonus when they make an initial deposit using the following e-wallets: Skrill, Neteller, Ukash, Neosurf, Clickandbuy, Entropy, and Ecocard.
5. Reload Bonus
These bonuses are also available for regular players at online casinos. Like all Pokies casinos, you can receive monthly loyalty or reload bonuses of 10% —20 % on new deposits.
There are reload bonuses in the form of birthday or anniversary bonuses at many online casinos. You get a 100% match bonus plus $5, meaning $205 to play with if you have been playing at the casino for over a year.
6. VIP Bonus And Refer A Friend Bonus
There are other deposit bonuses, like VIP or Refer-a-friend bonuses. If you refer someone to the online casino to play games and they open an account with the casino, you get a bonus, like at Royal Vegas.
For VIP bonuses, loyalty clubs or programs at online casinos are levelled according to VIP statuses like gold, silver, bronze, or maybe of a different name.
Regular VIP members earn 10 points for every $1 you wager, and after you have accumulated a set number, these can then be exchanged for casino credits.
VIP bonuses include rewards and other prizes, such as holiday cruise tickets, luxury goods vouchers, and invitations to special events.
When you attain higher levels in a loyalty scheme, you also benefit from higher withdrawal limits and faster withdrawal times.
7. Bitcoin Bonuses
These days, many online casinos offer Bitcoin bonuses to players like Emu, which provides a 400% BTC bonus on the first three deposits. Bitcoin, or BTC, is a form of digital money, also known as cryptocurrency. It uses digital encryption techniques for security.
An open-source software manages the transfer and verification of this digital data, and no middlemen or centralised banks are involved.
It has become a popular payment method for Bitcoin gambling, and there are several Bitcoin casinos online for NZ players.
You can find this currency as a payment option in many Bitcoin online casinos, poker rooms, and sports betting sites, and it seems to be the preferred choice for sports bettors and poker players.
Lastly, online casinos offer bonuses for playing Blackjack and Roulette or bonuses for specific Pokies. They also offer tournament games, Bingo and Keno bonuses, and many more.
8. Match Bonus
Another casino welcome bonus this place provides is that it will try to match whatever money the player invested in their account.
The only limit is the 100% minimum that you invest. And you will get double your investment i.e., if you invest $100, you will earn $200.
There is also the option of the minimum being 400% in some sites, meaning you earn more money than you invested.
9. Cashback
Cashback has become highly important because customers can always receive back a portion of the money they lost to the casino.
For instance, if you spend $200 and have a cashback of 20%, you can get $40 back.
The cashback limit is set between 5% and 20%, which can increase as per the cashback bonus you may receive.
This option builds trust by offering players insurance for their losses. You can get your money back quickly, at least a part of it, and it is not common for casinos to allow this.
What to look for in bonuses?
Bonuses do not come alone. One should look into many things when considering any welcome or reload bonus.
The important factors include:
- Wagering Requirement
- Minimum Deposit
- Bonus Codes
- Expiration Dates
- Eligible Games
Almost all the features an online casino offers contribute to its profits, which is why it imposes restrictions on bonuses.
Wagering Requirement – It’s a percentage that is taken by a casino on bonus winnings. It is generally more than 50x. A wagering requirement is the number of times you must bet the bonus amount before withdrawing any winnings. For example, if you have a 30x requirement on a NZD 100 bonus, you must bet NZD 3,000 before cashing out.
Minimum Deposit – Claiming a bonus requires a deposit. The minimum deposit is the minimum amount you must deposit to qualify for a casino bonus. For example, if a bonus requires a minimum deposit of NZD 20, you need to deposit at least NZD 20 to get the bonus.
Bonus Codes – To claim certain bonuses, you need to enter a bonus code during your deposit. For example, if a casino offers a bonus with a code like “WIN100,” you must enter this code to receive the bonus.
Expirations Dates – Bonuses are not available for a longer period. Generally, a bonus must be claimed within 7 days of your first deposit or sign-up. Usually, it’s not from the sign-up but the day of the first deposit.
So, these requirements must be met and checked before receiving any bonuses at New Zealand casinos.
Latest Bonuses
Online casinos always offer bonuses to their new and existing players. You will not come across any online casino without a bonus offer.
Online casinos commonly offer bonuses as part of their player engagement strategy.
Online casinos offer more than just one type of Bonus. Let’s review the different types of bonuses and their role in your gameplay.
Wagering Or Playthrough Requirements
Therefore, you should look for the terms and conditions that apply to wager and playthrough requirements when you go for a casino welcome bonus or sign-up match bonus.
Like the size of the playthrough requirement, such as 10x, 25x, or 40x, whether the playthrough requirement applies only to your deposit amount or to the deposit and the Bonus and the contributions different games make towards enabling you to meet these requirements.
Suppose an online casino offers a welcome bonus with a 30x wagering requirement. Before you can cash out any bonus amounts, you must wager 30x the sum you deposited to receive the Bonus.
FAQs
Is a signup bonus transferrable?
No, it’s impossible to do so because it’s linked to your casino account.
Can I register an account to claim the Welcome Bonus?
Correct, these bonuses are meant to provide new players with a unique gaming experience, so you need to sign up.
Will my casino welcome Bonus expire?
Yes, but the expiry date will differ from one casino to the next.
Will the welcome Bonus spoil my chances of winning?
No, it will give you more chances to win.
Will all deposit methods allow me to claim the casino signup bonus?
Unless stated otherwise, it should.
Is it compulsory to claim the Welcome Bonus?
No, but opting not to claim the bonus means you won’t receive the additional funds or spins it offers.
What are wager-free bonuses?
Wager-free bonuses are promotions where the player isn’t required to play through the bonus amount a certain number of times.
This means any winnings obtained can be withdrawn immediately without any restrictions.
How often do casinos update their welcome bonuses?
Casinos may periodically update their welcome bonuses to align with new games or seasonal promotions. This could happen monthly, quarterly, or during special occasions and holidays.
Is there a maximum win amount I can earn from using welcome bonuses?
Many casinos do set a maximum win limit when using bonus funds. Always check the bonus terms and conditions to understand any limits.
Do all games contribute to the wagering requirements equally?
No. Different games might contribute differently to wagering requirements. For instance, pokies might contribute 100%, while games like blackjack and roulette only contribute 10%.
How do casinos benefit from offering bonuses to players?
Casinos use bonuses to attract new players and retain existing ones. These promotions may lead to increased player engagement and future deposits.
Can I claim multiple welcome bonuses across different sister casinos owned by the same company?
Generally, yes. Each casino operates independently, and players can often claim welcome bonuses at multiple sister sites. However, always review the terms to ensure there are no restrictions.
How do I keep track of the progress of my wagering requirements?
Most online casinos provide a section in the player’s account dashboard that shows the progress of wagering requirements.
Are there any penalties for not meeting the wagering requirements within the stipulated time?
Players who don’t meet the wagering requirements within the set time usually forfeit the bonus amount and any associated winnings. Always read the terms to understand any potential consequences.