New casinos and their bonuses

By 26 October 2020

New casinos often launch special welcome bonuses and other offers for first time and established gamblers. But is it worth to take up those offers? In our opinion, players can consider those promotions after doing the background checks. If you are entering the gambling world for the first time, check up some online reviews, these reviews can be read on 123casinobonuses .

Different kinds of bonuses

When you sign up on a new casino, you could be offered one of these two bonuses- Deposit or No Deposit Bonus. The former is offered when you make an initial deposit with the online casino. The amount can be as low as 10 GBP or higher. Before you make your deposit, follow up on these steps. Read everything about your casino.

  1. Fill in your name, email id, password, etc.
  2. Connect your casino account with your bank account/ Visa/ Mastercard/ e-wallet

Before making your first deposit, you will have to click an email verification link sent to your mailbox. Once you have done that, you are ready to make your initial deposit. Some online casinos don't insist on any deposits, they offer you a No Deposit Bonus. In this case, there is no need to connect your bank account to your casino.

Welcome Bonuses from

Welcome Bonuses can be awarded on matching or percentage basis. In the former case, the casino matches your deposit amount and gives an equal amount as bonus. For example, if your deposit is 5 GBP, the casino would give you 5 GBP as a matching bonus. In percentage bonus basis, your bonus is given as a percentage of your deposit amount.

In both cases, the casino sets a maximum limit. Let's take an example. Suppose you make a deposit of 100 GBP and the casino gives you a matching deposit of 400 % upto 800 GBP. This means you receive a bonus of 400 GBP on your deposit from your online casino.When you deposit 200 GBP, the casino bonus would be 800 GBP.

No Deposit Bonuses and other bonuses

Many new online casinos offer No Deposit Bonuses to new players. However, these bonuses come with certain terms and conditions about which we will talk later. You can also receive these bonuses without signing up. By just liking a casino Facebook page, receiving a referral link or joining a newsletter list, you can receive these exciting bonuses. Use your No Deposit Bonus to ace your game.

If you continue playing on your casino, you might be rewarded with Reload Bonuses. These come into play when you renew your casino account frequently. Reload Bonuses are awarded on weekly, fortnightly, or monthly basis. Before signing up, check if your casino offers Reload Bonuses. You might receive a special bonus if you decide to signup using a specified payment gateway such as Visa, Skrill, etc.

Other casino bonuses

Loyal players can get a shot at the VIP program of their online casinos. If you have been playing for long, you might receive several privileges such as a personal account manager, special deals and packages, etc. High rollers or players who lay very high bets often receive special bonuses and deals from their online casinos. Find out whether you are eligible for this benefit.

  • Before signing up, read all the terms and conditions
  • Understand the tax implications of your bonus winnings

Casino bonuses come in different forms. If you have maintained high deposit amount , you might get another special bonus from your online casino. Preferred Deposit Bonus is given when you open your account using a specified gateway. Here, your bonus is awarded in terms of the percentage of your deposit. You might get a special bonus if you signup using a specific website such as Amazon, etc.

Bonus Terms and Conditions

Every Deposit Bonus is linked to certain terms and conditions. Even your No Deposit Bonus is governed by a few requirements. First and foremost, you can't withdraw your bonus amount from your casino account. This is virtual money and has to be used on gambling alone. Secondly, all bonuses need to be utilised within a specified time period. This duration could be a week, a fortnight or a month.

Third, your bonus amount must be utilised while gambling on specific games. These games vary from one online casino to another. Four, every bonus amount is tied to specific wagering requirements. For example, to redeem your bonus amount of 10 GBP, you will have to stake 10x this amount i.e. 110 GBP. This staking amount varies from one game to another on your online casino.