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Other popular types of bonuses include sticky bonuses which are an amount that the casino gives you to gamble with, but that you cannot withdraw. With this type of bonus, you are essentially being given free money, but you are only able to withdraw the money that you have won, or put in yourself.

When you make your withdrawal, the bonus money will be subtracted from your balance. Any casino worth its salt realizes how important it is to keep its new and existing players happy by increasing their chances to win. Dragan Sutevski is a founder and CEO of Sutevski Consulting, creating business excellence through innovative thinking.

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As the name suggests, you can only use them for making wagers. In practice, it would look something like this. If that bonus was a traditional one, you would be able to get the entire sum. The most common type of bonuses is welcome bonuses, also known as sign up bonuses.

They are given automatically to all new players and usually represent a fixed sum. Some casinos prefer to give other bonuses instead of money to new players, like free spins or specific game credits. It is up to you to do your research and see which casinos offer a welcome bonus that best suits you. Generally speaking, a simple money bonus is more versatile and probably best for new and inexperienced players. However, if you want to play online slots exclusively, the value of free spins can often be greater, giving you more time to play, and a bigger chance of winning.

A deposit bonus is given to players when they make their first deposit. Most likely, this bonus will be either sticky or come with wagering requirements. Again, make sure that you understand all the strings attached to it before accepting it. Some casinos limit deposit bonus on your first deposit only, but these days, many will give it for every deposit you make, regardless of how long you have been a member.

It has been proven as a great way of rewarding loyalty and keeping old players. Casino bonuses can be a great way of extending the fun you have while gambling, but only if you understand their limitations. Of course, it is up to you to actually read the terms. Reading them will help you do that, so you can enjoy playing without having any false hopes.

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