Online casinos award existing players deposit bonuses known as Reload Online Casino bonuses. These bonuses are only for existing players who make a deposit in the Casino. These bonuses are just like welcome bonuses except that welcome bonuses are offered only once to a new player.
Here are the features that characterize a Reload bonus:
Percent of the deposit given as a bonus:
Reload bonuses are less than a 100% of the deposit given while welcome bonuses are usually more than 100%.
Minimum deposit required:
The online casino has a specific deposit amount that can justify the bonus.
Wagering Requirements:
The casino sets the parameters of wagering.
Reload online casino bonuses are not always offered on all deposits. Methods to allocate the deposits on which reload bonuses are offered vary from casino to casino. A common method is offering a reload bonus on the first deposit of the week or the first few specified deposits of the month. Some online casinos may even pick specific days in a week for reload bonuses and make them a great promotional tool. These promotions vary from time to time offering a variety of reload bonuses and keeping things fresh and interesting.
Restricting the wagering is yet another way by which the bonuses stay interesting. Such tactics helps the online casino to attract players to games with higher house edges. On weekends Cherry Red online casino offers a 150% bonus for slots and only a 100% bonus for other games. Players are offered a better deal for playing slots and are lured to take the slots bonus even though there is a higher house edge playing slots.
VIP clubs are a common feature of many online casinos. Better incentives are awarded to players who wager more. They are placed in the higher VIP levels. When in the higher VIP level, players are awarded better reload bonuses. When players acquire such a status they are given reload bonuses more frequently.
Always read the terms and conditions of any bonus offered before taking the bonus.