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In order to make your gambling experience unforgettable, casinos give away a number of incentives known as online casino bonuses to pique your interest and make you come back to their sites for more gaming sessions. 

Here at Chipy, we pride ourselves in hosting the biggest collection of online casino bonuses on the market, updated daily with unique exclusive bonus deals specially designed and mastered for our players. 

The benefits of using bonuses at online casinos

Here are some of the benefits of using casino bonuses: 

  • Trying new casinos for free without risking real money;
  • Playing with a large balance even when you’re on a budget;
  • Allowing you to extend your gameplay without additional costs.

 

Types of Online Casino Bonuses

In the following section, you will learn more about all the different types of casino bonuses that can be found in our bonus blog section:


No Deposit Bonuses

Just as the name suggests, no deposit bonuses are a type of online casino promotion that consists of a small bundle of bonus funds that require no deposit beforehand. Essentially, redeeming this bonus gives you an amount of free cash to play with in order to help you get your online gambling journey started. 

 

Types of Free Bonuses

Down below, we have listed the three main types of free casino bonuses, for your convenience:

  • No Deposit Bonus/Free Chip: This is one of the most popular free bonus types among players. When awarded the free chip bonus, you will get a nominal amount of bonus cash.
  • Free Spins (aka Bonus Spins): Equally popular among free bonus types, the free spins bonus grants players a determined number of free spins that they can use on certain slot games, without the requirement of depositing real money.
  • Free Play: Last but not least, if you claim the free play bonus you will get a certain amount of money to wager in a limited timeframe (usually 1 hour). When the time is up, you will be required to deposit money in order to keep playing. This particular requirement makes the free play bonus less popular than its previously mentioned counterparts.

 

Deposit Bonuses

The deposit bonus is a kind of casino bonus that online casinos are offering to their players in order to persuade them to make a deposit. Usually, the deposit bonus is a percentage of the initial deposit made by the players and added to their casino accounts.

When you claim a deposit bonus, the casino will match up your deposit to the % expressed with the bonus, allowing you to play with your new balance immediately.

 

Types of deposit bonuses

  • First deposit bonus (also known as a welcome bonus): The first deposit bonus is the deposit bonus you get on your first deposit, which will give you more credit to play with before you have even placed your first bet. 
  • The match bonus: This means that the online casino will "match" your deposit with a bonus. The amount you will get is usually a 100% match, 50%, and even 10%. After making your deposit, the match bonus money will go straight to your casino account. 

 

Cashback Bonuses

Most players are very fond of this type of online casino bonus for one particular reason - they refund a percentage of your net losses over a certain period of time. By claiming a cashback casino bonus, you earn back a percentage of your loss in the form of a cashback rebate issued by the casino directly, or a third party. 

 

Tournament

A casino tournament is an event hosted by an online casino where gamblers can play against each other by betting real money on a selection of games, with the purpose of winning the big prize. After you choose a tournament you want to compete in, you should check out our compelling casino tournament bonuses, for new players and account holders alike.

 

Online Casino Bonuses Most Common Restrictions

Down below, we have listed the most common terms and conditions you will come across while playing at online casinos.

  • Country restrictions

Some online casinos have restrictions inflicted on certain countries, which simply means that you are not allowed to sign up, because your country is restricted from playing at that casino. What is more, certain countries are restricted from receiving a bonus at any given casino. Your country may not appear as a 'restricted country' for playing at a casino, but you may not be allowed to claim certain casino bonuses.

  • Wagering requirements 

In general, casino bonuses come with wagering requirements that dictate how much you have to bet (wager) before you are able to collect any winnings. Some promotions consist of no wagering bonuses that allow you to withdraw right away, while others have a multiplier that can be as high as 100. Check out our no wagering casino bonuses page, where you will find the most common types of no wagering casino bonuses that online casinos are offering to new and veteran players alike, in order to help them keep their winnings.

  • Games restrictions

Some casinos inflict restrictions on casino bonuses for certain games or types of games. This is mostly applicable to slot games, so you should make sure which games are allowed before starting to play. Otherwise, the casino can void your winnings for breaching the bonus terms. Check out our Slots Dedicated Bonus page, where you will find the best bonuses for slot games around!

  • Maximum bet sizes

This is a bet restriction that you will notice when you are playing with an active bonus, and it means that you are not allowed to bet over a certain amount. If you go over this determined amount, you will be in breach of the casino’s rules and risking voiding your winnings along with your bonus.

  • Maximum cash out

You will notice that some casino bonus promotions come with this demand, and it means that you can withdraw a limited amount of money from a certain bonus if you win. The max cash out can be set at $50, or even $500, while some bonuses don’t have one. The higher the limit is the more money you are able to withdraw. 

  • Time limit (availability period)

Usually, you will be given a time frame of 60 minutes to spend your casino bonuses. After that time has passed, you will be able to keep your winnings. Some casinos set restrictions and place a limit on the amount that can be withdrawn.

 

How to Claim an Online Casino Bonus on our Bonus Blog Page
 

  • Locate the bonus offer 

Thanks to our easy website navigation, you will find your preferred bonus deal in no time. All you need to do is scroll through our carefully crafted list of bonuses and stop on the bonus that thoroughly suits your needs.

In order to find your go-to bonus faster and easier, we recommend using our filtering option. You can either sort the bonuses out by newest (default), by most liked or by expiring soonest. Also, you can filter them by country, exclusive bonuses, free bonuses, and active bonuses.

  • Spot the Bonus Code

The bonus code is what you will use to take advantage of the casino bonus, and you will usually find it in the bonus offer description, just as shown in the picture down below:

Main Bonus Blog Page Bonus Code

In case a bonus code is not required then simply skip this step.

  • Read the Terms and Conditions

Before using the bonus code, be sure to read the terms and conditions. It is very important to know beforehand what you are getting into.

  • Make a deposit and enter the bonus code

Use the bonus when making your deposit, by clicking on the cashier, then choosing your method, and entering the code in the bonus offer section. This applies to deposit bonuses only.

  • Start playing

Once you have made a deposit with the bonus code, you are ready to play. But first, make sure that the casino bonus you have chosen is available in the games you want to play. Also, be sure to wager the appropriate amount in order to cash out winnings.

 

Online Casino Bonuses FAQ

Do I need to enter a code in order to receive a free bonus at online casinos?
Usually yes, however, it depends on the casino you signed up with, most casinos will require that you enter a bonus code in order to redeem a free bonus. Others will credit your account without requiring a special bonus code. 
What is an Exclusive bonus?
An exclusive bonus is a privilege that you won’t be able to find anywhere else, as they are given to us solely for Chipy players. What makes exclusive bonuses unique is that they offer more benefits than standard bonuses. Check out our Exclusive Bonuses Guide, if you are interested in knowing more about exclusive bonuses and how to claim them on our website.
What is considered a fair wagering requirement?

Wagering requirements are usually justified, but they also need to be reasonable for the players. Down below, you can find an example of what is considered to be fair when it comes to wagering requirements: 

  • Wagering requirements between 20x and 40x your bonus funds (below 20x is rare, whilst more than 40x is quite common);
  • Only wagering bonus funds;
  • Having a time frame of 30 days to complete the wagering;
  • Almost all games contribute to your bonus wagering (it’s rare but not impossible).
Can I win real money using a No Deposit Bonus / Free Bonus?

Yes, you can win real money through these bonuses, but you might need to play for a longer time in order to increase your chances of winning. Once you win big and would like to withdraw your winnings, make sure that you have met the wagering requirements.