But please don’t get seduced by dollar symbols. There are many types of casino bonuses for New Zealand players to choose from. We explain what each of them offers, so you can sign up, play for real money and start winning.
A welcome bonus, also known as a sign-up bonus will be the first sweet deal you’ll encounter at any online casino.
The most common sign up bonus is known as a match bonus. Often the first 3 or 4 deposits you make would be matched at several levels, i.e.; 100% on your first deposit, 25% for your second deposit and a 50% match for your third deposit, etc. This would give you a bonus of $1200 overall.
There are generally time limits applied, curtailing the time you have to claim the bonus in full. Also, wagering requirements regulate when you’re able to start withdrawing money from your account. If you open a real money account at any of our recommended casinos, you’ll be offered a staged match bonus.
One of the first concepts you need to understand is a wagering requirement (or playthrough requirement) to work out whether or not a bonus is good.
The key features of wagering conditions are their size (generally a multiple like 30x), whether the requirement applies to only your deposit amount or to the deposit + bonus. Another factor worth keeping an eye on is the contribution different games make towards these requirements.
If a casino offers a Sign-up Bonus with a 30x wagering requirement, this means before you can cash out any of the bonus amount, you have to wager 30 times the sum you deposited. Or you have to wager 30x your deposit + the bonus amount before you can cash out any winnings you made when playing with the bonus.
Example: A casino offers you 100% match on the first deposit with a playthrough requirement of 30x. You open your account with a $300 first deposit (thus giving you a $600 bankroll). In one scenario you’d have to wager $9000 before withdrawing any of the welcome bonus funds. Another scenario in scenario would see you having to bet $18000 before you could cash out your bonus funds.
However, this is far from a raw deal. Bear in mind, these are wagering requirements; so you would have to wager this amount, not spend or lose this amount. Remember that the payout percentage of most online pokies is about 95%. Even if you had a bad run, without hitting any jackpots or bonus rounds or, the losses you’d incur betting $9000 would probably be around $450, which most welcome bonuses more than cover.
No Deposit Bonus
A no deposit casino bonus is pretty self-explanatory—A casino will give you a number of free bets when you open an account without making a deposit. Usually, this is around 1500. You’ll be given a set time to use these free bets. Generally, any winnings you make with these bets are yours to use after you’ve deposited money in your account. A free spins bonus is similar to a no deposit bonus, but these free spins are usually offered to already existing customers.
Free Spins Bonuses
More and more online casinos are making Free Spins part of their Welcome Bonus. Many casinos who offer free spins as part of their sign up bonus let you play at least some of these spins before you’re required to deposit funds into your account.
These Free Spins enable you to try out the latest games, usually pokies games, within a set amount of time. If you win on these free spins, you can usually continue playing with your winnings. If you were offered free spins as part of a no deposit bonus, you’d usually be required to make the first deposit before playing with these winnings.
Free Spins are also offered to existing customers, usually to very loyal players or to promote the latest games. Free Spins are great value and a fantastic way to try out new products, gain more play time and brush up on your skills.
We have heaps more information on Free Play in our Free Spins resource.
Bonuses for Table Games
Without a doubt, the most lucrative online casino games tend to be the pokies. They include way more offers and bonuses and a higher RTP (return to player). But if you’re a fan of good old-fashioned table games you can still find significant bonuses if you know what you’re looking for. We explain the playthrough requirements of table games bonuses and how to win big on your favourite casino games in our games guides.
Bonus for Referring a Friend
A neat little bonus, is the ever-popular refer a friend bonus. Basically, you’re rewarded when a person you recommend to the casino opens a real money account with them. You’ll get a cash amount in your account. Or you might receive a bonus every time your friend deposits. Some of our top recommended casinos run Refer a Friend Bonuses.
VIP Bonuses or High Roller Bonuses
Real Life casinos have always treated those who spend the most money in their establishments the best. Online casinos are no different, it’s very easy to get people to sign up to a casino, but it’s the mark of a good site if they can keep you on their books.
If you become a regular player at any reputable online casino, they’ll reward you with awesome prizes and promotions.
A typical basic loyalty scheme could look a little like this: you receive bonus or reward points for every dollar you spend. When you accumulate a certain number of these reward points you can exchange them for casino credits.
There tend to be different levels or tiers you can progress to in a casinos loyalty program depending on how regular a player you are. Obviously, you’ll accrue more rewards the more you play. Holidays, special events and luxury goods are all on the table when you’re a big enough spender.
The ultimate VIPS will be entitled to dedicated casino account managers who look after their every whim, give them special access to secret tournaments, events, 24/7 customer-tailored support and much better deals on their wagering. Being a VIP player is the ultimate, authentic casino experience.
With so many bonuses on offer, it’s easy for Kiwi casino players to feel confused. We hope we’ve broken down the bonuses for you and showed you how to get the best from your bonuses.