Bonuses mean a lot to casino players, often acting as one of the key factors in the decision making process when it comes to picking a new casino. You’ll find a range of different types of welcome bonus as you browse our rankings and reviews, but the best sites will also regularly provide promotions for existing customers as well.
One issue that those who like to bank with e-wallets like Skrill and Neteller often come across is that the payment methods are regularly excluded from certain bonuses. This is very rarely the case with PayPal, which you can typically use to make deposits and successfully claim a variety of different bonuses.
The classic casino welcome bonus, matched deposits are found at almost every online casino. When you first sign up to a casino site, your initial deposit will be matched up to a certain amount by the casino. The amount it will be matched to can be as low as 50%—or it can be as high as 200%—it all depends on which casino you play with.
There will of course be wagering requirements that you will need to follow in order for you to claim your winnings.
The best matched deposits will have pretty low wagering requirements, around 20 to 30x the value of the bonus, but keep watch for those that are higher and take into account the value of the bonus and the initial deposit when calculating the amount you need to wager.
Often seen as the holy grail of casino bonuses, low wagering bonuses give you the option of claiming your bonus winnings without having to pay through the nose in wagering requirements. The amount claimable as a bonus may be far smaller, however, as the casino will not want to make a loss on the bonus.
What’s more, there will be other terms and conditions, such as game weightings, that will also need to be fulfilled before you can claim any winnings. Nonetheless, it can still be used as a great way to get used to a new site or games selection without first putting any of your own money on the line.
Free spins are the bonuses designed with slots players in mind, giving you the opportunity to play some of your favourite slot titles for free! These bonuses can be offered as part of both a welcome bonus and as a promotion for loyal customers, so expect to come across them regularly.
Free spins will of course come with wagering requirements attached to them, however, so keep an eye out for what they entail before you sign up to a bonus.
Most bonuses you’ll find at the best PayPal gambling sites come with wagering requirements, meaning you won’t be able to withdraw any of your bonus winnings without depositing a certain amount first. If you’re lucky, though, you may sometimes come across a no wagering bonus. When you opt-in to this kind of offer, you won’t have to patiently place numerous bets — anything you win is yours to cash out straight away.
While most bonuses are intended to get new players through the doors and give them a warm welcome, you’ll also find certain schemes designed to reward those who stick around for the long term. Cashback is one such offer you might find at a PayPal casino. Essentially, this works by returning a percentage of total deposits or losses over a certain period to players — often as bonus credit, but potentially as real money with no wagering requirements attached. The amounts can range from 0.5–1% all the way up to 10%.
Say a PayPal casino gives 10% cashback on losses every week, credited as real cash. If you stake and lose €100 in that seven-day period, you’d then receive €10 (10% of €100) back, which you can withdraw or put towards future play at the site.
VIP and Loyalty
Just like cashback schemes, VIP and loyalty programmes seek to pay back players who frequently spend time at the site. They’re usually based on the collection of points, which are earned in different ways depending on the site: some give points every time you make a deposit; at others, you’ll earn them every time you spend real money on the casino’s games.
There’s a smorgasbord of prizes up for grabs in most loyalty schemes. At the low end, you’ll likely find free spins on slots or maybe some bonus credit; other casinos allow you to trade in your loyalty points for real money that can be withdrawn. Some sites even offer their players real-world rewards like event tickets or exotic trips.
If the scheme is focused on VIPs, you’ll climb the ranks the more you play, with different perks unlocked at each level of the ladder. You might get access to the most exclusive tables, faster withdrawals, larger cashback amounts, or even a personal account manager.
Some PayPal casinos might give new players a multi-deposit bonus, where you’ll have to top up your account multiple times to reap the full benefit. An example offer could look like:
- 100% up to €100 on your first deposit plus 100 free spins.
- 75% up to €150 on your second deposit plus 50 free spins.
- 50% up to €200 on your third deposit plus 25 free spins.
These deals work just like a regular welcome bonus, except you can enjoy further rewards on your subsequent deposits. In order to accurately compare them to another promo, you should add up the maximum amounts. Using the same example, you could receive the following:
- €100 bonus and 100 free spins for a €100 deposit.
- €150 bonus and 50 free spins for a €200 deposit.
- €200 bonus and 25 free spins for a €400 deposit.
The maximum you could claim would therefore be €450 and 175 free spins, requiring you to deposit €700 in total over three separate deposits. Using this information, you can weigh up if the bonus suits your needs. Keep in mind that, although the max bonus is often higher with a multi-deposit offer, wagering requirements will scale accordingly!