Casinos with best referral bonuses and what you need to know about them
Referral bonus casinos are of the hottest subjects right now that everyone talks about. How did that happen and what led to this? It is estimated that at least over 1.6 billion people gamble around the world. In terms of online gambling, one UK study suggests that 17% of the population gambles online, bringing over £5.3 billion worth of revenue every year.
Here in Canada, the gaming market supports around 135,000 jobs every year and brings in so much revenue, that it directly funds $9 billion worth of government programs. With these statistics, it’s easy to understand why the gambling market is so competitive and fierce. Casinos constantly seek ways to provide additional encouragement and incentive for new players to join them, and for their older players to stay loyal to them, by providing attractive and generous promotional offers and bonuses. These bonuses range from cash deposit bonuses, re-deposit bonuses, cashback, free spins and many more. One of these bonuses that are very popular today is the referral program bonus, and that’ll be the topic of our discussion today. By the end of reading this article, you’ll have a very detailed and solid understanding of how these bonuses work, and how to fully maximize their potential for extra profits.
What are Referrals and how do they work?
Referral bonuses are offered by most of the casinos and it’s one of the most reliable and effective ways for casinos to attract more players.
The idea of referrals is for the players to refer-hence the name-their friends, family and loved ones to start playing at the casino, after which, for each and every player brought in, the referrer will be eligible for a bonus. This, of course, is a very simple and short explanation, and there’s much more into it, as you’ll soon find.
How exactly they work
Usually, right after joining a casino, you’re instantly eligible to partake in free referral bonuses Canada. You are then assigned your own personal referral link, which you can use to refer to new players. Any time a player signs up using your link, you officially get a referral. You may refer to as many players as you like, casinos won’t be placing any limits on the amount. If anything, they may encourage you to keep going by increasing the benefits as the number goes up.
Some casinos even take this a step further with multi-level referrals, wherein you, as the original referrer, get a percentage for any subsequent player brought in from the players that you yourself brought in. The percentage is obviously smaller than for the players you personally bring, but it’s still a nice little bonus that you can essentially think of as passive income. In some cases, you can even expect a small, residual income for months on end, but this is a rare occurrence.
The question that most of us would have is what exactly are the rewards for referring people, and the answer is that it depends. Some casinos will be offering straight-up cash bonuses, while the rest may offer other types of bonuses like win multipliers, free spins, etc.
Cash bonus is the one that’s the most common. Usually, it’ll be a predetermined fixed amount upon every referral, or sometimes even a percentage of the friend’s initial deposit.
Why are referrals so popular?
real money referral bonuses are among the most popular and sought-after types of bonuses that casinos usually offer. The reason for their popularity is that they’re very easy and accessible. One needs only to have someone sign up using their link, and that’s it!
It also has a social aspect to it. If one knows a lot of people who play casino games and would be interested in a new casino, they can refer to them so it can be a beneficial arrangement for both parties. With the referral systems, it’s common for a casino to provide benefit not only to the referrer but a referent too.
Which casinos have the best referral bonuses?
Due to the very nature and diversity of the bonuses that casinos give out, it can sometimes get quite hard to choose which casino offers the best referral bonuses and which one you want to go with. We have tested hundreds of casinos and all types of their bonuses, and we believe that this is the list of casinos that have the best referral systems and bonuses.