 Playing at online casinos is different that playing offline such as in Las vegas. if you are new to online casinos, keep reading for information about the different types of bonuses that can be found at online casinos and how the bonuses offered differ from each other.
The traditional casinos reward players differently for gambling and I take it you have experienced the different incentives given as a "thank you" for playing at the casino. Free drink, free meals, special room rates etc. those are all incentives.
An online casino will also reward its players but does so in a different way. They use bonuses and other special promotions as incentives to keep players playing at the casino. Online casinos as opposed to offline casinos has its advantages but for the purpose of this article let us limit it to the "bonus" incentives. They offer very attractive bonuses that many are turning to online gambling rather that offline gambling!
After understanding the types of bonuses available and have read the conditions that apply you can redeem the bonus. Usually you would enter a coupon code at the casino cashier while doing a deposit.
There is a lot of competition online amongst the casinos and hence they are trying to constantly offer the next big bonus. As a new player you may get over confused by the different terminology used and the terms and conditions that apply. I will now try to sort some of the confusion out by outlining the different bonuses available at online casinos!
Common Types of Casino Bonuses Offered
There are several common bonuses such as the "no deposit bonus", "welcome bonuses", "reload bonuses", "cashable& non cashable bonus", "high roller bonuses", "1 hour free spins" & "sticky bonus"
- The welcome bonus : This has different names and also often called a "sign up bonus". You can have "credit card sign up bonuses", "bank deposit sign up bonuses""free sign up bonuses" etc. Different casinos will offer welcome bonuses of different size to welcome a new player to the casino. they are used to attract new players in creating a real account thereby getting a feel for the casino. It is usually in the form of a percentage. For example it could be 100% matching bonus meaning for every hundred deposited you will receive 100 dollars extra to play with.
- Cashable bonus & non cashable bonuses: Players are offered bonuses as an incentive to play and it could either be a cashable bonus or a non cashable casino bonus. A cashable bonus means that it can be withdrawn by the player after certain wagering requirements are met whereas the non-cashable bonus is one in which the winnings as a result of the bonus can be cashed out but not the bonus amount itself. Both are great bonuses.
- Highrolloer bonuses: Some players are either "whales" or "high roller" meaning that they like to deposit at the casinos in large sums of money. This is also common in land based casinos. Online they are rewarded differently. A high roller bonus is essentially tailored for the big players and the bonus is bigger and thus attractive to highrollers! :)
- One Hour Free Spins: As casino try to become more creative and find ways to attract players, they come up with cool bonuses. This type of bonus is fairly new and essentially gives players 1 hour free play on the house and you keep the winnings after meeting certain requirements.
- A Sticky Bonus: This is pretty much a non cashable bonus. say you get 100 dollars for depositing 100 dollars and win 200 on a single bet then you would cash out 200 - 100 (sticky bonus) = 100 dollars. This bonus is used by casino to protect themselves against bonus abusers.
What about the Bonus Restrictions & Wagering Requirements
 When accepting the bonus you need to understand the terms and conditions that apply for the bonus you are using. this varies between the casinos and what makes one caisno more favorable than another.
If you have learned anything in life it should be that nothing is free and this applies to the casinos bonuses too. Even if it is called a free bonus you need to meet certain requirements. It is true that an online casino can afford to provide players with very attractive bonuses since they do not have the same overhead that an offline casino in vegas would yet they need to impose restrictions otherwise it would not be good business practice.
I advise you to read all the fine print about a bonus you wish to claim and not get any surprises later!
Another thing to know about is the wager requirements. ALL casinos have them... 99.9% and if they do not than something is very fishy indeed. The requirement is usually fairly clear and cant be missed unless you simply download and play without reading.
It is either X number of wagers of the bonus amount or bonus amount + deposit amount. Here is an example:
You deposit $40 at the casino and got $40 from them (100% matching bonus)
They require 15 X B
This means you need to wager for 15 x 40 = $600
They require 15 X B&D
This means you need to wager for 15 x (40 + 40) = $1,200
Have a great day & thank you for reading the casino bonus article
|
