It’s no doubt that on-line casinos are cashing in on the bonuses that they offer. On-line casinos, since recognising that the more bonuses they offer, the more customers they gain. They use bonuses as bait and often the casino that offers the most bonuses gains popularity and status more than those casinos that they don’t.
Types of casino bonuses
- Subscription bonuses/Deposit bonuses
- Membership bonuses
- Accumulative bonuses
- VIP bonuses/exclusive bonuses
- Rward bonuses
- Loyalty bonuses
- Promotional bonuses
- Cash back bonuses
Some of these bonuses are not necessarily cash back bonuses but they are coupons to play more or get free downloadable games. Bonuses have a lot of functions for the casino business. Offering the best bonuses in town is like free PR or Advertising for your casino.
Benefits of casinos offering bonuses
- They encourage players to play more because they look forward to getting rewards for playing.
- Through loyalty bonuses, players feel valued and appreciated by their casino.
- Special promotional bonuses and competitions create a fun casino gambling experience and breaks the virtual nature of on-line casinos.
- Membership bonuses make people strive to be in the members clubs and not just play games.
- Subscription bonuses are usually the cash back and they push players to sign up with the idea that they are doing it for free since they are promised their cash back.
- VIP bonuses, although they create a division, they motivate others to strive to become VIP and part of the elitists club of the casino. In this way they are not mere players but they feel like partners of the casino.
Some on-line casinos boast of 100% cash back bonuses but these usually come with certain conditions. The bait is that casinos know that no matter how much of the cash they give you back in bonuses, you are still likely to spend it all again on casino games or other subscription fees that may be involve.
Exploring The Various Types Of Online Casino Bonuses
Online casino bonuses are important and popular devices that are used by online casinos to attract players and also compete with rival online casinos. There are quite a number of different online casino bonuses that each different online casino will offer to players as incentives and while some of these bonuses are unique to the casino offering them other casino bonuses tend to be more or less standard throughout the industry. Each bonus has certain advantages and certain disadvantages and there are also a number of different conditions attached to each bonus.
The most common of all online casino bonuses is the welcome bonus also known as the sign up bonus. These kinds of bonuses are quite often the most generous of all bonuses that an online casino will offer. The more attractive that they make the bonus the more chance there is of you signing up with that casino. The amount of the sign up bonus will generally vary from one casino to another but the most common amount is usually around one hundred dollars. Most sign up bonuses will fall in to one of two categories. Match Bonuses or Percentage Bonuses.
Percentage bonuses are very popular and they are represented as a percentage of your deposit, the higher your deposit the higher the bonus percentage will be. Percentage bonuses can vary quite greatly and can be anything from fifty percent of your deposit to four hundred or more percent. If the casino offers you a one hundred percent bonus on your first deposit this is generally known as a match bonus because they are matching what you deposit.
The other most common type of bonus is the account refresh or reload bonus. This is designed to give you an incentive to keep depositing money into your online casino account. These also vary and are at the discretion of each casino but they can be from fifty percent up to a hundred percent. Probably the smallest type of bonus that an online casino will offer is the no deposit bonus. This kind of bonus is purely an incentive to get you interested in playing with that particular online casino. With the no deposit bonus you are not required to deposit any of your own money, the casino will give you money so that you can start playing with them but is usually never more than ten dollars.
All About Online Casino Bonuses
The bonuses on offer entice many players to sign up with online casinos. A casino bonus is really just a reward that is given to the player in the form of free playing credits. The conditions under which such a reward is granted and the conditions that apply to the use of the bonus will depend on the online casino and the type of online casino bonus it is.
Most online casino bonuses are given to players when they make their very first real cash deposit. The value of the bonus is generally equal to a certain percentage of the deposit made by the player. The online casino will also ensure that a maximum limit is in place.
So, How Do Casino Bonuses Work?
There are different types of online casino bonuses available today and each of these will work in different ways. This article will discuss a few of the most popular types of online casino bonuses below:
The Play Only Online Casino Bonus
The play only bonus is one that is very common. The bonus awarded to the player is held in a separate account. The player will be able to wager from their real money balance or their bonus balance. The bonus money can never be withdrawn from the account.
If a player should win when betting with the credit from their bonus balance then all winnings will be credited their real money balance and the value of the original wager will be returned to their separate bonus account. Players can only request a real money withdrawal from their casino account once they have met the wagering requirements. Common wagering requirements for the play only bonus are anywhere between 15 and 50 times the total value of your deposit and bonus.
The ‘Withdrawable’ Online Casino Bonus
This type of is nowhere near as common as the play only type of bonus is much more sought after by players. The bonus credits awarded to the play is credited to their main online casino account along with their real money deposit. Players do need to meet certain wagering requirements in order to clear the bonus and request a withdrawal though.
The Free Play/ No Deposit Online Casino Bonus
The free or no deposit bonuses on offer are generally quite small, i.e. between $5 and $30 in value. These bonuses are credited to the players account as soon as they sign up with the online casino. Players can sometimes withdraw this money after certain wagering requirements have been met and once they actually make a real money deposit. There are some online casinos though that never allows players to withdraw their free play/ no deposit bonuses.
What Are Online Casino Bonuses?
The online casino industry is one of the single biggest industries on the World Wide Web and as such represents a tremendous amount of competition. Online casinos have to compete with each other twenty four hours a day and there are new online casinos springing up every day.
In an effort to get ahead of their rivals all online casinos offer a variety of online casino bonuses to attract new players to their casinos. Casino bonuses are also a very effective way of keeping existing customers happy and continuously playing and spending money. This is great news for online casino players, especially new ones because casino bonuses can create a tremendous advantage when first starting out at an online casino.
What Are the Different Types of Casino Bonuses that are Available?
There are many different types of casino bonuses that each and every online casino offer players, in fact there probably more casino bonuses than there are online casinos. Every online casino will try to offer unique and interesting and enticing casino bonuses to attract the right sort of player to their specific online casino.
More established online casinos may offer smaller welcome bonuses and will rather concentrate on offering existing players better bonuses such as loyalty points and added deposit bonuses. You will find that the newer online casinos will offer much more aggressive welcome bonuses to attract more players and possibly even lure players away from other rival casinos.
One of the most popular and also most common casinos bonuses are the welcome bonuses, again, these come in a wide variety and it all depends on the online casino in question. The welcome bonus is designed to attract new players to an online casino and also encourage new players to make a deposit. In addition to the welcome bonus some online casinos offer a deposit bonus, again this is to encourage players to make deposits. Deposit bonuses can vary from just the first deposit, to bonuses for the first, second, third and even forth deposits made.
Additional Important Information Regarding Casino Bonuses
Online casino bonuses are a very helpful feature for online casino gamblers for a number of different reasons. For one thing an online casino bonus can help to establish a new player in their chosen game. New players often have to get used to the way certain games work and the added bonus helps to cushion losses.
On-going bonuses are also a handy and helpful boost, often helping players stay in an important game or increase the play time on certain games like progressive slots and so on. It is however very important that players keep in mind that all online casino bonuses come with strict wagering requirements. Players need to first make sure that they are happy with these requirements before opting for the casino bonuses.