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Casino Bonus | Understanding Bonuses that casinos offer | Slotland
There are so many online casinos out there today that all are fighting the competition for players. Casinos are constantly thinking up ways to draw the players in. Just about every land based casino offers their players casino bonus perks for playing, this holds true for online casinos as well. If youre new to the casino world this can be a little confusing and somewhat intimidating.
For the novice player, lists of slot bonuses can seem somewhat overwhelming at first. The following list offers a general overview of different types of online casino bonuses.
What is a casino bonus?
Casino bonuses range anywhere from free play money vouchers, to comp time, free food, hotel stays, and free drinks. How does an online casino give away the casino bonuses? Lets go over a few details to help you understand the bonus world.
Understanding bonuses that Casinos offer:
1. Sign up bonus: The welcome or sign on bonus is one of the most popular casino bonuses there is out there. Usually you will get a small sign up bonus as a welcome to the casino gift. Many times if its a substantial amount the casino bonus will be broken down to smaller amounts over a given amount of time.
2. Play Percentage bonus: These casino bonuses are based on the amount of money that is deposited in your online account upon signing up.
3. Match Bonus: Usually the online casino will match dollar for dollar your first initial deposit
4. Reload Bonus: Since casinos do not want you to take your business elsewhere, they often offer a reload bonus. This bonus is usually given when your account becomes depleted and is a way to get you to put more money into your account by offering a bonus for doing so.
5. Preferred Deposit Option Bonus: This bonus is usually given for using the online casinos preferred depositing methods. Often times they will offer a percentage on the amount of your deposit to determine the amount of the casino bonus.
6. High Roller Bonus: This bonus is usually given to players that live a little more on the edge by depositing larger sums of money. Usually the casino will make a $1000.00 deposit limit to qualify for this bonus. Usually the larger the deposit made to the online casino the bigger the bonus.
7. No deposit bonus: This casino bonus is given simply for signing up, with no deposit required. At times online casinos are just welcoming you to the casino by simply giving away small amounts of money just for the simple act of the player signing up. This ranges from $5-$20.00.
All of these casino bonuses are similar to land based casino bonuses, and have the same end result in mind. The casino bonus is used to bait and lure players into the casino. Most of the time this works out well for the casino and most of the time it works out well for the player. Who wouldnt turn down a free cash offer to play the casino slots? The problem sometimes lies in the player not reading the full disclosure agreements to taking the free casino bonus money. Make sure to read all rules, terms and conditions before signing on with any casino.
How to Choose a High Payout Casino Bonus (Page 1 of 2)
Casino bonuses are governed by different rules. A player should read the fine print before playing the game. The best percentage on a bonus alone cannot be a factor to determine the best online casino. Later, they may ask you to deposit a fixed portion of the winning amount. Apart from the bonus given, you may also find problem in cashing out your winnings. You have to carry out a thorough research in this business and find the one that suits you the best.
Types of bonuses
Various types of casino bonuses are available like free cash bonus or no-deposit bonuses, match bonuses, bonuses for renewing membership, bonuses for using a particular deposit system. There are also re-deposit bonuses in casinos. This helps the casinos to retain their gamblers in their gambling betting. The extent of the bonus depends on the loyalty ratings of the members in a number of casinos. These bonuses are subject to the conditions that are same, as the conditions related to bonuses for initial deposits, to qualify for the cash out you have to bet for multiples of this deposit.
Free cash bonus
In free cash bonuses, you can place free bets up to the amount of the bonus, once the sign up is made at the casino. There is a disadvantage in this type of bonus that is you are not allowed to cash the winning sum until you have paid your deposit or stake more money than the bonus value. The plus point in this type of bonus is that newcomers who are not conversant with the rules and regulations of the game can use this as the stake money. The player could even end up winning real money with the free stake.
Match bonus or Deposit bonus
There are two forms of deposit bonuses namely, the straight cash bonus and percentage bonus. Be very careful before you wage the money as getting back the winning amount may not be that easy. The regulations differ from casino to casino.
Special bonuses
There are two types of special bonuses namely deposit mechanism bonus and special event bonus. The first type rewards you for using a specified payment system for making the deposits. Neteller is the most commonly used payment system in the casinos. Special event bonuses are bonuses offered for particular games. These bonuses may not be available for popular games. This type is offered by the casino only when they launch a new game and when they want more players for the new game.
Online Casino Sign-Up Bonus and Match Bonuses
Casinos have many ways to make you gamble and the most commonly used method is to offer casino bonus. There are many types of Casino bonuses and the widely offered is match bonus. Match bonuses are big bonuses and at the same time very tricky making the withdrawal of your winnings almost impossible. The player is not allowed to play Slot, Blackjack, roulette, and craps with the bonus money. The money gathered is not allowed to be withdrawn if your winning is less than ten times of the bonus gathered on your casino account.