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Casino Bonuses Explained
There is a lot of competition in the Internet market today. Each day, new casinos debut, old ones regroup and change owners, and the supply is constantly replenished. When a player is looking to choose a facility in which to play, many different factors are also to be considered.
* Do I like the look of the establishment ?
* Does it have the games I am interested in ?
* Do I know anything about this facility ?
* Did someone recommend it to me ?
* Does customer support offer around the clock help ?
* But most importantly I ask myself, what is in it for me ?
What are THEY offering to play at their gaming place... above all the others? This is where the Bonuses come into play.
You will not find any online casino that does not offer some form of signup reward. Some offer first time deposit bonuses, and/or loyalty bonuses. Some offer 2nd and 3rd deposit bonuses. In fact, every trick and treat in the book is now available in your nearest online betting facility.
Let us begin with the First deposit bonus:
This is one a player can collect only once, when making the first deposit. Usually it is the biggest bonus offered by the casinos. You can find places offering bonuses of up to 1000$. In order to claim this reward, you have to deposit a specified amount, usually close to the bonus amount, and you must play back a certain amount of money before you are allowed to cash out. The standard is between 4 times and 12 times the amount of the bonus, or combined bonuses, plus the deposit. For example, if you deposited 100$ and received 100$, you will have to wager at least 800$ (4X (100$+100$) ) in order to cash out. This means you can put the 200$ on the roulette, win, put another 400$, win, and now you have played the due 800$ and you can cash out.
Read the fine print in the terms & conditions for each offer. There you will see what amount is needed, and if there are any games banned from the bonus play qualifications.
Next is the Second, Third, etc. deposit bonus:
The same rules apply here, but every player can enjoy the online casino bonus provided it is a 2nd or 3rd (or more) deposit.
Then there is also Monthly loyalty rewards:
Some betting sites will give bonuses for the first deposit of each month. The same playout rules apply here. Get into the habit of ALWAYS reading the T & C (terms and conditions).
Cash In Your Players Club or Comp points:
Many online casinos reward players with credit for money spent, and allow them to receive money back for a predetermined amount of points. Some places let you use the points earn to get merchandise, or enter special private tournaments.
Collect a Bonus when using different deposit methods:
If you are using alternate banking services, other than Credit or Debit cards, some facilities will offer an extra 10 or 15% bonus. This is in order to advance new methods, and reduce the dependency on credit cards.
Get a reward for your losses:
This casino bonus is rarer than the others, but it allows you to get back some of your losses (usually about 10%), and if you are a winner, the establishment adds extra chips to your winnings.
Many betting casinos have some sort of VIP program, allowing veteran players and high rollers to earn Comp points, have better exchange rates, play in private games and more.
These are the most common online bonuses today. Some times management will add something special. Some will have a promotion for a special occasion (Christmas, Halloween, etc.). Keep your eye out for details as you visit the home page of each Internet betting site.
Before you start playing, there is one more thing you need to know, and that is... HOW to play. Now you are on your own.
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