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Welcome bonuses for power players Tuesday, Mar 30 2010 

Power players are what make online casinos thrive. These “high rollers” may be less in numbers compared to regular members that occasionally place a wager but the amounts betted by power players are significantly higher, and add more to the revenue stream of casino operators. With this in mind online casino operators incorporate this fact into their promotional strategies ensuring their bonuses cater for power players.

Online casinos know of two tried and tested strategies in order to attract power players. The first being a welcome bonus specially created for this type of player. Casino Tropez, for example, has such a bonus structure where new players receive a welcome bonus of 100% up to a maximum of $100. Realizing this would not attract power players as large deposits still would give them only an extra $100, no matter how large the deposit. Therefore they introduced a special welcome bonus for a player that makes a first time deposit of $1000 or more. For this a flat bonus of $500 was introduced, plus some added benefits like instant VIP membership. In order to make this extra bonus financially feasible, the wagering requirements are twice as high as for the regular welcome bonus. This may sound very high, but to power players that is no obstacle since they intend to bet high and often. From there on out the bonus systems in place are identical for both regular and power players.

The second bonus strategy is a more structured one. The percentage is the same for all players but the limit for the 100% bonus is set very high so that players that make a large first deposit also get more benefits in terms of welcome bonuses. For example Go Casino is reputed to give out some of the largest welcome bonuses in the industry. Through their bonus system which covers the first twenty deposits there is a 100% bonus given. This means that each player can reap the benefits of his deposit fairly. This attracts both types of players, as obviously power players will get a bigger bonus than regular players, and this can go up to $20000 in bonuses total. While this system is obviously the most fair to all players, regular players that make relatively small deposits should realize that they will never receive the full benefit of such a system.

Some online casinos take a spin on these options for welcome bonuses by placing no limits on the deposits that a player can receive a welcome bonus for. Typically this spin is for a limited amount of days and gives extraordinary bonuses up to 200%. This enables power players to receive extremely large bonuses but there will be a time limit to meet the wagering requirements in order to collect.

All mentioned strategies have their own pros and cons. The first will entice power players because they get special treatment; the second is the most fair to all players. In any event, the purpose of these systems are basically the same, they are put in place to draw high rollers in.
M.A.H.

Casino Bonuses Wednesday, Mar 3 2010 

While the online gambling industry is highly competitive, the online casino sites will do all that they can to attract new customers. The best way to do this is by offering rewards in the shape of bonuses. The most popular bonus offered by online casinos is without a doubt the welcome, or deposit bonus, where new players are rewarded with free play money on top of their first deposit. Usually this is a 100 percent bonus, up to a limited amount deposited. For players that know how to work these types of bonuses this can be very profitable.

There is no such thing as a free lunch and this holds true to deposit bonuses also. In order to withdraw the bonus a player must meet certain requirements, mostly this means he must have placed a bet for a fixed amount of times. These types of conditions are called wager requirements.

Making the most of casino bonuses

First we need a good way to deposit money into the account, and to withdraw from it. Ensure the casino of choice offers several ways to withdraw and deposit money. Many of these services will also offer incentives for using their services, so make sure you pick the method that works for you, then pick a casino that offers it.

With competition between casinos as fierce as it is, it pays to shop around. Do some research, compare bonuses and read the terms of service. Pick the one offering the best value with the least restrictions. Take a close look at their wager requirements, as they are most important for withdrawing your bonus money. Choose the casino offering the largest bonus against the lowest requirements.

When wagering requirements are involved, many casinos exclude certain games from counting toward withdrawing the bonus. At these games, they apparently run the risk of losing out. Shop around for casinos that do count games like blackjack, which are considered low risk games for the player. This in turn adds to the value of the sign up, or deposit bonus.

When all requirements are met, and you are ready to withdraw your money, the service handling the transfer, or the casino, may ask for identification. Ensure you have a scanned copy of a Drivers license, Utility bill or credit card ready that you can send by email. This will avoid long waits for your transfer to be processed.

Familiarize yourself with the different types of bonuses that are given in order to avoid problems down the road when trying to withdraw your bonus. Do research on the casino of choice. Ensure it is not listed on any blacklist, and that overall the casino is established and reputable.

When playing at online casinos, the bonuses they offer are an excellent way to profit from gambling online. Just like with anything in life, you need to make sure you know everything there is to know about the particular type of bonuses you will be applying for. A little research on the internet goes a long way when looking for the perfect casino giving the best value for your money.

M.A.H. 

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