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Banking from Bonuses Tuesday, Jul 27 2010 

Online casinos use their bonus systems to entice their existing customers, but mostly new players, in order to get them to join, and later on to stay. Loyalty is generally rewarded with cold hard cash, and like with any offer, it gets used by the players, and also abused by a small amount of them by using the bonuses and taking the winnings and running before ever making a deposit.

For some people finding casinos, taking the bonus and then running like hell is a full time occupation, and with hundreds of online casinos available they have fertile hunting grounds to pursue their mark.
So how do they get away with it? With time and a little research, it is quite easy to find and cash out free bonuses, which you can get for playing for free!

Loyalty is King at the online casinos, and in order to turn you into a loyal player at their online casino, the operators go to great lengths to reward you, and as your loyalty develops in their perception, the rewards will continue to grow.

First of all, search for the online casinos offering free no deposit bonuses, as those will get you some free cash to play with, with no questions asked. You register, they put money in your account, no deposit required. This is one of the main attractions of online casinos, as you won’t find anything like it in any land based casino anywhere!

Those bonuses usually have a time limit by which they must be used, which on average is a week for first deposit bonuses, and often even shorter for no deposit bonuses. The money is free and ready for you to play with, but if you forget about it, the cash quickly disappears. The trick is to find enough casinos offering this type of no deposit bonus, and then play the bonus and take the winnings. It is a time consuming way, but some do manage to make considerable amounts of money.

The other route to take is making a first deposit which will reap higher rewards in terms of bonuses, and play that money for even higher rewards. The advantage of this is that your loyalty to the casino will grow, and you will receive plenty of other bonuses, besides the initial one on your first deposit. It may require some of your own cash, but with higher bonuses the odds of winning increase dramatically. However, with other bonuses come other requirements, so always make sure you know about them upfront, or you may find that the casino of your choice is not as great as you thought it would be.

Whichever route you take, there is money to be made through the online casino bonus systems, even if you just play at the one casino of your choice, as the fact remains that at online casinos loyalty gets rewarded. Therefore, before committing and signing up to any particular online casino, always first check out their bonus system. You may be pleasantly surprised, or glad you checked first.

M.A.H.

Deposit bonuses examined Tuesday, Jun 1 2010 

The most common and well-known bonuses that are given out by online casinos are the deposit bonuses, this has made this bonus type to be a decisive factor when selecting an online casino to play at. Players have to research the bonuses offered, as some may sound great, but after reading the fine print they may not look that great anymore. Evaluating bonuses that are offered is not an easy thing to do, as many factors and conditions need to be considered and compared amongst the casinos of choice..

Bonuses need to be reviewed with the right perspective in mind. On the website of the online casino in question a deposit bonus will always place the emphasis on the highest amount that the bonus will provide, which is great but depending on the amount the player plans to deposit, this may or not be an important factor. If for example a 100% deposit bonus has a maximum of $1000, it is not very important to a player who plans to deposit $1500, on the other hand $1000 may sound nice, but if a player only plans on depositing $100 the bonus would also consist of $100, which sounds a lot less exciting than $1000. Therefore a deposit bonus should always be reviewed in accordance with the amount a player is planning on depositing in order to determine the true value of the bonus in question.

The percentage of the deposit bonus itself is also an important factor in the evaluation process. If an online casino offers 250% with a maximum of $1000, like in our previous example, this does not change things for the power player that plans on depositing $1500, but it certainly makes a big difference to the player in our example wanting to deposit $100.

Another factor that is important to take into consideration is the required minimum deposit. In most cases this is a small amount in the $10 or $20 regions, but occasionally an online casino is encountered with higher requirements, so this is a factor to read up on while reviewing the deposit bonuses offered.

Besides the above, the most important factor in evaluating the deposit bonuses are the so called wagering requirements. These are conditions that have to be met in order to cash out the bonus granted and may vary greatly among online casinos. The requirements are generally found in the Terms of Service (TOS) of the casino in question, and these should be read thoroughly, the fine print included.

While comparing these requirements players may find that many casinos have just as many different requirements, so selecting the one that suits the players needs best is essential for getting the most out of the deposit bonus. The wagering requirements are very important, they outweigh the percentages of the bonus in terms of importance on deciding which casino to go with. After all 250% of a bonus you cannot cash out is worth less than a 100% bonus you can actually withdraw.

The last thing to consider while evaluating the deposit bonuses is whether or not it can be withdrawn. Most bonuses are only granted to play with, which means you can withdraw the winnings that come from it, but not the bonus money itself. However, some online casinos do offer a bonus that is 100% cashable, which means that besides the winnings a player can also collect the bonus money itself, once the wagering requirements are met. This may sound good, but casinos offering this type of deposit bonus usually have exceptionally high wagering requirements making it very difficult to cash out the bonus.

M.A.H.

Introduction into the Online Casino Bonus Systems Wednesday, May 19 2010 

If you did a survey among a group of regular casino players on what they like best about the regular brick and mortar casinos, you will find that the many perks and extras those casinos give out will rank high on the list. Traditionally, casino operators reward their loyal customers by giving away extras like special offers, a free dinner or free drinks or maybe both.

When these players cross over to the online gambling alternative, are those extras a thing of the past? Not at all, they are just different.

You certainly won’t find many online casino sites handing out free dinners, but they do have a better alternative to this tradition by providing their loyal players with the thing they came for anyway; free cash! Players at an online casino come there in order to play a game with the possibility of winning an x amount of money, so by rewarding their loyalty with free cash they are giving the players exactly what they came for.

The free cash comes in different forms, for new players the gift is often given in order to try out the many games before they start playing using their own money, while it is also used as a means to say thank you to their regular customers with ongoing deposit bonuses.

So we just established that online casinos use the free cash give away for attracting new players as well as rewarding their existing ones. In order to do that, a whole arsenal of bonuses is available to the casino operator. This can be very confusing for new players, as there are many bonuses each with their own typical conditions.

However, players will get used to them quite quickly and it won’t be long until they are able to distinguish the differences between the bonus types and be able to pick the online casino that offers the bonuses that suit them.

The main rule when checking out new casinos is to always read through their terms of service pages. The reading may be boring and hard to read through but the information they contain is vital for determining whether or not the bonus system the online casino in question is using, will be suitable to the player’s requirements or not.

A cash bonus given out by an online casino will in almost all cases be put in the account of the player, but the height of the bonus will vary among different types of bonuses. On average the highest bonus is usually the welcome bonus, as this type of bonus is designed to attract the players and entice them to register as members on the site. The welcome bonus is closely followed by deposit bonuses, which usually are a considerable amount also, with the highest one being first deposit bonus, followed by re-deposit bonuses that are less substantial.

Another bonus system frequently applied by online casino websites is rewards for referring players to the casino, and the use of a VIP program for their loyal following.

The combination of online gambling and cash bonuses can be a lucrative way of playing at the online casinos. The trick is to find the right system for your gambling habits and this knowledge can only be acquired by doing the proper research.

M.A.H.

The Cancellation Bonus Friday, Apr 30 2010 

Recently it has become popular amongst online casinos to offer their players a bonus upon cancellation of a request to withdraw their winnings, in order to provide encouragement for cancelling taking money out of the account. This new bonus has been the topic in quite a few discussions on casino bonuses.

In order to fully comprehend the nature of this new bonus, a short explanation on the subject may be in order. When members intend to take money, such as their winnings out of their accounts at the online casino they play in, a withdrawal request is made at the appropriate area of the casino site. It is normal for this type of request to take some time, ranging from merely hours to a couple of days to be processed before the request is final. During this time the requested funds are in a frozen state and cannot be used for betting or anything else. During the processing period a player can cancel the request at any time, which is often referred to as a reversal of the request. Once requested the funds are available to the player again to bet with.

Of course it is in the best interest of the casino in question for the player to cancel the withdrawal, so betting can continue and the casino profits, and since normally a withdrawal request once placed is not reversed, a new bonus that rewards cancellations was introduced to encourage reversing the withdrawal requests.

Cancelation bonuses are not granted for just any withdrawal request. Generally these bonuses become a factor when large amounts are involved. The idea behind this is best illustrated with an example:

A player wins a large amount of cash from his wagers and wants to have it in his possession. He places a withdrawal request, but is also still hyped up from winning and feels like he is on a lucky streak. The cancelation bonus plays on that feeling, tempting the player to cancel the request and wager some more. Usually the cancellation bonus entails a significant percentage of the withdrawal request to be reversed, often as high as 50% of the amount.

The casino sites offering this type of bonus all belong to an organization which is known as the Rushmore group, and the cancelation bonus is referred to as “winners bonus” with an average bonus of 40% of the amount requested to be withdrawn. Special conditions apply, like redeeming the bonus immediately after reversing the withdrawal and before any bets are placed, or other funds added to the account.

The bonus is considered to be a so called “play bonus”, meaning only the winnings from the bonus are cashable, not the bonus amount. In addition a player cannot request any other cash outs until the mentioned requirements have been met. The online casino sites offering the bonus require that the amount wagered must be twenty times that of the bonus plus the initial amount to be withdrawn. Also different games will add different amounts to these requirements, while other games will even void the winnings accumulated from the bonus.

M.A.H.

Why many bonus withdrawals end in a dispute Thursday, Apr 15 2010 

With countless financial transactions occurring at the online casino sites, it is not surprising to learn that between the parties doing the transactions, occasionally problems occur. The entity involved with resolving disputes between the players and online casinos is called the eCOGRA. According to this organization the bulk of the conflicts between players and casinos are about their bonuses.

There are several types of conflict that can occur that are related to the casino bonuses. The casino operator might deny the request based on requirements that have not been met, or pay out a smaller amount because of it, depending on the TOS of the online casino in question. Not only can the way the casino games add to reaching the requirements vary greatly but they can also differ per country. This often leads to a confusing situation in which it is easy to create a conflict. Often the wagering requirements and other terms for withdrawing a bonus are simply unclear.

Based on figures provided by the eCOGRA for 2009, 50 percent of all claims were settled in favor of the player. This in turn also means that 50 percent of the time the casino rightfully denies the bonuses in whole or in part. The main cause for this is the simple yet disturbing fact that people do not read. The player registers, and without even looking at the terms, clicks accept and starts playing. Therefore it cannot be stressed enough that players should read the TOS and ensure they understand what is required. Only when they are informed, and understand the requirements, can they make an educated decision whether to play at this particular online casino or not. Should the TOS be unclear, or a player has a question there is usually a support desk they can turn to with any question they may have. In the event a player finds themselves in conflict with the casino, the fairness of the TOS will not be subject to discussion. The player accepted them and is bound by them, so if the player indeed did not adhere to the terms and regulations set out by the casino in question it will be next to impossible to reach a conclusion in his or her favor.

On the other hand there still are 50 percent of all cases for 2009 that were ruled in favor of the player, which means a good percentage of the online casinos will attempt to get away under the obligation to pay out the bonuses in question. In order to obtain a quick resolution on the dispute the player must ensure he has all the required documentation, which means the times and dates of any transactions that took place must be documented and sent to the casino’s helpdesk. Should the casino in question not reply within a normal time frame the player needs to get a third party involved, which would be the eCOGRA in this case. The organization will then handle the complaint and will settle the dispute in a fair manner.

M.A.H.

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. 

Lucky Draw Promotions Friday, Feb 19 2010 

Asking players to make specific (and often recurring) deposits to their account, that are required or require them to adhere to other predetermined conditions in order to qualify for bonuses, is one of the most common ways to offer bonuses at a casino. Using this method players are guaranteed to receive bonuses, like a deposit bonus, reload bonus, or even referral commissions. In order to withdraw these types of bonuses certain wagering requirements must be met before the money can be withdrawn.

There are all kinds of bonuses to be gained at casinos and most involve the tournaments, wager amounts, or similar. Besides these types of promotions, there are random promotions that are called “lucky draw promotions”. Various types of lucky draw promotions exist devised to keep the attention of the players. One thing they all have in common is that they are always random.

In order to qualify for this type of bonus, players usually are required to enter specific wagers, or make pre defined deposits to their account. A typical lucky draw promotion would look something like this:

A player is required to deposit twenty credits to the account, and then wager these credits on a specific game. A fixed amount of player names are drawn from the qualified players and those win the lucky draw, which usually consists out of an amount of approximately one hundred credits. It is common for this type of contest to be weekly though requirements and specified games may vary every week. Another technique often used by casinos is to hold small contests where the winners are pre-qualified and entered into the lucky draw promotions.

There are almost as many different timeframes for lucky draw promotions to run as there are casinos online. Some play out in a day, while others take a whole month to complete. This is left entirely up to the casino running the promotions as there are no fixed rules for it. On average one could conclude that the longer the promotion runs the higher the price of the lucky draw promotion will be. Lucky draw promotions running longer than a month are rare but they do exist. With this type of lucky draw promotion there normally are very large amounts involved.

In some contests the prices are not from the casino itself. A good example of this would be a lucky draw promotion where the winners get gift vouchers they can spend in an online store like Amazon. These types of winnings do not hold any wagering requirements and can be used immediately after winning the lucky draw which makes for a big advantage over regular lucky draw promotions. Needless to say these types of lucky draw promotions are the most popular amongst the players.

Don’t go off thinking that casinos lose money holding these types of contests. The gains from the extra requirements always exceed the cost of running the lucky draw promotions. Nothing offered for free is ever really free it is just paid for by somebody else.

M.A.H.

The best casinos offering bonuses Tuesday, Feb 9 2010 

It has often been seen that the most reputed online casinos do not offer attractive bonus offers regularly, but the newer ones do it to gain leverage in business and attract players early on. A number of them have been making a mark in the online gambling arena, and have been renowned for their customer support, system quality and fairness. The big business makers have proved the casinos to be great money generators for many. The newer casinos have been attracting a large number of experienced players who find dealings to be fair, making online gaming popular.

Bonuses come and go as they are mostly weekly and monthly offers. The avid casino player has the option of searching web sources to keep a track on them. The bonus offers often apply to different aspects of the game and rules. Some casinos offer membership bonuses or welcome bonuses allowing the first time user of the casino facilities to make some money and get an initial push.

Some of the casinos providing such bonuses are mentioned below:

Slotastic Casino is offering a first time match bonus up to $100. A great series of other offers are also there at this new venture. The customer service has been found commendable and reliable. Some of the other facilities offering such options come from Casino Action which offers up to $1250 free play bonus and commendable services. Cabaret Club offers up to $150 in bonus money and is one of the online casinos run on a system platform by Microgaming. The facilities and services have been found commendable and the payout rates are also amongst the highest.

M.A.H.

Online casino bonus picks of the week Saturday, Dec 12 2009 

Quatro Casino run by Microgaming, is offering bonuses up to $4444. With an assortment of brilliant games, this online casino is fast becoming one of the most popular in the online gambling arena. With attractive opening offers, game specific bonuses and an excellent customer service, this is definitely a casino to be tried out. Quatro Casino also has one of the larger client bases among the later online casinos. With a very friendly console, the venture has customers from all kinds of backgrounds.

Rushmore casino offers up to 100% bonus return on investment and is amongst the top rated casinos around. Although it does not have a long reputation it is certainly one of the brightest. With $888 in bonus offers, the casino is also tuned with one of the best managements and customer service. For a good chance of winning bonuses and making some initial money to boost your gaming capital this is a great spot.

With the Holiday season coming in, Rome Casino is an attractive venture with up to $5000 in welcome bonus schemes. The casino is also a favorite of many with good customer service and great downloads. The features of this casino also include fantastic games with the console providing the ancient Roman charm. The customer support here is believed to be of unparalleled quality and runs 24 x 7.

Bonus packages in most of the online casinos are risk free as they require no deposits for newcomers. The idea of bonuses is to attract more players, but most of the online casinos that can afford to invest in hefty welcome bonuses are also well reputed. Pantasia Casino, Grande Vegas casino and the Rich Casino are a few more casinos that are rated for paying the best bonuses.

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