Online Casino Bonus – An Entertaining Reward Tuesday, Jan 25 2011
Casino Bonuses and Online Casinos Bonuses 1:54 pm
Online casinos offer bonuses as a form of marketing tactics, where new players make their first deposit whenever they sign up on the casino website. Since many of the respected online casinos offer a bonus for new players, there is really no necessity to sign up with an online casino that does not offer such a bonus. Casino websites justify this offering in the hope that you will return again and again to their site.
Offering new players a sign up bonus indicates that casinos are giving away free money, in the hopes that you will agree to spend a specific minimal amount. You may be asked to spend a multiple part of the initial bonus or deposit, credited to your casino account, before you can actually collect any winnings on it. The house games you are allowed to play using the bonus money, will likely determine how much of the bonus money you can walk away with.
Certain casinos may not allow you to choose hedging bets or low edge games, to ensure you fulfill the requirements of the sign up bonus (for instance, by betting on red and black on roulette). It is important, however, that you take the time to read casino requirements for collecting your bonus money, because each casino will differ considerably, when it comes to online bonuses.
Some online casinos offer a ‘sticky’ bonus. This bonus is credited to your casino account and becomes part of the balance, but you cannot cash it out separately. The sticky bonus will stick to the account, until you have used it in full to play casino games. Clearly, this is not a lucrative bonus to many new players as certain other casino bonuses.
Brick and mortar casinos offer a comp points bonus. You may also find this bonus at online casino sites. Comp points can be exchanged as you like for cash, prizes and other comps. The amount placed on bets depends on what type of game you are playing. For instance, for every $10 you spend, the casino may offer three comp points. Or for every $10 betted on blackjack, the casino will offer one comp point. If you receive 100 comp points, it may be worth one dollar. Generally, casinos offer lower on blackjack, than slots.
You may even turn your bonus structure into a profit. For instance, on blackjack, the house edge may be 0.5%. If you were willing to bet $1000, you would be expected to lose $5, with the house edge of 0.5%. If you receive an online bonus of $100, you can subtract your loss of $5, but still gain $95. This is only possible as long as you read the bonus requirements on the casino site.
Casinos have an IP tracking system, which will ensure that the same player does not sign up multiple times using multiple names, in order to claim multiple bonuses. There are a few rogue casinos that delay players from withdrawing in the hope that will continue to gamble, thereby losing money, where the casinos don’t have to pay. These casinos are few and far between. In general, casinos truly offer an entertaining reward with their sign up bonus schemes.
M.A.H.