Tuesday, May 18, 2010

Online Casino Bonuses: Why Offering To Gamblers?

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Sometimes it seems that all the people in the online casino do is sit and think up new bonuses in the mad scramble to attract new customers. Why offer a online casino bonuses to gamblers? The online casino bonuses is actually a good idea and one that may be the model that many stores are now using to attract and retain customers. 

Everyone likes to get a freebie now and then and if you are surfing around and see an attractive online casino bonuses on offer, why not take it? At worst you will play and lose it but imagine the fun you can have while losing a free bonus! 

When it comes to online bonuses, there are three main types:

Sign-Up Bonus
The sign-up bonus is only offered to a site's new customers, and the amount of the bonus varies. Some online casino offer a straight cash bonus, also known as a “no-deposit bonus”, but these casinos are quite rare. Most online casino sites, however, offer a percentage of a new client's first deposit, say 50 percent of an initial deposit. If a new customer deposits $100, the site awards a $50 bonus. 
 
Other sites offer 100 percent, or even more, of an initial deposit. The most important thing to remember with bonuses is that it's crucial to read the fine print of the bonus schedule to understand how a particular site awards their new players. Some casinos give you a casino bonus code that you will have to fill in when claiming your bonus.

Almost all online casinos do not award sign-up bonuses in cold hard cash, but instead offer bonus points, which can only be converted into real money based on how much a player plays at the site. Most sites are consistent in the fact that they do not allow withdrawals to be made on bonuses until a player rolls over the bonus at the site. Information about how much a player has to wager before the bonus money can be withdrawn is found on the particular casino's home page. Look for "wagering requirements", which is the industry's term for this. If the casino bonus is $100, and the bonus must be rolled over 10 times, a player has to wager $1,000 before the bonus can be converted into cash.

Again, it is of the utmost importance to read the fine print when it comes to bonuses to understand how a casino works. Not all sites are the same.

Reload Bonus
Some sites offer their customers reload bonuses. A reload bonus is awarded every time a player deposits more money into an already activated account. Some reload bonuses are available immediately; others are converted into bonus points. In general, a player can not withdraw on a reload bonus until they have rolled over the bonus at the site a fixed number of times.

Referral Bonus
Or the "refer a friend bonus". This bonus is the most straightforward of all bonuses, and it is issued when a player refers another player to the site. Usually the referred player has to wager a fixed amount of money before the bonus money is released.

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